Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Overall pretty good rns. Cash generative on 2000 oz for the quarter. Majority of upgrades completed and hopefully should hit 4000oz for Q4. I guess Phil will have mixed emotions as rhe sales target for Q3 is the first one he has missed but he has achieved so much more with the production improvements he has put in place. This company now looks like it will be a cash cow for the next decade, just need gold price to play ball and find another Coronish in next couple of years.
Chicken. I'm in Orosur too but the figures here have mindblowing potential over the next 5 years. Starting to grow to Carl Esprey and his strategy, hopefully they can deliver production in the timeframes disclosed.
This is the best junior explorer on aim with 2 of the top 3 gold producers pulling the strings. How can we be valued at £20 million when there is £4-£5 million in the bank by the end of this year and a resource that must be in the region of 1-2 million already. Absolute bonkers.
Good summary Agricore. This bod have clearly no regard for shareholders. 4 weeks since we found out about the problem with drill rigs in Tunisia where they are looking at adding 1500 barrels per day. Surely we should have heard something back by now at least with timescales. Romania has been a disaster with well depletion and 2 dusters. What is the COO being paid to do? JA asleep at the wheel or spending too much time in bunkers!
Great August with record production. Not out of the woods but a great first step and most importantly cash has been stable for nearly 2 months. Just perhaps this is going to be the turnaround play of the year.
When did an aim listed company/jv last drill a hole with a 150m intercept with 3g/t from surface, can't think of any. This makes this result pretty mouthwatering, with more assays to come in the next few weeks. Not including GGP because that was under 400m of cover.
Thanks Paddy. Hopefully the trolls will disappear back under the bridges and this bb can get back to being a proper discussion platform.
Wolfy. If this can't breach 20p on monumental news we might just as well pack up and go home. You maybe right and it will just show what a joke Aim is. I did enjoy the sub 2p rise from Greatland and see a similar story here in a slightly inferior jurisdiction. If we get good assays and confirmation of phase 2 20p should be in the distant rear view mirror.
Dont need a news leak. Its a dud. How much of available working capital been used on this?