Member Info for GoldGeezer

Its much better than your math's, thankfully.

GLA

Implied value 100p

Big move today

he’s spun this as a nice option and the timing being right. poppy ****. he might even have b2b deals lined up with mates to buy the lanstead. long term it’s fine but nothing positive can be read into this gift to lanstead

Lanstead might drag this down to 2-3p, so they pay out less.

They need approx USD12M to keep going. December & January have been cash flow positive.

They are selling monthly throughout 2024. How do you think they are paying the bills? 2024 was circa 3,500 ounces maybe USD8M

They aren’t here for the fundamentals, just a can’t lose business transaction. They’ll sell to ensure the price stays below 5p, to limit their payments.

Ha ha. I’d prefer your Monday to be ☀️ ☀️ ☀️

Not many people are aware of the consequences of this.

If successful it could increase the monthly production target from 1,000 ounces to 5,000.

Annual revenue of approximately USD180M and FCF of over USD100M.

Incredible - 82 posts today and nothing new said

Yes this is held below 5p for 7-8 months

Yes the big cheese was trying to sound positive about a big deal. Patronizing I thought.

Are you utterly nuts. Why would they average up by investing more money, potentially raising the price above the limit, where they have to input more cash. Oh dear!!

Yep. No way of telling the additional costs to go deeper, maybe not permanent increases, just infrastructure & development costs 🤷‍♂️ , however, if production is 60-70,000 ounces / year by excavating 48,000 tonnes of 6.6 g / t onto existing cells, who cares if AISC is USD2,000 and PoG USD3,000. It’s still USD65M FCF a year.

Yes - my calcs based on 6.6 g / t equals annual production 77,00 ounces

65% recovery 95% dore / gold, PE 6, FCF / Ounce 1,300, 80p USD, 48,000 tonnes, 35 ounce / KG

Share price 53p

Closed at day high. Very solid.

Yes, that’s fair

They had 146m shares

Sure thing GG 🤝. I’m happy to be wrong. Happy to be sitting on a larger paper gain, while I await the acquisition.

GLA

No they don’t, they’ll derisk with the added incentive to cap payments. Lord is spot on and GoldGirl confused.

Don’t get me wrong this is a solid investment but it’s capped at 5p til 2026. I’m a 7 figure holder but for the inevitable sale to Big Pharm.

16M + 34M + 50M =100M

47,692,308 today go ????

One or two more days to go, hopefully.

Bleeding 2M multiple seller back. This’ll go on as long as it goes on!!! Need to be in at the end or miss the 50% correction jump up.