Goldplat Share Discussion Threads

[sea7] 29/6/2017 07:49

ahh tks KB,

In that case then, they are obviously targeting increases in production overall.

[kimboy2] 29/6/2017 06:16

VSA don't believe the increase to 14kozs to be a temporary effect from shortening the pipeline to Aurubis. They say;

...we expect Ghana’s long term production capacity to be around 14kozpa



It could something in the process that becomes more efficient with an elution column. It could just be that they can import concentrate to process, or that they are getting higher grade material.

Also seem Obuasi will be re-opening at some stage which will aid the availability of material;

[sea7] 29/6/2017 00:00

yep, qazwsxedc69, which is why I have the clown on filter - both of his user names.

Whilst the rest of us were making good gains, miller/rodson was making stonking losses and hasn't stopped grizzling about it yet.

It blames everyone else for its mistakes

[sea7] 28/6/2017 23:56

I would think that they are considering the fact that with concentrate going to aurubis from Ghana, there is the five month pipeline, however, with the elution column running, they are likely to get more production this year as the elution column will be running alongside a full pipeline to aurubis. As the amounts put through aurubis, reduces and the amount of bullion sent for refining increases, I would expect this production level to return to around 11k ozs, unless they have managed to increase it overall, by then.

[wigwammer] 28/6/2017 16:15

Russman forms "gold panning with dan" @ 2p.Result: 250%+ return within 2 years.(without stock dam or platinum)

[qazwsxedc69] 28/6/2017 13:48

Unreadable drivel from someone who has clearly missed the 300% return boat.

"Two fall in a few hours"
"punters to decide ship has a valid"
"something is very lung with this stock"

[1rodson] 28/6/2017 13:41

Two falls in a few hours on low volumes should be telling the intelligent ones here that something is very wrong with this stock.

Of course the thickos here never look at the fact that there are many punters suffering heavy losses from the direct misinformation put out by a crooked board of directors who always seem to prefer confusion over the the straight line.

I will have to leave it to the punters to decide if a sinking ship has a valid point to make.

[russman] 28/6/2017 12:44

Or maybe platinum.

[kimboy2] 28/6/2017 12:17

On the numbers for Ghana, VSA are predicting an output this year of 11kozs and once the elution column is in place a production of 14kozs. Not really clear why production should increase with the elution column.

In addition since these numbers they have announced improvements to the existing incinerator as well as the installation of two new ones. I would expect output to be perhaps something like 18kozs.

This all depends upon being able to feed the machines, which appears to have been problematic for various reasons. The news on the American contracts, as well as the installation of additional capacity and the elution column, would suggest that they are confident of this.

The numbers from Ghana are;

Op Profit £m Ozs £Profit/ozQ3/17 803 Q2/17 4,500 Q1/17 0.305 3,088 98Q4/16 -0.021 304 -69Q3/16 0.156 1,885 82Q2/16 0.146 1,897 76Q1/16 0.156 2,797 55



The elution column in South Africa looks as though it has added about £100/oz to operating profit. Once the Ghana one is completed the profit per oz could therefore be in the region of £180/oz.

If they produced 18kozs and achieved a profit/oz of £180 then the operating profit would be around £3.24m.

There will be tax to pay. The licensing agreement appears to be for 5% of turnover and a 6% corporation tax. That is my understanding anyway.

I reckon that leaves £2.2m post tax profit.

Any views?

[wigwammer] 28/6/2017 11:38

Crazeee dan you were right to change your username, and it speaks volumes. When is Russman going to do something right?

[wigwammer] 28/6/2017 11:34

"Classic PUMPING and DUMPING..."Yes, a classic case of 2 year pumping resulting in a 300% return, and little sign of dumping.You do make a lot of people laugh, crazeee dan.

[1rodson] 28/6/2017 11:31

Achie you have no idea of my gains on this share selling it at 11p, following Dan Miller.

So you play your game and leave me to mine. I have already sussed the PUMPERS and DUMPERS.....and Weill move to further expose them when Dan Miller reappears.

Meanwhile if you are happy being suckered.....please carry on be my guest, or rather S7 and Kimboy's.

[1rodson] 28/6/2017 11:27

Classic PUMPING and DUMPING......LOOK all sales today and down she goes.

Look out for the next round of pumping the old dead horse up by S7and KIMBOY.

PUNTERS by now you all should have seen the pattern of these two notorious PUMPERS and DUMPERS.

While the genuine stock buyer has been losing his shirt with this very drably run company, their paid (assumed) sycophants have been doing nicely over the the years.

Buyers beware as with the many problems in the pipeline, buying here would be likened to tipping your money down an empty well!

[1rodson] 28/6/2017 11:25

Classic PUMPING and DUMPING......LOOK all sales today and down she goes.

Look out for the next round of pumping the old dead horse up by S7and KIMBOY.

PUNTERS by now you all should have seen the pattern of these two notorious PUMPERS and DUMPERS.

While the genuine stock buyer has been losing his shirt with this very drably run company, their paid (assumed) sycophants have been doing nicely over the the years.

Buyers beware as with the many problems in the pipeline, buying here would be likened to tipping your money down an empty well!

[russman] 27/6/2017 13:18

Are you talking about the tailings dam.

[sea7] 26/6/2017 15:31

Archboldus,

That is because rodson is the same poster who used the name Daniel miller. He was bragging about buying this stock at the all time high of 16.49p and bragging about buying at 15.65p. He stated it was going to 30p and beyond. The stock collapsed to 1.75p after this. Miller/Rodson lost big time and was telling everyone to sell the stock when it hit 2p/1.75p. The stock subsequently climbed to nearly 8p and then retraced to the 7p it is at today.

He could have made a good return, had he played it better, but no, he has been on here
ever since, crying about his losses and blaming everyone else.

I have him filtered, as his incessant whining, crying and spiteful, sore loser postings are boring.

[kimboy2] 26/6/2017 14:34

Indeed.

A little over 18 months ago GDP market cap was about £3m. Next year they will probably make a profit of over £4m.

A remarkable turnaround IMV, with a good bit more to come.

[archboldus] 26/6/2017 13:48

Rodson - Sounds to me like you are the only person here not to have made a lot of money out this great share. Look at the graph. What a dream!

Your sour grapes give away that you have lost a fortune here. It just puzzles me -how?

[1rodson] 26/6/2017 12:32

Punters are taking note, no longer are they going to be sucked in by PUMPER and DUMPERS S7 and Kimboy........ALL SELLS TODAY.

WELL DONE LADS.

[1rodson] 26/6/2017 12:28

So glad to be filtered by the PUMPERS and DUMPERS they really are useless specimins and weak too boot.

They start something but don't have what it takes to see it through.

PUNTERSS BEWARE.

[russman] 26/6/2017 12:19

So how much of GDPs wip does RR hold pending "settlement".

[1rodson] 24/6/2017 15:39

keep on ramping you clown you may get a pumpers rise and then you can dump some as you usually do