Member Info for Hazbeen

In fact market has known of this placing probably June/July

Well below the 3 monthly VWAP price

GavWallace

“ RE: Placing24 Oct 2024 18:45

I believe this to be positive. The placing is around the current share price with a minimal discount.”

Really have you not seen the price fall since first week of October after permit news

Permit news boosted the share price , then it was sold into by holders who knew placing was coming

My bit from the presentation

I am struggling to find reason to buy these, regardless how cheap ppl say these are.

These cheap prices have been around for many many months, so we need need something more

One of the BoD buying shares might send a message to the market.

Buybacks was the only thing that might be considered some point in the future

Actively considering" future strategy, including returning cash to shareholders via dividends or buybacks, acquisitions etc

Did not see any conviction in these comments,priority has always been pay down debt

However they do realise they need to address the market perception of this company

No institutions will be interested in this until over £100m market cap

So not sure what catalyst there is to get it there

You must all have realised over the year you could have earned more money putting your money in the bank than investing in OPG

.

Expecting at least another 100m dilution coming to raise another £1m at some point

sub 10p coming

Conduct a detailed resource assessment and deliver a Field Development and Abandonment Plan within two years.

Well that tells gives you some idea how long it could to becoming a producing asset..few years away

Saw the presentation the other day ,

The main market will be the USA, the rest just pays for the bills

But all helps

Maybe next trading update , we may some positive uplift in share price , but not impressed the market much right now

For ppl with positive views prior results recently , now results are out they have nothing to say

With the huge increase in revenues , the other metrics like Ebita and profits are disappointing in relation

So how do BoD plan to increase shareholder value ?

Huge revenues but EPS is down and EBITA is the same

I accept last year there were some one off gains

Still balance sheet and fundamentals are sound

No dividends expected in near future

What do you mean runminations ?

To have any credibility , Give me sources and links, otherwise pure drivel on your part

Do not forget, the last year or two or whatever it is left , mining will produce lower graders from now on

Neil U,

thankyou for link

Treasury shares are the company’s own shares that it has bought back from an existing shareholder where those shares have not been immediately cancelled. This means that these shares still exist and, therefore, the company’s share capital has not changed.

Future cash-flows will be spent on exploration of new gold project

Just MTL have bought our RHL it does not mean the shares on issues have disappeared

Still 1.82b in issue , MTL just own 100% of it

No it will be £200m , would be over priced if u ask me

Yet cannot buy any known at this moment but can sell ok

Do not like the prices offered now

Gone from quarter to half pence pricing to micro pennies .

Means too much stock on the books

Net Profit for the year 6,244,63 Lakhs Rupess -

which is approx Sterling £6m in today's currency rate

Earnings per share (in Rs.) 24.46 compared to 5.23 previous year

I expect the seller is selling out before next update

Hopefully our entirely but you tend to find the final slug is sold on news