Member Info for jollyspeculator

reckon the buying pressure is building

to see this fall close to 8p ...as Pablo2, not Jolly exciting enough ...but I am old codger here...comfy in MWE...not going anywhere...until 20p +

I suspect HGI playing around at the margin only...the previous rns had them going above 18%

down, HGI

pretty decent place ....I'm a fan of Marlow...plenty of quiet charm ...I'm a too young to remember rock n roll ...but I agree about escaping the seething cesspit..only go in to pick up my post lol

love your post..I am registered to vote at my place in London..so way too far away to vote... in this madhouse of politicos ..I'll enjoy watching the results though ...terrible night for the Lb Dems & Conservatives?

finally telling.. ...those waiting for sub 60p ...or Mr Scott's 50p ...may have missed the bus

to see me being Jolly dozy though lol

..ok merely cheap ...schoolkid error

on EV/EBIT of perhaps as low as 4...and plenty of growth in Korea ...check the calcs

way out West lol

I am eyeing up 700-750 range to put more money in! ...but I can see the sense in deploying cash elsewhere

The cash position decreased marginally from £634,000 as at 31 December 2013 to £568,000 as at 31 March 2014, however the Company is confident that its cash position has and will continue to improve in Q4 FY2014 as the South African and Ghanaian operations profitability continues to strengthen in line with management's expectations. Group subsidiaries have collected proceeds from 2,005 troy ounces of gold amounting to approximately £1,540,000 from balances reflected as 'Accounts Receivable' and 'Gold Inventories' as at 31 March 2014.

yes, cash a concern if they don't manage their working capital well ...but, with 3Q showing a turnaround, the annualised pe is ridiculously low ...if they can get rid of Kenyan drain (even better extract some value), manage their receivables and grow, then this sp will low bizarrely cheap ...IF

that's the spirit

presumably show on a different trading platform?

how many did you buy?

..still far too cheap imv... at EV/run rate EBIT less than 10 (pls check the calcs by subtracting full from interims) & with growth story firmly in play

if they execute transition of the business model well ...and significant rise if royalties come in close to potential

yep dirt cheap...but dirty