Member Info for Dofmeister

The 20m yesterday was mine. No better informed than anybody else, other than a £2.6m market cap and a decent looking silver deposit in play. In for 220,000,000 via HSBC, not sure why they haven't isssued a notification of the holding....

This looks way undervalued. Added 1.2m today to take me to 1% of diluted market share capital.

Finance offer conditional upon offtakes (amonst other conditions).

Sounds to me from the prospectus that a JV with a large Pharma is more likely, £5.6m would be peanuts for the potential reward. Such a deal would see the SP rocket.......

Mike, there reported costs are I think inflated, if you look at H1 financials the AISC was calculated on gold sold, not produced.

Market cap is so small, that bought just over 1%......

Lol, yes, sorry, 0.069p 🤣

Yes, filled at 6.9p.

Order in for 50m.

HTTPS://www.goldmansachs.com/pdfs/insights/briefings/GoldForecast.pdf

Visitor, note though that AISC quoted was based on gold sold, not produced for H1. Gold poured was actually 2,500 oz more than sold (it was held back to sell in Q3). The actual AISC for H1 was c $1,250 based on gold poured of 25,081oz, which if duplicated in H2 will meet guidance. In theory they should do more as the plant is running at the equivalent of c 56,000 oz pa now. So I think your numbers may be $5.5m short, so say c $90m net profit.

Good news on processing costs, acquisitions and TS mining plan / updated CPR I believe will get us toward £12 in the short term.

If they had funding to complete these two holes and believed the assay results to be good, why not wait and raise at 5x the s/p on assay results ????

But they go down in a straight line !

HTTPS://leseco.ma/maroc/karim-zidane-lhomme-qui-doit-relancer-linvestissement.html

Slight concern as to why they needed $10m so quickly a few weeks back.....

I don't believe that is correct Mr Jinx. If you refer to the 2018 Prospectus it clearly sets out the research licences owned by MSL and what was being acquired.

I don’t believe they own the land Mr Jinx, just the research permits, now amalgamated into the 10 year Mining Licence.

What were the bones of the posts ?

No confirmation.parison with CNR. They are having trouble selling as in Nicuagria. ALTN has 4m oz reserves, just about to increase with TS extensive drilling and ready to produce next year. Seki now up and running at 60k oz pa at total cost c $1000 p oz.