Trans-siberian Gold Share Discussion Threads

[rolo7] 23/1/2019 11:37

looks interesting this share massive dividend now, wonder how much the energy deal woll make to profits/cashflow?

[avsome1968] 11/1/2019 08:32

Good results nice tick up should be in mid 40s TSG solid company be nice if they could up production next year another 20% with very good gold grade

[adrian j boris] 11/1/2019 08:05

RNS Number : 8021M

Trans-Siberian Gold PLC

11 January 2019

Trans-Siberian Gold plc

("TSG" or the "Company")

Trading Update

Trans-Siberian Gold plc (TSG.LN) provides the following trading update.

Highlights:

-- Upper end of FY18 gold production expected to be exceeded
-- Improved gold grades in Q4 (Q3 2018: average gold grade of 7.8 g/t)
-- Electricity supply contract expected to substantially reduce power costs in 2019
-- Continuing construction of underground water pumping facilities

Operational performance at the Asacha Gold Mine has continued to improve in H2 2018 and as a result of improving gold grades in Q4 2018, the Company expects to slightly exceed the upper end of the full year total gold production guidance of 36,000 - 40,000 oz for 2018. As previously indicated, a production update for Q4 2018 will be provided in January 2019.

The Company also reports that it has entered into a new electricity supply agreement with Kamchatskenergo which will supply power to the Asacha Gold Mine at a reduced price of RUR 4.69/kWh (US$0.07/kWh) following the implementation of incentive measures to support the development of the Far East of Russia introduced by the government. The agreement is for an initial period of 12 months. Kamchatskenergo is a subsidiary of RAO Energy Systems of the East Group which is part of the RusHydro Group (MICEX:MOEX, LSE: HYDR).

Construction of the underground de-watering pumping facilities continues albeit slightly behind the original planning timetable. Completion of the permanent facilities is expected to be achieved by May 2019.

Alexander Dorogov, CEO of TSG, commented:

"We are pleased to announce these developments. We are making continuous improvements at the Asacha Gold Mine which are delivering real results. Power is a significant production cost and we are pleased to have secured a substantial cost saving with the support of the regional Government of Kamchatka. We are grateful for this which affirms the Far East of Russia as an attractive place for gold mining'.

Ends

[avsome1968] 01/11/2018 20:04

This share so frustrating been in this share on and of over the years great little gold mining company only 45 m shares available steady gold turn over good management had no major hiccups dividend pay out 22m in banks shares stays static hopefully gold price up 19 points today November to February usually good turning point in share price should see this rise above 40-45 pence shortly

[loganair] 30/10/2018 09:49

A good income play rather then capital growth.

[linton5] 30/10/2018 09:45

This company is a hidden gem just plods along giving good quartely results only thing is the share price doesn’t move in sync,maybe one day wilbert maybe one day

[linton5] 23/10/2018 11:19

I seem to agree with you breaktwister, surprised it hasn’t moved

[breaktwister] 19/10/2018 14:04

Half year profit 4x but no share price move and nobody on the chatboards? A forgotten gem here?

[fuiseog] 04/7/2018 12:18

Ex-div today

[cascudi] 01/5/2018 15:03

Seems undervalued

[ali g2] 19/1/2018 09:21

Great results now too!

[ali g2] 19/12/2017 10:17

Corporate presentation working?
Looking forward to 2018 - feels like we have been freshened up and should be taken seriously as very undervalued.

[bean02] 19/10/2017 12:27

Can't fathom sellers here and now

[robward] 19/10/2017 09:44

Production appears to be on the up and at better grades. Let's hope they can keep this momentum.

[yourwrong] 27/9/2017 12:51

..... The Company has started preparation for ore cutting in the upper part of the interval between the 150 m and 100 m levels, which should facilitate access to higher grade ore, and thus expects to gradually increase gold production from Q3 onwards.

[happyholder123] 09/9/2017 10:32

HNR -
TWO wells successfully drilled with abundant oil and gas in samples extracted!
Fracking and FIRST OIL next month!
Don't miss this train!

[ileeman] 04/9/2017 08:44

Pumping out $10million+ profits, cash building, half year report due.

This is probably the only gold/silver producer I can find that has not moved with gold/silver price over last few months.

[robward] 29/6/2017 13:06

I spoke to the FD a few weeks ago and he confirmed Results out before the end of June, so i guess the adjournment of the AGM until tomorrow is to coincide with the Results.

[andrewsr] 29/6/2017 10:39

AGM and no results? Isn't tomorrow the last day without breaking reporting rules (not sure)?

[ali g2] 29/6/2017 10:14

Hopefully good AGM today?

[robward] 20/6/2017 07:56

After todays debt re-financing, I'm even more hopeful !

[robward] 01/6/2017 09:20

Results due soon and I'm optimistically hoping for another 5c divi....time will tell

[ali g2] 24/4/2017 17:38

Good recovery - may be still to explode!

[diva109] 21/4/2017 14:21

Not yet then