Latest RNS and previous CFD Interesting that Morgan Stanley hold such a high percentage, BUT why a counter party to the recent CFD RNS. Is the trend long or short; looking very much like a short which means Morgan Stanley could lose a bomb!!!Still hoping on funding (I wish by Kazah bank with good terms!!). Production update due IF based on previous years by mid Feb.Still hoping... or is that hopping... LOL!!
no news the family suffered a tragic loss in a car accident recently, i suspect this has slowed news flow, so please be patient.
Re: Slowly Sinking It is probably worries about how they are going to fund the investment in the underground mine. They need a huge pile of cash but haven't said where it is going to come from (I think). There is also a massive increase in gold production due this year, which is going to be very clever to achieve given the development work on the underground and the open pit is quickly running out of gold ore of any quality. Let's hope they know what they are doing.
Slowly Sinking Is it lack of volume, lack of good news or just reflection of real worth. Either way I was hoping that the price would manage to stay above 3p. Hey ho ..
Re: Even happier New year Something is up, based on RNS today a party took a CFD for around 2.7% of company, BUT is it Short or Long?? Plus with that number of shares, it would have a point penalty, say about 0.5 before any gain. Cannot think what is in the pipeline with GBGR that is giving that amount of risk to cover? Unless the H2 figures are already known??
Even happier New year The confirmation of the Karasuyskoye Ore Fields rights is good news and should allow the open pit equipment to transit to further work without material write-off. form the existing mine.The update for H2 production is due early Feb 2015; it should be similar to last year. The big issue is the capital needed to complete the 2 extra shafts; will it be a loan and not share capital?Maybe the patience is going to be rewarded BUT experience has shown not to be too optimistic with expectations.... The "new" management team have big plans and have delivered so far, this year could be the turning point.
A Happy New Year? To all of those of you who have been holding this share for years (in my case over 10 years) and still have huge loses; a very Happy New Year and may 2015 be the year we might break even!?
Re: TV Interview with Goldbridges CEO At least we will not have the excuse of blaming the dodgy AIM market every time the share price takes a hammering! Be grateful for small mercies.
Re: TV Interview with Goldbridges CEO Not sure that he mentioned the tens of millions of dollars they require over the next few years to develop the underground development. Not sure of the rationale of joining the main market myself. Not sure of the additional costs - I assume they are many - are worth the aspiration.
TV Interview with Goldbridges CEO Please find below a link to a TV interview with Goldbridges CEO, following today's listing on the Main Market of the LSE[link]
Re: Last RNS of 2014? I have a lot of misgivings about the AIM market so it will be very interesting to see if moving up a tier makes any difference to the volume and value of the shares. I am back to where I started from a good few years ago and hope for an overall gain in 2015. How I wish I had bough even more shares in the 1p range! Would say it looks a good prospect for the medium term now.
Last RNS of 2014? Well the share price did recover to the 3p trading range on the announcement of moving to the main market on 18th December. Clearly the BOD has big plans and with the family connections could be at last, the chance to repay the patience of shareholders. 2 big issues to come, the raising of capital for 2015 plan and the granting of a mining licence for the new concession. If the Kazah national wealth fund or bank stumps up the money under the government special projects initiative then it could be plain sailing.....Here is hoping 2015 is the turning point and at least back to the old trading range at 6p or so??!!