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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Patagonia Gold Plc | PGD | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 31.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 31.00 | 31.00 |
| Top Posts |
|---|
Posted at 31/5/2019 23:52 by hl83 Steeple, Vanjee, thanks for the info re barclays/isa. I will have to look into it further.Steeple I appreciate your reasons for selling, if I could get anything worth having for my shares I would probably do the same. However with the loss I'm sitting on, selling even at the offered 35% premium would be pointless. And on the plus side there should be efficiencies from the synergy with HMX's nearby operations, and one can safely assume that the new entity will have better management than PGD has had in the past. Technical problems notwithstanding I will probably try and hold onto these, pending some more research into HMX. GLA |
Posted at 21/5/2019 17:43 by gsg Possibly answered my own question. The material from COSE will be trucked to Manantial Espejo. Maybe PGD could also negotiate to truck their material there. |
Posted at 21/5/2019 17:29 by gsg According to the last annual results"the Company is continuing to evaluate the options available to mine the high-grade COSE-style hypogene mineralisation which lies below the completed open pit and which is estimated to hold approximately 300,000 oz AuEq at 20g/t AuEq and treat it at a nearby facility." According to the link below, right next door to Cap Oeste, Pan American Silver have been developing the old PGD COSE project into a producing mine, (although there is no detail on their website). Wondering whether PGD are looking to cut a deal with Pan American for them to process the 300k oz's at the COSE mine? Alternatively they could flog the Cap Oeste resource to Pan American's subsidiary given the potential synergy with COSE. Just thinking out loud. Any thoughts? |
Posted at 19/2/2019 17:16 by eblitz1 Hello GsGNice to hear from you on this board. I'm not going to ask anything about competitors as I am nursing very heavy losses on here. Do you think PGD are going private or do you think that they will asses and ask for monies and then go private |
Posted at 19/2/2019 15:06 by kirk 6 With all this talk about going private will PGD give us any warning? You would hope that going private would mean buying existing shares from investors!! |
Posted at 13/2/2019 15:21 by gsg eblitz.For a monthly fee you can subscribe for the Level 2 market makers order book as supplied by the London Stock Exchange. It's not to much use to illiquid stock like PGD, however you can get an idea on what market makers are up to some of the time. I have a micky mouse version, and there are much more sophisticated versions as used by professionals and brokers. You can see from my previous post that there is the code of the mm's name, together with their normal market size and in the top column the price they are bidding for your shares. In the lower table is the price they will offer to buy your shares. I'm no expert on L2 but it helps me have an idea as to how a stock is behaving at times during the day. In the case of PGD it is pretty much useless as nothing much happens.lol If you click on the L2 tab on the top of the advfn page, they normally provide a live example of L2 in action. I hope that helps. |
Posted at 18/1/2019 15:40 by gsg Hi lochlea.I did look at that tweet on the local radio station last month, however I disregarded it as being spurious. Looks like they really need to deliver something on Calcatreu. Ever hopeful for some news on the drilling before the middle of Feb. I still believe Calacatreu is the best prospect PGD have ever had. If it turns out to be a duffer, I don't know where they will take PGD. |
Posted at 17/1/2019 09:14 by gsg Anyone care to have a guess at the PGD free float?IMO it looks to be tiny, given 24m shares in issue, with the concert party owning over 60%. That leaves around 9.6m shares on the open market of which a percentage will be LTH's. My thought is, if say 50% (pure guess) are LTH's that leaves a free float of 4.8m shares It will be interesting to see the price movement if PGD were to ever put out some really good news. Not that that's happened for a very long time. |
Posted at 10/1/2019 11:52 by justino To refresh memories of long term holders and help newer ones.PGD has circa 24 million shares in issue, hence at the current 105p price a market cap of £25 million pounds. The share consolidated 100 to one in 2018 at approx 1.25p to 125p. Before consolidation there were about 2.5 billion shares in issue. In 2011 PGD peaked at 70p, but there were a lot less shares in issue, around 450 million from memory but i could be wrong, making market cap of £300 million pounds. At that point PGD was purely an explorer and hadn't produced an oz of gold. It had the Cap Oeste Project with just over 1 moz. The market was highly charged by gold price speculation (gold got to $1900). Back to today. PGD has valuable resources, modest but improving production levels and a highly prospective land package including Calcatreu with over 1m oz and potentially closer to 2 m oz over the next drilling campaign. Debt is high but it seems the CEO is doing his very best to cut costs and pay down debt. To get back to a £300m market cap (old 70p) level in today's terms PGD would have to get to a price of about 1200p or £12 For that to happen i think we'd need: 1. Debt reducing rapidly towards zero. 2. Production from all projects of 80k oz per year with all in cash costs of $650/oz (£1250 gold price) so $600 profit per oz or $48m per year. 3. Calcatreu at 2m oz. Just my opinion and how I hope PGD will turn from here. |
Posted at 28/12/2018 09:09 by whu0319 Today's RNS is very smart for zero cost of acquiring 4 additional property in area PGD has been based for decades!!! with gold price moving north again (likely reach$1400/oz in coming months (along with silver), PGD is cash flow rich (recent production cost is less than$ 500/oz) for yearly production of 45000oz for 2018), new drilling at Calcatreu new flagship site. also the 300,000pz at depth below openpit of Cap Oeste, etc.. PGD clearly know when to start to commit the CAPEX to making maximum efficiency !! 2019 should be major turned around and I put my money there my mouth is, ADD! |
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