Trans-siberian Gold Share Discussion Threads

[jeanesy] 25/4/2020 20:01

I wonder what shareprophets will make of the results update . There target was 90p if i remember rightly ?

[megordon] 23/4/2020 17:24

Took out a few stops in the morning then panicked a few into selling. Should be a better day tomorrow.

[book5] 23/4/2020 12:05

However sold after rns will not be happy

[klosters65] 23/4/2020 12:02

Agreed. It was just the monotony that got to me.

[casual47] 23/4/2020 11:59

The reserve reduction is what caused it to lose more than half of its value so it is still relevant.

The gold price is providing good cover for this but the fundamentals still matter.

[klosters65] 23/4/2020 11:50

Every time you post, you refer to the LOM over estimation. The company admitted the error. It's time to move on. Take a new look at the company's progress.

[jeanesy] 23/4/2020 11:37

The next update will be crucial to see how much gold has been found that will go towards replacing that 'lost' in the LOM overestimation.

[kickingking] 23/4/2020 10:12

If we mine 40k this year at average $1650 that makes it $66m. Remove expenses, that is still impressive for a company valued at about $76m. Hopefully will finish flat or up today.

[johny cash] 23/4/2020 10:05

Today's update not negative in my opinion.

[johny cash] 23/4/2020 10:02

Gold price up approximately 33% from this time last year.

[johny cash] 23/4/2020 10:00

Why do you think the share price is not down 42%?

[book5] 23/4/2020 09:11

Hopefully 120p year end

[sclper] 23/4/2020 09:04

Soon be back on track with East Zone where grade is 31g/t

[kickingking] 23/4/2020 08:36

Marked down too much for figures that were expected. 5g/t is way higher then most other companies. They blended in some lower grade that is why average is down. People do not read figures properly. Our grade is higher then HGM and if you look at AAZ who reported grade of just over 1g/t.

[book5] 23/4/2020 08:27

low grates were expected, and continue to announce same message for current vein.
So to fix only on this is short sight vision

[wimbled] 23/4/2020 08:20

41% drop in mining Au grading does not help..........

"Average gold grade of 5.2 g/t (Q1 2019: 8.8 g/t)"

[jeanesy] 23/4/2020 08:10

Lower grades as expected. Future promises to be better. Company needs to deliver on its promises as LOM debacle is still hanging over this to some extent.

[book5] 23/4/2020 08:08

Market doesnot like it that much
Reading the negatives which Mainly is we need to wait for likely good news in the future....
Gla

[sclper] 23/4/2020 07:54

"we are beginning to incur cost benefits driven by the lower oil prices as well as the connected devaluation of the local currency."
Looks like we could see a reduction in AISC!

[sclper] 23/4/2020 07:43

Yes, results as expected although revenue was higher due to the gold price strength.
We will see some excellent figures later this year as production moves to the East Zone which is very high grade, 31g/tonne I think without looking it up.
Also looking forward to the next set of drilling results as the company seems confident these will be good.

[book5] 23/4/2020 07:41

Around 1000 Oz gold no sold either
Logistic problems may preventing selling it?
Either that or waiting for price to move upwards
No delays in production due coronavirus
Positive enviroment

[kickingking] 23/4/2020 07:29

Results out today a week earlier then I expected. Still on target for 38-42k Oz for year. Down on last quarter and q1 19 as was expected. Gold grade still better then a lot of other gold companies at over 5g/t Still planning on 3m dividend for year, but no payment this quarter. Not sold any silver as probably holding back for better price. Let's see what market thinks. GLH

[kickingking] 22/4/2020 16:02

Price slowly moving back up to last week level. I think 1q trading update should be next week. From the recent presentation we should get good numbers and news on dividend and maybe even special divi. Hopefully all bad news is now behind us. GLH.

[redtrend] 15/4/2020 19:44

At over $1,700 gold price, I think they may surprise some here and include a special dividend on top of the usual dividend in 2020 too.

The usual dividend of circa $3m would still yield around 3.4% at current sp

[book5] 15/4/2020 19:24

still lower than 120 ;)