Member Info for SEA7

should continue to rerate -

10p a share is only 3 x operating profits for the year.

way to cheap at present - the stock has been unloved and unwanted for years - this is just the beginning, as the company has finally addressed its issues and the proof has been unveiled in the update yesterday.

6p printed 100k shares

from yesterdays update ...re - one of the mining assets - anumso....We have had discussions with a potential buyer and will announce the outcome in due course. could be a decent sale.

company has no debt to speak of and has only been to the market once, in 14 years, since listing.

the number of shares in issue is the same as Jan 2018.

gold is 21% higher than it was in jan 2018

goldplat was trading at 8.5p in jan 2018

They are generating more profits now, than they did back then. - this rerate is going to continue.

historically, goldplat used to trade at a level of between 5 and 7 times earnings.

it did this for years, from 2006 listing

we are still way below that.

the company is making £100, 000 sterling in operating profits per week. £5.2m a year.

at 10p the cap is £16m - that is only 3 x the operating profits for the year.

and they are growing the business further....with facts backing it up.

this is the long awaited rerate of goldplat

yep - spread is higher than shown - market makers asleep

100K Shares at 5p printed.

the price has still climbed despite a lot of selling today, which is not unexpected, given the rise yesterday.

In my view, looking at the volume as a whole, what has it done to the price - it is up over 18% - meaning more buying overall, than selling.

background buying we haven't seen yet.

copy and paste the image as only half of it is able to be clicked on - you end up with somewhere else if you just click it.

the big grey square in the image is the tailings storage facility - that contains over 81k oz gold.

it dwarfs the processing plants - which are the collection of buildings to the left of it.

https://www.google.com/maps/place/goldplat+recovery/@-26.18356,28.3760346,1003m/data=!3m1!1e3!4m6!3m5!1s0x1e953c7c0ad6f0cb:0x55d161267ec00217!4b1!8m2!3d-26.1830918!4d28.3670227

this is the report that supports the amount of ounces quoted in that tailings facility...

http://www.goldplat.com/media/BAhbBlsHOgZmIjsyMDE2LzAxLzI5LzA3XzAyXzU3XzU4MF9UU0ZfRXZhbHVhdGlvbl9SZXBvcnRfMjAxNi5wZGY

there is a lot of strength in the price supported by the recent announcement - they were early with the quarterly update .

exceeding market expectations on the next five months worth of production.

That Tailings facility has 88k oz gold in it= which we know, that if all are recovered, it equates to over $136,000,000 in revenue at todays prices. recovery costs won't be that much as the former CEO said "the tailings pile is on site and it is effectively a truck and shovel operation"

That is how I read that Hepseal

http://amatiglobal.com/smco.php

smaller companies fund - oeic

hi gary,

They list it separately on the website - the smaller companies fund first, then the aim vct next.

the flow diagram is here - amati vct doesn't show the smaller companies fund in it.

http://amatiglobal.com/amat.php

it should be noted though, they haven't indicated trimming or selling out - other stocks are referenced as being sold out of etc.