Member Info for loyaltrader

No i am not posting misinformation it is $3m principal amount as per june 2020 rns, and you have said yourself “The terms never changed “ so i dont understand how confused one can be, if you have evidence in a rns saying the principal amount isnt based on the fixed $1500 oz price and changed then show it.

Your figure of $9.4m included $3.5m loan notes which were paid in January. You continue to come out with bull. If your going technical then the net assets are over $10m meaning company should be over double in mcap just on that.

I cant wait for you to sell out at 0.45p and wish you well after seeing this 10 bag by next year on production improvements.

Yes do report that 0.45p sale of yours, thanks for the wishes

I am somewhat disappointed in you Hachris for being such a supporter and longstanding shareholder to bottle it on a slight set back.

-Production will naturally increase with the additions of 170m extended pads 6 and 7 from the current 120m which will likely take till end of year to setup with materials arriving next few weeks, the result will be granting more ore stacking of potential of between 70-80000 tonnes i.e. 40-60% more.

- Recovery rates will also improve by upto 10% by CIS Plant circuit incorporating 7 tanks to get to

100m3/hr from the currently 60m3hr

Just based on these small upgrades with just low gold grades, the production will increase by 60-70% of what it is currently. So as W/C 18th August 355.6 dore based on 20 days of a month will have figures showing 550 oz for 20 days a month meaning 825 oz dore a month, with potential upside with grade improvements.

5-10p next year is on with these constant production figures and record gold prices IMO.

Hachris please do sell all out at 0.45 next week, then only to see it 10 bag in a matter of 6-9 months.

AIMS will extend like always and the funding will come in over 1p, with pads 6,7 coming into action and production increasing just with these pads alone, you will be making a generational mistake, anyhow good for you.

Gold on target to cross $4000 by next year might even this year already at $3600 with a all in cost of $1814, its going to be majestic soon.

Lets see where we are at next year March-June when it turns around! Certainly wont be at 0.45p

Hachris

Your sounding even more lost, you just said

“The terms never changed“

Which is exactly my point, go read june 2020 rns for the terms!

Its just you sold at a loss under 0.35 and cant accept the recovery

“Pre-determined rate” there’s no need for this if its at market rate like you claim lol

As i said prove it from a RNS saying the fixed has changed and not from how an accounting standard accounts for it in the yearly accounts!

Big week next week by looks of things. MMs holding ask real tight and taking shares but still rising bid price.

Bring the evidence of principle changed from the fixed $1500 in a RNS, that is material. Not no accounting standard of how to account for such a loan in the accounts

Again read your stuff before you post

“pre-determined rate”

Agreed $1500 from the start

Wasarunner read the news you posted, the answer is in it

in settlement of 247.72 troy ounces of accrued interest under its existing gold loan agreement.

The interest is at current not principal

NT continues with bid rising, going to get explosive with such a gold price, market waking up

Please do share those notes and yes i will apologise if so

Its going to pop

Principal amount of 1,871.43 troy ounces at $1500 ($2.807m or £2.1m ) plus the remaining accrued and outstanding interest of 395.20 a

troy ounces at $3600 ( $1.422m or £1.065m)

Total is £3.165m half of what you wrongly claim, no wonder people should do own research and not panic like Hachris did and sold, he has totally shamed himself on this board coming out with £6m, shows what his research is

HaChris cut the bullsh** just because you sold and lost money just accept it or buy back in. Read from the RNS 22.06.2020

-The principal amount of the Gold Loan is 2,000 troy ounces of gold, which at a fixed price of US$1,500 per troy ounce equates to US$3.0 million

-The Gold Loan will accrue interest at 14% per annum, which is payable quarterly in arrears. Interest on the Gold Loan may be paid in gold, such amount based on the then current prevailing gold price, or in cash, at the election of AIMS

So no its not £6m or $8.2m wrongly sad by you, get over your loss or buy back in, gold crossing $3600, more income for GRL!

Gold Is going mental, thats why we are moving up. Game on, very cheap under £4m market cap, people will be crying seeing this clock 1p shortly at the miss opportunity

On the move now 0.45, 0.5 next

Run up due, 0.45p now, could move to 0.6s in a flash with little buying

NT to buy even £1 at 0.4p now, this will be over 1p very soon, funding will come in over 1p aswell

Take your bets and watch this fly shortly