Member Info for DanielC43R

@djryan777 - re. post at 13:06. Also in RMM, so can see upside here with, hopefully, improving production (Q3 onwards I suspect). Regarding this 'you cant really pick up producing assets in production circa 13 million cap', well I am in one with an mcap of £11M, main market and producing gold (heading for 1000oz/pm and aiming for 24koz/PA). GLA, Dan

no worries Evolution10 . Credit to Legalwolf, not my figures. GLA, Dan

Read 600 from post at 15:06 yesterday. 400 still too many IMO, think they need some Lean 6 Sigma coaching lol. From dummy buy/sell can see that 0.65 are sells and 0.669 and above are buys using HL. GLA, Dan

I noticed someone posted that GCAT has 600 employees. Is this correct, seems a huge workforce for a relatively small producer ? GLA, Dan

As this is main market, are they limited to 20% placing PA ? Currently worth only £2.2M. GLA, Dan

elcobbledore - buys/sells never accurate on lse (algos best guess) plus maybe unreported trades too. Yes, markets as a whole were plop today. GGP in same situation with 'more' buys reported here than 'sells'. Probably plenty of other stocks in the same situation. GLA, Dan

probably been noticed, but why does the presentation have 'Developing a low cost, high CAPEX Iron ore mine in Brazil' at the top ? Anyway, Drink ! GLA, Dan

So we know who the seller will be and how much they have (Atlas/175M). 63M churn today, not long to flush 175M out. They will finish at some point/or may be they will hold for even bigger gains. Have an unknown seller at GCAT (pos Goldplat ?) which is an anchor on current SP and just as frustrating. Do you know what - I have completely lost my train of thought and where I was going with this lol. Off for a drink. GLA, Dan

cheers wwal17 for waking me up. $4M or £3.2M. So, in answer to my question, no. I think I would feel cheated by WG with all the multi TCF figures they shouted about. SP below previous range - because a cash call maybe required ? Flipping expensive drill hole, thought plumbers were expensive lol. GLA, Dan

why the need to raise 3.2 million when they just got 800K from the cheeky Atlas last minute conversion (114M less shares)? GLA, Dan

£3.5M raised end of April - so CLON is loaded. SP was double current SP before talk of Sasanof/duster in May (despite all the pointless seismic this, that and the other data). 400km2 prospect - would WG consider more drilling in different areas of prospect ? Drop in SP from spike is understandable but not from previous 0.18 - 0.27 region IMO. GLA, Dan

wishful thinking on my part lol. Very crude comparison but using producers rather than explorers. SHG AISC $1760/oz, SGZ forecasting, once in full production, AISC ca.$680/oz. Not able to find ASIC for PUR but they seem to be operating at a loss currently (from what I can understand from the 1Q2022 rns) but do have large indicated resource (2Moz I think). Certainly agree mcap not right but maybe the market is just focused on the low measured resource of 61Koz at Kili (3 years worth of mining). GLA, Dan

*correction - SGZ mcap £42M. GLA, Dan

sorry for repetition, but have mentioned before Scotgold (SGZ) with an mcap £40M and very similar production/forecast as GCAT. A little bit further up production wise (1Q2022 production of 6653 oz) is Pure Gold /PUR with an mcap £126M and further still, production wise (1Q2022 production of 11408 oz / aiming for 68-76Koz for 2022), could be Shanta Gold/SHG with MCAP £100M . Feels like, for me at least, we should be around SGZ mcap and once/if 24Koz/PA achieved closer to PUR mcap. GLA, Dan

correction to my 16:26 post after checking contract note. Bought 10K shares at 7.14p at 16:18 (7.19p included the HL charge). GLA, Dan

same here. Small one of 10K shares at 7.19p a few mins ago. Fingers crossed and all. GLA, Dan.

fulmar29 - little bit rude. I was trying to offer an explanation of the unknown share trades posted yesterday to another poster. Understand that these bbs get a bit toxic at times as we defend our investments (I am underwater here btw). Did you have an opinion/explanation for those trades reported yesterday from Friday 27th ? GLA, Dan

Cheers Ethio for the explanation. GLA, Dan

Hello Ethio. For the non-experts out there (me), what would an example of a short opening look like ? (Sorry, off - stock, but are the 'black trades' reported yesterday , for the 27/5, in ARCM a short opening ?). GLA, Dan

Hi manx - are you referring to the ones from 27/5/22 ? A quarter of a million buy 5100000 with 'negative' trades to match. I am not an expert in these things but could it be a massive short opening/closing ? Certaintly huge money being played with there. GLA, Dan