Goldplat Share Discussion Threads

[sea7] 22/8/2016 12:29

The price given was, as you know below the advertised bid. As they only provide firm bids on 20k shares, as per the NMS, then the rest can be dealt lower, if the mm so wish. I suspect that order went through as a market order and the overall price was 5.35p. If it had been a limit order at the bid, then the seller may have got NMS filled and the rest unfilled, if the market maker did not wish to deal at that price for the whole lot.

[russman] 22/8/2016 12:13

Try again.Discuss the price received for a 200k transaction on Friday afternoon.

[sea7] 22/8/2016 08:07

I see that ashanti gold corp, who have a LOI with goldplat, have today been quoted as entering into a LOI, with alecto (ALO)

They have to carry out a PFS within 36 months.

[sea7] 21/8/2016 11:30

NMS - Normal market size.

That's only the minimum number of shares that the market makers are required to give firm bid and offer prices on.

They calculate it quarterly and base it on 2.5% of the stocks average daily turnover,
over the preceding year.

I do not think that the NMS will have been altered because of one 200k trade last week.

They are not likely to recalculate until the end of september.

[russman] 21/8/2016 10:00

NMS of 20k.
That is what happens when you shift 200k on a Friday afternoon.

[sea7] 20/8/2016 08:27

That is wonderful news dan, I do not expect to hear from you again.

[kimboy2] 19/8/2016 20:20

Well what are the expectations for this RNS ? My guesses FWIW are;

1. RR going to arbitration and written off in accounts, though expecting full recovery.

2. Operating profit for the 12 months;
South Africa - £2m
Ghana - £620k
Kili - -£0.5m

3. Stock dam to be in production this calendar year. Processing 100kt to produce 2,700ozs at a cash cost of $500

4. CIL on track for this year

I would be very happy with that.

[danielmiller1] 19/8/2016 17:35

Well I for one have had enough of your useless repetitive rubbish Stupid7

You have been given a good opportunity to prove whom is who and is what but I guess that's just too much for you as it means you would have to stop posting your diatribe for a few months and it's obvious you cant keep your useless ramping gob shut no matter what comes out of it.

It's easy to see how you guys are stuck in this dawgie no need to say more.

Dan will not post until October 1 when ALO will have tripled and you mugs are still crying over GDP.

In the meanwhile Dan and a few mates are crewing a schooner up to Cuba. The adventure of a lifetime.

[kimboy2] 19/8/2016 13:17

No, next week.

[kimboy2] 19/8/2016 12:24

I think the finals have until 31/12/16.

Should get an update next week.

[sea7] 19/8/2016 11:38

Of course they will. They have until the 30th september to publish. They will already have been completed, as it is a reflection of the position as at 30th June, irrespective of outstanding payments.

[russman] 19/8/2016 11:32

Will the final accounts make the deadline.

[sea7] 19/8/2016 11:03

Exactly my thoughts KB,

The time for something like this to hit a court room is 18 months to 2 years and then appeals can add further to this.

Arbitration, if it gets that far is more likely, as goldplat will not want to waste the time and resources chasing this through the courts.

[kimboy2] 19/8/2016 10:42

I don'tthink it will go to court but to some sort of arbitration resolution. Seems to be the way they do things over there;

[sea7] 19/8/2016 09:55

Flying swan, I have looked in a lot of places for any goldplat v rand and found nothing yet.

[sea7] 19/8/2016 09:54

True,

I can not believe that people seem to think that ALO will have even the remotest chance of producing from their projects in the short term.

Perhaps miller would care to read this....




The time it takes to bring a deposit into production is also increasing significantly, slowing the rate at which production is replaced. Between 1985 and 1995, 27 mines with confirmed discovery dates began production an average of eight years from the time of discovery. The time from discovery to production increased to 11 years for 57 new mines between 1996 and 2005, and to 18 years for 111 new mines between 2006 and 2013. (For this analysis, expansions and mine redevelopments are not included as they are not comparable with new mine developments.)

[flyingswan] 19/8/2016 09:48

Has anyone checked the court records, to see if there is a date for any Goldplat V RR hearing, Thanks?

[kimboy2] 19/8/2016 09:47

It will be interesting to see the terms the Chinese want if it actually materialises. There are after all plenty of projects that they can pick up lock stock and barrel if they wanted.

There are plenty more ALO shares to be issued. The question is the price.

[sea7] 19/8/2016 09:37

Yes, I can see that miller is backing up his claims at ALO with posts that are heavy on foul mouthed rants and very light on facts.

ALO estimate £10.94 million ($14.4m) for plant and infrastructure.

They are progressing vendor financing with Yantai Xinhai Machinery Co. Ltd for construction and financing of mining operations. You will note they say "financing mining operations" that means paying out for opex as well as capex.

They stated that they had about £1m in cash after the last balance sheet publication and fund raising.

They burn through about £800k in admin in a year, so that is the £1m gone.

Existing smaller shareholders in ALO are highly likely to be looking at being diluted out of existence.

I think its too marginal and too risky for me.

[kimboy2] 19/8/2016 09:32

Unfortunately Dan believes that someone else is going to pay for all of ALO's capex and that ALO are going to get all the profit. That is why he thinks it will treble.

That is what he means by deep and far reaching research. It just isn't worth discussing.

[russman] 19/8/2016 09:30

Still clutching at straws.

[qazwsxedc69] 19/8/2016 09:09

A quick glance at ALO reveals that Smeagle is stinking up the board over there too.

[sea7] 19/8/2016 07:48

Trying to predict share prices in specified timeframes, is finger in the air, crystal ball guessing, which is the preserve of fortune tellers and about as accurate as trying to tell me the next set of lottery numbers.

miller, you predicted GDP at 30p when you were buying at 16.5p, it plummeted to a low of 1.63p

miller, you stated afpo were cheap as chips, when you were buying at over 3p, the stock plummeted to less than half a penny a share and shows no signs of increasing again.

miller you stated alo were going places, the stock has collapsed from its high of 0.17p when you were ramping it, to 0.08p today, a 50% drop in price.

Based on that record, why would anyone take anything you say seriously. Your atrocious track record of predictions speak for themselves and expose the folly that share price predicting is.

If your research was as deep and far reaching as you say, then you would never have made any of the claims you have or invested at the prices you claimed to have done.

Yet despite the truth of your appalling record staring you in the face, you carry on in the same way stating that another share will triple in two months, which is a change from the few months you stated earlier.

Give it a rest miller.

[danielmiller1] 18/8/2016 22:59

Nit picking as usual eh stupid7 you really are too paranoid to be normal.

Why don't you show some balls and take me up on my prediction. We all make predictions when we buy as we are predicting a profit. Of cours in your case it will take a lot longer seeing as you are stuck with your dawgie.

So how about it you think I know nothing but I know that I do. I know my research is deep and far reaching which is the reason that I make so much money from stocks.

So here is the golden opportunity to see exactly what Miller is made of. Take my advice, ALO will triple at least triple by October. GDP will still be stagnating.

IF YOU AGREE THEN DURING THE NEXT FEW MONTHS NEITHER OF US WILL POST HERE UNTIL OCTOBER Ist.