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Share Name Share Symbol Market Type Share ISIN Share Description
Griffin Mining Limited LSE:GFM London Ordinary Share BMG319201049 ORD $0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  6.00 8.96% 73.00 71.00 75.00 78.50 72.00 72.00 476,545 11:01:07
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 77.7 27.3 11.6 6.4 126

Griffin Mining Share Discussion Threads

Showing 40826 to 40847 of 40850 messages
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DateSubjectAuthorDiscuss
24/10/2020
18:48
Phillis I would be a lot happier if you cleared off to the other thread , that would be very good news for all of us,
alangriffbang
24/10/2020
17:55
Good win for Pompey away at the Mackems Should keep the old homophobe happy!
phillis
24/10/2020
17:51
Good research RG will tell you the treatment charge trends if you ask As I have done many times over the years
phillis
24/10/2020
14:51
Hi sage ,I bought another 50000 on Friday ,and I bought 50000 OMI, to be fare sage my broker has been spot on with the price of GFM ,I keep thinking about Amur but I don’t usually like companies in Russia, GGP is still going well and DRX is over £3 now, I’ve still got my late wife’s portfolio which is worth a small fortune she was a very shrewd investor and would laugh her socks off at the shares I am in now, tullow had a resurgence but I’m only interested in selling out of it, I don’t feel it has much of a future, keep smiling,
alangriffbang
24/10/2020
14:48
So, Treatment Charges are falling fast. Metal Prices are elevated and look set to remain so. Supply is constrained as a result of Covid in other parts of the world. Demand is strong in China and likely the rest of the world will similarly experience rising demand as a consequence of long term, govt. funded, infrastructure stimulus programmes. I suspect there must be quite a push in China just now to try and increase domestic Zinc production & therefore reduce imports. That should assist Griffin's efforts to finally gain the new licence for Zone II and consequently increase production.
mattjos
24/10/2020
14:42
As I understand it, Shaanxi Nonferrous Metals is China's largest Zinc refiner. you can check their prices here: https://www.metal.com/Zinc/201504080007 This is what you'll see for the last 3 years:
mattjos
24/10/2020
14:30
Griffin never gives 'chapter & verse' in its results with regards Chinese Zinc Treatment Charges (TC's). Management constantly remind investors that their job is to focus on optimising the mine production & its operating costs. They cannot control global metals prices or, the costs for refining/Treating the metal concentrates they produce. They have stated this week: "As can be deemed from the above production numbers, mining and processing rates in the period have recovered back to pre-Covid levels which, when taken with the higher average metal prices and lower treatment charges, has had a very positive result in terms of the Company's profitability and improved cash flows. The trend seems to be continuing into the fourth quarter." but, not given any specifics on Chinese TC's There are obviously other listed Zinc producers & some of those are much, much more forthcoming about TC's. Here is one such listed company: New Century resources https://www.newcenturyresources.com/ & in their latest (Sept 2020) Quarterly Results presentation, we can learn a helluva lot about the Zinc market & TC's. A couple of snips from their very detailed and informative earnings video: I would urge everyone invested here or considering an investment here, to listen to the entirety of their Sept 2020 Quarterly Result Presentation, here: https://www.newcenturyresources.com/category/company-presentations/
mattjos
24/10/2020
09:54
Hi JPPP. In terms of Amur I have held it for a while. I just feel that 2021 will be when it pops. Lots going on in the background which you can read about but a few bits ..recent deal with Glencore generates cash = less/ no more dilution. The Nickel mine is prime Nickel and it is a massive mine. Lots of drilling results from 2019 about to be included in Russian version of feasibility study. Lots of government support for development in the region. Why is Glencore really interested? Mcap is tiny. DYOR but one of my 3 that I have picked to 10 bag. ( Also Alba and Thor). Changing the subject Tullow was good this week and banks had an uptick from Barclays. It will be interesting to see Lloyd’s results on Thursday and comments re dividends.Also Alan I told you to ignore your useless brokers and buy GFM at 50p so you should be smiling! Remember brokers only do research on companies where they have large caps so that they can then make money trading the shares for clients. In general Aim stocks are not commercially worth their research time , hence why PI’s can made money ( or lose it!). GLA
sageman
24/10/2020
09:15
Ten-bagger shares – one’s which have risen 10 times in value - are the Holy Grail for many investors. https://twitter.com/ColdHotand/status/1319908795632451590?s=20
joinme50
23/10/2020
21:49
Alan, ''twas a good day, everyone of my shares ended blue which was a nice end to the week.Have a good weekend.Zoo
zooman
23/10/2020
21:14
Hi zoo, have been out for most of the day ,I picked up 50000 GFM today at lunchtime then bought 50000 OMI later his afternoon, I really begrudged paying so much as I tipped them at 2p, but it does look good long term, I’m quiet disappointed with the rise in GFM today but we will wait and see, apart from that it wasn’t a bad day, even tullow was up, I gave my friends a good laugh this afternoon they are still convinced they are both gay, I hope phillis upsetting people on the other thread doesn’t mean we’ve got to put up with it on here, just had a nice meal but it landed up in a rush in the end ,we are all going out for Sunday lunch which is so much better, hope you’ve had a good day ,nice to see some other posts on here rather than the other two, have a good evening ,
alangriffbang
23/10/2020
15:57
B, would be nice to see but feel it may be Jan before we break the pound. But having said that it could be next week. You never know.
zooman
23/10/2020
15:48
Hi Sage, I looked at Amur resources after your rec. Not a lot to find about them. shares have been on a good run. Feels like a complete punt, another hole in the ground with a bunch of crooks standing above it... but that said, probably worth a punt. Do you have anything else on it? I do know the president's brother, but he is not being forthcoming so far! JPPP
jppp
23/10/2020
15:31
The price has held up well and with a bit more news we may see a pound in the near future.Zoo
zooman
23/10/2020
15:04
Matt. You could probably characterise me as a stale bull but lead me to a field with a cow in season and I can still do the business.
theapiarist
23/10/2020
14:37
Be sure to let everyone know when output of all concentrates exceeds 2017 levels Oh and PS I dont think the terms of the current licence allows them to go any deeper - but this probably needs checking with RG
phillis
23/10/2020
14:32
In just about every annual statement the company advises that gold grades increase at depth .. its been a consistent statement by the company for years. anyway, a great & unexpected update today. Backwards looking of course and already near 30% of Q4 under our belts. Growing reasons for the market to be looking forward here & Quarterly updates will certainly help. Good to see some decent sized Buy trades being printed this afternoon .. remaining stale bulls (as evidenced on the other thread) are being replaced with new investors to take the shares into the future and onwards much higher
mattjos
23/10/2020
14:22
"In December 2007, production of a separate precious metals concentrate containing gold, silver and lead commenced from an integrated circuit forming part of the main processing facilities at Caijiaying. This allowed the full economic benefit of these metals to be obtained by the Group. Previously gold, silver and lead were “lost” and unaccounted for by the smelters in the zinc concentrate." I assume that both concentrates go to the respective refiners and then the Au/Ag/Pb figures is a post-refining figure for the quantum of refined metals from the concentrate. Spot price for each metal minus refining costs will be the Revs received by metal type & therefore there will always a discount to spot price for the metals according to the refiners charges and the 'purity' of the concentrate.
mattjos
23/10/2020
14:17
Zinc price has broken out of downward trend. Went to the IZLSG website to find out what was happening supply and demand. Nothing there explained it.
mariopeter
23/10/2020
14:02
Cranky today, alan. Why not have a cup of coffee?
rose_by_another_name
23/10/2020
13:43
Phillis if you are tired of us on here then why do you keep on posting here,why don’t you bxxger off ,to the other thread and leave us alone your so boring, no good trying to get sage there he is one of us and unlike you is well liked,
alangriffbang
23/10/2020
13:43
Can someone please clarify for me. When they refer to say Gold in concentrate produced Ozs 4,906 Is that 4906 with impurities or the eqivalent of 4,906 Ozs of pure gold?
rahosi
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