Member Info for Northman1

Well surfer they have spent millions on extra inventory after the bridge collapse an entire quarters cashflow as I recall so I would hope they have maintained this at that level.

The sanctions are reported on Reuters. I'm just not sure how many land borders that covers, I'm guessing there will still be some open and hopefully consumables can be brought in that way?

Update on what? I wouldn't expect Q4 results till Feb from these guys

Regardless of whether this eventually does something or not this share is without doubt the most boring I've ever invested in. I've invested as a punt but jees some sort of press/media on something would be nice, just to confirm they haven't all died or retired and forgotten to tell us.

So we were debt free for a quarter after all the hype about being debt free this year. I imagine well be about 10 mill back in debt at the end of this year would be my guesstimate. If our contractor can't maintain their equipment can I suggest our contractor maybe needs replacement. We spent millions on additional inventory last year to prevent that sort of failure yet still we fail. It honestly mystifies me how such a great set of projects can be so messed up, year on year. Are we seriously expected to believe that 4 days of disruption dropped the gold poured for the quarter from circa 25000oz to possibly less than 15000? I await the excuses

Bit surprised there is so little going on based on this news, I thought there might be an uptick. I guess they need to start making money first, sort the ASIC out and get some money regularly added cash.

No big trades as yet so presumably no real II interest.

If Leon is a control freak well he has managed to get the share price to quadruple in 18 months so he's doing OK in my book. Colin is a bit more of a liability and has out and out fibbed in my opinion this year regarding the placement.

Do we have any numbers on the size of the cobalt resource we have. I've seen it mentioned on several of the tailing dumps but no numbers attached. There mention in the presentation of possible cobalt facility to be built, but nothing about how much there is or possible production levels we could generate

I would suggest to you Brain that if these other posters on this board are as you claim rampers, firstly they are allowed to do that, in the same way as you are allowed to de-ramp. Secondly if that's what they are they aren't very good at it because the share price has barely twitched for a very long time.
I would suggest that the vast majority of investors here are just waiting, what for, either good news or bad we will find out eventually but in the mean time this share will continue to float along in frankly quite a boring way.
I would suggest you may need to find something else to do with your time unless you have any actual proof of anything you are claiming which I sincerely doubt.
GLA

Only problem with Greenland is it takes ages to get all the permits. Also a growing problem is there isn't anyone there to do the work. This will change in time but its a slow process. Bluejay are still not getting on with it after years and only got the permits this last year. Even if resources are vast they don't seem to add much to the share value.

Thank you Bonker99.

Our market Cap is beyond lunacy but I do understand why its there unfortunately.

For the stupid amongst us, like me, please can you explain this anomoly you have mentioned. What do you mean by 18.2p loan money?

thanks

As they have mentioned there are many kms of these ridges yet to be drilled/explored so I think another 90MT is quite achievable if the structure remains consistent , all will be revealed in time.

Another good RNS, we're basically swimming in gold. I really like to get the one that says we have 100% of the land though not this 97% or whatever it currently is. I know we'll get it but it would be nice to get that hurdle out of the way

Instant Expert
Yes its odd that that the utilisation is similar with outage but if that's the case how did those outages lead to such a massive loss in production. That's about 20% of the entire quarters production supposed lost due to outages yet as you say utilisation is same as last Q?

Regardless whether we're EBITDA positive we're still a bloody long way from 2500 tones per year. If we've moved to 7 days early September then be nice to know what increase this lead to as we can presume that this would progress through Q4. Annoying to lose 40 tons due to power (must have been out for a long time). Otherwise we need to know what they can do to continue meaningful recovery increases. Whats happening with Regua is that all on hold, that was much higher grade?

With the wholesale cost of gas as it at the moment, its a damn shame we're not online yet.

I'm a little surprised that Slater buying such a large additional stake didn't shift the share price more. Do we think that he bought a chunk of the placing shares hence the lack of movement or am I barking up the wrong tree?

I confess to being a bit disappointed with this RNS. Based on on the previous results and our "exceptional/stellar" earning growth and presumably therefore profits. What are we spending all those earnings on, that we require not only a new placing to cover the new projects, but also as the clown points out an additional 12 million for something else?
I think JLP are doing amazing things but they do seem to be getting a bit confused /more opaque of late.

JLPPositive. Do you not think we will get the zinc circuit going this half then as they have previously stated?

I have said many times that cleaning up Kabwe's waste dump that we now own of the lead and zinc that have made Kabwe the most polluted town on earth would give us tremendous PR. if we are starting to work with government backed companies I would think progressing this project can positively impact those new working relationships and increase our own backing from the Zambian government?