George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
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I'd take that as a good omen.
It looks like activity increasingly significantly - don't want to be ramper.
Enjoyed the webcast - I took a lot more positives than negatives especially considering the tough backdrop.
Definitely in a very good place to recover and that board have and continue to take, decisive steps.
Looks like a disco going on!
Looks like someone is seriously taking advantage of these rock bottom prices.
a little bit
He’s run off to Mali , he’s heard of this stuff called Lithium that’s going to replace petrol . Pick axe intow :-)
I was wondering the same thing. His insight/opinion is welcome.
Where are you my Son?
Could you write the RNS GFD , you make some good points my son.....
Not what I was hoping for tbh.......
They seem to be working for the banks, not the shareholders.
Looks like they need everything to go right just to survive.
What's everyone think....
Results tomorrow.
I dont expect them to be great. I am expecting the turnover of less than 110 Million.
DONT BE DISPONDANT.
Workload is increasing, the order book is increasing (by nearly double) and the debt is coming down (I imagine to around 370 Million).
https://www.4coffshore.com/windfarms/gms-endeavour-berths-in-blyth-nid7036.html
http://www.geothermltd.co.uk/blog/geo-therm-ltd-bags-gms-endeavour-irt-survey-hornsea-wind-farm-construction/
https://events.newenergyupdate.com/offshore-wind/conference-attendees.php
https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=4&cad=rja&uact=8&ved=2ahUKEwilhbKw3ZjhAhXxUBUIHWGUBuUQFjADegQIBRAC&url=https%3A%2F%2Fwww.thecrownestate.co.uk%2Fmedia%2F2860%2Fguide-to-offshore-wind-farm-2019.pdf&usg=AOvVaw1c5LQo26jWIB0Xt1yOBSVU
Also read of vacancies in Singapore?
https://renews.biz/111579/gms-lends-hand-offshore
https://www.offshore-technology.com/news/newsabs-approves-gms-cantilever-system-for-sesv-5934655/
https://www.offshore-mag.com/articles/print/volume-78/issue-3/production-options/cantilever-extends-workover-reach-for-gms-jackup-barges.html
https://www.osbit.com/osbit-delivers-industry-first-jack-up-vessel-boat-landing-system-for-gms-endeavour/
https://renews.biz/46526/gms-lends-hand-offshore/
https://www.4coffshore.com/windfarms/gms-pocket-rov-nid1770.html
https://www.4coffshore.com/windfarms/gms-endeavour-berths-in-blyth-nid7036.html
Pretty sure it was an all blue day FRI. Double checking the price.
Around 60k gone on.
As usual mid prices getting confused. showing as sells.
FY results not far away,
Loan re-negotiations,
Chairman Replacement.
Other BoD (CFO) to follow.
Increased Workload
DYOR.
https://www.utilities-me.com/power/11904-industry-trends-offshore-wind-in-the-fast-lane
http://newenergyupdate.com/wind-energy-update/middle-east-and-north-africa-wind-capacity-forecast-hit-23-gw-2027
https://www.windpowermonthly.com/search/articles?KeyWords=middle%20east&HeadlinesOnly=false&SortOrder=1&Date=2019
WAS 58% NOW 72% Cant make a profit if there isn't any work!
Looks like there will be more to come.
https://www.windpowerengineering.com/business-news-projects/middle-east-to-add-12-gw-of-wind-capacity-over-the-next-10-years/
https://www.thenational.ae/world/europe/uae-backs-breakthrough-in-offshore-wind-energy-tech-1.744957
Good weekend too you Sbb. I have you and Btfath on my favourites list. I got a new hedgecutter so i am attempting to do my wife's bikini line this weekend. Wish me luck.
Take care all.
15p
Price extension twice. Not sure if stock closed at 14.05p
I wont mention Seafox after this, as you said we need to move on from them, other than as I tried to find out more about ownership I read a lot of things peripheral to it.
I am not sure if Seafox couldn't add to its workload (or buy it back if work picks up?).
I read somewhere they only sold a controlling interest (they still own a substantial part of it) and what contractual conditions are put on that sale only they know.
Financially a takeover looks unlikely from that quarter that's true.
At wanting to buy 25% at 18pps they managed just under 14% when they stopped.
So yes it would be costly.it certainly wouldn't come at 18pps But the 14% did come cheap.
I didn't find that much on Seafox ownership (my fault probably) so I couldn't tell how much backing there is .
But with Seafox 5 it would not surprise me if industry workload increases and Seafox gets the opportunity, they have some sort of clause in there to buy it back.
You never know they might use the profit off of GMS increasing to do it!
I agree,
I they did pull the recovery back down. I have never seen an offer of a lower value than its trading PRICE before.
Quite remarkable!!
Am I right that Seafox isn't a listed company?
Its a private LTD company?
looks like the site is picking up buys as sell.
37k in buys today.
dont be fooled.......