Member Info for AG1989

Gold looking good. Made up to have got some at 1.05p. May get another chance but who knows

Forget what DL said. He’s been pumping and dumping for years. Concentrate and what they have.

This will not be an overnight process, but it certainly has substance now. Let the merit of the project do the talking, and not somebodies tweets. Been there a thousand times, bought the t shirt and got the tattoo.

Results will ultimately do the talking and long term define the NZ. Hit it with another campaign and keep the momentum building. Brilliant start to the year ahead of the Jundee East drilling commencing.

The small twitter group i made recently has gone from 6 members to 13 members in the space of 2 days, and growing. Great to see the company get some well deserved credit

The beauty of today, it'll have certainly peaked the interest of a number of shareholders waiting on the sidelines, right before the Operational update comes out, and once it does and the company demonstrates the growth and progress made in 4 months, i can see a flurry of "new money" jump in

That's why i was so calm at buying this down at 1.05p recently, class will shine through

Whispers on Twitter that the Operational update is very close - from the BOD

Interesting Zak's top 20 stocks for 2022 and Cora doesn't get a look in

Not even trying to sell. Should be levels above here.

https://www.bullionvault.com/gold-price/live-gold-price

1829. Looking very good recently. More profit for the company.

“ During this phase of major capital investment by the Company, total costs are not considered representative of the budgeted ongoing costs of the operations, which are expected to be more representative at the end of Q4.”

A significant paragraph IMO from the last operational update

With total costs at $1694, set to reduce, potentially by some distance with conversation to Grid Power, and less upfront costs for machine and equipment upgrades. I can see this number coming down conservatively to $1,500, potentially a lot more.

Based on $1500 and today’s POG of $1820, for a 1000 oz month in December, it gives

Monthly revenue = $1,820,000 and a monthly profit margin of $320,000

Back of the hand, cigarette packet calculations but these rates will grow tremendously IMO over the course of 2022. And when you factor the yearly figures based on that data, against a £17m market cap, it leaves me with a big smile on my face.

Let’s hope when the updates are available from January onwards and the company are trying to drive information to its shareholders, it’s more appreciative.

Tweeting WILL NOT, change the situation on the ground, the company know what they’re doing and I’m anticipating great things going on behind the scenes. But it will certainly help with sentiment and give investors encouragement of the ongoing activities, so we don’t have to wait from RNS to RNS. I pray we see that old company shining again on social media in 2022

M_Night - Great summary

Saw your post on the WSBN board - and can't agree more. "potential" is "potential", and best of luck to all of their holders and campaigns at Red Setter. But I'm slowly transitioning my portfolio from the ones that live in Hope of a discovery hole, and those actually producing the goods. ie, hitting good grades, formulating resources and Producing Gold. £17m MCAP seems crazy low for a company with its current fundamentals but its given me a brilliant opportunity to align my average as close down to 1p as possible. Bring on 2022

I've not seen it mate, but numerous times on here I've replied and for some reason, it doesn't show for like 20-30 minutes

Will keep an eye out

Appreciated

mickey - Genuine question, what benefits will the Nairobi listing give for GCAT? Just further exposure throughout Kenya?

I remember Jason mentioning it will be the first mining/exploration company listed on that exchange

predator - I believe the TG group sent a message to the company with concerns with the Twitter usage with it being a little OTT

I’ve had my say on this and reallly appreciated the time and effort the company gave to give us an insight into operations. A far better read than any kind of radio silence we’re getting more regularly now, but each to their own

But yeah, fundamentally the results will do the talking here and between trench sampling, drilling assays, Tanzanian news and operational updates, there’s plenty to look forward to and that isn’t a throw away statement. Actions speak louder than words and with 400 employees to look after, I have every belief the Xmas period has been extremely busy for the company.

It is what it is I guess, Which in itself is an extremely null sentence, but I’ve learnt to accept it. I get the feeling a lot are waiting to see the operational updates, have the upgrades made to the equipment, really made that much improvement?

I’m expecting good things and believe the recent acquisitions still have a huge part to play in terms of share price climb, they’ll just have to wait their turn. We have the ounces, we have the deposits, we have the drills and a means of producing the material into Gold. The company will have similar plans with Nyakafuru and I’m happy to wait as long as it takes for the re-rate to arrive.

Haha it wasn't me buy it's certainly back in the Top up zone

It's unfortunate really, there will be a lot of hard work going on in the background in driving that DFS through but the market only want Results. Patience wins this one. A blockbuster year for the company in 2021 in delivering on their Goal. A 200% increase in Resource with 6 months of drilling is spectacular. Happy to wait this out long term, and with the DFS combined with further exploration, there is plenty of value to be had here. Hope everyone had an enjoyable XMAS and lets hope 2022 is the year for Cora

Desperately need that fuse

It could come from a number of angles, lets hope the market take well to it.

Month on month production/Gold sale Improvements from 569 oz's would be the perfect start and huge reassurance for the market

Gold looking good above above $1800.

Had a poster message me on Twitter. They’ve been in touch with Robbie who quoted the following

“I assure you the team are on the ground here in Kenya are working around the clock to produce the 1000 oz as committed to for Dec”

Good to know that works ongoing day and night at Kilimapesa from the company to meet ongoing goals. I really can’t wait for the first couple of months here.

Hope you all enjoyed Xmas and doddy is well on the mend and out of hospital soon

Oh dear