Member Info for 1nvest

I actually believe BoD are not bothered about the SP. They should be generating free cash flow to continue expansion as they haven't come back to market to raise. There's only a small PI market here as shown by the trades on a daily basis. There's definitely a seller in the back ground as there are sells which are constantly popping up around the 500,000 mark over past few weeks.

Think BoD are busy just expanding the service and will report back once they have there first lift out of Pit 1. From memory it takes around 65 days (could be wrong) from mining and heap leach process.

It's just a question of whether you believe in BoD and when they can deliver results expected.

ASI, sorry to hear about your mother. Vast are in a much better place following return of diamonds. The value will come out on the weeks and months ahead depending on how they are sold.

We can at last look beyond the debt and the exciting projects which Vast is a participating in and hopefully a long term investment. Makes a change for an AIM company especially for one which was in Vasts position.

I reiterate, '

Thereafter, the Company and RBZ will put in place logistics for the removal of the parcel attached by the Deputy Sheriff under the writ of execution.'

I would suggest already done and moving on to valuation and sale. Only had to put in place mechanism for valuation not an actual sum.

Sandy we've all been following Vast for a long time, as we've discussed previously. View points have changed on Vast whether for or against and sometimes just dependent on an individuals investment strategy. It'd a BB and don't take anyone seriously.

Hope your well.

Thankfully Vast have already addressed this, 'Upon attendance at the RBZ, and in consultation with the bank’s internal legal counsel, the Deputy Sheriff agreed that the RBZ would confirm, in writing, the process that would define the procedure for the orderly and secure hand over the parcel to the Company, which includes the procedure for valuation for royalty purposes, export permits and Kimberly Process Certification.

Thereafter, the Company and RBZ will put in place logistics for the removal of the parcel attached by the Deputy Sheriff under the writ of execution.'

Boldicus, it's really just a wait and see position on this. The markets not stupid so if Goldstone decide to do this then it wouldn't look great. Hoping they release update in a timely manner to maintain confidence. They have been good to date but expect it depends on when next gold pour is due and will be based on how much gold has been leached from pads. Considering they were finishing in pit 2 with lower grades this could lead to delays. This shouldn't be mistaken with increased pour if shown.

It was good of the BoD to respond quickly to rumours following recent updates from the government of Ghana. Stopped any negative comments quickly and shows their support to shareholders. See so many AIM companies taking their shareholders forgranted so fills me with more confidence going forward.

As expected short blip hopefully no one got caught out and should hopefully help

Provided GRL falls under a large miner should actually help. This will potentially limit illegal mining and lead to higher gold prices locally and potentially globally in view of the size of the market.

Kingfisher good luck. We believe GRL can kick on with some significant increases in ore grade as well mined ore per day. The ore deposits are open at depth so it's guess work but looking at nearby mine(s) there's a significant chance grades could increase and with a floatation plant costs reduced the AISC should be a lot lower compared to similar mines set up 10 plus years ago.

In current world events a good mine to be invested in based upon CEO updates.

The mining side is improving day on day and for those invested can see the bigger picture as well as those watching. Others will just look at comms and see GRL hasn't hit projected targets once again. It will get there but will take longer than expected. Thankfully POG is a lot higher and therefore should be cash generative to continue development to reduce costs.

More likely end of the month in view of last gold pour. Not expecting anything great buy hoping we will have confirmation mining pit 1 and should see results in June.

I think that's the issue. Investors are weary and Emma stated we would hit 1000 ounces by end of January and then it looked like by end of quarter 1. It hasn't been hit and therefore SP has drifted.

The signs are good and if company can follow through and confirm 1000 ounces per month then Goldstone has a bright future ahead.

If it get real bad could see prices over $4,000 an ounce!

Well gold should hold up well this year. Of course with world politics and trade wars who knows!

https://www.investing.com/news/commodities-news/goldman-sachs-boosts-its-end2025-gold-price-outlook-3950972

Worse case scenerio, so they convert the remaining debt owed to equity in company at nominal value. OK what's the issue, the Company can only do so at nominal value which is roughly where we are now. Yes our returns will be lower but there's not much downside if your buying at these prices and plenty of upside. OK we don't see 8-10p but still multiples of current SP. I'll take that thank you very much.

Yes still potential gold price drops and they call in the debt. OK fair enough I move onto the next share, we hopefully all know the risk in investing in AIM company's. At least it looks like company is able to mine enough to pay day to day costs as well as potentially expand operations.

Lol, some of the discussions here are ridiculous. GRL was fighting for it's survival just months ago and it was more likely to go into administration than survive. It came through that period. It still has the debt which needs to be paid back and better a 5% dilution than stopping the development work which is being undertaking to secure long term future of company.

The share price is around nominal value any way. It's priced to go bust but based on current gold price and ramping up of production we all hope that we know where SP will be in a years time.

If you don't like the Fundamentals including the debt move on. If you bought in expecting a quick buck today then you haven't done your research. Yes it could go up but equally it could go down as well.

I know I'm a lot more confident in Grl future than I was a year ago.

I was actually expected a slight decline in numbers so pleasantly surprised with improvement in production numbers.

Looks like push back on mining pit 1 so expecting to hit 1000 ounces towards end of Q2 now. A lot better than expected considering past history.

Nice to see updates continuing.

Typical I topped up at one of the higher prices today. Nearly 4% difference. Hopefully not a big difference if they hit production numbers expected! It's now a waiting game. I think short term it should be all good with current gold price.

Very much interested in medium term objectives now and how they use current cash flow to build for future growth and sustainability.

It came across that she knows here figures so can only assume the equivalent ounces is in respect to Dore stated last month.