Goldplat GDP presenting at Share Mag Event Gerard is presenting at the shares mag event this evening:[link] Chart is forming a Golden Cross:
Hi all... Anyone know what's going on with this share???
AND THRICE WOE The gold price has fallen to its lowest in more than five years as talk of a US interest rate rise this year has led investors to sell the precious metal.The price fell 4% to as low as $1,088.05 (£697) an ounce in Asian trade - the lowest since March 2010.Investors turned to the US dollar, which rose on the likelihood of the Federal Reserve raising rates because of a stronger US economy.
Re: Today's trading update "and believe that capital projects will be funded internally with peak funding requirements being financed by non-equity capital during the period"Hmm - that does not bode well. We cant dilute any further, that banks wont lend - so it will be done via another way - that I think wont be in our interest.omnishambles
Today's trading update Does anybody have any views on today's announcement? I note a suggestion of a full year profit, he said polishing his rose-tinted microscope.
Re: JV news soon I was more interested in the progress made with the core processing business as outlined in the latest company update. This should hopefully get some much needed cash flowing in. Highlights included:........Goldplat says it has secured sources for processing all backlog material arising from the inability of Rand Refinery to process certain materials with a target to clear all backlog by December:- Contract with Aurubis Refinery, located in Germany to process by-product material - 5 month pipeline from shipping to gold production now full and cash from this material has begun flowing to Goldplat- Rand Refinery has started to process a small amount of certain categories of the backlog materials on a limited basis to assist in clearing the backlog- Operational and engineering efficiencies have been introduced to the elution plant at Goldplat Recovery (Pty) Limited which is now eluting 3 tonnes of material per day (versus 2 tonnes per day previously)
Re: JV news soon Looks leaky today 7 mil shares traded
JV news soon Kilimapesa deal must be close to be signed, JV news should be with us soon.
Re: Why the rise? no probs!!!!!!
Re: Why the rise? Many apologies. I was exactly a year out!!!!!!!!!!!!!!!!!!
Re: Why the rise? Thanks for that link. I have heard that interview before as it is from may 2014.i thought an interview had been released for the 2015 interims.Thanks again anyway..
Re: Why the rise? [link] new here that I can see though. The overall tone is extremely positive and optimistic.
Re: Why the rise? Are you able to point me in the direction of this interview, as the only ones I have seen are the ones from last year.
Re: Why the rise? either that or Grexit is making evryone wobbly - ergo move into gold!
Re: Why the rise? There's been an interview released dicussing the interims, which actually makes it all sound rather good!!! This is actually a statistical abberation. There have only been seven trades so far today, totalling £12k. It is probably best to ignore this.