George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
I would suggest it's us shareholders that have been losing sleep rather than him, considering he has been 98% right about the company whilst McMasters has spent most of the company's cash on building huge storage sheds for little to no orders.
If farmers are holding back, why is Verde Agritech's share price up 50% in the last month ? This company is underperforming and clearly has no credibility in the Brazilian agricultural community. Keep spending all the money on trees, schools and solar panels Brian - there will soon be nothing yet. Care to comment Mr Burton ?
David, that is a ridiculous post comparing 2019 sales to 2023 sales. I'm surprised you posted that given your many years of experience in investing. People buy shares for future growth, we were told annual production would eventually be 400kt - that is why people paid 15 per share. If you had told those people that four years later they would be selling the same amount in half a year do you seriously think they would have bought the shares ?
Everyone is aware of the macro economics that have resulted is the fall in sales - everyone that is apart from Brian. His lame excuse that the market has not forgiven him for his profit warning 5 years ago does not hold. It's things like the Miriri project shamble, the mish mash of sales figures that appear in the RNS's that then get changed three months later that give the city no faith in this company.
I sincerely hope overheads are being reduced, starting with the bloated workforce, we appear to have doubled salary costs for a 38% increase in sales year on year. God knows when we find out if the 33kt is part of the 120kt total or separate. Perhaps 30th September. Congratulations to those who bought shares today but I will not add, even at 1p as I have zero faith in this man now. Here's hoping for an upturn in the third quarter
they're still in denial on here smalleyus. apparently the drop is massively overdone, the markets have clearly not recognised that mcmasters has only slashed his forecast by forty percent this year and somehow the 150kt total for 2022 which he has used for the last nine months is now a lie and was actually 117kt. and you wonder why the market considers this company a crock of **** !
i see we got the usual annual serving of ambiguity again today, is the delayed 33kt part of the 120 kt new total who knows (who f*cking cares now) still, not to worry, as mr spin (david burton) has promised us a rainbow - which for me woulkd be a 10p buyout. have an 'effin nice day brian and see you for more good news on september 3oth
You've excelled yourself today McMasters - what a basket case of a company. Money wasted on expansion to sell 5kt more than last years total (which was out by 33kt) And he wonders why the city doesn't rate the company. This company is finished. Thanks for six years of crap Brian - hope you enjoyed the money, you lying b*stard.
Just under four weeks to 2022 final results and 2Q figures. Ignoring 2022 figures, due to the Ukranian situation, I have been comparing percentage growth by comparing recent results with 2021. On that basis, I come up with a calculation of 44kt, however in terms of invoiced sales I am going for 35 ~ 40kt.
"While you are being paid like a little spackkkka............"Clearly you rarely, if ever, come across the physically handicapped community AH. Your post was disgusting and also childish - a poster who has to resort to gutter language because another poster got under his skin. Smalleyus' posts have no affect on the share price. If it did, then more fool those mug investors who sell on the back of negative posts. If you're that confident the company will prosper, then just wait patiently like the rest of us instead of posting the vile abuse above. I've learnt more about the company and its products from Smalleyus than I ever have through the board of directors.
We will find out this week lbarlow. I too, was a little surprised that there was not more buying/selling in the run up to this week's results. Then again, 1Q figures generally tend to be low and aren't really indicative of how the year is going. If the figures are low, I would expect them to release advanced sales orders to deflect any flak . That, or the holy grail - share buyback/dividend news. All we can do is wait and hope. Here's hoping for all the long term and (extremely) patient investors.