Richardfromrugby
17 May 2018
gold e French president has been selling some of France is large gold holding to let the hospice in Euro and the uk to buy gold for medical purposes as mixed with marawana tincture it corrects all most all internal body problems.the 3 wise men from the far east travelled to see Jesus at his birth bringing with them gold to cleanse the blood and body.
Richardfromrugby
17 May 2018
to hear cut and paste London South East Natural Resources Webcast
roco200
16 May 2018
Re: Webcast Thanks. Great double act with Amanda. I think she said her fund is invested in Ariana.She was complimentary.She also said that that equities are generally expected to correct in 6 months to 18 months, with gold at that time be the beneficiary . Best to invest in gold miners to get the leverage.
Temujiin
16 May 2018
Webcast London South East Natural Resources WebcastCredits to Troajan on LSE. Starts about 32.10www.youtube.com/watch?time_continue=1157&v=Cb02WwMTpUo
roco200
16 May 2018
Re: Will AAU go up roco Good to hear from you Loads.AAU is probably on a P/E of less than 2 with production scheduled to increase further as new mines are added (Kepez, Kizilcukur, Tavsan etc). Then there is the potential elephant in the room - The Hot Gold Corridor. So yes we are happy to hold waiting for the market to wake up to the valuation disconnect.Happy also to help Riversimple not necessarily as an investment, but helping a small welsh co. succeed in the hydrogen car sector.Good luck.
loadsadough
16 May 2018
Will AAU go up roco Hello roco is AAU about to go up? It has been stuck around 1.35 to 1.50 for a long while now. You guys have stuck to this one for a long while.I have done well with SYM, OXB, and SXX recently. Going up nicely. Will they continue to go up.roco you say you have shares in Riversimple. YOU WILL NEVER OWN A RIVERSIMPLE RASA. BUT YOU CAN OWN SHARES IN THE FUTURE OF SUSTAINABLE MOBILITY. Is this what you mean. Anyway good luck to all of you with AAU it would be nice to see it go up. Loadsadough
roco200
15 May 2018
Re: Courtesy Scott on LSE Anyone going tonight?
roco200
13 May 2018
Re: my opion on a faircompany valuation Have you had a look at the new presentation slides on the web site?In particular have a look at the Schedule slide and pay attention to Kepez and overall production forecasts from next year! Got to be good for the valuation over the next 12 months, especially given all the other value added work that is underway in both west & eastern Turkey.
Richardfromrugby
13 May 2018
my opion on a faircompany valuation Operating cash costs are inclusive of on-site costs and off-site charges and royalties specific to the project. It also includes adjustments for stockpile balances at the end of each quarter, in addition to an adjustment for by-product silver. They exclude finance costs, taxes and development capital. The definition used to derive the cash costs is essentially the same as that used within the feasibility study. This cash cost was calculated based on unaudited figures obtained from Zeni. this was taken from the 1/4 results and i say again the production cost per oz included all taxes.how ever i will use your number of 0.5 p per share and as roco says we are a producer not an explorer and with 8 year of mine life we should be valued at least 5 x earnings that gives2.5p then you have to add tavsan north and south and salinbas that must add at least 1.5p so we still end up with 4p or more
roco200
11 May 2018
Increased production It looks like we could increase from 20,000 ozs pa to 25,000 ozs p. a. next year.I reckon gold could increase in value to c. $1400 per oz.So the margin could widen and the output increase.We could sell Kizilcukur into the JV for cash and see further repayments on the $3. 5m loans we made to the J.V.It difficult not to be very optimistic about the Co. & the S.P. over the next 12 months imo.
oohthatscheep
11 May 2018
Re: profit per share - is this it? Pretty much if I can remember everything.Forgot about loading corn stooks up on a trailer, especially on a sloping field. More difficult than it looks.
roco200
11 May 2018
Courtesy Scott on LSE Amanda - Portfolio Manager at South River Asset Management (Gold biased) - is presenting at our Natural Resources Event on Tuesday 15th.She would like to hear from you in terms of Gold themes, topics, and questions you would like her to cover/answer at the event. Please send your input to '[email protected]'.Event tickets (Free) can be obtained via [link]
Temujiin
11 May 2018
Re: profit per share - is this it? Good point Roco,from the RNS it says Operating cash costs are inclusive of on-site costs and off-site charges and *royalties* specific to the project. ....They exclude finance costs, taxes and development capital. So scrub my line about royalties but it would be worth someone close to management to ask if the 'off-sight charges' include G&A.New calculation is still in the same area of 0.565p gross profit /share / year.
roco200
11 May 2018
Re: profit per share - is this it? What are we saying, just 5 times earnings at 0.56p equals a SP of c. 2.8p.But production should increase slightly from here as well.Currently we seem to still be valued as an explorer as before, and have not made the valuation transition to producer. Takes time for the market to wake up!1.4p to 2.8p discounting value for everything else, suggests 100% upside.
roco200
11 May 2018
Re: profit per share - is this it? The AISC measure, finalized in June and supported strongly by the World Gold Council, includes other expenses such as general office spending and capital used in mine development and production to create a benchmark of a company's operating efficiency.
