Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
A record 32,340 AuEq ounces were produced in 2023 – a 40% increase from the previous year. Q4-2024 AuEq production was up 25% to 7,234 ounces.
Revenue for the year rose by 53% to $81.1 million. Income for 2023 reached $2.8 million, compared to $0.3 million in 2022. Q4-2024 revenue climbed 46% to $19.4 million.
Adjusted EBITDA(1) reached $31.8 million, an 83% increase over the previous year. For Q4-2024, Adjusted EBITDA(1) of $5.1 million was 116% higher than Q4 of 2022.
Total cash costs per ounce of gold sold(1) for 2023 was US$983, slightly lower than the US$1,002 reported in the previous year.
that's some huge FKN numbers I must say'' and RRR royalty when 2024 prices is taken into consideration could be a lot bigger than the $3m expected
we will see..
Https://www.proactiveinvestors.co.uk/companies/news/1046673/trident-royalties-income-boosted-by-strong-gold-performance-1046673.html
this link reminds me that we are also expecting some royalty from one of our 2% interest'' and that we will here more in this regards ferly soon ? HP'' / NEWS'' will know more about this than me, and would perhaps go into a deep dive on what other gold play we may still have an interest in ATM... waiting on royalty
Regards
Seems to have recovered it's losses from a low of $2801 this morning and now firmly back over it's base of $2300 and still looking good for next month expected $2500 and should come just in time for RRR soft production launch ? another positive is that the trolls did not get the drop they crave today with more sells than buys, although the 7m worth near the end @ 0.052 look like buys, an improvement on the price'' but can't be sure...
keep up the good work NEWS / HP'' / H50'' / NIKE and all, we are very close despite the day to day noise to put us off
REGARDS
Just listen back to the interview, and it was very good to here AB said'' we have already got a partner in Burkino Faso and when it comes to funding they will send us as much as we need to get production going and all the equipment we will need hmmmm it suggest to me that AB has got in with the local government bodies that controls the area and the mines in this community'' a local partner can only be a good thing when it comes to the illegals, and another big + is that we are going to sell any gold find there immediately'' to start getting revenue in from day1 more patience is required I suppose... as there will be a lot of building work going on to house the staff and fencing going on to keep out the undesirable and perhaps all the security we will need if AB is also building a GOLD STRONG ROOM ??
looking forward to next month and the news flow that should come with it...
regards
Been around these CASINOS for years and see certain moves and signals, and I get the feeling that after 10 good news of progress from last year to now'' that our NOMAD is a wrong on'' and that his firm is looking more and more like an inside man, that have been gotten at'' and if AB don't get rid and replace them they will advise the same again and again when our SP should be going on a run..... with GOLD & Lithium on a historic rise
see what happens in the days ahead
regards
0.0525 to 1p is not impossible in this gold rush, I'm super super excited and will not be put off by trolls, that fester these threads, or dodgy NOMAD REACH RNS that seeks to hold back the rise, but have now worry in bringing a 7am regular RNS when it's a funding call so everyone can see it... ???????? to get a drop..... I see what I see in these casinos.... and it's FKN nasty.....
and will never talk to trolls no matter how desperate they get for that reaction, they can talk until there mouth stink LOL!!
Morning HP'' / NEWS'' / H50'' / NIKE'' we know the grades are high and that the geologist report was very positive, and that production will soon start in a few days time, and that SP is still on the floor because of how this good news was relayed to the Market, but I'm still excited about the future for RRR and all it's genuine shareholders time will tell..
anyway 4 trades so far 1 trade over ask so we should soon start to see some movement north''
GL
Not a lot to say today really apart from we always get a drop on good news'' because of the way NOMAD structure what should have been a milestone RNS with REACH NONE REG low key does not show up on every platform NEWS, FEED, meaning the good news of first gold JUNE, and the excitement of our geologist as to what he has found there in the camp gets hidden in lots of waffle about illegal that we already knew about ? and DRC ongoing'' VERY CLOSE, that we did not need to hear about ATM, if the CASH is not ready yet, it was as if the NOMAD wanted it to be another duster with no movement, even the 8% drop was over the top with only 15m sells to 12 mil buys'' been that there is 4.1b in issue, I really don't know what AB has to do to get a rise recently trolls bashing all day or not.. perhaps we need to change NOMAD ? after 10 good RNS in the last year with no movement, and several excellent interview with no movement, perhaps AB will have to rethink the way'' should be SP moving RNS is communicated to the Market, if he really want RRR MC to grow in this gold rush like everyone else like we know it will from these depress levels, to finally give the Shareholders value that he craves.. and talk about regular, I suggest he tell the NOMAD to stop jumbling it up with none essential news if they must stay'' ? and just stick to GOLD and what the geologist find / next RNS wash plant and equipment delivery / FIRST GOLD JUNE and when DRC cash come it will be a bonus, we don't need to here about it in every RNS we only need to here about it when it comes ? FK the illegal we will clear them out silently in the weeks and months ahead, we just need to start digging out some of what they are getting on our acreage for now'' LOL!! i bet it's a few £££mill, get in with the locals give them a job if you have to, and start bringing in revenue from day 1
ANYWAY just wanted to shear my thoughts without malice on the recent excellent interview on this excellent News. to the genuinely invested as i don't talk to trolls, and as JUNE is only days away one can only hope that the next SP Milestone of first gold don't get jumbled up again in none essential, and that AB don't leave us to the wolves baying for blood for another month and keep those RNS coming regular keep it moving'''
Regards
Saintnick'' it does seems a little bit odd that Anavio have gone quiet, if they are owed that much ? and even stranger than that'' who actually own that 1b shares, as it was not sold in the Market as far as I'm aware''that 27% £2.5m worth @ 0.15p seems to have been transferred to another owner in 3 lots 10% then 13% then 4%, before suspension we did not notice any big sells at all... so someone still own them''
yes, lots of question with no real answer forthcoming
regards
Can't be too far away if it was done at 11an ? watching and waiting ATM, and this is not the time to engage with trolls IMO, as AB AND TEAM can do with all the help and support they can get in there quest to get production going ASAP arguing with trolls who is desperate for a reaction on there every post in these delicate moments certainly won't help the cause..
BTW ZAK IS NOW CHARTING DAILY GOLD and he is saying if it holds above $2310 like its been doing then the next leg is $2400 +
The last $2.5m loan after the default notice was received (smoke & mirrors), 20% shares worth nothing now.
IS THE KEY TO THIS FRAUD SAINTNOCK'' AND IMO, SHOULD BE THE REASON FOR ANY INVESTIGATION BY LSE / FCA / FRAUD SQUAD to stop this give away on the cheap, to cut shareholders out of any return on an asset that is worth at least $500m with production still at 1000+ BOPD without gas injection with oil now trading close to it's 5 year high''
shareholders needs answers from PK and COPL and the relevant authority to try and put right this wrong ASAP and there is no reason why PK should hold back the GM of shareholders to explain the next step and our fate ? something back or nothing back...
Regards..
Authorities traditionally struggle to control the artisanal sector which, the mines ministry says, produces an additional 10 tonnes of gold a year. ??
THAT'S A FKN LOT OF GOLD ON THE MISSING LIST FROM A COUNTRY THAT CAN ILL AFFORD IT'' IT NEED TO STOP NOW''
The CEO and other senior personnel will be on site to oversee camp preparations from late next week, with a view to starting operations at scale from early June after arrival of personnel and equipment. This timetable is subject to no further delays at customs or in passport issuance or other official paperwork requirements.
Red Rock CEO Andrew Bell comments: "We are absolutely committed to driving this project to scaleable operation within weeks. Great progress has been made to overcome delays, and we have been working, and will continue to work, day and night, seven days a week, on this critical project implementation phase, with strict cost control."
IF THEY DON'T PUT UP SP ON THIS UPDATE TODAY THEN THEY ARE BEEN A CNT''