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That's a very positive set of results again. We knew they wouldn't be as good as last year but none the less good profit made and strong confidence for the rest of the year!
Like you, I am puzzled as well but think the market has been spooked by the second lockdown etc, I agree the last RNS was upbeat and positive so hopefully the market will pick up on this very soon.
Pretty good! Especially when you think how bad the year has been in general. They have also won new contracts and the second half seems very promising,
Agreed! I think it will drop down again, however there is no doubt that things are looking very good for next year and into 2022. Hoping I can get in at a lower price.
I listened to the 1st Sept interview with BBR. I thought they were planning production in 2021 but at the end of that interview he mentioned 2022.
That's a great award which hopefully will raise AEG's profile a little more and attract more investment.
Nice update. Cyber security is a huge and growing market. I have followed this company a wee while and they look like they are going in the right direction.
Is there an internet login? or only phone?
It depends on which gold miner. I invested in Centamin [CEY] a few months back and it has paid a full year dividend and is about to pay an increased interim divi, on top of that the price has kept going up since the pandemic started after falling to below a pound. Also HOC fell below a pound during the pandemic before recovering extremely well to be currently over 3 pounds as I write. It's about timing I think.
I have to wonder how much negative impact the internal problems are having on the price. It is not clear which board will be in charge next week after the Monday meeting.
Be patient, markets often do abnormal things in the first hour. Wait til things calm down and watch it rise.
Another way to look at it is this, CERP has the producing assets and good looking assets that need to be developed. BPC only appears to have the 1 well, so if that does not produce stunning results, what is their plan B? the answer now is the CERP assets! so why are CERP holders only getting 24%?
Yes i know i did see that, But things change all the time with AIM companies and there are always loopholes. And even if they drill no one knows what is there, so clearly BPC are getting the much better deal. No?
Just seen the Potter interview, no real clear business plan about how they will develop the assets so very vague. Confirmed CERP holders ONLY get 24% of the new company...........why am i gonna support that?? What makes it worse is we have watched Leo's recent interviews about how excited they were about the last well they drilled and about the Surinam and the potential that has which no doubt brought in more excited investors and then only a couple of weeks later he has decided to mug us off with a poor merger where we get a poultry 24%, truly shocking. CERP has the producing assets and BPC has nothing except a well that may or may not produce something that they may or may not drill next year. I for one will NOT support this theft!!!!
However if only 50% of those deals come off, then the company will be up and running with a few good assets and they will be starting to make money. If more than 50% of the deals happen then, of course, it will be even more exciting. Assuming AC and co. are even half-decent business people then they should be capable of landing at least 1 or 2 of these opportunities and that will be a massive positive.
According to ADVFN the final unaudited results for 2018 were released in an RNS on 25th Feb 2019. There are no reports in March relating to the 2018 final results. Where did you get your information from?
I agree, and HOC has a high debt but CEY has zero net debt and looking at their last update the financial figures should be very good! let's hope so anyway.
Last year it was 25th Feb, however, according to the weekly email from lse.co.uk it won't be this week. But things can change.
30th January q4 results also covered full year!Gold production[2] of 148,387 ounces from the Sukari Gold Mine ("Sukari") for the three months to 31 December 2019 ("Q4"), totalling 480,529 ounces for the full year 2019 ("FY");
· Gross revenue was US$204.1 million in Q4, generated from 137,065 ounces in gold sales at an average realised price of US$1,487 per ounce;
· Gross revenue was US$658.1 million in 2019, generated from 470,020 ounces in gold sales at an average realised price of US$1,399 per ounce;