Member Info for RichTheNewbie

I know what you mean - but I'd prefer they didn't do that. As it just steals the thunder of the actual update when it happens.
Better for the directors to just fill their boots with shares now ;)

I don't imagine all the buys are just PIs - you've probably got II buying as well as selling. Only one of those things is finite by definition though ;)

Another fine attempt at subtly trying to put anyone off buying with some guff about II's. You could save a lot of time by just posting "Please don't anyone buy now".

Tony - indeed, plus imo that's very conservatively attributing little or nothing to more exploration success over the coming year(s), which I'd be very surprised if there wasn't some at least. Fingers crossed for no more hiccups and this could be a very exciting few years from this now low base.

Really is an exceptionally silly list of criticisms from the Colonel's lackey....it's now bad the company raising money at a good price, having to give a cut to a government like every miner - shock horror, buying an excellent asset from Barrick is bad, hedging production in the past - like most gold miners do was oh so silly, etc, etc.
Always get these clowns on a drop, trying to squeeze the final few sellers out, for their own benefit.

That didn't last long. Couldn't last a few hours without thinking up another contrived way to say please don't invest here.

Cplloyd - yeah, you're right to correct that post which was a bit hurried, as the value of stuff that's been left in the ground is ballpark $12m, it will depend how much of the costs are fixed and how much are variable, but yeah, in the short-term, in terms of cash-flow, it'd be less cash flowing into the account, however in terms of assets/value, the gold is still there in the ground rather than having vanished. The taxes/royalties would have been paid on it in short-order anyway - so it's probably more like half this number in terms of short term cash-flow that would have been sitting there.

Colonel - You're just putting 2+2 and making 22, then claiming you're right, all because a piece of 3rd party equipment broke down. That's nothing to do with an ageing mine or any other picture you're trying to spuriously paint.
Do you know what the next problem is either? My guess is NO. Well it's not a guess.....you don't know. Unless you're a saboteur of the site as well as the messageboard ;)
The reality is you're trying to make out like everything is a disaster, because of a piece of duff kit which has now been fixed, and which doesn't relate to the issue earlier in the year.
As I say, I think you've been making rather transparent attempts to scaremonger since you sold, and I imagine it'll stop immediately if/when you buy back in, in the future ;)

You can think about it like this:
The guidance has moved by roughly 7koz.
The problem is resolved.
What have the AISCS been lately? Probably about $1400 with the issues.
So that's probably ballpark $400 * 7koz of gold that this won't have in this quarter and that's it.
So you're probably looking at something in the region of $1m of cash after taxes etc (give or tax a bit).
$1m less money made in one quarter has led to a 25% fall in the MCAP.
Bonkers - but expected on AIM.

The short term share price doesn't have any bearing on whether anyone has a point. That doesn't make any sense. Any bad news on AIM is always hammered. Just the way it is.

And then a few sold into it. And then another couple of buys. Going to be a yoyo-day. Time for a coffee I think ;)

Interestingly looks like we have a buyer in the market, someone's just taken 200k at 10.2p and WINS are on the bid at 10p, better than it looked upon opening.

Knew it wouldn't be long before the Colonel turned up to crow, having got lucky that a piece of kit broke down, therefore giving him a spurious excuse to say it's suddenly all the end of the world, and somehow makes him right, and somehow has anything to do with the grades.

Yeah just what I was thinking. Roll on 2022!

Judging a share on its price is a fools errand. Especially in these markets.
One minute it can be one price the next double. In the days of algos, technicals, sentiment/momentum trading, etc etc, you get further away from a price that’s entirely based on what the company is actually doing.
It can be annoying or frustrating…but by the same token it can throw up bargains with the potential to make more money than ever would have been possible were this not the case.
If you can detach emotion from buying/selling, and reading very much at all into short/medium term movements, you’ll probably do better. Easier said than done and all of us are prone to it unless actively remembering this and consciously avoiding it.
I know how many times in the past year I’ve picked a winner and then sold out too early because it didn’t look like it was going to rise, or rise much more. Has cost me a fortune…but live and learn ;)

Making over $100m, with next years production set to rise + costs going down with the new plant, and a good dividend. What’s not to like. Crazily undervalued.

4% up, that should have said (altho actually finished over 5% up I see now)

Results tomorrow but the RNS headline says today…woops. A minor error tho….unlike CLIN who RNS’ed approval on a drug in their headline….but the content showed the opposite and it actually had not been approved! It then lost 7%…before rocketing back and finishing 4%
Mental markets at the mo!

SHG just tweeted an interview with EZ, so for those not on Tw*tter:
https://pbs.twimg.com/media/FFgtqUKXoAENYOs?format=jpg&name=4096x4096
https://pbs.twimg.com/media/FFgtruvWUAAvDAQ?format=jpg&name=4096x4096
https://pbs.twimg.com/media/FFgttNHXsAEbiQQ?format=jpg&name=4096x4096

That's from Shanta's own scoping numbers Redhill (just guesstimating the costs).
By the time it comes around to starting to spend on that Shanta will already be producing from both NGLM and Singida.
They don't even have a pre-feasibility study yet, let alone a bankable feasibility study, and as BooBoo says, it may well end up being partnered if a giant resource is shown (and, if not, I'm sure they could get it project-financing, on top of Shanta's cash flow at the time, which will be significant, assuming the gold price hasn't tanked).