Hi banjo, hope your well…. |
We can expect monthly updates. Middle of the month. Every 2nd week of the month will be exciting. Hopefully share price rises in anticipation of news. 6p pleasee by April |
Hi smudge, yes definitely heading in the right direction now, steady away! |
One things first sure, if and when they do get to 1000 oz a month, you won’t be looking at 1.5p, it’ll be multiples off, first step is 1000oz per month, then increases from there, only 100oz a month ads 270k a month or £2.5 million per year, small increases = considerable FCF and with the amount of shares the BID and bill tree have between them, I would imagine whilst using funds to dig deeper at homase and progress the once 25gpt akrokeri and surplus which there should be could be distributed as a dividend. Think the worm is turning here, from the recent rns
We remain very optimistic about 2025 and we will keep the market updated regularly on our operations this year."
So far so good, I think they know the path this time and they are finally getting more and more gold out with every pour, they are learning most importantly how to extract the shiny stuff |
1,000 will have annual FCF of USD13.86M assuming 95% dore / gold, AISC USD1,500 and PoG USD2,7002.5 g / t is USD46.636M with AISC USD1,0006 g / t is USD74.618M with AISC USD1,000This is just Homase!!!Taking 75% of FCF x 6 PE = EV USD335M or GBP268MWith 1B shares. 900M at present plus 2025 Q1 2025 cash raise of 50M shares plus share option 50M = 26.8p |
1,000 is based on the surface low grade ore 1.1 g / t.They can excavate 2.5 g / t easily at Homase and eventually 6 g / t. These grade proportionally increase production without greater costs, hence production rises, AISC drops1,000 will have AISC of less than USD1,5002.5 g / t is 2,272 ounces at AISC st say USD1,0006 g / t has a different extraction method, so AISC can't be calculated, say USD1,000 |
"near-term objective of delivering 1,000 ounces of gold per month is within grasp"
If that's the 'near-term objective' would that imply further rises in production for the longer term, I would expect so but who knows! |
 A reminder of the latest RNS:
15 January 2025
Mine Update
Goldstone Resources Limited (AIM: GRL) is pleased to provide an update on production at the Homase Mine and heap leach operation in south-western Ghana ("Homase").
The production ramp up continues to advance, with a 48,000 tonnes per month of agglomerated stacked ore in November and December 2024, and this stacking rate is expected to be maintained over the coming months. 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.
The Company continues to focus on the progressing the civil engineering on the construction for Cells 6 and 7 for the continuation of the mining operations for the planned ramp up of production throughout 2025.
Emma Priestley, Chief Executive Officer, commented:
"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." |
Nice rise today! |
Actually Kenny - don't bother reading anything. Fortunately other investors can understand the recent past and future potential, plus know you are a fool. |
Read the news FFS. The ratio of gold from their dore is stated!!! 2022 financials give the conversion of dore to refined bullion .... 95%. Anyone with an IQ over 81 could also understand the revenue vs production of 2023 and H1 2024.It's beyond you but your non specific guess work is amusing. |
Kenny - get an adult to read this;HTTPS://smallcappix.com/blogdetail?id=63Then explain it to you |
Ha ha, you are still harping on about the past and you've not even read or understood the related news!!! Not read or understood the history, present or future. You are hilarious |
Technical issues resolved .. where in an RNS does it confirm this .. please point me in the right direction as they had over 5,000 stuck in leach pads which .. you guessed it .. obviously did not get resolved … or did it and the gold has disappeared. You are a desperate 1 share amateur investor ramping the life out of this to try and not lose the lot . Fool |
Tit - technical issues resolved. Nothing to do with trust. |
The past issues indicate this is a company it is very difficult to trust you numptie |
What a hidden gem this is. The past issues have created an incredible opportunity |
https://smallcappix.com/blogdetail?id=63 |
HTTPS://smallcappix.com/blogdetail?id=63 |
Up 6% this afternoon!!!! Something brewing? |
Jog on. I've got to do some work or I'll get sacked. |
Ha ha - you prove my point again. It's no surprise you lose so much |
So touchy .. I think you may even be Emma ? Are you hanging on every post ? How many shares you hold . Total idiot |
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