Member Info for booboouberbear

Shares taking them up to just shy of 30% (but under Rule 9, the BoD can relax that if you swap assets owed for shares).

14% new Ounces taking them up to 2,550 Troy Ounces owed.

Combination of both, above.

New investors coming into help GRL wipe out the AIMS liability (that needs an GM and voted on), a

Posting here, the last few days.

H1 2025 Results in 14 days, it will show IMHO...

Approximately 2600 Dore Ounces Poured / 2050 Troy Ounces Poured for H1 2025, using a Conservative $2,000 an Ounce AICs (which incorporate AISCs) that's a $1,000+ clear margin on 2050 Troy Ounces. Looking at a very profitable miner on challenging operational numbers. Mine and Group will be profitable.

Building on better grades going into late 2025 and expansion in 2026.

Once the loans gets rolled over in the new year (and it will for the requiste 14% and a few additional shates for AIMS, because even a child knows the easiest way for AIMS to make their money back / a serious return is for this to stay listed and out of court) this multibaggs IMHO.

Cue crackpot City response.

Lol

10*

Goldgezzer knows 19 bags when he sees them to be fair.

Told everyone to see SRB and then it 10 bagged. He's the Jim Cramer of LSE. I Inverse everything Goldgeezer does.

Maybe...

This company has bluffed their way through 5 or 7 years, on a shoe string. The odd thing is they are probably in the best position they have ever been in on Mine and Group performance. The issue is the debt they've accumulated to get there.

AIMS, now they are in charge may have other ideas, the Group wanted permission to issue 50% of new shares at the AGM (voted down) for what reason?

Could be a wholesale restructure, new capital, wipe our all / majority of the debt, expand CAPEX to grow the Mine quicker? I don't know, but AIMS won't let this go listless for the next 2 years will they?

All to play for here for me, but I love swashbuckling potential multi baggers and I can stick with it.

Chairman is AIMS;

22% Major Shareholder is AIMS;

Debt is AIMS;

Mine is secured loan to AIMS.

Look, I'm old and ugly enough to understand they'll take their pound of flesh, but the debt will get rolled over. As the poster states below, 200 ounces isn't alot per month if they can sort out their operations.

The half yearly report (IMHO) will show Mine and Group in profit, the issue is the Debt. AIMS have stood by the debt for 5 years, and it'll be 6 years.

The question really is, can they actually sort out the operations of the Mine by end of 2026 to swallow the debt up and make the Group debt free and very profitable by the end of 2026?

Blimey, it's gone up $1.1m in 56 minutes!

The debt is costed in ounces of gold, not dollars. Unless renegotiated otherwise at years end.

The 6 Month Report out by 30 September this month will be important to show how the Mine / Group is operating. I expect to see a material improvement in both, and expect both are turning an 'operational' profit and are cashflow positive, once you exclude the debt. We know the debt will need Serviced at year end, that may take various forms.

What's the views on the leaching circuit?

Do we think that they can only recover the expected gold based on additional leaching pads being built?

Possibly it's an oxygenation issue with the ores not leaching as expected with previous stacking schedules therefore they have to be leached using a great area for the same volumes?

Possibly they are stacking lower amounts of Ore until the additional pads are constructed which is with the All In Costs are still decent?

It will be interesting to see the next pour and if there is a similar improvement in production or its static? That would inform us of the above questions.

If the SP continues to improve ill take that as news of the operations improving and leaking out. It's a micro cap, and it's AIM, if things are improving in the background, so will the SP, that's just the game.

AIMS will extend the loan at years end for additional Ounces and or Shares, as long as it sees a return, because the other option is a delisting, and a court case for millions for the assets, business people take the easier option, I realise that doesn't fit some paranoid views here, but that's the reality.

1.4p share offer in April with Gold at $3k per ounce? Okay, we have no idea 8f it was serious or not.

But what price now with Gold at $3.5k?

Who knows. But this could easily be thrown to the wolves for $30m for a takeover. Inflation adjusted they've probably spent that on CAPEX on the mine, get it profitable add the JORC?

Who knows, but a few ways this could go.

Rule 9 (i.e. the mandatory 30% threshold for a takeover offer) can be relaxed by the BoD when swapping assets for equity. Happened on AIM Small Caps before.

one day we will find out from the horses mouth what's happened here the last 10 months. is it an operational **** up? i believe so, and i think its going to cost them / us 12 month worth of operational performance and delays, and that means more 'interest for aims, and less for us.

i don't have am issue with that btw. i've had miners meet 'on the ground' issues before and overcome them. the issue is the lamentable communications and 'head in sand' leadership.

we also have the share issue / restructure to contend with, they wanted authorisation to issue 50% more shares for a reason, they also have to get over the uncle bill objections, which they will.

it's going to take 12 to 18 months imho to get rid of the aims debt imo.

but all that aside, i'm still insanely bullish here, it's dirt cheap for an expanding producer with the infrastructure already on the ground and producing it just needs to 'catch' a fair wind and start delivering ever improving numbers.

Https://www.goldstoneresources.com/presentations/

The presentation, which says 'June 2025' but wasn't loaded onto the website until only a week ago? Is a robust peice of work. Most detailed thing this company has ever produced. Worth a look.

'... expected to maintain the Company's production profile through the remaining months of 2025.'

It's opened to interpretation what that means, it could mean maintain those exact numbers for 2025. It could mean that the production could increase month on month like it did last month. She's not a good communicator, written or verbal.

The 6 month report is at end of September, this will show an improvement over last year.

The debt IMO will be rolled over for another 20% of additional gold ounces come December.

As the presentation says, a company weighed down by its history.

No need to be sharp. Let's just cut the conversation there.

Have a great day all.

'Blind faith' or understanding that mining 8s complicated?

Back to my ramblings if 25/08...

"My view is it takes at least 90 days from stacking to seeing any kind of return, that would be circa mid-September. So, my view is we see an improving next pour (maybe this week for the last 6 or 7 weeks or so since the July pour?) and a vastly improved pour after this as the 90 days leaching rates takes hold."

Seems to be playing out. We should get a pour early October with vastly improved ounces produced.

Last pour circa 213 troy ounces, this pour circa 280 troy ounces based on recent dore to troy gold conversion here. That's €1m+ in revenues and still have the capital to expand operations.

That's a 31% improvement, the next pour will be better again IMHO.

Seems good for a £3m MCAP no? Okay, the debt is the known unknown, but that'll get rolled over again at new year IMHO.

It's cheap IMHO.

Yes, just imagine if they can actually put out a positive and cogent update.

Not often touched in here, but the silver production byproduct is getting much more valuable.