Goldstone Resources Share Discussion Threads

[donaferentes] 13/5/2021 08:43

50,000 X (1,750 - 600) less 5m overhead (guess) / 1.40 = £37.5m ebidta Say fair value is 7X ebidta(I read somewhere recently - any ideas?) = share price of 90p. Could this be anywhere near accurate?

[kennyp52] 13/5/2021 08:41

Donoferentes .. it looks that way . If we can recover more gold and it’s economical then it’s a no brainer . All looks positive .

[jubboy] 13/5/2021 08:39

Someone seems to have changed their tune! Anyway great news fellow holders , hopefully we can now continue with some constructive chat and move on from the school play ground.

[donaferentes] 13/5/2021 08:37

The possible cash need is only to extend their leaching capacity if that proves more economical than paying 3rd parties. Did not appear to be for other operational or financial (loans etc) need.

[kennyp52] 13/5/2021 08:34

Of course you have Trader666 ... so have I . It’s called making money and nowt wrong with that .

[kennyp52] 13/5/2021 08:33

Evilblues.. my best guess would be within 3 months . The heap leach is about set up and the ore ready to go with 1 month’s feed stock-piled. With them looking to maximise the gold extraction she has said they may need some more cash dependent upon 3rd party agreements but that is normal at this stage and would be positive in my view that they are full steam ahead now with further exploration / drilling now planned to extend mine life . 50,000 ounce producer at this MCAP .. very good value .

[trader536] 13/5/2021 08:32

Kenny the clown, I've bought a few more, its called making money, that's what I do.

[donaferentes] 13/5/2021 08:31

Good news indeed in many respects. They start leaching within 2 weeks to produce first gold. Q1. When do they have to repay the 2,000 Oz gold loan to AIMS?Q2. Can they generate gold sales in time to repay the o/s $1,000,000 (20 X $50k bonds) plus associated interest by June 30 to avoid considerable share dilution?

[evilblues] 13/5/2021 08:26

Any idea when cash flow might start?

[maverick247] 13/5/2021 08:16

5x annual earnings would value this at £150m cap / 50p

[stonesp2] 13/5/2021 08:11

Spacedust .. it was worth the wait .. ::))

[smudge104] 13/5/2021 08:10

$600 per ounce, that’s one of the best rates I’ve seen, especially at over $1800 per ounce no brainer

[stonesp2] 13/5/2021 08:07

Broke my before 9 trading rule .. my broker is ------ trade still pending ... laughing face..

[smudge104] 13/5/2021 08:05

Why would you sell now, 300% increase ffs

[highly geared] 13/5/2021 08:04

Great news at last! Well done to all holders.

[smudge104] 13/5/2021 07:53

Monthly news flow now guaranteed, now a producer bring on the open

[stonesp2] 13/5/2021 07:50

Indeed... needs must... I'll be spending it ::))

[borisjohnsonshair] 13/5/2021 07:45

The risks were there yesterday- great you held 80%

[smudge104] 13/5/2021 07:39

Yes 300% increase and gold well over $1800! Will be adding today

[stonesp2] 13/5/2021 07:35

This represents an increase of more than 300% from the original production schedule. If that's not positive... and I sold 20% yesterday. Dohhh..

[maverick247] 13/5/2021 07:32

Absolute stunner

[best1467] 13/5/2021 07:11

Seems positive to me hint of Cash raise seems the only potential negative

[borisjohnsonshair] 13/5/2021 07:10

Your average was 11p you tit. Rather like at SRB you've sold out before the massive gains!!!! You'll be bitter and twisted here for another decade complaining about the CEO. It's your brain, judgement and timing that's screwed. You are the biggest moron in BB history and with zero friends in life.