Sounds OK to me.. |
Goldgeezer, you clown |
Oops, I feel like a right Kenny now!!! |
Just from the link |
Where was this? |
 In the media:
Goldstone nears 1 000 oz a month production rate at Homase
15th January 2025
Aim-listed Goldstone Resources is maintaining an ore stack rate of 48 000 t a at the Homase mine, in Ghana, as production ramps up.
The company poured 416 oz of gold in December, with production on track to reach a rate of 1 000 oz a month during the first quarter of this year.
Goldstone says it continues to focus on civil engineering on the construction for Cells 6 and 7, which is part of the planned production ramp-up throughout this year.
Overall, the Akrokeri-Homase project hosts a 602 000 oz gold resource grading 1.77 g/t on average. The existing resource is confined to a 4 km zone of the Homase Trend and includes the Homase North, Pit and South deposits.
The project hosts two former mines which produced 75 000 oz of gold grading 24 g/t recovered in the early 1900s. The Homase pit, which AngloGold Ashanti developed in 2002, produced 52 000 oz of gold at a grade of 2.5 g/t recovered.
While its focus is currently on the Homase mine, Goldstone plans to build a portfolio of high-quality projects in Ghana with a particular focus on the Ashanti Gold Belt.
hxxps://www.engineeringnews.co.za/article/goldstone-nears-1000-oz-a-month-production-rate-at-homase-2025-01-15 |
I think you are cute and curious |
People trust you but they know you are an idiot. No one blame here, just pity for you and praise for your carers. |
Still not proven and what are the new costs with full shifts ? Even sold gold realising $2,600 POG at 1,000 ounces is $2.6m revenue ( how long does it take to get their dore refined then sold ?? ) . Guys on here need to get a grip .. this could only just be covering running costs and barely paying off overdue creditors. I expect an RNS in the New Year missing the guidance and possible placing … if Priestly is true to form 😡
I obviously want this to succeed to get some of my investment back but guys on here need to keep it real … THEY HAVE NOT YET DONE 1,000 OF BULLION GOLD SALES IN A MONTH
Oh .. and if you rampers want to fire some nonsense off … it’s not just me that doesn’t trust Priestly .. the market doesn’t .. no significant reaction to this RNS .. why ? |
What's up with the 11th & 12th month? |
Annualized actual gold oz production in 3 months could be c.10,000 oz.
Simple maths; say $1500 AISC at 10,000 oz and with gold at c $2,700, GRL will start throwing off cash. $12m annualized operating profit should see a market cap that equates to a share price in the 3p-5p range.
AIMHO |
Tick up coming |
Zak Mir
"Goldstone Resources Limited (GRL) provided an update on production at the Homase Mine and heap leach operation in south-western Ghana. GRL said it continues to make steady progress at Homase and its 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. It remains very optimistic about 2025 and will keep the market updated regularly on operations this year.
Comment: Having swerved its CLN issue. GRL can shine a light on the operational side, and its production goals for 2025."
hxxps://www.share-talk.com/rns-hotlist-with-zak-mir-ctl-bank-qbt-aaa-mka-ftc-he1-cora-obd-hum-gns-creo-groc-grl-cpx-fin-qed/ |
That's about the production figure I was expecting for that timeframe, especially with the issues that space highlights too! |
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;️ |
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