Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The 5/5/2023 tweet did mention that the quarterly was ready but that they were just finalising the Mill End settlement details. For Watcher36 - 'Twitter seems to be AIMs go to....' - GCAT is listed on the Main Market. Sometimes I wonder if they don't like sending these quarterly results out due to the low production numbers. I am not expecting great production numbers for 1Q23 (guessing around 250oz during the quarter) as I suspect that there was no/or limited production during Jan and Feb. It will be the 2Q23 results that I am more interested in. Gold just holding over $2000/oz. GLA, Dan
nice tweet from RM, quarterly soon and comment about Mill end settlement details? Wonder what that could mean? GLA, Dan
it has just turned up on the CRCL.GB.PL page I think (trade at 11:50 this morning). GLA, Dan
re: missing buys - could they have been done/reported through the aquis stock exchange ? Search CRCL and pick the one with GB.PL. GLA, Dan
to see a few trades today.
At the moment Fenikso plc is a shell company, used to be Lekoil Cayman (was in there), with a $51.9M loan to LOGI (wholly owned sub. of the oil producing company Lekoil Nigeria) as per the aquis SE. GLA, Dan
62kg a month to get the 24Koz/PA (approx. 15.5kg a week). If they are achieving 2 x 5kg a week that would be equivalent to around 15.4Koz PA, not too bad. Also still waiting to hear about the corporate governance (due to complete end Q12023), appointment of Mr Rennick as Exec. Chairman and the departure ? of Paul Reeves. GLA, Dan.
RNS at 7am on 7th Sept. 2022 details the warrants to Rod. GLA, Dan
just remember to wake up before trading. Just sold 150k shares in error ffs. I actually meant to buy 150k shares doh. Still cannot buy with HL, in auction. GLA, Dan
@Rusty58, slight correction, GCAT is a Main market listed stock. GLA, Dan
Hi Max111. Not particularly new (been invested since 9/2020 - but only small holding hence lack of posts). I am very happy for Silver to go up (have a kilo in britannias - I know it is probably small change to most and not the best way to invest in silver) but felt that the iron ore would come first (mining this year/early next hopefully). With Iron ore around $120/ton and UFO costs <$60/ton - that is not too bad surely. GLA, Dan
shouldn't we (UFO investors) be more concerned/interested in iron ore prices atm. That is the closest thing we have from a mining / revenue perspective surely ? GLA, Dan
Very rough calcs. 23% of 459 DMT conc sold and assuming £7K/ton (copper price) gives approx. £740K. About £246K PM. Not great really. I think 14000 tonnes per month would only double these figures assuming the same purity, etc.(i.e. 42K tonnes mined a quarter). Name plate gets them to operational breakeven. 241 tonnes Cu conc inventory at end Q12023 is approx. £390K extra.
Hopefully income from Takob will make a difference here, along with the diamonds. GLA, Dan
is a little annoying for sure. But not as annoying as what happened to RMM. Fingers crossed that the diamonds will help financials somewhat. GLA, Dan
just to add - have seen these small trades on Boil and GGP too. GLA, Dan
Hi JC, seen these small tickets a lot here recently (always on bid and ask, every day using the previous days trades section here). I have no idea what they are about and mentioned them in a previous post (one which was removed oddly). I thought, perhaps wrongly, they might have been mms trying to make a stock look 'busy'. Not seen any UTs here for a while, wonder if that is something to do with it. Happy to see RM holding over a quarter of a million pounds worth of gold, four or five of those a month will do nicely. GLA, Dan
cheers for the link sw10000. Nasty bump on his head - ouch. GLA, Dan
Agree ID78, nice to see they are progressing high grade areas - makes sense whilst we await the huge HL 4. Very handy having an onsite lab for grade control. Corporate governance hopefully close to completion along with a good finance package. Prospectus is still in progress - I still think mid April for that. August onwards for decent production results to confirm this RNS (Q12023 probably not great - guessing 300-400oz). Slowly, slowly. GLA, Dan
looks huge. Guessing that it is about the size of a football pitch. For those interested, there are some good pictures of heap leach construction on the Goldstone resources (GRL) website under their gallery section. For reference/comparison GRL has an MCAP £13M and managed 430oz/PM in 2022 (although they suggest 580oz/PM with the remainder on the HL pad). SGZ around £26M MCAP with around 700oz/PM in 2022, aiming for 1Koz/PM in 2023 (and looking for 2Koz/PM going forward). GLA, Dan
slightly more promising outlook I hope. Buy price at 0.258p for 1M, lowest I have paid (highest I paid was 1.86p back in Oct 21 - gulps). Gold around $1923/oz currently. GLA, Dan