A producer for GBP8M. Madness |
"The latest gold pour of 416 ounces of gold doré in respect of December 2024 production was completed on 10 January 2025 following the Presidential inauguration on 7 January 2025, with gold production expected to reach our 1,000 ounces per month target in Q1 2025."
"We continue to make steady progress at Homase and our near-term objective of delivering 1,000 ounces of gold per month is within grasp. Operations on site are developing well and the team is pleased with the mine performance. We remain very optimistic about 2025 and we will keep the market updated regularly on our operations this year." |
Remember in December there was loss of work days during Xmas and new years eve.
Also inauguration of presidency too.... |
Trending in the right direction, which is what matters and if they hit 1000 oz during March, fantastic. The gold price is rising once again to record highs in most currencies. |
The monthly average to Oct was 250 ounces. Decembers was a 66.4% increase. An extremely bright future when pads 6 and 7 are operational. |
Doesn't look like we'll get our 1K oz's from Jan then but 10% improvement in Dec over Nov's no. shows revenue rising,if they can keep that going guess we'll be happy bunnies soon enough.
Needs just over 15% improvement from here for 500oz's in Jan which feels reasonable to expect? |
Just to add, my main thinking (or not) behind my "punt" is someone else has converted £2.7m of debt into equity at the break even of 1.9p. One side of the coin is , they had no choice, and would have lost everything as an unsecured creditor if they'd called in the loan and issued proceedings. On the other hand, they could have agreed payment by installments over say 2 years with added interest.
However, they were either sufficiently convinced (or gullible) to covert a big chunk of debt into equity. I'd hope that they are much closer to the action than we mere retail holders are and that we ride as proxy to their due diligence.
We'll see... |
Where do you get Labour supporter from . Just shows what a childish idiot you are 🤷a94;️ |
Labour supporters like you are too stupid to appreciate the implications of your actions. Will never change. |
Ha ha - you are an arrogant clown.Just comment on GRLs future FFS. I know it's beyond you, so you just whinge about the past and criticize others. Jog on. |
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People who are defensive usually have a deep-seated fear of judgment or rejection. They lack a strong self-esteem to feel emotionally safe enough to be wrong, i.e. to be vulnerable. They equate mistakes with personal inadequacy, so they try their hardest to maintain their self-image. |
Stop harping on about the past and analyze the present and future potential. Like me. |
I have been .. you are deluded in your own self importance .. which makes you dangerous and an idiot |
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! |
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