Share Name Share Symbol Market Type Share ISIN Share Description
Goldplat Plc LSE:GDP London Ordinary Share GB00B0HCWM45 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 5.90 0.00 08:00:00
Bid Price Offer Price High Price Low Price Open Price
5.80 6.00 5.90 5.90 5.90
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 24.84 -1.09 -1.33 10
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 5.90 GBX

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Goldplat (GDP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2020-07-01 15:20:245.841,730101.03O
2020-07-01 15:19:315.845,993349.99O
2020-07-01 14:41:425.764,809276.99O
2020-07-01 13:26:155.7518,0181,036.04O
2020-07-01 13:19:075.7920,0001,158.08O
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Goldplat (GDP) Top Chat Posts

Goldplat Daily Update: Goldplat Plc is listed in the Mining sector of the London Stock Exchange with ticker GDP. The last closing price for Goldplat was 5.90p.
Goldplat Plc has a 4 week average price of 4.50p and a 12 week average price of 3.60p.
The 1 year high share price is 7.65p while the 1 year low share price is currently 2.25p.
There are currently 167,441,000 shares in issue and the average daily traded volume is 520,580 shares. The market capitalisation of Goldplat Plc is £9,879,019.
camerongd53: st decided to make a few summary comments, which you may or may not agree with. The share price of Goldplat today is approx. 5.85pence which is about twice what it was at the start of the year. This performance I am grateful for as it is better than most other shares which have been badly impacted with covid 19. I first bought @ 16p many many years ago and my average having bought more cheaply is approx. 7p. I do not expect any major movement in price unless the following occur: • Sale of Killimapesa – I don’t think this is going to happen until Covid 19 is over which I don’t think will be soon. Writing it off, giving it away or closing it down may actually be beneficial for the GDP Price. Resolving Killimapesa is long overdue – I think it has been both a financial and a management time and resource etc disaster. • The share price may go up with the announcement of full year results. I expect any profits earned and cashflow therefrom will be re-invested in raw materials which will be future profits. This I suspect will be in the company’s best interests but a declaration of a dividend could have a beneficial effect on the share price. If Ghana becomes really good, the share price may nudge upwards nicely. • Hints have been made at progress with the tailings around the year end (Dec20). If real progress is eventually achieved after many years of waiting, the share price could easily be much higher. • Although not really on the blog’s agenda, GDP could be a nice morcel for the likes of Shanta or Sylvania or others to digest as a takeover. I am hopeful that the GDP share price will be higher in a year’s time than it is now and be significantly higher by Dec 2021 I think that it is unrealistic to expect gains at the level seen over the last 6 months but if they happen would consider selling a significant part of my shareholding.
lowtrawler: The reason I'm asking for assistance in valuing the SA dams resource is that working on a 40% recovery rate, 26% minority interest and 50% tax rate with a $1,000 per ounce net return, I come up with a value that equals the current GDP share price. Even if I assume we need to spend a few hundred thousand on the tailings facility, this one resource appears to support the current GDP share price. What am I missing?
lowtrawler: Just got to be patient. There has been no GDP specific news and gold has recovered to prior levels. Should mean the GDP price moves back to 5p pending results. If the results are good, I actually expect 7p.
lowtrawler: $2000 should add around 35% to 50% to the current GDP share price without any other developments
lowtrawler: Extracted from LSE (where I think you posted it Mike?) Goldplat - quarterly update, production getting back on track... Goldplat (GDP) has updated emphasising that it is “pleased to report the progress made on key initiatives during the period, while maintaining profitability” and “with all the recovery operations restarted as of 20 April 2020 the group should continue generating profits during the last quarter”…; It noted its South Africa business was placed on care on maintenance 5 days prior to quarter-end and, though its Ghanaian business was not required to close, “not all circuits could be operated at full capacity towards the end of March” there. Overall, “the cash and cash equivalents on hand at date of the announcement was £ 3,200,000”. That compared to “approximately £2.8 million of cash on hand and access to facilities of £500 000” on our prior update. There will also be some current quarter impact – the restart of production in South Africa is at a reduced output and Ghana circuits could still not all be operated at full capacity in April for instance, but also noted is for South Africa “plans to increase production to full capacity shortly” and Ghana “operations should return to normal capacity during May we expect… will make up for most of the lost production during the last quarter”. It is also noted “the group continues to benefit from the higher gold spot price”, and the shares have responded higher to 4.45p capitalising the company at £7.5 million. The share price compares to around 3.5p when we previously updated, concluding the lockdowns will end at some stage and meanwhile the gold price is set to rocket. So now is NOT the time to sell. In fact BUY. With the last half-year results having showed a gross profit of £3 million on revenue of £12.5 million, with “administrative expenses” £0.7 million and the share price still comparing to more than 7p reached in February when the outlook for gold was arguably not as strong as it is now, our stance remains buy.
shareholder7: Thanks seaI believe the 11percent is held in trust so it could be in someone else name but still have a benefit to IanThen my question is how does this effect GDP share price. What if the trust wants to now sell the 11percent how is this done. Etc etc
shill10: great point , Kimboy - the market is still totally and completely blind to how geared GDP is to a rising Gold Price. GDP owns multiple call options on the price of Gold with strikes now clearly in the money - by this I'm thinking primarily of TSF (88,000 oz) and Kili (c 50,000 oz). If I add in your 16,000 oz and assume 50% recovery for TSF (v conservative) thats 110,000 oz now well in the money - another way of putting that is that every $100 on the price of gold is worth $11 million to GDP, or 5p per share !!!! The share price keeps going up and the share keeps getting more undervalued because the price of Gold moves the company's holdings even more.For reference, since the 23rd December 2019 the price of Gold has gone up by $150, adding 7.5p to GDP's net worth (ignoring all recovery ops). The actually share price has risen 4.5p. Hard for the market to keep up, but this is cheaper than it was at 2.5p in December.....
dinky00: GDP share price is back to levels of Nov-March when Gold was $1200-$1300. That makes sense! How the hell is this thing ever going to go up when the share price behaves like this????
shareholder7: Kimboy this is the issue, you act and think like GDP."Should try harder"is not the answer and I refer you to my previous posts that you all dismissed.GDP share price is where it is as you and the board just don't get it.This is why the next appointment is going to be key.We have an issue in sourcing, pricing and contracting, Kili was a distraction from the underlying issues Let's see where GDP goes next and hope we don't get someone that thinks like you as the next CEO
shareholder7: Gold price was around 1600 then sea and confirms that GDP share price is linked to the gold price The fall in the share is hopefully a reflection of the fall in the gold price and nothing sinister If we hit that number again for POG share price would be around that number again
Goldplat share price data is direct from the London Stock Exchange
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