Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
and it did too Bebeto. SonofaGun - oh, looks like there was a large sell at the end of 8.25M shares. Lets hope the Q3 results prove that they can produce decent amounts of gold as Q2 was not good at all (Stating the obvious - but they are operating at a loss with those production figures). Pure Gold seem unable to make a go of it and have stopped production (AISC well over $2000/oz though). There is going to have to be some seriously good news for the last two months here to get above 2.5p (mcap £45M ish) otherwise those warrants will expire. If they could just hold off for a couple of weeks so I can get to 2M shares that would be nice lol. GLA, Dan
Hello gus0, it is on the Aquis exchange. Type in EEE in the search box and pick the one with .GB.PL at the end and you will see your trade at 9:33 (probably your trade). GLA, Dan
@TDT - 'Just a typical AIM listed miner, over promise and under deliver.' Not that it makes any difference but this is main market (like sxx, made, icon, etc). GLA, Dan
it has been said many times before that the buys/sells are just 'best guess' labelling by the computer algorithms on this platform. They are not accurate at all. GLA, Dan
current volume on AQSE is around 250M for those interested. Do a Share price search for boil and pick the one with Boil.GB.PL for those that don't know . Only just worked that out lol. GLA, Dan
Not that it is much, but the trade at 11:13 (500k shares) is a buy. GLA, Dan
is a buy, mine. Very slowly getting my average down, still high at 1.16p now.
From 15/8/22 RNS;
"The team and I are pleased with the all-round performance during the quarter, significant progress has been made across the board and we are on track for an exciting third quarter.'
Let's hope that the 3Q2022 results (also guessing in Mid Nov. for these) are exciting as RM put it. Production of 250oz ave. per month from the last quarter was very poor . GLA, Dan
Platinum atomic number 78. Could be someone using a free trading app. GLA, Dan
thanks for the correction Winstonwolf. Still some way to go to get profitable. GLA, Dan
I got a very rough $3333/oz costs for this quarter (ave. $10M cost per month, gold say $1600/oz, 3000oz/pm), or just $10M divide by 3000oz per month. So a loss of $5M approx. per month. If my basic maths is right of course. GLA, Dan
I make that about $3333/oz in costs ? Ouch. GLA, Dan
from 23/5/22 RNS 'The Company is targeting a Readmission in Autumn 2022. ' Autumn is here so hopefully hear something before Christmas. GLA, Dan
Just noticed another gold producer that started recently (have not fully researched them yet). Goldstone Resources ltd (GRL). Similar production levels and working in Ghana. Current MCAP £35M . GLA, Dan
A couple of other companies for simple comparison. Pure gold (main market) operates at a loss and obtained refinancing recently as did VAST. If they can continue and secure funding then surely RMM can. Could RMM concentrate on mining the high grade areas for now whilst copper and gold are low (mine less and get better production figures) and then switch to low grade areas if/when prices recover ? GLA, Dan
not forgetting the gold too with nice grades from the North zone (e.g. · 12.00m with 5.68 g/t Au, 11.00m with 4.71 g/t Au and
48.59m with 1.85 g/t Au) - see rns of 28/4/21. GLA, Dan
not quite the same league as sxx (was main market, and lost plenty there). They needed financing in the 100s of millions to dig a very deep hole for a very cheap commodity (potash). RMM is already producing and, IMO, has low debt. Just need copper to move up and RMM can become profitable - cut a few heads too perhaps. I would imagine a lot of small companies are in dire straights currently, but have not admitted it yet. GLA, Dan
Welcome Mr Loboda, hopefully he can sort out the stupid sanctioning. In other news, also received my certificate from HL today (issue date on certificate was 9/8/22 - jezzz). HL are sending certs. out in batches, so hopefully others will receive theirs soon. GLA, Dan
especially if it is for a new CFO. Not sure I like the current 'interim' one. Sorry, bit of humour. GLA, Dan
Bought at 13:15 25K shares only at 7.25p. Use HL too but had no problem buying this time. GLA, Dan
also just averaged down. Have got my ave. to 15.5p, not great but that is it for me. No more cash. 50K shares held, started buying early 2021 and remember buying at nearly 45p mid Nov 2021. GLA, Dan