shugg1e
07 Jul 2016
Re: Re-rating it means that he probably knows something we dont and saying its going to have a re rating is a legal way of saying the share price does not represent the companies value.In this case with the gold price well up on the year one would assume that the SP should be nearer 20-30p
house of gold
07 Jul 2016
Re-rating In a recent interview Mr Reading talked about a re-rating for Aureus, does anyone know what that would mean for the PI's?ThanksHoG
shugg1e
06 Jul 2016
Re: Production full tilt.. yes might see 7-8p spike any day now
barno99
06 Jul 2016
Production full tilt.. The reason for the rise is full production should now be taking place.. Massive profits going forwards and a huge stockpile of ore 130,00 tons ready to go..Easily a huge buy. Up to 15-20p
shugg1e
06 Jul 2016
Re: too busy making money on gold shares Seen AVM
house of gold
06 Jul 2016
Re: The sp is talking for us.....yipee!!!
ridiculous12
06 Jul 2016
Y is there nobody talking on this site
ridiculous12
06 Jul 2016
Y is there nobody talking on this site
shugg1e
24 Jun 2016
Re: Brexit a huge lift for Aureus.. very surprised price actually down on the day
celtasia
24 Jun 2016
Re: Gold over $1314 per OZ and someone just bought 500,000 shares!
barno99
24 Jun 2016
Gold over $1314 per OZ And rising! Fast..
barno99
24 Jun 2016
Brexit a huge lift for Aureus.. With our commodity in dollars the pound profit margins just went through the roof!!!It will be carnage in the markets today but for gold the only way is UP!!
house of gold
23 Jun 2016
Re: Production news!! Yes....disappointing following all the good news and the sp remains static!!HoG
asilad
23 Jun 2016
Re: Production news!! I thought they were now the minority holder only owning 45%?
barno99
23 Jun 2016
Re: Production news!! I just did a quick calculation based on the current market price and production estimates and costs..Aureus should produce around 14,000OZ a month at $1250 an ounce roughly when up to speed.Thats $17,500,000 million.At $750 an ounce costs, shows a profit of ($10.5 million costs) and so a $7 million dollar a month projected profit .At $1.5 to the pound that gives £5 million a month projected profit.Times that by 12 months and that give £60 million profit.Times that by a P/E ration of just 6 and that gives a company valuation of £360 millionThe current market cap is only £22.35.And thats without the other African mine..I am sure thats not to far off the mark. Correct me if you have other ideas...
