Member Info for chique

GGG said in 2 pages what I did in a few words - wait for more clarity :-)

" What is the selling price and margins on the 25kg bags "

We have the same question here but I have also asked for % of resale sales

many investors are attracted to the prospect of dividends - what is your dividend policy and at what profit level do you envisage paying a dividend.

At what level of sales will you seek to increase current capacity - what will this capacity increase be to , and how much will this increase cost

I was trying to add to my holdings this morning but not even getting limit orders filled ended up doing 3 x 5000 with the associated dealing costs , and then it went up

What is current price per ton we are selling in BRL / what price rises are expected and when
Can we have the current cost per ton in BRL
What is the forecast cost price over 100k , 200k , 300k , 400k tons per annum in BRL
Can we have % sold via resalers and margin being achieved
are we still on track for 150k or will we likely be over or under this figure and by how much
Last year operating overheads were over 3 million - what is the expected level for y/e 22
Can you explain how 40k tons per year is breakeven

I think today this either has to break above the starting price or drift in the absence of news for some time ( no mans land as we used to call it )

I agree ColonelDrake

I had considered this update as a buy in point but will wait - I would rather pay more later , if that's the case , when things are clearer

It is not a ramp to forecast 150k sales - this is management information , potential cost of 7.50 on 450 is management information as is cost reduction with volume - perhaps you should read the existing management information. If you could refer to a pie in the sky forecast that does not include management figures already released. 55k to 150k you would have called pie in the sky , 85k to 150k you 'may' call pie in the sky

https://www.orkney.com/life/energy/oil-gas

This was my reason for investing in a low AISC gold miner

In December when we had the announcement re: inflation , one analyst said it will go to 1830 ish then drop back on fed action

This has happened , he also said gold would then fall back quite a bit as the fed responded more aggressively -

So quite a few different opinions out there

I sold out of this at 21.5 , at the time gold was around 1850

This was before the recent RNs's

Prior to the October gold rally this was sitting at around 15p

https://mcusercontent.com/d9ebd7c1aa0f3dbc5fab42eca/files/4c7aef60-07b3-5b7a-91a7-198b6d0d0376/MidatechPharmaplc__17_January_2022__FINAL_BG.pdf

MrTibbles

Thank you for your valued input ( it is somewhat beyond my pay grade )

I have sent your comments to the CEO of Thor and asked for comment ( within public domain data / RNS issued to date)

"They now have their own laboratory in Segilola , Nigeria , so testing (for life of mine extension )
and focused drilling is proceeding at pace."

The company did not draw down the full loan that was available but really from now on net debt will be reducing by approximately 5 million per month , which gives them enough generated cash to be in a net cash situation in just over 1 year.

Senegal is exploration early stage

Segilola in Nigeria is now producing at maximum capacity albeit not at the targeted 97% but approx 93%

They produced 6000 oz in December but are now moving on to a higher grade ore.

Guidance is for y/e 22 80,000 to 100,000 oz with first year AISC of 980

With a gold price of say 1750 this should generate cash for year ending 22 of approximately 69 million

They now have their own laboratory in Segilola , so testing and focused drilling is proceeding at pace.

Lots of small quantities of shares - possibly people who are here to go a lot higher which is good , looks like the quick profit traders left just as we hit the early 80's

hopefully 1780 will hold - I have another goldie so even though not in here would like gold to stay around this level

no sh** sherlock