Member Info for maqsood7

Mcap= 60mil(converting in usd)
Debt= 130mil.
Revenue= 30mil per quarter= 120mil.
Cost per oz= 800usd.
Profit per oz= 1100usd.
Profit= 16000*1100= 17600000.per quarter app.
Total profit=70,000000!!
Really confused!!
Gold producer with 70mil profit per year with only 60mil mcap????

3p In coming imo.gl all.

Some smart money moved in as soon as we close the gap at 1.65.
Many sold for loss or some sold for little profit will be kicking themselves..
Hold for gold.

Seems like very strong and busy afternoon guys.
Blue soon,could achieve 3p.

Gap is filled now and ready to move upwards. Remember this moves really quick,hold tight,gla.

Nothing has changed here??
Much upside from this levels,just hold your shares.

Just gone through.we know news is close and someone wants to have quick profit!!

some serious money is coming in. big orders it seems.

agreed,mms will shake as many as they can and will raise the ask much higher making sideliners buy at premium.better to wait here than selling and kicking ourself.

this is the right header mate.

michael the sp does not stay at one place. otherwise stock market will be closed!!!
they need to create market. sp was 7p back in march then it went up to 50p and then came down to 15p,now it is 20p plus.
it will increase with cash in bank news too and will increase or decrease with oil prices.so gl with whatever your position is.
if you are short here then think about it twice.30p will come sooner than you think.dyor.

smitty you might can come out with thiple or quadruple,who knows but according to all LTHs 10p is quite easy to achieve.gl and dyor.

our average production is 16000oz per quarter.
gold price increase is 500usd per oz.
now do the maths..
8mil usd per quarter and 32mil per year!!!!!!!!!!!!
with new equipment if production increases to 20k which is company trying to achieve then we will pay debt within 2-3 years only!!
significant upside here.

shorters are worried want to find the market sentiment and also trying to put negativity among the pi's.
see you at 30p!!!dyor.oil will start direction soooooon.

also looking at Q2 2020 we produced 14908oz gold with restriction in place due to covid,that is impressive. now we are fully operating and can produce more with new equipment purchased Q3 2020 will show some big numbers.(expecting 17-18k). and gold is higher will show some really good adding in cash position which is already above 5million in hand!!dyor and hold for gold.

the production was increased 43% in 2019 with new equipment, and was improving more in first quarter of 2020.gold was sitting at 1250-1300 in that period which is now 1900!! also company manage to restructure the debt facility.company posted operating profit first time since they started production back in 2016!!

500m cash in bank news is coming. also oil price is expected to go little higher with chart is showing head and shoulder pattern.....

50p plus might not be possible but at 10p we will be sitting with mcap of 200million which is not quite unreal,it is achievable.

this is the best share at the moment.
trading statement is coming this week or next and we will go much higher with revenue increase figure because of the gold price increase significantly!!dyor.

we got debt,but will be soon paid off. did you see the last year results?? those results were achived with gold sitting at usd 1250, now gold around usd1900 will be 50% extra profit and also new equipment will increase production!!!
this is just the beginning,wait for the real rise here guys!!!