Member Info for steve58

And the sp slumps.

Something not right.

Would like to think our recent high of .1 can be tested today.

Same here and a nearly new petrol car.

Must be based on a much lower shares total.

Cannot possibly be current as would a £1.7 billion valuation based on 15 billion shares currently in issue.

Seems that we will be selling the ore as it is with gold content priced in.

So not getting a share of profit from the actual smelted gold.

This would mean less profit.

IC would not publish false information as it would leave itself open to legal issues.

I must admit a valuation of £1.7 billion does seem a bit too much

Could be an after hours one and was spotted before releasing it by mistake.

Anything possible here.

Could a temporary suspension pending a big announcement.

Just my thoughts.

We have them both.

And our mc is still only £9 million.

Could be our business in Pakistan is more profitable than the gold mine in Australia.

May even see 0.1 again.

Nearly doubled in under an hour.

.0468 offered.

No way.

If they are spending and just getting it reimbursed then surely they are just breaking even until their share of the profit comes through.

The extraction costs etc should be deducted from the gold sold so we should receive our share from the start mining operations.

That is my take on things but please correct me if I'm wrong.

And of course we wouldn't have agreed if it wasn't profitable.

The good thing being our cash does not have to be spent funding the gold mining operations.

Sorry.

Being in the accountancy profession I am useless when it comes to mining for gold.

Of course the recovery rate of over 90% is very good and extraction is fairly straightforward.

Recovering slowly.

A positive finish would be great today.

Do we know how many tons of ore can be processed in a day.