Member Info for Northman1

I'm choosing to believe that the delay in the RNS is due to the pile of cash and gold being so big that its taking a long time to count. Alternatively that the pile of ORE on the ROM pad ready for the wet season is of such biblical proportions its difficult to calculate. I'm choosing to be optimistic.

What is it with AIM, when a company gets good news (increase in orders and possible help to finance build) the spare price goes down? Or it just everyone shifting their money into gold so other stuff drops.

I thought they had agreed 5 million in financing back in March. Has this not worked out then?

Interesting that they managed to get their ASIC down so much despite Covid

Thanks all makes a bit more sense now.

Jammer
I keep hearing about these trade payables. Can you elaborate on what these are and why they get excluded from the ASIC and why they don't seem to get report in the updates. I find it quite annoying that companies can't be straight up about such things.

Think clearing $1000 an ounce this last quarter is probably a bit optimistic. last quarter ASIC was 839 (be nice if they got this down next quarter) but they have warning for extra $100 due to Covid, I'm assuming that is on top of the last quarter ASIC.

That being said should still be in region of $800 an ounce so 24 million for the quarter approx.

End Q1 net debt was 34m debt less 17m in gold and 8 in cash so 9 million net debt, so this quarter we should be net debt free and a very healthy balance above that unless there's been any ****up's. Aslo of course hopefully drill results sometime soon
I'm assuming the airfield was completed so hopefully been shipping the gold OK. Anyway all to hold for.

Crikey I haven't seen that digit at the start of the share prince since I bought all my share. Luckily I'm already sitting down.

Can someone please explain in layman's terms what the problem is with Cornerstone, I'm finding it quite confusing.

Morning all
I looking a taking a position here however I use HSBC for my investments and they seem unable to give a live price, just the price at close of business last night. Has anyone come across this before, seems a bit strange?

If you think that's mind boggling explain to me how GGP has a market cap of north 400 million and doesn't even have a jorc resource let alone producing and its resource is half a kilometre underground?

Do we presume this is our consistent seller then? Could go on for a while then depending what they want to drop to unfortunately.

Didn't Shanta have a issue with government failing to pay them back their VAT. I looked at them a couple of years ago and they were owed millions. By the government. I always assumed it was government risk that kept that one low, though to be fair to them they seem to have made steady progress over last couple of years.

Come on Alba just another 500% and I'm back in the money

Anyone know how long these things take to get their status sorted out. I'd like to buy in but bit stuck.

What do you think is finally happening? all reports are that we're effectively on hold for this season due to Covid?

Can someone explain to me how Great land Gold has managed to get a MCAP of north of 300 million without even a maiden resources and it target resource being nearly a kilometre underground. And we are open pit kicking out 100K+ oz a year and aren't even at 100Mil?
What am I missing or is it just AIM nonsense?

Looking at investing here but can't get their website to work. anyone else having issues accessing sections, of their website around projects and Investor stuff. Are there any recent presentation available somewhere else, finding it difficult to research them.

Sheesh this is depressing at the moment. Anyone know of when we should be hearing on how they went with the test bulk sample material.

What's with all the really small trades this afternoon, is someone trying to manipulate the SP with high trade volumes or is LSE having a melt down