barno99
15 Jun 2016
Re: Production to begin within days.. Nonidea how I missed this.. From the company website..Things should hot up when TSX opens later.Has production already begun again? It's imminent for sure !The Company highlights the following:The Environmental Protection Agency of Liberia (“EPA”
has granted the Company permission to discharge from its Tailings Storage Facility (“TSF” and issued a permit for future discharges in compliance with the International Cyanide Management Code (“ICMC” limits;A detailed start-up plan has been submitted to Ministry of Lands, Mines and Energy (“MLME” for formal approval, outlining a controlled start-up of the gold processing plant;The Company has received a letter from the MLME stating their commitment to working with the Company to recommence operations and supporting the detailed start-up plan the Company has submitted for its review;Modifications to the gold processing plant and detoxification circuit are nearing completion;The recommencement of gold processing operations is currently targeted for mid-June 2016 following the completion of gravity circuit screen replacement works and a full mill reline;Mining operations have continued with a current run of mine (“ROM” ore stockpile balance of approximately 105,694 tonnes at a grade of 4.02 g/t Au;
barno99
15 Jun 2016
Production to begin within days.. [link] tons or not far off of ore ready to be processed at about 3.8-9 gptReady to produce gold within days maybe even this week if the problems are now sorted and they should be ..Good news flow this week and strong production and figures going forward.And now solid finance!Happy... Oh yes!
shugg1e
15 Jun 2016
Re: Positive and production to start back up... yep looks all good to me should power the shares back to 6p area once the mine starts again longer term its a multi bagger now with an ever increasing gold price,
barno99
15 Jun 2016
Positive and production to start back up.. [link] very positive and production to start up within days weeks at most!
barno99
15 Jun 2016
Re: stealth takeover You have to say though , all money worries are over and this company can now shoot for the stars!This is amazing news and a massive confidence boost for everyone..It's obviously a blockbuster mine as no one throws $30 at a project unless that's the case!And above the current share price!!Couldn't be happier! Very solid Buy!
Ecologist
15 Jun 2016
stealth takeover While we slept we just got taken over:[link] "MNG Gold to become a 55% shareholder in Aureus and appoint three representatives to the Board"Anything can happen on Aim
Sprocket60
26 May 2016
Re: Back in... Let`s hope so shugg 1 e...SP stable now & waiting for the good news & then back up to 0.6p immediately. That`s what i wish for anyhow.In a way, it is better for all the problems to come out early in their production phase so that the full ramp up can go ahead smoothly. See what happens next week & fingers crossed for a production re-start...Hold on tight girls......
shugg1e
25 May 2016
Re: Back in... I agree sprocketLooks prime for recovery
Sprocket60
25 May 2016
Back in... Taken a gamble on that re-start of mine will happen in the next few days. Looks very bad if they don`t get the o.k. soon, but that`s the gamble.....
stillere
19 May 2016
Re: Production should be the priority because at this stage first priority is to ensure that new plant is capable of 100% efficiency when the good times come - which imo is certain.in meantime the gold is still there and appreciating.
Hyd-Nawab
19 May 2016
Production should be the priority For any business to make profit or generate revenue they should concentrate on their core objective, in this case the company should start putting their efforts into churning out more gold out of their mines. Why is the senior management not putting their 100% in production? Borrowing, taking loans would only make things worse for the company. Cut all the fancy senior management talk and let the gold flow out of the mines.
HPC Follower
11 May 2016
Re: RNS Classic signs of a company taking risks due to shortage of cash... they need to resolve this issue and get production going again quickly...Things will only improve when there is enough financial headroom for prudent investment against known risks; and those risks which they may not have even considered yet in their haste to get production underway; e.g. provision of spares, MTBF analysis, critical path and impact analysis of possible failures.AUE should yet recover well, assuming this is the last significant problem they have to contain and overcome.
fortunatas
10 May 2016
Re: RNS Someone in senior management should be sacked. One incompetence after another
Ecologist
10 May 2016
Re: RNS Looks like I erred on the low side. And I notice a lot of small buys going through. Back up to at least 5p by COP???
Ecologist
10 May 2016
Re: RNS You are right, of course. But aren't all AIM shares a gamble? But I feel the same as shugg1e that a 40+% mark down has been overdone. I topped up at 3.73 and I see that they are now selling at 3.70 ... and that most trades are buys so I am expecting 4p at least by COP
