lol, kenny and Gold were you married or something? Either way can you take your tiff somewhere else please :-) |
You've had all the news and what's going on explained to you at least twice.You are a misnomer. You are exceptional and remarkable. What's even madder, you claim to be a holder. |
 Sounds very much like what she was promising back in 2023 …
Overview
· Front-end loaders, tractor and excavators, and the required plant including a second stacker and vibrating screens delivered to site with the objective of optimising production at Homase.
· ~$1.5 million invested into new and second-hand plant, equipment and components for the second dry plant and to complete the construction of next pad for the heap leach operation.
· Mining production levels forecast for 60,000 tonnes per month of ore, within three months following mine plan revision during Q1 2023.
· Revision of mine plan and improvements to the process plant to improve long-term performance has impacted Q1 2023 production, resulting in a small gold pour of 250 ounces doré for the quarter.
· Second dry plant will allow stacking to increase to some 40,000 tonnes pcm over the coming months, thus improving gold production for the remainder of 2023.
Emma Priestley, CEO of Goldstone, commented:
"Whilst these first few months have been disappointing in terms of gold poured, with the recent investment into the Company it has allowed for improvements to be made to enhance the long-term production profile of the mine, resulting in much additional work being undertaken at Homase. All this will put the Company on a sound footing going forward. The Company will update the market with a production forecast in the near future, as it is currently reviewing the forecast of costs of production which includes fuel, reagents and consumables, all of which remain high in this current economic climate." |
 Worth highlighting last weeks update, going to be an interesting and hopefully positive few months ahead!
12 February 2025
Record Gold Pour and Update re Homase Mine
Goldstone Resources Limited (AIM: GRL) is pleased to provide an update on its Homase Mine and heap leach operation in south-western Ghana.
· Record Gold Pour: On 10 February 2025, the Company achieved a record 16.253 kilograms of gold doré, equivalent to approximately 522 ounces of gold.
· Strong Production Growth: Monthly gold production has doubled since November 2024, and Goldstone remains committed to working towards its target of 1,000 ounces of doré per month.
· Consistent Improvement: The average monthly gold pour for 2024 was 225 troy ounces, based on final assay reports from Metalor Technologies SA, reflecting significant and ongoing operational improvements, particularly during Q4 2024.
· Operational Ramp-Up: The operation has successfully ramped up to an average of 48,000 tonnes of agglomerated stacked ore per month, with mining operations and heap leach processing targets on track. Lower-than-expected ore grades in the final stages of the Pit 2 of operations, which is nearing the limits of the oxide ore, are currently impacting final gold production volumes, however operations will shortly be re-entering the higher grade Pit 1, which was placed on hold in 2023 due to the now completed relocation of a stream. As such, mining operations will re-commence in Pit 1 within a month, where expected grades are 1-1.2 g/t, which with increased stacking and the continued improvement in leach kinetic rates is expected to facilitate the achievement of our production target over the coming months.
· Expansion in Progress: Operations are currently advancing on the second lift of pads 3 and 4, the extension to Cell 5 is nearing completion. The civil engineering work is underway for the construction of Cells 6 and 7. This work will support the expansion of both mining and processing operations throughout 2025, and preparatory work has already commenced for the expansion of Pit 1.
Emma Priestley, Chief Executive Officer, commented:
"We have seen significant recent operational improvement and now have the key building blocks in place to continue this momentum throughout 2025. We continue to work towards our target of 1,000 ounces of doré per month and believe the progress we've made in recent weeks demonstrates our ability to meet this goal." |
Officially no, however, this is in the hands of the holders broker.Unofficially we will know when the price rockets. Based on fundamentals and the news at face value, this is a fraction of its appropriate price. If the large scale seller is finished they'll rocket 50 to 100 percent. |
Well, we won't know until they are finished and issue a TR-1 |
The question is if Devonport have finished selling? |
It's significantly above where you sold. Egg on your face Monday to look forward to. |
Trolls have gone very quiet |
Gold at a record high , GRL shares are far too cheap , they will retest 2p in the coming weeks. |
Gone NT to buy 2.5m shares @ 1.10p !!! |
That 8.6m BUY @ full offer of 1.05p is a strong indication that overhang has been cleared. |
Gold at all time high and this old dog near all time lows.
I don’t understand, pls explain |
Pls explain why you didn't understand the explanation. |
Still 1p on the bid Goldloser .. please explain |
Nguvu Holdings were providing support on a related party basis. Perhaps it's them. |
I wonder if the recent creditor swap to shares (GoldStone Akrokeri Ltd) is part of the recent sale stock |
I'm watching a funny movie. Can you pls save your posts for tomorrow. I don't want to be overloaded with the comedy. Thanks |
What is wrong with you. Seriously? Are you aware of the executive share options and their exercise targets and cost? If they achieve them, everyone will be happy. Except you ha ha |
Monthly cashflow $1.5mn .. no overheads / CAPEX / debt to fund then ? The new board will want some big fat bonuses if they ever achieve guidance ( for the first time ever ) |
Thanks goldgeezer
Market values GRL at 11 million dollars vs monthly cashflow 1.5 million dollars
Given the prospects for increased volume and better grades the conclusion is near obvious |
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