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Goldplat plc - good potential (GDP)     

hlyeo98 - 23 Feb 2007 10:54

Gold & PGM Recovery, Mining & Production

Goldplat Plc is a market leader in the recovery of gold and platinum group metals from metallurgically-challenging materials consisting primarily of by-products from gold and platinum mines in South Africa.
The Company is replicating the South African recovery business model in Ghana where there are again significant mining operations that can benefit from the recovery process.

The revenues from both operations will be utilised to identify and acquire gold mining assets with resources of up to two million ounces.

In essence, the Company intends to build a mid-tier gold production vehicle in Africa, predominantly financed by an established business with blue-chip clients and strong revenues.

21 December 2006

Preliminary Results
Goldplat plc, the AIM-traded producer of gold and platinum group metals ('PGM') recovered from by-products of the mining process, announces its results for the period ended 30 June 2006. These results do not include the results of Goldplat Recovery (Pty) Ltd ('Goldplat Recovery'), which was acquired by Goldplat after the year end. The results for Goldplat Recovery were announced on 24 October 2006.

Overview

Listed on AIM in July 2006 having raised 1.5 million
Acquired Goldplat Recovery, a South African producer of gold and PGM's recovered from by-products of the mining process
Increased productivity and profitability of Goldplat Recovery following investment in new and the upgrading of existing machinery
Established complementary processing plant in Ghana to meet the demand from West African gold mines - Gold Recovery Ghana Limited
Strategy to create a junior mining house focused on gold production through the acquisition of known gold deposits - actively reviewing a number of projects in Ghana, Mozambique and Kenya
Chairman's Statement The accounts of Goldplat plc are drawn up to 30 June 2006, prior to the admission to AIM and the acquisition of Goldplat Recovery (Pty) Limited ('Goldplat Recovery'). They reflect a period during which the Company agreed to acquire a Tanzanian gold exploration company, Zari Exploration Tanzania Pty Limited. The contract to acquire Zari lapsed on 30 September 2005 and subsequently the Directors concentrated their efforts on the acquisition of Goldplat Recovery and Gold Recovery Ghana Limited, and the AIM admission.

It gives me great pleasure to report on progress made since listing on AIM in July 2006.

On listing, Goldplat acquired Goldplat Recovery, a market leading South African producer of gold and PGMs recovered from by-products of the mining process and raised 1.5 million. The Company's stated strategy is to create a junior mining house focussed on gold production through a phased development strategy backed by revenue generated from the recovery business.

Phase one is to increase the efficiency, flexibility and profitability of the South African processing plant. Phase two is to establish a complementary processing plant in Ghana to meet the demand from West African gold mines. Phase three is to expand into mining through the acquisition of known gold deposits with targets of between 200,000 and 2,000,000 ounces of contained gold. To this end, your Company has made considerable progress.

Beginning with the South African operation, Goldplat Recovery, as announced in October 2006, we have made great progress in increasing productivity and profitability. Following investment in new and the upgrading of existing machinery and the solving of how to deal with some technically challenging materials, the operation is now generating strong cash flow. These improvements were demonstrated by the results recently released which showed that it went from making a loss after tax of ZAR306,868 for the first nine months, to a profit after tax of ZAR1,327,674 for the full year.

Goldplat Recovery works with all the key operators in South Africa. It operates from a freehold site of 22 hectares near Benoni in Gauteng, South Africa, where it houses a processing plant and raw material stockpiles. It also has surface rights over an adjacent 12 hectare site where it has established a tailings facility. Mining operators are obliged to dispose of mining by products in an environmentally friendly manner, which is where we step in. The Company acquires raw materials, such as woodchips, fine carbon and waste grease, from mine operators after testing to establish gold or PGM content, moisture content, recoverability and size.

The next part of the strategy was to establish a complementary recovery facility in Ghana. To this end we established Gold Recovery Ghana Limited ('GRG') and in September we acquired a 4.25 acre site in the free zone port of Tema for USD200,000 cash. Construction of the processing plant is underway and operations will commence in January 2007 with further expansion to take place during 2007. We expect to access raw materials from mines in Mali, Guinea, Burkina Faso, Benin, Cote D'Ivoire, Senegal, the DRC, Mauritania and naturally Ghana too. We are currently building relationships in these areas. GRG has already established an initial turnover through agreements with local mines and is exporting fine activated carbon to the plant in South Africa. Once the plant is up and running GRG's first operations will be the cleaning of rubber and steel liners to produce a concentrate for export. The cleaned aluminium and steel will be sold locally.

The final part of our strategy is to expand into gold mining through the acquisition of known deposits (not greenfield exploration), supported by revenue generated from the gold and PGM recovery operations. We are focused on acquiring gold targets of between 200,000 - 2,000,000 ounces of contained gold, which are too small for major mining companies, yet potentially highly profitable. The Directors have been actively reviewing a number of projects in Ghana, Mozambique and Kenya and are excited about the opportunities available.

With its highly profitable recovery business in South Africa, its soon to be in operation plant in Ghana and balanced risk approach using cash flows from existing processing operation to fund development of mining projects, I believe that your Company is in a very strong position to develop its growth strategy and reward its shareholders.

The profits from Goldplat Recovery for the first four months of the current year are in excess of forecasts and bear out the statement in the admission document that the outlook for the future is favourable.

I would like to thank the management and the rest of the team for their support through the extremely busy listing period and for their successful efforts in both turning the South African business and establishing the new operation in Ghana.

Brian Moritz
Chairman
19 December 2006




Chart.aspx?Provider=EODIntra&Code=GDP&Si

hlyeo98 - 23 Feb 2007 21:42 - 2 of 61

Goldplat plc
19 February 2007

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration

19 February 2007

Goldplat plc ('Goldplat' or 'the Company')
Directors Dealings

The Company announces that Brian Moritz, non-executive chairman of Goldplat plc,
has today purchased 165,000 ordinary shares of the Company at 6p per share.
Subsequent to this purchase, Brian Moritz holds a total of 1,565,000 shares
representing 1.5 per cent. of the issued share capital of the Company.

hlyeo98 - 05 Apr 2007 07:52 - 3 of 61

Goldplat plc
05 April 2007

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration


Goldplat plc ('Goldplat' or 'the Company')

Placing of new ordinary shares


Goldplat plc announces that it has placed 5,000,000 new ordinary shares ('the
placing shares') of 1p at 10p per share to raise 500,000. These funds will be
used in connection with the evaluation and acquisition of new mining ventures,
primarily gold mining projects, and for working capital.

Following the placing, Sirius Resource Fund 1 will hold 4.58% of the total
issued share capital, that being 109,000,000 shares.

Application has been made for the placing shares to be admitted to AIM, with
admission expected to occur on 13 April 2007.

Commenting on the placing, Goldplat's Chairman, Brian Moritz, said, 'We have an
exciting development plan, which is backed by a cash generative business. The
placing at a 10% premium to market price endorses and shows great support and
belief in the Company's strategy and the commitment of Demetri Manolis, our CEO, to establishing Goldplat as a junior mining house.'

hlyeo98 - 08 Apr 2007 15:45 - 4 of 61

Goldplat (GDP) delighted the market with news of a fundraising at a premium to the previous night's closing price. The company said it had raised 500,000 pounds via the placing of 5 million shares at 10p each. Funds will now be used to evaluate and acquire new mining ventures, primarily in gold, as well as finance working capital. Shares ended the day 1.875p higher at 10.625p.

hlyeo98 - 11 May 2007 15:52 - 5 of 61

11 May 2007

Goldplat plc ('Goldplat' or 'the Company')

Progress Report on Ghana Operations


The directors of Goldplat PLC are pleased to announce that substantial progress has been made towards bringing the new plant in Ghana, operated by the wholly owned subsidiary Gold Recovery Ghana Limited ('GRG'), into full production.


Plant Construction

Stage one of construction at the free port of Tema, Ghana, has been completed. This includes the office building, change house, security building, electrical sub-station, container loading ramp, process building, material storage containers and the installation of the incinerators. The property is surrounded by a brick wall and steel gates and has 24 hour security guards. A supervisor and production staff have been appointed. These staff members are Ghanaian citizens.

Completion of stage one has meant that processing fine carbon, steel and rubber mill liners and similar high value materials is under way.

The second phase of construction is now in progress. This will enable GRG to process lower value gold bearing materials similar to those presently processed in South Africa.

A mill has been selected and is being refurbished at the group's facility in
Benoni for shipment to Ghana. Gravity concentrators have been ordered and a
quotation has been obtained for the CIL tanks which we propose to order from a
Ghanaian company. This second stage will allow GRG to reach its full planned
production capability later this year.


Processing and raw materials

As stated above, GRG has commenced production of gold. To date 14 kg of gold
have been produced from 108 tons of raw material and GRG is already operating
profitably. Further material has been processed to the concentrate stage and is
being stockpiled at Tema for bulk shipping to Rand Refineries.

The procurement of raw material is an essential element for GRG to be successful, and the directors are very encouraged by progress to date.

The contract with Anglogold Ashanti's Obuasi mine was referred to in the Goldplat Admission document and has subsequently been renewed and extended to include mill liners and grease.. Fine carbon has also been secured from Golden
Star Mining's Wassa mine and from Central African Gold's Bibiani mine. Mill liners have been secured from Obuasi, from Redback Mining's Chirano mine and from Wassa. In addition, mill grease has been secured from Obuasi.

Supplies of mill liners and grease are currently being negotiated with another
Anglogold Ashanti operation at Iduapriem as well as from Bibiani.

Taken together these contracts will mean that GRG has a steady flow of materials for processing.

The board is also encouraged at the progress made in securing materials to be
processed though the CIL plant, when construction is complete. In addition to
materials similar to those processed in South Africa, it has become clear that
small scale mining in Ghana has resulted in tailings which are an environmental
liability and at the same time contain much higher concentrations of gold that
those found in South Africa. The Ghana Minerals Commission provided GRG with a
list of the licensed small workers which contains approximately 100 license
holders. Visits to some of these licence holders and the initial sampling of the
tailings on their properties indicate that the processing of this material in
Tema will be economically viable. Testwork on one of the stockpiles provided a
head grade of 14.7g/t and a gold recovery of 43.5% using a standard gravity
concentration process and 92% recovery on the middlings and gravity tails using
the CIL process. An official testwork report has been obtained. This initiative
is supported by the authorities in Ghana. A more detailed evaluation of the
volumes of tailings available and the gold grade is being undertaken.

These visits have resulted in other opportunities being presented. In
particular, the acquisition of gold in a form with a much higher grade and the
acquisition of gold mining properties and their subsequent development into
small mining operations are two examples of the opportunities available.

Commenting on progress in Ghana, Demetri Manolis, CEO of Goldplat, said, 'The
Ghana operation is only one area where Goldplat is making rapid progress. The
opportunities available to us to enter the junior mining area have exceeded
expectations, and some of our cash flow has been used to investigate these
opportunities. For that reason, the board took a decision to reduce the rate of
development in Ghana while maintaining profitability by stepping up South
African production. Despite the change of emphasis, production in Ghana
commenced precisely on schedule and I remain convinced of the excellent
prospects for GRG.'

David10B - 12 Jun 2007 17:17 - 6 of 61

Did some digging around on this one chaps, could well be worth a small tickle, very speculative, but quite excitingly spicy if you like a flutter with a good potential upside.

Have a look but research it well.

David10B - 13 Jun 2007 09:35 - 7 of 61

Good monring Chaps as I was saying and only yesterday:-

And its up a tad today,

You know chaps when these samll gold shares motor they either crash big time ---or fly, soaring as high as the vitality of shareholder's oxygen will let them.

I am betting this is a flier.

Goldplat Kenyan Gold Mine JV


RNS Number:2648Y
Goldplat plc
13 June 2007


Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration


13th June 2007

Goldplat plc ('Goldplat' or 'the Company')

Enters next stage of development with Kenyan Gold Mine Joint Venture


Goldplat plc, the AIM listed gold producer, has formed a joint venture to
develop the gold potential of the highly prospective 213 sq km Lolgorien licence
area located in the historically producing Migori Archaean Greenstone Belt in
western Kenya, with a view of establishing a mining operation in the short term.
The agreement marks the next stage in the Company's strategy to create a
mid-tier mining house focused on gold production, leveraged through revenue
generated from its gold and PGM mining by-product processing operations in South
Africa and Ghana.


Under the joint venture agreement with International Gold Exploration AB
("IGE"), a Swedish mineral exploration company quoted on the Oslo Stock
Exchange, a new company will be formed in Kenya ("Newco") into which IGE will
provide the mineral rights and transfer all existing plant, equipment and
buildings on the Lolgorien licence area. Goldplat will provide Newco with cash
and/or services and equipment to the value of US$400,000. Thereafter, each party
will contribute equally to the costs of gold exploration and production and
share equally in profits generated.


The Migori Archaean Greenstone Belt, where the Lolgorien licence area is
located, is in the northern continuation of the Lake Victoria Goldfields, which
hosts many major gold deposits. This includes Barrick's multi-million ounce
North Mara mine, which lies approximately 40 km to the southwest of the
Lolgorien property. The neighbouring Macalder Mine, which produced 950 kg of
gold between 1935 and 1966 and now has a resource of 1.24 million ounces ('ozs')
gold, is currently being explored by a Canadian junior. The belt is exposed for
90 km along a northwest strike and is approximately 11 kms wide. The structure
of the Migori belt is considered to be a broad syncline with Lolgorien situated
on the southern, more highly strained limb.


The licence area has been the site of considerable historical gold mining and is
still the focus of artisanal mining. Official reports, starting from the early
1900s, show that between 1920 and 1950 the area produced nearly 1 million ounces
of gold.


Substantial exploration and mining has historically been undertaken on the
Lolgorien licence area and up to ten targets have already been identified by
Goldplat's geological team. Kilimapesa Hill is currently the highest priority
target, which is part of a 10 km long ridge of banded iron formation (BIF) on
which there is a 1,400 m section of artisanal gold mining workings. The BIF
typically varies in width between 10-20 m although some areas reach 30 m, and
the entire zone of mineralisation is up to 60 m wide. There is a marked
similarity between the Kilimapesa style of mineralisation and that of the 2.2
million oz gold sulphide replacement BIF mineralisation at Golden Ridge, and the
mineralisation of Geita in Lake Victoria Goldfields. Five adits developed during
the early 1900s have been recently re-sampled and confirm that high grade values
were mainly situated within the BIFs, although there were also some high values
recorded in quartz veinlets in the adjacent lithologies. A drift followed the
quartz vein for 70 m and rock chip samples frequently returned values between
10-20 g/t Au.


In 1999 IGE sunk a shaft and undertook development in the southern portion of
the licence area, focusing on quartz vein swarms which recorded rock-chip sample
grading between 1 g/t Au and 140 g/t Au. There is also considerable geochemical
and drill data available from previous exploration programmes in the 1980s and
1990s, which requires re-interpretation. A small processing plant is on the
property comprising a ball mill, gravity circuit and CIL leach tanks. Many other
small mines also exist on the property, which are either abandoned or are being
worked by artisanal miners.


Goldplat's initial focus is to proceed to resource definition by taking the
following steps:


1. Collate all available geological and technical data and identify the most
promising targets, which will be prioritised and further evaluated by;

* Accessing old workings and sampling the target areas;
* Trenching on surface;
* Sampling of outcrop areas and other reef exposures; and
* Primary development in accessible areas to access larger areas of the
ore body.


2. Define available mineral resources based on the above exploration followed
by feasibility studies.


Demetri Manolis, CEO of Goldplat said, "This is an exciting first step towards
achieving Goldplat's strategy of becoming a leading mid-tier mining house
through acquisition. The Lolgorien licence area has significant historic
production and is in a region that houses some of Kenya's largest goldmines.
Kenya is an attractive country for us to operate in with an active Chamber of
Mines and a new Mining Act imminent, which is expected to reflect the liberal
philosophy of other countries such as neighbouring Tanzania. Using existing cash
resources we intend to initiate an extensive confirmatory exploration programme
to define a gold resource. We have the team and experience to make rapid
progress at Lolgorien and I believe that in a fairly short timeframe, we can
establish a gold mining operation in accordance with our strategy."


* * ENDS * *


For further information visit www.goldplat.com or contact:

Demetri Manolis, CEO Goldplat plc Tel: +27 11 423 1203
Mob: +27 82 454 7392

James Joyce WH Ireland Limited Tel: +44 (0)20 7220 1666

Isabel Crossley St Brides Media & Finance Ltd Tel: +44 (0)20 7242 4477



This information is provided by RNS
The company news service from the London Stock Exchange

END
JVEUOOWRBARNARR


hlyeo98 - 13 Jun 2007 10:44 - 8 of 61

Good update, David. Looks like this will be a flyer soon.

David10B - 13 Jun 2007 10:48 - 9 of 61

They certainly seem to know what they are doing and of course the product is all there right under their feet.

I thought it worth a few bob.

David10B - 14 Jun 2007 09:53 - 10 of 61

TIME TO GET YOUR BUYING HATS ON CHAPS!

David10B - 15 Jun 2007 15:39 - 11 of 61

As said worth a tickle eh!

David10B - 18 Jun 2007 08:51 - 12 of 61

Good morning chaps the new deal seems to have pleased the market even if they are not aware of it in Sweden.

Well worth a small punt.

David10B - 18 Jun 2007 10:44 - 13 of 61

There are now-------from iii

Good morning.
This is what we have been waiting for from Sweden:


INTERNATIONAL GOLD EXPLORATION IGE AB ENTERS A JOINT VENTURE WITH GOLDPLAT PLC

10:01
INTERNATIONAL GOLD EXPLORATION IGE AB ENTERS A JOINT VENTURE WITH GOLDPLAT PLC

International Gold Exploration IGE AB has formed a
joint venture with GoldPlat Plc in Kenya.

International Gold Exploration IGE AB has formed
a
joint venture with GoldPlat Plc in Kenya. Goldplat
Plc is a British gold producer, listed on the
Alternative Investment Market (AIM) in London,
which mainly operates in Africa. The management of
the company has extensive experience of opening
and
operating gold mines in South Africa and Ghana.

The agreement implies that a new, jointly owned,
company will be formed in Kenya. The company will
be responsible for the extraction of 10 gold
mineralizations, with a total area of 14 km2. The
agreed areas are located within the Lolgorien
concession owned by IGE, which has a total area of
325 km2. IGE and Goldplat shall respectively
invest
USD 400 000 in order to equally own the company,
by
50 % each. IGE will carry out this investment by
transferring tangible assets, in terms of
production equipment, from the wholly owned
subsidiary in Kenya, to a value corresponding to
USD 400 000.

The Lolgorien concession is one, out of seven,
concessions held by IGE in Kenya. IGE long term
goal in Kenya is to define several gold deposits
with enough tonnages and grades for large scale
open pit mining. The mineralizations included in
the joint venture agreement are not subject of
open
pit mining in the future. Golplat is specialized
in
narrow vein underground mining.

The agreement creates good conditions for
synergies
between IGE, which is specialized and well
experienced within exploration, and Goldplat which
focuses on production. The cooperation between IGE
and Goldplat can be subject of additional JV in
other areas of Africa in the future.

For further information please contact:

Michael Nilsson VD IGE, tel. +46 703 390 388

Or visit the company`s website: www.ige.se

David10B - 22 Jun 2007 10:01 - 14 of 61

mmmhhh see it was rated a buy in Shares Mag today!

Must be the way I pick them.

David10B - 05 Jul 2007 11:30 - 15 of 61

NOW SHOULD MOTOR NICELY AS THEY TIE UP WITH ONE OF THE BIGGEST AND OLDEST GOLD MINERS IN AFRICA.

hlyeo98 - 05 Jul 2007 13:01 - 16 of 61

Goldplat signs deal with Anglogold Ashanti, Rand Refinery to buy materials - AFX


LONDON (Thomson Financial) - Goldplat PLC said it has signed agreements with both AngloGold Ashanti Ltd and Rand Refinery Ltd to buy materials, which will be processed at Goldplat's gold recovery plants at Benoni in South Africa and at Tema in Ghana.

The AIM listed gold producer said the contract with Ashanti includes by-products such as woodchips, rubber and steel mill liners, oils and greases from Ashanti's sites at both the Vaal River and the West Wits areas.

On its agreement with Rand, Goldplat said it has first right of refusal to process all by-products not suitable for Rand's own refining process.

In turn, Rand Refinery, which already refines the bullion produced by Goldplat in South Africa, has exclusive rights to refine Goldplat's Ghanaian production.

Demetri Manolis, chief executive said the agreements ensure a continuing supply of quality material for processing and added it is aiming to fast-track its production in the Lolgorien licence area in Kenya.

TFN.newsdesk@thomson.com

David10B - 05 Jul 2007 16:45 - 17 of 61

Great end to the day nice move up more to come from this one. And I know there are some good deals in the pipe line. The mining game is so closely interlinked and you can find out with relative ease whats going on if you work at it.

25p very soon.

David10B - 08 Jul 2007 18:10 - 18 of 61

Doing some research on my mining stocks over the weekend I came across a potential nice little earner and although not in it as I think GDP have better prospects right now, I thought it worth a mench.

Its Aim-listed and called Aurum Mining.

They specialise in gold and copper prospects in Russia. The group has been around for a while and although had its fair share of bureaucratic problems over licences etc is now coming the end of its construction in the Kyrgyz Republic, of its of its Andash mine which should see mining production, possibly towards the end of the year with production set to commence later this year and reaching full production two years later.

Edison Investment Research who did such a fine job on its MLR company report are expecting a rerating of Aurum Mining shares soon as commercial production draws nearer. Also there is a rumour preditor lurking around in the form of KazkahGold.
Also in this business with copper and gold prices standing at a near all time high, share prices can move very quick.

We saw what happen to GDP last week on the mention of a recyclying deal with no figures involved so for me its one to watch and I may even buy next week.

Good luck one and all.


David10B - 15 Jul 2007 12:32 - 19 of 61

I am no chartist and certainly no ramper, but in my attempts to see if charting can be a good tool for me. I find that GDP loks promising over the coming weeks.

Any, and all, comments welcomed. good. bad and even from the ugly.

Makes no odds to me if you knock the shares I hold as I bought 'em!"

Have a nice day, the moors were perfect from the back of the Goldie, lovely and fresh this morning.

hlyeo98 - 31 Oct 2007 21:48 - 20 of 61


Goldplat is a very strong BUY at 15p...



Goldplat sees Ghana gold recovery plant operational in Jan 2008, ahead of time - AFX

LONDON (Thomson Financial) - Goldplat PLC said its gold recovery plant in the free port of Tema, Ghana, is targeted to be fully operational in January 2008, ahead of schedule.

It said the plant, owned by its Gold Recovery Ghana Ltd (GRG) unit, is already in production, with full commissioning targeted for December 2007.

The company said while it can expect an increasing contribution to the second-half results from GRG following the completion of its planned facilities, the prospects are further improved by the exciting possibilities for smelting concentrates.

Goldplat also said the construction of the carbon in leach circuit, the final part of phase two of the development programme, is on target to be completed at the end of November.

GRG plans to commission the plant in December and to be in full production in January 2008, the company added.

TFN.newsdesk@thomson.com


CyprusSteve - 17 Mar 2008 19:27 - 21 of 61

Hi all,
I am a great believer in this share. and I think it is currently greatly undervalued - and it is simply a question of time before the market recognises this.
I would guess that it will not be until Sepember when the full year profits are published that the true benefit of increased gold prices are reflected in Company results that investors may begin to wake up to GDP's strategy.
Having said that, it is my belief that we will see growth in the SP as newsflow on mining progress, and new acquisitions via the recent JV with Vunani, begins to flow .
I believe that we are due a progress RNS from GDP by the end of March, and, traditionally the Company have been good at updating the market on a monthly basis.
I have done a fair bit of research on GDP, and, if anyone would like me to send it to them, if you drop me a line to stevedavies1947@cytanet.com.cy I will be happy to forward it to you.
Regards
Steve
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