Member Info for ogm4

Emma Priestley, CEO of GoldStone, commented:

"I am delighted that the Bond Holders and AIMS have been supportive to the Company to avoid impacting the Company's operational progress, allowing us to continue to focus on moving towards our target of near-term gold production."

https://mobile.twitter.com/GoldstoneRes/status/1412393182642507779

Board still believes it will start to produce in Q3, so within the next 3 months.
At least that's what they stated in this week's RNS.

The Board has continued with its focus on fulfilling the Group's objective of becoming a gold producer, with production expected to commence in Q3 2021, despite the setbacks that COVID-19 put on the development of the Group's Homase Mine, which is set within its Akrokeri-Homase Gold Project ("AKHM") in Ghana. The Group maintained momentum and it is with considerable optimism therefore, that the Board look forward to the remainder of 2021 and what it believes these coming months will deliver as the Group nears the production of gold.

#goldstoneresources

https://mobile.twitter.com/GoldstoneRes/status/1409425704794603525

Only final inspection left prior gold pouring

Could be a matter of days or a few weeks before gold production starts

.

And a few operational pictures to start with would be nice

Plenty of news coming soon:

- First Gold pour
- Updates on Mining rates / Stockpile update
- Drilling Homase Mineralised Trend near 602,000 ounce JORC resource
- DEP and market update in Q3 (i.e. starting next week)

Would a p/e ratio of 5-10 be justified at the end of this year?

Assuming a continuous production of 25,000 oz/year to start with.

What is the average P/E ratio for a producing gold miner?
Anyone?...

With 25,000 oz production this year ramping up to 50,000 oz next year GRL seems rather undervalued.

Cheers, I'll have a look

When was the last interview held with Emma, anyone?

Indeed, nice £14k buy appearing

Goldstone +7%

https://www.kitco.com/news/2021-06-01/-Gold-stocks-best-buy-since-1980s-Gold-price-to-double-but-gold-stocks-could-see-10X-gains-in-next-3-years-analyst.html

GoldStone Resources

@GoldstoneRes

·

3 m

#GRL #gold GOLD STOCKS BEST BUY SINCE 1980'S Gold price to double, but gold stocks could see 10X gains in next 3 years - analyst

The Warrant Exercise provides £1,500,000 of additional funding to the Company.

More warrants

GoldStone Resources

@GoldstoneRes

·

1 hr

#GRL #gold EXERCISE OF WARRANTS

https://bit.ly/3yQR4CO