Member Info for panman

Believe yesterday I posted the harvest cycle was 4 weeks. My bad as they're actually on a 20 day harvest cycle not the 28 day I thought I read.

So 160 kilo's every 20 days @ c. 2 euro's/grm and they expect to raise harvest yield by around 30% just with the greenhouse space they have available as is with 3 euro's/grm pricing once they're fully accredited.

https://ohridorganics.com/news/ohrid-organics-trading-update/

Well worth reading newsflow on Ohrids site imo .

Don't mind too much as recognize co's have to take what they can get re funding nowadays and as posted below its for pushing the tech.

OOPs bought a day early.

Will buy more this am but that explains the weirdness in the trading yesterday. Shame as the more I read on their cannabis venture the more I like the revenue potential.

"These findings on the impact of a single dose of SlimBiome® are consistent with other published studies, consumer studies, and customer feedback which have shown SlimBiome® reduces hunger and food cravings leading to users both reducing the amount of food and the type of food they eat, leading to more sustainable weight management."

and absolutely no need to inject yourself to get the benefit..

Garlic bread? Are you suggesting the pharma co's get the munchies too?

I think geezer has been claiming to have shorted from 1.5p on the advfn forums. Not sure I believe it as I'd expect the share to have risen had he done so but thats last I saw on it on the forums there.

Wondered what they were getting per gram. Thanks Stock, appreciated. That's a lot of euros already and as you say once they're up to 37-50T/year quite a business.

Think the markets missing a trick as it seems to still be selling down from the plastics newsflow spike.

Happy enough though as missed that one and appreciated the chance to get in now.

Thanks WS. Would think producing a harvest every 4 weeks will take some efficiency but if they can keep that up difficult to see them as fairly valued down here

Consistency with the high THC levels sounds good for selling to pharma too. Should imagine consistency is a necessity re selling to them?

This €4.5 million of canna goods they're expecting to supply this year take it that's going to be mainly from the ops they have so wondering how big revenue wise are they expecting to grow this side of the business /year given the expected 6 fold rise in production area planned?

Not hot here either. Sometimes think the only real heatwaves we get in the UK are the ones the BBC record with their weather stations on Gatwicks runways!

Will they agree with your presumption its market sensitive though? Not if they look at the sp movement since it was tweeted.

Think myself market sensitive info here would be they re started on pit 1 and grades are back up. Low gold pour was expected esp with the time they took to update. (imo)

Longs have been expecting this level of gold pour HarChris. Kind of explains the pre tweet selloff. We knew it was coming!

"They already have told their investors why production is currently low. Not their fault if the shorts can't read or interpret an RNS..

"Lower-than-expected ore grades in the final stages of the Pit 2 of operations, which is nearing the limits of the oxide ore, are currently impacting final gold production volumes, however operations will shortly be re-entering the higher grade Pit 1, which was placed on hold in 2023 due to the now completed relocation of a stream. As such, mining operations will re-commence in Pit 1 within a month, where expected grades are 1-1.2 g/t, which with increased stacking and the continued improvement in leach kinetic rates is expected to facilitate the achievement of our production target over the coming months."

They're mining less than 1g/T likely lot less so production is down.

If they do RNS Monday would be good to know the gold grade this pour relates to imo.

If they've worked pit 2 to the bone and this is 0.6g/T or so is the last of that ore then fair enough to be bullish going forwards as they begin producing from pit 1.

Agree need more info via RNS.

Its as good if not better than I've been expecting for next pour. Was going to stay out the stock til they'd got past this one as they did RNS they were into low grades for a while and since high grades were considered 1.1g/t didn't think worth investing.

Was only this weeks silly price pulled me back in. Happy enough with average entry price now and content waiting to see what next developments are good or ill.

atb for the weekend all,

panman.

How come you're not u[p with developments Fr? Everyone else seems to have read the RNS telling investors that they were accessing lower grade ore at the mo. Haven't you read it?

Agree re the bad form comment Hawaii and to be honest wouldn't have posted about it if it wasn't already gone 3.30 and most peeps probs already started their weekend.

Still a bit twitchy about a Fri night placing RNS but that's only because they never had a "know no reason for the fall" RNS this week.

Doesn't look like dore to me. Much different to the dore here..

https://x.com/GoldstoneRes/status/1843666233901887870

All it has to do (imho) is keep the wolf from the door til they get back to their better grades so happy enough for now.

Https://x.com/GoldstoneRes/status/1930991630976156027