Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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Gold over 2400$ as well
Looks like we are back on track.
Expect announcements today and coming days including:
- back full capacity at KOU
- access high grades and production at 2K oz a week
- RUS for Dubge including more resources, Gold price move from 1700 to 2200 and pre tax profit from 650M to 1.3-1.5B
- nice surprise would be a party like to acquire Dudge
Clear we should see 20P quickly
Well yes it looks good news, but before we get carried away let's remember the disagreement that stopped them working was about underperformance,let's hope they have resolved the issues that caused the underperformance and we see the consistent long term improvement. Otherwise we will be back to square one. Let's be optimistic for now though.
40% up across the pond
Up 45% over the pond
Well that’s pretty conclusive that Corica are coming back to work. Great news! Since the SP is currently priced as if the company is going bust then there is a lot of making up to do. I don’t think it’s out of the question for the share price to double in short order at the current gold price. Interesting day tomorrow for sure
That is a Monster Excavator.
https://www.linkedin.com/posts/mohamed-coumbassa-1267b068_back-to-site-coricagn-activity-7193192602958004224-QJyJ?utm_source=share&utm_medium=member_ios
Yup... This will fly tomorrow, big RNS to drop
Some more corica workers back on site too....with some big boys toys.
Some more blasting at Kor... So that's at least 2 blasts now since the Q1 update.
Momentum is picking up now for sure in spite of Corica.
Video on the other board.
Ty bushy
Seems positive - fingers crossed.
In the recent presentation, Dan was fairly confident of 'within 2 weeks' to pick up better numbers.
Was that because we are closer to high grade gold pockets, was it because Corica were close to resuming worth/fully replaced, or both??
I'm quietly confident. GLA
Apparently it's a safety briefing and I count 7 fleet and 2 different uniforms... Looks like Corica's original planned 5 fleets plus the 2 supporting fleets from ETASI.
News must be imminent, this is quite the leak if it's true
Guvvi...
Hopefully they are but surely we would have had an RNS about it?
I saw that on ADVFN but couldn't see the link again nor speak french!
Looks like Corica are possibly back to work
Don’t think so just folks realising that for the amount this is producing and may produce it’s just massively undervalued
Some news may be breaking. Hum may be about to rocket.
Hi Crossthetea,...s/p@60p that would be a Market Cap of £480m approx,...with where I'm expecting the price of Gold to rise to, I would be in no hurry to accept that price, even though with our HUM Gross Average s/p buying level being mid-teens, it would give us a very good profit in our ISA's.
BW
Desolate mining 900 AUD Mcap or circa 450 in real money.
300k unhedged and debt free. So on an equal basis of 150 million per 100m debt free production would put hum at 37.5p.. Maybe more if there's an argument for diversified production away from Mali.
RSG does look nice but their injury frequency rate is terrible, which increases the risk of death and or strikes. RSG volume is rarely thick enough for me to trade but with an uninterrupted 12-18 months I could see it nearer to 50p than 22p
Better name is "The incompetent irresolute". It is the opposite of Resolute Mining.
Part 2. Screw up through the rest of the year. Looking forward to hearing all the new year predictions, which will be exactly the same as last years.