yes, steady away! I'm in no rush but it would be nice to achieve their production target over the next few months. |
Ok let's say 2% rise per day. Even 1% day uptick is good enough fir. Honestly let it be as boring as it can but as long as the direction is good and up |
quite happy for steady progress, achieve that and the share price will look after itself, 1000 oz will see at least 3-4p, start beating 1000oz a month this has a long way to go. |
That's a 100% rise per week. I think it would run out of steam within two months |
Banjo. That would be good scenario and I can't see why they couldn't do something like that. Would be great just to receive monthly updates with increasing production.
I want a very slow boring gradual rise. Daily 10% up ticks would do me just fine. I don't want a mammoth rise then smack back down again. |
People need to wake up and smell the coffee here. This can go to 25,000-30,000 ounces a year on Homase alone. |
spiked up as I type...........If GRL can increase production on a monthly bases and report monthly to the 'market' then that will do me! |
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. |
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