Member Info for RiserThames

WOW! GOLD EXTRACTION HAS STARTED. IMC EXPLORATION IS NO LONGER AN EXPLORATION COMPANY BUT AN ACTUAL MINER. THIS IS HUGE. REVENUE NOW FLOWING WITH CURRENT GOLD PRICE. THIS IS GOING TO BE GOOD!

Seems volume low as waiting for the half year report which is imminent. Has a date been confirmed for that?

A P/S ratio of 0.25 seems very cheap for this sector. Lowest reasonable should be 0.5-1.0?

I had a look and can see on previous accounts there was annual revenue coming from the Karaberd mining activity. With renewal of license and new operations any idea what the expected revenues will be? More or less than previous? And resulting profits? Seems it should be significantly higher or am I missing something?

Any thoughts? Karaberd mine should be up and running? Further info on the Irish mines?

Quite a few news services picking it up now. Do we think it'll head up? One suggested breaking above 2.85 in the near term.

More good news released this morning re. gold discovery in Ireland.

Anybody seen or have any idea when they'll report on production commencement/output? Previous announcement mentioned finalizing agreements before production started. Wonder when that'll be released.

Looks like demand is back after a quiet few days. The Sunday Roast lot are well regarded and if they're saying it looks extremely cheap...

Saw this, they say it 'looks extremely cheap,' even after recent rises.

This cycle post is wrong IMO regarding IMC. The uptick in IMC was caused when the announcement was made regarding license extension, don't think the gold price is the big driver for IMC, instead imminent gold production which stalled previously, and license extension. This is not about the gold price IMO. It's a fundamental change for the business.

Looks like day traders took their profits once it hit 2.50 which caused a downturn, but bigger traders have bought back in. Tomorrow will be interesting.

Doesn't appear this will stop. Need more sellers! No stock available

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This looks like gold! Pardon the pun. Based on the numbers this look very undervalued. Buying in! More than £100m+ of extraction, MCap only c.£5m.