Lies. Be specific about comments. Tit. |
My comment and predictions are based on news. Your silly comments are on the premise the news is dishonest. LSE News, isn't lies and propaganda, like the Guardian and BBC. |
Goldloser .. that is precisely why you are a loser . You are not working with any corroborated evidence. No proof of production, no proof of cash position , no proof of outstanding creditors , no proof of the increased operating costs . One thing that is fact is that Priestley has consistently misled investors . Are you Emma by chance in disguise? |
We are all aware of the halt in production late 2022 and early 2023. No production, no revenue, no money. Placements were essential, hence dilutions. Problems solved now and production rising very fast, hence revenue, hence money, hence profits in 2025.I know this doesn't baffle you. You are just upset and bitter you brought in before the halt in production, very high, and sold very very low before the debt reduction and rise in production. Get over it. The past is the past. Constructive opinion on the future is welcome. |
“The share price will recover and continue it's uptrend”
Look at the chart, there is no uptrend 🤷a94;️
The only trend has been dilution after dilution and destruction of shareholder value to pay the running costs and salaries for a loss making company |
No constructive comments to make on the numbers?? I guess numbers not your thing. |
kenny, to be fair, as you are very aware, his prediction was before the CLN issue!
The share price will recover and continue it's uptrend 'if' they can at least show they are heading in the right direction regarding their projected production target, in my opinion! |
Goldloser .. and none of your predictions of this share price rocketing have come true so you are just as bad . Your figures look solid enough .. if it is 95% that is decent but the fact remains that production guidance is just words until they prove they can do it. Fact … they were guiding 28k ounces a year 3 years ago with inferior plant and equipment - so why trust Emma’s guidance now ? |
All your statements are false since you soldASICShares in issueInsolvency and winding up order due to CLNDelisting due to CLNTheftLack of new, whereas it's been very frequentProduction drops while they rocketIn reality you know you brought too early (before the bad news), sold too low (before the CLN was very successfully renegotiated ) and now don't hold as the future looks fantastic. |
Btw - it was the recovery rate of the gold in the ore that halted production. This lead to a redesign of the process and need for funding. Extending of gold loans, new CLN and associated credit costs. The huge CLN now gone and associated future credit costs. Production is rising rapidly. 34% month on month in Oct. Dec likely to be 100% increase on Oct and Jan a further 50% increase on Dec.We are just waiting for the official updates.The market is currently price a total failure to get near guidance. |
At double production for zero extra cost, the AISC will drop 50%25,000 ounces at say USD1,000 when gold rises to USD3,000USD50M FCF per yearIt's not complicated |
11,400 ounces of gold a year plus silverThis is at 1.1 g / tAs they excavate deeper the grade improves to 2.5 g / tThis should pro rata increase production with ZERO extract costAISC will be below USD1500 at 950 per month2.5 / 1.1 x 11,400 when deeper = 25,909 |
The recovery rate is from the ore. Currently 1.1 gram per tonne. 1000 ounces of dore per month production. If the ratio remains the same, which almost certainly will be, it's 950 ounces of refined bullion per month |
Maybe I've got this wrong but I was expecting 1000oz gold dore from the Feb gold pour at a recovery rate of 65%, giving 650oz, making this 8000oz a year gold producer. |
Final results June 2022;Export of first commercial gold pour of 42.96kg gold doré, producing 40.96kg of gold bullion (1,307 Troy Ounces) and 1.72 kg of silver bullion (55 Troy Ounces) and revenues of US$2.4 millionMy maths makes that 95.34% plus silver. |
I took it from earlier official news, you fool. How could that be guessed! It's been reported. Read the facts and stop guessing nonsense to support your drivel. |
it’s 95%
Did you guess that too? |
Thanks Goldgeezer, didn't know that..
"They’ve already stated the dore to gold ratio of their process and ore in earlier official news - it’s 95%" |
You posted that you'd sold out in November.Why post negative lies? Very sad. |
BOD options aligned based on c. Doubling or Tripling of the current share price. Along with the loan holder conversion at 1.9p there’s plenty of motivation and skin in the game to deliver the long awaited commercial production. |
1B shares is incorrect. It's 900MThey've already stated the dore to gold ratio of their process and ore in earlier official news - it's 95%USD1500 AISC is the target for executive share options, alongside USD650 production per month.Profits will be very significant at 950 ounces of gold a month. |
Its taken from their options RNS. ie managements own target. Surprised you forgot actually?
"A total of 56,000,000 Options have been granted, of which: 50% will vest immediately and are exercisable at a price of £0.02 per ordinary share ("Tranche 1"); 25% will vest when production is greater than 650 oz per month for three consecutive months and are exercisable at £0.025 per ordinary share ("Tranche 2"); and 25% will vest when all-in sustaining production costs at the Homase Mine are reduced to US$1,500 per month for three consecutive months and are exercisable at a price of £0.03 per ordinary share ("Tranche 3")." |
a) 1000oz of dore is 6-700oz of gold, so revenue will be $1.62m or $19.5m a year.
b) AISC of $1500?? Did you guess this figure?
c) it dosent matter how much revenue they take, they need to make a profit instead of continual losses |
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