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Finding it strange that the we are still in this range. Gave me doubts. Been through all my research again and cross checked everything still unbelievably undervalued. I work out that we are adding 1mil pound a month to cash flow at these gold prices
Nice results as was expected. 800k payment for ore sorter. If these results were based on the rise of gold price then operating profit for q3 stands at €4.3 million as 2.5 million in extra is generated by increased gold price.
Fair play, apologies. Not expecting much tomorrow in the results as gold price was steady. Cash at 13.5mil USD. What I am expecting in very good and exciting future statement. Q3 results should be tremendous. No reason for that drop today, value will prevail at some point.
Average gold price received in q1 4850 now over 6000 convert to usd to gdp an extra 240pound on every oz. An extra 800k in gdp added to cashflow every month. Year end cash must be well over 22million at this rate.
It's a good read. A long way to go here, adding one million a month to cashflow flow and huge upside with coringa. Q3 results are the ones I am looking forward to with gold price in real at all time high