Member Info for LiqMyAce

The LSE does not report buys/sells what you see is driven by an algo and is not reliable. Every buy I have ever made has shown up as a sell!

Next significant movement in price should come on the released of the Annual Report. Last year it was released on 23rd May. Will be interesting to see the balance sheet and EPS data.

The treasury shares were received by Mrs Evans, she's a buyer not a seller so there is no chance they will hit the market.

Clearly the management disagrees with you and preferred to use paper and conserve cash. Reason we are back around 7p is we still have an overhang of CNR sellers that need to be cleared. Paying the debt with paper had a zero effect on the price in my view.

Free cash flow of $23.5M in Q1 will be more like $30M in Q2 if the price of Gold holds up. All bodes well for the La India mine build out, if necessary Darren has excess free cash to spend that could accelerate the build out further if he see's fit.

Condor_forever - So perhaps the Dore they produce has a higher concentration of Gold than ours?

Condor_forever I can imagine that the large producers do refine their own Gold yes, it's not a difficult process. Not sure though at what scale it becomes economic.

TheVet - We don't sell fully refined Gold, we sell Dore which requires further refining and it comes out of the plant at varied purity.

Slippery - Actually, I don't think it will lose 40% anytime soon, was just pointing out that it could. It could though pullback say 10% to 20% which would not really be a problem.

Gold was in a bear market from Jan 2012 $1780 to Jan 2016 $1055. It lost 40 % of it's value. Gold is cyclical and will at some point enter a bear market again.

Darren has 189,500,000 stock options, it would be very difficult for anyone to match that.

Condorquestion - Darren is wearing huge golden handcuffs that will make it very difficult for anyone to poach him. Why would he go anyway? The road ahead that he has planned will make him a very rich man indeed. He goes to someone else he is no longer the boss of the outfit, I can't imagine he would enjoy working for someone else.

Surrey - I'm a Yorkshireman, we remember things!

Price was 6p - I Posted 25th Feb 2025 - I don't expect the needle to move much (maybe a penny or two), until the annual report is released towards the end of May. Q1 results will be good I expect, but a lot of investors will take note of the debt free balance sheet when the annual report comes out.

Frenchie38 replied - LMA, a penny or 2......so up to 33% within 3 months, based on what please?

Frenchie38 replied - But expecting 33% before we even start drilling is a bit steep. I think you are in the same league as Simms with your predictions!

So Frenchie38, now what do you think?

I remember when Darren said a couple of years ago that $2300 Gold would mean "Happy Days", look where we are now above $3300!

Many institutions are prevented by their charters/mandates from investing in penny stocks.

Simms - Institutions don't buy penny stocks!

Chique - Good work! Plus we are getting transformers and generators, plus a Gold lab and furnace plus other stuff.

Chique, you are correct that was the original plan, but now they have bought the used plant they don't need it anymore.

Chique - Details of the plant are here: https://www.almadenminerals.com/ixtaca/mill