Member Info for SonOfABoo

This company has a lot of growing up to do, if we are being kind you'd call it growing pains, if we're being less kind this has a feel of 'fake it till you make it' about it, and the '1,000 Oz a month by end of Q1' is symptomatic of that.

There's something here, that's why I'm invested, but the author of their RNS and Press Releases need taken out to pasture and replaced...the months don't align, months have gone missing (maybe?), gold Dore is explained in refined pure Oz translation, there isn't whif of AISC or financial costs / cash on hand in any RNS...the list goes on.

To be a desirable investment destination as a burdening producer all these things you need to get serious about.

Time will tell if they are serious or even capable of these things, as mining is not easy.

So they have reported January production, and March production up to the 24 March, what happened to February? Baffling reporting methods here.

They may well stagger to a decent operation here, but bring someone in who knows how to write a Operations Update ffs

If I had to guess, there's no February update and the production / operational results won't be good, and they'll wait for more positive March to spin it better.

The "1,000 Oz" update looks more disingenuous by the day.

Watched it twice, and I'm now starting to think meant January's operational update, released on 12 Feb, which she also got wrong if that's the case...but of a mess really. Ww can only believe the next RNS.

At 48k tonnes of stacking per month, the grades have to be way off, or either they haven't got the commissioning circuit correct. They might get there in the months to come through better grades and a better understanding of ore leaching techniques, but what are we looking at? Q3/Q4?

So was the Q1 estimate in Dec just to shift the placing shares onto the gullible?

i'll wait for the update before passing comment but what garbage ore are the stacking if these are the numbers or have they ****ed up the commissioning plant? there's a reason why this stock isn't popular, and it's historical operational failure after failure, the sp only reacts once they sort this out.

@8:45am, long term agreed, there's no other option I see other than to fire up the printing presses. Gold and PMs will do great long term.

My worry with Juniors like these is you see all the liquidity pulled from the market in a recession and these tank on no volume. Its a bizarre spectacle the raw product is sitting at all time highs whole the companies that make the product are bombed out.

February Operational Update due next week and also some PR to come, hopefully some positive news to come and highlighting the ongoing improvements in operations and gold being recovered / poured.

In the 700s if we're throwing guesses about.

Dint over think it hear, no one 'knows' anything. These stocks aren't popular despite the Macro backdrop nd earnings being bullish. Liquidity is an issue on AIM. Newly minted shares will drag on the SP (until it doesn't), etc, etc. Even junior gold stocks that have done well are still cheap.

Due in couple of weeks.

A 125 Oz improvement month on month from Feb to May would put us at 1,000 Oz annual production pro rata by end of May. That's what I'm looking for.

Given the historical drilling data, we'd only need the leach heaps performing at a full recovery rate of 0.65g/t at 48k tonnes per month.

At full liquor strength the leach pits must surely be able to blow past this?

DOGE is a US Budget Disaster waiting to happen. The last 3 US Recessions saw thd US budget deficit to GDP ratio rise by 6%, 8%, and 12% of GDP. The next US Recession (I think its here) will likely see USD$3/4 Trillion Dollar Budget Deficits.

The money printing will be epic.

Considering the Macro picture today, that's a rather stunning SP reversal / graph today. A popular share.

The World is inter-levraged up to its eyes, who knows what happens when you pull one of the Jenga blocks out the tower? I don't know every bump in the road, but I'm certain the road leads to never seen before money printing on a biblical scale.

The book is a mess, and will take a while to sort out given the shear churn of shares the last 10 days or so.

Once it does, and if they perform even on an average operational basis, this should be rocket ship SP wise IMO.

If the wider money markets start believing in these kinds of stocks again, then a health P/E rating awaits and quite frankly the sky's the limit.

70m or so late reported trades from yesterday lol. Crazy volumes, that takes a while to settle down and find new homes.

In theory if the Ore is consistent and dissolves at constant rates, at 48,000 tonnes stacked per month, you'd only need circa 0 65 g/t to hit 1,000 Troy Ounces per month production, based on all technical drill and feasibility data we have, they should cake walk this in the next few months, at 1.3 g/t and so on its doubled production, all things being equal.

But this is mining and not all things are ever equal. Ores are typically inconsistent because that's just geology, and you need to play about / commission the plant and acids, etc. to get the optimal run rates.

But considering what we need to hit 1,000 Troy Ounces per month is such a little grade, this should have multiples to run if you are patient and the next 3, 6, 12 months should be transformative IMO.

Careful with those assumptions, there's no real way of knowing that. It may just be the liquor strength in the leach pits is taking longer than expected to reach strengths for example. It may well level out, it's hard to know without them telling us.

@14.53 Sherminator, this is an early play, no doubt. But in 3/6 months it rapidly transforms into a mid play, then a 6/12 month short term.play. at 1 g/t Ore, the production should (easily) get to 1,000 oz per month, once they start mixing it with the deeper Ore st upwards to 6 g/t, this could honestly 5/10 bag from here. So it's well worth the punt IMO.