GRLShares in Issue 752.49mMarket Cap. £9.97mGreatland gold (Ggp)Shares in Issue 13.08bMarket Cap. £797.84m |
Greatland gold GGPShares in Issue 13.08bMarket Cap. £797.84m |
All I'm interested is the share price So many aim shares with no revenue no profit no assets are valued at 100s of millions in mkt cap |
Why isn't this above the three month high. Pros;Production up 34%Debt down GBP2.8M, sold at 1.9pFuture credit costs slashed all adding to marginsDouble shifts startedPads 6 and 7 near completion ready for action in JanNo date shift in the January forecast 1000 ounces from JanCon;Dilution 16%(not a con really as the deal was fantastic)Peeps missing an opportunity |
“If Homase can self finance the development of Akrokeri to production”
Homase can’t even turn a profit, so how is it going to fund another mine?
Don’t forget there’s almost a billion shares in issue now, a few years back there were 250m. Calls of a 4p share price would mean a market cap of £36m, I can’t see that on 8koz production (if they hit target). |
My wish is grls command |
I see the rise to above 3p to be pretty quick. At what point would be 3p share options be exercised. A major positive signal. |
Must be a blue day today |
If Homase can self finance the development of Akrokeri to production GRL would be worth several hundred million. Homase has higher grades under the existing open pit, so they will double production simply by doubling the g / t. 24,000 ounces rate, at a very low AISC, is on the cards by 2026 |
Birim Gold (1996) & Pan African Resources (2000) – 5,200m Diamond Drilling Relogged in 2018 High grade quartz veins up to 8 g/t 1.5m @ 52.1 g/t 17m @ 11 g/t Individual Assays up to 25 g/t
You can see why the ultimate aim is to use Homase to fund reopening of Akrokeri. |
Akrokeri, historic grades:
During the four-year production period, between 1905 and 1909, 94,500 tonnes of ore were mined to produce about 75,071 ounces of gold. The recoverable grade is calculated to be 24.7g Au/ton. |
No one did until musk bought some shares. |
Cheers HG, never heard of that one before! |
Hi ronson,I maybe showing my age but what is a telegram group? |
Is there a telegram group for this? |
December figures will probably be announced around 10th January |
Well we might get a production update by end of this month which if showing an improvement should produce more interest.
When January's production figures are announced and again if positive and heading towards the 1000oz pcm figure will be the key for a decent share price rise, imo
So, not long to wait! |
There will for sure be some profit takers |
If it settles around this level that will do for today! |
Also expect a spike post 3pm today |
I imagine the fed will cut rates thick n fast over next yr or 2. I expect dollar to decline. And I expect gold producers to scream. 2025 is just the beginning |
Gold.price in 2008 was around d 2000$ almost all aim shares went ballistic. But it was more to do with the dictator Dollar currency. |
To see 50p/ share , you’d need “gold mania” conditions. Possible in about 3-4 years.
In the meantime, 4p is realistic within 6 months if they can demonstrate 8,500 oz gold annual production. Add more if a plan for Akrokeri is implemented ( u/ground mine reopening). |