Wow thats some decline progress. Over 10metres per day since last update. Flying along now. Nice e xtensions in the drill reports too. Our day in the sun is not far away.
I thought the previous CEO was bad but Phil Day started off promising but there are always delays with SGZ. The current high gold price should help. Non dilutive funding with prepaid gold could be an option. At 24k oz per year the financials look great but the goalposts keep moving towards the horizon.
I think it would good to know the Kili production to achieve break even as it stands. This would give shareholders some reassurance if it is say 1000oz a month that should be easily achievable.
Great posts AP. With the macro status around gold I am still positive that we will get non dilutive funding but RM has now got to get all the skeletons out of the cupboard and front up not bluster through interviews. For starters has anyone seen the AGM notice as I cant find it on the website. A 5% smelter royalty over the 10 year life of mine is over $22 million. I would accept a JV on Tanzania and replace the reduced resource with VR to add 50%+ to life of mine by end of 2023. Baby steps Gcat has tried to grow too quickly.
Barraband. Your rhyme summed it up perfectly. Lets hope for a positive start to the year for Gcat. The overnight gold price should give us a nice lift.
Wow. Thats got to be worth 1p on our share price tomorrow, after Biswas game playing over last 18 months. Hopefully a more respectful business relationship going forward.
RE: 1p warrants expiring 31st December17 Dec 2022 07:59
Thanks Trek. That was my understanding. Couldnt see that they had been issued in the interim. I think it will send out a positive message if issued as a lot of them will be with management .
1p warrants expiring 31st December16 Dec 2022 14:05
Serious question to the knowledgeable. When I looked at the last set of accounts there were 150 millon share warrants due to expire on 31st December 2022. Are these still in play?
Totally agree Laura. Lets stick to the facts. Physiomics is busy on a whole host of projects and news is due on the NHS trial shortly. Lets hope Monday continues to show a steady rise as it hits more investors radar. We know that shares are pretty scarce and the sp can move spectacularly both ways.
Just another shoutout for Bhargav and all the insights he has given to us minor shareholders trying to find the next GGP. I listened to the investor meeting and after all the negativity on friday was reassured that we will make progress in 2023 all be it maybe slow initially until phase 2 is ironed out. Brad and Louie were saying the right things about playing hardball with Agnico lets hope it pays off.