Member Info for Genghis15

Should read "when their +ve predictions come true" !

Tbh I regard charting as akin to horoscopes and tealeaf reading, but I'm always pleased to have the chartists on board....more so when their predictions come true!

So, what's your prediction for Friday close, Master RSI?

Sirius

Me too.

Douta and Oyo updates will be welcome, but are icing on the cake. We need a good Q4 ops + finance update, which I'm confident we'll get ; Segun has delivered this project to plan almost flawlessly to date.

I do agree that a mine life extension plan is needed soon, tho afaik no date has been given for that so it cannot be said to be overdue.

Thanks, ML.

I quite understand your view, I would take the same stance.

Well, not quite. You put it (as far as i could see) in your own words. At the risk of being pedantic, I thought it might be useful to see the original text as typed by SB.

Manlord

Perhaps you could post the full text of your corresondence with SB.

After all, it should go without saying that any info he shares is public domain. On the few occasions I have corrsponded with co directors (not EEE) they have indicated that they are happy for such info to be widely disseminated.

HarChris

Thanks for correction. Tho I follow MM on Twitter, I don't always read (or remember!) everything he posts, and shoulda checked that b4 posting.

That was 9 months ago, b4 TGR's annus horribilis on cash and struggles to raise it.

It mb useful in highlighting the unmet potential here, but until the cash woes are sorted, should be trated very cautiously. And i note that MM has not mentioned TGR since afaqik, tho he did recently comment that he had cullede his PFwithout naming any companies, which is normal for him at least as far as I can see.

I still monitor here bcos of that unmet potential, but remain wary until cash is sorted. And tbh even then, the management record here will give me pause.

Yes, MFaker, horrors.

I worked in a finance function, and any corporate treasurer, chief accountant, or Finance Director would share my view of TGR's financial (mis)management.

DRJJ

Are you sure you're posting on the right thread? Your post makes no sense, and is at odds with the facts to date.

Nice/ It;s a horror show. Pro active should be ashamed misrepresenting tose 1/2 yer results as 2profit". A paper gain of £9m hides a £2m operating loss, and the co continues to seek funding for working capital.

Actually it exceeded 150, max 153, and hovered around 140s for a month ish. Sorry to sound patronising, I'm just horrified at goings on here and can't get my head around why others aren't, despite the long promised upside.

HarChris Pleased to see we are not at odds on this one!

Last update, Segun said "We anticipate a stronger financial performance in the final quarter as the mine grade increases.", which from memory is what was always expected. With Pog up too, i would expect a strong Q4.

Tho let ne say i welcome shareterminator's contrary view, it all aids balanced thinking.

< 20p Go figure the dilution there.

Shishir ha destroyed Sholder wealth, hidden financial facts until and beyond the last moment, and has zero cred left. If ever this co sees the promised flow of riches, Ino longer trust this BoD to deliver it to sholders, ; imv it will either be frittered, or diveted to other entities.

If you're a big holder here and way underwater, I guess you have little choice but to hold and hope. But do so with eyes open.

Some seriously blinkered thinking here.

HarChris sees potential for £1.50.....that's what it's fallen from, remember? Hardly a great record.

"CLNs with conversion and warrants at say 50p 2 Really? A co with no cash, begging bowl out is gonna get CLNs at a convo rate 3.5x current SP? More likely a 12% interest rate, 15p convo, and 1 for 1 warrants at

Tx for posting, I had missed that when posting earlier. Unless this has been previously pulicised and I missed it, a disgrace to bury that in the end of the Interims. As you say, very significant dilution, tho only if the full amount is activated ; but why would they negotiate for £6m if they didn't need it?

Any shareholder not seriously hacked off with the BoD after this needs their head examined.

Was 10Jan last year. Expect good solid results this time, with debt down and cash up, but we also need to start seeing clear plans for mine life extension pretty soon.

Never be so sure! Segun comes over very solid, delivers, and I like what I see. He does indeed seem like a very trustworthy guy who delivers, and OC he has a big personal stake.

But never, ever, be too sure of someone you ddon't know, have almost certainly never met, and who's future motivations might be changed by circumstance.

Investing is a dangerous game, and putting too much trust in an individual is especially so.

For all the comment here, really nothing much to see we didn't know already. Ops are proceedingOK, production up as expected, still bleeding cash, as we already knew.

What we really need is the pot period update which knowledgeable posters here say should be late January....but why not now/ Why. when we all know cash is the big ?? here, not update in this RNS?

well, clearly cos they haven't sorted it yet, as the RNS says in nmot so many words. So the same old, same old from Shishir. Minimal financial disclosure .

I keep looking in here bcos production potential should lead to substantial cash generation in the future. But the way shareholder comms are run, and the way the finance function appears to be run, continues to give me pause for thought on the short term working cap travails.

But beyond that, i begin to wonder what changes if and when profits start to flow.

Will shareholders ever see them? Or will the Bod find other ways to spend those projected profits?

Too many questions, doubts, and so much obfuscation from TGR, I'm beginning to think even when the ST cash issue eventually gets sorted one way or another, I may have lost too much faith in the Bod to risk investing here.

Who knmows where it will floor? relentless profit taking, followed by fear driven selling on no news seems to have taken root here. It will stop when it does......ceertainly by the next news, I guess. But so often the pattern with these easrly stage discoveries is a run up to expected news, followed by a drop even after the best news, as ST traders bank profits.

Nice game if you're nimble enough, I guess taking profit off the table is sometimes worth the risk of missing out on a rise.