Member Info for Guvvi

Completely agree with Bushy. That much capex, debt and build time sounds like a very very risky time for a company seeing how the last couple of years have gone.

I'd obviously rather they don't build the mine or take part in it at all and just see a sale of some sort to someone else.

DB talking openly about building a mine there is hopefully just bullish talk against anyone thinking they're forced sellers of sorts at the moment.

I hope i end up old enough and solvent enough to be around for that!

Thanks Bushy - hopefully this won't ruin my morning coffee !

I disagree. I think the share price is very much about this board and IF they do what we think they will now without any more dilution we should see a very different value in 12 months.
In fact this is at least as important as gold price speculation.
Hopefully ( I can’t believe I’m about to wish this … ) the board really do deliver going forward operationally.
If they do this price looks crazy silly.

Betts will get 5x your holding for free in 3 years if he beats the gold index by 5%. ( i think ).

Not even going to bother voicing my frustration at more dilution. Nor the fact that we have had to pay someone $625k when we hired a COO to manage and turn around Yanfolila.

I'll only get told that it's ok we are going to be making 200m a year easily in the near future.

God reading these RNS' is depressing.

Definately huge upside here if things go roughly to plan. What will someone pay for Dugbe if gold stays like this and interest rates/the dollar fall back?

Don't forget the dilution though interesting to note we arn't even above 10p yet and the MC is £57m.

For those of us wanting 20p now we are going to be waiting till there is a £120m MC or close.

Ah ok thanks. Mr Betts brought it up again and i didn't know this...

Also will be ever get our VAT money back? This has been rumbling on forever now...

Do you know what i really want to know... Are the directors going to be taking part on this capital raise in a meaningful way?

I get what Dan is saying in interview after being realistic about the shortfalls caused by inflation and very bad performance at Yanfolila. So why don't they buy big chunks each of them and put their money where their mouth is?

Yep during the last big call i managed to get the question of what would happen if the historically overdue cases resolved in line with management expectations. They basically said this was the best guide to the current value and by implication the answer is quite a large number.

I suspect this is why the directors were happy to pay 100p a share.

I agree Dragon, i want to see the VOX markets interview first.

I'm just happy they at least plan to try and tell us more about it and have offered to involve the public and current shareholders. Whatever you think of the business that's at least fair.

The last RNS felt horrible to me, zero regard for anyone but CIG and themselves.

Id love to go but i'll be skiing! Would love to hear from anyone who does though.

It's definately dilution.

Pasofino have appointed RBC capital to act as financial advisor on the Dugbe strategic review...

Spot on Gallmat, this was not a case to be dreaming of megabucks and i wasn't. Great return for time period and their record remains intact.

Look forward to seeing more resolve this year.

Actually 1.2m reason*

:)

Definately a reason to be optimistic today !

It's super long winded that announcement. But it looks like they are now conducting a review of the interest they've had as they think the time is right? Is that what you guys think?

Or are they saying they are now actively looking for interest from third parties?