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ASI- You usually aren’t so forthcoming with news, a noted shift and risky as could reflect negatively on your credibility if news in a dud. My assumption is you know more than most as you seem reasonably confidant with what has been said to you! I infer you are cautiously optimistic. Is the info you got consistent?
Would be a nice retirement present:-)
RNS Monday?
GLA
Creditors are sticking around so confidante in the business going forward.
We should do 700 tonnes at BP Q4 taking us into profit.
500 tonnes stockpiled to be sold into market in addition to this should see us through to Q1 2024
I will be close, but we could avoid a placing if Bp growth continues as expected.
if all goes to plan, we will see a big turnaround.
GLA
I will add a few more down here
Sentiment will change quickly once the rainbow chasers have finished there run.
GLA whatever you do
Gem & sandy
Looking at the DMT in July, August and factoring in 20% increase in production for the 4th quarter we could see 700 DMT Q4. This of course is subject to no unforeseen circumstances; break in production, strike, or accidents.
Add the 700 DMT to what is stockpiled we get a DMT=1200.
My question is this! Why has AP stockpiled the ore?
Is this due to take off partner agreements and shipping costs?
How will the creditors view this? Positively or negatively!
I also note that if we continue to ramp up production 20% quarter on quarter we will reach nameplate by the end of H1.
When you drill down on the figures, profitability does not look far away. Q4 figures will be good enough IMHO
Some stockpile ore sold and added to Q4 production to ensure profitability achieved
GLA
Zimbabwe, as the Chair of the Kimberley Process (KP) announces KP Plenary meeting on 6-10 November 2023
https://www.kimberleyprocess.com/en/2023-plenary-meeting
More chance of 1p+ short term IMHO due to Q3 Resalts with 3 shifts and mining on multiple fronts DYOR
Lots of schizophrenic posting here. Talking a share down wile professing to hold millions is not normal behaviour! Only an oxymoron would do that😉
GLA
Surprised to see such a large placing! There must be other things in the background going on to warrant this. Escalating diamonds and showing RBZ that we have monies and are not going away. Legal costs involved in resolving this issue will need to be met. Q3 resalts will be good at BP based on uptrend, historical date,3 shifts and L5 opened up. This gives AP options with refinance.
Agreed deep poo if not but think in all probability we will be good.
GLA