Member Info for RichTheNewbie

Touch wood ;)

Looked like we cleared the main seller yesterday and probably just need to shed any small-rise profit takers now.
This should be nearer double this price with gold where it is and the state of the world.

The only thing you really need to know about L2/trade feeds/etc is that they're a giant game of smoke and mirrors!

I do but have no idea what you mean ;)

Pretty simple really....must have been someone selling.
Really doesn't make a diff who it is....probably every dodgy Russian in London has been flogging everything they own right now.
Whoever the Peel Hunt is, they could run out at any moment, and then it's game on.

Are you looking at the table that says:
"The below table summarises the Company's major shareholders as disclosed at 17 December, 2021" ;)

Would explain the selling but what are you basing that on?

Good for my HZM i imagine....but more relevant to here....gold now broken 2k and currently at $2014!

Now just need Peel Hunt to finish dumping and we're good to go....dodgy Russian on their books flogging all his assets?

Still heading north. Tested $2000 once already and heading back up there again at the moment.
Gold miners are very mispriced right now.

"but a bit of buying can quickly push us back up and to the opposite"
should have read
"but a bit of buying can do the opposite and quickly push us back up"

(I really should proof-read my posts!)

It's the up and downside of the low amount of stock flying about.
Those few big dumps move us down an OTT chunk...but a bit of buying can quickly push us back up and to the opposite.
Swings and roundabouts.

With the state of the world (markets)....a margin called forced seller isn't unsurprising sadly. Gold currently at highs of the day again.

Probably should have actually finished my second sentence (where, with reference to Centamin, I was reflecting on the pullback on gold stocks, that happened when gold pulled back, but which are yet to reflect the rise back up...and continued upward trend).

I just bought a few more. It's a steal.
Similar thing happened on Centamin.
Gold stocks are yet to reflect golds performance properly in this climate of fear (and inflation!).

Funny thing is, I actually think we're in a key time, buying wise. The results will just tell us everything we already know about last year's underperformance. So I imagine some might speculate this'll be negative and not buy now and explain the illogical price weakness. However, if the reaction is "yeah we knew all that", and no selling, or there's any post-period/new positives, and buying, it could be the final negative out of the way before we're into the period where production will be rising whilst getting ever closer to Singida on stream too.

Sorry, ignore that, whilst the quarterly last year was around the date I suggest, there was the final results in between, on the 2nd March. So yeah those could be at any time.

MrFlibbles: The last quarterly update was 24th Jan. So if you add 3 months to that it takes you to 24th April. I'd expect it plus or minus a week of that date.

What's wrong with a bit of positivity or "bullish statements" as you call them?
If your partner was saying "we're nearly done" you'd also probably be saying you believe things are nearly done.
Let's just say DOID couldn't get someone out there to check whatever it is, and that as a result of this delay they've now reached the point where the bank say "we'll be sending our guy out there in a month anyway", and so DOID/ARS instead of duplicating the work, get agreement for the bank's expert to also provide them verification/input they wanted. After all the RNS says not just that the bank are sending their expert to verify things but that "Bank appointed Independent Technical Expert (ITE) to provide input into feasibility study update".
That seems perfectly logical to me.
I don't really understand what you're trying to suggest - it's all very conspiratorial but can't make any sense of it.

Adw198 - as I say, the chances are you're essentially slating the company for something outside their control.

Let's say DOID come to the table, and time is spent with the company agreeing a plan for them to work together in the future, and this gets reported to shareholders in November. They continue working with ARS progressing things, but say for sign-off they still need to get the duedil done on the assets, and haven't been able to due to availability of their preferred experts to come in review and sign off. Do you chuck all the work in the bin and go back to square one - or extend the timelines with them whilst working on the bank financing part too?

Let's say this is the situation, and there's no reason to think it isn't, then all the criticism is entirely unjustified, and simply impatience (fairly common on these boards). Nobody likes any delay but if there's any criticism due it would seem to be of DOID playing silly b*ggers rather than ARS.