Member Info for SEA7

audio presentation

http://www.brrmedia.com/event/123535/ian-visagie-chief-executive-officer--hansie-van-vreden-chief-operating-officer

very upbeat - no need for funding - maintaining dividend policy

http://www.youtube.com/watch?v=enMPNg4YLXE From 9th may 2014

https://www.standardmedia.co.ke/?articleID=2000109104&story_title=kenya-can-produce-12-tonnes-of-gold-every-year-says-mines-commissioner

One negative I saw, was that the positive impact on costs in Ghana, by way of reduced cyanide consumption was reversed by an increase in fuel and power costs at the CIL section

broker view excerpt.. While cash is expected to be built up in the fourth quarter, we have reduced our assumption of cash at the year end from £1.7m to £1.3m. The second half numbers should be viewed as an improving trend in the recovery business underscored by this update. http://cp.proactiveinvestors.co.uk/columns/sp-angel/16150/todays-market-view-including-medusa-mining-premier-african-minerals-goldplat-and-first-quantum-minerals-16150.html

he was commissioner of mines back in 2008, I think, been a few since then.

interesting article.. Dated last month. http://en.afrikinfos.com/2014/04/07/investor-sets-date-for-gold-smelting-in-trans-mara/ Kilimapesa Gold, which is owned by London-based gold firm Goldplast, is expected to begin smelting the mineral into high-grade bars from mid-morning tomorrow. Goldplast Chief Executive Officer Mr Ian Visagie, who is based in London, is expected to attend the event.

can not remember if this article had been posted before http://www.mwakilishi.com/content/articles/2014/04/10/revealed-kenyas-real-gold-diggers.html excerpt: Di Cio said the company was looking for a strategic investor who would inject some cash to enable Kilimapesa move its processing plant from its current location to the mountain. “We have been spending a lot of resources and time to ferry the material down the mountain which is about 4.5 kilometres away. We also want to expand our processing capacity from the current 750 tonnes of ore, which produces about three kilos of gold to 6,000 tonnes, pushing our gold production to over 20 kilos of gold a month,” Di Nicio said.

As artemis trustees, who run the perseus settlement are based in the channel islands and one of their mainstays is succession planning for their clients, it is possible that the money raised from the sale of demetri's stake in goldplat, which was held in this trust in his childrens names, is still in the trust, either in cash or in another investment vehicle.

That would be the former ceo's holding gone through. The size of the trade matches the number of shares sold in the recent holdings rns.

Local views http://www.businessdailyafrica.com/Gold-revenue-more-than-halves-to-Sh7bn/-/539552/2298102/-/u736rcz/-/index.html excerpt: Kenya awarded its first ever gold-mining licence in late 2011 to Goldplat Plc, a UK firm and a number of multinationals have since intensified exploration in western Kenya. Goldplat began mining at Kilimapesa in January 2012, pouring the first bar of gold ever produced in the east Africa nation. But a weaker gold price and uncertainty over a proposed mining law that forces foreign-owned firms to cede 35 percent of their mining operations to Kenyans dimmed its outlook, pushing management to suspend operations at Kilimapesa in June 2013.

The perseus trust is where demetri had his holding of shares in the name of his children. It is a trust, which is run by artemis trustees.

11:11:11 4.00 2,750,000 O 4.50 5.50 ? 0 0 11:10:18 4.00 4,850,000 O 4.50 5.50 ? 0 0 Judging by the size of these two trades that have just shown up, I would say that this is the perseus deals working their way through.

SP Angel placed the stock with current and new investors. so, someone who already holds, has increased their holding, taking up some of the perseus stock.

http://www.proactiveinvestors.co.uk/columns/sp-angel/16055/todays-market-view-including-amur-minerals-goldplat-hummingbird-resources-medusa-mining-and-others-16055.html excerpt.. The sale of these shares removes a major overhang on the shares which should be helpful in the recovery in the share price.

sp angel reiterates 12p price target today. http://sharedealing.nandp.co.uk/broker-views/GDP/Goldplat

yep, wonder how many more will capitulate.

LSE website only shows two trades whereas advfn has three. Two orders and one deletion.