Member Info for pj70

Do agree with you Bigshow. I think they had a PR/IR c*ck up here as this should have been in RNS.

The RNS is not just for compliance but also to showcase your company and they missed a trick here

If there was disappointment in the timing of the strategic review then you are a trader and were looking to get out so i expect this to bounce off £7 quite strongly as those exit positions in a tightly held stock. Those willing to hold and watch more exponential growth will do well here.

Last two trading days has broken a trading range so be interesting whether there is news afoot or just MMs playing games

Yes bigshow and the results were very good and the below statement is what growth investors are looking for which is what i wanted to see:

Record quarterly revenue of approximately US$24.9 million and record quarterly adjusted EBITDA profit of approximately US$2.2 million in Q4, reflecting a 9% adjusted EBITDA margin

Full year revenue of 80m but 25m in last quarter so the ratcheting up of revenue and bottom line is happening as you want with a tech stock. The annual EBITDA was 5.1m so to get 40% in the last quarter shows where this is headed and then the dropping the onerous contracts in 2026 i am sure we will see some write ups in the financial press and potential broker notes next couple of days. Very positive result.

Not necessarily as oil price will shoot and that is not good for metal prices - so not sure which way good will go if they do attack Iran but certainly oil will go up

Element - as you rightfully know they will blend the grade. The underground hoists do 4.8mt and are currently only running at 1.2mt. So thats part of your answer to get to the 400k oz delineation mark.

When is the million dollar/pound question as the WDU FS is not until 2027 so one has to assume that the MDU has more to give for the next 6-9 months but nothing assured and that they are further developed in stripping Stage 2 than people think.

JPtop - interestingly when you add the current non sold ozs that GGP have the cash balance is close to 1.15bn already so add march qtr and we could be close to 1.4bn although i am aware there is a corporate tax payment plus capex to be spend so unsure on the values of them

As far as tonnage goes and MRE you stag2, Stage 7, WDU and still extensions to MDU to be added to the MRE. One would suggest a minimum of 150mt between the four areas as a conservative estimate with the plant doing circa 20-22mt a year you can work out how many extra mine life years that Telfer has as a minimum.

Seplat on a move here today and looking good for further gains. Be interested in a chartist view at the moment

Thanks Lee

Sorry Lee i am confused - if the old man is transferring his wealth to his children would that not be selling down the stock not buying?

Which analyst upgraded to 106p and do you have a link?

Smooth the biggest risk and relies on outside assistance is the electrical hookup. That will determine whether we produce gold or not regardless of everything being ahead of schedule.

Looks like 158 is the key level that needs to break for an upward move.

Would suggest there is news coming if 3 directors buy into a stock with there own money.

Onions i got the impression that with only "two more reports" to be delivered that they are very close to getting approval for Touro and the fact that they are recruiting staff and this was mentioned was another positive. Not sure timeframe of delivery to production post permit sign offs but all positive in an elevated copper environment.

5200 - 5300 tonnes a day with 25 days down time a year for maintenance etc

KAT agree as the market cap is circa $600m vs circa $200m EBITDA.

Market wants to see continuity and as soon as they get that PLUS being shown the growth then this will rerate in my opinion but needs those things to happen in Q1 to give it the nudge it requires for confidence.

Breaking the trading range of last couple of weeks and the director and CFO buying the last week in the 140s will certainly help the SP

Any reason why silver up 4.5% and Fres down? Normally the SP follows the silver price.

Just interested in anyones point of view on trading today

Colin Bird is CEO of Bezant resources who Charles Archer has also written up and been pushing!

I would suggest what will drive this price anywhere near £1 is timelines for further production AND the uplifts in reserves. Douta is currently i think 1.7m oz and that was sometime ago so may see an increase there substantially and then you have the uplift in Seligola and Cote d Ivor areas for exploration. Still wonder whether Endeavour would look to buy us out after Douta is signed off - any thoughts?