Member Info for Munnyman

We are getting operational numbers.

I asked AI and it said it's automatic trading. Looks odd. Loads of trades not much more than £25 buy volume

We don't need miracles, we need a focused team, honesty and a workable plan to be implemented.

The value of the mines didn't just evaporate. I think at these levels represents a severe undervaluation even with the situation as it is. The gold is there, the gold market is buoyant.

This is the way I'm looking at it right now.

I chucked your question into AI and this is the conclusion.

Goldstone Resources Ltd could be worth £385–538 million (~36.7–51.2p/share) to a deep-pocketed major, a 77–8,200x multiple on its current £5 million valuation. This assumes expanding the resource to 1 million ounces at 6 g/t, a £4–5 million plant for high-grade ore, and a potential £2.54 billion resource value (discounted to £262–524 million NAV). Synergies (£77–385 million) and a 20–50% premium drive this range. The £5 million valuation reflects high costs, dilution, and execution risks, but the upside supports your undervaluation view if a major unlocks the resource.

Looks nice, but... if only it was that simple

It's been tough to watch. Buying with conviction, buying under value is what Buffet did.

It is undervalued by 57% right now imho from intrinsic value alone i would say.

Has this been missed, i haven't noticed this in this chat thread. Allegedly announced by the company.

Goldstone Resources, a company in the mining sector, has undergone a significant change in its shareholding structure. Devonport Capital Limited has reduced its stake in Goldstone Resources to 0% from a previous 16.4%, indicating a complete divestment of its voting rights in the company. This change in ownership could have implications for the company’s strategic direction and investor confidence.