From next Monday share price will start rising in anticipation of the January pour. |
Lots of buying but no rise. Added liquidity mentioned in the news seems correct. Could pop soon though. |
Monthly income projections to be over 2 million pounds
Annualised, projected income over 24 million pounds
vs ten million pound market value
The disconnect may have deep value investors looking in. |
In your H opinion?? Due to your reputation for zero correct decisions, you've just derisked the business. Uptick today expected.Read the news and follow the story |
What are their overheads Goldgeezer? What are the cash balances ? How much do they owe suppliers? One mistake or missing guidance away from serious financial difficulty imho .. then de-listed .. again . VERY RISKY |
Oh, you and the Mensa boys been chatting again? A production company goes broke, if it doesn't produce. Genius. December production beat the full year 2022 and was up 100% on Oct 2034.I know you are struggling to spot a trend, soI'll help ....... It's rocketing. |
If they do not meet the 1,000 production this will possibly collapse and then maybe you are looking at de-listing again as the finances will probably be in tatters |
Goldstone Resources* (GRL LN) 1.3p, Mkt Cap £10m – Settlement of the £2.8m convertible note
The Company is issuing ~148m shares to Devonport Capital in consideration for the £2.8m convertible loan settlement.
Earlier in December, the Company announced an agreement to issue 85.9m shares to settle the outstanding principal and accrued interest of the loan (implying a 3.25p conversion price) as well as 61.8m new shares as a consideration for the conversion agreement.
New 148m shares represent ~16% of the enlarged issued share capital.
Conclusion: Settlement lifts immediate liquidity pressures as the Company is working on raising production rates targeting 1kozpm in 1Q25.
hxxps://www.share-talk.com/sp-angel-morning-view-todays-market-view-tuesday-28th-january-2025/ |
Read the news Kenny |
If Devonport weren't confident but had no choice, they'd be dumping now, just to get some cash out. Kenny - you should get a GoHenry credit card and bank account. You'll learn about money, savings, interest and planning. "Nearly a billion". Are you looking at the shares you purchased at 95p that are now 90p, thinking they are nearly 100p? |
It's not the value of your moronic input that counts, it's the taking part. As long as you are enjoying yourself, it's fine. |
Nothing new .. this was all known . Nearly 1 billion shares in issue now due to the failure of Priestley who remains in situ .. only thing the market wants to hear is actual 1,000 ounces per month and better . |
The debt was up to GBP2.8M. At 8% the cost was £224k a year. A huge debt reduction, significant removal of credit cost for a dilution at 1.9p. Excellent news. |
"Full and final settlement of the Convertible Loan Notes" makes for a clear runway |
Twitter 'X' update half an hour ago! |
Might get a tick up above this mornings price at end of the day,then again we might not :-) |
1 sell trade destroyed all the other buy trades |
No, however, no one cares, except you. You are exceptional. |
I'm in profit here and not in SRB. SRB is a ticking time bomb. It'll be double by the end of the year or 25p |
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