Member Info for Romeike

Not quite true, the recent statement clearly states that Homase is operating normally, which I take to mean at the very least the level guided earlier, which means debt is being paid and revenue is there.

"we still drop further than most"

One of the (hopefully) extra benefits of the merger and rebrand

My suggestions for a new name already went into IR :)

thank you, my calendars a mess, serves me right for updating things late at night when I should be asleep :D

Isn't this report out this afternoon?Did I get that wrong?

No matter what this company achieves against the odds there are armchair commentators with no interest at stake who like to throw in their unwanted wisdom. It is clear from social media that there were events going on the the area at the time, which may be related, or it could simply be administrative. There's simply no point speculating. Shareholders have been given reason to be reassured that core operations continue and the matter will become clear when the full facts are presented.

Spooked into selling would be difficult to achieve while the shares are suspended. As other posters indicate, the first line cites an operational matter, the second line rules on an issue at Homease. Logically speaking it suggests they had some kind of issue or indicident at Akrokeri.

So it does mention an operations matter in the first line:

"GoldStone ... notes the suspension ... following an operational matter.
The Company confirms that operations at the Homase Mine are continuing as usual and will provide a further update in due course. "

Would suspect theft, a security incident, safety breach or other?

THey wouldn't require a suspension for that would they.

Suspect perhaps theft, security incident or an accident on site?

"2 years later and the company is predicting as low as 56k production."

The post citing the above conflates many factors. Dhir's plan has focussed on improvements in Jubilee - that have paid of rather well from the figures in the update. Improvements for TEN are happening 2022, 2023 focusssing on Ntombe. The current problem in Enyenra is well understood and factored in. The figures provided include falls in production due to sold assets but not increased production from the aquisition of a greated share of Ghana production. Dhal seems to have a strong record of growing production at low cost and that is exactly what Tullow needs. Recovery from the profligate McDade years was never going to happen overnight. I am pleased with progress to date.

This is the smart position to take. After the demerger both emerging entities will be strong, independent companies in their own right (and also prize potential takeover targets at the right price).

Such a clueless post. Listing alone achieves a higher value without taxes and M&A banker fees so at 50bn this low ball bid doesn't make sense. Actually it is quite a way short, they would have need to offer around 62bn.

A major silver lining out of this whole fiscao for me is I got the Tullow strategy I always hoped for with a CEO who is focussed on getting the best out of the prize Ghana fileds and optimising efficiencies there. McDade and Co infuriated me with the way they used the Ghana assets as a cash cow to fund their glitzy tour of exploration opportunites and role play as a "major explorer" funding highly speculative exploration when all the time far better opportunites lie in the assets Tullow already operates.

Tullow is a premium FTSE listed entity. It isn't the first company to hit a temporary bump in the road thanks to mismanagement at the top and it won't be the last. Fortunately at its core Tullow is strong and the Jubliee fields remain a world class oil field. The recovery is tangible now and long term holders who hle, or backed up the truck on the way down, will do very well as theis uptrend in the commodity cycle plays out.

At £50 bn they could take this prize and sell off parts they don't need at a premium . The problem is GSK knows that tax-free sping off could give a £60bn + valuation.

It's meaningless. The Unilever board will have secured buy-in from the shareholders that matter in advance of even planning a bid.

She was not full time at Stratex, and in any case she effectivley gained full control of Goldstone from the bunch of useless old duffers running the (part) owner for next to nothing and sorted out the vast array of issues that were blocking progress. I don't like to see operational issues but its a fact of life in gold mining, just don't forget that bigger mountains were climbed just to get to this stage.

For what it is worth I've been following Emma's work for over a decade and I completely trust her to deliver.

Again, the emotional connection to gold. BTC outperformed every assets class for YEARS on end and still some folk cling to the past. Sure hold some gold or gold projects as diversification but if you aren't in cryptos, especially payments and DeFi, you are being irresponsible with your portfolio. Gold should be on an absolute tear but it isn't because of the movement from gold into cryptos.

Sorry but the fact your are speaking of BTC when alt season started shows that you are best staying will away from cryptos. IF you want to make SERIOUS money it will be in the altcoins. Bitcoin cash and XRP in particular show potential for massive % gains. As always with cryptos, just as with crappy penny stocks, only invest what you can afford to lose, and preferably remove your original capital at the earliest opportunity if you want to play extra safe.