Bowling alley? |
What is an alley? |
Nope .. an observation |
Another brain fart? |
Seems we have an alley in here 🤡 |
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 |
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
Hot Features
Premium
