Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
294km of drilling, let that sink in...2..9..4..km!
Crazy that people still think this may not become a mine and that NCM and GGP are still trying to "decide if enough gold down there".
Its happening guys, its a question of when and how much, rather than if and is there enough.
@Zoros,
You are extremely naive to think that a CEO / BoD isn't judged also on share price performance. Company performance and share price performance whilst at points can become disconnected, should go hand in hand. It is about proper communication to the market.
Go back to reposting your timeline mate and stop thinking you actually have a voice people listen to.
I am still a staunch believer in GGP but Shaun Day really needs to address the continual share price decline. I understand he is doing what he can to strengthen our position going forward, but the market obviously doesn't have confidence in him currently.
A share price in the 7's is predominantly his doing given the heavily discounted equity raise which he oversaw, adding another 1bn shares to our register.
He spoke about going on the offensive in 2023 but so far he has actually pulled back and stepped in line with Newcrest.
Unable to attend tomorrow evening but hopefully he can address this and give us shareholders some of our confidence back.
Accionista have you considered group accoutning or fungibility of cash across the group? Just becuase monies are placed at a subsidiary, does not mean it is not owned by KOD.
That's like saying the transfer of assets as part of the JV means they aren't owned at all by Kod anymore.
Slight cross ramp but Kodal Minerals is worth looking at. Recently received the JV / funding package. Now fully financed through to early production in a very strong lithium market
Definitely worth a look!
More great results? Yes?
Increasing rate and advanced decline? Yes
Additional extension of mineralised area? yes
Additional depth of mineralisation? Yes
Share price increase? No...this share baffles me!
You are correct Summit in terms of actual cash in hand, however shares are priced on a forward looking basis.
A higher gold price translates into higher future revenue, and therefore discounted back in theory means a higher share price.