Goldplat Share Discussion Threads

[applegarthlse] 12/9/2018 20:34

Rodson your a peasant ! SIMMER DOWN AND WIND YOUR NECK IN ! These are good folk on this board stop trolling them and get a job !

[1rodson] 12/9/2018 14:00

Only all sells today well I guess that to be expected until management learns how to manage..................with enthusiasm and dedication.

[1rodson] 12/9/2018 13:36

Another good post from DS REPRODUCED HERE

dangersimpson212 Sep '18 - 13:19 - 5671 of 5671
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I agree a buy back should be seriously considered. I understand why they have not done it in the past - they have had capex projects that have had rapid payback and have invested in stockpiles of material so they can guarantee production material. Now the capex is largely done and they are looking to get external investment into Kili then they have the option to do something additional with that cash. I know the plan was to raise capital for additional primary mining production but frankly with the share price where it is this should be off the table.

I would be happy if they retained capital for either:
- Ghana clean up
- unique strategic material stockpiles, or,
- Tailings reprocessing in house

Anything else is not worth considering at the moment IMO, and the next priority should be buybacks.

If they want to expand the primary mining they need to do a decent deal on external processing of the TSF and get £10m+ that they can invest into long term projects.

THE FIST THING THEY NEED TO DO IS TO SHOW THAT THEY CAN CONSISTENTLY TURN OUT A GOLD RECOVERY PROFIT YEAR ON YEAR FOR A WHILE IN ORDER TO REBUILD CONFIDENCE. THEY ALSO NEED TO STOP MEDLING IN ACTIVITIES THEY KNOW NOTHING ABOUT AND JUST GET ON WITH THE JOB AT HOME WHERE THERE STILL REMAINS AN UNQUANTIFIABLE AMOUNT OF GOLD BEARING WAST.

AS A LAST THOUGHT REPLACE GREEN WITH AN EXPERIENCED COMPETANT CEO WHO REALLY DOES KNOW THE GOLD RECOVERY BUSINESS.

[dangersimpson2] 12/9/2018 13:19

I agree a buy back should be seriously considered. I understand why they have not done it in the past - they have had capex projects that have had rapid payback and have invested in stockpiles of material so they can guarantee production material. Now the capex is largely done and they are looking to get external investment into Kili then they have the option to do something additional with that cash. I know the plan was to raise capital for additional primary mining production but frankly with the share price where it is this should be off the table.

I would be happy if they retained capital for either:
- Ghana clean up
- unique strategic material stockpiles, or,
- Tailings reprocessing in house

Anything else is not worth considering at the moment IMO, and the next priority should be buybacks.

If they want to expand the primary mining they need to do a decent deal on external processing of the TSF and get £10m+ that they can invest into long term projects.

[1rodson] 12/9/2018 13:01

Good post DS in fact very good and rather interesting an assessment.

You should have a place on the GDP BOARD at leat you seem to know your stuff.

Kimboy212 Sep '18 - 07:57 - 5668 of 5670 (Filtered)

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dangersimpson212 Sep '18 - 11:35 - 5669 of 5670
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FireAngel is up 35% today on a partnership agreement announcement. Obviously completely different sector but I see a number of similarities to waiting for news at GDP. FA invested into where they believed their industry was going, but with no contracts signed the market (including me at times) had big doubts if they had made the right choice and was attributing zero value to the development - it seems the market was wrong.

At GDP the management knew that they had potential to retreat tailings, they invested in a JORC compliant resource estimate back in 2016. But since there has been no progress on processing this the market has placed no value on this. In fact it's only since we have been batting some numbers back and forth on here that I've realised that this has real value - 1.78g/t sounded like marginal dirt to me until I realised DRDGold are profitably processing 0.4g/t dirt in the same sort of area.

[kimboy2] 12/9/2018 11:47

One thing I would very much like to see is a buy back. I suspect it will be difficult for them to enact on an ad hoc basis as there is likely to be a lot going on.

It would be good if they just gave the brokers an instruction to buy under 8p and mop up whatever is about. It would nice if they bought in enough to pay the options when they arise in existing shares.

[dangersimpson2] 12/9/2018 11:35

FireAngel is up 35% today on a partnership agreement announcement. Obviously completely different sector but I see a number of similarities to waiting for news at GDP. FA invested into where they believed their industry was going, but with no contracts signed the market (including me at times) had big doubts if they had made the right choice and was attributing zero value to the development - it seems the market was wrong.

At GDP the management knew that they had potential to retreat tailings, they invested in a JORC compliant resource estimate back in 2016. But since there has been no progress on processing this the market has placed no value on this. In fact it's only since we have been batting some numbers back and forth on here that I've realised that this has real value - 1.78g/t sounded like marginal dirt to me until I realised DRDGold are profitably processing 0.4g/t dirt in the same sort of area.

[kimboy2] 12/9/2018 07:57

It would be useful if we could actually see a broker report as well.

In the next fortnight or so we will get the AR and updates from the various projects.

[dangersimpson2] 11/9/2018 22:25

Bit far to go to attend that one for me :-))

Hopefully the company will do a post results webcast/Q&A as they did after the interim results.

[sea7] 11/9/2018 20:15

I see that Gerard will be speaking at the kenya mining forum this november...



High-level government and industry experts that have been confirmed to speak in the Kenya Mining Forum conference so far include:

• Cedric Simonet, Chairman, Kenya Chamber of Mines, Kenya
• Mairura Omwenga, Chairman, Town and County Planners Association of Kenya (TCPAK), Kenya
• H.E Josphat Nanok, Governor Turkana County and Chairman, Council of Governors, Kenya
• Sammy Ndolo, Managing Partner, Kieti Advocates LLP, Kenya
• Gabriel Negatu, Director General, East Africa Regional Development and Business Delivery Office, African Development Bank, Kenya
• Geoffrey Alondo, Head of Enterprise Banking, Stanbic Bank (Kenya) Ltd, Kenya
• Bahati Morara, Commercial Director, Nairobi Securities Exchange (NSE), Kenya
• Joe Schwarz, General Manager External Affairs and Development, Base Titanium, Kenya
• Gerard Kisbey-Green, CEO, Goldplat Plc, Kilimapesa Gold, Kenya
• Philippa Hutchinson, Chief Advisor Sustainability - Community, Government, Environment, Acacia Exploration, Kenya
• Susan Maingi, Director Corporate Affairs, Communications & Sustainable Development, Bamburi Cement Ltd, Member of LafargeHolcim, Kenya

[sea7] 11/9/2018 19:34

clearly not on filter, otherwise you would not have known the post was about you.

[sea7] 11/9/2018 16:57

clearly not on filter, otherwise you would not have known the post was about you.

[sea7] 11/9/2018 13:43

clearly not on filter, otherwise you would not have known the post was about you.

[sea7] 11/9/2018 12:50

rodson says..

Corning the market.

how the hell can these clown fvck up such an easy operation processes as recying for the recovery of gold.

......

Not quite sure what corning is and "easy operation processes as recying" doesn't read well at all.

So, based on the above and the rest of the garbage miller has posted, it is safe to say, that his comments can be suitably ignored and filed under "ramblings of an idiot"

[1rodson] 11/9/2018 11:51

GDP:
I note the wise punter is staying well away from this old dog today. A great decision how the hell can these clowns fvck up such an easy operational processe as recying for the recovery of gold.

I said years ago when a few new recovery companies were coming on line that their success would leave GDP behind and they have.......while GDP should have been cornering the market and has failed so miserably.

Why are there so many non production posts at GDP? No one seems to know what they are doing over and above drawing a wage.

[1rodson] 10/9/2018 23:46

And another good 'un from LSE

‘During development the scope of GOLDBLOC® has grown to become the foundation of a gold banking ecosystem‘

From a recent RNS since suspension.

This is clearly gaining momentum behind the scenes & our stake in Railsbank May prove a very shrewd move too.

[sea7] 10/9/2018 17:07

no rodson - that is not your understanding - you have ripped that off from a poster called brownadder on the lse site, which was posted at 13.32 today. You have simply copied and pasted it, without crediting the author - an attempt to make it look like your own.

[1rodson] 10/9/2018 16:02

LIONSGOLD.....JUST IN CASE YOU MISSED IT ON LSE.


OK, here's my little understanding

No one can discredit the blockchain or crypto - Crypto or Digital currency is the reality but it has to be agreed upon universally for it to be adopted - no one will agree on their intrinsic value
NoT when US CHINA RUSSIA BREXIT is going on.

Thepassion behind crypto will only swell.
People want a stable crypto which few people cant swing around for their gains.

Golcbloc is the only answer available at the moment.
PS there might be others similar to Goldbloc (hedged against Spot
1 - Has utility functionality built in. buy sell whatever anywhere with Mastercard.
2 - Bank Account functionality built in.
3 - Bank to Bank transfer functionality built in.
4 - Can be used for individual or business use.
5 - Can be used to transfer FIAT money across countries.
6 - Can be used to hedge against FIAT currency.
7 - Can not be manipulated.
8 - Can offer Goldbloc Mortgages and Car Finance
9 - Goldbloc insurance

LIONSGOLD is a proper futuristic bank/finance company.

As for uptake, It will take time (LION needs money anyway)

gives enough time for you and I to gobble it up ?
joe public should come later than you and I to multi multi bag !