Member Info for Simplyme

Agree - it seems we will come in around 83000 ounces for Yanfolia but are assuming we will only get 2000oz this month from Kouroussa (nowhere near the 10000 oz expected every month). However the fact that the NED is putting $1m of his own money into the share scheme seems a positive also at a higher rate than the market which does bode well for the future.

Wonder who helikon have next in their sights for shorts - must be worth going long on!!! :)

Being realistic little has changed except more good news! I think the shorts will try to exit orderly but it will be impossible so it will instantly go into auction and open 100% up (yes 100% in my view) as the drop has been proved to have been based on a fantasy and with the new order as well this alone would be expected to raise at least 20% (but not from this base). Hence I expect 40p open and then shorts closing to bring it up to around 60p by close. I do not even think this is far-fetched in the slightest as the news and the conference have demonstrated a very positive future with billions already int he bag and billions more expected over the next few months- GLASH

Helicon and their shorts lately have not been very good - Victoria plc they increased their short in and the sp has greatly increased from that time and they did the same with ITM - not exactly the most successful shorter out there

And a lot have just bought recently (I am back to breakeven myself) - but still going to hold!! $6bn pipeline and a company that has existed for a few decades and is transitioning to green must be worth more :)

Yes - but only 2 funds are increasing recently (Helikon and Astaris) - the other 5 have not increased since the 8th Dec so the increase are only being led by these two- the other 5 are not joining in and have a much smaller short. So either 2 out of 7 are correct or the other 5 are!

Thanks - missed that as it was in the statement by DB and not in the main text - so may be much later then going by DB previous statements!!

Only HUM can go down with gold approaching $2050!! Good to know when we will reach commercial production at Kouroussa as clearly stated on numerous occasions it will be H2 2023 and thee are only a few days left. This must be a RNS so hopefully will drop any day!

Wow - just jumped to over 21p - could be some unwinding in progress or deal imminent.

Actually I think gold will go massively up - lower interest rates put gold up (which was my point) as lower interest rates will happen with elections coming. Lower interest rates good for MCG - simples

Gold not hold!!

Talking rubbish - hold will only go one way irrespective with elections coming as interest rates will go down and figures will be manipulated. Interest rates down and high employment should be good for all including mcg - it is not rocket science. Price as we get nearer elections will improve - simples

I agree at 14,000 at $1800 AISC for Yan, and I am going higher on Kouroussa than others at a whopping 6000 oz at no price given for AISC. Would be content with this as it means the gold is there!

Not quite oil (gas) but energy sector :)

Echo energy is up much more than 4%

It is the highest price paid by the buyer (which is the price in the RNS) but also why would they invest even at this price if they did not see considerable upside to the SP with limited risks. Banks can make money just by lending without buying the stock but this is the choice they made and at a premium to the current price - gives me some confidence but this dilution just means that we have lost more trust in Dan and also the upside is more limited. Personally I have a 12.2p average so not massively underwater but did expect this to hit around 20p once new mine was on board. Now would be happy with 15p.

Actually - A firm first tranche of US$5.5 million, which involves the issue of 38,576,805 Subscription Shares (the "First Tranche Shares"), including the issue of 35,057,991 Subscription Shares to CIG, which will result in a CIG holding of 29.9% in the Company will be taken up at the price by CIG is my understanding. The rest is not guaranteed. So CIG will become 29.9% holders no matter what as a minimum.

Gold will soar up now with latest usa unemployment figures - hedging not a good idea for a few days!!

Thinking about this all - I still can’t understand why this is being done? Even in the presentation yesterday he again reiterated being a 200000 oz per year producer and if that is true then we much be near or hitting commercial production as this would not be possible otherwise! So why?

To clarify- he is on the board of Pasofino and will get a higher remuneration package