Ha ha ha ha. I totally agree gorilla. You're so wise and awesome.
You're attempted ramp is laughable. At least find a keyboard which doesn't convert quotes to pound signs when you create a new account and start supporting yourself.
That interview's hilarious! They give the proactive guys the questions to ask and then make a meal of answering them. This guy interviews like a school student being asked to do role-play for the first time in front of the entire class. I love GSR - They somehow find a way to amuse me even now. How long until the next placing? Doesn't the money run out around now? I miss EmmaWong.
I can't remember that.
Better than them reporting another 4 carrots. Actual carrots.
Seeing as we're hoping to go into profit in July, I though it might be worth seeing what sort of market cap other mining companies have that have a small pre-tax profit (less than £1m). It's hard to compare but 2 have a market cap of £2-£3m, 2 of £7-£8m, £16m and £28m so I'd be confident that if we announce profitability in July, we could be looking at a nice doubling of the share price :-) Up to £2m and a m/c of £30m is to be expected although I'd be amazed if we get anywhere near this level of profitability.
AGMis on the 28th July. Is anybody going? I'm assuming they're going to have plenty of champagne, caviar and diamonds in a goody bag.
Ha ha. That's also what I thought at 0.08p.
I don't bother reading them any more. RFM report: security sucks, we might have a dyke Annual report: directors get paid too much, we raised loads of money, we modified the dove.
Correction: the only surprise here is that they sold some diamonds. Pierre was progress. This is also progress. Another mini step on the avalanche of failure.
They sold 6 diamonds?! Who to?! They should've just popped into the office and nicked them. No surprises here.
Trust is not a word that will be associated with GSR. "Soon" is a relative term. The very soonest you can expect anything will be a month. More likely 3 months again. If you're looking for a quick return, I'd strongly recommend looking elsewhere. If you have the patience and tolerance of a saint, you're in the right place.
If all goes well, you could be seeing up to 0.04p by the end of the year, with a couple of spikes around the 0.06p level. It depends if they stick with quarterly updates in which case 0.02p is more likely. This is the best news since Cyril left. But that's really not saying much.
As Joey said, i wouldn't expect a decent rise for a couple of years. Good news will be heavily sold into by clients like SVS who bought at 0.44 and 0.86. We've seen it before so it's going to take good, consistent results for anybody to see the sorts of profits we've all been so patiently waiting for. Until we know what finds are possible without the lies and theft, we can only speculate on quality of tenements (based on Koidu next door). This is assuming that the lies and theft end under Pierre's leadership.
That should be 0.05p.
By not being in Oz, that'll be much easier. The distance means he's just another shareholder and any "inside information" will be much harder to obtain. A couple more decent RNSs are still required in my book. There are billions of share sub 0.5p and a lot of fed up shareholders. Just remember 1 diamond per month. Cyril created this culture and I've seen no signs of it changing since he "left".
I think they said they've paid for the renewals so everything's set to go. I agree that Pierre could be a smart move - definitely the best choice of CEO since the creation of GSR on the face of it. I can't see this progressing too far without another placing. They've burnt through at least half the previous placement (remember also that they hadn't paid staff in Salone for at least a month) so by my guess, we're about £300k through the £500k. Assuming we've got 2 months of money left, and we're in rainy season, then another fund raise must be around the corner. In addition, the 1 diamond per day that we're reporting (big difference to what's being found) isn't going to move the share price up to raise funds at a decent level. It's a positive step, but I can't help but feel that this will be held back until there's been another placing.
How much did the license renewals cost (£100k?) and are we still running at £150k a month in costs? If so, 2 months since the £500k fund raising...?
I reckon Keng walked. I think the culture of GSR conflicted with Keng's values and he didn't want his reputation tarnished more than it already has been. "We won't disappoint" - he believed that when he said it because he was spun the same lies as recent investors. Keng won't have got over that level of betrayal and the recent pay cut was the final straw. Keng can do better than GSR and I've no doubt this is a smart move by him.
This share is a total waste of time. Every RNS is a board change, we've found 10 diamonds or modified the washer. And they think this is going to spike the share price?! Yet somehow, they keep finding idiots to dilute this dog further and further. Admit you can't find diamonds and let another company take over the licenses. Joke. Absolute joke. See you in 3 months when we're complaining that we've heard nothing, found nothing and not been told about it. I'm surprised this hasn't hit 0.01p