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Can't believe how this SP has performed, had high hopes for this, still through my own stupidity never got out when I should have. Too low now, might as well hold and hope for a miracle.
Good luck all
Just for you, Wullie:
https://www.youtube.com/watch?v=aOl4oeHZnBk
Me too. Thought the story had promise mining high grade gold in Scotland but seems we just got mined for our money. Can’t win them all. Not enough value left now to be worth the effort of trying to sell the holding.
What was the conclusion regarding the posts about ounces and grams?
Things are looking good and we’re getting a fair price or the opposite? I couldn’t follow… too many variables \ equations calculating different things.
Maybe the 600,000+ sale a couple of weeks ago was tb.
Zero credibility here, a’mine, in the village. Can’t think he’s that popular in his own household just at the moment either.
No sympathy as he came on here looking for trouble a few weeks ago.
Looks like he found it.
''No sympathy as he came on here looking for trouble a few weeks ago. '' ahem, you mean 10+ years ago.
'10+ years ago'
A bit like the old chap with whom he battled and both still hanging about it seems.
Baz, keep 'em right with the sums. Well done!
GLA, R.
Cheers RH.As for Beni, got slowed down a wee bit due to moving house but back up to speed.1 week at the end of Aug,16 days in Oct,and 10 days early in Dec. I think I like the place.
Had tb sold out as he knows what’s coming?
''Had tb sold out as he knows what’s coming?'' Well he had a lot to sell, the 600 000 sold the other week would be a fraction of what he had.
Maybe legal issues have caught up with him. Who knows.
It seems like a sinking ship at the moment. Will a mining review be sufficient to save it? Or is a wholesale business review required?
I don’t think the silence from tb, the lack of clarity over who is conducting the review and what the potential outcomes are, is leading to a lot of uncertainty when it was already cloudy times beforehand
Getting it in now. 100 shares for 1 coming soon to get the price off the bottom. New mining plan. Reduced team size. Executive changes if anyone is daft enough to get on board perhaps. New funding required for this new start?
100 for 1?hmm. They done it before so 10 thousand shares bought ten years ago would be 1 at £1.20p
'I think I like the place.'
Baz, You love it! Another lemon on the express! Ha, ha! Hope you had a good move.
'New funding required for this new start?'
Andrew, that review sounds like due diligence, but for whom and why?
GLA, R.
Rockhead,
If it is indeed a form of due diligence, it has to be reported to shareholders I believe. Which it hasn't. Perhaps why it's dressed as something else? Who knows. With the lack of communication from the company, we are left to only speculate.
If it was due diligence in advance of a "takeover", I see it more likely that it would enter administration to hive off the bad debts and take the assets. Is that why we've been spending money on machinery we don't have the money or need for? Anyones guess
Meant to add.. Has tb sold out to invest in the "newco". Is that why he's quiet? Maybe hoovers broke, maybe barlinnie doesn't allow the internet. Maybe TB is now TG and identifies as a girl to get the equality count up on the board. Could be any variant in-between.
It did cross my mind that hush101 showed remarkable insight into concentrate, flotation, dore, sulphides, free gold, the grades and so on for that to be the only post he’s ever made anywhere.
The name as well……
Also wonder how the cash position is doing. Reviews can't be cheap. Especially if they have few indemnities attached.
Will the review reveal fundamental flaws? Ahem.
'we are left to only speculate.'
Andrew, your forte!
'machinery we don't have the money or need for?'
The money is arguable, but if we are to maintain P1 and progress to P2, another drill will be essential to maintain the necessary development headings, stope preparation and operation that I previously posted about.
HAGWE, R.
What’s going to fund phase 2? Where specifically is the money for that going to come from?
Rockhead, if you’re more reliably informed please elaborate. Or is your forte picking holes in others assertions.
BP, “if” there is a phase 2.
It could be phase “administration” if the review reports things that can’t be overcome in a cost efficient timely manner
'Rockhead, if you’re more reliably informed please elaborate.'
Just IMO, been here a very long time and read everything since 2009.
'Or is your forte picking holes in others assertions.'
Only if you make it easy! Just a wee dig, ha, ha!
Regards, Mr. Tickle
“Mr tickle” sounds as bad as mr glitter or mr saville. Just a dig
So unfounded, just like the rest of us then rockhead. Don’t hide behind too many elaborate sentences now.
Unfortunately you may realise, with almost zero effective communication strategy from sgz, everyone is left to speculate. If they want to change this, they can communicate. The reason they don’t you might ask? Well, because they don’t want us to know the show