Member Info for 1nvest

Would have loved to bought more here yesterday but already over committed here. I'm down around 40% in my ISA and around 60% in my SIPP but still think this coukd be winner in 3-5 years..See real SP growth if they hit numbers forcasted with current gold prices.

Maybe someone will realise one day its for rhe licence next door. We live in eternal hope 😂

Think this will take a few months to feed through. Firstly deal has to complete

Thats ok then buy a mine which is a lot further down the line and pay a lot more money for it. Will reduce dividend payouts which will alienate another group of investors. Potential SP will also be lower as will need to service debt to purchase. Who know what grade reserves there will be.

I think company has looked at its risk profile and steered a prudent path for long term success rather than chasing that ellusive pot of gold at the end of the rainbow.

Which mine, company would you have gone for?

Obviously know very little about CAML and current production. SP is undervalued considering current production. The only thing holding up CAML was long term production after kazakstan. This deal sorts this out and its a win win position for both companies in respect to synergies as well resources to progress to production hence the acquisition.

Theres also lots of potential for further exploration as highlighted in the presentation.

This has turned into a nice share for growth as well as dividends which the company is looking to maintain

Brilliant update solving one of the big issues around reserves.

Recent IIs further investnent supports longer term growth side in view of market expectation.

Looking forward to presentation at 12.30.

Oh, there's a lot to complain about here. Today's update once again demonstrates that they are not stacking enough and gold production was only another 100 ounces from what was reported from January. We are now in the rainy season. Probably just about breaking even?

On the plus side they have money in the bank.

Need to get on with mobilising exploratory drilling. Will they still hit numbers projected?

I'm still optimistic if they are able to generate free cash flow at these low levels there could be future. It's a high risk reward play

I see this as long term project for Emma. This year is all about consolidation and getting the exploratory drilling done. The results of which should hopefully available in August and will hopefully will confirm an expansion of reserves and more importantly open at depth. This could be the first step in transforming Grl shareholders fortunes. Especially if the company can develop the assets via the cash generated from mining.

It's good to see the exploration work drilling programme in Kazakhstan. The company may not need to purchase another mine if they can locate and develop their own concession. Additional licences also being sought.

Q1 Productiin results otherwise in line with budgets which is a good result considering cold spell in Kazakhstan.

Can be April - November. Normally April - June and then September - November. Just a month or so...

The problem is we just haven't had a decent update in years. It's all expected hope with below par delivery. At least they have set realistic targets for production this year. We just neec confirmation that production and leaching is going to plan. We are about to hit rainy season so would be nice to know leach pad 6 has been commissioned so numbers can be maintained or not dramatically reduced.

Has exploratory drilling contractors been appointed and timescales for results

SP went to 0.9p around 4pm and .99 at 4.30pm but there were still buys going through at 0.8p even after 4pm depending on the market maker

They all look to be traded within the price range of trades at the time when I checked.

Have I actually timed my small purchase well this morning. A small try at averaging down at what I ridiculous prices considering raise at 1p.

Lets see if this is a blip or start of rerate following production confirmation?

Totally agree. It's all about the results. There need to be really good months to offset the rainy months when production can fall away as seen at end of last year. Weather looks to be OK so far

The Company should be a lot further ahead than it is. Prior year expectations were unrealistic but saying that it has a future:

- It's pushed back it's gold loan repayment to end of year

- bases on last year results a realistic target set for 2026

- building further with Pad 6 it's largest one to date building in resilience into working model

- has managed to pay it's own way over past two years without further raises for day to day costs

- equity raise for exploration drilling to hopefully confirm increased reserves

There's negativity for sure around current and past management have run company but there's genuine positive outlook if company can mine gold as forecasted with current price of gold

BritishPeculeum, I think your probably right. I'm not invested but have this on my watch list. Until the financial position becomes clearer it's probably not one for me.

Only investing small amounts in AIM companies due to the governance currently in place for many companies and lack of transparency. Too many have burnt investors including myself in the past.

GL to holders hope this comes good for you.

If they don't convert then position is even more dire than currently thought. Limited funds available and as pointed out further payments may need to be made to Riverfort to settle financial obligations so can understand drop in SP.

I'd expect Indigo Capital LP to take advantage of coverting some of the loan in next 5 days provided they see any value in the Company going forward. They will able to covert at a 20% discount so can't see many buying back in, especially with the internal investigation ongoing.

Could be some further volatility until full details known.

I'd rather go with 80% based on production figures from last year and what was reported. Your expectations were too great for last year but considered considering comms from Goldstone last year. The projected targets are more realistic and price of gold definitely assists.