Member Info for GoldGeezer

So 12,000 ounces 95% at USD2,850 PoG = USD32.5M annual revenue.

No problem - your message confused me. I knew it was inconsistent with the full year report but it initially seemed you weee correct.

It only become clear to me by researching the gold repayment schedule. 6kg plus 5kg corresponded to the 11kg in the news. It wasn’t the full yield from the 14.6kg pour.

Anyway - it’s good to clear up that the dore is near pure. Over 95%.

Final results June 2022

Export of first commercial gold pour of 42.96kg gold doré, producing 40.96kg of gold bullion (1,307 Troy Ounces) and 1.72 kg of silver bullion (55 Troy Ounces) and revenues of US$2.4 million

This is 95.3445%

The 11kg bullion mentioned was the amounts of gold loan repaid, from the 14kg of dore produced, not the total refined.

What a brain dead clown you are. I’ve provided links to all the associated news containing the facts.

Good riddance to you.

Facts to support my “garbage” for your info below

I’m not sure why each message needs supporting report links. You are being lazy. As they say “do your own research”

Wrong (I suspect deliberately)

https://www.lse.co.uk/rns/extension-of-gold-loan-opjc91lxdzjslpz.html

Oct & Nov gold loan repayments 11kg. This IS NOT the amount of bullion from the 14.6kg pour.

The real ratio of dore to pure gold is over 95% - see below, links to final results.

Https://www.lse.co.uk/rns/final-results-84zmr3ysjwlj278.html

Over 95%

Final results June 2022

Export of first commercial gold pour of 42.96kg gold doré, producing 40.96kg of gold bullion (1,307 Troy Ounces) and 1.72 kg of silver bullion (55 Troy Ounces) and revenues of US$2.4 million

This is 95.3445%

The 11kg bullion mentioned was the amounts of gold loan repaid, from the 14kg of dore produced, not the total refined.

All the monthly reports are Dore, however, they’ve reported the purity previously . In an update in 2022 I think. It was 95%.

I’ll send the date of this RNS later.

11th Nov, 9th Dec and 15th Jan

Click on the RNS News link above

Check the pour news Dec & Nov. The production is rising fast. January should be announced next week. I hope it’s over 550, be delighted if over 650.

No it’s ramping from Dec to April 400 to 1,000. Not sure if it’s linear but could be Jan 600, Feb 800 and March 1,000

It’s in production. 2024 was circa 2,000 ounces. December was over 400 ounces, so big ramp up Nov & Dec

Jan, to be announced next week will be another big jump, indicating 2025 potential. From April onwards 1,000 ounces month, 9,000 plus Q1 which should be at least 1,500 - 2500 more.

They are pouring each month and reporting. This will be getting refined and paying for the operation.

News of Jan pour almost certain next week.

The CLN was a loan and interest valued at £2.8M. Devonport swapped it for stock at 1.9p

Yes, it’s held but like a spring.

Please explain. If they don’t get the LI before Dec 2026, do you think the trial license will be renewed?

Why - have you heard bad news about the license? That’s a very concerning message!!

Where did you get that information.

If you review insider dealings on this web site the CFO and CEO own 70,000 each. They invested essentially nothing with their own funds.