Member Info for xcoder

Pleased to see the rise here. Hopefully we won't have to wait too long for news.

That's better - paying over advertised price again all of a sudden.

They've updated the correct SP now.

No more being paid.

Bid has been the same for days.

Curious they removed them.

Check price on another site - seems incorrect here.

ALBA is not taking the same approach. They are looking at the geology and hopefully the time taken will pay off.

Just to add - the company seemed happy with the results so perhaps the market are being over pessimistic and it really doesn't matter at this stage!

Notforalongtime - I'm no expert, I'm afraid. I don't know if a certain amount of raw material yields the same amount of concentrate and you can convert backwards. I suspect it is a lot to do with the actual source material and the way it is processed.

I think the problem was that the results were in terms of concentrate and not original material.

It's not surprising people are selling as the price goes down especially if they have made huge gains and they want to protect those gains. A lot of people waiting though for the final outcome.

Think that comment about gambling was a bit harsh. It's easy to say in hindsight and lots of people have lost a LOT of money. The de-listing was a bolt out of the blue - nobody saw it coming.

It will probably be like last time - suddenly shoot back up to the 27/28p.

From the video they seemed to have plenty of ore waiting to be processed. I might be wrong but even if they get newer drilling equipment, the plant is always going to be a bottleneck. They might have based their calculations on what the plant can handle.

I had similar thoughts when comparing to say VAST's processing plant but I guess it is a pilot and more for their use in analysing small batch samples to be sent away for testing.

This is a difficult one to call at the moment. They certainly are doing wonders in the communication side of things. We could have the dewatering permit any time and then there's the whole Greenland split off - what will that do for the share price? Lots going on so plenty of news for the not too distant future.

Andy - thanks must have missed that earlier.

Perhaps they will go back to that area with 165.5 g/t and process some more.

Of course it is gold concentrate. The processing plant is not going to output solid gold.