Member Info for TonyBaby

QUARTERLY OPERATIONAL UPDATE IN NEXT FEW DAYS, LAST ONE WAS ISSUED ON 19TH OF THE MONTH. LETS HOPE THEY HAVE PUT FLOODING BEHIND THEM AND INCREASED TONNAGE TO CATCH UP ON LOST PRODUCTION AS PROMISED. IF THEY DO THAT THEN I THINK WE ARE BACK ON TRACK. WOULD LIKE TO HEAR ABOUT PROGRESS ON POWER PLANT AS WELL THOUGH. FINGERS CROSSED.

My English teacher will kill me "Know" not "no"!

Apart from the flood (which has long gone and is well and truly priced in) I can see no reason for the dramatic drop in th SP even allowing for the farm in by the Chinese. Personally I am not too bothered about tonnage and production in the short term what I really want is info on the power plant which is the real game changer for me, but not a word! Anyone no anything new?

No way (lol) they will close the mine it will be too much of an earner for FIJI going forward but can you point me in the direction of the accident book I would like to have a look at it. If it is as bad as you say it could slow down development. Cheers

By the way, dont disagree with view of past performance but does that justify the level of drop? I am not so sure?!

I will be buying back into vgm in august, I still think it is a good medium termer. Gla dyor

Avn..bought in at 320 ish it has stalled a bit in last week or so but I and others expect another spike info run up to launch . Worth a look dyor etc etc I will sell most of my holding just before launch even though if successful there is likely to be another spike. Too much for the heart! Lol

I sold here a few weeks ago to put money into another share, complete luck! But I have been keeping an eye on the SP because I wil be looking to buy back in in a few weeks time. I cannot understand the SP drop... They will have had about 6 weeks of production since last update, since there has been no RNS one must assume that everything is broadly going to plan. While I agree production cost are very high at the moment this is due to development activity and oil based electricity generation. Both of these issues are said to be being addressed, with the high level of development activity coming to an end which it is claimed will reduce production costs somewhat. So as far as I can see none of the fundementals have changed since the Chinese came on board. Anyone have any theories other than investors moving their money elsewhere for a quicker return? (like me!).

Where did you get info re problems with water supply? They had problems with rainwater ingress a few months back but that has been sorted for they moment.

Sold at 54 to fund another share (MTA) and can't believe it has dropped this far. I have been fortunate (no clever research) and will be back in as soon as MTA pans out. I am prepared to let money sit here for months if it doubles which I think it will over time. VGM is in a lull but once developemnt work is finished tonnage will improve and once power palnt is sorted this will soar.Power plant seems to be taking a long time though so won't wait for that I'm afraid.

Cheers, think I will steer clear!

Had a quick look in here can anyone quickly expalin the two different share prices TYR/TYRU, save me a bit of time! Thanks

OK thanks for that' may top up in the morning (on your advice!!!!! LOL)

I agree this share has long term prospects but bemused on how RNS has been recieved. Can anyone expalin why the SP has risen? If I have read the RNS correctly it suggests up to 20% dilution within a couple of months AND says production is 40% down for this quarter due to the rains, which is slightly more of a disruption than Paxton suggetsed in a recent interview.

A Doctors share, you need a lot of patience....

Is pretty clear that there is no impact on production so we are back to where we were before the rain; either the weather did not hit the area around the mine too badly or their contingency arrangements worked. Either way a bit more positive than earleir in the week. I have taken the opportunity for a little top up, still expecting a long term gain.

SHORT TERM YOU MAY BE CORRECT, LONG TERM ABSOLUTE ROLLOCKS!!!!! But I agree I too think some info would be good

Hmmmmm! Not good, lets hope it isn't because someone has heard something.

I think we need info on 3 things: Water ingress/rock fall/general situationof mine as a whole (given disruption last time round) Confirmation that electricity generation is OK and that oil supply required is safeguarded Impact of general situation in Fiji as a whole is not likelt to disrupt operations/sales etc. Short term worry, but should recover.

Looks bad, would be good if BOD came out with a reassuring RNS, but I suspect production will be hit, lets hope not. Anyone know what height the mine is above sea level or if it is in the vicinity of river etc