Gold One (GDO.AX) - seit Dezember Produzent - 500 Beiträge pro Seite
eröffnet am 06.01.10 18:33:15 von
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ID: 1.155.171
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ISIN: AU000000GDO5 · WKN: A0RGRG
Werte aus der Branche Rohstoffe
Wertpapier | Kurs | Perf. % |
---|---|---|
725,25 | +18,50 | |
0,8750 | +15,89 | |
0,8450 | +14,19 | |
1,2000 | +13,21 | |
6.730,00 | +12,09 |
Wertpapier | Kurs | Perf. % |
---|---|---|
1,0430 | -7,90 | |
2,6550 | -9,23 | |
0,5050 | -10,62 | |
0,5550 | -20,71 | |
30,55 | -30,88 |
Gold One declared Commercial and Continuous production at its Modder East mine on the East Rand, 30 km from Johannesburg on 01.12.09, and also owns the nearby existing Sub Nigel mine, which has recently been recommissioned. Its other projects and targets include Ventersburg, a large project with indicated resources of 1,43 Mio oz, and Bothaville, both in the Free State Goldfields, the Tulo concession in Mozambique and the Etendeka greenfields project in Namibia. It has an indicated and inferred resource base of 13 Mio oz of gold.
During November Au production from Modder East resulted in the maiden month’s operating profit for the project. Gold One anticipates that this trend will continue as production continues to increase. The announcement of commercial production follows on from a successful commissioning of both the mine and the newly built metallurgical plant, which saw first Au poured on 21.07. from underground ore. To date 11.041 oz have been produced. All components of the project are operating well and in many cases exceeding the design parameters. The grade and plant recoveries continue to exceed both the geological block model and metallurgical feasibility test work, respectively. Production ramp up has increased to 1.000 t/day. This throughput is 43% of the targeted monthly throughput required by the end of 2010 providing significant confidence in the guidance below
Produktionsziele
2009: 16-20.000 oz.
2010: 100-120.000 oz zu cash costs von U$330/oz
2011: 180.000 oz zu cash costs von U$250/oz
Finanzlage
Stand 30.09.09 verfügte GDO über A$31,5 Mio. Der Cash Outflow für das 4.Quartal wurde mit A$16 Mio prognostiziert. Es stehen Wandelanleihen mit Laufzeit bis Dezember 2012 iHv U$71,6 Mio aus.
Bewertung
es stehen rund 805 Mio Aktien sowie 50 Mio Optionen aus. Die Marktkapitalisierung (basic) beträgt aktuell A$258 Mio, basierend auf dem letzten Schlusskurs in Australien von 32 Cent
weiterführende Informationen
Homepage: http://www.gold1.co.za/index.php
Meldungen: http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode…
Präsentation: http://www.gold1.co.za/index.php?option=com_docman&Itemid=79…
aktueller Quartalsbericht: http://www.gold1.co.za/index.php?option=com_docman&task=doc_…
During November Au production from Modder East resulted in the maiden month’s operating profit for the project. Gold One anticipates that this trend will continue as production continues to increase. The announcement of commercial production follows on from a successful commissioning of both the mine and the newly built metallurgical plant, which saw first Au poured on 21.07. from underground ore. To date 11.041 oz have been produced. All components of the project are operating well and in many cases exceeding the design parameters. The grade and plant recoveries continue to exceed both the geological block model and metallurgical feasibility test work, respectively. Production ramp up has increased to 1.000 t/day. This throughput is 43% of the targeted monthly throughput required by the end of 2010 providing significant confidence in the guidance below
Produktionsziele
2009: 16-20.000 oz.
2010: 100-120.000 oz zu cash costs von U$330/oz
2011: 180.000 oz zu cash costs von U$250/oz
Finanzlage
Stand 30.09.09 verfügte GDO über A$31,5 Mio. Der Cash Outflow für das 4.Quartal wurde mit A$16 Mio prognostiziert. Es stehen Wandelanleihen mit Laufzeit bis Dezember 2012 iHv U$71,6 Mio aus.
Bewertung
es stehen rund 805 Mio Aktien sowie 50 Mio Optionen aus. Die Marktkapitalisierung (basic) beträgt aktuell A$258 Mio, basierend auf dem letzten Schlusskurs in Australien von 32 Cent
weiterführende Informationen
Homepage: http://www.gold1.co.za/index.php
Meldungen: http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode…
Präsentation: http://www.gold1.co.za/index.php?option=com_docman&Itemid=79…
aktueller Quartalsbericht: http://www.gold1.co.za/index.php?option=com_docman&task=doc_…
Antwort auf Beitrag Nr.: 38.678.039 von kockar am 06.01.10 19:37:28Hi sag mal die war ja bei 0,001 hast da welche bekommen?
Wow, hier ist ja richtig was los!
Im Fred als auch beim Kurs (und Volumen).
Wieso eigentlich? Halte das Ding für sehr interessant!
Im Fred als auch beim Kurs (und Volumen).
Wieso eigentlich? Halte das Ding für sehr interessant!
Hier ein Research:
http://www.gold1.co.za/index.php?option=com_docman&task=cat_…
KGV 2010E = 5,9
KGV 2011E = 2,8
http://www.gold1.co.za/index.php?option=com_docman&task=cat_…
KGV 2010E = 5,9
KGV 2011E = 2,8
COMPANY SNAPSHOT 4 Dec:
http://www.gold1.co.za/index.php?option=com_docman&task=cat_…
Total Recource 13,718,709 !
http://www.gold1.co.za/index.php?option=com_docman&task=cat_…
Total Recource 13,718,709 !
Hier mal ein Quartalsbericht.
Habe leider keine Zeit, ihn zu interpretieren.
Quelle: http://www.finanznachrichten.de/ext/goto.asp?id=16015308
GDO
GDO - Gold One International Limited - Appendix 5B Mining Exploration Entity
Quarterly Report
Gold One International Limited
(Previously BMA Gold Limited)
Registered in Western Australia under the Corporations Act, 2001 (Cth)
Registration number ACN: 094 265 746
Registered as an external company in the Republic of South Africa
Registration number: 2009/000032/10
Share code on the ASX/JSE: GDO
ISIN: AU000000GDO5
OTCQX International: GLDZY
("Gold One" or the "company")
APPENDIX 5B MINING EXPLORATION ENTITY QUARTERLY REPORT
Gold One today, Friday, 29 January 2010, submitted to the Australian Securities
Exchange ("ASX") an Appendix 5B "Mining exploration entity quarterly report":
QUOTE
NAME OF ENTITY
Gold One International Limited
ABN
35 094 265 746
QUARTER ENDED ("CURRENT QUARTER")
31 December 2009
CONSOLIDATED STATEMENT OF CASH FLOWS
Current Year to date
quarter (12 months)
Cash flows related to operating activities $A'000 $A'000
1.1 Receipts from product sales and related
debtors 6 624 6 624
1.2 Payments for
(a) exploration and evaluation (808) (3 610)
(b) development - -
(c) production (3 602) (3 602)
(d) administration (2 912) (10 994)
1.3 Dividends received - -
1.4 Interest and other items of a similar
nature received 944 2 533
1.5 Interest and other costs of finance paid (1 995) (11 999)
1.6 Income taxes paid (18) (173)
1.7 Other (provide details if material) -
See 1.25 (1 748) (6 293)
Net operating cash flows (3 515) (27 514)
Cash flows related to investing activities
1.8 Payment for purchases of:
(a)prospects - -
(b)equity investments - -
(c) other fixed assets (8 122) (51 489)
1.9 Proceeds from sale of:
(a)prospects - -
(b)equity investments - 7 526
(c)other fixed assets - 208
1.10 Loans to other entities - -
1.11 Loans repaid by other entities - -
1.12 Other (provide details if material) - (18)
Net investing cash flows (8 122) (43 773)
1.13 Total operating and investing cash
flows (carried forward) (11 637) (71 287)
Cash flows related to financing activities
1.14 Proceeds from issues of shares,
options, etc. 172 49 149
1.15 Proceeds from sale of forfeited shares - -
1.16 Proceeds from borrowings - -
1.17 Repayment of borrowings (8 802) (8 802)
1.18 Dividends paid - -
1.19 Other (provide details if material) (244) (1 979)
Net financing cash flows (8 874) 38 368
Net increase (decrease) in cash held (20 511) (32 919)
1.20 Cash at beginning of quarter/year to
date 31 552 40 170
1.21 Exchange rate adjustments to item 1.20 4 004 7 794
1.22 Cash at end of quarter 15 045 15 045
PAYMENTS TO DIRECTORS OF THE ENTITY AND ASSOCIATES OF THE DIRECTORS
PAYMENTS TO RELATED ENTITIES OF THE ENTITY AND ASSOCIATES OF THE RELATED
ENTITIES
Current
quarter
$A'000
1.23 Aggregate amount of payments to the parties included
in item 1.2 (93)
1.24 Aggregate amount of loans to the parties included in
item 1.10 -
1.25 Explanation necessary for an understanding of the transactions
Other Cashflows: Current
Quarter: 12 Months:
1.7 Transaction costs and corporate development
costs incurred (1 748) (6 293)
Current
Quarter: 9 Months:
1.19 Share issue costs incurred (244) (1 979)
NON-CASH FINANCING AND INVESTING ACTIVITIES
2.1 Details of financing and investing transactions which have had a material
effect on consolidated assets and liabilities but did not involve cash flows
N/A
2.2 Details of outlays made by other entities to establish or increase their
share in projects in which the reporting entity has an interest
N/A
FINANCING FACILITIES AVAILABLE
Amount Amount used
available $A'000
$A'000
3.1 Loan facilities Nil Nil
3.2 Credit standby arrangements Nil Nil
ESTIMATED CASH OUTFLOWS FOR NEXT QUARTER
$A'000
4.1 Exploration and evaluation 500
4.2 Development 5 500
Total 6 000
RECONCILIATION OF CASH
Reconciliation of cash at the end of the quarter
(as shown in the consolidated statement of cash Current Previous
flows) to the related items in the accounts is quarter quarter
as follows. $A'000 $A'000
5.1 Cash on hand and at bank 2 276 16 500
5.2 Deposits at call 12 769 15 052
5.3 Bank overdraft Nil Nil
5.4 Other (provide details) Nil Nil
Total: cash at end of quarter (item 1.22) 15 045 31 552
CHANGES IN INTERESTS IN MINING TENEMENTS
Interest at
Nature of beginning Interest
Tenement interest of quarter at end of
reference (note (2)) quarter
6.1 Interests in
mining tenements
relinquished,
reduced or lapsed Nil
6.2 Interests in
mining tenements
acquired or
increased Nil
ISSUED AND QUOTED SECURITIES AT END OF CURRENT QUARTER
Total number Number quoted Issue price Amount paid
per security up per
(see note 3) security
(cents) (see note 3)
(cents)
7.1 Preference
securities
7.2 Changes
during quarter
(a) Increases
through issues
(b) Decreases
through
returns of
capital, buy-
backs,
redemptions
7.3 Ordinary
securities 805,187,173 805,187,173 Fully paid
7.4 Changes
during quarter
(a) Increases
through issues
(b) Decreases
through
returns of
capital, buy-
backs
7.5
+Convertible 535
debt convertible
securities bonds
7.6 Changes
during quarter
(a) Increases
through issues
(b) Decreases
through
securities
matured,
converted (65)
7.7 Options
(description Unlisted Listed
and Options Options Exercise price Expiry date
conversion
factor)
6,562,498 6,562,498 0.50 AUD 12/10/2012
327,015 - 2.44 ZAR 14/09/2012
174,945 - 1.35 ZAR 16/02/2014
82,546 - 1.35 ZAR 19/01/2014
500,000 - 2.62 ZAR 20/12/2012
6,695,924 - 2.12 ZAR 21/12/2014
478,000 - 1.43 ZAR 23/04/2014
459,000 - 1.45 ZAR 23/10/2013
59,600 - 1.47 ZAR 24/02/2014
7,227,904 - 2.04 ZAR 24/06/2013
459,000 - 1.74 ZAR 25/09/2013
1,689,400 - 2.80 ZAR 11/12/2011
163,500 - 2.25 ZAR 01/08/2012
635,829 - 2.72 ZAR 03/10/2012
1,067,000 - 3.13 ZAR 12/11/2012
1,184,675 - 2.79 ZAR 11/12/2012
287,671 - 2.80 ZAR 11/12/2012
8,951,114 - 2.01 ZAR 12/06/2013
414,700 - 2.25 ZAR 01/08/2013
11,878,547 - 1.35 ZAR 11/12/2013
220,725 - 1.35 ZAR 05/01/2014
293,377 - 1.35 ZAR 02/02/2014
203,558 - 1.35 ZAR 09/02/2014
220,725 - 1.35 ZAR 01/05/2014
478,000 - 1.43 ZAR 04/05/2014
295,500 - 1.43 ZAR 06/05/2014
112,501 - 2.01 ZAR 12/06/2014
2,023,000 - 1.93 ZAR 06/10/2014
1,310,000 - 1.93 ZAR 12/10/2014
125,000 - 6.10 AUD 03/10/2011
1,375,000 - 1.00 AUD 12/03/2013
230,000 - 0.40 AUD 26/03/2013
10,000 - 0.40 AUD 15/06/2013
4,400,000 - 0.22 AUD 21/01/2014
60,596,254 6,562,498
7.8 Issued
during
quarter 10,028,924 Nil
7.9 Exercised
during
quarter Nil Nil
7.10 Expired
during
quarter 79,848 N/A N/A N/A
7.11 Debentures
7.12 Unsecured notes
COMPLIANCE STATEMENT
1 This statement has been prepared under accounting policies which comply with
accounting standards as defined in the Corporations Law or other standards
acceptable to ASX (see note 4).
2 This statement does give a true and fair view of the matters disclosed.
Signed
Date: 28 January 2010
Print name: Pierre Kruger
(Company Secretary)
NOTES
1 The quarterly report provides a basis for informing the market how the
entity's activities have been financed for the past quarter and the effect on
its cash position. An entity wanting to disclose additional information is
encouraged to do so, in a note or notes attached to this report.
2 The "Nature of interest" (items 6.1 and 6.2) includes options in respect of
interests in mining tenements acquired, exercised or lapsed during the reporting
period. If the entity is involved in a joint venture agreement and there are
conditions precedent which will change its percentage interest in a mining
tenement, it should disclose the change of percentage interest and conditions
precedent in the list required for items 6.1 and 6.2.
3 Issued and quoted securities: The issue price and amount paid up is not
required in items 7.1 and 7.3 for fully paid securities.
4 The definitions in, and provisions of, AASB 1022: Accounting for Extractive
Industries and AASB 1026: Statement of Cash Flows apply to this report.
5 Accounting Standards: ASX will accept, for example, the use of International
Accounting Standards for foreign entities. If the standards used do not address
a topic, the Australian standard on that topic (if any) must be complied with.
UNQUOTE
Parktown, Johannesburg
29 January 2009
Sponsor
Macquarie First South Advisers (Pty) Limited
Date: 29/01/2010 12:53:05 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Habe leider keine Zeit, ihn zu interpretieren.
Quelle: http://www.finanznachrichten.de/ext/goto.asp?id=16015308
GDO
GDO - Gold One International Limited - Appendix 5B Mining Exploration Entity
Quarterly Report
Gold One International Limited
(Previously BMA Gold Limited)
Registered in Western Australia under the Corporations Act, 2001 (Cth)
Registration number ACN: 094 265 746
Registered as an external company in the Republic of South Africa
Registration number: 2009/000032/10
Share code on the ASX/JSE: GDO
ISIN: AU000000GDO5
OTCQX International: GLDZY
("Gold One" or the "company")
APPENDIX 5B MINING EXPLORATION ENTITY QUARTERLY REPORT
Gold One today, Friday, 29 January 2010, submitted to the Australian Securities
Exchange ("ASX") an Appendix 5B "Mining exploration entity quarterly report":
QUOTE
NAME OF ENTITY
Gold One International Limited
ABN
35 094 265 746
QUARTER ENDED ("CURRENT QUARTER")
31 December 2009
CONSOLIDATED STATEMENT OF CASH FLOWS
Current Year to date
quarter (12 months)
Cash flows related to operating activities $A'000 $A'000
1.1 Receipts from product sales and related
debtors 6 624 6 624
1.2 Payments for
(a) exploration and evaluation (808) (3 610)
(b) development - -
(c) production (3 602) (3 602)
(d) administration (2 912) (10 994)
1.3 Dividends received - -
1.4 Interest and other items of a similar
nature received 944 2 533
1.5 Interest and other costs of finance paid (1 995) (11 999)
1.6 Income taxes paid (18) (173)
1.7 Other (provide details if material) -
See 1.25 (1 748) (6 293)
Net operating cash flows (3 515) (27 514)
Cash flows related to investing activities
1.8 Payment for purchases of:
(a)prospects - -
(b)equity investments - -
(c) other fixed assets (8 122) (51 489)
1.9 Proceeds from sale of:
(a)prospects - -
(b)equity investments - 7 526
(c)other fixed assets - 208
1.10 Loans to other entities - -
1.11 Loans repaid by other entities - -
1.12 Other (provide details if material) - (18)
Net investing cash flows (8 122) (43 773)
1.13 Total operating and investing cash
flows (carried forward) (11 637) (71 287)
Cash flows related to financing activities
1.14 Proceeds from issues of shares,
options, etc. 172 49 149
1.15 Proceeds from sale of forfeited shares - -
1.16 Proceeds from borrowings - -
1.17 Repayment of borrowings (8 802) (8 802)
1.18 Dividends paid - -
1.19 Other (provide details if material) (244) (1 979)
Net financing cash flows (8 874) 38 368
Net increase (decrease) in cash held (20 511) (32 919)
1.20 Cash at beginning of quarter/year to
date 31 552 40 170
1.21 Exchange rate adjustments to item 1.20 4 004 7 794
1.22 Cash at end of quarter 15 045 15 045
PAYMENTS TO DIRECTORS OF THE ENTITY AND ASSOCIATES OF THE DIRECTORS
PAYMENTS TO RELATED ENTITIES OF THE ENTITY AND ASSOCIATES OF THE RELATED
ENTITIES
Current
quarter
$A'000
1.23 Aggregate amount of payments to the parties included
in item 1.2 (93)
1.24 Aggregate amount of loans to the parties included in
item 1.10 -
1.25 Explanation necessary for an understanding of the transactions
Other Cashflows: Current
Quarter: 12 Months:
1.7 Transaction costs and corporate development
costs incurred (1 748) (6 293)
Current
Quarter: 9 Months:
1.19 Share issue costs incurred (244) (1 979)
NON-CASH FINANCING AND INVESTING ACTIVITIES
2.1 Details of financing and investing transactions which have had a material
effect on consolidated assets and liabilities but did not involve cash flows
N/A
2.2 Details of outlays made by other entities to establish or increase their
share in projects in which the reporting entity has an interest
N/A
FINANCING FACILITIES AVAILABLE
Amount Amount used
available $A'000
$A'000
3.1 Loan facilities Nil Nil
3.2 Credit standby arrangements Nil Nil
ESTIMATED CASH OUTFLOWS FOR NEXT QUARTER
$A'000
4.1 Exploration and evaluation 500
4.2 Development 5 500
Total 6 000
RECONCILIATION OF CASH
Reconciliation of cash at the end of the quarter
(as shown in the consolidated statement of cash Current Previous
flows) to the related items in the accounts is quarter quarter
as follows. $A'000 $A'000
5.1 Cash on hand and at bank 2 276 16 500
5.2 Deposits at call 12 769 15 052
5.3 Bank overdraft Nil Nil
5.4 Other (provide details) Nil Nil
Total: cash at end of quarter (item 1.22) 15 045 31 552
CHANGES IN INTERESTS IN MINING TENEMENTS
Interest at
Nature of beginning Interest
Tenement interest of quarter at end of
reference (note (2)) quarter
6.1 Interests in
mining tenements
relinquished,
reduced or lapsed Nil
6.2 Interests in
mining tenements
acquired or
increased Nil
ISSUED AND QUOTED SECURITIES AT END OF CURRENT QUARTER
Total number Number quoted Issue price Amount paid
per security up per
(see note 3) security
(cents) (see note 3)
(cents)
7.1 Preference
securities
7.2 Changes
during quarter
(a) Increases
through issues
(b) Decreases
through
returns of
capital, buy-
backs,
redemptions
7.3 Ordinary
securities 805,187,173 805,187,173 Fully paid
7.4 Changes
during quarter
(a) Increases
through issues
(b) Decreases
through
returns of
capital, buy-
backs
7.5
+Convertible 535
debt convertible
securities bonds
7.6 Changes
during quarter
(a) Increases
through issues
(b) Decreases
through
securities
matured,
converted (65)
7.7 Options
(description Unlisted Listed
and Options Options Exercise price Expiry date
conversion
factor)
6,562,498 6,562,498 0.50 AUD 12/10/2012
327,015 - 2.44 ZAR 14/09/2012
174,945 - 1.35 ZAR 16/02/2014
82,546 - 1.35 ZAR 19/01/2014
500,000 - 2.62 ZAR 20/12/2012
6,695,924 - 2.12 ZAR 21/12/2014
478,000 - 1.43 ZAR 23/04/2014
459,000 - 1.45 ZAR 23/10/2013
59,600 - 1.47 ZAR 24/02/2014
7,227,904 - 2.04 ZAR 24/06/2013
459,000 - 1.74 ZAR 25/09/2013
1,689,400 - 2.80 ZAR 11/12/2011
163,500 - 2.25 ZAR 01/08/2012
635,829 - 2.72 ZAR 03/10/2012
1,067,000 - 3.13 ZAR 12/11/2012
1,184,675 - 2.79 ZAR 11/12/2012
287,671 - 2.80 ZAR 11/12/2012
8,951,114 - 2.01 ZAR 12/06/2013
414,700 - 2.25 ZAR 01/08/2013
11,878,547 - 1.35 ZAR 11/12/2013
220,725 - 1.35 ZAR 05/01/2014
293,377 - 1.35 ZAR 02/02/2014
203,558 - 1.35 ZAR 09/02/2014
220,725 - 1.35 ZAR 01/05/2014
478,000 - 1.43 ZAR 04/05/2014
295,500 - 1.43 ZAR 06/05/2014
112,501 - 2.01 ZAR 12/06/2014
2,023,000 - 1.93 ZAR 06/10/2014
1,310,000 - 1.93 ZAR 12/10/2014
125,000 - 6.10 AUD 03/10/2011
1,375,000 - 1.00 AUD 12/03/2013
230,000 - 0.40 AUD 26/03/2013
10,000 - 0.40 AUD 15/06/2013
4,400,000 - 0.22 AUD 21/01/2014
60,596,254 6,562,498
7.8 Issued
during
quarter 10,028,924 Nil
7.9 Exercised
during
quarter Nil Nil
7.10 Expired
during
quarter 79,848 N/A N/A N/A
7.11 Debentures
7.12 Unsecured notes
COMPLIANCE STATEMENT
1 This statement has been prepared under accounting policies which comply with
accounting standards as defined in the Corporations Law or other standards
acceptable to ASX (see note 4).
2 This statement does give a true and fair view of the matters disclosed.
Signed
Date: 28 January 2010
Print name: Pierre Kruger
(Company Secretary)
NOTES
1 The quarterly report provides a basis for informing the market how the
entity's activities have been financed for the past quarter and the effect on
its cash position. An entity wanting to disclose additional information is
encouraged to do so, in a note or notes attached to this report.
2 The "Nature of interest" (items 6.1 and 6.2) includes options in respect of
interests in mining tenements acquired, exercised or lapsed during the reporting
period. If the entity is involved in a joint venture agreement and there are
conditions precedent which will change its percentage interest in a mining
tenement, it should disclose the change of percentage interest and conditions
precedent in the list required for items 6.1 and 6.2.
3 Issued and quoted securities: The issue price and amount paid up is not
required in items 7.1 and 7.3 for fully paid securities.
4 The definitions in, and provisions of, AASB 1022: Accounting for Extractive
Industries and AASB 1026: Statement of Cash Flows apply to this report.
5 Accounting Standards: ASX will accept, for example, the use of International
Accounting Standards for foreign entities. If the standards used do not address
a topic, the Australian standard on that topic (if any) must be complied with.
UNQUOTE
Parktown, Johannesburg
29 January 2009
Sponsor
Macquarie First South Advisers (Pty) Limited
Date: 29/01/2010 12:53:05 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Antwort auf Beitrag Nr.: 38.840.783 von eisenfaust1940 am 29.01.10 12:13:23auszeitbedingt erst heute meine Sicht - Insgesamt bin ich sehr zufrieden.
Insbesondere gab es keine größeren Probleme (wie so oft in der Anfangsphase von Mineninbetriebnahmen) und die Produktionsziele wurden erreicht (wenn auch mehr am unteren Ende der Prognose), wobei die operativen Kosten sogar unter Plan lagen. Das stimmt zuversichtlich für die weitere Entwicklung. Erfreulich auch, daß man bereits mit dem Rückkauf der Bonds begonnen hat, wodurch sowohl die Zinslast, als auch die mögliche zukünftige Verwässerung des Aktienkapitals verringert wird. Die Aktie bleibt m.E. langfristig, d.h. mit Blick auf die avisierte Jahresproduktion von 180.000 oz äußerst vielversprechend.
Insbesondere gab es keine größeren Probleme (wie so oft in der Anfangsphase von Mineninbetriebnahmen) und die Produktionsziele wurden erreicht (wenn auch mehr am unteren Ende der Prognose), wobei die operativen Kosten sogar unter Plan lagen. Das stimmt zuversichtlich für die weitere Entwicklung. Erfreulich auch, daß man bereits mit dem Rückkauf der Bonds begonnen hat, wodurch sowohl die Zinslast, als auch die mögliche zukünftige Verwässerung des Aktienkapitals verringert wird. Die Aktie bleibt m.E. langfristig, d.h. mit Blick auf die avisierte Jahresproduktion von 180.000 oz äußerst vielversprechend.
Antwort auf Beitrag Nr.: 39.022.465 von MFC500 am 26.02.10 17:34:33Sehe ich auch so. Daher auch investiert. Auch Ambrian hält Gold One für sehr interessant! (Ambrian - Selected Gold Equities - Top Picks for 2010)
08.03.10
Gold One is pleased to advise that following the most recent quarterly rebalance of the Australian Securities Exchange (“ASX”) indices, the company will be added as a constituent to the ASX All Ordinaries index (“All Ordinaries”).
The addition to the All Ordinaries, which measures the top 500 companies by market capitalisation, will be effective after close of trading on March 19, 2010.
Standard and Poor’s, managers of the indices in Australia, said more than 50% of the additions to the All Ordinaries came from the materials sector. The quarterly rebalance considers the aggregate market capitalisation and liquidity of stocks for the preceding six months as a basis for eligibility.
Gold One announced in its most recent quarterly update that over 50% of the company’s shares are now held on its Australian register while average daily volume in the stock for the three months to end December 2009 was over 1.2 million shares.
Commented Gold One President and CEO Neal Froneman ”We view the inclusion in the index as a step in the right direction. We have worked hard at ensuring that the majority of our shares are held on the Australian register while also ensuring liquidity in the stock improves, attracting long-term quality investors who believe in the Gold One investment proposition”
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=4831…
Gold One is pleased to advise that following the most recent quarterly rebalance of the Australian Securities Exchange (“ASX”) indices, the company will be added as a constituent to the ASX All Ordinaries index (“All Ordinaries”).
The addition to the All Ordinaries, which measures the top 500 companies by market capitalisation, will be effective after close of trading on March 19, 2010.
Standard and Poor’s, managers of the indices in Australia, said more than 50% of the additions to the All Ordinaries came from the materials sector. The quarterly rebalance considers the aggregate market capitalisation and liquidity of stocks for the preceding six months as a basis for eligibility.
Gold One announced in its most recent quarterly update that over 50% of the company’s shares are now held on its Australian register while average daily volume in the stock for the three months to end December 2009 was over 1.2 million shares.
Commented Gold One President and CEO Neal Froneman ”We view the inclusion in the index as a step in the right direction. We have worked hard at ensuring that the majority of our shares are held on the Australian register while also ensuring liquidity in the stock improves, attracting long-term quality investors who believe in the Gold One investment proposition”
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=4831…
Investor Presentation http://www.asx.com.au/asxpdf/20100310/pdf/31p5kjbbn5tb7r.pdf
Das Teil wird uns noch viel Freude machen!
Schade das ich keine weiteren Mittel habe um günstig nachzukaufen.
JOHANNESBURG (miningweekly.com) – The JSE- and ASX-listed gold junior Gold One said on Wednesday that it had secured additional prospecting rights in Gauteng province's East Rand Basin, 30 km from Johannesburg.
Gold One CEO Neal Froneman told the Citi Global Resources Conference in London that the contiguous prospecting rights over 16 000 ha had an inferred resource of 5,2-million ounces of gold at a grade of 3,39 g/t and was separated from the East Rand and Central Rand water basin, where mining had to be accompanied by costly water pumping.
Froneman outlined that the project – dubbed Megamine – incorporated the consolidated areas in the vicinity of the three former gold mines of Spaarwater, Vlakfontein and West Vlakfontein.
He also drew attention to other shallow East Rand Basin resources that could deliver an additional 50 kg of gold a month to the company's new Modder East gold plant serving the company's Modder East gold mine, which was currently cash positive.
Modder East's depth of from 300 m to 500 m is a fraction of the South African average gold-mine depth of 3 000 m.
Froneman told the conference that the initial eight-year life-of-mine Modder East would produce from 10 000 oz to 120 000 oz of gold in 2010 and reach steady-state production of 180 000 oz a year from 2011.
He added that Modder East's cash costs were below $300/oz, and that costs were continuing to fall.
The unhedged company also had no bank debt, but a convertible bond that would absorb 142-million shares 805-million shares on offer.
The operating cost exposure of Modder East – located close to an urban area with excellent infrastructure – to the new Eskom electricity tariffs was a moderate 7% in 2010, rising to 9% in 2012.
Froneman said that independent consultants had signed off an indicated and inferred code-compliant resource of 13-million ounces for the company's South African operations including Ventersburg in the Free State. Not included in the total were the Etendeka prospect in Namibia and the Tulo prospect in Mozambique.
The corporate head office of Gold One is in Sydney - where only 9,3% of its shareholding resides - and the operational office in Johannesburg – where 30,9% of its shareholders are based.
Schade das ich keine weiteren Mittel habe um günstig nachzukaufen.
JOHANNESBURG (miningweekly.com) – The JSE- and ASX-listed gold junior Gold One said on Wednesday that it had secured additional prospecting rights in Gauteng province's East Rand Basin, 30 km from Johannesburg.
Gold One CEO Neal Froneman told the Citi Global Resources Conference in London that the contiguous prospecting rights over 16 000 ha had an inferred resource of 5,2-million ounces of gold at a grade of 3,39 g/t and was separated from the East Rand and Central Rand water basin, where mining had to be accompanied by costly water pumping.
Froneman outlined that the project – dubbed Megamine – incorporated the consolidated areas in the vicinity of the three former gold mines of Spaarwater, Vlakfontein and West Vlakfontein.
He also drew attention to other shallow East Rand Basin resources that could deliver an additional 50 kg of gold a month to the company's new Modder East gold plant serving the company's Modder East gold mine, which was currently cash positive.
Modder East's depth of from 300 m to 500 m is a fraction of the South African average gold-mine depth of 3 000 m.
Froneman told the conference that the initial eight-year life-of-mine Modder East would produce from 10 000 oz to 120 000 oz of gold in 2010 and reach steady-state production of 180 000 oz a year from 2011.
He added that Modder East's cash costs were below $300/oz, and that costs were continuing to fall.
The unhedged company also had no bank debt, but a convertible bond that would absorb 142-million shares 805-million shares on offer.
The operating cost exposure of Modder East – located close to an urban area with excellent infrastructure – to the new Eskom electricity tariffs was a moderate 7% in 2010, rising to 9% in 2012.
Froneman said that independent consultants had signed off an indicated and inferred code-compliant resource of 13-million ounces for the company's South African operations including Ventersburg in the Free State. Not included in the total were the Etendeka prospect in Namibia and the Tulo prospect in Mozambique.
The corporate head office of Gold One is in Sydney - where only 9,3% of its shareholding resides - and the operational office in Johannesburg – where 30,9% of its shareholders are based.
Antwort auf Beitrag Nr.: 39.080.968 von MFC500 am 08.03.10 07:41:46Neal Froneman? Der von SXR Uranium One?
Im Heibel-Ticker (2007) wurde der für "pfiffig" gehalten.
Im Heibel-Ticker (2007) wurde der für "pfiffig" gehalten.
GDO
GDO - Gold One International Limited - Appendix 3b - New Issue Announcement,
Application for Quotation of Additional Securities and Agreement
Gold One International Limited
(Previously BMA Gold Limited)
Registered in Western Australia under the Corporations Act, 2001
(Cth)(Registration number ACN: 094 265 746)
Registered as an external company in the Republic of South Africa (Registration
number: 2009/000032/10)
Share code on the ASX/JSE: GDO
ISIN: AU000000GDO5
OTCQX International: GLDZY
("Gold One" or the "company")
APPENDIX 3B - NEW ISSUE ANNOUNCEMENT, APPLICATION FOR QUOTATION OF ADDITIONAL
SECURITIES AND AGREEMENT
Gold One on Thursday, 11 March 2010, submitted to the Australian Securities
Exchange ("ASX") an Appendix 3B "New issue announcement, application for
quotation of additional securities and agreement" in respect of the issue of 542
fully paid ordinary shares issued on exercise of unlisted options.
QUOTE
NAME OF ENTITY
Gold One International Limited
ABN
35 094 265 746
We (the entity) give ASX the following information
PART 1 - ALL ISSUES
1. Class of securities issued or to be issued
Fully paid ordinary shares
2. Number of securities issued or to be issued (if known) or maximum number
which may be issued
542
3. Principal terms of the securities (eg, if options, exercise price and
expiry date; if partly paid securities, the amount outstanding and due
dates for payment; if convertible securities, the conversion price and
dates for conversion)
Fully paid ordinary shares
4. Do the securities rank equally in all respects from the date of allotment
with an existing +class of quoted securities?
If the additional securities do not rank equally, please state:
- the date from which they do
- the extent to which they participate for the next dividend, (in the
case of a trust, distribution) or interest payment
- the extent to which they do not rank equally, other than in relation
to the next dividend, distribution or interest payment
Yes
5. Issue price or consideration
AUD$0.50
6. Purpose of the issue:
(If issued as consideration for the acquisition of assets, clearly identify
those assets)
Shares issued on exercise of GDO options
7. Dates of entering securities into uncertificated holdings or despatch of
certificates
11 March 2010
8. Number and class of all securities quoted on ASX (including the securities
in clause 2 if applicable)
Number Class
805,239,940 Fully paid ordinary shares
6,561,956 Options to acquire fully paid ordinary
shares
9. Number and class of all securities not quoted on ASX (including the
securities in clause 2 if applicable)
Number Class
54,666,531 Unlisted options
501 Convertible bonds
10. Dividend policy (in the case of a trust, distribution policy) on the
increased capital (interests)
N/A
PART 2 - BONUS ISSUE OR PRO RATA ISSUE
Questions 11 to 33 - Not Applicable
PART 3 - QUOTATION OF SECURITIES
34.Type of securities (tick one)
a. Securities described in part 1 (Yes)
b. All other securities (No)
Questions 35 to 42 - Not Applicable
QUOTATION AGREEMENT
1. Quotation of our additional securities is in ASX's absolute discretion. ASX
may quote the securities on any conditions it decides.
2. We warrant the following to ASX.
- The issue of the +securities to be quoted complies with the law and is
not for an illegal purpose.
- There is no reason why those securities should not be granted
quotation.
- An offer of the +securities for sale within 12 months after their
issue will not require disclosure under section 707(3) or section
1012C(6) of the Corporations Act.
- Note: An entity may need to obtain appropriate warranties from
subscribers for the securities in order to be able to give this
warranty
- Section 724 or section 1016E of the Corporations Act does not apply to
any applications received by us in relation to any securities to be
quoted and that no-one has any right to return any securities to be
quoted under sections 737, 738 or 1016F of the Corporations Act at the
time that we request that the +securities be quoted.
- If we are a trust, we warrant that no person has the right to return
the securities to be quoted under section 1019B of the Corporations
Act at the time that we request that the securities be quoted.
3. We will indemnify ASX to the fullest extent permitted by law in respect of
any claim, action or expense arising from or connected with any breach of
the warranties in this agreement.
4. We give ASX the information and documents required by this form. If any
information or document not available now, will give it to ASX before
quotation of the securities begins. We acknowledge that ASX is relying on
the information and documents. We warrant that they are (will be) true and
complete.
Signed
11 March 2010
Company Secretary (Australia): Kellie Pickering
UNQUOTE
Parktown, Johannesburg
11 March 2010
SPONSOR
Macquarie First South Advisers (Pty) Limited
Date: 11/03/2010 07:30:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
GDO - Gold One International Limited - Appendix 3b - New Issue Announcement,
Application for Quotation of Additional Securities and Agreement
Gold One International Limited
(Previously BMA Gold Limited)
Registered in Western Australia under the Corporations Act, 2001
(Cth)(Registration number ACN: 094 265 746)
Registered as an external company in the Republic of South Africa (Registration
number: 2009/000032/10)
Share code on the ASX/JSE: GDO
ISIN: AU000000GDO5
OTCQX International: GLDZY
("Gold One" or the "company")
APPENDIX 3B - NEW ISSUE ANNOUNCEMENT, APPLICATION FOR QUOTATION OF ADDITIONAL
SECURITIES AND AGREEMENT
Gold One on Thursday, 11 March 2010, submitted to the Australian Securities
Exchange ("ASX") an Appendix 3B "New issue announcement, application for
quotation of additional securities and agreement" in respect of the issue of 542
fully paid ordinary shares issued on exercise of unlisted options.
QUOTE
NAME OF ENTITY
Gold One International Limited
ABN
35 094 265 746
We (the entity) give ASX the following information
PART 1 - ALL ISSUES
1. Class of securities issued or to be issued
Fully paid ordinary shares
2. Number of securities issued or to be issued (if known) or maximum number
which may be issued
542
3. Principal terms of the securities (eg, if options, exercise price and
expiry date; if partly paid securities, the amount outstanding and due
dates for payment; if convertible securities, the conversion price and
dates for conversion)
Fully paid ordinary shares
4. Do the securities rank equally in all respects from the date of allotment
with an existing +class of quoted securities?
If the additional securities do not rank equally, please state:
- the date from which they do
- the extent to which they participate for the next dividend, (in the
case of a trust, distribution) or interest payment
- the extent to which they do not rank equally, other than in relation
to the next dividend, distribution or interest payment
Yes
5. Issue price or consideration
AUD$0.50
6. Purpose of the issue:
(If issued as consideration for the acquisition of assets, clearly identify
those assets)
Shares issued on exercise of GDO options
7. Dates of entering securities into uncertificated holdings or despatch of
certificates
11 March 2010
8. Number and class of all securities quoted on ASX (including the securities
in clause 2 if applicable)
Number Class
805,239,940 Fully paid ordinary shares
6,561,956 Options to acquire fully paid ordinary
shares
9. Number and class of all securities not quoted on ASX (including the
securities in clause 2 if applicable)
Number Class
54,666,531 Unlisted options
501 Convertible bonds
10. Dividend policy (in the case of a trust, distribution policy) on the
increased capital (interests)
N/A
PART 2 - BONUS ISSUE OR PRO RATA ISSUE
Questions 11 to 33 - Not Applicable
PART 3 - QUOTATION OF SECURITIES
34.Type of securities (tick one)
a. Securities described in part 1 (Yes)
b. All other securities (No)
Questions 35 to 42 - Not Applicable
QUOTATION AGREEMENT
1. Quotation of our additional securities is in ASX's absolute discretion. ASX
may quote the securities on any conditions it decides.
2. We warrant the following to ASX.
- The issue of the +securities to be quoted complies with the law and is
not for an illegal purpose.
- There is no reason why those securities should not be granted
quotation.
- An offer of the +securities for sale within 12 months after their
issue will not require disclosure under section 707(3) or section
1012C(6) of the Corporations Act.
- Note: An entity may need to obtain appropriate warranties from
subscribers for the securities in order to be able to give this
warranty
- Section 724 or section 1016E of the Corporations Act does not apply to
any applications received by us in relation to any securities to be
quoted and that no-one has any right to return any securities to be
quoted under sections 737, 738 or 1016F of the Corporations Act at the
time that we request that the +securities be quoted.
- If we are a trust, we warrant that no person has the right to return
the securities to be quoted under section 1019B of the Corporations
Act at the time that we request that the securities be quoted.
3. We will indemnify ASX to the fullest extent permitted by law in respect of
any claim, action or expense arising from or connected with any breach of
the warranties in this agreement.
4. We give ASX the information and documents required by this form. If any
information or document not available now, will give it to ASX before
quotation of the securities begins. We acknowledge that ASX is relying on
the information and documents. We warrant that they are (will be) true and
complete.
Signed
11 March 2010
Company Secretary (Australia): Kellie Pickering
UNQUOTE
Parktown, Johannesburg
11 March 2010
SPONSOR
Macquarie First South Advisers (Pty) Limited
Date: 11/03/2010 07:30:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
!
Dieser Beitrag wurde moderiert.
Paydirt Gold Conference presentation
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=4838…
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=4838…
Wage Negotiations Update
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=4843…
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=4843…
March 17, 2010
DESPITE a possible strike, Gold One International expects to double output this year at its South African mine but next year has higher forecasts.
Its flagship Modder East underground gold mine in South Africa was relatively shallow at about 300m compared to more normal 2000m deep South African gold miners which considerably enhancing mine margins and higher productivity rates, said its president Neal Froneman.
``We have commenced a scale-up in production and are currently running at around 60,000 ounces per annum but will push this out by years end to between 100,000 and 120,000 ounces,'' he said.
``Our focus is to make sure Modder East continues to deliver on this ramp up and achieve a steady rate of between 150,000 and 180,000 ounces from 2011.''
Gold One yesterday reported problems at its South African operations.
It said wage negotiations with NUM - the union representing the company's 1000 workers - had ``temporarily deadlocked'' and the ``possibility of strike action'' could not be discounted.
``Gold One management has contingency plans in place to manage the impact of a possible strike,'' it said.
The company was also finalising a debt facility over the next two months to service end-of-year puts of convertible notes by bondholders.
Mr Froneman saying negotiations are currently being progressed with four shortlisted banks to secure a senior secured debt facility with final non binding proposals received last month from all four.
Modder East has an initial mine life of eight years with potential for significant longer life.
First gold was poured in July last year from an initial reserve of 7.65 million tonnes at 5.5gpt for 1.36 million ounces of contained gold.
Initial production since late last year has been at a cost of around $US593 an ounce produced.
http://www.perthnow.com.au/business/gold-one-to-double-produ…
DESPITE a possible strike, Gold One International expects to double output this year at its South African mine but next year has higher forecasts.
Its flagship Modder East underground gold mine in South Africa was relatively shallow at about 300m compared to more normal 2000m deep South African gold miners which considerably enhancing mine margins and higher productivity rates, said its president Neal Froneman.
``We have commenced a scale-up in production and are currently running at around 60,000 ounces per annum but will push this out by years end to between 100,000 and 120,000 ounces,'' he said.
``Our focus is to make sure Modder East continues to deliver on this ramp up and achieve a steady rate of between 150,000 and 180,000 ounces from 2011.''
Gold One yesterday reported problems at its South African operations.
It said wage negotiations with NUM - the union representing the company's 1000 workers - had ``temporarily deadlocked'' and the ``possibility of strike action'' could not be discounted.
``Gold One management has contingency plans in place to manage the impact of a possible strike,'' it said.
The company was also finalising a debt facility over the next two months to service end-of-year puts of convertible notes by bondholders.
Mr Froneman saying negotiations are currently being progressed with four shortlisted banks to secure a senior secured debt facility with final non binding proposals received last month from all four.
Modder East has an initial mine life of eight years with potential for significant longer life.
First gold was poured in July last year from an initial reserve of 7.65 million tonnes at 5.5gpt for 1.36 million ounces of contained gold.
Initial production since late last year has been at a cost of around $US593 an ounce produced.
http://www.perthnow.com.au/business/gold-one-to-double-produ…
19.03.10
Gold One advises that it has received formal notification from the National Union of Mineworkers ("NUM") that its members will embark on industrial action with effect from the start of night shift on Tuesday, 23 March 2010 at the company`s South African operations. The industrial action relates to an impasse between the parties with respect to wage negotiations. Shareholders are referred to previous announcements, which can be found on the company`s website and which contain further details.
http://www.sharenet.co.za/v3/sens_display.php?tdate=20100319…
Gold One advises that it has received formal notification from the National Union of Mineworkers ("NUM") that its members will embark on industrial action with effect from the start of night shift on Tuesday, 23 March 2010 at the company`s South African operations. The industrial action relates to an impasse between the parties with respect to wage negotiations. Shareholders are referred to previous announcements, which can be found on the company`s website and which contain further details.
http://www.sharenet.co.za/v3/sens_display.php?tdate=20100319…
Change in substantial holding
http://www.asx.com.au/asxpdf/20100331/pdf/31pk5hqrrsxtm5.pdf
http://www.asx.com.au/asxpdf/20100331/pdf/31pk5hqrrsxtm5.pdf
Gold One - annual financial statements and President and CEO's review
Thursday , 01 Apr 2010
2009 Highlights:
Establishment of the company's Sub Nigel training centre
Successful A$37,7 million capital raising
First gold pour from underground ore on 21 July 2009
Declaration of Commercial and Continuous production on 1 December 2009
Production of 17,040 ounces
2010 Focus Areas:
Focus on Modder East production delivery
Restructure the Balance Sheet by implementing a debt facility
Further Improve shareholder spread and trading liquidity
Gold One International Limited (ASX and JSE: GDO) today released its Annual Financial Statements and Annual Report for the year to 31 December 2009.
President and Chief Executive Officer, Neal Froneman, provided this review in the Annual Report.
I was appointed Chief Executive Officer (CEO) and President of Gold One International Limited (Gold One) in May 2009 following the inward listing of Gold One (formally BMA Gold Limited) on the JSE and the subsequent acquisition of all the issued shares in Aflease Gold Limited (Aflease Gold), a South African domiciled company. The transaction resulted in Gold One holding primary listings on both the ASX and the JSE.
The year under review represented a watershed year for the company with the achievement of several significant milestones. During the year ahead Gold One will focus primarily on delivering on its production targets at Modder East and on increasing its reserves and resources.
Business concept
Gold One's strategy is to provide superior returns to investors in global markets supportive of junior gold mining companies and it will achieve this by exploring, developing and mining shallow, low technical risk, high margin resources in mining friendly jurisdictions while actively reviewing opportunities in its preferred jurisdictions, namely Australia, North America and Southern Africa.
Achievements
Gold One achieved several significant milestones during 2009. Foremost was the declaration of commercial production at Modder East in December 2009 following the first gold pour on 21 July 2009 from Modder East ore as well as the successful commissioning of the new metallurgical plant in May 2009.
Modder East is expected to generate strong cash-flows from 2010 onwards as it ramps up to full production of 150,000 to 180,000 ounces of gold at less than U$300 per ounce cash costs and U$100 per ounce capital costs at steady state.
A contributing factor to the successful ramp up at Modder East has been the establishment of an underground training centre at Sub Nigel which provides fully trained teams who are able to start productive mining at Modder East immediately.
It is gratifying that the operational results at both Modder East and Sub Nigel have been achieved with an excellent safety record and with a lost time injury frequency rate (LTIFR) of 1.14 per 200 000 man hours which compares well with the Australian benchmark and is also significantly better than the South African benchmark.
Exploration
Gold One has a significant project pipeline with prospecting rights adjoining the Modder East and Sub Nigel mining rights and at Ventersburg in the Free State. During 2009, exploration was focused primarily on Ventersburg where the shallow ore body is a perfect fit to the company's strategy of exploring, developing and mining shallow, low technical risk high margin ore bodies. The company has commenced with a scoping study at Ventersburg.
Financing
Gold One successfully raised A$37,700 million by way of a share placement in August 2009 at A$0.3148 cents per share to fund exploration, corporate growth projects and a partial redemption and cancellation of convertible bonds in issue. The placement also provided working capital flexibility as the funding of exploration and corporate growth projects was scaled back in the fourth quarter to offset the slightly lower than forecast gold production. As a result of the put option the convertible bondholders have to redeem their bonds in December 2010, the company appointed a financial adviser to assist in securing alternative funding to place Gold One in a position to redeem the bonds should the bondholders exercise their put option. This process is underway and it is expected that the alternative funding will be in place by mid-2010.
People
Gold One embarked on a recruitment drive in 2009 increasing the number of employees from 272 to 933 at the end of that year. The company continues to strive towards creating an environment that will attract high calibre individuals who thrive in a challenging, self motivating no frills working environment where team work and mutual respect are fundamental.
I would like to express my appreciation to the many loyal shareholders whose support during the past year has been so important and to welcome our new shareholders to this exciting time of growth. I would also like to thank my fellow board members, management and all Gold One employees for their hard work, dedication and commitment to the company as well as the support that they have given me in my first year as CEO.
http://www.mineweb.co.za/mineweb/view/mineweb/en/page674?oid…
Thursday , 01 Apr 2010
2009 Highlights:
Establishment of the company's Sub Nigel training centre
Successful A$37,7 million capital raising
First gold pour from underground ore on 21 July 2009
Declaration of Commercial and Continuous production on 1 December 2009
Production of 17,040 ounces
2010 Focus Areas:
Focus on Modder East production delivery
Restructure the Balance Sheet by implementing a debt facility
Further Improve shareholder spread and trading liquidity
Gold One International Limited (ASX and JSE: GDO) today released its Annual Financial Statements and Annual Report for the year to 31 December 2009.
President and Chief Executive Officer, Neal Froneman, provided this review in the Annual Report.
I was appointed Chief Executive Officer (CEO) and President of Gold One International Limited (Gold One) in May 2009 following the inward listing of Gold One (formally BMA Gold Limited) on the JSE and the subsequent acquisition of all the issued shares in Aflease Gold Limited (Aflease Gold), a South African domiciled company. The transaction resulted in Gold One holding primary listings on both the ASX and the JSE.
The year under review represented a watershed year for the company with the achievement of several significant milestones. During the year ahead Gold One will focus primarily on delivering on its production targets at Modder East and on increasing its reserves and resources.
Business concept
Gold One's strategy is to provide superior returns to investors in global markets supportive of junior gold mining companies and it will achieve this by exploring, developing and mining shallow, low technical risk, high margin resources in mining friendly jurisdictions while actively reviewing opportunities in its preferred jurisdictions, namely Australia, North America and Southern Africa.
Achievements
Gold One achieved several significant milestones during 2009. Foremost was the declaration of commercial production at Modder East in December 2009 following the first gold pour on 21 July 2009 from Modder East ore as well as the successful commissioning of the new metallurgical plant in May 2009.
Modder East is expected to generate strong cash-flows from 2010 onwards as it ramps up to full production of 150,000 to 180,000 ounces of gold at less than U$300 per ounce cash costs and U$100 per ounce capital costs at steady state.
A contributing factor to the successful ramp up at Modder East has been the establishment of an underground training centre at Sub Nigel which provides fully trained teams who are able to start productive mining at Modder East immediately.
It is gratifying that the operational results at both Modder East and Sub Nigel have been achieved with an excellent safety record and with a lost time injury frequency rate (LTIFR) of 1.14 per 200 000 man hours which compares well with the Australian benchmark and is also significantly better than the South African benchmark.
Exploration
Gold One has a significant project pipeline with prospecting rights adjoining the Modder East and Sub Nigel mining rights and at Ventersburg in the Free State. During 2009, exploration was focused primarily on Ventersburg where the shallow ore body is a perfect fit to the company's strategy of exploring, developing and mining shallow, low technical risk high margin ore bodies. The company has commenced with a scoping study at Ventersburg.
Financing
Gold One successfully raised A$37,700 million by way of a share placement in August 2009 at A$0.3148 cents per share to fund exploration, corporate growth projects and a partial redemption and cancellation of convertible bonds in issue. The placement also provided working capital flexibility as the funding of exploration and corporate growth projects was scaled back in the fourth quarter to offset the slightly lower than forecast gold production. As a result of the put option the convertible bondholders have to redeem their bonds in December 2010, the company appointed a financial adviser to assist in securing alternative funding to place Gold One in a position to redeem the bonds should the bondholders exercise their put option. This process is underway and it is expected that the alternative funding will be in place by mid-2010.
People
Gold One embarked on a recruitment drive in 2009 increasing the number of employees from 272 to 933 at the end of that year. The company continues to strive towards creating an environment that will attract high calibre individuals who thrive in a challenging, self motivating no frills working environment where team work and mutual respect are fundamental.
I would like to express my appreciation to the many loyal shareholders whose support during the past year has been so important and to welcome our new shareholders to this exciting time of growth. I would also like to thank my fellow board members, management and all Gold One employees for their hard work, dedication and commitment to the company as well as the support that they have given me in my first year as CEO.
http://www.mineweb.co.za/mineweb/view/mineweb/en/page674?oid…
Afrikas Minen für die schwarze Bevölkerung
von Robert Kreisi
Donnerstag 01.04.2010, 16:19 Uhr
Johannesburg (BoerseGo.de) – Südafrikas Minen müssen bis 2014 zu mindestens 26 Prozent in der Hand schwarzhäutiger Investoren sein. Dies schreibt ein Gesetz vor, dass den Grundbesitz langfristig der Demographie des Landes anpassen soll, berichtet Bloomberg. In Südafrika befinden sich die größten Goldvorkommen des Kontinents sowie die weltgrößten Abbaustätten für Platin und Vanadium. Im Nachbarland Zimbabwe hat Präsident Mugabe dieses Jahr ein Gesetz unterzeichnet, dass für den Minenbesitz vorschreibt, dass 51 Prozent der Anteilseigner schwarz sein müssen.
Quelle:
http://www.godmode-trader.de/nachricht/Afrikas-Minen-fuer-di…
Weiß jemand wie das zu werten ist?
Einerseits traue ich denen Enteignungen zu, andererseits kann doch jeder ungeachtet der Hautfarbe mit dem Erwerb der entsprechenden Anteile Anteilseigner werden sofern er das möchte.
Frohe Ostern,
TT
von Robert Kreisi
Donnerstag 01.04.2010, 16:19 Uhr
Johannesburg (BoerseGo.de) – Südafrikas Minen müssen bis 2014 zu mindestens 26 Prozent in der Hand schwarzhäutiger Investoren sein. Dies schreibt ein Gesetz vor, dass den Grundbesitz langfristig der Demographie des Landes anpassen soll, berichtet Bloomberg. In Südafrika befinden sich die größten Goldvorkommen des Kontinents sowie die weltgrößten Abbaustätten für Platin und Vanadium. Im Nachbarland Zimbabwe hat Präsident Mugabe dieses Jahr ein Gesetz unterzeichnet, dass für den Minenbesitz vorschreibt, dass 51 Prozent der Anteilseigner schwarz sein müssen.
Quelle:
http://www.godmode-trader.de/nachricht/Afrikas-Minen-fuer-di…
Weiß jemand wie das zu werten ist?
Einerseits traue ich denen Enteignungen zu, andererseits kann doch jeder ungeachtet der Hautfarbe mit dem Erwerb der entsprechenden Anteile Anteilseigner werden sofern er das möchte.
Frohe Ostern,
TT
Antwort auf Beitrag Nr.: 39.268.800 von Trockentrader am 02.04.10 14:16:48gute Frage. Werde diesbezüglich mal bei GDO anfragen.
Antwort auf Beitrag Nr.: 38.677.536 von MFC500 am 06.01.10 18:33:15bin gerade auf diesen Thread (vielen Dank, dafür) aufmerksam geworden, Gold One klingt vielversprechend. Werde mich mal genauer mit Gold One befassen.
ein recht informativer Researchreport vom Februar:
http://www.gold1.co.za/index.php?option=com_docman&task=doc_…
http://www.gold1.co.za/index.php?option=com_docman&task=doc_…
Antwort auf Beitrag Nr.: 39.268.800 von Trockentrader am 02.04.10 14:16:48Trockentrader,
Das hat zumindest in Südafrika nicht mit Enteignungen zu tun, in Zimbawe mag das anders sein. Generell läuft das in Südafrika über sog. BEE Companies (Black Economic Empowerment Partners), die die Interessen der schwarzen Bevölkerung vertreten sollen. In der Regel sind dies Beteiligungsgesellschaften oder Besitzgesellschaften von Grundstücken auf denen ein Minenbetrieb errichtet wird. Selbst grössere Minenkonzerne arbeiten seit vielen Jahren erfolgreich mit BEE's zusammen. Einige dieser Gesellschaften sind dabei schon richtig zu Geld gekommen...
Das hat zumindest in Südafrika nicht mit Enteignungen zu tun, in Zimbawe mag das anders sein. Generell läuft das in Südafrika über sog. BEE Companies (Black Economic Empowerment Partners), die die Interessen der schwarzen Bevölkerung vertreten sollen. In der Regel sind dies Beteiligungsgesellschaften oder Besitzgesellschaften von Grundstücken auf denen ein Minenbetrieb errichtet wird. Selbst grössere Minenkonzerne arbeiten seit vielen Jahren erfolgreich mit BEE's zusammen. Einige dieser Gesellschaften sind dabei schon richtig zu Geld gekommen...
April 06, 2010
Gold One has advised that company employees in categories A and B are continuing with industrial action which commenced on 23 March 2010.
The majority of the striking employees are semi-skilled employees represented by the National Union of Mineworkers (NUM) and comprise approximately 80% of the company’s 1000 employees.
As previously announced, an impasse between the company and the NUM on reaching agreement on
wages for the company’s unionised workforce has led to the protected strike. A policy of “no work-no pay” will continue to apply for the duration of the industrial action.
Wage increases for employees outside of the NUM bargaining unit have in the interim been implemented.
Production at the company’s Modder East mine continues at approximately 500 tons of ore per day – amounting to around 50% of normal daily volume - primarily from on reef development.
The company said morale on site remains high. The majority of Gold One’s employees at Modder East have been recruited from the local East Rand communities and are not migrant workers as alleged by the NUM.
In addition there are no dwellings on or in the immediate vicinity of Modder East other than in existing settlements which existed prior to the establishment of Modder East.
Shareholders have been advised that the impasse may continue for some time as the difference between the wage increase offer tabled by the company and the demands of the employees are still significant.
http://www.proactiveinvestors.com.au/companies/news/6202/gol…
Gold One has advised that company employees in categories A and B are continuing with industrial action which commenced on 23 March 2010.
The majority of the striking employees are semi-skilled employees represented by the National Union of Mineworkers (NUM) and comprise approximately 80% of the company’s 1000 employees.
As previously announced, an impasse between the company and the NUM on reaching agreement on
wages for the company’s unionised workforce has led to the protected strike. A policy of “no work-no pay” will continue to apply for the duration of the industrial action.
Wage increases for employees outside of the NUM bargaining unit have in the interim been implemented.
Production at the company’s Modder East mine continues at approximately 500 tons of ore per day – amounting to around 50% of normal daily volume - primarily from on reef development.
The company said morale on site remains high. The majority of Gold One’s employees at Modder East have been recruited from the local East Rand communities and are not migrant workers as alleged by the NUM.
In addition there are no dwellings on or in the immediate vicinity of Modder East other than in existing settlements which existed prior to the establishment of Modder East.
Shareholders have been advised that the impasse may continue for some time as the difference between the wage increase offer tabled by the company and the demands of the employees are still significant.
http://www.proactiveinvestors.com.au/companies/news/6202/gol…
Ziemlich undurchsichtige Entwicklung; umso erstaunlicher, wie gut sich der Kurs hält:
08.04.10
The National Union of Mineworkers (NUM) on Thursday said it had intensified strike action at Gold One International’s operations after negotiations failed.
The strike action -- involving over 1000 workers -- had now entered its third week after negotiations faltered on Wednesday, the NUM said in a statement.
“The CCMA Commission for Conciliation, Mediation and Arbitration brokered deal could not see the light of day after the company reneged from its earlier commitment,” the NUM said.
“Mine workers have now decided to intensify the strike action which has already paralysed the Australian Gold company which earlier in the week falsely claimed production was at 50 percent.”
The NUM said there was no production taking place at Gold One International’s operations.
“There will be no production anytime soon,” said Thomas Ketsise, the NUM’s chief negotiator at the company.
“The company disagrees with our proposal for a R900 per month living-out allowance; they want a three year deal whilst we want two.”
Ketsise said Gold One International had disagreed with “anything” that came from the NUM.
“We are now going to make them face more music” Ketsise said.
The NUM said it was “disappointed” at the ompany’s “indecisiveness and reluctance” to offer workers what was due to them.
Gold One International, however, said it was due to meet the NUM on Thursday for further talks.
Spokesman Ilja Graulich said the NUM’s statement that production had been halted was completely false.
He confirmed that the company and the NUM were not in agreement on the living out allowance.
Graulich also confirmed that the company preferred a three year agreement.
“It makes sense to look at a three year deal... what we have put forward in our package includes a generous increase on an annual basis,’ he said.
http://www.citizen.co.za/index/article.aspx?pDesc=121522,1,2…
08.04.10
The National Union of Mineworkers (NUM) on Thursday said it had intensified strike action at Gold One International’s operations after negotiations failed.
The strike action -- involving over 1000 workers -- had now entered its third week after negotiations faltered on Wednesday, the NUM said in a statement.
“The CCMA Commission for Conciliation, Mediation and Arbitration brokered deal could not see the light of day after the company reneged from its earlier commitment,” the NUM said.
“Mine workers have now decided to intensify the strike action which has already paralysed the Australian Gold company which earlier in the week falsely claimed production was at 50 percent.”
The NUM said there was no production taking place at Gold One International’s operations.
“There will be no production anytime soon,” said Thomas Ketsise, the NUM’s chief negotiator at the company.
“The company disagrees with our proposal for a R900 per month living-out allowance; they want a three year deal whilst we want two.”
Ketsise said Gold One International had disagreed with “anything” that came from the NUM.
“We are now going to make them face more music” Ketsise said.
The NUM said it was “disappointed” at the ompany’s “indecisiveness and reluctance” to offer workers what was due to them.
Gold One International, however, said it was due to meet the NUM on Thursday for further talks.
Spokesman Ilja Graulich said the NUM’s statement that production had been halted was completely false.
He confirmed that the company and the NUM were not in agreement on the living out allowance.
Graulich also confirmed that the company preferred a three year agreement.
“It makes sense to look at a three year deal... what we have put forward in our package includes a generous increase on an annual basis,’ he said.
http://www.citizen.co.za/index/article.aspx?pDesc=121522,1,2…
13.04.10
Gold One has advised that the industrial action which commenced on 23 March 2010 by employees in categories A and B (striking employees) has now entered its fourth week. Gold One carefully considered the offer it tabled prior to the industrial action commencing and has consistently retained its position during the negotiations. Management believes that the 3 year offer it has tabled is significant and is designed to ensure that all employees benefit from the expected profitability of the company as it improves in the coming years.
Production at Modder East has continued since the industrial action began on 23 March 2010, with the company treating to date a total of 7,967 tonnes of ore at an average head grade of 5.64g/t. For the 15 working days during this period of industrial action, gold production has amounted to approximately 43 kilograms.
It is evident that the strike-action plan that has been implemented will allow the mine to operate indefinitely at these profitable production rates. The tonnes treated are a mixture of underground accumulations and fresh ore. The fresh ore is mainly from on-reef development and is mined using mechanised mining methods.
Morale among the 200 employees who have reported to work during this industrial action is high and these employees, who do not form part of the National Union of Mine Workers (NUM) bargaining unit, remain committed to continuing at the aforementioned production rate.
While Gold One remains hopeful that the talks which resumed on 12 April will enable the parties to find ways to package the current wage offer in a way that is acceptable to NUM and its members, the company's management said that a resolution to the impasse may still take some time, but it is well positioned to deal with the situation.
Gold One said it continues to adopt a policy of ‘no work-no pay’.
http://www.proactiveinvestors.com.au/companies/news/6392/gol…
Gold One has advised that the industrial action which commenced on 23 March 2010 by employees in categories A and B (striking employees) has now entered its fourth week. Gold One carefully considered the offer it tabled prior to the industrial action commencing and has consistently retained its position during the negotiations. Management believes that the 3 year offer it has tabled is significant and is designed to ensure that all employees benefit from the expected profitability of the company as it improves in the coming years.
Production at Modder East has continued since the industrial action began on 23 March 2010, with the company treating to date a total of 7,967 tonnes of ore at an average head grade of 5.64g/t. For the 15 working days during this period of industrial action, gold production has amounted to approximately 43 kilograms.
It is evident that the strike-action plan that has been implemented will allow the mine to operate indefinitely at these profitable production rates. The tonnes treated are a mixture of underground accumulations and fresh ore. The fresh ore is mainly from on-reef development and is mined using mechanised mining methods.
Morale among the 200 employees who have reported to work during this industrial action is high and these employees, who do not form part of the National Union of Mine Workers (NUM) bargaining unit, remain committed to continuing at the aforementioned production rate.
While Gold One remains hopeful that the talks which resumed on 12 April will enable the parties to find ways to package the current wage offer in a way that is acceptable to NUM and its members, the company's management said that a resolution to the impasse may still take some time, but it is well positioned to deal with the situation.
Gold One said it continues to adopt a policy of ‘no work-no pay’.
http://www.proactiveinvestors.com.au/companies/news/6392/gol…
April 14, 2010
Gold One International has reported the results of an independent scoping study on its Ventersburg Project in South Africa.
The scoping study was undertaken by Turgis Consulting (Pty) Limited, independent consultants to Gold One, which also completed the feasibility work on Gold One’s flagship Modder East mine.
Commenting on the release of the scoping study, President and Chief Executive Officer Neal Froneman said, ”I am extremely pleased with the outcome of this study, which will now lead into a full pre-feasibility study and further resource delineation drilling."
"This is the same approach we took in the development of our successful Modder East operation. Our confidence in this project remains high and we believe Ventersburg could be a major stepping stone in the internal growth profile of our company. We look forward to a resource update in the second half of the year,” he added.
The Ventersburg Project Scoping Study completed by independent consultant Turgis Consulting confirms an 11 year life of mine (LOM) from the shallow (-465m) underground mine and a steady state production of eight years peaking at 157,000 ounces per annum.
The study also confirms low LOM cash costs of US$379/ounce at a ZAR:US$ exchange rate of 8.81. There is an expected capital cost of ZAR1.9 billion (A$285 million, US$ 215 million*) and there is free milling ore allowing for conventional carbon-in-leach (CIL) extraction.
A current indicated resource of 8.73 million tonnes at an average grade of 5.12 g/t resulting in 1.44 million ounces of gold plus an additional 13.48 million tonnes at an average grade of 4.24 g/t (1.84 million ounces of gold) in the inferred resource category.
Geological modeling has indicated that the channelised areas associated with higher grades (payshoots), targeted for selective mining, remain open to the north and south of the defined resource area.
The company said a resource upgrade is anticipated in third quarter of 2010. A full pre-feasibility study is to be conducted during 2010 incorporating upgraded resource and the first gold production is targeted for 2015.
Ventersburg drilling has resumed with the first intersection confirming the geological model.
Situated in the Free State Goldfield of the Witwatersrand Basin, the Ventersburg project has an existing indicated resource of 8.73 million tonnes at an average grade of 5.12 g/t resulting in 1.44 million ounces of gold.
An additional 13.48 million tonnes at an average grade of 4.24 g/t (1.84 million ounces of gold) has been defined in the inferred resource category. A resource upgrade as a result of recent drilling is expected during the third quarter of 2010.
http://www.proactiveinvestors.com.au/companies/news/6427/gol…
Gold One International has reported the results of an independent scoping study on its Ventersburg Project in South Africa.
The scoping study was undertaken by Turgis Consulting (Pty) Limited, independent consultants to Gold One, which also completed the feasibility work on Gold One’s flagship Modder East mine.
Commenting on the release of the scoping study, President and Chief Executive Officer Neal Froneman said, ”I am extremely pleased with the outcome of this study, which will now lead into a full pre-feasibility study and further resource delineation drilling."
"This is the same approach we took in the development of our successful Modder East operation. Our confidence in this project remains high and we believe Ventersburg could be a major stepping stone in the internal growth profile of our company. We look forward to a resource update in the second half of the year,” he added.
The Ventersburg Project Scoping Study completed by independent consultant Turgis Consulting confirms an 11 year life of mine (LOM) from the shallow (-465m) underground mine and a steady state production of eight years peaking at 157,000 ounces per annum.
The study also confirms low LOM cash costs of US$379/ounce at a ZAR:US$ exchange rate of 8.81. There is an expected capital cost of ZAR1.9 billion (A$285 million, US$ 215 million*) and there is free milling ore allowing for conventional carbon-in-leach (CIL) extraction.
A current indicated resource of 8.73 million tonnes at an average grade of 5.12 g/t resulting in 1.44 million ounces of gold plus an additional 13.48 million tonnes at an average grade of 4.24 g/t (1.84 million ounces of gold) in the inferred resource category.
Geological modeling has indicated that the channelised areas associated with higher grades (payshoots), targeted for selective mining, remain open to the north and south of the defined resource area.
The company said a resource upgrade is anticipated in third quarter of 2010. A full pre-feasibility study is to be conducted during 2010 incorporating upgraded resource and the first gold production is targeted for 2015.
Ventersburg drilling has resumed with the first intersection confirming the geological model.
Situated in the Free State Goldfield of the Witwatersrand Basin, the Ventersburg project has an existing indicated resource of 8.73 million tonnes at an average grade of 5.12 g/t resulting in 1.44 million ounces of gold.
An additional 13.48 million tonnes at an average grade of 4.24 g/t (1.84 million ounces of gold) has been defined in the inferred resource category. A resource upgrade as a result of recent drilling is expected during the third quarter of 2010.
http://www.proactiveinvestors.com.au/companies/news/6427/gol…
15.04.10
Gold One said things were relatively quiet at its Modder East mine on Thursday, after police were called in on Wednesday to deal with some striking workers who the company said had been damaging the mine’s property.
The National Union of Mineworkers (NUM) on Thursday condemned the fact that the police and guards at the mine had shot at the striking workers, saying that the workers, who had been attending a meeting, had been provoked by the mine guards.
Gold One spokesperson Ilja Graulich, meanwhile, said that the damage to its property had been limited, while the NUM said one of its members had been injured in the incident.
The industrial action by about 80% of the Modder East mine’s work force, which was now in its fourth week, was still going strong.
Graulich said that the company and the NUM could potentially meet with the Commissioner at the Commission for Conciliation, Mediation and Arbitration again on Friday.
Output at the mine had been limited to about 50% of normal daily production, while striking workers were also not receiving pay for the days that they were on strike.
http://www.miningweekly.com/article/police-called-in-as-stri…
Gold One said things were relatively quiet at its Modder East mine on Thursday, after police were called in on Wednesday to deal with some striking workers who the company said had been damaging the mine’s property.
The National Union of Mineworkers (NUM) on Thursday condemned the fact that the police and guards at the mine had shot at the striking workers, saying that the workers, who had been attending a meeting, had been provoked by the mine guards.
Gold One spokesperson Ilja Graulich, meanwhile, said that the damage to its property had been limited, while the NUM said one of its members had been injured in the incident.
The industrial action by about 80% of the Modder East mine’s work force, which was now in its fourth week, was still going strong.
Graulich said that the company and the NUM could potentially meet with the Commissioner at the Commission for Conciliation, Mediation and Arbitration again on Friday.
Output at the mine had been limited to about 50% of normal daily production, while striking workers were also not receiving pay for the days that they were on strike.
http://www.miningweekly.com/article/police-called-in-as-stri…
19.04.10
Gold One is pleased to report nother milestone quarter with strong operating cash flows as the company continues to ramp up production at its flagship Modder East mine. In addition all of Gold One’s operations recorded a zero Lost Time Injury (LTI) free March quarter. The quarterly highlights are:
Zero lost time injuries for the quarter
Operating cash flow of ZAR 54.9 million (US$ 7.3 million) for the quarter
21% increase in gold output with 13,208 ounces of gold produced for the quarter
Modder East cash costs US$ 480/oz for the quarter
Gold recoveries increased by 4.3% to 96% for the quarter
Consistent recovered grade of 6.86g/t for Modder East
Two banks shortlisted to provide US$ 65m credit facility to redeem convertible bonds
Positive outcome to Ventersburg Scoping Study
These achievements should be viewed in the context of the distractions around wage negotiations and the resultant industrial action experienced at Modder East from the 23rd of March 2010 onwards.
Revenue for the company for the quarter was ZAR 108.4 million (US$ 14.4 million), and cash operating costs were ZAR 53.5 million (US$ 7.1 million), resulting in an operating cash flow of ZAR 54.9 million (US$ 7.3 million). Development and capital expenditure for the quarter for both Modder East and Sub Nigel was ZAR 42.2 million (US$ 5.6 million).
Cash on hand at the end of the quarter was ZAR 67 million (US$ 8.9 million), compared to an end of December 2009 quarter cash balance of ZAR 100.9 million (US$ 13.4 million). The Company paid ZAR 31.6 million (US$ 4.2 million) to redeem convertible bonds while also paying interest on the bonds for the quarter of around ZAR 9.8 million (US$ 1.3 million). Excluding the payments made in respect of the convertible bonds, Gold One was cash flow positive during the quarter.
Gold One has made good progress in refinancing the Company’s convertible bond. One South African bank and one international bank have been shortlisted to finalise and implement a facility on a syndicated basis, and it is anticipated that final credit committee approved term sheets will be in place by the end of May 2010.
Commented Gold One President and CEO Neal Froneman: “The past quarter has been another solid foundation block in the build up to full production at our flagship Modder East mine. I am very pleased with the Group’s delivery and the quality of the Modder East asset. The safety achievements are very significant and we ascribe this achievement to our in-house training program at Sub Nigel, which assures competence and alignment with the Company’s philosophies and strategies. Our immediate priority is to resolve the impasse around the wage dispute with NUM and the implementation of a corporate debt facility.”
(Average exchange rate of ZAR 6.80/A$ and ZAR 7.53/US$)
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=4876…
ausführlicher Bericht:
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=4876…
Gold One is pleased to report nother milestone quarter with strong operating cash flows as the company continues to ramp up production at its flagship Modder East mine. In addition all of Gold One’s operations recorded a zero Lost Time Injury (LTI) free March quarter. The quarterly highlights are:
Zero lost time injuries for the quarter
Operating cash flow of ZAR 54.9 million (US$ 7.3 million) for the quarter
21% increase in gold output with 13,208 ounces of gold produced for the quarter
Modder East cash costs US$ 480/oz for the quarter
Gold recoveries increased by 4.3% to 96% for the quarter
Consistent recovered grade of 6.86g/t for Modder East
Two banks shortlisted to provide US$ 65m credit facility to redeem convertible bonds
Positive outcome to Ventersburg Scoping Study
These achievements should be viewed in the context of the distractions around wage negotiations and the resultant industrial action experienced at Modder East from the 23rd of March 2010 onwards.
Revenue for the company for the quarter was ZAR 108.4 million (US$ 14.4 million), and cash operating costs were ZAR 53.5 million (US$ 7.1 million), resulting in an operating cash flow of ZAR 54.9 million (US$ 7.3 million). Development and capital expenditure for the quarter for both Modder East and Sub Nigel was ZAR 42.2 million (US$ 5.6 million).
Cash on hand at the end of the quarter was ZAR 67 million (US$ 8.9 million), compared to an end of December 2009 quarter cash balance of ZAR 100.9 million (US$ 13.4 million). The Company paid ZAR 31.6 million (US$ 4.2 million) to redeem convertible bonds while also paying interest on the bonds for the quarter of around ZAR 9.8 million (US$ 1.3 million). Excluding the payments made in respect of the convertible bonds, Gold One was cash flow positive during the quarter.
Gold One has made good progress in refinancing the Company’s convertible bond. One South African bank and one international bank have been shortlisted to finalise and implement a facility on a syndicated basis, and it is anticipated that final credit committee approved term sheets will be in place by the end of May 2010.
Commented Gold One President and CEO Neal Froneman: “The past quarter has been another solid foundation block in the build up to full production at our flagship Modder East mine. I am very pleased with the Group’s delivery and the quality of the Modder East asset. The safety achievements are very significant and we ascribe this achievement to our in-house training program at Sub Nigel, which assures competence and alignment with the Company’s philosophies and strategies. Our immediate priority is to resolve the impasse around the wage dispute with NUM and the implementation of a corporate debt facility.”
(Average exchange rate of ZAR 6.80/A$ and ZAR 7.53/US$)
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=4876…
ausführlicher Bericht:
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=4876…
Es wird immer absurder:
21st April 2010
Gold One on Wednesday denied that it had reached an agreement with National Union of Mineworkers (NUM) members at its Modder East mine, in South Africa’s Gauteng province, who were proceeding with a fifth week of industrial action.
Spokesperson Ilja Graulich said that there was no signed agreement between the gold miner and the NUM, adding that striking workers had not returned to work.
The NUM had reported in a statement on Wednesday that the industrial action had finally come to an end and that workers had returned to work at the morning shift.
About 80% of the work force at Gold One’s flagship Modder East mine downed tools on March 23, with the mine only producing about 50% of its normal daily output from a mixture of underground accumulations and fresh ore that was coming from on-reef development that was being mined with the use of mechanised mining methods.
Graulich said that the company and the NUM had continued with negotiations on Wednesday, which the company expected would continue for some time still.
http://www.miningweekly.com/article/gold-one-says-no-deal-ye…
Beide Seiten sollten vielleicht zunächst überprüfen, ob sie überhaupt mit dem richtigen Verhandlungspartner sprechen.
21st April 2010
Gold One on Wednesday denied that it had reached an agreement with National Union of Mineworkers (NUM) members at its Modder East mine, in South Africa’s Gauteng province, who were proceeding with a fifth week of industrial action.
Spokesperson Ilja Graulich said that there was no signed agreement between the gold miner and the NUM, adding that striking workers had not returned to work.
The NUM had reported in a statement on Wednesday that the industrial action had finally come to an end and that workers had returned to work at the morning shift.
About 80% of the work force at Gold One’s flagship Modder East mine downed tools on March 23, with the mine only producing about 50% of its normal daily output from a mixture of underground accumulations and fresh ore that was coming from on-reef development that was being mined with the use of mechanised mining methods.
Graulich said that the company and the NUM had continued with negotiations on Wednesday, which the company expected would continue for some time still.
http://www.miningweekly.com/article/gold-one-says-no-deal-ye…
Beide Seiten sollten vielleicht zunächst überprüfen, ob sie überhaupt mit dem richtigen Verhandlungspartner sprechen.
Nun also doch:
22 Apr 2010
Gold One is pleased to announce that it has concluded a three-year wage agreement with the NUM. The agreement is effective from 1 January 2010 to 31 December 2012. Striking employees (Patterson grades A and B) have agreed to return to work with effect from the start of dayshift on Wednesday, 28 April 2010.
Gold One's original, carefully considered wage offer, tabled prior to the commencement of the industrial action on 23 March 2010, has been accepted by NUM. The offer has been re-packaged at the request of NUM but the quantum to the company remains the same. The agreed increases are significant, fair and reasonable and take cognizance of industry norms. The increases are included in the projected cash costs for 2010, 2011 and 2012 as they were incorporated into the relevant budgets during the 2009 business planning cycle.
The average basic salary increase for 2010 is 10%, for 2011 it is 11.5%, and 26% in 2012. The increases coupled with the allowances below will ensure that employees benefit in the expected prosperity of the company. In addition, Gold One will implement a living out allowance, a travelling allowance and allowances for meal breaks. A living out allowance of ZAR 225 per month for 2010 and 2011 increasing to ZAR 400.00 per month for 2012 will be implemented.
Commented Gold One President and CEO, Neal Froneman: "I am delighted that this impasse has been resolved. We remained steadfast under very difficult circumstances throughout the strike because we believed that our original offer was significant, fair and reasonable and would ensure long-term sustainability of the mining operations, while also ensuring job retention and creation. My thanks go to those employees who ensured that production continued thereby putting Gold One in a position to negotiate these increases to a logical conclusion."
http://www.mineweb.com/mineweb/view/mineweb/en/page674?oid=1…
22 Apr 2010
Gold One is pleased to announce that it has concluded a three-year wage agreement with the NUM. The agreement is effective from 1 January 2010 to 31 December 2012. Striking employees (Patterson grades A and B) have agreed to return to work with effect from the start of dayshift on Wednesday, 28 April 2010.
Gold One's original, carefully considered wage offer, tabled prior to the commencement of the industrial action on 23 March 2010, has been accepted by NUM. The offer has been re-packaged at the request of NUM but the quantum to the company remains the same. The agreed increases are significant, fair and reasonable and take cognizance of industry norms. The increases are included in the projected cash costs for 2010, 2011 and 2012 as they were incorporated into the relevant budgets during the 2009 business planning cycle.
The average basic salary increase for 2010 is 10%, for 2011 it is 11.5%, and 26% in 2012. The increases coupled with the allowances below will ensure that employees benefit in the expected prosperity of the company. In addition, Gold One will implement a living out allowance, a travelling allowance and allowances for meal breaks. A living out allowance of ZAR 225 per month for 2010 and 2011 increasing to ZAR 400.00 per month for 2012 will be implemented.
Commented Gold One President and CEO, Neal Froneman: "I am delighted that this impasse has been resolved. We remained steadfast under very difficult circumstances throughout the strike because we believed that our original offer was significant, fair and reasonable and would ensure long-term sustainability of the mining operations, while also ensuring job retention and creation. My thanks go to those employees who ensured that production continued thereby putting Gold One in a position to negotiate these increases to a logical conclusion."
http://www.mineweb.com/mineweb/view/mineweb/en/page674?oid=1…
Appendix 5B
Mining exploration entity quarterly report
http://www.asx.com.au/asxpdf/20100428/pdf/31pzs155t1s4nv.pdf
Mining exploration entity quarterly report
http://www.asx.com.au/asxpdf/20100428/pdf/31pzs155t1s4nv.pdf
5 May 2010
Gold One Provides Post Strike Update and Production Guidance
Gold One is pleased to announce that all striking employees returned to work on Wednesday, 28 April 2010. The resumption of production after the five week strike has been smooth and efficient.
All 24 panels available for production are now fully manned and production has resumed. It is expected that production from pre-strike levels will be achieved by Monday, 10 May 2010. Lost production due to the strike is approximately 5,000 to 6,000 ounces. Production for the June 2010 quarter is now estimated to be between 10,000 and 14,000 ounces.
Modder East will be in a production ramp-up phase through to June 2011. The five week strike, of which 4 weeks occurred after the March 2010 quarter, has resulted in the planned production of 15,000 ounces for the December 2010 month being pushed out into January 2011, resulting in 2010 annual production guidance reducing by 15,000 ounces to between 85,000 and 100,000 ounces of gold. Cost guidance for 2010 remains the same with average cash costs expected below US$400/oz.
Production guidance for 2011 remains unchanged at between 150,000 and 180,000 ounces of gold and average cash costs below US$300/oz.
Gold One President and Chief Executive Officer, Neal Froneman commented “I am delighted that striking employees have returned to work and the restart of operations has been accomplished safely and smoothly, signaling the intent by all employees to get on with the task at hand. Management will endeavor to claw back what has been lost due to the strike.”
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=4902…
Für 2011 würde sich somit bei einem Goldpreis von U$1050/oz (aktuelle U$1170/oz) ein op. Ergebnis von U$112-135 Mio ergeben. Demgegenüber beträgt die Marktkapitalisierung nur A$205 Mio. Hinzu kommt die Phantasie auf eine Produktionsausweitung aufgrund der beträchtlichen Ressourcen.
Gold One Provides Post Strike Update and Production Guidance
Gold One is pleased to announce that all striking employees returned to work on Wednesday, 28 April 2010. The resumption of production after the five week strike has been smooth and efficient.
All 24 panels available for production are now fully manned and production has resumed. It is expected that production from pre-strike levels will be achieved by Monday, 10 May 2010. Lost production due to the strike is approximately 5,000 to 6,000 ounces. Production for the June 2010 quarter is now estimated to be between 10,000 and 14,000 ounces.
Modder East will be in a production ramp-up phase through to June 2011. The five week strike, of which 4 weeks occurred after the March 2010 quarter, has resulted in the planned production of 15,000 ounces for the December 2010 month being pushed out into January 2011, resulting in 2010 annual production guidance reducing by 15,000 ounces to between 85,000 and 100,000 ounces of gold. Cost guidance for 2010 remains the same with average cash costs expected below US$400/oz.
Production guidance for 2011 remains unchanged at between 150,000 and 180,000 ounces of gold and average cash costs below US$300/oz.
Gold One President and Chief Executive Officer, Neal Froneman commented “I am delighted that striking employees have returned to work and the restart of operations has been accomplished safely and smoothly, signaling the intent by all employees to get on with the task at hand. Management will endeavor to claw back what has been lost due to the strike.”
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=4902…
Für 2011 würde sich somit bei einem Goldpreis von U$1050/oz (aktuelle U$1170/oz) ein op. Ergebnis von U$112-135 Mio ergeben. Demgegenüber beträgt die Marktkapitalisierung nur A$205 Mio. Hinzu kommt die Phantasie auf eine Produktionsausweitung aufgrund der beträchtlichen Ressourcen.
MFC500
und warum sind die dann so billig, unfassbar.
Die schaue ich mir mal näher an, in Kanada wäre die doppelt so teuer, oder? Wird man diese "Australien-Unterbewertung- mal abgesehen von der Minengewinnsteuer- irgendwann mal abbauen???
Was für ein Blutbad, bei den Minen, in den letzten Tagen..., z.B. eine YTC heute morgen bei sogar 0,235, da hätte ich im Leben nicht drauf gewettet.
und warum sind die dann so billig, unfassbar.
Die schaue ich mir mal näher an, in Kanada wäre die doppelt so teuer, oder? Wird man diese "Australien-Unterbewertung- mal abgesehen von der Minengewinnsteuer- irgendwann mal abbauen???
Was für ein Blutbad, bei den Minen, in den letzten Tagen..., z.B. eine YTC heute morgen bei sogar 0,235, da hätte ich im Leben nicht drauf gewettet.
ich habe in meiner Übersicht aktuell 805 Mill. Aktien, ist das korrekt?
Antwort auf Beitrag Nr.: 39.457.530 von Timesystem1002 am 05.05.10 08:10:29und warum sind die dann so billig
darauf habe ich keine Antwort. Die "special mining tax", die derzeit im Gespräch ist, spielt hierbei jedenfalls keine Rolle, da es sich zwar um ein austral. Unternehnmen handelt, die Minen aber in Südafrika liegen.
805 Mill. Aktien ist korrekt
darauf habe ich keine Antwort. Die "special mining tax", die derzeit im Gespräch ist, spielt hierbei jedenfalls keine Rolle, da es sich zwar um ein austral. Unternehnmen handelt, die Minen aber in Südafrika liegen.
805 Mill. Aktien ist korrekt
und Südafrika.. die scheinen ja die Kosten dort im Griff zu haben..
wenn ich so an die "typischen" SA-Minen denke....das ist ja nicht so berauschend...
Welche Entwicklung hältst Du für möglich.
Ich würde sagen, bei 150.000 Unzen wären in CAN eine MK von 650-800 MIO möglich...
wenn ich so an die "typischen" SA-Minen denke....das ist ja nicht so berauschend...
Welche Entwicklung hältst Du für möglich.
Ich würde sagen, bei 150.000 Unzen wären in CAN eine MK von 650-800 MIO möglich...
Antwort auf Beitrag Nr.: 39.457.697 von Timesystem1002 am 05.05.10 08:48:02Wenn wir bei U$1050/oz Goldpreis und nur 150.000 oz Produktion bleiben, dürfte - bei Erreichen der geplanten Cashkosten - ein Nettoergebnis von A$60-70 Mio möglich sein. Da es sich um eine lange Minenlaufzeit (mit beträchtlichem Upside-Potential) handelt, erscheint ein KGV von 8-10 durchaus angemessen (und die Aktie wäre immer noch günstig!), was eine Marktkapitalisierung von A$480-560 bis A$600-700 bedeuten würde. Beim aktuellen Goldpreis und/oder 180.000 oz Jahresproduktion sähe das natürlich noch viel besser aus.
Antwort auf Beitrag Nr.: 39.458.438 von MFC500 am 05.05.10 10:21:40MFC
danke, was hältst Du eigentlich von Focus Minerals?
danke, was hältst Du eigentlich von Focus Minerals?
Antwort auf Beitrag Nr.: 39.458.564 von Timesystem1002 am 05.05.10 10:34:11wenn sie ihre Produktions- und Kostenziele erreichen, ebenfalls eine sehr aussichtsreiche Aktie
Ein aktuelles Research, welches auch auf das erhebliche Potential der Produktionsausweitung hinweist. Ganz wichtig hierbei aus meiner Sicht: wenn Modder East planmäßig funktioniert und der Goldpreis nicht drastisch korrigiert, besteht aufgrund des hohen Free Cash flow nur geringer Kapitalbedarf für z.B. Ventersburg. Das hieße eine nur geringfügige Verwässerung bei ungefährer Verdopplung der Produktion (bezogen auf Ventersburg)
05.05.10
In a recent report on Gold One International (ASX: GDO), Strategic Energy Research and Capital LLC's Precious Metals Equity Research wrote the company is significantly undervalued but likely to be re-rated.
Gold One is a recently emerged shallow gold miner that has started up two producing mines on the East Rand this year, and has a portfolio of additional shallow exploration and development assets on the East Rand and other parts of the Wits Rand Basin in South Africa – including its next potential flagship (Ventersburg).
As well, the company holds a 100% interest in one deep mining prospect with a 5 Moz NI 43-101, part of which is shallow, an attractive IOCG target in Namibia, and greenstone and alluvial prospects in Mozambique (blue sky).
Gold One’s shares are listed on the Johannesburg and Australian Stock Exchanges under the symbol (ASX: GDO), and its American Depository Receipts trade on the NASDAQ under the symbol GLDZY at a ratio of 10 ordinaries per ADR.
*Salient Investment Features*
- First rate experienced management group
- It is one of just two shallow miners in South Africa
- High margin operation
- Near and long term growth in production
- Low maintenance capital
- Continues to meet targets
- Strong pipeline of assets to scale up in production
- Valuation – lumped in with low margin deep miners
- Turning cash flow positive after five months
The strike orchestrated by the members of South Africa’s National Union of Mineworkers at Gold One’s 3 month old operation, Modder East, which threw at least 600 people out of work on March 23rd, is over. The union has agreed to a three year wage contract with a “living out allowance, a travelling allowance and allowances for meal breaks.”
Salaries will increase 10% this year, 11.5% in 2011, and 26% in the third year of the contract; and the living out allowance amounts to ZAR 225 (US$30) per month in 2010 and 2011 increasing to ZAR 400 per month in 2012.
The handling of the strike demonstrates the depth of experience at this company. At the time of the strike, Modder East was processing at a rate of between 800 and 1000tpd (about 35% of current nameplate capacity and roughly 27% of steady state capacity).
Despite ¾ of its work force out on strike, it was still able to keep the mill running at 500 tonnes per day, having planned for the eventuality. And despite the unlawful conduct of union members, the company stuck to its guns on the proposed 3yr term of the wage contract and wage rate offer, giving up only the additional living out allowance; moreover it refused to pay anyone who wasn’t working during the industrial action.
Using these facts as a road map, we estimate the plant to be processing just 1,500 tonnes per day (45,000 tpm) by the end of the current quarter, up significantly from the 500tpd strike rate and somewhat from the 1,000 tpd it was approaching prior. That is, the plant could be operating at 64% of its current capacity - before the commissioning of the secondary crusher and gravity circuit – by the end of June. Over the subsequent 12 months we expect that the company will meet its objectives of ramping throughput up to ~100% of the expanded capacity (at 100ktpm).
As a result we are reducing our milling forecast from 720,000 tonnes to around 570,000 tonnes in 2010; and from 1.3 million tonnes in 2011 to 1.05 million tonnes, as the company notes it won’t achieve steady state until mid 2011.
However, the company has been mining higher than expected grades and suggests that it could continue to mine them.
Furthermore, plant recoveries have improved markedly to nearly 96%. Consequently, gold production is still expected to come in within the previously projected ranges: 100,000 to 120,000 ounces in 2010, and about 180,000 ounces in 2011; and our risk adjusted BEE discounted valuation of US$500 million for the Modder East asset failed to budge on any of those adjustments, underscoring just how well management handled the contract negotiations.
Gold One continued to uncover wider than expected high grade sections in the mine last quarter and we are confident that this will help it achieve our $75 million cash flow target in 2010 and around US$175 million in 2011.
It was encouraging to see that the company completed a preliminary scoping study at the Ventersburg deposit – its next flagship, targeted for production in 2013-14 – as it does justice to our early valuation. The company is focused on delineating resources above 550 meters. The study showed the project economics to be potentially viable at an 11 year mine life, producing at a peak rate of around 157,000 ounces per year for 8 of those years at cash costs of roughly US$379/oz (ZAR8.81), with preproduction project capital estimated at around US$215 million.
Drilling has resumed, and is aiming at delineating the upthrown section of the deposit west of Virginia fault, and improving the confidence in the resources estimate backing up the scoping study... moving towards a feasibility study next year.
The study implies undiscounted cashflows of roughly US$800 million over 11 years assuming an average US$1100 gold price; discounted at 10%, the potential net asset value of the Ventersburg deposit approaches US$370 million.
Our current valuation ($128 million) for this asset is heavily discounted to reflect the appropriate development risk.
Gold One technically emerged as a producer with the re-commissioning of the Sub Nigel Shaft No 1 in January 2009, which has produced and stockpiled nearly 15,000 tonnes of ore at the new Modder East plant, which in turn was completed in April, commissioned on 24 June 2009, and began producing Modder East ore on 21 July 2009.
The Modder East mine is on track to produce 20,000 ounces of gold in 2009, 120,000 in 2010 and 180,000 oz per year from 2011 to 2013 with production from the BPLZ tapering off after that out to 2016. Total cash costs are forecast at an average US$303 per ounce over the life of mine and well below that between 2011 and 2013.
We expect Modder East to generate US$60-80 million in free cash flow during 2010 and twice that in 2011, funding the company’s development pipeline – predominantly Ventersburg, Tulo and Bothaville – potentially boosting output to approximately 500,000 ounces per year by 2014. These are all shallow prospects with low technical risk and costs.
The company has begun a second phase drilling program at Ventersburg on 17 July 2009 in order to expand the resource (currently over 3Moz) and fast track it toward prefeasibility. Ventersburg is potentially a 5-10Moz deposit grading 4-5 grams per tonne at depths of less than 850 meters located in the Free State region of the Wits Basin.
The company is also ready to build an access road for the exploration and development of the Tulo Gold project in Mozambique where it will mine a 32,000 oz alluvial prospect to fund development of the primary source targets that it has identified. Gold One listed on the ASX in May via reverse takeover of BMA group, and has since sold BMA’s twin hills project for A$1.75 million in cash.
Its resources are NI 43-101, JROC and SAMREC compliant, and it has the fifth largest resources inventory on the ASX. The company has negotiated two BEE agreements – on its East Rand Basin assets and Ventersburg – which are subject to the government granting new order mining/prospecting rights on all the assets and approving the structure of the BEE partnerships and JV.
Finally, it said that it has short listed down to two banks proposals for a credit facility to fund the replacement of its convertible bonds, which hold an option to redeem at the bondholders’ request by the end of 2010. The company said that it expects final term sheets submitted in May, and we expect them to close in on a deal sometime in the third quarter.
The market continues to maintain a wait and see attitude with respect to what we believe is an overdue rerating of the shares. In our opinion, if management achieves our near term ramp up and cashflow projections and completes its debt financing, with gold prices steadily advancing, we believe that the stock will ultimately close in our share price target.
The shares of Gold One are trading at less than 1/3 our risk adjusted NAV (discounted at 10%) and around 3.4 times our projected 2010 cash flows based on an US$1100 gold price. Our share price target is 1x our risk adjusted net asset valuation –US$9.40 per ADR.
http://www.onenewspage.com/news/Business/20100505/10693891/U…
05.05.10
In a recent report on Gold One International (ASX: GDO), Strategic Energy Research and Capital LLC's Precious Metals Equity Research wrote the company is significantly undervalued but likely to be re-rated.
Gold One is a recently emerged shallow gold miner that has started up two producing mines on the East Rand this year, and has a portfolio of additional shallow exploration and development assets on the East Rand and other parts of the Wits Rand Basin in South Africa – including its next potential flagship (Ventersburg).
As well, the company holds a 100% interest in one deep mining prospect with a 5 Moz NI 43-101, part of which is shallow, an attractive IOCG target in Namibia, and greenstone and alluvial prospects in Mozambique (blue sky).
Gold One’s shares are listed on the Johannesburg and Australian Stock Exchanges under the symbol (ASX: GDO), and its American Depository Receipts trade on the NASDAQ under the symbol GLDZY at a ratio of 10 ordinaries per ADR.
*Salient Investment Features*
- First rate experienced management group
- It is one of just two shallow miners in South Africa
- High margin operation
- Near and long term growth in production
- Low maintenance capital
- Continues to meet targets
- Strong pipeline of assets to scale up in production
- Valuation – lumped in with low margin deep miners
- Turning cash flow positive after five months
The strike orchestrated by the members of South Africa’s National Union of Mineworkers at Gold One’s 3 month old operation, Modder East, which threw at least 600 people out of work on March 23rd, is over. The union has agreed to a three year wage contract with a “living out allowance, a travelling allowance and allowances for meal breaks.”
Salaries will increase 10% this year, 11.5% in 2011, and 26% in the third year of the contract; and the living out allowance amounts to ZAR 225 (US$30) per month in 2010 and 2011 increasing to ZAR 400 per month in 2012.
The handling of the strike demonstrates the depth of experience at this company. At the time of the strike, Modder East was processing at a rate of between 800 and 1000tpd (about 35% of current nameplate capacity and roughly 27% of steady state capacity).
Despite ¾ of its work force out on strike, it was still able to keep the mill running at 500 tonnes per day, having planned for the eventuality. And despite the unlawful conduct of union members, the company stuck to its guns on the proposed 3yr term of the wage contract and wage rate offer, giving up only the additional living out allowance; moreover it refused to pay anyone who wasn’t working during the industrial action.
Using these facts as a road map, we estimate the plant to be processing just 1,500 tonnes per day (45,000 tpm) by the end of the current quarter, up significantly from the 500tpd strike rate and somewhat from the 1,000 tpd it was approaching prior. That is, the plant could be operating at 64% of its current capacity - before the commissioning of the secondary crusher and gravity circuit – by the end of June. Over the subsequent 12 months we expect that the company will meet its objectives of ramping throughput up to ~100% of the expanded capacity (at 100ktpm).
As a result we are reducing our milling forecast from 720,000 tonnes to around 570,000 tonnes in 2010; and from 1.3 million tonnes in 2011 to 1.05 million tonnes, as the company notes it won’t achieve steady state until mid 2011.
However, the company has been mining higher than expected grades and suggests that it could continue to mine them.
Furthermore, plant recoveries have improved markedly to nearly 96%. Consequently, gold production is still expected to come in within the previously projected ranges: 100,000 to 120,000 ounces in 2010, and about 180,000 ounces in 2011; and our risk adjusted BEE discounted valuation of US$500 million for the Modder East asset failed to budge on any of those adjustments, underscoring just how well management handled the contract negotiations.
Gold One continued to uncover wider than expected high grade sections in the mine last quarter and we are confident that this will help it achieve our $75 million cash flow target in 2010 and around US$175 million in 2011.
It was encouraging to see that the company completed a preliminary scoping study at the Ventersburg deposit – its next flagship, targeted for production in 2013-14 – as it does justice to our early valuation. The company is focused on delineating resources above 550 meters. The study showed the project economics to be potentially viable at an 11 year mine life, producing at a peak rate of around 157,000 ounces per year for 8 of those years at cash costs of roughly US$379/oz (ZAR8.81), with preproduction project capital estimated at around US$215 million.
Drilling has resumed, and is aiming at delineating the upthrown section of the deposit west of Virginia fault, and improving the confidence in the resources estimate backing up the scoping study... moving towards a feasibility study next year.
The study implies undiscounted cashflows of roughly US$800 million over 11 years assuming an average US$1100 gold price; discounted at 10%, the potential net asset value of the Ventersburg deposit approaches US$370 million.
Our current valuation ($128 million) for this asset is heavily discounted to reflect the appropriate development risk.
Gold One technically emerged as a producer with the re-commissioning of the Sub Nigel Shaft No 1 in January 2009, which has produced and stockpiled nearly 15,000 tonnes of ore at the new Modder East plant, which in turn was completed in April, commissioned on 24 June 2009, and began producing Modder East ore on 21 July 2009.
The Modder East mine is on track to produce 20,000 ounces of gold in 2009, 120,000 in 2010 and 180,000 oz per year from 2011 to 2013 with production from the BPLZ tapering off after that out to 2016. Total cash costs are forecast at an average US$303 per ounce over the life of mine and well below that between 2011 and 2013.
We expect Modder East to generate US$60-80 million in free cash flow during 2010 and twice that in 2011, funding the company’s development pipeline – predominantly Ventersburg, Tulo and Bothaville – potentially boosting output to approximately 500,000 ounces per year by 2014. These are all shallow prospects with low technical risk and costs.
The company has begun a second phase drilling program at Ventersburg on 17 July 2009 in order to expand the resource (currently over 3Moz) and fast track it toward prefeasibility. Ventersburg is potentially a 5-10Moz deposit grading 4-5 grams per tonne at depths of less than 850 meters located in the Free State region of the Wits Basin.
The company is also ready to build an access road for the exploration and development of the Tulo Gold project in Mozambique where it will mine a 32,000 oz alluvial prospect to fund development of the primary source targets that it has identified. Gold One listed on the ASX in May via reverse takeover of BMA group, and has since sold BMA’s twin hills project for A$1.75 million in cash.
Its resources are NI 43-101, JROC and SAMREC compliant, and it has the fifth largest resources inventory on the ASX. The company has negotiated two BEE agreements – on its East Rand Basin assets and Ventersburg – which are subject to the government granting new order mining/prospecting rights on all the assets and approving the structure of the BEE partnerships and JV.
Finally, it said that it has short listed down to two banks proposals for a credit facility to fund the replacement of its convertible bonds, which hold an option to redeem at the bondholders’ request by the end of 2010. The company said that it expects final term sheets submitted in May, and we expect them to close in on a deal sometime in the third quarter.
The market continues to maintain a wait and see attitude with respect to what we believe is an overdue rerating of the shares. In our opinion, if management achieves our near term ramp up and cashflow projections and completes its debt financing, with gold prices steadily advancing, we believe that the stock will ultimately close in our share price target.
The shares of Gold One are trading at less than 1/3 our risk adjusted NAV (discounted at 10%) and around 3.4 times our projected 2010 cash flows based on an US$1100 gold price. Our share price target is 1x our risk adjusted net asset valuation –US$9.40 per ADR.
http://www.onenewspage.com/news/Business/20100505/10693891/U…
Antwort auf Beitrag Nr.: 39.457.653 von MFC500 am 05.05.10 08:40:35nun hat sich auch das Unternehmen zum Thema geäußert und meine Aussage bestätigt:
Gold One reports no effect of Australian supertax
May 7th, 2010
In a statement in Johannesburg, Gold One says it has noted the announcement by the Australian Government on 3 May 2010, concerning that country’s decision to impose a 40% supertax no profits rising from exploitation of non-renewable resources.
Gold One says it does not have any operational projects in Australia, does not expect to have increased taxation charges as a result of the RSPT.
weiter: http://www.businessday.co.za/articles/Content.aspx?id=108358
Gold One reports no effect of Australian supertax
May 7th, 2010
In a statement in Johannesburg, Gold One says it has noted the announcement by the Australian Government on 3 May 2010, concerning that country’s decision to impose a 40% supertax no profits rising from exploitation of non-renewable resources.
Gold One says it does not have any operational projects in Australia, does not expect to have increased taxation charges as a result of the RSPT.
weiter: http://www.businessday.co.za/articles/Content.aspx?id=108358
12.05.10
Gold One has poured its first ton of gold, some 32 100 oz, at its Modder East mine, east of Johannesburg, the company announced on Wednesday.
"This forms part of Phase 1 of the Modder East mine and marks a significant milestone for the company, considering that our first commercial production was in December, and follows ten months after the first ounce of gold was poured, and follows four years after the start of construction," Gold One CEO Neal Froneman said.
The gold poured on Wednesday weighed about 20 kg and was valued at about R16-million.
The mine would produce between 85 000 oz and 100 000 oz of gold in 2010, at an average cash cost below $400/oz. The operation recently lost up to 6 000 oz of gold owing to a five-week wage strike.
Froneman said that the mine, which cost $62-million to build, is a shallow hydropowered mine, stretching 300 m deep and primarily focusing on low technical risk mining.
"This is a new type of mining in South Africa and we are looking forward to the expected production in the years ahead," he said.
Froneman said that the company's next step would be to refinance its convertible bonds with a debt facility.
"We are also focusing on developing our other shallow mine, Ventersburg and medium-depth Megamine, which includes Vlakfontein, West Vlakfontein and Spaarwater."
http://www.miningweekly.com/article/gold-one-pours-first-ton…
Gold One has poured its first ton of gold, some 32 100 oz, at its Modder East mine, east of Johannesburg, the company announced on Wednesday.
"This forms part of Phase 1 of the Modder East mine and marks a significant milestone for the company, considering that our first commercial production was in December, and follows ten months after the first ounce of gold was poured, and follows four years after the start of construction," Gold One CEO Neal Froneman said.
The gold poured on Wednesday weighed about 20 kg and was valued at about R16-million.
The mine would produce between 85 000 oz and 100 000 oz of gold in 2010, at an average cash cost below $400/oz. The operation recently lost up to 6 000 oz of gold owing to a five-week wage strike.
Froneman said that the mine, which cost $62-million to build, is a shallow hydropowered mine, stretching 300 m deep and primarily focusing on low technical risk mining.
"This is a new type of mining in South Africa and we are looking forward to the expected production in the years ahead," he said.
Froneman said that the company's next step would be to refinance its convertible bonds with a debt facility.
"We are also focusing on developing our other shallow mine, Ventersburg and medium-depth Megamine, which includes Vlakfontein, West Vlakfontein and Spaarwater."
http://www.miningweekly.com/article/gold-one-pours-first-ton…
Change in substantial holding
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=4916…
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=4916…
27.05.10
Further prospecting right granted at Ventersburg and drilling update
Gold One International Limited (ASX and JSE: GDO) is pleased to announce that the company has been granted a further prospecting right at its Ventersburg exploration project in the Free State region in South Africa.
This new prospecting right (indicated as Ventersburg 4 on the accompanying diagram) covers an area of almost 5 square kilometres (494 hectares), and brings the total Ventersburg Prospecting area to 135 square kilometres (13,510 hectares). The A-Reef horizon at Ventersburg, which forms the primary gold target, extends from a depth of 400 metres to 1,000 metres below surface at an average dip of 17 degrees to the northwest. The shallow nature of the reef is in line with Gold One’s corporate strategy of developing and mining shallow, high margin, low-risk assets.
Gold One is also pleased to announce that the company has received assay results from its first drill hole completed in the current campaign (AFO-039). This borehole targeted the projected payshoot extension to the south and intersected a thick (3.37 metres), well developed A-Reef conglomerate channel (payshoot) at a depth of 555 metres below surface. The borehole comprised an original intersection and two short deflections. The average grade of the three intersections yielded 2.40g/t over 3.37 metres including 1.13 metres at 4.17g/t. The latter represents a selected mining cut (determined from the top of the reef contact down) at which resources are determined.
In addition, the company has successfully intersected the A-Reef in a second borehole (AFO-043). Similar to the borehole reported on above, the second borehole was sited based on the updated geological model and drilled in the projected payshoot extension to the south of a regional fault structure. Well developed and channelized A-Reef was intersected at a depth of 579 metres below surface, some 150 metres shallower than anticipated. This second successful reef intersection has provided further confidence in the geological model developed, confirming the channelized nature of the orebody. Assay results of this borehole are still outstanding.
This drilling is part of a campaign of 16 drill holes aimed at delineating the Ventersburg payshoot extensions, which remain open to the north and south, and more confidently defining localised high grade payshoots through infill drilling. This campaign will be utilised to update the existing JORC/SAMREC resource at Ventersburg, which currently comprises an indicted resource of 8.73 million tonnes at an average grade of 5.12 g/t resulting in 1.44 million ounces of gold plus an additional 13.48 million tonnes at an average grade of 4.24 g/t (1.84 million ounces of gold) in the inferred resource category. Updated resources will be incorporated into a pre-feasibility study being undertaken by Gold One at Ventersburg, which follows a positive scoping study, the results of which were announced in April 2010.
Gold One President and Chief Executive Officer Neal Froneman commented “With the drilling campaign continuing, the Ventersburg resource continues to meet and exceed expectations, and we firmly believe that Ventersburg will be our next flagship project. In the interim, our focus continues to be the production ramp-up at the Modder East mine, while finalising the components of our new debt facility, which is progressing well.”
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=4925…
Further prospecting right granted at Ventersburg and drilling update
Gold One International Limited (ASX and JSE: GDO) is pleased to announce that the company has been granted a further prospecting right at its Ventersburg exploration project in the Free State region in South Africa.
This new prospecting right (indicated as Ventersburg 4 on the accompanying diagram) covers an area of almost 5 square kilometres (494 hectares), and brings the total Ventersburg Prospecting area to 135 square kilometres (13,510 hectares). The A-Reef horizon at Ventersburg, which forms the primary gold target, extends from a depth of 400 metres to 1,000 metres below surface at an average dip of 17 degrees to the northwest. The shallow nature of the reef is in line with Gold One’s corporate strategy of developing and mining shallow, high margin, low-risk assets.
Gold One is also pleased to announce that the company has received assay results from its first drill hole completed in the current campaign (AFO-039). This borehole targeted the projected payshoot extension to the south and intersected a thick (3.37 metres), well developed A-Reef conglomerate channel (payshoot) at a depth of 555 metres below surface. The borehole comprised an original intersection and two short deflections. The average grade of the three intersections yielded 2.40g/t over 3.37 metres including 1.13 metres at 4.17g/t. The latter represents a selected mining cut (determined from the top of the reef contact down) at which resources are determined.
In addition, the company has successfully intersected the A-Reef in a second borehole (AFO-043). Similar to the borehole reported on above, the second borehole was sited based on the updated geological model and drilled in the projected payshoot extension to the south of a regional fault structure. Well developed and channelized A-Reef was intersected at a depth of 579 metres below surface, some 150 metres shallower than anticipated. This second successful reef intersection has provided further confidence in the geological model developed, confirming the channelized nature of the orebody. Assay results of this borehole are still outstanding.
This drilling is part of a campaign of 16 drill holes aimed at delineating the Ventersburg payshoot extensions, which remain open to the north and south, and more confidently defining localised high grade payshoots through infill drilling. This campaign will be utilised to update the existing JORC/SAMREC resource at Ventersburg, which currently comprises an indicted resource of 8.73 million tonnes at an average grade of 5.12 g/t resulting in 1.44 million ounces of gold plus an additional 13.48 million tonnes at an average grade of 4.24 g/t (1.84 million ounces of gold) in the inferred resource category. Updated resources will be incorporated into a pre-feasibility study being undertaken by Gold One at Ventersburg, which follows a positive scoping study, the results of which were announced in April 2010.
Gold One President and Chief Executive Officer Neal Froneman commented “With the drilling campaign continuing, the Ventersburg resource continues to meet and exceed expectations, and we firmly believe that Ventersburg will be our next flagship project. In the interim, our focus continues to be the production ramp-up at the Modder East mine, while finalising the components of our new debt facility, which is progressing well.”
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=4925…
Antwort auf Beitrag Nr.: 39.590.319 von MFC500 am 27.05.10 08:59:28Gold One International Ltd. sieht Ventersburg als neues Flaggschiff
http://www.minenportal.de/artikel.php?sid=10014#Gold-One-Int…
http://www.minenportal.de/artikel.php?sid=10014#Gold-One-Int…
June 17, 2010
Gold One reaffirms production guidance of 85,000 ozs in 2010
http://www.proactiveinvestors.com.au/companies/news/7934/gol…" target="_blank" rel="nofollow ugc noopener">http://www.proactiveinvestors.com.au/companies/news/7934/gol…
Gold One reaffirms production guidance of 85,000 ozs in 2010
http://www.proactiveinvestors.com.au/companies/news/7934/gol…" target="_blank" rel="nofollow ugc noopener">http://www.proactiveinvestors.com.au/companies/news/7934/gol…
June 23, 2010
Gold One has executed a mandate and term sheet for a U$65 Mio debt facility with two leading international banks, Absa Capital (a division of Absa Bank Limited) and BNP Paribas, achieving a critical milestone in the company's proposed debt restructuring.
The US$ 65 million facility will ensure Gold One has the capacity to refinance all its convertible bonds, should some or all of the bondholders exercise their once-off put option in December 2010.
The signing of the term sheet follows several months of financial, legal, and technical due diligence by Absa Capital and BNP Paribas in relation to Gold One and its Modder East gold mine, located near Johannesburg in South Africa, which will serve as security for the debt facility.
The company said this detailed term sheet will form the basis of the final legal agreements which are expected to be executed in the coming quarter.
Neal Froneman, President and Chief Executive Officer, said "the signing of the Term Sheet not only demonstrates our ability to raise corporate debt, but also provides independent third party validation of the technical fundamentals of Gold One and its Modder East gold mine, which have been scrutinised over a number of months by ABSA Capital and BNP Paribas.”
The debt facility is subject to the completion of suitable loan and security documentation, and includes conditions precedent usual for facilities of this nature which includes amongst others the completion of a satisfactory final due diligence and approval from the respective credit committees.
The company said on June 17 that a production rampup at the Modder East gold mine is continuing as planned, and that the build up rate required to attain this year’s gold production targets of 85,000 to 100,000 ounces is being achieved.
http://www.proactiveinvestors.com.au/companies/news/8101/gol…
Gold One has executed a mandate and term sheet for a U$65 Mio debt facility with two leading international banks, Absa Capital (a division of Absa Bank Limited) and BNP Paribas, achieving a critical milestone in the company's proposed debt restructuring.
The US$ 65 million facility will ensure Gold One has the capacity to refinance all its convertible bonds, should some or all of the bondholders exercise their once-off put option in December 2010.
The signing of the term sheet follows several months of financial, legal, and technical due diligence by Absa Capital and BNP Paribas in relation to Gold One and its Modder East gold mine, located near Johannesburg in South Africa, which will serve as security for the debt facility.
The company said this detailed term sheet will form the basis of the final legal agreements which are expected to be executed in the coming quarter.
Neal Froneman, President and Chief Executive Officer, said "the signing of the Term Sheet not only demonstrates our ability to raise corporate debt, but also provides independent third party validation of the technical fundamentals of Gold One and its Modder East gold mine, which have been scrutinised over a number of months by ABSA Capital and BNP Paribas.”
The debt facility is subject to the completion of suitable loan and security documentation, and includes conditions precedent usual for facilities of this nature which includes amongst others the completion of a satisfactory final due diligence and approval from the respective credit committees.
The company said on June 17 that a production rampup at the Modder East gold mine is continuing as planned, and that the build up rate required to attain this year’s gold production targets of 85,000 to 100,000 ounces is being achieved.
http://www.proactiveinvestors.com.au/companies/news/8101/gol…
June 24, 2010
European research house Edison Investment Research has penned a research report on Gold One, valuing Gold One at A$0.65.
Price A$0.28
Market Cap A$226m
Code GDO
Listing JSE/ASX
Sector Mining
Shares in issue 805.9m
52 week High Low
A$0.40 A$0.23
In addition to already producing mines in the Witwatersrand basin, Gold One has advanced the development of its assets by completing a positive independent scoping study on the Ventersburg project in South Africa’s Free State province.
Previously, we placed a value of 7.8 Australian cents per share (Acps) on Gold One’s non-producing assets including Ventersburg), based on the in-situ value of their resources.
However, an analysis of the cash flows accruing to shareholders as a result of the development of Ventersburg suggests these assets could now be valued at 20.15Acps, potentially rising to 25.93Acps in the event of future exploration success.
Potential for elevated grade at Modder East
Current operations at GDO’s main producing asset, Modder East on the East Rand, are situated very close to the shoreline where grades are higher than those originally envisaged in the geological model. As a result, the average grade mined was 9.16g/t in Q409 and 8.41g/t in Q110.
On-reef development sampling during the course of development along the Buckshot Pyrite Leader Zone in Q1, however, returned average values of 16.5g/t over the average 75cm thickness of reef, implying that a grade of 12.39g/t is achievable when mined across a stope width of one metre. As such, it suggests that our forecast average mined grade for FY10 of 8.38g/t is eminently achievable.
Valuation: Discount nudging 60%
Adding our new valuation for Ventersburg to our adjusted valuation for its producing assets, Modder East and Sub Nigel, plus our estimate of the value of the company’s loans to its BEE partners, yields a total value for Gold One’s shares of 64.98Acps, potentially rising to 70.76Acps in the event that it is able to drill up an additional 1Moz of ‘indicated’ resources in the near future.
This compares to our previous valuation of 54.91Acps (or 60.31Acps in the event of exploration success), representing an increase of 18.3%. At 28Ac therefore, Gold One’s shares are trading at a 56.9% discount to our valuation of the assets, potentially rising to 60.4% in the event of near-term exploration success. NB: valuations are conducted at a long-term gold price of US$1,177/oz.
http://www.proactiveinvestors.com.au/companies/news/8132/res…
European research house Edison Investment Research has penned a research report on Gold One, valuing Gold One at A$0.65.
Price A$0.28
Market Cap A$226m
Code GDO
Listing JSE/ASX
Sector Mining
Shares in issue 805.9m
52 week High Low
A$0.40 A$0.23
In addition to already producing mines in the Witwatersrand basin, Gold One has advanced the development of its assets by completing a positive independent scoping study on the Ventersburg project in South Africa’s Free State province.
Previously, we placed a value of 7.8 Australian cents per share (Acps) on Gold One’s non-producing assets including Ventersburg), based on the in-situ value of their resources.
However, an analysis of the cash flows accruing to shareholders as a result of the development of Ventersburg suggests these assets could now be valued at 20.15Acps, potentially rising to 25.93Acps in the event of future exploration success.
Potential for elevated grade at Modder East
Current operations at GDO’s main producing asset, Modder East on the East Rand, are situated very close to the shoreline where grades are higher than those originally envisaged in the geological model. As a result, the average grade mined was 9.16g/t in Q409 and 8.41g/t in Q110.
On-reef development sampling during the course of development along the Buckshot Pyrite Leader Zone in Q1, however, returned average values of 16.5g/t over the average 75cm thickness of reef, implying that a grade of 12.39g/t is achievable when mined across a stope width of one metre. As such, it suggests that our forecast average mined grade for FY10 of 8.38g/t is eminently achievable.
Valuation: Discount nudging 60%
Adding our new valuation for Ventersburg to our adjusted valuation for its producing assets, Modder East and Sub Nigel, plus our estimate of the value of the company’s loans to its BEE partners, yields a total value for Gold One’s shares of 64.98Acps, potentially rising to 70.76Acps in the event that it is able to drill up an additional 1Moz of ‘indicated’ resources in the near future.
This compares to our previous valuation of 54.91Acps (or 60.31Acps in the event of exploration success), representing an increase of 18.3%. At 28Ac therefore, Gold One’s shares are trading at a 56.9% discount to our valuation of the assets, potentially rising to 60.4% in the event of near-term exploration success. NB: valuations are conducted at a long-term gold price of US$1,177/oz.
http://www.proactiveinvestors.com.au/companies/news/8132/res…
Das scheinen mir momentan klare Kaufkurse zu sein.
Auffällig sind die enormen Umsätze in Frankfurt in den letzten Tagen, wobei zumeist (deutlich) unter Pari gehandelt wurde. Die Umsätze könnten einer BB-Empfehlung geschuldet sein, der für GDO ein KGV von >3 für 2011 prognostiziert und für die Aktie ein Kurspotential von 200% sieht.
Moin MFC,
und wieviel Prozent siehst Du?
und wieviel Prozent siehst Du?
Antwort auf Beitrag Nr.: 39.859.778 von Timesystem1002 am 22.07.10 11:06:10Ich halte nichts von solchen konkreten Zahlenangaben, da es zuviele Unbekannte in der Rechnung gibt, vorneweg der Goldpreis. Man kann nur verschiedene Szenarien durchspielen. Siehe #40; mein Fazit: wenn der Goldpreis in etwa auf dem aktuellen Niveau bleibt und die Produktionsziele wie geplant erreicht werden, dürfte GDO einer der am günstigsten bewerteten Goldproduzenten auf dem Kurszettel sein, was zumindest theoretisch beträchtliches Kurspotential eröffnet. Und bisher deutet nichts darauf hin, daß besagte Ziele nicht erreicht würden. Die Unterbewertung wird noch größer, bezieht man die übrigen Projekte, insbesondere Ventersburg, ein. Der Clou ist hierbei, daß - einen halbwegs stabilen Goldpreis vorausgesetzt - ein erheblicher Teil der Investitionskosten für Ventersburg aus dem CF von Modder East finanziert werden könnte. Aber das liegt noch zu weit in der Zukunft, um Berücksichtigung zu finden.
28.07.10
JUNE QUARTERLY RESULTS
Gold One reports strong operating performance at Modder East, South Africa
2010 gold production forecast on track
Cash costs steady at US$488/oz
Gold One is pleased to report that despite a five week strike which impacted production at the beginning of the June 2010 quarter, Modder East has continued its ramp-up in production, with June 2010 providing a record month in terms of both gold production (5,981 ounces of gold) and cash operating costs (US$ 434 per ounce).
The steady operating result was underpinned by another quarter of strong safety outcomes, with a progressive 2010 lost time injury frequency rate of 0.29. This is significantly below the Australian benchmark of 1, against which the Company is measured.
Gold One President and Chief Executive Officer Neal Froneman commented "As a result of the successful build-up and the establishment of the first new panels in the No. 2 Raise Line at Modder East from where the next phase of increased output is planned and combined with the signing of a three year wage agreement with workers, the Company`s 2010 gold production guidance of 85,000 to 100,000 ounces remains on track, with 25,000 ounces forecast for the September 2010 quarter."
Four weeks of the five week strike by members of the National Union of Mineworkers occurred during the quarter under review, which in addition to a three week production build-up to pre-strike levels effectively resulted in only half a quarter of normal production. Notwithstanding this, the Company produced 12,287 ounces of gold (a 7% decrease in group ounces from the March 2010 quarter of 13,208 ounces) with Modder East cash costs steady at US$488 per ounce (March 2010 quarter US$480 per ounce).
Second quarter revenue for the Company was US$ 14.8 million and group cash operating costs were US$ 6.6 million, resulting in group operating cash flow of US$ 8.2 million. Development and capital expenditure for the quarter across the Modder East and Sub Nigel projects was US$ 8.3 million. Gold One ended the June 2010 quarter with US$ 8.6 million of cash on hand and gold pour receivables (received from the Rand Refinery on 1 July 2010), compared to an end of March 2010 Quarter cash balance of US$ 8.9 million. An interest payment on the Company`s 501 convertible bonds was paid in June 2010, amounting to US$ 1.27
million.
For the second consecutive quarter, the metallurgical plant has maintained recoveries of 96%, providing confidence that the original feasibility recoveries of 88% can be consistently exceeded.
During the quarter the Company also achieved several significant milestones, including the finalisation of a three year wage agreement, pouring of the first tonne of gold and the execution of a mandate and term sheet relating to a US$ 65 million debt facility with two leading international banks, Absa Capital (a division of Absa Bank Limited) and BNP Paribas.
While Modder East remains the Company`s primary focus, there has also been significant progress made on the Company`s exploration and projects. This includes the continuation of successful drill intersections at Ventersburg, the completion of an underground sampling program at the Boundary Project and the completion of a revised geological model for the Megamine project. The results of the exploration activities are currently being utilised to upgrade resources for all these projects, and will include pre-feasibility studies at both Ventersburg and the Boundary Project which will be completed during the third and December quarters of 2010 respectively.
Froneman commented "with continued ramp up at Modder East and the progression of our project pipeline, Gold One remains well positioned for growth and delivery
on our strategic objectives".
(Average exchange rate of ZAR 7.53/US$1)
http://www.sharenet.co.za/v3/sens_display.php?tdate=20100728…
wer´s noch ausführlicher mag: http://www.asx.com.au/asxpdf/20100728/pdf/31rjt0bwql6dd2.pdf
JUNE QUARTERLY RESULTS
Gold One reports strong operating performance at Modder East, South Africa
2010 gold production forecast on track
Cash costs steady at US$488/oz
Gold One is pleased to report that despite a five week strike which impacted production at the beginning of the June 2010 quarter, Modder East has continued its ramp-up in production, with June 2010 providing a record month in terms of both gold production (5,981 ounces of gold) and cash operating costs (US$ 434 per ounce).
The steady operating result was underpinned by another quarter of strong safety outcomes, with a progressive 2010 lost time injury frequency rate of 0.29. This is significantly below the Australian benchmark of 1, against which the Company is measured.
Gold One President and Chief Executive Officer Neal Froneman commented "As a result of the successful build-up and the establishment of the first new panels in the No. 2 Raise Line at Modder East from where the next phase of increased output is planned and combined with the signing of a three year wage agreement with workers, the Company`s 2010 gold production guidance of 85,000 to 100,000 ounces remains on track, with 25,000 ounces forecast for the September 2010 quarter."
Four weeks of the five week strike by members of the National Union of Mineworkers occurred during the quarter under review, which in addition to a three week production build-up to pre-strike levels effectively resulted in only half a quarter of normal production. Notwithstanding this, the Company produced 12,287 ounces of gold (a 7% decrease in group ounces from the March 2010 quarter of 13,208 ounces) with Modder East cash costs steady at US$488 per ounce (March 2010 quarter US$480 per ounce).
Second quarter revenue for the Company was US$ 14.8 million and group cash operating costs were US$ 6.6 million, resulting in group operating cash flow of US$ 8.2 million. Development and capital expenditure for the quarter across the Modder East and Sub Nigel projects was US$ 8.3 million. Gold One ended the June 2010 quarter with US$ 8.6 million of cash on hand and gold pour receivables (received from the Rand Refinery on 1 July 2010), compared to an end of March 2010 Quarter cash balance of US$ 8.9 million. An interest payment on the Company`s 501 convertible bonds was paid in June 2010, amounting to US$ 1.27
million.
For the second consecutive quarter, the metallurgical plant has maintained recoveries of 96%, providing confidence that the original feasibility recoveries of 88% can be consistently exceeded.
During the quarter the Company also achieved several significant milestones, including the finalisation of a three year wage agreement, pouring of the first tonne of gold and the execution of a mandate and term sheet relating to a US$ 65 million debt facility with two leading international banks, Absa Capital (a division of Absa Bank Limited) and BNP Paribas.
While Modder East remains the Company`s primary focus, there has also been significant progress made on the Company`s exploration and projects. This includes the continuation of successful drill intersections at Ventersburg, the completion of an underground sampling program at the Boundary Project and the completion of a revised geological model for the Megamine project. The results of the exploration activities are currently being utilised to upgrade resources for all these projects, and will include pre-feasibility studies at both Ventersburg and the Boundary Project which will be completed during the third and December quarters of 2010 respectively.
Froneman commented "with continued ramp up at Modder East and the progression of our project pipeline, Gold One remains well positioned for growth and delivery
on our strategic objectives".
(Average exchange rate of ZAR 7.53/US$1)
http://www.sharenet.co.za/v3/sens_display.php?tdate=20100728…
wer´s noch ausführlicher mag: http://www.asx.com.au/asxpdf/20100728/pdf/31rjt0bwql6dd2.pdf
29.07.10
Gold One says it may hedge gold to cover new $65m debt facility
GOLD One, which is increasing the Modder East mine near Johannesburg, may have to hedge up to 200000oz of gold to cover a $65m loan it is finalising.
Gold One has convertible bonds due in December and it is preparing itself in case holders of the bond opt for cash.
The loan was expected to be finalised during Gold One’s board meeting in August, CEO Neal Froneman said. An arranging mandate and term sheets for the debt facility have been agreed with Absa Capital and BNP Paribas.
“The only outstanding element that is required to reduce risk measurably (in Gold One) is the debt facility of 65m,” RBC Capital Markets analyst Leon Esterhuizen said.
Gold One was on track to produce 80000oz-100000oz of gold this year from its new mine, which was a shallow, low-cost operation, he said. The mine would reach steady- state production next year of 150000oz and should generate enough cash to allow the company to pay a dividend .
“We should generate large amounts of cash next year,” Mr Froneman said in an interview yesterday. Modder East should produce gold at below 400/oz, well below most South African producers.
Gold One had a five-week wage strike at Modder East, curtailing group production, which came in at 12287oz for the three months to end-June, a 7% decline from the previous quarter.
Gold One also has the smaller Sub Nigel mine, which generated 722oz in the quarter.
The growth prospects in the company lie in the Ventersburg project, where a prefeasibility study into building a mine is under way and should be completed early next year. The deposit is relatively shallow at between 600m and 1000m deep.
The second prospect is called Megamine, and includes a number of properties on the East Rand. These have a resource of 6-million ounces, but they lie deep at 2km below the surface.
This does not fit the asset profile Gold One wishes to have and in the next two to three months the company will tell the market what it intends doing with Megamine, which could include a separate listing or sale of the property.
http://www.businessday.co.za/Articles/Content.aspx?id=116303
Gold One says it may hedge gold to cover new $65m debt facility
GOLD One, which is increasing the Modder East mine near Johannesburg, may have to hedge up to 200000oz of gold to cover a $65m loan it is finalising.
Gold One has convertible bonds due in December and it is preparing itself in case holders of the bond opt for cash.
The loan was expected to be finalised during Gold One’s board meeting in August, CEO Neal Froneman said. An arranging mandate and term sheets for the debt facility have been agreed with Absa Capital and BNP Paribas.
“The only outstanding element that is required to reduce risk measurably (in Gold One) is the debt facility of 65m,” RBC Capital Markets analyst Leon Esterhuizen said.
Gold One was on track to produce 80000oz-100000oz of gold this year from its new mine, which was a shallow, low-cost operation, he said. The mine would reach steady- state production next year of 150000oz and should generate enough cash to allow the company to pay a dividend .
“We should generate large amounts of cash next year,” Mr Froneman said in an interview yesterday. Modder East should produce gold at below 400/oz, well below most South African producers.
Gold One had a five-week wage strike at Modder East, curtailing group production, which came in at 12287oz for the three months to end-June, a 7% decline from the previous quarter.
Gold One also has the smaller Sub Nigel mine, which generated 722oz in the quarter.
The growth prospects in the company lie in the Ventersburg project, where a prefeasibility study into building a mine is under way and should be completed early next year. The deposit is relatively shallow at between 600m and 1000m deep.
The second prospect is called Megamine, and includes a number of properties on the East Rand. These have a resource of 6-million ounces, but they lie deep at 2km below the surface.
This does not fit the asset profile Gold One wishes to have and in the next two to three months the company will tell the market what it intends doing with Megamine, which could include a separate listing or sale of the property.
http://www.businessday.co.za/Articles/Content.aspx?id=116303
Half-year report for 6 months ended 30 June 2010
http://www.asx.com.au/asxpdf/20100830/pdf/31s5nfh21qrprn.pdf
http://www.asx.com.au/asxpdf/20100830/pdf/31s5nfh21qrprn.pdf
Antwort auf Beitrag Nr.: 40.071.635 von MFC500 am 31.08.10 08:32:05was war denn heute mit den Kursen los?
Tief: 0,205 AUD, da hätte man wirklich ein Limit drinhaben können.
Tief: 0,205 AUD, da hätte man wirklich ein Limit drinhaben können.
Antwort auf Beitrag Nr.: 40.071.729 von Timesystem1002 am 31.08.10 08:49:39wahrscheinlich hat man sich am gesenkten Ausblick für das lfd Quartal gestört sowie der definitiven/möglichen Senkung der Prognosen für 2010/2011
01.09.10
Gold One CEO Neal Froneman said on Wednesday said that the junior miner’s spin-off plans for the Megamine project, in South Africa, were “well advanced”.
Speaking to Mining Weekly Online on the sidelines of the Africa Downunder conference, in Perth, Froneman said that the company was likely to make an announcement regarding the spin-off during the next quarter.
“The Megamine project is unlikely to get any traction on the ASX, so we are looking at a JSE-listed vehicle,” Froneman said.
He noted that capital raising would not be an issue during the spin-off, so it was unlikely that Gold One would undertake an initial public offering (IPO).
“It’s not specifically going to be an IPO, but the IPO is an option. However, there are existing vehicles that are making a lot of sense. So we will keep an open mind.”
The Megamine project hosts an estimated six-million ounces of Gold One’s 13-million-ounce gold resource, and incorporates the consolidated areas in the vicinity of the three former gold mines of Spaarwater, Vlakfontein and West Vlakfontein.
However, Froneman noted that some portions of the Megamine resource were deeper, and thus more risky, than Gold One’s current strategy provided for.
“It is probably a medium-risk project, so it deserves to be developed outside of Gold One. And, as an underground mine, it is very viable,” he added.
Meanwhile, Froneman said that the prefeasibility study of the Ventersburg gold project, in the Free State province, would be completed by early next year.
He also added that a “significant” resource upgrade was expected for the Ventersburg project later this month, following expanded resource exploration in the area.
The Ventersburg project currently has a Joint Ore Reserves Committee-compliant indicated resource of 8,73-million tons, at an average grade of 5,12 g/t gold, for 1,44-million ounces of gold, as well as an additional 13,48-million tons, for around 1,84-million ounces in the inferred category.
Froneman told Mining Weekly Online that the Ventersburg project was likely to start production by 2015.
http://newsindi.com/plans-for-megamine-spin-off-well-advance…
Gold One CEO Neal Froneman said on Wednesday said that the junior miner’s spin-off plans for the Megamine project, in South Africa, were “well advanced”.
Speaking to Mining Weekly Online on the sidelines of the Africa Downunder conference, in Perth, Froneman said that the company was likely to make an announcement regarding the spin-off during the next quarter.
“The Megamine project is unlikely to get any traction on the ASX, so we are looking at a JSE-listed vehicle,” Froneman said.
He noted that capital raising would not be an issue during the spin-off, so it was unlikely that Gold One would undertake an initial public offering (IPO).
“It’s not specifically going to be an IPO, but the IPO is an option. However, there are existing vehicles that are making a lot of sense. So we will keep an open mind.”
The Megamine project hosts an estimated six-million ounces of Gold One’s 13-million-ounce gold resource, and incorporates the consolidated areas in the vicinity of the three former gold mines of Spaarwater, Vlakfontein and West Vlakfontein.
However, Froneman noted that some portions of the Megamine resource were deeper, and thus more risky, than Gold One’s current strategy provided for.
“It is probably a medium-risk project, so it deserves to be developed outside of Gold One. And, as an underground mine, it is very viable,” he added.
Meanwhile, Froneman said that the prefeasibility study of the Ventersburg gold project, in the Free State province, would be completed by early next year.
He also added that a “significant” resource upgrade was expected for the Ventersburg project later this month, following expanded resource exploration in the area.
The Ventersburg project currently has a Joint Ore Reserves Committee-compliant indicated resource of 8,73-million tons, at an average grade of 5,12 g/t gold, for 1,44-million ounces of gold, as well as an additional 13,48-million tons, for around 1,84-million ounces in the inferred category.
Froneman told Mining Weekly Online that the Ventersburg project was likely to start production by 2015.
http://newsindi.com/plans-for-megamine-spin-off-well-advance…
Bakersteel hat ihren Anteil aufgestockt: http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=5041…
24.09.10
Mining house against nationalisation
http://www.iol.co.za/news/south-africa/mining-house-against-…
27.09.10
Nationalisation No Cause for Alarm - Zuma
http://allafrica.com/stories/201009270755.html
Mining house against nationalisation
http://www.iol.co.za/news/south-africa/mining-house-against-…
27.09.10
Nationalisation No Cause for Alarm - Zuma
http://allafrica.com/stories/201009270755.html
Ist schon etwas älter, aber dennoch interessant:
By: Esmarie Swanepoel
30th August 2010
PERTH (miningweekly.com) – South Africa-focused Gold One has narrowed its interim after-tax loss to A$3,94-million, compared with the A$39,47-million loss reported in the first half of 2009, as its Modder East mine continued to increase production.
Revenue for the six months ended June 30, increased to A$32,9-million, compared with the A$1,4-million in the first half of 2009, on the back of increased gold sales.
The miner said on Monday that the financial statements reflected the progress of the company since declaring commercial production at Modder East in December, and its pursuit of both internal growth, through existing exploration projects, and its external growth, through corporate activity.
Besides the Modder East mine, Gold One also owns the Sub Nigel mine, in South Africa, which was recently recommissioned.
Its other projects and targets include the Ventersburg and Bothaville operations, both in the Free State, as well as the Tulo concession, in Mozambique, and the Etendeka greenfield project, in Namibia.
Last month, CEO Neal Froneman reported that Gold One had produced 12 287 oz of gold in the second quarter, ended June 30. The June month's output was a record at 5 981 oz.
Froneman said, at the time, that with the establishment of the first new panels in the number-two raise line, at Modder East, the company was positioned to continue its planned ramp-up to meet the production guidance of 25 000 oz for the third quarter, and between 85 000 oz and 100 000 oz for the year.
Quelle: http://www.miningweekly.com/article/gold-one-narrows-loss-as…
By: Esmarie Swanepoel
30th August 2010
PERTH (miningweekly.com) – South Africa-focused Gold One has narrowed its interim after-tax loss to A$3,94-million, compared with the A$39,47-million loss reported in the first half of 2009, as its Modder East mine continued to increase production.
Revenue for the six months ended June 30, increased to A$32,9-million, compared with the A$1,4-million in the first half of 2009, on the back of increased gold sales.
The miner said on Monday that the financial statements reflected the progress of the company since declaring commercial production at Modder East in December, and its pursuit of both internal growth, through existing exploration projects, and its external growth, through corporate activity.
Besides the Modder East mine, Gold One also owns the Sub Nigel mine, in South Africa, which was recently recommissioned.
Its other projects and targets include the Ventersburg and Bothaville operations, both in the Free State, as well as the Tulo concession, in Mozambique, and the Etendeka greenfield project, in Namibia.
Last month, CEO Neal Froneman reported that Gold One had produced 12 287 oz of gold in the second quarter, ended June 30. The June month's output was a record at 5 981 oz.
Froneman said, at the time, that with the establishment of the first new panels in the number-two raise line, at Modder East, the company was positioned to continue its planned ramp-up to meet the production guidance of 25 000 oz for the third quarter, and between 85 000 oz and 100 000 oz for the year.
Quelle: http://www.miningweekly.com/article/gold-one-narrows-loss-as…
Im laufenden Quartal soll also die Produktion verdoppelt werden. Was das bei dem aktuellen Goldpreis heißt, kann sich jeder selbst ausmalen.
Spätestens Anfang nächsten Jahres dürfte Gold One dann ein positives Ergebnis ausweisen.
Das sollte dem bislang schwächelnden Kurs endlich Beine machen.
Spätestens Anfang nächsten Jahres dürfte Gold One dann ein positives Ergebnis ausweisen.
Das sollte dem bislang schwächelnden Kurs endlich Beine machen.
Antwort auf Beitrag Nr.: 40.268.062 von eisenfaust1940 am 05.10.10 17:57:42keine Frage, die Kursentwicklung ist bislang mehr als enttäuschend; umso mehr, wenn man sich ansieht, wie stark andere Goldminenwerte gestiegen sind. Selbst die letzten Klitschen haben hier teilweise die Nase vorn. Sofern die operativen Ziele (150.000 oz zu operativen Kursen unter 400 Dollar) erreicht werden, sehe ich indes 2011 sehr gute Chancen für deutlich höhere Kurse. Ein Unsicherheitsfaktor, und das könnte auch ein Grund für die anhaltende Kursschwäche sein, ist hierbei die Gestaltung des erforderlichen Hedging (wieviele oz? zu welchem Preis? über welchen Zeitraum?)
Antwort auf Beitrag Nr.: 40.269.079 von MFC500 am 05.10.10 19:59:36MFC
wie überhaupt die Australien-Werte deutlich zurückbleiben.Warum ist das so???
Wenn ich eine Tribune sehe.. die dürfte in Can 3x soviel kosten und wäre nicht überbewertet...
wie überhaupt die Australien-Werte deutlich zurückbleiben.Warum ist das so???
Wenn ich eine Tribune sehe.. die dürfte in Can 3x soviel kosten und wäre nicht überbewertet...
Antwort auf Beitrag Nr.: 40.269.223 von Timesystem1002 am 05.10.10 20:18:22Warum ist das so???
Das wahrscheinlich nie zu lösende Mysterium der austr. Börse
Das wahrscheinlich nie zu lösende Mysterium der austr. Börse
07.10.10
Gold One receives credit approval for US$65 million loan
Gold One has received credit approval from two leading international banks – Absa Capital (a division of Absa Bank Limited) and BNP Paribas – for a US$65 million loan facility.
Gold One believes a debt facility is the most effective form of refinancing the company’s convertible bonds and that it presents the best bond refinancing option for existing shareholders. The loan will ensure Gold One has the capacity to refinance all of its convertible bonds in December 2010, should its bondholders exercise their once-off put option.
The facility has a maximum term of four-and-a-half-years with interest and capital payments only commencing in June 2011. Capital payments will be structured to take into account the ramp up of production at Modder East. The facility will bear interest at a market related rate based on USD London Interbank Offered Rate (‘LIBOR’), which is currently 0.3%. Gold One will enter into a hedging program typical for a facility of this nature.
The advance of the facility is subject to conclusion of legal documentation and the fulfillment of certain conditions precedent. Key outstanding conditions precedent include: the amendment of and obtaining of consent for the cession of several agreements of the Modder East mine; the obtaining of certain additional insurances commonly required for a project finance facility; and exchange control approval from the South African Reserve Bank for a US dollar denominated loan.
Gold One President and Chief Executive Officer Neal Froneman comments: “I am delighted that we have reached this definitive stage, providing much needed certainty around the refinancing of the convertible bonds. We have always maintained that a pure debt facility is the most appropriate solution given the solid fundamentals of our flagship Modder East mine, which underpins the loan facility. Our next stage will be to ensure we receive a firm commitment from our bondholders as to what their intentions are, whereafter the company will be able to focus fully on strategic initiatives currently underway.”
http://www.asx.com.au/asxpdf/20101007/pdf/31sz9qx1zbftns.pdf
Gold One receives credit approval for US$65 million loan
Gold One has received credit approval from two leading international banks – Absa Capital (a division of Absa Bank Limited) and BNP Paribas – for a US$65 million loan facility.
Gold One believes a debt facility is the most effective form of refinancing the company’s convertible bonds and that it presents the best bond refinancing option for existing shareholders. The loan will ensure Gold One has the capacity to refinance all of its convertible bonds in December 2010, should its bondholders exercise their once-off put option.
The facility has a maximum term of four-and-a-half-years with interest and capital payments only commencing in June 2011. Capital payments will be structured to take into account the ramp up of production at Modder East. The facility will bear interest at a market related rate based on USD London Interbank Offered Rate (‘LIBOR’), which is currently 0.3%. Gold One will enter into a hedging program typical for a facility of this nature.
The advance of the facility is subject to conclusion of legal documentation and the fulfillment of certain conditions precedent. Key outstanding conditions precedent include: the amendment of and obtaining of consent for the cession of several agreements of the Modder East mine; the obtaining of certain additional insurances commonly required for a project finance facility; and exchange control approval from the South African Reserve Bank for a US dollar denominated loan.
Gold One President and Chief Executive Officer Neal Froneman comments: “I am delighted that we have reached this definitive stage, providing much needed certainty around the refinancing of the convertible bonds. We have always maintained that a pure debt facility is the most appropriate solution given the solid fundamentals of our flagship Modder East mine, which underpins the loan facility. Our next stage will be to ensure we receive a firm commitment from our bondholders as to what their intentions are, whereafter the company will be able to focus fully on strategic initiatives currently underway.”
http://www.asx.com.au/asxpdf/20101007/pdf/31sz9qx1zbftns.pdf
11.10.10
- Record production for Gold One
- Gold One resources increase to 20 million ounces
Gold One announce that gold production for the September 2010 quarter amounts to 19,470 ounces – a 58% increase relative to the June 2010 quarter total of 12,287 ounces. Gold production for the September quarter is in line with guidance provided of between 18,000 and 20,000 ounces.
The build-up in production levels at Modder East continues to steadily increase. September was another record month with group monthly gold production of 7,482 ounces, which amounts to an annualised production rate of approximately 90,000 ounces. Recovered grades at Modder East increased from 6.44 g/t in the June quarter to 6.78 g/t in the September quarter, while metallurgical recoveries were maintained at 96%.
Gold production for the December 2010 quarter is expected to reflect further increases as additional mining panels become available and associated volume throughput steadily increases. Operational and financial details for the September quarter will be provided in the quarterly report, to be released toward the end of October 2010. The quarterly report will also provide production guidance for the December quarter.
weiter: http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=5088…
- Record production for Gold One
- Gold One resources increase to 20 million ounces
Gold One announce that gold production for the September 2010 quarter amounts to 19,470 ounces – a 58% increase relative to the June 2010 quarter total of 12,287 ounces. Gold production for the September quarter is in line with guidance provided of between 18,000 and 20,000 ounces.
The build-up in production levels at Modder East continues to steadily increase. September was another record month with group monthly gold production of 7,482 ounces, which amounts to an annualised production rate of approximately 90,000 ounces. Recovered grades at Modder East increased from 6.44 g/t in the June quarter to 6.78 g/t in the September quarter, while metallurgical recoveries were maintained at 96%.
Gold production for the December 2010 quarter is expected to reflect further increases as additional mining panels become available and associated volume throughput steadily increases. Operational and financial details for the September quarter will be provided in the quarterly report, to be released toward the end of October 2010. The quarterly report will also provide production guidance for the December quarter.
weiter: http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=5088…
Hört sich doch gut an:
Monday, October 11, 2010
Gold One International gold resource base tops 20m ounces, hits record production
by Proactive Investors
Record gold production of 19,470 ounces for the September 2010 quarter was produced by Gold One International (ASX and JSE: GDO) at Modder East mine near Johannesburg, a 58% increase over the June quarter, and at the higher end of the 18,000 to 20,000 range provided in guidance.
Production levels are continuing to ramp-up, with the month of September producing 7,482 ounces, a monthly record, which would provide a theoretical annual production rate of around 90,000 ounces.
Gold One said production for the December 2010 quarter is expected to reflect further increases, as additional mining panels become available and associated volume throughput increases.
At Gold One it’s not just production on the rise, with the total resource base increasing to 20.4 million ounces.
http://www.proactiveinvestors.com.au/companies/news/10681/go…
Of most importance, 7.1 million ounces of the resource base is indicated, with 13.3 million ounces inferred.
Neal Froneman, chief executive officer, said, "I am excited about how our projects have advanced over the past 12 months and combined with the continued build up in production at Modder East, the company is well positioned to enhance value for our shareholders both through cash flow generation and continued growth by turning our projects to account.”
Gold One's Megamine portfolio includes several well known mining areas including the existing Sub Nigel mine and the Vlakfontein, West Vlakfontein and Spaarwater prospecting areas, with the mine resource upgraded to include an indicated resource of 3 million ounces, with inferred 9.6 million ounces, (included in Gold One’s 20.4 million ounces).
The upgraded resource will form the basis of an economic scoping study on Megamine, which Gold One said will consider the opportunities of using existing shaft infrastructure to access the shallower BPM and UK9a orebodies, while simultaneously considering new and efficient infrastructure for the main reef.
Surface exploration drilling will commence during 2011, with the company's goal to enhance and upgrade the existing resource.
Monday, October 11, 2010
Gold One International gold resource base tops 20m ounces, hits record production
by Proactive Investors
Record gold production of 19,470 ounces for the September 2010 quarter was produced by Gold One International (ASX and JSE: GDO) at Modder East mine near Johannesburg, a 58% increase over the June quarter, and at the higher end of the 18,000 to 20,000 range provided in guidance.
Production levels are continuing to ramp-up, with the month of September producing 7,482 ounces, a monthly record, which would provide a theoretical annual production rate of around 90,000 ounces.
Gold One said production for the December 2010 quarter is expected to reflect further increases, as additional mining panels become available and associated volume throughput increases.
At Gold One it’s not just production on the rise, with the total resource base increasing to 20.4 million ounces.
http://www.proactiveinvestors.com.au/companies/news/10681/go…
Of most importance, 7.1 million ounces of the resource base is indicated, with 13.3 million ounces inferred.
Neal Froneman, chief executive officer, said, "I am excited about how our projects have advanced over the past 12 months and combined with the continued build up in production at Modder East, the company is well positioned to enhance value for our shareholders both through cash flow generation and continued growth by turning our projects to account.”
Gold One's Megamine portfolio includes several well known mining areas including the existing Sub Nigel mine and the Vlakfontein, West Vlakfontein and Spaarwater prospecting areas, with the mine resource upgraded to include an indicated resource of 3 million ounces, with inferred 9.6 million ounces, (included in Gold One’s 20.4 million ounces).
The upgraded resource will form the basis of an economic scoping study on Megamine, which Gold One said will consider the opportunities of using existing shaft infrastructure to access the shallower BPM and UK9a orebodies, while simultaneously considering new and efficient infrastructure for the main reef.
Surface exploration drilling will commence during 2011, with the company's goal to enhance and upgrade the existing resource.
Und hier nochmal etwas ausführlicher:
GDO
GDO - Gold One International Limited - Record production for Gold One - Gold
One resources increase to 20 million ounces
Gold One International Limited
Registered in Western Australia under the Corporations Act, 2001 (Cth)
Registration number ACN: 094 265 746
Registered as an external company in the Republic of South Africa
Registration number: 2009/000032/10
Share code on the ASX/JSE: GDO
OTCQX International: GLDZY
ISIN: AU000000GDO5
("Gold One" or the "company")
RECORD PRODUCTION FOR GOLD ONE - GOLD ONE RESOURCES INCREASE TO 20 MILLION
OUNCES
Gold One is pleased to announce that gold production for the September 2010
quarter amounts to 19,470 ounces - a 58% increase relative to the June 2010
quarter total of 12,287 ounces. Gold production for the September quarter is
in line with guidance provided of between 18,000 and 20,000 ounces.
The build-up in production levels at Modder East continues to steadily
increase. September was another record month with group monthly gold
production of 7,482 ounces, which amounts to an annualised production rate of
approximately 90,000 ounces. Recovered grades at Modder East increased from
6.44 g/t in the June quarter to 6.78 g/t in the September quarter, while
metallurgical recoveries were maintained at 96%.
Gold production for the December 2010 quarter is expected to reflect further
increases as additional mining panels become available and associated volume
throughput steadily increases. Operational and financial details for the
September quarter will be provided in the quarterly report, to be released
toward the end of October 2010. The quarterly report will also provide
production guidance for the December quarter.
Megamine's resources upgrade
The company is pleased to also announce a 115% increase in the audited
resources of its Megamine assets. The indicated resources have increased from
0.31-million ounces (2.98-million tonnes at 3.21 g/t), to 3.02-million ounces
(21.55-million tonnes at 4.36 g/t). Inferred resources have increased from
5.58-million ounces (50.64-million tonnes at 3.46 g/t) to 9.63-million ounces
(64.62-million tonnes at 4.64 g/t). Resources are determined and quoted in
accordance with the South African Code for Reporting of Mineral Resources and
Mineral Reserves (SAMREC) and would not be materially different if quoted in
accordance with the Australasian Code for Reporting of Exploration Results,
Mineral Resources and Ore Reserves (JORC). The detailed resource declaration
is contained in the table below. Megamine, located east of Johannesburg,
comprises Gold One's operating Sub Nigel mine and the Vlakfontein, West
Vlakfontein and Spaarwater prospecting areas, totalling 16,056 hectares. The
majority of the Megamine resource (83%) comprises the Main Reef, estimated to
a maximum depth of approximately 2,500 metres below surface, while the balance
includes the Big Pebble Marker Reef (BPM), estimated between depths of
approximately 500 metres and 1,200 metres, below surface.
Following the Megamine resources upgrade, Gold One's total resource base has
increased to 20.42-million ounces, including 7.08-million ounces in the
indicated category (59.11-million tonnes at 3.73 g/t) and 13.34-million ounces
(97.34-million tonnes at 4.26 g/t) in the inferred category.
The substantial increase in the Megamine resource base is the result of
intensive desktop studies, which were completed over the past year. Together
with the company's geological advisers, Shango Solutions (Pty) Ltd, Gold One
has collected, collated and verified a significant historical database
inclusive of data from Gold Fields Limited, a previous owner of the largest
portion of Megamine. This database comprises approximately 150,000 data
points including, but not exclusively, 41,000 reef elevation co-ordinates,
97,000 underground reef samples and 125 exploration boreholes. This
additional information has facilitated the creation of a regional 3D
geological model as well as confident sedimentological and grade distribution
models, all of which have underpinned the updated resource estimate.
Gold One President and CEO Neal Froneman commented, "I am delighted with our
continued growth in gold output and the substantial increase in the Gold One
resource base. Both of these achievements provide an excellent foundation for
Gold One to now progress the Megamine strategy of creating value for our
shareholders, without detracting from Gold One's shallow depth focus."
Tonnes Grade Gold
Content
(Mt) (g/t) (Moz)
Indicated Sub Nigel: Main Reef1 2.91 3.25 0.30
West Vlakfontein/Spaarwater: 18.64 4.53 2.71
Main Reef2
Total Indicated3: 21.55 4.36 3.02
Inferred Sub Nigel: Main Reef1 1.64 4.39 0.23
West Vlakfontein/Spaarwater: 47.42 4.77 7.28
Main Reef2
West Vlakfontein/Vlakfontein: 15.56 4.25 2.12
Big Pebble Marker2
Total Inferred3: 64.62 4.64 9.63
Total Indicated and Inferred3: 86.17 4.57 12.65
1 Signed-off by Minxcon, independent resource consultants to Gold One
Audited by SRK Consulting
Depletion undertaken by Gold One
Quoted at a cut-off of 160 cmg/t
2 Signed-off by Dr I.C. Lemmer, independent resource consultant to Gold
One
Audited by SRK Consulting
Quoted at a cut-off of 250 cmg/t
3 Total resources may not appear additive due to rounding
The Main Reef has been extensively mined throughout the East Rand Goldfield
and is currently being extracted at Gold One's Sub Nigel operation. The
defined Main Reef resources represent the strike and down-dip extensions to
the previously mined Vlakfontein and Sub Nigel operations to a depth of
approximately 2,500 metres below surface. The BPM, part of the Kimberley Reef
Horizons, has been mined previously in other parts of the Witwatersrand Basin
but not in the East Rand. These resources have been defined on the basis of
surface exploration boreholes only and occur at depths between 500 metres and
1,200 metres below surface. The extension of the BPM resource is projected to
surface within the Megamine prospecting and mining area and represents a
substantial exploration target. In addition to the Main Reef and BPM, the
UK9a Reef (occurring some 30 metres above the BPM), which has been mined
extensively in the eastern portions of the East Rand, has also been modelled
and recognised as a significant exploration target. This exploration target
occurs from surface level to depths of 1,000 metres.
The upgraded resource will form the basis of an economic scoping study on
Megamine. This study will consider the opportunities of using existing shaft
infrastructure to access the shallower BPM and UK9a orebodies, while
simultaneously considering new and efficient infrastructure for the Main Reef.
Surface exploration drilling, intended to enhance and upgrade the existing
resource, is planned to commence during 2011. Gold One is confident that it
has created both sufficient value and critical mass, allowing the company to
spin these assets out in a manner that will attain its strategic initiatives
and provide maximum benefit to current Gold One shareholders.
Group resources and reserves
As reported in the June quarterly report, a surface exploration drilling
programme was undertaken at Modder East to refine the shoreline position in
areas planned to be mined during 2011 and 2012. The initial drill programme
considered three surface exploration boreholes, all of which successfully
intersected BPLZ Facies of the Black Reef, and was completed during August
2010. Mineral resources and accompanying ore reserves for Modder East are
currently being updated on the basis of this new information and will be
completed and disclosed during the fourth quarter of 2010. The three surface
exploration boreholes have indicated an extension to the high grade Black Reef
shoreline in the eastern portions of Modder East. A second phase of drilling
has commenced since to further define this shoreline extension, details of
which will be provided in the September quarterly report.
Mineral Resources at the company's Ventersburg project have also been updated
in line with the results from the 2010 surface exploration drill programme.
These updated resources are currently under review by an independent party,
SRK Consulting, and will be published during the fourth quarter of 2010. The
upgraded resources will also underpin the pre-feasibility study currently
being undertaken at Ventersburg by Turgis Consulting.
Gold One has concluded an underground re-sampling programme at its East Rand
Boundary Project, which considers the shallow (less than 500 metres below
surface) portions and extensions of the historically mined Main Reef on the
New Kleinfontein, Turnbridge and Modder North properties. The purpose of this
exploration programme was to verify historical underground sampling values.
The results are being incorporated into updated geological models and will be
used to enhance existing resources anticipated to be completed during the
fourth quarter of 2010.
Froneman commented "I am excited about how our projects have advanced over the
past 12 months and combined with the continued build up in production at
Modder East, the company is well positioned to enhance value for our
shareholders both through cash flow generation and continued growth by turning
our projects to account."
Parktown, Johannesburg
11 October 2010
MACQUARIE FIRST SOUTH ADVISERS (PTY) LIMITED
JSE Sponsor
Issued by Gold One International Limited
Website: www.gold1.co.za
For further information contact:
Neal Froneman Ilja Graulich
President and CEO Investor Relations
+27 11 726 1047 (office) +27 11 726 1047 (office)
+27 83 628 0226 (mobile) +27 83 604 0820 (mobile)
neal.froneman@gold1.co.za ilja.graulich@gold1.co.za
Carol Smith Derek Besier
Investor Relations Farrington National Sydney
+27 11 726 1047 (office) +61 2 9332 4448 (office)
+27 82 338 2228 (mobile) +61 421 768 224 (mobile)
carol.smith@gold1.co.za derek.besier@farrington.com.au
About Gold One:
Gold One International Limited is a gold producer listed on the financial
markets operated by the Australian Securities Exchange (ASX) and the
Johannesburg Stock Exchange (JSE), issuer code GDO. Its flagship operation is
the newly built Modder East mine on the East Rand, some 30km from
Johannesburg. Modder East is the first new mine to be built in the region in
28 years and distinguishes itself from most other gold mines in South Africa
because of its shallow nature (300m to 500m below surface). To date the mine
has provided direct employment opportunities for over 1,000 people.
Gold One also owns the nearby existing Sub Nigel mine, which is used primarily
as a training centre in the build-up of the Modder East mine to full
production. Its other projects and targets include Ventersburg and
Bothaville, both of which are located in the Free State Goldfields, the Tulo
concession in Mozambique, and the Etendeka greenfield project in Namibia. Gold
One has an issued share capital of 806,268,333 shares.
This news release does not constitute investment advice. Neither this news
release nor the information contained in it constitutes an offer, invitation,
solicitation or recommendation in relation to the purchase or sale of
securities in any jurisdiction.
FORWARD-LOOKING STATEMENT:
This release includes certain forward-looking statements and forward-looking
information. All statements other than statements of historical fact included
in this release including, without limitation, statements regarding future
plans and objectives of Gold One International Limited are forward-looking
statements (or forward-looking information) that involve various risks,
assumptions and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual values, results and future events could
differ materially from those anticipated in such statements. Important factors
could cause actual results to differ materially from Gold One's expectations.
Such factors include, among others: the actual results of exploration
activities; actual results of reclamation activities; the estimation or
realisation of mineral reserves and resources; the timing and amount of
estimated future production; costs of production; capital expenditures; costs
and timing of the development of Modder East and new deposits; availability of
capital required to place Gold One's properties into production; the ability
to obtain or maintain a listing in South Africa, Australia, Europe or North
America; conclusions of economic evaluations; changes in project parameters as
plans continue to be refined; future prices of gold and other commodities;
possible variations in ore grade or recovery rates; failure of plant,
equipment or processes to operate as anticipated; accidents; labour disputes
and other risks of the mining industry; delays in obtaining governmental
approvals, permits or financing or in the completion of development or
construction activities, economic and financial market conditions; political
risks; Gold one's hedging practices; currency fluctuations; title disputes or
claims limitations on insurance coverage. Although Gold One has attempted to
identify important factors that could cause actual results to differ
materially, there may be other factors that cause results not to be as
anticipated, estimated or intended.
Any forward-looking statements in this release speak only at the time of
issue. There can be no assurance that such statements will prove to be
accurate as actual values, results and future events could differ materially
from those anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking statements. Gold One does not
undertake to update any forward-looking statements that are included herein,
or revise any changes in events, conditions or circumstances on which any such
statement is based, except in accordance with applicable securities laws and
stock exchange listing requirements.
COMPETENT PERSON
The information in this release that relates to exploration results, mineral
resources or ore reserves is based on information compiled by Dr Richard
Stewart, who has a doctorate in geology and who is a professional natural
scientist registered with the South African Council for Natural Scientific
Professions (SACNSP). Dr Stewart is also a member of the Geological Society of
South Africa (GSSA) and the vice president of geology for Gold One, with which
he is a full-time employee. He has 10 years' experience which is relevant to
the style of mineralisation and type of deposit under consideration, and to
the activity which he is undertaking, to qualify as a Competent Person for the
purposes of both the 2004 Edition of the Australasian Code for Reporting of
Exploration Results, Mineral Resources and Ore Reserves (JORC Code) and the
South African Code for Reporting of Exploration Results, Mineral Resources and
Mineral Reserves (SAMREC Code). Dr Stewart consents to the inclusion in this
release of the matters based on information compiled by Gold One employees and
it's consultants in the form and context in which they appear. Further
information on Gold One's resource statement is available in the pre-listing
statement of Gold One International Limited issued on 19 December 2008.
SAMREC AND JORC TERMINOLOGY
In addition, this release uses the terms `indicated resources' and `inferred
resources' as defined in accordance with the SAMREC Code, prepared by the
South African Mineral Resource Committee (SAMREC), under the auspices of the
South African Institute of Mining and Metallurgy (SAIMM), effective March 2000
or as amended from time to time and where indicated in accordance with the
Canadian National Instrument 43-101 - Standards for Disclosure for Mineral
Projects. The terms `indicated resources' and `inferred resources' are also
defined in the 2004 Edition of the JORC Code, prepared by the Joint Ore
Reserves Committee (JORC) of the Australasian Institute of Mining and
Metallurgy (AusIMM), the Australian Institute of Geoscientists (AIG) and the
Minerals Council of Australia (MCA). (The use of these terms in this release
is consistent with the definitions of both the SAMREC Code and the JORC Code.)
A mineral reserve (or `ore reserve' in the JORC Code) is the economically
mineable part of a measured or indicated resource demonstrated by at least a
preliminary feasibility study. This study must include adequate information on
mining, processing, metallurgical, economic and other relevant factors that
demonstrate at the time of reporting that economic extraction can be
justified. A mineral reserve includes diluting materials and allows for losses
that may occur when the material is mined. A proven mineral reserve (or
`proved ore reserve' in the JORC Code) is the economically mineable part of a
measured resource for which quantity, grade or quality, densities, shape and
physical characteristics are so well established that they can be estimated
with confidence sufficient to allow the appropriate application of technical
and economic parameters to support production planning and evaluation of the
economic viability of the deposit. A probable mineral reserve (or `probable
ore reserve' in the JORC Code) is the economically mineable part of an
indicated mineral resource for which quantity, grade or quality, densities,
shape and physical characteristics can be estimated with a level of confidence
sufficient to allow the appropriate application of technical and economic
parameters to support mine planning and evaluation of the economic viability
of the deposit.
A mineral resource is a concentration or occurrence of natural, solid,
inorganic or fossilised organic material in or on the earth's crust in such
form and quantity and of such a grade or quality that it has reasonable
prospects for economic extraction. The location, quantity, grade, geological
characteristics and continuity of a mineral resource are known, estimated or
interpreted from specific geological evidence and knowledge. A measured
mineral resource is that part of a mineral resource for which quantity, grade
or quality, densities, shape and physical characteristics can be estimated
with a level of confidence sufficient to allow the appropriate application of
technical and economic parameters to support mine planning and evaluation of
the economic viability of the deposit. The estimate is based on detailed and
reliable exploration, sampling and testing information gathered through
appropriate techniques from locations such as outcrops, trenches, pits,
workings and drillholes that are spaced closely enough to confirm both
geological and grade continuity. An indicated mineral resource is that part of
a mineral resource for which quantity, grade or quality, densities, shape and
physical characteristics can be estimated with a level of confidence
sufficient to allow the appropriate application of technical and economic
parameters to support mine planning and evaluation of the economic viability
of the deposit. The estimate is based on detailed and reliable exploration and
testing information gathered through appropriate techniques from locations
such as outcrops, trenches, pits, workings and drillholes that are spaced
closely enough for geological and grade continuity to be reasonably assumed.
An inferred mineral resource is that part of a mineral resource for which
quantity and grade or quality can be estimated on the basis of geological
evidence and limited sampling and reasonably assumed, but not verified,
geological and grade continuity. The estimate is based on limited exploration
and sampling gathered through appropriate techniques from locations such as
outcrops, trenches, pits, workings and drillholes. Mineral resources which are
not mineral reserves do not have demonstrated economic viability. Investors
are cautioned not to assume that all or any part of the mineral deposits in
the measured and indicated resource categories will ever be converted into
reserves. In addition, "inferred resources" have a great amount of uncertainty
as to their existence and economic and legal feasibility. It cannot be assumed
that all or any part of an inferred mineral resource will be ever be upgraded
to a higher category. Under South African and Australian rules, estimates of
inferred mineral resources may not form the basis of feasibility or pre-
feasibility studies or economic studies except under conditions noted in the
SAMREC Code and the JORC Code, respectively.
Investors are cautioned not to assume that all or any part of an inferred
resource exists or is economically or legally mineable. Exploration data is
acquired by Gold One and its consultants under strict quality assurance and
quality control protocols.
No stock exchange, securities commission or other regulatory authority has
approved or disapproved the information contained herein.
Date: 11/10/2010 07:05:04 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
http://www.fin24.com/News/SENS/?ArticleId=360850
GDO
GDO - Gold One International Limited - Record production for Gold One - Gold
One resources increase to 20 million ounces
Gold One International Limited
Registered in Western Australia under the Corporations Act, 2001 (Cth)
Registration number ACN: 094 265 746
Registered as an external company in the Republic of South Africa
Registration number: 2009/000032/10
Share code on the ASX/JSE: GDO
OTCQX International: GLDZY
ISIN: AU000000GDO5
("Gold One" or the "company")
RECORD PRODUCTION FOR GOLD ONE - GOLD ONE RESOURCES INCREASE TO 20 MILLION
OUNCES
Gold One is pleased to announce that gold production for the September 2010
quarter amounts to 19,470 ounces - a 58% increase relative to the June 2010
quarter total of 12,287 ounces. Gold production for the September quarter is
in line with guidance provided of between 18,000 and 20,000 ounces.
The build-up in production levels at Modder East continues to steadily
increase. September was another record month with group monthly gold
production of 7,482 ounces, which amounts to an annualised production rate of
approximately 90,000 ounces. Recovered grades at Modder East increased from
6.44 g/t in the June quarter to 6.78 g/t in the September quarter, while
metallurgical recoveries were maintained at 96%.
Gold production for the December 2010 quarter is expected to reflect further
increases as additional mining panels become available and associated volume
throughput steadily increases. Operational and financial details for the
September quarter will be provided in the quarterly report, to be released
toward the end of October 2010. The quarterly report will also provide
production guidance for the December quarter.
Megamine's resources upgrade
The company is pleased to also announce a 115% increase in the audited
resources of its Megamine assets. The indicated resources have increased from
0.31-million ounces (2.98-million tonnes at 3.21 g/t), to 3.02-million ounces
(21.55-million tonnes at 4.36 g/t). Inferred resources have increased from
5.58-million ounces (50.64-million tonnes at 3.46 g/t) to 9.63-million ounces
(64.62-million tonnes at 4.64 g/t). Resources are determined and quoted in
accordance with the South African Code for Reporting of Mineral Resources and
Mineral Reserves (SAMREC) and would not be materially different if quoted in
accordance with the Australasian Code for Reporting of Exploration Results,
Mineral Resources and Ore Reserves (JORC). The detailed resource declaration
is contained in the table below. Megamine, located east of Johannesburg,
comprises Gold One's operating Sub Nigel mine and the Vlakfontein, West
Vlakfontein and Spaarwater prospecting areas, totalling 16,056 hectares. The
majority of the Megamine resource (83%) comprises the Main Reef, estimated to
a maximum depth of approximately 2,500 metres below surface, while the balance
includes the Big Pebble Marker Reef (BPM), estimated between depths of
approximately 500 metres and 1,200 metres, below surface.
Following the Megamine resources upgrade, Gold One's total resource base has
increased to 20.42-million ounces, including 7.08-million ounces in the
indicated category (59.11-million tonnes at 3.73 g/t) and 13.34-million ounces
(97.34-million tonnes at 4.26 g/t) in the inferred category.
The substantial increase in the Megamine resource base is the result of
intensive desktop studies, which were completed over the past year. Together
with the company's geological advisers, Shango Solutions (Pty) Ltd, Gold One
has collected, collated and verified a significant historical database
inclusive of data from Gold Fields Limited, a previous owner of the largest
portion of Megamine. This database comprises approximately 150,000 data
points including, but not exclusively, 41,000 reef elevation co-ordinates,
97,000 underground reef samples and 125 exploration boreholes. This
additional information has facilitated the creation of a regional 3D
geological model as well as confident sedimentological and grade distribution
models, all of which have underpinned the updated resource estimate.
Gold One President and CEO Neal Froneman commented, "I am delighted with our
continued growth in gold output and the substantial increase in the Gold One
resource base. Both of these achievements provide an excellent foundation for
Gold One to now progress the Megamine strategy of creating value for our
shareholders, without detracting from Gold One's shallow depth focus."
Tonnes Grade Gold
Content
(Mt) (g/t) (Moz)
Indicated Sub Nigel: Main Reef1 2.91 3.25 0.30
West Vlakfontein/Spaarwater: 18.64 4.53 2.71
Main Reef2
Total Indicated3: 21.55 4.36 3.02
Inferred Sub Nigel: Main Reef1 1.64 4.39 0.23
West Vlakfontein/Spaarwater: 47.42 4.77 7.28
Main Reef2
West Vlakfontein/Vlakfontein: 15.56 4.25 2.12
Big Pebble Marker2
Total Inferred3: 64.62 4.64 9.63
Total Indicated and Inferred3: 86.17 4.57 12.65
1 Signed-off by Minxcon, independent resource consultants to Gold One
Audited by SRK Consulting
Depletion undertaken by Gold One
Quoted at a cut-off of 160 cmg/t
2 Signed-off by Dr I.C. Lemmer, independent resource consultant to Gold
One
Audited by SRK Consulting
Quoted at a cut-off of 250 cmg/t
3 Total resources may not appear additive due to rounding
The Main Reef has been extensively mined throughout the East Rand Goldfield
and is currently being extracted at Gold One's Sub Nigel operation. The
defined Main Reef resources represent the strike and down-dip extensions to
the previously mined Vlakfontein and Sub Nigel operations to a depth of
approximately 2,500 metres below surface. The BPM, part of the Kimberley Reef
Horizons, has been mined previously in other parts of the Witwatersrand Basin
but not in the East Rand. These resources have been defined on the basis of
surface exploration boreholes only and occur at depths between 500 metres and
1,200 metres below surface. The extension of the BPM resource is projected to
surface within the Megamine prospecting and mining area and represents a
substantial exploration target. In addition to the Main Reef and BPM, the
UK9a Reef (occurring some 30 metres above the BPM), which has been mined
extensively in the eastern portions of the East Rand, has also been modelled
and recognised as a significant exploration target. This exploration target
occurs from surface level to depths of 1,000 metres.
The upgraded resource will form the basis of an economic scoping study on
Megamine. This study will consider the opportunities of using existing shaft
infrastructure to access the shallower BPM and UK9a orebodies, while
simultaneously considering new and efficient infrastructure for the Main Reef.
Surface exploration drilling, intended to enhance and upgrade the existing
resource, is planned to commence during 2011. Gold One is confident that it
has created both sufficient value and critical mass, allowing the company to
spin these assets out in a manner that will attain its strategic initiatives
and provide maximum benefit to current Gold One shareholders.
Group resources and reserves
As reported in the June quarterly report, a surface exploration drilling
programme was undertaken at Modder East to refine the shoreline position in
areas planned to be mined during 2011 and 2012. The initial drill programme
considered three surface exploration boreholes, all of which successfully
intersected BPLZ Facies of the Black Reef, and was completed during August
2010. Mineral resources and accompanying ore reserves for Modder East are
currently being updated on the basis of this new information and will be
completed and disclosed during the fourth quarter of 2010. The three surface
exploration boreholes have indicated an extension to the high grade Black Reef
shoreline in the eastern portions of Modder East. A second phase of drilling
has commenced since to further define this shoreline extension, details of
which will be provided in the September quarterly report.
Mineral Resources at the company's Ventersburg project have also been updated
in line with the results from the 2010 surface exploration drill programme.
These updated resources are currently under review by an independent party,
SRK Consulting, and will be published during the fourth quarter of 2010. The
upgraded resources will also underpin the pre-feasibility study currently
being undertaken at Ventersburg by Turgis Consulting.
Gold One has concluded an underground re-sampling programme at its East Rand
Boundary Project, which considers the shallow (less than 500 metres below
surface) portions and extensions of the historically mined Main Reef on the
New Kleinfontein, Turnbridge and Modder North properties. The purpose of this
exploration programme was to verify historical underground sampling values.
The results are being incorporated into updated geological models and will be
used to enhance existing resources anticipated to be completed during the
fourth quarter of 2010.
Froneman commented "I am excited about how our projects have advanced over the
past 12 months and combined with the continued build up in production at
Modder East, the company is well positioned to enhance value for our
shareholders both through cash flow generation and continued growth by turning
our projects to account."
Parktown, Johannesburg
11 October 2010
MACQUARIE FIRST SOUTH ADVISERS (PTY) LIMITED
JSE Sponsor
Issued by Gold One International Limited
Website: www.gold1.co.za
For further information contact:
Neal Froneman Ilja Graulich
President and CEO Investor Relations
+27 11 726 1047 (office) +27 11 726 1047 (office)
+27 83 628 0226 (mobile) +27 83 604 0820 (mobile)
neal.froneman@gold1.co.za ilja.graulich@gold1.co.za
Carol Smith Derek Besier
Investor Relations Farrington National Sydney
+27 11 726 1047 (office) +61 2 9332 4448 (office)
+27 82 338 2228 (mobile) +61 421 768 224 (mobile)
carol.smith@gold1.co.za derek.besier@farrington.com.au
About Gold One:
Gold One International Limited is a gold producer listed on the financial
markets operated by the Australian Securities Exchange (ASX) and the
Johannesburg Stock Exchange (JSE), issuer code GDO. Its flagship operation is
the newly built Modder East mine on the East Rand, some 30km from
Johannesburg. Modder East is the first new mine to be built in the region in
28 years and distinguishes itself from most other gold mines in South Africa
because of its shallow nature (300m to 500m below surface). To date the mine
has provided direct employment opportunities for over 1,000 people.
Gold One also owns the nearby existing Sub Nigel mine, which is used primarily
as a training centre in the build-up of the Modder East mine to full
production. Its other projects and targets include Ventersburg and
Bothaville, both of which are located in the Free State Goldfields, the Tulo
concession in Mozambique, and the Etendeka greenfield project in Namibia. Gold
One has an issued share capital of 806,268,333 shares.
This news release does not constitute investment advice. Neither this news
release nor the information contained in it constitutes an offer, invitation,
solicitation or recommendation in relation to the purchase or sale of
securities in any jurisdiction.
FORWARD-LOOKING STATEMENT:
This release includes certain forward-looking statements and forward-looking
information. All statements other than statements of historical fact included
in this release including, without limitation, statements regarding future
plans and objectives of Gold One International Limited are forward-looking
statements (or forward-looking information) that involve various risks,
assumptions and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual values, results and future events could
differ materially from those anticipated in such statements. Important factors
could cause actual results to differ materially from Gold One's expectations.
Such factors include, among others: the actual results of exploration
activities; actual results of reclamation activities; the estimation or
realisation of mineral reserves and resources; the timing and amount of
estimated future production; costs of production; capital expenditures; costs
and timing of the development of Modder East and new deposits; availability of
capital required to place Gold One's properties into production; the ability
to obtain or maintain a listing in South Africa, Australia, Europe or North
America; conclusions of economic evaluations; changes in project parameters as
plans continue to be refined; future prices of gold and other commodities;
possible variations in ore grade or recovery rates; failure of plant,
equipment or processes to operate as anticipated; accidents; labour disputes
and other risks of the mining industry; delays in obtaining governmental
approvals, permits or financing or in the completion of development or
construction activities, economic and financial market conditions; political
risks; Gold one's hedging practices; currency fluctuations; title disputes or
claims limitations on insurance coverage. Although Gold One has attempted to
identify important factors that could cause actual results to differ
materially, there may be other factors that cause results not to be as
anticipated, estimated or intended.
Any forward-looking statements in this release speak only at the time of
issue. There can be no assurance that such statements will prove to be
accurate as actual values, results and future events could differ materially
from those anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking statements. Gold One does not
undertake to update any forward-looking statements that are included herein,
or revise any changes in events, conditions or circumstances on which any such
statement is based, except in accordance with applicable securities laws and
stock exchange listing requirements.
COMPETENT PERSON
The information in this release that relates to exploration results, mineral
resources or ore reserves is based on information compiled by Dr Richard
Stewart, who has a doctorate in geology and who is a professional natural
scientist registered with the South African Council for Natural Scientific
Professions (SACNSP). Dr Stewart is also a member of the Geological Society of
South Africa (GSSA) and the vice president of geology for Gold One, with which
he is a full-time employee. He has 10 years' experience which is relevant to
the style of mineralisation and type of deposit under consideration, and to
the activity which he is undertaking, to qualify as a Competent Person for the
purposes of both the 2004 Edition of the Australasian Code for Reporting of
Exploration Results, Mineral Resources and Ore Reserves (JORC Code) and the
South African Code for Reporting of Exploration Results, Mineral Resources and
Mineral Reserves (SAMREC Code). Dr Stewart consents to the inclusion in this
release of the matters based on information compiled by Gold One employees and
it's consultants in the form and context in which they appear. Further
information on Gold One's resource statement is available in the pre-listing
statement of Gold One International Limited issued on 19 December 2008.
SAMREC AND JORC TERMINOLOGY
In addition, this release uses the terms `indicated resources' and `inferred
resources' as defined in accordance with the SAMREC Code, prepared by the
South African Mineral Resource Committee (SAMREC), under the auspices of the
South African Institute of Mining and Metallurgy (SAIMM), effective March 2000
or as amended from time to time and where indicated in accordance with the
Canadian National Instrument 43-101 - Standards for Disclosure for Mineral
Projects. The terms `indicated resources' and `inferred resources' are also
defined in the 2004 Edition of the JORC Code, prepared by the Joint Ore
Reserves Committee (JORC) of the Australasian Institute of Mining and
Metallurgy (AusIMM), the Australian Institute of Geoscientists (AIG) and the
Minerals Council of Australia (MCA). (The use of these terms in this release
is consistent with the definitions of both the SAMREC Code and the JORC Code.)
A mineral reserve (or `ore reserve' in the JORC Code) is the economically
mineable part of a measured or indicated resource demonstrated by at least a
preliminary feasibility study. This study must include adequate information on
mining, processing, metallurgical, economic and other relevant factors that
demonstrate at the time of reporting that economic extraction can be
justified. A mineral reserve includes diluting materials and allows for losses
that may occur when the material is mined. A proven mineral reserve (or
`proved ore reserve' in the JORC Code) is the economically mineable part of a
measured resource for which quantity, grade or quality, densities, shape and
physical characteristics are so well established that they can be estimated
with confidence sufficient to allow the appropriate application of technical
and economic parameters to support production planning and evaluation of the
economic viability of the deposit. A probable mineral reserve (or `probable
ore reserve' in the JORC Code) is the economically mineable part of an
indicated mineral resource for which quantity, grade or quality, densities,
shape and physical characteristics can be estimated with a level of confidence
sufficient to allow the appropriate application of technical and economic
parameters to support mine planning and evaluation of the economic viability
of the deposit.
A mineral resource is a concentration or occurrence of natural, solid,
inorganic or fossilised organic material in or on the earth's crust in such
form and quantity and of such a grade or quality that it has reasonable
prospects for economic extraction. The location, quantity, grade, geological
characteristics and continuity of a mineral resource are known, estimated or
interpreted from specific geological evidence and knowledge. A measured
mineral resource is that part of a mineral resource for which quantity, grade
or quality, densities, shape and physical characteristics can be estimated
with a level of confidence sufficient to allow the appropriate application of
technical and economic parameters to support mine planning and evaluation of
the economic viability of the deposit. The estimate is based on detailed and
reliable exploration, sampling and testing information gathered through
appropriate techniques from locations such as outcrops, trenches, pits,
workings and drillholes that are spaced closely enough to confirm both
geological and grade continuity. An indicated mineral resource is that part of
a mineral resource for which quantity, grade or quality, densities, shape and
physical characteristics can be estimated with a level of confidence
sufficient to allow the appropriate application of technical and economic
parameters to support mine planning and evaluation of the economic viability
of the deposit. The estimate is based on detailed and reliable exploration and
testing information gathered through appropriate techniques from locations
such as outcrops, trenches, pits, workings and drillholes that are spaced
closely enough for geological and grade continuity to be reasonably assumed.
An inferred mineral resource is that part of a mineral resource for which
quantity and grade or quality can be estimated on the basis of geological
evidence and limited sampling and reasonably assumed, but not verified,
geological and grade continuity. The estimate is based on limited exploration
and sampling gathered through appropriate techniques from locations such as
outcrops, trenches, pits, workings and drillholes. Mineral resources which are
not mineral reserves do not have demonstrated economic viability. Investors
are cautioned not to assume that all or any part of the mineral deposits in
the measured and indicated resource categories will ever be converted into
reserves. In addition, "inferred resources" have a great amount of uncertainty
as to their existence and economic and legal feasibility. It cannot be assumed
that all or any part of an inferred mineral resource will be ever be upgraded
to a higher category. Under South African and Australian rules, estimates of
inferred mineral resources may not form the basis of feasibility or pre-
feasibility studies or economic studies except under conditions noted in the
SAMREC Code and the JORC Code, respectively.
Investors are cautioned not to assume that all or any part of an inferred
resource exists or is economically or legally mineable. Exploration data is
acquired by Gold One and its consultants under strict quality assurance and
quality control protocols.
No stock exchange, securities commission or other regulatory authority has
approved or disapproved the information contained herein.
Date: 11/10/2010 07:05:04 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
http://www.fin24.com/News/SENS/?ArticleId=360850
Einfach liegen lassen und in einem halben Jahr nochmal reinschauen und freuen
Gold One output up 58%, resource tops 20Moz
By: Chanel de Bruyn
11th October 2010
Updated 2 hours 4 minutes agoTEXT SIZE JOHANNESBURG (miningweekly.com) – JSE- and ASX-listed junior miner Gold One raised its gold output in the third quarter of the year to 19 470 oz, up 58% on the 12 287 oz of gold produced in the second quarter of the year.
This was in line with the company’s expectations of producing between 18 000 oz and 20 000 oz of gold in the quarter ended September 30, 2010.
The company, which is led by CEO Neal Froneman, further noted production levels had amounted to a record 7 482 oz of gold in the month of September.
As more mining panels become available in the last quarter of the year, Gold One expected output levels to increase further in the last three months of 2010.
Meanwhile, the company announced that it had also increased its overall resource to 20,4-million ounces of gold.
The resource at its Megamine assets, which was located in the east of Johannesburg and which comprised the operating Sub Nigel mine, as well as the Vlakfontein, West Vlakfontein and Spaarwater prospecting areas, has increased by 115%.
The indicated resource rose to 3,02-million ounces, compared with the previous estimations of 310 000 oz of gold, while the inferred resource increased to 9,63-million ounces, up from the previously anticipated 5,58-million ounces.
“I am delighted with our continued growth in gold output and the substantial increase in the Gold One resource base. Both of these achievements provide an excellent foundation for Gold One to now progress the Megamine strategy of creating value for our shareholders, without detracting from Gold One’s shallow depth focus,” Froneman commented in a statement to shareholders on Monday.
The company plans to spin off the Megamine project. Froneman previously said that it was looking at listing the project on the JSE.
http://www.miningweekly.com/article/gold-one-output-up-58-me…
Gold One output up 58%, resource tops 20Moz
By: Chanel de Bruyn
11th October 2010
Updated 2 hours 4 minutes agoTEXT SIZE JOHANNESBURG (miningweekly.com) – JSE- and ASX-listed junior miner Gold One raised its gold output in the third quarter of the year to 19 470 oz, up 58% on the 12 287 oz of gold produced in the second quarter of the year.
This was in line with the company’s expectations of producing between 18 000 oz and 20 000 oz of gold in the quarter ended September 30, 2010.
The company, which is led by CEO Neal Froneman, further noted production levels had amounted to a record 7 482 oz of gold in the month of September.
As more mining panels become available in the last quarter of the year, Gold One expected output levels to increase further in the last three months of 2010.
Meanwhile, the company announced that it had also increased its overall resource to 20,4-million ounces of gold.
The resource at its Megamine assets, which was located in the east of Johannesburg and which comprised the operating Sub Nigel mine, as well as the Vlakfontein, West Vlakfontein and Spaarwater prospecting areas, has increased by 115%.
The indicated resource rose to 3,02-million ounces, compared with the previous estimations of 310 000 oz of gold, while the inferred resource increased to 9,63-million ounces, up from the previously anticipated 5,58-million ounces.
“I am delighted with our continued growth in gold output and the substantial increase in the Gold One resource base. Both of these achievements provide an excellent foundation for Gold One to now progress the Megamine strategy of creating value for our shareholders, without detracting from Gold One’s shallow depth focus,” Froneman commented in a statement to shareholders on Monday.
The company plans to spin off the Megamine project. Froneman previously said that it was looking at listing the project on the JSE.
http://www.miningweekly.com/article/gold-one-output-up-58-me…
Gold One to create Goliath Gold
http://www.asx.com.au/asxpdf/20101013/pdf/31t311q9316832.pdf
Presentation - Goliath Gold
http://www.asx.com.au/asxpdf/20101013/pdf/31t313cqjv69cg.pdf
http://www.asx.com.au/asxpdf/20101013/pdf/31t311q9316832.pdf
Presentation - Goliath Gold
http://www.asx.com.au/asxpdf/20101013/pdf/31t313cqjv69cg.pdf
Lange hat's gedauert! Aber jetzt kommt langsam Freude auf!
Hier mal auf Deutsch:
Gold One International Ltd. schafft neues Gold-Entwicklungs- und -explorationsunternehmen mit einer Goldressource von 12 Mio. oz
Wie heute bekannt wurde, wird Gold One International Limited durch einen Reverse-Take-Over (umgekehrte Übernahme) von White Water Resources ein neues auf Gold fokussiertes Explorations- und Entwicklungsunternehmen mit dem Namen Goliath Gold Mining schaffen.
White Water Resources wird vergrößert und erhält den neuen Namen Goliath Gold. Gold One wird 74% der Anteile an dem neuen Unternehmen besitzen.
Goliath Gold wird sich auf die Entwicklung von Megamine konzentrieren. Das Megamine-Portfolio enthält eine JORC und SAMREC konforme Ressource von über 12 Mio. oz Gold.
Gold One wird sich weiterhin auf Modder East und Ventersburg konzentrieren.
Gold One und Goliath Gold sollen beide von gemeinsamen Kosten, Management und fachlicher Expertise profitieren.
Der Abschluss der Transaktion wird gegen Ende des ersten Halbjahres 2011 erwartet.
http://www.minenportal.de/artikel.php?sid=11831
Hier mal auf Deutsch:
Gold One International Ltd. schafft neues Gold-Entwicklungs- und -explorationsunternehmen mit einer Goldressource von 12 Mio. oz
Wie heute bekannt wurde, wird Gold One International Limited durch einen Reverse-Take-Over (umgekehrte Übernahme) von White Water Resources ein neues auf Gold fokussiertes Explorations- und Entwicklungsunternehmen mit dem Namen Goliath Gold Mining schaffen.
White Water Resources wird vergrößert und erhält den neuen Namen Goliath Gold. Gold One wird 74% der Anteile an dem neuen Unternehmen besitzen.
Goliath Gold wird sich auf die Entwicklung von Megamine konzentrieren. Das Megamine-Portfolio enthält eine JORC und SAMREC konforme Ressource von über 12 Mio. oz Gold.
Gold One wird sich weiterhin auf Modder East und Ventersburg konzentrieren.
Gold One und Goliath Gold sollen beide von gemeinsamen Kosten, Management und fachlicher Expertise profitieren.
Der Abschluss der Transaktion wird gegen Ende des ersten Halbjahres 2011 erwartet.
http://www.minenportal.de/artikel.php?sid=11831
Quarterly Activities Report - September 2010 Quarter
http://www.asx.com.au/asxpdf/20101028/pdf/31tg4pfgnh3zsv.pdf
Kurzfassung: http://www.asx.com.au/asxpdf/20101028/pdf/31tg5434n6fqd1.pdf
http://www.asx.com.au/asxpdf/20101028/pdf/31tg4pfgnh3zsv.pdf
Kurzfassung: http://www.asx.com.au/asxpdf/20101028/pdf/31tg5434n6fqd1.pdf
10.11.10
Gold One said today that drilling results at its flagship Modder East gold mine in South Africa have confirmed an extension to the high grade shoreline. Borehole DD68 contain 177.1 grams per tonne over a channel thickness of 72 centimetres and borehole DD69 contain 37.3 grams per tonne over 56 centimetres.
ausführlich http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=5145…
Gold One said today that drilling results at its flagship Modder East gold mine in South Africa have confirmed an extension to the high grade shoreline. Borehole DD68 contain 177.1 grams per tonne over a channel thickness of 72 centimetres and borehole DD69 contain 37.3 grams per tonne over 56 centimetres.
ausführlich http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=5145…
Convertible bondholders elect not to exercise put option
http://www.asx.com.au/asxpdf/20101115/pdf/31tw4cv8zrnzkq.pdf
Joint Announcement - Gold One and White Water Resources
http://www.asx.com.au/asxpdf/20101115/pdf/31tw3wlyyhm5x4.pdf
http://www.asx.com.au/asxpdf/20101115/pdf/31tw4cv8zrnzkq.pdf
Joint Announcement - Gold One and White Water Resources
http://www.asx.com.au/asxpdf/20101115/pdf/31tw3wlyyhm5x4.pdf
Gold One bondholders stay put
Mon, 15 Nov 2010 10:26
[miningmx.com] -- GOLD One International announced on Monday that none of the mining junior’s bond holders has exercised a once-off put option to redeem bonds for cash.
Gold One will therefore no longer require the debt facility it negotiated in October with Absa Capital and BNP Paribas to fund the $62m redemption value of the bonds.
As a result, holders will retain their bonds with a view to either converting them to shares, or redeeming those at maturity in December 2012 for cash.
The terms of the debt facility were previously viewed as a potential drag on the company. Imara SP Reid analyst Percy Takunda earlier said Gold One’s shares could come under pressure if the debt facility carried unfavourable terms.
“Modder East (Gold One’s flagship mine) will in our view be a very lucrative mine and will likely be cash positive this year, but the $65m facility will be carried by Modder East alone,” Takunda stated in research released in October.
“We do not know what the full terms of the facility will be, but if at a minimum it is R40m per year and add to that a possible 20% hedge on production, we are inclined to sit on the side of caution.”
Analysts at Perth-based Hartleys concurred, saying in a research update following Monday’s announcement the decision is a major reduction in financial risk for the company as there will be no bank debt or hedging as previously expected.
“We see this as an outstanding outcome for the company as Gold One will not require the debt facility,” Hartleys said. “The use of the bank debt would have increased Gold One’s financial risk, as the covenants placed on the bank debt would have been far stricter than those of the convertible bonds, as well as somewhat limiting the ability to use the company’s cash.”
Gold One said the terms of the convertible bonds will remain unchanged, with interest of 8.5% per year payable quarterly in arrears and a redemption value of 109.6% of the nominal value – unless converted into Gold One shares.
If all bonds were to be converted to Gold One shares, there would be an additional 157 million shares issued. This equates to an additional 20% of issued capital, on top of the current 806 million ordinary shares already on issue.
“Given that the bondholders are receiving an 8.5% coupon, we do not expect them to convert to shares in the short term,” said Hartleys.
“Based on our estimates, the company should have over A$120m in cash at that point in time (December 2012), well in excess of the amount required for the bonds.”
Mon, 15 Nov 2010 10:26
[miningmx.com] -- GOLD One International announced on Monday that none of the mining junior’s bond holders has exercised a once-off put option to redeem bonds for cash.
Gold One will therefore no longer require the debt facility it negotiated in October with Absa Capital and BNP Paribas to fund the $62m redemption value of the bonds.
As a result, holders will retain their bonds with a view to either converting them to shares, or redeeming those at maturity in December 2012 for cash.
The terms of the debt facility were previously viewed as a potential drag on the company. Imara SP Reid analyst Percy Takunda earlier said Gold One’s shares could come under pressure if the debt facility carried unfavourable terms.
“Modder East (Gold One’s flagship mine) will in our view be a very lucrative mine and will likely be cash positive this year, but the $65m facility will be carried by Modder East alone,” Takunda stated in research released in October.
“We do not know what the full terms of the facility will be, but if at a minimum it is R40m per year and add to that a possible 20% hedge on production, we are inclined to sit on the side of caution.”
Analysts at Perth-based Hartleys concurred, saying in a research update following Monday’s announcement the decision is a major reduction in financial risk for the company as there will be no bank debt or hedging as previously expected.
“We see this as an outstanding outcome for the company as Gold One will not require the debt facility,” Hartleys said. “The use of the bank debt would have increased Gold One’s financial risk, as the covenants placed on the bank debt would have been far stricter than those of the convertible bonds, as well as somewhat limiting the ability to use the company’s cash.”
Gold One said the terms of the convertible bonds will remain unchanged, with interest of 8.5% per year payable quarterly in arrears and a redemption value of 109.6% of the nominal value – unless converted into Gold One shares.
If all bonds were to be converted to Gold One shares, there would be an additional 157 million shares issued. This equates to an additional 20% of issued capital, on top of the current 806 million ordinary shares already on issue.
“Given that the bondholders are receiving an 8.5% coupon, we do not expect them to convert to shares in the short term,” said Hartleys.
“Based on our estimates, the company should have over A$120m in cash at that point in time (December 2012), well in excess of the amount required for the bonds.”
Production Guidance and Operational Update
http://www.asx.com.au/asxpdf/20101129/pdf/31v6vh7c098smx.pdf
http://www.asx.com.au/asxpdf/20101129/pdf/31v6vh7c098smx.pdf
immer wieder die selben leute in interessanten werten..
ähm liege ich falsch ?
aber ich seh kein wirklichen risiken bei dem baby ??
das flagshiff projekt ist finanziert und läuft
aus dem cash flow können neue projekte angeschoben werden.
golitah gold wird sich selbst um fianzierung kümmern.
heisst es steht nicht mehr viel dilution an ?
also dann mal an die rechenapperate
150 k unzen ab 2012
goldpreis 1300 dollar
kgv von 10
lecker
ähm liege ich falsch ?
aber ich seh kein wirklichen risiken bei dem baby ??
das flagshiff projekt ist finanziert und läuft
aus dem cash flow können neue projekte angeschoben werden.
golitah gold wird sich selbst um fianzierung kümmern.
heisst es steht nicht mehr viel dilution an ?
also dann mal an die rechenapperate
150 k unzen ab 2012
goldpreis 1300 dollar
kgv von 10
lecker
Antwort auf Beitrag Nr.: 40.610.032 von tjcc281086 am 29.11.10 17:23:16Sehe ich hier etwas falsch, oder ist Gold one international ein krass unterbewerteter Goldproduzent?
EV/Resources oz bei 18 USD pro unze im Boden...das könnte locker bei 180 stehen. kurs X 10!
ist gold one international ein nächster Tenbagger?
EV/Resources oz bei 18 USD pro unze im Boden...das könnte locker bei 180 stehen. kurs X 10!
ist gold one international ein nächster Tenbagger?
Antwort auf Beitrag Nr.: 40.611.206 von commodityleviathan am 29.11.10 20:06:43bei derm festen goldkurs heute hat dein tenbagger aber kräftig federn lassen müssen. gibt oder gab es dafür gute gründe?
Antwort auf Beitrag Nr.: 40.619.890 von Paphos am 30.11.10 23:16:31order ausgeführt...
goldpreis spielt auch mit
goldpreis spielt auch mit
Bin ab heute auch dabei. Potential meines Erachtens groß.
Ventersburg Resource Upgrade
http://www.asx.com.au/asxpdf/20101207/pdf/31vfh04kz67j96.pdf
http://www.asx.com.au/asxpdf/20101207/pdf/31vfh04kz67j96.pdf
on watchlist
15.12.10
Modder East Resource and Reserve Upgrade
Modder East resources increase by 18%
Modder East reserves increase by 13%
Additional reserves and updated production profile extend Modder East life of mine by five years to 2022
Recent high grade drill results not included in updated resources and reserves
Shoreline extension exploration to continue during first quarter of 2011
ausführlich: http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=5205…
Modder East Resource and Reserve Upgrade
Modder East resources increase by 18%
Modder East reserves increase by 13%
Additional reserves and updated production profile extend Modder East life of mine by five years to 2022
Recent high grade drill results not included in updated resources and reserves
Shoreline extension exploration to continue during first quarter of 2011
ausführlich: http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=5205…
Antwort auf Beitrag Nr.: 40.711.992 von MFC500 am 15.12.10 07:43:28moin MFC500,
was mir immer wieder auffällt, das die Minenwerte in AUS teilweise deutlich schlechter bewertet werden als in CAN. Trotz guter Ergebnisse , trotz Phantasie werden dagegen Klitschen in CAN höher bewertet. Hat das System?
Und eine Frage zu Deiner Einschätzung von Focus und Alcyone.
Gruss
was mir immer wieder auffällt, das die Minenwerte in AUS teilweise deutlich schlechter bewertet werden als in CAN. Trotz guter Ergebnisse , trotz Phantasie werden dagegen Klitschen in CAN höher bewertet. Hat das System?
Und eine Frage zu Deiner Einschätzung von Focus und Alcyone.
Gruss
Antwort auf Beitrag Nr.: 40.712.135 von Timesystem1002 am 15.12.10 08:22:35Auf diese Frage kenne ich leider keine Antwort. Aber schau dir doch mal die Bewertung der hochprofitablen chin. Solarfirmen in Relation zu ihren schwindsüchtigen deutschen Konkurrenten an. Dann kommst du in dieselbe Erklärungsnot. Börse ist, entgegen dem, was stets behauptet wird, überhaupt nicht effizient
das war aber ein abschlag mit ca. -9% heute nacht in sydney, gibt es schlechte news?
Antwort auf Beitrag Nr.: 40.719.175 von Paphos am 16.12.10 08:17:19bislang nicht, abgesehen vom rückläufigen Goldpreis und der allgemein schwächeren Performance von Goldtiteln. Was allerdings den überproportionalen Abaschlag bei GDO nicht erklärt
Antwort auf Beitrag Nr.: 40.719.290 von MFC500 am 16.12.10 08:46:32und das trotz gerade Erhöhung der Res./Ress., da wären in Can 20% Plus drin gewesen.
man muß hierbei berücksichtigen, daß GDO seit Aufnahme der Produktion mehrfach die Guidance senken musste. So hieß es zum Beispiel am 02.12.09:
2010 production is estimated to be 100-120.000 oz at cash costs of U$330/oz
Forecast production for 2011 remains unchanged at 180.000 oz at cash cost of U$250/oz
Nach aktuellem Stand erwartet GDO für 2011 120.000 oz at cash cost of U$417/oz
Folglich dürften viele Anleger darauf warten, ob sich die derzeitigen Prognosen als tragfähig erweisen. Verständlich aus meiner Sicht.
2010 production is estimated to be 100-120.000 oz at cash costs of U$330/oz
Forecast production for 2011 remains unchanged at 180.000 oz at cash cost of U$250/oz
Nach aktuellem Stand erwartet GDO für 2011 120.000 oz at cash cost of U$417/oz
Folglich dürften viele Anleger darauf warten, ob sich die derzeitigen Prognosen als tragfähig erweisen. Verständlich aus meiner Sicht.
Antwort auf Beitrag Nr.: 40.719.856 von MFC500 am 16.12.10 10:11:27... das leuchtet mir ein mit den korrigierten cash costs, 250 oder 417 ist ja kein pappenstiel
Antwort auf Beitrag Nr.: 40.721.181 von Paphos am 16.12.10 13:14:25wobei GDO damit dennoch zu den günstigen Produzenten gehört! Aber es ist wohl die Kombination aus höheren Kosten und niedrigerer Produktion. Gleichwohl wäre GDO bei Erreichen der gesenkten Prognosen extrem niedrig bewertet. Und Ventersburg & Goliath erfahren derzeit überhaupt keine Berücksichtigung.
Hallo zusammen,
Richtig schmackhafter Wert
Der Newsflow passt, der Kurs noch nicht das freut mich.
Satte Goldgrades und 20Mio Unzen schwer das ist echt stark.
Wäre das hier ein reiner Explorer müsste er schon mehr Wert sein.
Die Zeit wird für eine faire Bewertung sorgen.
Ich sollte mir ein paar Stücke zulegen.
Richtig schmackhafter Wert
Der Newsflow passt, der Kurs noch nicht das freut mich.
Satte Goldgrades und 20Mio Unzen schwer das ist echt stark.
Wäre das hier ein reiner Explorer müsste er schon mehr Wert sein.
Die Zeit wird für eine faire Bewertung sorgen.
Ich sollte mir ein paar Stücke zulegen.
Change of Director`s Interest Notice
http://www.asx.com.au/asxpdf/20101224/pdf/41vw6syd278sj5.pdf
http://www.asx.com.au/asxpdf/20101224/pdf/41vw6syd278sj5.pdf
Frohe Weihnachten zusammen,
Ich hätte mal ein paar Fragen:
1. Die News vom 15.12. zu Modder East Reservenerweiterung.
Naja 0,2 Milionen Unzen mehr, dafür sind die Grades von 5,5 g/T auf 4 g/T zurückgegangen. Das sehe ich ehrlich gesagt nicht sehr positiv.
Was sagt ihr dazu?
2. Wenn man sich in der Präsentation vom November die Grafik mit der geschätzten Produktion für die nächstenJahre anschaut (Seite 16) bemerkt man, dass ab 2015 wenn Ventersburg in Produktion geht, die Modder East Produktion stark zurück geht. Warum geht man davon aus? Die Mine besitzt doch ein Minen Leben von 13 Jahren? oder schrumpfen dann einfach die Grades in den Abbaugebieten?
3. Was hat es mit den Bonds auf sich? Sind das Schulden oder so ne Art Optionen?
Sorry für diese Frage, aber ich war noch nie in ein Unternehmen investiert bei dem so etwas vorkam.
Allen zusammen noch ein Frohes und besinnliches Fest.
Ich hätte mal ein paar Fragen:
1. Die News vom 15.12. zu Modder East Reservenerweiterung.
Naja 0,2 Milionen Unzen mehr, dafür sind die Grades von 5,5 g/T auf 4 g/T zurückgegangen. Das sehe ich ehrlich gesagt nicht sehr positiv.
Was sagt ihr dazu?
2. Wenn man sich in der Präsentation vom November die Grafik mit der geschätzten Produktion für die nächstenJahre anschaut (Seite 16) bemerkt man, dass ab 2015 wenn Ventersburg in Produktion geht, die Modder East Produktion stark zurück geht. Warum geht man davon aus? Die Mine besitzt doch ein Minen Leben von 13 Jahren? oder schrumpfen dann einfach die Grades in den Abbaugebieten?
3. Was hat es mit den Bonds auf sich? Sind das Schulden oder so ne Art Optionen?
Sorry für diese Frage, aber ich war noch nie in ein Unternehmen investiert bei dem so etwas vorkam.
Allen zusammen noch ein Frohes und besinnliches Fest.
Antwort auf Beitrag Nr.: 40.761.275 von Haxe08 am 25.12.10 12:47:16Upps ich sollte mal alles bis zu Ende lesen. Frage 2 hat sich somit erledigt. Frage 1 ist teilweise durch den niedrigeren Cut off erklärt. Wirklich positiv allerdings naja.
Antwort auf Beitrag Nr.: 40.761.286 von Haxe08 am 25.12.10 13:00:34Sorry ich nerv wahrscheinlich schon aber muss nochmal einhaken.
Reserven:
Tonnes Grade Moz
vorher: BPLZ 5.39 6.09 1.06
nachher: BPLZ + Channel Facies2 8.35 4.00? 1.07
Das versteh ich wirklich nicht.
Reserven:
Tonnes Grade Moz
vorher: BPLZ 5.39 6.09 1.06
nachher: BPLZ + Channel Facies2 8.35 4.00? 1.07
Das versteh ich wirklich nicht.
Antwort auf Beitrag Nr.: 40.761.340 von Haxe08 am 25.12.10 14:04:16Sorry ich nerv wahrscheinlich schon aber muss nochmal einhaken.
Reserven:
Tonnes Grade Moz
vorher: BPLZ 5.39 6.09 1.06
nachher: BPLZ + Channel Facies2 8.35 4.00? 1.07
Das versteh ich wirklich nicht.
Reserven:
Tonnes Grade Moz
vorher: BPLZ 5.39 6.09 1.06
nachher: BPLZ + Channel Facies2 8.35 4.00? 1.07
Das versteh ich wirklich nicht.
Antwort auf Beitrag Nr.: 40.761.275 von Haxe08 am 25.12.10 12:47:16zu 3: es handelt sich um eine Wandelanleihe. Diese wird entweder am Laufzeitende zurückbezahlt oder in Aktien gewandelt, wobei die Anleihebesitzer die Wandlung auch vorher ausüben können, falls sie das wünschen. Siehe auch http://www.asx.com.au/asxpdf/20101115/pdf/31tw4cv8zrnzkq.pdf
Antwort auf Beitrag Nr.: 40.761.384 von MFC500 am 25.12.10 14:43:39Super,
Danke für die Antwort. Das bedeutet also es kann zu weiterer ordentlicher Verwässerung kommen. Liegt der Kurs ordentlich über den 0,38 AUD wird dies mit ziemlicher Sicherheit passieren. naja das wären bei voller Ausübung nochmal ca.150Mio neue Shares.
Zu der News vom 15.12. nochmal.
Was ich nicht verstehe ist, dass die Tonnage der Reserven um ca. 50% gestiegen ist aber durch die niedrigeren Grades die Moz gleich bleiben. Das bedeutet eigentlich dass man mit 50% mehr Produktion nur gleich viel Gold als vorher aus dem Boden holt. Somit die Cash Kosten pro Unze steigen. Ich bin gespannt wie es weitergeht.
Danke für die Antwort. Das bedeutet also es kann zu weiterer ordentlicher Verwässerung kommen. Liegt der Kurs ordentlich über den 0,38 AUD wird dies mit ziemlicher Sicherheit passieren. naja das wären bei voller Ausübung nochmal ca.150Mio neue Shares.
Zu der News vom 15.12. nochmal.
Was ich nicht verstehe ist, dass die Tonnage der Reserven um ca. 50% gestiegen ist aber durch die niedrigeren Grades die Moz gleich bleiben. Das bedeutet eigentlich dass man mit 50% mehr Produktion nur gleich viel Gold als vorher aus dem Boden holt. Somit die Cash Kosten pro Unze steigen. Ich bin gespannt wie es weitergeht.
Antwort auf Beitrag Nr.: 40.761.546 von Haxe08 am 25.12.10 18:09:38- die werden den kurs versuchen auf über 0,38 aud zu bringen, um zu wandeln, danach dann normalerweise absturz in alte gefilde ... (meine meinung)
- gute recherche bezüglich der abnehmenden grades, gefällt mir persönlich nicht ... da merh explorationkosten, neue drillings und vor allem mehr cash benötigt und mehr dilution als geplant möglich ...
ergo: off watchlist
- gute recherche bezüglich der abnehmenden grades, gefällt mir persönlich nicht ... da merh explorationkosten, neue drillings und vor allem mehr cash benötigt und mehr dilution als geplant möglich ...
ergo: off watchlist
Director Mark Kenneth Wheatley indirectly bought 120,000 shares for $40,200 on-market on December 30, 2010. He directly holds 3.8 million options and indirectly holds 512,500 shares and 381,000 options.
Director Kenneth Victor Dicks directly bought 75,000 shares for $26,616 on-market on December 30, 2010. He directly holds 175,000 shares and 2,690,171 options.
http://www.businessspectator.com.au/bs.nsf/Article/Gold-One-…
Director Kenneth Victor Dicks directly bought 75,000 shares for $26,616 on-market on December 30, 2010. He directly holds 175,000 shares and 2,690,171 options.
http://www.businessspectator.com.au/bs.nsf/Article/Gold-One-…
weitere Insiderkäufe über 200.000 bzw 100.000 Aktien
http://www.asx.com.au/asxpdf/20110104/pdf/41w0nk2hjxb0f5.pdf
http://www.asx.com.au/asxpdf/20110104/pdf/41w0nllztqgb8s.pdf
http://www.asx.com.au/asxpdf/20110104/pdf/41w0nk2hjxb0f5.pdf
http://www.asx.com.au/asxpdf/20110104/pdf/41w0nllztqgb8s.pdf
Antwort auf Beitrag Nr.: 40.792.765 von MFC500 am 03.01.11 22:44:23ist irgendwas im busch oder warum so viele insiderkäufe in letzter zeit?
Produktion von 21.480 Unzen Gold im Dezember Quartal
http://www.minenportal.de/artikel.php?sid=12993
http://www.minenportal.de/artikel.php?sid=12993
interessante Sicht der Dinge.. bzw. warum ist die MK so sauniedrig
Gold One makes up for target misses
http://www.miningmx.com/news/gold_and_silver/Gold-One-makes-…
Gold One makes up for target misses
http://www.miningmx.com/news/gold_and_silver/Gold-One-makes-…
Antwort auf Beitrag Nr.: 40.871.110 von XIO am 16.01.11 19:45:13Hallo XIO,
Schön dich bei Gold One zu sehen
Auf was hast du denn eigentlich die ausstehende 200Mio Finanzierung aus dem Beitrag im Avion Forum bezogen? Die Bonds oder die Optionen oder was komplett anderes?
Wirst du eigentlich aus dem Q3 Bericht schlau? Ich sehe zwar einen Cash Flow von 13Mio bzw. 4,9Mio aber keinen Gewinn oder Verlust nach bzw. vor Steuern?
In Q4 sollte ein Umsatz von 28 - 30Mio US Dollar erreicht worden sein. Ich bin wirklich auf die Veröffentlichung Ende Januar gespannt.
Schön dich bei Gold One zu sehen
Auf was hast du denn eigentlich die ausstehende 200Mio Finanzierung aus dem Beitrag im Avion Forum bezogen? Die Bonds oder die Optionen oder was komplett anderes?
Wirst du eigentlich aus dem Q3 Bericht schlau? Ich sehe zwar einen Cash Flow von 13Mio bzw. 4,9Mio aber keinen Gewinn oder Verlust nach bzw. vor Steuern?
In Q4 sollte ein Umsatz von 28 - 30Mio US Dollar erreicht worden sein. Ich bin wirklich auf die Veröffentlichung Ende Januar gespannt.
Antwort auf Beitrag Nr.: 40.871.149 von Haxe08 am 16.01.11 20:03:45muss nicht für Ventersburg noch Kapital aufgetrieben werden, wen man 2015 in produktion gehen will?
siehe letzte präsentation
siehe letzte präsentation
Antwort auf Beitrag Nr.: 40.871.167 von XIO am 16.01.11 20:08:43Hab ich wohl übersehen.
Ich lese mich nochmal durch. Danke für die Info und schönes WE.
Ich lese mich nochmal durch. Danke für die Info und schönes WE.
Antwort auf Beitrag Nr.: 40.871.180 von Haxe08 am 16.01.11 20:11:15Naja Ventersburg kann hoffentlich auch aus dem Cash Flow von Modder East finanziert werden. Mit 150K Unzen in 2012 sollte doch einiges für Ventersburg hängen bleiben
Antwort auf Beitrag Nr.: 40.871.244 von Haxe08 am 16.01.11 20:49:13hm.. die 200 Mio werden aber in der Bilanz als Kosten auftauchen.. egal, woher sie gestellt werden.. und den Gewinn etwas schmälern.
die frage ist, wann die Kohle benötigt wird.
die frage ist, wann die Kohle benötigt wird.
Antwort auf Beitrag Nr.: 40.871.313 von XIO am 16.01.11 21:23:13Ist doch besser man zieht ein Projekt aus dem Eigenkapital hoch, als dass man auf massive Verwässerung zurückgreift. Klar wird der Gewinn minimiert, aber dafür wachsen die Vermögenswerte.
Priorität sollte jetzt Modder east haben. Hoffentlich kann Gold One seine Prognosen halten.
Priorität sollte jetzt Modder east haben. Hoffentlich kann Gold One seine Prognosen halten.
Antwort auf Beitrag Nr.: 40.871.605 von Haxe08 am 16.01.11 23:33:06Ist wegen der sache mit Goliath noch kurzfristig irgenwas finanziell "negatives" zu erwarten?
An irgendwas muss es doch liegen, das G1 sich nicht nach oben bewegt??
http://www.proactiveinvestors.com.au/companies/news/10784/go…
http://www.gold1.co.za/index.php?option=com_content&view=art…
An irgendwas muss es doch liegen, das G1 sich nicht nach oben bewegt??
http://www.proactiveinvestors.com.au/companies/news/10784/go…
http://www.gold1.co.za/index.php?option=com_content&view=art…
Antwort auf Beitrag Nr.: 40.891.361 von XIO am 19.01.11 20:01:12The ramp up in production at Modder East is progressing as planned and the quality of the
orebody continues to be reflected in the grades being intersected underground. With the
establishment of the first new panels in the No. 2 Raise Line at Modder East, the Company
is positioned to continue its planned ramp up to meet the production guidance of 25,000
ounces for the third quarter and 85,000 to 100,000 ounces for the year. The No. 2 Raise
Line will support an additional 45 panels in total, of which 20 will be established during
2010, contributing towards the planned production build up.
Das stand z.b. Ende Juli 2010 in dem Q2 Report.
85.000-100.000 für 2010? Naja dann hätten sie in den letzten 2Quartalen 60.000-75.000Unzen Gold produzieren müssen.
Was soll der shit. Jetzt mal ganz ehrlich man wusste wohl selber dass man das nicht mehr erreicht. Hätte man diese Prognosen etwas realistischer ausgelegt würden wir jetzt nicht hier stehen. Wer glaubt denen denn noch aktuell geschweige an 120.000Unzen in 2011?
Jetzt muss man erstmal was zeigen. Immerhin hat man das erste mal eine Prognose (Q4) gehalten. Ok diese wurde 2Monate vor Quartalsende gestellt aber immerhin etwas.
orebody continues to be reflected in the grades being intersected underground. With the
establishment of the first new panels in the No. 2 Raise Line at Modder East, the Company
is positioned to continue its planned ramp up to meet the production guidance of 25,000
ounces for the third quarter and 85,000 to 100,000 ounces for the year. The No. 2 Raise
Line will support an additional 45 panels in total, of which 20 will be established during
2010, contributing towards the planned production build up.
Das stand z.b. Ende Juli 2010 in dem Q2 Report.
85.000-100.000 für 2010? Naja dann hätten sie in den letzten 2Quartalen 60.000-75.000Unzen Gold produzieren müssen.
Was soll der shit. Jetzt mal ganz ehrlich man wusste wohl selber dass man das nicht mehr erreicht. Hätte man diese Prognosen etwas realistischer ausgelegt würden wir jetzt nicht hier stehen. Wer glaubt denen denn noch aktuell geschweige an 120.000Unzen in 2011?
Jetzt muss man erstmal was zeigen. Immerhin hat man das erste mal eine Prognose (Q4) gehalten. Ok diese wurde 2Monate vor Quartalsende gestellt aber immerhin etwas.
-7,7%...heftig
weiss einer inzwischen mehr?
Antwort auf Beitrag Nr.: 40.913.382 von XIO am 24.01.11 14:05:53Ich hab absolut keine Ahnung, aber die Flutwelle? Glaub ich nicht
Das Volumen war jetzt auch nicht ungewöhnlich hoch.
Das Volumen war jetzt auch nicht ungewöhnlich hoch.
wird sich schon klären, habe den "Kurssturz" genutzt, um heute einzusteigen.. bin on Board
Antwort auf Beitrag Nr.: 40.916.692 von XIO am 24.01.11 21:11:14Na dann kanns ja up gehen.
Viel Glück
Viel Glück
!
Dieser Beitrag wurde moderiert. Grund: auf eigenen Wunsch des Users!
Dieser Beitrag wurde moderiert. Grund: auf eigenen Wunsch des Users
Antwort auf Beitrag Nr.: 40.916.927 von Haxe08 am 24.01.11 21:46:52aber zackig jetzte!!!
Antwort auf Beitrag Nr.: 40.916.927 von Haxe08 am 24.01.11 21:46:52Mit der lächerlichen MK im Rücken kann ja eigentlich nicht mehr viel schief gehen.. wann kommen die nächsten Produktions-Zahlen?
Gold One International on track for gold production of 120,000 ounces
http://www.proactiveinvestors.com.au/companies/news/12891/go…
Monday, January 10, 2011 by Proactive Investors
In line with previous production guidance of 21 480 ounces for the December 2010 quarter (+10%), Gold One International (ASX, JSE: GDO), has indicated it is on track for production of 25,000 ounces for the March 2011 quarter.
The Modder East mine near Johannesburg in South Africa recovered a grade of 6.49 grams per tonne. Metallurgical recoveries remained high at 96%, despite the higher throughput.
Total gold production for 2010 was 66 445 ounces.
On an Enterprise Value to Reserve Ounce and EV/Resource ounce, Gold One remains under the median ranking of gold producers and affords value to the long term gold investor.
The company has forecast increased production levels at Modder East 25 000 ounces for the 2011 March quarter and 120 000 ounces for 2011.
The production improvement comes as a result of an increasing number of mining panels that have transitioned from ledging to full stoping operations.
The quarterly report to be released toward the end of January will provide further operational and financial details, including cash costs for the December 2010 quarterly
On December 15 Gold One reported a very positive outcome from a resource and reserve upgrade at Modder East, with resources gaining 18% and reserves up 13%.
The gold upgrade extended the mine life of Modder East by five years out to 2022.
Modder East?s total life of mine is now 13 years, and with a plant capacity of 100,000 tonnes of ore per month, production between 2012 and 2015 is forecast to exceed 150,000 gold ounces annually.
Based on the current spot gold price around US$1400, the in situ value of production for the four years from 2012 to 2015 is US$840 million.
http://www.proactiveinvestors.com.au/companies/news/12891/go…
Monday, January 10, 2011 by Proactive Investors
In line with previous production guidance of 21 480 ounces for the December 2010 quarter (+10%), Gold One International (ASX, JSE: GDO), has indicated it is on track for production of 25,000 ounces for the March 2011 quarter.
The Modder East mine near Johannesburg in South Africa recovered a grade of 6.49 grams per tonne. Metallurgical recoveries remained high at 96%, despite the higher throughput.
Total gold production for 2010 was 66 445 ounces.
On an Enterprise Value to Reserve Ounce and EV/Resource ounce, Gold One remains under the median ranking of gold producers and affords value to the long term gold investor.
The company has forecast increased production levels at Modder East 25 000 ounces for the 2011 March quarter and 120 000 ounces for 2011.
The production improvement comes as a result of an increasing number of mining panels that have transitioned from ledging to full stoping operations.
The quarterly report to be released toward the end of January will provide further operational and financial details, including cash costs for the December 2010 quarterly
On December 15 Gold One reported a very positive outcome from a resource and reserve upgrade at Modder East, with resources gaining 18% and reserves up 13%.
The gold upgrade extended the mine life of Modder East by five years out to 2022.
Modder East?s total life of mine is now 13 years, and with a plant capacity of 100,000 tonnes of ore per month, production between 2012 and 2015 is forecast to exceed 150,000 gold ounces annually.
Based on the current spot gold price around US$1400, the in situ value of production for the four years from 2012 to 2015 is US$840 million.
Modder East Mine Not Affected By Flooding In South Africa
http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode…
Ich kanns leider nicht öffnen aber die Überschrift gibt positives preis und wiederlegt zum Glück xios Befürchtung.
http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode…
Ich kanns leider nicht öffnen aber die Überschrift gibt positives preis und wiederlegt zum Glück xios Befürchtung.
Zitat von Haxe08: Modder East Mine Not Affected By Flooding In South Africa
http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode…
Ich kanns leider nicht öffnen aber die Überschrift gibt positives preis und wiederlegt zum Glück xios Befürchtung.
Link geht voraussichtlich bis spätestens Börseneröffnung.
Antwort auf Beitrag Nr.: 40.932.442 von kutowski am 26.01.11 22:45:06Quelle: http://www.asx.com.au/asxpdf/20110127/pdf/41wcrt3179qysb.pdf
Antwort auf Beitrag Nr.: 40.932.442 von kutowski am 26.01.11 22:45:06sogar auf TH geschlossen.... Volumen könnte noch bissl besser werden.... läuft
Abschliessend zum Thema noch ein schönes Posting aus dem HC-forum:
Dear GDO shareholders and potential shareholders,
I have just got off the phone from the SA office after having had a pleasant conversation with the Investor relations executive over there called Ilja Graulich. I rang to speak to Ilja to determine the extent of damage or threat of damage to the mine due to any flooding.
Ilja explained that he can understand that we in Australia must be extremely concerned if we are comparing any floods in SA to the recent floods in QLD. He visits Brisbane from time to time so he does understand how bad the floods have been in QLD.
Ilja explained that Johannesburg doesn't experience anything like the flooding that QLD has gone through and currently it is easy to walk down the main street of Johannesburg without any problems.
Now in getting to the Modder East mine. Modder East is not experiencing any flooding nor is it at risk of any flooding due to the fact that it is up higher than water levels and it is only 300 meters deep.
As far as acid water is concerned well the Modder East Mine has no threat or concern of any threat from that as well. This is due to the fact that when GDO management decided to build the mine and organise their power and water infrastructure agreements, they decided to NOT use or be connected to ANY old natural water drainage systems and instead they opted to use NEW water infrastructure that has no connection to old natural water drainage systems that can be infected if old mines get flooded and chemicals mix into the water systems causing acid water problems. This won't ever be a problem with Modder East and I am sure that the same systems will be implemented as more new mines start up in the future with GDO.
As far as electricity is concerned, well Modder East uses very little electricity and electricity only consists of 5-6% of the mining costs which is quite low by industry standards. There are two ways in which people can access Modder East.
1) Through decline and
2) Through a vertical shaft.
Trucks are used to transport the tonnage out of the mine rather than using expensive electrical hoists so the trucks simply drive in and drive out which is a cost savings.
There are no problems with the power grid and if there is the unlikely scenario of a power outage they have various generators to use if necessary.
In a nut shell GDO has NO power or water issues and business is being conducted as per normal.
Another thing is that access to the GDO website has been intermittent as you can access it one day and not the next. Ilja also unsuccessfully attempted to access it while we were chatting and he said that he will look into it and will resolve that issue ASAP as he was unaware of that website problem.
Anyway I sure hope that this assists people in alleviating any concerns that they had over these issues. I have also been given permission to mention Ilja Graulich on this website.
All the best,
Champ
Dear GDO shareholders and potential shareholders,
I have just got off the phone from the SA office after having had a pleasant conversation with the Investor relations executive over there called Ilja Graulich. I rang to speak to Ilja to determine the extent of damage or threat of damage to the mine due to any flooding.
Ilja explained that he can understand that we in Australia must be extremely concerned if we are comparing any floods in SA to the recent floods in QLD. He visits Brisbane from time to time so he does understand how bad the floods have been in QLD.
Ilja explained that Johannesburg doesn't experience anything like the flooding that QLD has gone through and currently it is easy to walk down the main street of Johannesburg without any problems.
Now in getting to the Modder East mine. Modder East is not experiencing any flooding nor is it at risk of any flooding due to the fact that it is up higher than water levels and it is only 300 meters deep.
As far as acid water is concerned well the Modder East Mine has no threat or concern of any threat from that as well. This is due to the fact that when GDO management decided to build the mine and organise their power and water infrastructure agreements, they decided to NOT use or be connected to ANY old natural water drainage systems and instead they opted to use NEW water infrastructure that has no connection to old natural water drainage systems that can be infected if old mines get flooded and chemicals mix into the water systems causing acid water problems. This won't ever be a problem with Modder East and I am sure that the same systems will be implemented as more new mines start up in the future with GDO.
As far as electricity is concerned, well Modder East uses very little electricity and electricity only consists of 5-6% of the mining costs which is quite low by industry standards. There are two ways in which people can access Modder East.
1) Through decline and
2) Through a vertical shaft.
Trucks are used to transport the tonnage out of the mine rather than using expensive electrical hoists so the trucks simply drive in and drive out which is a cost savings.
There are no problems with the power grid and if there is the unlikely scenario of a power outage they have various generators to use if necessary.
In a nut shell GDO has NO power or water issues and business is being conducted as per normal.
Another thing is that access to the GDO website has been intermittent as you can access it one day and not the next. Ilja also unsuccessfully attempted to access it while we were chatting and he said that he will look into it and will resolve that issue ASAP as he was unaware of that website problem.
Anyway I sure hope that this assists people in alleviating any concerns that they had over these issues. I have also been given permission to mention Ilja Graulich on this website.
All the best,
Champ
Antwort auf Beitrag Nr.: 40.933.052 von XIO am 27.01.11 07:55:11Danke für das Posting, kannst du mir mal den Link für dieses Forum geben?
Kenn ich gar nicht
Kenn ich gar nicht
Antwort auf Beitrag Nr.: 40.940.624 von XIO am 28.01.11 07:11:39Wahrscheinlich ist das korrektion in gold. Beobachte diesen wert seit langen, aber hab gedacht Gold wird so wie so fallen und keine Eile zu kaufen. Mein einstieg habe ich aber geplant um 0.2-0.25 aud.
Antwort auf Beitrag Nr.: 40.944.264 von recession am 28.01.11 15:53:17Na dann viel Glück, hoffentlich verpasst du den Einstieg nicht
werde auch noch mal was holen, wenn möglich... segelt absolut unter radar
hier schmeiss ich mal meine vorsätze über board
hier schmeiss ich mal meine vorsätze über board
Nun wurde also endlich eine, wenngleich revidierte, Prognose erreicht. Bleibt zu hoffen, daß sich dieser positive Trend in 2011 fortsetzt. Es bleibt dabei: WENN die Produktionsziele nachhaltig erreicht werden, ist GDO einer der attraktivsten Goldproduzenten. Dann bestehen auch beste Chancen, Ventersburg zu einem überwiegenden Teil aus dem Free-CF zu finanzieren, einen entsprechenden Goldpreis vorausgesetzt. Und das ist, natürlich mit gewisser Berechtigung, bislang in keinster Weise eingepreist.
Antwort auf Beitrag Nr.: 40.951.172 von MFC500 am 30.01.11 21:33:18Danke für Deine Einschätzung, bin mit der GDO-Vergangenheit nicht so vertraut, aber es scheint wohl schon einige Enttäuschungen gegeben zu haben?
Antwort auf Beitrag Nr.: 40.951.195 von XIO am 30.01.11 21:45:58die gab es leider öfter, was die vergleichsweise schwache Performance der Aktie erklärt. Seit Aufnahme der Produktion wurde mehrfach die Guidance gesenkt. So hieß es zum Beispiel am 02.12.09(!):
2010 production is estimated to be 100-120.000 oz at cash costs of U$330/oz
Forecast production for 2011 remains unchanged at 180.000 oz at cash cost of U$250/oz
Tatsächlich wurden 2010 lediglich 66.000 oz produziert.
Nach aktuellem Stand erwartet GDO für 2011 nun 120.000 oz at cash cost of U$417/oz
Folglich dürften viele Anleger auch nach erstmaligen Erreichen einer - bereits revidierten! - Prognose darauf warten, ob sich die derzeitigen Erwartungen als tragfähig erweisen. Durchaus verständlich.
2010 production is estimated to be 100-120.000 oz at cash costs of U$330/oz
Forecast production for 2011 remains unchanged at 180.000 oz at cash cost of U$250/oz
Tatsächlich wurden 2010 lediglich 66.000 oz produziert.
Nach aktuellem Stand erwartet GDO für 2011 nun 120.000 oz at cash cost of U$417/oz
Folglich dürften viele Anleger auch nach erstmaligen Erreichen einer - bereits revidierten! - Prognose darauf warten, ob sich die derzeitigen Erwartungen als tragfähig erweisen. Durchaus verständlich.
Antwort auf Beitrag Nr.: 40.951.324 von MFC500 am 30.01.11 22:32:14was mir aufgefallen ist, (und da steckt wohl auch der "Haken"), sind die 2 Kostenarten:#
Cash Cost und Capital Cost
Wie ist da die situation langfristig (denn momentan erklärt dies schon, daß man nicht DER LowCost Producer ist, als welcher man auf den ersten Blick erscheinen will
Brauche hier noch bissl aufklärung bitte
hier noce ein Posting auf SH:
Based of 2011 producation and cost we could expect GDO cracking NPAT ofatleast 58 million for 2011
The continued build up in production levels at Modder East during the September and December quarters of 2010 has provided the company with a solid foundation to achieve its 2011 production guidance of 120,000 ounces at average cash costs of US$ 417/oz
as outlined below:
March 2011 quarter 25,000 ounces
June 2011 quarter 28,000 ounces
September 2011 quarter 34,000 ounces
December 2011 quarter 33,000 ounces
Back of envelope calculation
Production 120000 ounces
Average 2011 POG $ 1350 oz
Average 2011 cash cost $ 417 oz
Average 2011 capital and other cost $ 450
Total cost 2011 $867
Net margin ($1350 less ($417+$450) ) = $483 oz
120000 *( $483) = $58 Million Approx Net profit
Total Shares on Issue: 806.8 Million
EPS .072 Cents
PE of 15 however gold producer PE on ASX is around 25
Equates SP of $ 1.08
Cash Cost und Capital Cost
Wie ist da die situation langfristig (denn momentan erklärt dies schon, daß man nicht DER LowCost Producer ist, als welcher man auf den ersten Blick erscheinen will
Brauche hier noch bissl aufklärung bitte
hier noce ein Posting auf SH:
Based of 2011 producation and cost we could expect GDO cracking NPAT ofatleast 58 million for 2011
The continued build up in production levels at Modder East during the September and December quarters of 2010 has provided the company with a solid foundation to achieve its 2011 production guidance of 120,000 ounces at average cash costs of US$ 417/oz
as outlined below:
March 2011 quarter 25,000 ounces
June 2011 quarter 28,000 ounces
September 2011 quarter 34,000 ounces
December 2011 quarter 33,000 ounces
Back of envelope calculation
Production 120000 ounces
Average 2011 POG $ 1350 oz
Average 2011 cash cost $ 417 oz
Average 2011 capital and other cost $ 450
Total cost 2011 $867
Net margin ($1350 less ($417+$450) ) = $483 oz
120000 *( $483) = $58 Million Approx Net profit
Total Shares on Issue: 806.8 Million
EPS .072 Cents
PE of 15 however gold producer PE on ASX is around 25
Equates SP of $ 1.08
Antwort auf Beitrag Nr.: 40.951.683 von XIO am 31.01.11 06:43:51Hallo xio,
Ich sehe das so allerdings ohne Gewähr.
Die 11,5 Mio sind die Kosten, die direkt aus dem Minenbetrieb entstehen. Darunter fallen Personalkosten, Energiekosten etc.
Die 9 Mio sind die Kosten, mit welchen u.a. Linie 3 und Erweiterung der Stopes finanziert werden. Die Mine ist ja noch jung und es soll ja nicht einfach so ab dem 3.Quartal die Produktion deutlich gesteigert werden. Für 2011 hat Gold one 42Mio Dollar angekündigt die sie in Modder east stecken werden.
Ab 2012 sollte es dann ein Cash Cow werden und dann wird Ventersburg aus dem Cash Flow hochgestampft
Ich sehe das so allerdings ohne Gewähr.
Die 11,5 Mio sind die Kosten, die direkt aus dem Minenbetrieb entstehen. Darunter fallen Personalkosten, Energiekosten etc.
Die 9 Mio sind die Kosten, mit welchen u.a. Linie 3 und Erweiterung der Stopes finanziert werden. Die Mine ist ja noch jung und es soll ja nicht einfach so ab dem 3.Quartal die Produktion deutlich gesteigert werden. Für 2011 hat Gold one 42Mio Dollar angekündigt die sie in Modder east stecken werden.
Ab 2012 sollte es dann ein Cash Cow werden und dann wird Ventersburg aus dem Cash Flow hochgestampft
Gold One is looking for acquisitions in SA and offshore to grow the company.
Auszug:
"For the first time we are looking for external growth," Mr Froneman said. Given Gold One’s Sydney listing, it is likely to seek an asset in Australia.
Gold One is also looking at a number of South African gold assets to grow its local business, which focuses on ore bodies not much deeper than 1km.
Mr Froneman said a deal this year was likely.
http://www.businessday.co.za/articles/Content.aspx?id=132998
@XIO
Haxe hat´s ja bereits erklärt. Du mußt unterscheiden zwischen den reinen (operativen) Produktionskosten sowie den Investitionskosten, die zum Hochziehen der Mine benötigt werden. Diese "rump up"-Phase ist ja bei GDO noch nicht abgeschlossen und kostet dementsprechend noch Geld. Das findest du aber bei allen Juniorproduzenten.
Bei den aktuellen Produktionskosten ist zu berücksichtigen, daß diese basierend auf den ursprünglich kalkuklierten Währungsrelationen im Bereich von U$420/t lägen.
Auszug:
"For the first time we are looking for external growth," Mr Froneman said. Given Gold One’s Sydney listing, it is likely to seek an asset in Australia.
Gold One is also looking at a number of South African gold assets to grow its local business, which focuses on ore bodies not much deeper than 1km.
Mr Froneman said a deal this year was likely.
http://www.businessday.co.za/articles/Content.aspx?id=132998
@XIO
Haxe hat´s ja bereits erklärt. Du mußt unterscheiden zwischen den reinen (operativen) Produktionskosten sowie den Investitionskosten, die zum Hochziehen der Mine benötigt werden. Diese "rump up"-Phase ist ja bei GDO noch nicht abgeschlossen und kostet dementsprechend noch Geld. Das findest du aber bei allen Juniorproduzenten.
Bei den aktuellen Produktionskosten ist zu berücksichtigen, daß diese basierend auf den ursprünglich kalkuklierten Währungsrelationen im Bereich von U$420/t lägen.
noch ein paar Heraushebungen aus dem Q-Bericht:
- Das Shareholder Meeting betreffs Einbringung von Goliath soll im März erfolgen
- Ende März soll die PFS für Ventersburg kommen
- Produktionsziel für das lfd Quartal wurde mit 25.000 oz bestätigt. Das sollte mit Blick auf den Wert des Q4/2010 auch machbar sein, da dieses festivitätsbedingt lediglich zu 91% ausgelastet wurde, d.h. bei einem "vollen" Quartal die Produktionsmenge bereits (rechnerisch) rund 10% höher gelegen hätte.
- Das Shareholder Meeting betreffs Einbringung von Goliath soll im März erfolgen
- Ende März soll die PFS für Ventersburg kommen
- Produktionsziel für das lfd Quartal wurde mit 25.000 oz bestätigt. Das sollte mit Blick auf den Wert des Q4/2010 auch machbar sein, da dieses festivitätsbedingt lediglich zu 91% ausgelastet wurde, d.h. bei einem "vollen" Quartal die Produktionsmenge bereits (rechnerisch) rund 10% höher gelegen hätte.
Gold One to dedicate resources to growth opportunities
http://www.miningweekly.com/article/gold-one-dedicates-resou…
...
http://www.miningweekly.com/article/gold-one-dedicates-resou…
...
http://www.miningmx.com/multimedia/podcasts/Maiden-profit.ht…
Andri Janse van Vuuren | Mon, 31 Jan 2011 16:39
[miningmx.com] --
GOLD One International on Monday reported a pre-tax profit of $18m (R132m) for its 2010 financial year, well in excess of what most predicted the group - whose key operating asset has yet to reach full operational capacity would achieve.
Most brokerages which follow the stock predicted a smaller profit and, in some instances, even a loss. However, the figure failed to spark a rally in the junior gold miners share.
The profit came courtesy of a continuing production ramp-up, which saw Gold One's combined cash and capital costs come in well below the prevailing gold price at $914 per ounce, equating to a margin in excess of $300/oz.
Perth-based Hartley's Limited as well as Investec Securities were among forecasters who underestimated Gold One's profitability for the year, predicting pre-tax figures of A$10.9m and A$6.6m respectively (the Australian currency is trading at around parity with the US dollar). "It was definitely a surprise to see the company posting a profit given that it is still in ramp-up," said a Johannesburg-based analyst. This is a good sign that these guys know exactly what they are doing.
Gold One CEO Neal Froneman said the ramp-up during the last two quarters of the year offered the company sufficient scale to make a mint out of the high gold price. Given that capital costs have already been spent, investors can expect substantial returns over the mine's lifespan.
Gold One achieved output of 21,480 oz in the quarter, accounting for almost a third of its 66,445 oz production during 2010. The output target for 2011 is 120,000 oz, of which 25,000 oz will be delivered in the first quarter.
"We have missed our targets before, but we are confident we will achieve what we have set out to do in 2011," said Froneman.
He said Modder East is already operating at a production rate of 8,000 oz per month, equating to an annualised figure of 96,000 oz. This will go up further as more panels become operational at the mine.
"An increase of on-reef development meant that sufficient reserves had been opened up to support the planned production profile for a period in excess of six months, should no further development take place," the group said.
Froneman said the lacklustre performance of the group's share price remained a disappointment. After the share touched a low of 159c during the third quarter of 2010, it surged to over 260c in the fourth quarter, only to lose ground slowly to 216c on Monday.
"I think the market wants to see sustainable delivery," said Froneman. "I guess it will take another two quarters of solid performance before we see some value returning."
He said the proposed offloading of its Megamine project into Goliath Gold remained on track, with White Water Resources shareholders expected to receive circulars and vote on the transaction before the end of the quarter.
According to the proposal, Gold One will acquire a major shareholding in White Water Resources, to be renamed Goliath Gold, after which it will offload Megamine into the new entity.
Andri Janse van Vuuren | Mon, 31 Jan 2011 16:39
[miningmx.com] --
GOLD One International on Monday reported a pre-tax profit of $18m (R132m) for its 2010 financial year, well in excess of what most predicted the group - whose key operating asset has yet to reach full operational capacity would achieve.
Most brokerages which follow the stock predicted a smaller profit and, in some instances, even a loss. However, the figure failed to spark a rally in the junior gold miners share.
The profit came courtesy of a continuing production ramp-up, which saw Gold One's combined cash and capital costs come in well below the prevailing gold price at $914 per ounce, equating to a margin in excess of $300/oz.
Perth-based Hartley's Limited as well as Investec Securities were among forecasters who underestimated Gold One's profitability for the year, predicting pre-tax figures of A$10.9m and A$6.6m respectively (the Australian currency is trading at around parity with the US dollar). "It was definitely a surprise to see the company posting a profit given that it is still in ramp-up," said a Johannesburg-based analyst. This is a good sign that these guys know exactly what they are doing.
Gold One CEO Neal Froneman said the ramp-up during the last two quarters of the year offered the company sufficient scale to make a mint out of the high gold price. Given that capital costs have already been spent, investors can expect substantial returns over the mine's lifespan.
Gold One achieved output of 21,480 oz in the quarter, accounting for almost a third of its 66,445 oz production during 2010. The output target for 2011 is 120,000 oz, of which 25,000 oz will be delivered in the first quarter.
"We have missed our targets before, but we are confident we will achieve what we have set out to do in 2011," said Froneman.
He said Modder East is already operating at a production rate of 8,000 oz per month, equating to an annualised figure of 96,000 oz. This will go up further as more panels become operational at the mine.
"An increase of on-reef development meant that sufficient reserves had been opened up to support the planned production profile for a period in excess of six months, should no further development take place," the group said.
Froneman said the lacklustre performance of the group's share price remained a disappointment. After the share touched a low of 159c during the third quarter of 2010, it surged to over 260c in the fourth quarter, only to lose ground slowly to 216c on Monday.
"I think the market wants to see sustainable delivery," said Froneman. "I guess it will take another two quarters of solid performance before we see some value returning."
He said the proposed offloading of its Megamine project into Goliath Gold remained on track, with White Water Resources shareholders expected to receive circulars and vote on the transaction before the end of the quarter.
According to the proposal, Gold One will acquire a major shareholding in White Water Resources, to be renamed Goliath Gold, after which it will offload Megamine into the new entity.
Ich bin ja mal gespannt, was bei GDO als Initialzuendung kommt,
(oder benötigt wird) um den Kurs endgültig expodieren zu lassen.
(oder benötigt wird) um den Kurs endgültig expodieren zu lassen.
Presentation - Indaba Site Visit on 4 February 2011
http://www.stocknessmonster.com/news-history?S=GDO&E=ASX&Yea…
http://www.stocknessmonster.com/news-history?S=GDO&E=ASX&Yea…
RBC note 31 December 2010 quarterlies 2 Feb 2011
Gold One International (ASX: GDO, Close: A$0.28/sh; Outperform, Above
Average Risk, Target Price: A$0.40/sh)
Quelle: http://www.gold1.co.za/index.php?option=com_docman&task=doc_…
Gold One International (ASX: GDO, Close: A$0.28/sh; Outperform, Above
Average Risk, Target Price: A$0.40/sh)
Quelle: http://www.gold1.co.za/index.php?option=com_docman&task=doc_…
Antwort auf Beitrag Nr.: 40.989.633 von XIO am 05.02.11 22:29:21Nicht einmal zu einem "BUY" kann er sich durchringen. Das Rating "Outperform" kann ich mit Blick auf das Geschriebene und vor dem Hintergrund der aktuellen Marktkapitalisierung (absolut wie auch in Relation zur Bewertung anderer Golproduzenten) nicht nachvollziehen. Ventersburg, Goliath, all das spiegelt sich in keinster Weise im Kurs wider.
Wenn GDO nur auf dem Stand des Dezemberquartals weiterproduzieren würde, entspräche dies bereits (bei aktuellen Preisen) einem jährlichen net op. CF in Höhe von über 33 Mio. Damit erscheint das Risiko doch äußerst überschaubar. Und bei Erreichen der Jahresziele (operating profit U$105 Mio, earnings U$59 Mio based on U$1234/oz) wäre die Bewertung geradezu lächerlich, wohlgemerkt immer ohne Ventersburg, Goliath.
Wenn GDO nur auf dem Stand des Dezemberquartals weiterproduzieren würde, entspräche dies bereits (bei aktuellen Preisen) einem jährlichen net op. CF in Höhe von über 33 Mio. Damit erscheint das Risiko doch äußerst überschaubar. Und bei Erreichen der Jahresziele (operating profit U$105 Mio, earnings U$59 Mio based on U$1234/oz) wäre die Bewertung geradezu lächerlich, wohlgemerkt immer ohne Ventersburg, Goliath.
Antwort auf Beitrag Nr.: 40.989.744 von MFC500 am 05.02.11 23:22:36naja... nehmen wir`s wie`s ist.. ne sicherere "nummer" gibts fast nicht
kaufstimmung im aussiland wird wieder optimistisch
nochmal was zu den Erwartungen:
http://www.businessday.co.za/Articles/Content.aspx?id=133673
Gold One produces first profit
Cash costs also fell from $484/oz for the year to December 2010 compared with $583/oz for 2009 ALISTAIR ANDERSON
Published: 2011/02/08 07:24:20 AM
JUNIOR miner Gold One produced its first annual pretax profit totalling $18m, for its financial year to December last year.
RBC Capital Markets analyst Leon Esterhuizen said the Johannesburg and Sydney-listed company has had a reputation of "having only one asset that works and then leaving the markets to work out what else it wishes to do with its money". That working asset is its Modder East mine in the east of Johannesburg.
But much progress has been made with respect to its performance and other aspects of the group, Gold One CEO Neal Froneman said at the JSE’s Mining Showcase yesterday.
The group now has operating assets in Modder East and Nigel and a pre-feasibility study is under way in Ventersburg, Mr Froneman said. In May 2009, Modder East had an estimated life span of eight years, but this has now been extended to 13 years.
Despite the profit, Mr Froneman said he planned to ramp up production at the Modder East mine after what he said had been "a difficult year". A five-week strike in April and operational issues in August meant Modder East only managed an output of 66445oz of gold. It had been expected to produce 100000oz.
The mine achieved a positive cash flow in January last year, six months after its first gold pour. Last year, the group also achieved a $14,8 m cash flow from operations and as at December 31, its cash and receivables were $11,5m, while there was zero bank debt.
Average cash costs also fell year-on-year from $484/oz for the year to December last year, compared with $583/oz for the year to December 2009. The group said these were lower than those of AngloGold Ashanti , Pan African , Gold Fields and Harmony.
Gold One remains confident that its "strategy of developing and mining low technical risk, high margin precious metal resources in mining friendly jurisdictions will pay off," Mr Froneman said.
Mr Esterhuizen said it was difficult to tell if Gold One would fulfil all of its promises but there were some positive signs regarding its project.
"For a while, they were not delivering close to the levels they said they would. Until the recent results, it was impossible to tell what was going on with the company but things are becoming clearer," he said.
He said he had noted there was a drop-off in the grade of products mined as processes picked up.
http://www.businessday.co.za/Articles/Content.aspx?id=133673
Gold One produces first profit
Cash costs also fell from $484/oz for the year to December 2010 compared with $583/oz for 2009 ALISTAIR ANDERSON
Published: 2011/02/08 07:24:20 AM
JUNIOR miner Gold One produced its first annual pretax profit totalling $18m, for its financial year to December last year.
RBC Capital Markets analyst Leon Esterhuizen said the Johannesburg and Sydney-listed company has had a reputation of "having only one asset that works and then leaving the markets to work out what else it wishes to do with its money". That working asset is its Modder East mine in the east of Johannesburg.
But much progress has been made with respect to its performance and other aspects of the group, Gold One CEO Neal Froneman said at the JSE’s Mining Showcase yesterday.
The group now has operating assets in Modder East and Nigel and a pre-feasibility study is under way in Ventersburg, Mr Froneman said. In May 2009, Modder East had an estimated life span of eight years, but this has now been extended to 13 years.
Despite the profit, Mr Froneman said he planned to ramp up production at the Modder East mine after what he said had been "a difficult year". A five-week strike in April and operational issues in August meant Modder East only managed an output of 66445oz of gold. It had been expected to produce 100000oz.
The mine achieved a positive cash flow in January last year, six months after its first gold pour. Last year, the group also achieved a $14,8 m cash flow from operations and as at December 31, its cash and receivables were $11,5m, while there was zero bank debt.
Average cash costs also fell year-on-year from $484/oz for the year to December last year, compared with $583/oz for the year to December 2009. The group said these were lower than those of AngloGold Ashanti , Pan African , Gold Fields and Harmony.
Gold One remains confident that its "strategy of developing and mining low technical risk, high margin precious metal resources in mining friendly jurisdictions will pay off," Mr Froneman said.
Mr Esterhuizen said it was difficult to tell if Gold One would fulfil all of its promises but there were some positive signs regarding its project.
"For a while, they were not delivering close to the levels they said they would. Until the recent results, it was impossible to tell what was going on with the company but things are becoming clearer," he said.
He said he had noted there was a drop-off in the grade of products mined as processes picked up.
Gold One Focused On Returning Cash, May Do So in 2011, CEO Says
09.02.11
Gold One’s business focus is on returning cash to shareholders, and the company may do so this year depending on results, Chief Executive Officer Neal Froneman said in a speech at the Mining Indaba conference in Cape Town today.
http://www.bloomberg.com/news/2011-02-09/gold-one-aims-to-re…
Die Aufnahme einer Dividendenzahlung wäre grundsätzlich ein positiver Aspekt, und bei Erreichen der Ziele auch problemlos finanzierbar, ohne die weitergehende Eigenfinanzierung des Unternehmens zu gefährden.
09.02.11
Gold One’s business focus is on returning cash to shareholders, and the company may do so this year depending on results, Chief Executive Officer Neal Froneman said in a speech at the Mining Indaba conference in Cape Town today.
http://www.bloomberg.com/news/2011-02-09/gold-one-aims-to-re…
Die Aufnahme einer Dividendenzahlung wäre grundsätzlich ein positiver Aspekt, und bei Erreichen der Ziele auch problemlos finanzierbar, ohne die weitergehende Eigenfinanzierung des Unternehmens zu gefährden.
Antwort auf Beitrag Nr.: 41.014.322 von MFC500 am 10.02.11 08:02:05Auf SH wird vermutet, daß irgendein grösserer Insti verkaufen muss, und deshalb der Kurs so sinnlos vor sich hin dümpelt.
Ob was dran ist... wir werden ja sehen.
Ob was dran ist... wir werden ja sehen.
Antwort auf Beitrag Nr.: 41.014.383 von XIO am 10.02.11 08:17:45PS, meinte natürlich nicht SH, sondern Hotcopper
Metal Heads, 2 Feb
Feb 02 2011 16:44
Fin24’s mining team gets an operational update on Gold One International from CEO Neal Froneman. Time: 13:46
Audio:
http://196.2.145.57/Multimedia/Podcasts/MetalHeads/Metal-Hea…
Feb 02 2011 16:44
Fin24’s mining team gets an operational update on Gold One International from CEO Neal Froneman. Time: 13:46
Audio:
http://196.2.145.57/Multimedia/Podcasts/MetalHeads/Metal-Hea…
Antwort auf Beitrag Nr.: 41.014.383 von XIO am 10.02.11 08:17:45Von derlei Spekulationen halte ich überhaupt nichts. Das kann man endlos und in jede gewünschte Richtung betreiben. Bringt aber nichts, zumal man doch meist dazu neigt, eine genehme Variante zu wählen. Warten wir lieber die nächsten Produktionsergebnisse ab.
So nochmal ein paar Shares in Depot gehüpft.
Ich kauf bei den Kursen einfach ständig nach.
Bin mittlerweile sehr überzeugt und guter Dinge, dass GDO sich gut entwickeln wird.
Wenn Line 3 startet und wir in Q3 die von Gold One prognostizierte Produktion erreichen, ist der Wert so was von unterbewertet.
Nach den Q4 results sieht es wirklich so aus, als könnte da was großes wachsen.
Ich kauf bei den Kursen einfach ständig nach.
Bin mittlerweile sehr überzeugt und guter Dinge, dass GDO sich gut entwickeln wird.
Wenn Line 3 startet und wir in Q3 die von Gold One prognostizierte Produktion erreichen, ist der Wert so was von unterbewertet.
Nach den Q4 results sieht es wirklich so aus, als könnte da was großes wachsen.
Antwort auf Beitrag Nr.: 41.015.824 von Haxe08 am 10.02.11 11:12:39denke auch, daß es das einzig vernünftige ist, was man momentan machen kann
wie sieht es denn hier aus??
ist die aktie zu empfehlen bzw. geht hie noch was?
suche noch eine goldmine mit potential....?!
knox
ist die aktie zu empfehlen bzw. geht hie noch was?
suche noch eine goldmine mit potential....?!
knox
hier ist nochmal ein etwas älterer, aber sehr umfassender Artikel zum Thema aus dem Jahr 2008
http://www.miningweekly.com/article/modder-east-unbelievably-profitable-ventersburg-really-promising-gold-one-2008-11-20
http://www.miningweekly.com/article/modder-east-unbelievably-profitable-ventersburg-really-promising-gold-one-2008-11-20
Zitat von Knox85: wie sieht es denn hier aus??
ist die aktie zu empfehlen bzw. geht hie noch was?
suche noch eine goldmine mit potential....?!
knox
Sag du es uns doch.....
Schau dir die Finanzberichte an, lies dich durch die Homepage und News und lass uns dann mal deine Meinung zu dem Wert wissen. Unsere kennst du ja, wenn du dich hier durchblätterst.
Oder würdest du die Aktie jetzt kaufen wenn ich schreibe die macht dausend Prozent?
Buy vs Sell = 1.2 vs 1.7 Mio shares
Antwort auf Beitrag Nr.: 41.023.329 von Haxe08 am 11.02.11 11:44:03das sind so die südafrikanischen quelereien mit dem ANC, daher finde ich es gut, wen GDO sich auch auserhalb nach was umschaut
Antwort auf Beitrag Nr.: 41.023.470 von XIO am 11.02.11 12:00:42sorry, dachte es geht um was anderes.-...
das mit der Flut hat sich quasi erledigt... da besteht keine gefahr.
das mit der Flut hat sich quasi erledigt... da besteht keine gefahr.
Antwort auf Beitrag Nr.: 41.023.644 von XIO am 11.02.11 12:22:30Hallo Xio,
Sorry mein Englisch ist wirklich nicht das Beste, daher habe ich diese News so gedeutet dass es Sub Nigel erwischt hat.
Gold One hatte ja angekündigt, falls dies eintritt das Trainingscenter zu Modder East zu verlagern.
Da steht doch drin das ein Schacht von Gold One (Sub Nigel) geflutet ist oder doch nicht? Kannst du mir das vielleicht besser deuten?
Sorry mein Englisch ist wirklich nicht das Beste, daher habe ich diese News so gedeutet dass es Sub Nigel erwischt hat.
Gold One hatte ja angekündigt, falls dies eintritt das Trainingscenter zu Modder East zu verlagern.
Da steht doch drin das ein Schacht von Gold One (Sub Nigel) geflutet ist oder doch nicht? Kannst du mir das vielleicht besser deuten?
Antwort auf Beitrag Nr.: 41.023.919 von Haxe08 am 11.02.11 12:54:17Sub Nigel ist erstens nur die Ausbildungs-Trainingsmine,
zweitens: die Pumpen werden einfach momentan nicht dringend benötigt, es könnte das Wasser theoretisch 5-6 Monate weiter so steigen, bis sie überhaupt erstmal Probleme hätten.
zweitens: die Pumpen werden einfach momentan nicht dringend benötigt, es könnte das Wasser theoretisch 5-6 Monate weiter so steigen, bis sie überhaupt erstmal Probleme hätten.
Der South African ZAR ist auch gerade über die 7,30$ gerutscht. Im Vergleich war er in Q4 bei 6,93$.
Das sollte die Cash Kosten in $ auch wieder ein bisschen drücken.
Erreicht man in Q1 die 25K Unzen bei einem Goldkurs von 1.350$ kann man einen Umsatz von knapp 34Mio Dollar erzielen.
Das wäre eine Umsatzsteigerung von 5Mio. Zusätzlich muss man keine Einmalzahlung für die Transaktionskosten Debt Facility von 2,2Mio mehr leisten. Da könnte schon ordentlich was hängen bleiben.
Das sollte die Cash Kosten in $ auch wieder ein bisschen drücken.
Erreicht man in Q1 die 25K Unzen bei einem Goldkurs von 1.350$ kann man einen Umsatz von knapp 34Mio Dollar erzielen.
Das wäre eine Umsatzsteigerung von 5Mio. Zusätzlich muss man keine Einmalzahlung für die Transaktionskosten Debt Facility von 2,2Mio mehr leisten. Da könnte schon ordentlich was hängen bleiben.
Antwort auf Beitrag Nr.: 41.024.052 von XIO am 11.02.11 13:12:06Dank dir
Antwort auf Beitrag Nr.: 41.023.329 von Haxe08 am 11.02.11 11:44:03eine etwas ausführlichere Berichterstattung:
http://www.mg.co.za/article/2011-02-11-aurora-puts-town-at-r…
http://www.mg.co.za/article/2011-02-11-aurora-puts-town-at-r…
Antwort auf Beitrag Nr.: 41.024.168 von MFC500 am 11.02.11 13:26:43hm. klingt fast so, als ob der Mandela Clan es drauf ankommen lässt, daß ihm Unterstützung gewährt wird
Antwort auf Beitrag Nr.: 41.024.168 von MFC500 am 11.02.11 13:26:43hab auch noch etwas gefunden:
http://www.businessday.co.za/articles/Content.aspx?id=133667
Euro zu Rand ca. 1:10 übrigens
http://www.oanda.com/lang/de/currency/converter/
http://www.businessday.co.za/articles/Content.aspx?id=133667
Euro zu Rand ca. 1:10 übrigens
http://www.oanda.com/lang/de/currency/converter/
Antwort auf Beitrag Nr.: 41.025.897 von XIO am 11.02.11 16:41:02PS: und das noch:
http://www.timeslive.co.za/business/article894319.ece/Most-A…
http://www.timeslive.co.za/business/article894319.ece/Most-A…
und noch was (interessante geschichte, wäre da nicht sogar was für GDO zu holen??? )
http://www.miningmx.com/news/gold_and_silver/Aurora-granted-…
http://www.miningmx.com/news/gold_and_silver/Aurora-granted-…
-- AURORA Empowerment Systems was given more time by the High Court in Pretoria on Friday to produce funding guarantees to buy the assets of financially stricken Pamodzi Gold, one of the liquidators said.
"The court has given them an extension until the 28th of February. By then, the guarantees are going to be issued by a Chinese company," one of the joint liquidators, Enver Motala, told Sapa.
"By then we will finalise this deal."
The judge had to decide on Friday if the final liquidation should go ahead or if Aurora should be given more time to produce funding guarantees.
und hier stehts nun wieder so, da soll nun mal schlau draus werden
"The water pumps were removed and have to be repaired. It’s a normal routine and going to cost R20 to-R30 million to repair them," he told Business Day.
"In one or two months the situation will be returned to normal."
http://www.businessday.co.za/articles/Content.aspx?id=134153
"The water pumps were removed and have to be repaired. It’s a normal routine and going to cost R20 to-R30 million to repair them," he told Business Day.
"In one or two months the situation will be returned to normal."
http://www.businessday.co.za/articles/Content.aspx?id=134153
Edison Gold One 040211update 7 Feb 2011
http://www.gold1.co.za/index.php?option=com_docman&task=doc_…
http://www.gold1.co.za/index.php?option=com_docman&task=doc_…
Clarification of Incorrect Media Articles
http://www.asx.com.au/asxpdf/20110214/pdf/41wrc4hphx6y2k.pdf
http://www.asx.com.au/asxpdf/20110214/pdf/41wrc4hphx6y2k.pdf
Sehr interessante Aktie...auf die Watch gepackt
Antwort auf Beitrag Nr.: 41.032.628 von Haxe08 am 13.02.11 23:31:32Sofortige und eindeutige Klarstellung, so wie´s immer sein sollte
auf TH geschlossen, das schaut gut für morgen aus!
in FFM heute mal nenneswert Umsatz, über 130.000 stück bislang.
Aus dem November 2010:
dr. clive roffey on gdo 5 bagger target
http://www.bullionbaron.com/2010/11/dr-clive-roffey-on-gold-…
Video ganz unten:
http://www.summit.co.za/current-show/roffeyreview/nov10.html
dr. clive roffey on gdo 5 bagger target
http://www.bullionbaron.com/2010/11/dr-clive-roffey-on-gold-…
Video ganz unten:
http://www.summit.co.za/current-show/roffeyreview/nov10.html
Antwort auf Beitrag Nr.: 41.057.612 von XIO am 17.02.11 12:53:06PS: Minute 8.20
Antwort auf Beitrag Nr.: 41.057.625 von XIO am 17.02.11 12:54:33PS: Minute 4.40 (das ganze Video ist doch nur 8.20 lang)
und noch ein Video vom Ende Januar 2011
Junior gold miner Gold One is steadily growing production and profits We speak to CEO Neal Froneman about the latest quarterly update
Added on 31-01-2011
http://multimedia.avusa.co.za//view_video.php?viewkey=767063…
Junior gold miner Gold One is steadily growing production and profits We speak to CEO Neal Froneman about the latest quarterly update
Added on 31-01-2011
http://multimedia.avusa.co.za//view_video.php?viewkey=767063…
Gute Nacht zusammen,
Ist schon krass, ein Produzent der mit 13 Dollar/Unze Gold bewertet ist. Das findet man nicht mal im Explorer Bereich.
Dazu noch ne Mine die unter 500Dollar/Unze produziert.
Schaut man sich mal die anderen Goldproduzenten an egal ob TSX oder ASX ist das mit Abstand der günstigstemeiner Meinung nach.
Und es sind ja nicht nur inferred sondern auch knapp 8Mio measured and indicated.
Bei Ventersburg wird die hohe Wirtschaftlichkeit wahrscheinlich noch dieses Quartal nachgewiesen. Megamine ist richtig fett und und und......
Ist schon krass, ein Produzent der mit 13 Dollar/Unze Gold bewertet ist. Das findet man nicht mal im Explorer Bereich.
Dazu noch ne Mine die unter 500Dollar/Unze produziert.
Schaut man sich mal die anderen Goldproduzenten an egal ob TSX oder ASX ist das mit Abstand der günstigstemeiner Meinung nach.
Und es sind ja nicht nur inferred sondern auch knapp 8Mio measured and indicated.
Bei Ventersburg wird die hohe Wirtschaftlichkeit wahrscheinlich noch dieses Quartal nachgewiesen. Megamine ist richtig fett und und und......
Antwort auf Beitrag Nr.: 41.062.545 von Haxe08 am 17.02.11 23:26:07Ich bin nicht so tief in der Materie drin, aber ich denke, das ist die Ursache für den noch gemächlichen Verlauf der Aktie:
Wie die Firmen ihre Projduktionsaufnahme finanzieren.
Die einen dilutieren, die anderen nehmen Kredit auf. (bzw. machen nen Mix)
Dilutierende Unternehmen profitieren, sobald die unangenehme Aktienschwemme verdaut ist, sofort vom Cahsflow und haben eben nur noch die reinen Operativen Kosten).
Reissen aber evtl einen Großteil der Altaktionäre temporär mit ins Minus.
Kreditfinanzierte, bekommen durch die Bank ja quasi einen Vertrauensbonus, halten die Aktenanzahl(einigermassen) in Grenzen, aber der schnelle Kursanstieg ab Produktionsaufnahme ist nicht zu erwarten, so lange die abzuzahlenden Kredite in die Kosten gehen.
Wie die Firmen ihre Projduktionsaufnahme finanzieren.
Die einen dilutieren, die anderen nehmen Kredit auf. (bzw. machen nen Mix)
Dilutierende Unternehmen profitieren, sobald die unangenehme Aktienschwemme verdaut ist, sofort vom Cahsflow und haben eben nur noch die reinen Operativen Kosten).
Reissen aber evtl einen Großteil der Altaktionäre temporär mit ins Minus.
Kreditfinanzierte, bekommen durch die Bank ja quasi einen Vertrauensbonus, halten die Aktenanzahl(einigermassen) in Grenzen, aber der schnelle Kursanstieg ab Produktionsaufnahme ist nicht zu erwarten, so lange die abzuzahlenden Kredite in die Kosten gehen.
Antwort auf Beitrag Nr.: 41.062.596 von XIO am 17.02.11 23:38:23Hallo xio,
Ja kann durchaus sein, dass dies aktuell noch hemmend auf den Kurs wirkt.
Aber ich denke die 1,25Mio pro Quartal sind verkraftbar und schmälern den Cash Flow nicht beachtlich. Und bei dem Cash Flow der 2011 und vor allem 2012 in die Kassen kommt hab ich keine Bedenken dass Gold One dies nicht stemmt. Ausserdem bin ich mir ziemlich sicher dass die Bond holders in ihre Option zu 0,38 wahrnehmen werden.
Warten wirs ab....
Ja kann durchaus sein, dass dies aktuell noch hemmend auf den Kurs wirkt.
Aber ich denke die 1,25Mio pro Quartal sind verkraftbar und schmälern den Cash Flow nicht beachtlich. Und bei dem Cash Flow der 2011 und vor allem 2012 in die Kassen kommt hab ich keine Bedenken dass Gold One dies nicht stemmt. Ausserdem bin ich mir ziemlich sicher dass die Bond holders in ihre Option zu 0,38 wahrnehmen werden.
Warten wirs ab....
Antwort auf Beitrag Nr.: 41.062.656 von Haxe08 am 17.02.11 23:55:14erklär mir mal bitte noch was zu den Bonds.. wer kann was.. und wie viel
Antwort auf Beitrag Nr.: 41.062.669 von XIO am 17.02.11 23:57:58Die Frage habe ich hier auch mal gestellt.
Also:
Die Bonds laufen bis Dezember 2012. Dann muss Gold One die 65Mio zurückgezahlt haben. Aktuell ist der Zinssatz bei 8,5% daher auch die 1,25Mio pro Quartal. Optional können die Bondholders aber auch Aktien zu 0,38 AUD nehmen. Gold One hätte so seine Schulden los aber dafür auch ca. 150Mio mehr Aktien outstanding.
MFC bitte korrigiere falls nicht korrekt.
So jetzt aber ab ins Bett.
Gute Nacht
Also:
Die Bonds laufen bis Dezember 2012. Dann muss Gold One die 65Mio zurückgezahlt haben. Aktuell ist der Zinssatz bei 8,5% daher auch die 1,25Mio pro Quartal. Optional können die Bondholders aber auch Aktien zu 0,38 AUD nehmen. Gold One hätte so seine Schulden los aber dafür auch ca. 150Mio mehr Aktien outstanding.
MFC bitte korrigiere falls nicht korrekt.
So jetzt aber ab ins Bett.
Gute Nacht
Antwort auf Beitrag Nr.: 41.062.722 von Haxe08 am 18.02.11 00:16:07danke!
Ob die Convertibles tatsächlich der Grund für den Kursverlauf sind - who konws? Ich bezweifle das, weil der Betrag keine problematische Größenordnung darstellt zumal er erst Ende 2012 fällig wird. Überdies hatte man bereits eine Kreditzusage, falls die Bondholder von ihrer Put-Option Ende 2010 Gebrauch gemacht hätten. Diese Finanzzusage wurde trotz bis dato unerfreulicher Performance (mit Blick auf die Einhaltung der Prognosen) erreicht. Insofern sehe ich grundsätzlich keine Schwierigkeiten, die Rückzahlung Ende 2012 falls erforderlich (zumindest teilweise) via Bankkredit zu leisten. Sollten die Produktions- und Ertragsziele erreicht werden, wäre eine überwiegende Tilgung aus dem CF problemlos möglich. Auch die laufenden Zinszahlungen sind mit Blick auf den CF zu vernachlässigen.
Ich gehe weiter davon aus, daß der wesentliche Grund für die letztlich enttäuschende Kursentwicklung die mehrfache Nichteinhaltung der Prognosen (siehe vorangegangene Postings) ist.
Ich gehe weiter davon aus, daß der wesentliche Grund für die letztlich enttäuschende Kursentwicklung die mehrfache Nichteinhaltung der Prognosen (siehe vorangegangene Postings) ist.
Hallo zusammen,
Wäre nett mal eure Meinung dazu zu hören.
Wie bewertet ihr das Läanderrisiko Süd Afrika?
http://bulawayo24.com/index-id-news-sc-africa-byo-1311-artic…
Im HC Forum wird darüber gerade diskutiert
Süd Afrika will die Minen verstaatlichen?
Naja Absoluter Bullshit oder könnte so etwas auch mit Gold One passieren und was passiert dann mit den Aktionären?
Wäre nett mal eure Meinung dazu zu hören.
Wie bewertet ihr das Läanderrisiko Süd Afrika?
http://bulawayo24.com/index-id-news-sc-africa-byo-1311-artic…
Im HC Forum wird darüber gerade diskutiert
Süd Afrika will die Minen verstaatlichen?
Naja Absoluter Bullshit oder könnte so etwas auch mit Gold One passieren und was passiert dann mit den Aktionären?
Antwort auf Beitrag Nr.: 41.067.370 von Haxe08 am 18.02.11 16:46:40ich habs ja auch schon mal geäussert, Südafrika ist nicht die Insel der Glückseeligen.
Derartige Quelereien gehen von der neuen schwarzen Elite aus.
Denen ist das Wohlergehen des Volkes genauso egal, wie in anderen korrupten Ländern.
Siehe Aurora Empowerment, dort sind Zuma und madela cloan tätig und es läuft chaotisch.
Die Option einer verstaatlichung würde SA ins Chaos stürzen, da eine Kapitalflucht ohne gleichen entstünde.
Ich glaub auch nicht daran, aber es nervt schon, wenn immer wieder Öl ins Feuer gegossen wird.
Kann mich noch gut an die Vorgänge um Moto Goldmines im Kongo erinnern, da gab es massive Manipulationen durch solche Lizenz-Gerüchte. So was kann eine Aktie schon beeinflussen und runterprügeln
SA ist nicht der Kongo... aber wenn der ANC seine Machtspielchen übertreibt, dann macht es irgendwann keinen Spass mehr, in Südafrika zu investieren.
siehe auch. http://www.miningweekly.com/article/mining-nationalisation-r…
Derartige Quelereien gehen von der neuen schwarzen Elite aus.
Denen ist das Wohlergehen des Volkes genauso egal, wie in anderen korrupten Ländern.
Siehe Aurora Empowerment, dort sind Zuma und madela cloan tätig und es läuft chaotisch.
Die Option einer verstaatlichung würde SA ins Chaos stürzen, da eine Kapitalflucht ohne gleichen entstünde.
Ich glaub auch nicht daran, aber es nervt schon, wenn immer wieder Öl ins Feuer gegossen wird.
Kann mich noch gut an die Vorgänge um Moto Goldmines im Kongo erinnern, da gab es massive Manipulationen durch solche Lizenz-Gerüchte. So was kann eine Aktie schon beeinflussen und runterprügeln
SA ist nicht der Kongo... aber wenn der ANC seine Machtspielchen übertreibt, dann macht es irgendwann keinen Spass mehr, in Südafrika zu investieren.
siehe auch. http://www.miningweekly.com/article/mining-nationalisation-r…
Antwort auf Beitrag Nr.: 41.067.680 von XIO am 18.02.11 17:17:06PS, da hab ich momentan in der Zentralafrikanischen Republik, also tiefste Dritte Welt oder in Westafrika diesbezüglich weniger Sorgen!
Antwort auf Beitrag Nr.: 41.067.370 von Haxe08 am 18.02.11 16:46:40Derzeit sehe ich keine Gefahr, allerdings muß man die Entwicklung natürlich beobachten. Bislang gab/gibt es vornehmlich seitens der Jugendorganisation entsprechende Forderungen, während die Inhaber der Macht das ablehnen. Aber allein das Aufkommen derartiger Gerüchte ist den Aktienkursen selbstverständlich abträglich. Und wenngleich die Logik jedem sagen müsste, daß ein derartiger Schuß nach hinten losginge, lässt sich das leider nicht ausschließen.
Antwort auf Beitrag Nr.: 41.063.086 von MFC500 am 18.02.11 08:14:05wie sehen eigentich die reportingintervalle aus .. nächste ´Quartalszahlen erst im April, oder sickern auch regelmässig die Monatszahlen durch?
Antwort auf Beitrag Nr.: 41.067.941 von XIO am 18.02.11 17:43:03sickern auch regelmässig die Monatszahlen durch?
Nein. In 2010 kamen die Q-Zahlen am 19.04.
Nein. In 2010 kamen die Q-Zahlen am 19.04.
Danke euch für die Antworten.
Könnte also auch das Länderrisiko der Hauptgrund für die Unterbewertung sein.
Gut eine GBG steht mit einer MK von über 1Mia da. Produziert in Süd Afrika und ist auch gerade in der Ramp up Phase. Wollen ne 400K Unzen/jahr Mine hochziehen. Ich hab den Wert allerdings noch nicht so studiert.
Könnte also auch das Länderrisiko der Hauptgrund für die Unterbewertung sein.
Gut eine GBG steht mit einer MK von über 1Mia da. Produziert in Süd Afrika und ist auch gerade in der Ramp up Phase. Wollen ne 400K Unzen/jahr Mine hochziehen. Ich hab den Wert allerdings noch nicht so studiert.
Antwort auf Beitrag Nr.: 41.068.755 von Haxe08 am 18.02.11 19:23:32Von Länderrisiko zu sprechen, das wäre momentan zu hoch gegriffen, die Gefahr einer "Venezualisierung" sehe ich nicht.
Developments in SA’s gold-mining industry
http://www.miningweekly.com/article/sa-gold-projects-2011-02…
http://www.miningweekly.com/article/sa-gold-projects-2011-02…
Gold One and White Water Resources
South Africa-focused Gold One and JSE-listed investment holding company White Water Resources have signed a binding acquisition agreement and have amended some of the conditions precedent on their original deal involving gold exploration and development company Goliath Gold.
However, change of control will be dependent on Gold One obtaining approval from the Department of Mineral Resources for the transfer of the mining rights.
First-phase drilling results at Gold One’s flagship Modder East mine, on the East Rand, have demonstrated an extension of the high-grade shoreline currently being mined.
The results confirm the continuous nature of the orebody and indicate that the high-grade shoreline also extends to the north-eastern areas of the mine. Gold One reported that it had 8,60-million ounces in the measured and indicated resources categories and 13,11-million ounces in the inferred category.
Antwort auf Beitrag Nr.: 41.069.569 von XIO am 18.02.11 21:42:04Nochmal:
However, change of control will be dependent on Gold One obtaining approval from the Department of Mineral Resources for the transfer of the mining rights.
Nur eine obligatorische Angelegenheit oder gibt es Bedenken?
However, change of control will be dependent on Gold One obtaining approval from the Department of Mineral Resources for the transfer of the mining rights.
Nur eine obligatorische Angelegenheit oder gibt es Bedenken?
Antwort auf Beitrag Nr.: 41.069.588 von XIO am 18.02.11 21:44:30m.E. obligatorisch
Guten Abend,
Hier mal 2 Analystenmeinungen auf der GDO Homepage vom 23.02.2011
http://www.gold1.co.za/index.php?option=com_docman&task=cat_…
Buy mit Target 0,45AUD
http://www.gold1.co.za/index.php?option=com_docman&task=cat_…
Outperform mit 12Month Target: 2,78 Rand Witz!
Ich versuche auch als Investierter immer objektiv zu bleiben, aber ich habe da andere Kursziele....
Hier mal 2 Analystenmeinungen auf der GDO Homepage vom 23.02.2011
http://www.gold1.co.za/index.php?option=com_docman&task=cat_…
Buy mit Target 0,45AUD
http://www.gold1.co.za/index.php?option=com_docman&task=cat_…
Outperform mit 12Month Target: 2,78 Rand Witz!
Ich versuche auch als Investierter immer objektiv zu bleiben, aber ich habe da andere Kursziele....
25 February 2011
Gold One is pleased to announce that White Water Resources shareholders are expected to vote to approve the creation of Goliath Gold Mining Limited on 22 March 2011. In anticipation of White Water Resources shareholder approval, Gold One, as future majority shareholder of Goliath Gold, has finalised the structure of Goliath Gold’s intended future board. The board will be made up of six directors, of whom two will be executive directors and four will be non-executive directors. Three of the four non-executive directors will also be independent. With effect from the first business day after White Water Resources’ general meeting, assuming shareholder approval, the following directors will be appointed to the board:
· Mark Wheatley, as non-executive chairman. Mark is the current chairman of Gold One. Gold One is the future majority shareholder of White Water Resources.
· Neal Froneman, as CEO. Neal is the current CEO of Gold One.
· Christopher Chadwick, as CFO. Christopher is the current CFO of Gold One.
· David Hodgson, as an independent non-executive. David is a director on a number of boards as well as former chief operating officer of AngloGold Ashanti Limited.
· Phil Lambert, as an independent non-executive. Phil is a consultant and former company director as well as former head of geology (operations) of Gold Fields Limited.
· Keith Rayner, as an independent non-executive. Keith is a director on a number of boards and currently runs a corporate finance training and consultancy corporation.
In anticipation of transaction implementation, White Water Resources is to be renamed Goliath Gold. Gold One, as majority shareholder, will assume managerial and operational control over Goliath Gold.
An agreement between White Water Resources and Gold One to enter into a reverse takeover was announced on 13 October and 12 November 2010. In terms thereof, White Water Resources is to acquire Gold One’s medium-depth mining assets, collectively known as Megamine. Megamine, which is located east of Johannesburg, comprises Gold One’s operating Sub Nigel mine and the Vlakfontein, West Vlakfontein and Spaarwater prospecting areas, totalling 16 056 hectares.
In late 2010, White Water announced that the company had successfully raised approximately ZAR 13.5 million in capital via the placement of shares with institutional shareholders. Equity was raised at ZAR 0.25 per share, which at the time was a premium of between 16.8% and 21.9% to the volume weighted average traded price of White Water Resources ordinary shares (measured over the 30 business days prior to the signature dates of the various subscription agreements).
The capital raised has been and will be used for exploration funding and general corporate purposes.
Incoming White Water Resources CEO and current Gold One CEO Neal Froneman comments: “We have assembled a first class board with significant and appropriate experience. I am also extremely pleased with the support the capital raise has received. The new Goliath Gold team welcomes the new shareholders on board and looks forward to creating significant value in the medium-depth Megamine assets.”
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=5308…
Goliath Gold - Joint Declaration Data Announcement
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=5308…
Gold One is pleased to announce that White Water Resources shareholders are expected to vote to approve the creation of Goliath Gold Mining Limited on 22 March 2011. In anticipation of White Water Resources shareholder approval, Gold One, as future majority shareholder of Goliath Gold, has finalised the structure of Goliath Gold’s intended future board. The board will be made up of six directors, of whom two will be executive directors and four will be non-executive directors. Three of the four non-executive directors will also be independent. With effect from the first business day after White Water Resources’ general meeting, assuming shareholder approval, the following directors will be appointed to the board:
· Mark Wheatley, as non-executive chairman. Mark is the current chairman of Gold One. Gold One is the future majority shareholder of White Water Resources.
· Neal Froneman, as CEO. Neal is the current CEO of Gold One.
· Christopher Chadwick, as CFO. Christopher is the current CFO of Gold One.
· David Hodgson, as an independent non-executive. David is a director on a number of boards as well as former chief operating officer of AngloGold Ashanti Limited.
· Phil Lambert, as an independent non-executive. Phil is a consultant and former company director as well as former head of geology (operations) of Gold Fields Limited.
· Keith Rayner, as an independent non-executive. Keith is a director on a number of boards and currently runs a corporate finance training and consultancy corporation.
In anticipation of transaction implementation, White Water Resources is to be renamed Goliath Gold. Gold One, as majority shareholder, will assume managerial and operational control over Goliath Gold.
An agreement between White Water Resources and Gold One to enter into a reverse takeover was announced on 13 October and 12 November 2010. In terms thereof, White Water Resources is to acquire Gold One’s medium-depth mining assets, collectively known as Megamine. Megamine, which is located east of Johannesburg, comprises Gold One’s operating Sub Nigel mine and the Vlakfontein, West Vlakfontein and Spaarwater prospecting areas, totalling 16 056 hectares.
In late 2010, White Water announced that the company had successfully raised approximately ZAR 13.5 million in capital via the placement of shares with institutional shareholders. Equity was raised at ZAR 0.25 per share, which at the time was a premium of between 16.8% and 21.9% to the volume weighted average traded price of White Water Resources ordinary shares (measured over the 30 business days prior to the signature dates of the various subscription agreements).
The capital raised has been and will be used for exploration funding and general corporate purposes.
Incoming White Water Resources CEO and current Gold One CEO Neal Froneman comments: “We have assembled a first class board with significant and appropriate experience. I am also extremely pleased with the support the capital raise has received. The new Goliath Gold team welcomes the new shareholders on board and looks forward to creating significant value in the medium-depth Megamine assets.”
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=5308…
Goliath Gold - Joint Declaration Data Announcement
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=5308…
Hallo zusammen,
Sub Nigel 1, die "Trainingsmine" auch Goliath Gold in Zukunft?
Gehört ja zu Megamine.
Ich wa rnicht zu faul zum Lesen. Mein schlechtes Englisch mal wieder..
Sub Nigel 1, die "Trainingsmine" auch Goliath Gold in Zukunft?
Gehört ja zu Megamine.
Ich wa rnicht zu faul zum Lesen. Mein schlechtes Englisch mal wieder..
Antwort auf Beitrag Nr.: 41.108.282 von Haxe08 am 25.02.11 16:39:43Sub Nigel wird bei Zustandekommen der Ausgliederung zu Goliath gehören
Antwort auf Beitrag Nr.: 41.108.735 von MFC500 am 25.02.11 17:31:07Dank dir
Guten morgen zusammen,
Ich muss einfach nochmal was zu Sub Nigel 1 fragen:
Wenn ich das richtig entziffern konnte, bleibt Sub Nigel 1 das Trainings centre für Modder East aber gehört Goliath Gold?
Ich muss einfach nochmal was zu Sub Nigel 1 fragen:
Wenn ich das richtig entziffern konnte, bleibt Sub Nigel 1 das Trainings centre für Modder East aber gehört Goliath Gold?
Antwort auf Beitrag Nr.: 41.111.177 von Haxe08 am 26.02.11 12:08:37Korrekt. So heißt es in der Verlautbarung vom 13.10.10:
Sub Nigel, which has been used as a training centre in the build up to full production at Gold One’s Modder East mine, will continue to operate as such.
Es ist ja ohnehin so, daß GDO 74% an Goliath halten wird.
Sub Nigel, which has been used as a training centre in the build up to full production at Gold One’s Modder East mine, will continue to operate as such.
Es ist ja ohnehin so, daß GDO 74% an Goliath halten wird.
28.02.11
2010 Annual Financial Results
Profit before taxation of U$ 17.74 million (A$ 19.35 million)
Cash generated from operations of U$ 32.85 million (A$ 35.83 million)
Capital expenditure of U$ 31.46 million (A$ 34.31 million) (equates to US$ 474 per ounce)
2011 earnings guidance of US$ 59 million
ausführlich: http://www.asx.com.au/asxpdf/20110228/pdf/41x2x37sbpbfn7.pdf
2010 Annual Financial Results
Profit before taxation of U$ 17.74 million (A$ 19.35 million)
Cash generated from operations of U$ 32.85 million (A$ 35.83 million)
Capital expenditure of U$ 31.46 million (A$ 34.31 million) (equates to US$ 474 per ounce)
2011 earnings guidance of US$ 59 million
ausführlich: http://www.asx.com.au/asxpdf/20110228/pdf/41x2x37sbpbfn7.pdf
Antwort auf Beitrag Nr.: 41.114.768 von MFC500 am 27.02.11 22:51:01das wird ein interessantes KGV-Forecast für 2011
Antwort auf Beitrag Nr.: 41.114.952 von XIO am 28.02.11 00:24:26Basierend auf den derzeit ausstehenden 807 Mio Aktien ergäbe sich ein EPS von 7,3 US-Cent bzw 7,2 A-Cent, d.h. ein KGV von 4,7. Unter Einschluss der rund 90 Mio Optionen betrüge das KGV entsprechend 5,3. Positiv an der Prognose sehe ich den unterstellten Goldpreis von U$1234/oz. Dieser Abschlag zum aktuellen Preis bietet einerseits Upside-Potential, andererseits eine Reserve, sollten sich die Wechselkurs ungünstig für GDO entwickeln (jeweils im Jahresverlauf zumindest gleichbleibende Kurse unterstellt). Und natürlich einen immerhin 8%-igen Puffer im Falle sinkender Goldpreise. Sicher nicht übermäßig konservativ, aber es zeigt, welches Gewinnpotential bei entsprechenden Preisen besteht. Und bei dieser ohnehin schon günstigen Bewertung, vorbehaltlich der Zielereichung versteht sich, finden Ventersburg und Goliath keinerlei Berücksichtigung.
Antwort auf Beitrag Nr.: 41.117.893 von MFC500 am 28.02.11 14:00:09Hallo,
Wie kommt man denn eigentlich auf 59Mio?
+ 1234*120K OZ = 148Mio$ Umsatz
- 417*120K Oz = 50Mio$ Modder east Cash Kosten
- 10Mio$ Sub Nigel (geschätzt)
- 5Mio$ Zinsen 8% von 62Mio
- 15Mio$ General and administrative (2010)
- 5Mio$ Exploration (Geschätzt 2010:4Mio)
- (42Mio$ ramp up Modder east?)
+ 63Mio$ ( 21Mio$)
Auf was ich hinaus will: was ist mit den 42Mio$ die in 2011 in modder east gesteckt werden sollen?
Die sind in den 59Mio$ ja nicht mit drin als Ausgaben oder doch?
In 2010 hatten wir z.B. ein Gewinn von 14,5Mio$ nach Steuern. Da sind doch aber die Investitionskosten in Modder east gar nicht drin. Deshalb auch Cash Flow negativ oder?
Dann auch so was wie "Cash paid to suppliers and employees".
Wo fließen die jetzt rein? Teil modder east direkte Cash Kosten. Teil in general und administrative. Teil in Sub Nigel?
Oh je ich hätte so viele Fragen zu diesen Zahlen. Kurze Erklärung wäre echt super nett.
Muss ich mir jetzt gleich ein Buch kaufen oder gibts so was auch kurz zusammengefasst erklärt?
Wie kommt man denn eigentlich auf 59Mio?
+ 1234*120K OZ = 148Mio$ Umsatz
- 417*120K Oz = 50Mio$ Modder east Cash Kosten
- 10Mio$ Sub Nigel (geschätzt)
- 5Mio$ Zinsen 8% von 62Mio
- 15Mio$ General and administrative (2010)
- 5Mio$ Exploration (Geschätzt 2010:4Mio)
- (42Mio$ ramp up Modder east?)
+ 63Mio$ ( 21Mio$)
Auf was ich hinaus will: was ist mit den 42Mio$ die in 2011 in modder east gesteckt werden sollen?
Die sind in den 59Mio$ ja nicht mit drin als Ausgaben oder doch?
In 2010 hatten wir z.B. ein Gewinn von 14,5Mio$ nach Steuern. Da sind doch aber die Investitionskosten in Modder east gar nicht drin. Deshalb auch Cash Flow negativ oder?
Dann auch so was wie "Cash paid to suppliers and employees".
Wo fließen die jetzt rein? Teil modder east direkte Cash Kosten. Teil in general und administrative. Teil in Sub Nigel?
Oh je ich hätte so viele Fragen zu diesen Zahlen. Kurze Erklärung wäre echt super nett.
Muss ich mir jetzt gleich ein Buch kaufen oder gibts so was auch kurz zusammengefasst erklärt?
http://www.businesslive.co.za/incoming/2011/02/28/gold-one-d…
"The company has also increased its management capacity, aimed at better evaluating external opportunities in gold as well as in other precious metals, he concluded."
na da bin ich ja mal gespannt...
"The company has also increased its management capacity, aimed at better evaluating external opportunities in gold as well as in other precious metals, he concluded."
na da bin ich ja mal gespannt...
Antwort auf Beitrag Nr.: 41.119.489 von Haxe08 am 28.02.11 17:43:01http://www.iol.co.za/business/markets/south-africa/jse-flat-…
"Operating profit before finance costs was $22.88 million from gold revenue of $81.91 million, compared with a 2009 operating loss of $19.53 million."
"Operating profit before finance costs was $22.88 million from gold revenue of $81.91 million, compared with a 2009 operating loss of $19.53 million."
Antwort auf Beitrag Nr.: 41.117.893 von MFC500 am 28.02.11 14:00:09hast du Kenntnis, was bei der Aurora Mine nebenan für Resourcen vorhanden sind?
es könnte ja möglich sein daß.... http://www.eyewitnessnews.co.za/articleprog.aspx?id=60524
es könnte ja möglich sein daß.... http://www.eyewitnessnews.co.za/articleprog.aspx?id=60524
Antwort auf Beitrag Nr.: 41.119.489 von Haxe08 am 28.02.11 17:43:01Auf was ich hinaus will: was ist mit den 42Mio$ die in 2011 in modder east gesteckt werden sollen?
Diese Kosten gehen nicht direkt in die GuV ein, sondern werden kapitalisiert Siehe http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=5310… Seite 61 (1.6.1) und Seite 85
Diese Kosten gehen nicht direkt in die GuV ein, sondern werden kapitalisiert Siehe http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=5310… Seite 61 (1.6.1) und Seite 85
Antwort auf Beitrag Nr.: 41.120.443 von XIO am 28.02.11 19:46:58dazu kann ich nichts sagen. Beschäftige mich aber auch nicht mit ungelegten Eiern. Grundsätzlich würde ich es bevorzugen, wenn sie ihre Energie darauf verwenden, die gesteckten Ziele zu erreichen. Dann könnte 2011 ein sehr gutes Jahr für die GDO-Aktie werden (entsprechende Goldpreise vorausgesetzt). Ein KGV von 5, mögliche Dividendenzahlung und die beiden anderen Schmankerln eröffnen wahrlich genug Potential. Damit hat der Kurs schon genug zu tun; noch mehr Phantasie verkraftet der nicht
Antwort auf Beitrag Nr.: 41.120.822 von MFC500 am 28.02.11 20:38:33ne, das wöllte ich auch nicht... jetzt soll erstmal bissl gewinn reinkommen
Antwort auf Beitrag Nr.: 41.120.781 von MFC500 am 28.02.11 20:33:14Danke MFC, Habs geschnallt.
Aktuell rutscht der Zar wieder unter die 7.00$ Marke. Die 59Mio$ wurden bei einem Wechselkurs von 7,69$ angesetzt. Also aktuell gerade fast 10% stärker, also 10% mehr Lohn, Energie usw. in $
Klar Gold auf 1.400$ das passt noch
Schönen Abend
Aktuell rutscht der Zar wieder unter die 7.00$ Marke. Die 59Mio$ wurden bei einem Wechselkurs von 7,69$ angesetzt. Also aktuell gerade fast 10% stärker, also 10% mehr Lohn, Energie usw. in $
Klar Gold auf 1.400$ das passt noch
Schönen Abend
Antwort auf Beitrag Nr.: 41.120.412 von XIO am 28.02.11 19:43:25Ein Danke natürlich auch an dich Xio
http://www.businessday.co.za/articles/Content.aspx?id=135857
Gold One expects rise in earnings, output
Mine forecasts earnings of $59m for this year, as the mine reaches 120000oz of gold this year.
ALLAN SECCOMBE
Published: 2011/03/01 07:44:34 AM
GOLD One, which is ramping up production at its Modder East mine near Johannesburg, forecast earnings of $59m for this year, as the mine reaches 120000oz of gold this year.
Gold One generated pretax profit of $17,7m last year. It missed its production target, with output of 66445oz after a strike last year. The ASX- and JSE-listed company generated $33m in cash.
The earnings forecast for this year is based on 120000oz of production, an average gold price of $1234/oz and a rand-dollar exchange rate of R7,69.
If it achieved those earnings it would pay a dividend, CEO Neal Froneman said yesterday. "There are some of our shareholders who are saying we should have paid a dividend for 2010, but the board argued we are still in ramp-up mode." A dividend policy would be formulated over coming months.
Modder East will have annual output of 150000oz from next year for three years.
Gold One will spend this year exploring a contiguous property called Modder North. The key to exploiting an ore body in this region was not to break through into historical workings nearby and keep the working area dry, Mr Froneman said. "If we uncover a decent-sized resource it will not be difficult to expand the plant."
Gold One is to release results of a pre-feasibility study into the Ventersburg exploration project in the second quarter of this year. This could be its second mine.
Gold One expects rise in earnings, output
Mine forecasts earnings of $59m for this year, as the mine reaches 120000oz of gold this year.
ALLAN SECCOMBE
Published: 2011/03/01 07:44:34 AM
GOLD One, which is ramping up production at its Modder East mine near Johannesburg, forecast earnings of $59m for this year, as the mine reaches 120000oz of gold this year.
Gold One generated pretax profit of $17,7m last year. It missed its production target, with output of 66445oz after a strike last year. The ASX- and JSE-listed company generated $33m in cash.
The earnings forecast for this year is based on 120000oz of production, an average gold price of $1234/oz and a rand-dollar exchange rate of R7,69.
If it achieved those earnings it would pay a dividend, CEO Neal Froneman said yesterday. "There are some of our shareholders who are saying we should have paid a dividend for 2010, but the board argued we are still in ramp-up mode." A dividend policy would be formulated over coming months.
Modder East will have annual output of 150000oz from next year for three years.
Gold One will spend this year exploring a contiguous property called Modder North. The key to exploiting an ore body in this region was not to break through into historical workings nearby and keep the working area dry, Mr Froneman said. "If we uncover a decent-sized resource it will not be difficult to expand the plant."
Gold One is to release results of a pre-feasibility study into the Ventersburg exploration project in the second quarter of this year. This could be its second mine.
Antwort auf Beitrag Nr.: 41.125.496 von XIO am 01.03.11 14:26:13Nix Dividende. Erst mal modder east hochziehen. Ich fände ab 21012 völlig ausreichend.
PS: Knackt Gold heute das ATH? Wird spannend, hoffentlich brennt es durch und prallt nicht schon wieder ab.
PS: Knackt Gold heute das ATH? Wird spannend, hoffentlich brennt es durch und prallt nicht schon wieder ab.
Morgen nochmal so und der Ausbruch wäre perfekt
interessanter Artikel:
Gold Deposits: The Quartz-Pebble Conglomerates
http://goldinvestingnews.com/12536/gold-deposits-the-quartz-…
Gold Deposits: The Quartz-Pebble Conglomerates
http://goldinvestingnews.com/12536/gold-deposits-the-quartz-…
GROOTVLEI and Orkney open to offers
http://www.miningmx.com/news/gold_and_silver/Grootvlei-Orkne…
wir wollen es eigentlich nicht.. aber nichts ist unmöglich, daher stelle ich`s mal rein
http://www.miningmx.com/news/gold_and_silver/Grootvlei-Orkne…
wir wollen es eigentlich nicht.. aber nichts ist unmöglich, daher stelle ich`s mal rein
Antwort auf Beitrag Nr.: 41.152.747 von XIO am 05.03.11 15:25:53Ob das ein guter Deal wäre, vermag ich mangels Kenntnisse der beiden Minen nicht einzuschätzen. Wenn Aurora diese aber unbedingt haben will, sollte GDO tunlichst die Finger davon lassen. Wie heißt es in dem Artikel: “The Num is disappointed that the whole scenario fits a mafia soapie in which none of the government departments nor the courts are able to reach a conclusion.” Das Risiko, hier eine Menge Geld zu verbraten und am Ende doch mit leeren Händen dazustehen, erscheint mir kaum kalkulierbar. Davon abgesehen hat GDO genügend Eisen im Feuer.
Froneman ready for giant leap
http://www.timeslive.co.za/sundaytimes/article949972.ece/Fro…
http://www.timeslive.co.za/sundaytimes/article949972.ece/Fro…
Mar 5, 2011 11:42 PM | By LUCKY BIYASE
Neal Froneman, chief executive at Gold One International, plans to inject up to 20million ounces of gold resources into JSE-listed investment holding company White Water Resources.
Share
But first shareholders must approve his plan to swap Gold One's Megamine gold assets for a 74% stake in White Water.
After the deal has gone through, White Water Resources will be renamed Goliath Gold. Gold One, as a majority shareholder, will assume managerial and operational control over Goliath Gold.
Froneman believes his plan to form Goliath Gold is "a done deal". The investment community has shown enthusiasm for the deal as White Water's share price has almost doubled to 33c from 17c.
"This is an indication that we are going to receive a strong 'yes' vote from the shareholders of White Water Resources," said Froneman.
Froneman said it was too early to attribute specific profits to the medium-depth Megamine assets, but added: "We have assembled a first-class board and the new Goliath Gold team looks forward to creating significant value with the Megamine assets."
Cash costs per ounce are expected to be around the $700 mark.
Megamine operates the Sub Nigel mine and Vlakfontein, West Vlakfontein and Spaarwater prospecting areas, all of which are on the East Rand.
For the full year's production, Gold One's Modder East assets, which began exploration in 2003, posted an $18-million profit.
"This is because of the simple nature of the mine. It is shallow, quick and easy to operate and its ore body is continuous," Froneman said.
He said Gold One's strategy had always been to develop shallow gold mine assets that ensured workers could work easily and move to production fast.
Gold One's adjacent Sub Nigel mine is used as a training centre in the build-up of Modder East to full production but is also generating profit. Other projects include Ventersburg in the Free State goldfields, the Etendeka greenfield project in Namibia and Tulo concession in Mozambique. Froneman says the company's production ensures a dividend at the end of this financial year.
"Our aim has always been to return cash to investors quickly. We are planning to pay the dividend at the end of the financial year," Froneman said.
He said the new project, which initially had an annual projected resource of 12million ounces, has been revised to ramp up to between 15 and 20million ounces per annum.
Late last year, White Water indicated that the company had successfully raised about R13.5-million through the placement of shares with institutional investors at 25c each. The money is funding exploration and other operational purposes for the new Goliath project.
Percy Takunda, an analyst at Imara SP Reid, said: "They still need to do bankable feasibility study but just like any other mining project, time will tell on the ounces and mine development.
"The company has quite a potential as it is in a completely different geographical area, far from all the mines that are under threat of flooding."
Antwort auf Beitrag Nr.: 41.153.818 von XIO am 06.03.11 03:48:26"This is because of the simple nature of the mine. It is shallow, quick and easy to operate and its ore body is continuous," Froneman said.
So ein Sprücheklopfer. Warum wurde dann mehrfach die Guidance nicht eingehalten, wenn alles so "easy" ist? Sei´s drum, für mich ist das nicht ungewöhnlich, wenn eine neue mining operation mit Startschwierigkeiten kämpft, zumal bei underground mining. Aber die schlauen Sprüch könnte er sich schon sparen; da fühlt man sich ein Stück weit verar...
So ein Sprücheklopfer. Warum wurde dann mehrfach die Guidance nicht eingehalten, wenn alles so "easy" ist? Sei´s drum, für mich ist das nicht ungewöhnlich, wenn eine neue mining operation mit Startschwierigkeiten kämpft, zumal bei underground mining. Aber die schlauen Sprüch könnte er sich schon sparen; da fühlt man sich ein Stück weit verar...
Antwort auf Beitrag Nr.: 41.154.122 von MFC500 am 06.03.11 10:58:41Wann war noch mal genau der termin, an dem die Golitah Sache klar gemacht wird?
ich werd mir wohl noch schnell ein paar weitere shares ins Lager legen
ich werd mir wohl noch schnell ein paar weitere shares ins Lager legen
Antwort auf Beitrag Nr.: 41.154.462 von XIO am 06.03.11 13:40:06siehe #220
ok, thx.. denke, erst danach geht es richtig ab, wenn alles 100%-ig in sack und tüten ist
Antwort auf Beitrag Nr.: 41.155.229 von XIO am 06.03.11 20:01:27wir werden sehen. Ich denke nicht, daß das einen größeren Schub gibt. Entscheidender dürften die kommenden Q-Zahlen sein. Sollte diesmal die Planung erreicht und zudem die Jahresprognose bekräftigt werden, dann sehe ich gute Chancen, daß der Zug Fahrt aufnimmt. Aber das ist alles Spekulation.
Antwort auf Beitrag Nr.: 41.155.273 von MFC500 am 06.03.11 20:18:10die abfolge wird gut.. erst goliath und dann die quartalszahlen... wenn das nicht ordentlich zieht....
Antwort auf Beitrag Nr.: 41.155.433 von XIO am 06.03.11 21:36:58und die Ventersburg-Studie!
wollte vll. in diesen wert ein paar euros investieren, kann mir jemand eine kurze zusammenfassung geben über
gewinn?
mienen?
was heißt golitah sache?
aussichten?
was eventuell ein Hemmpolster ist?
danke knorrel
gewinn?
mienen?
was heißt golitah sache?
aussichten?
was eventuell ein Hemmpolster ist?
danke knorrel
Antwort auf Beitrag Nr.: 41.156.414 von knorrel am 07.03.11 09:56:10du findest alle relevanten Infos hier im Thread. Lesen musst du sie aber selbst; die letzten 100 Postings dürften genügen. Soviel Zeit solltest du für DEIN Geld schon investieren
Ich werde bei GDO nochmal was ordern, will meine Position verdoppeln, wahrscheinlich schlag ich bei MTE auch nochmal zu.
Antwort auf Beitrag Nr.: 41.161.087 von XIO am 07.03.11 20:50:23soeben erledigt
Antwort auf Beitrag Nr.: 41.156.559 von MFC500 am 07.03.11 10:16:21Kannst du mir mal bitte die heutige Meldung erläutern, ich habe da Defizite
THX
THX
Antwort auf Beitrag Nr.: 41.168.201 von XIO am 09.03.11 07:04:07PS. ich meine speziell das Formular Appendix 3B
Antwort auf Beitrag Nr.: 41.168.202 von XIO am 09.03.11 07:05:56da wurden 400 Optionen zu 50 Cent ausgeübt. Was das soll, verstehe ich auch nicht
viel interessanter ist ohnehin der Appendix 3Y. Froneman hat 1,5 Mio dieser Futures zu umgerechnet 36,6 A-Cent erworben. Das ist doch mal eine Hausnummer
Antwort auf Beitrag Nr.: 41.168.333 von MFC500 am 09.03.11 07:55:04yo, diese Summe kann man durchaus "respektabel" nennen
ebenfalls aus HC:
31-12-10
Director Ken Winters Super Fund bought 100,000 Ordinary Shares On Market @ .335 to add to his 81,250 (indirect) & 77,002 (Direct) Ordinary Shares & 2,998,101 Options (Direct) An increase in Ordinary Share holding of near 63%
30-12-10
Director Barry Davison directly bought 200,000 Ordinary Shares On Market @ ZAR 2.40 to add to his 300,000 Ordinary Shares & 1,950,000 Options already held. An increase in Ordinary Share holding of near 66%
30-12-10
Director Ken Dicks directly bought 75,000 Ordinary Shares On Market @ ZAR 2.39 to add to his 100,000 Ordinary Shares & 2,690,171 Options already held. An increase in Ordinary Share holding of 75%
30-12-10
Director Mark Wheatleys Super Fund bought 120,000 Ordinary Shares On Market @ .335 to add to the his other indirectly held 392,500 Ordinary Shares and inderectly/directly held Options. Mr Wheatley doesnt directly hold any GDO Ordinary Shares. An increase in Ordinary Share holding of near on 30%.
22-12-10
Director Bill Harris bought 200,000 Ordinary shares On Market @ .328 to add to the 2,250,000 Options he already held. Bill Harris did not already hold Ordinary Shares."
Some big buy ins and the % increase in holdings.
Add Neal's very nice buy in today of 1,500,000 shares at 3,832,650 Rand.
That translates to $550,000, give or take a few dollars.
Simply put, if you were a CEO of a company would you put over half a mill into something you thought was a dud?
Remember...these guys know more about the company than us.
They don't always get it right...but when all directors buy in around the same time it's usually a signal to buy especially if the $ amount are decent.
Although they can sometimes buy upto a year out from significant news so that it doesn't look like insider trading.
Patience will pay off with GDO if you can buy and hold on.
I emailed the company today and reply was good. Basically saying that this year is all about growth for the company and hitting production target.
Neal is presenting next wed in melbourne if you want to hear from the man himself.
I have posted registration details on a separate thread should anyone else wish to attend.
Heavyweights land punches
http://www.theage.com.au/business/heavyweights-land-punches-…
http://www.theage.com.au/business/heavyweights-land-punches-…
Das was in japan passiert ist, ist echt erschreckend . Ich bin gespannt wie die Börsen darauf reagieren.
ASK für GDO akt. bei 0,25. Ich bin mir bewusst dass die Aussagekraft so früh sehr schwach ist, aber vielleicht ein erstes Zeichen. Ich denke langfristig, habe allerdings auch gerade keine Kohle nachzukaufen, falls es kurzfristig Berg ab geht.
ASK für GDO akt. bei 0,25. Ich bin mir bewusst dass die Aussagekraft so früh sehr schwach ist, aber vielleicht ein erstes Zeichen. Ich denke langfristig, habe allerdings auch gerade keine Kohle nachzukaufen, falls es kurzfristig Berg ab geht.
8:28 am Gold One on Target to Exceed First Quarter Production Target
http://stocknessmonster.com/stock-quote?S=GDO&E=ASX
http://stocknessmonster.com/stock-quote?S=GDO&E=ASX
Gold One on Target to Exceed First Quarter Production Target
http://www.asx.com.au/asxpdf/20110314/pdf/41xdprnqy911jr.pdf
http://www.asx.com.au/asxpdf/20110314/pdf/41xdprnqy911jr.pdf
Antwort auf Beitrag Nr.: 41.194.828 von XIO am 13.03.11 22:41:31Da war wohl einer schneller
Antwort auf Beitrag Nr.: 41.194.848 von Haxe08 am 13.03.11 22:47:00Die Japaner werden jetzt wahrscheinlich ebenfalls die Banknoten-Druckerpresse anwerfen (allerdings habe ich dafür vollstes Verständnis).
Es gibt einfach keinen Grund für einen sinkenden Goldpreis.
Es gibt einfach keinen Grund für einen sinkenden Goldpreis.
Das sieht so aus, als könnte man die Zahlen sogar deutlich toppen.
During January and February 2011, Gold One produced 18,154 ounces of gold.
Antwort auf Beitrag Nr.: 41.194.861 von XIO am 13.03.11 22:51:01Börse ist leider nicht rational und bei Panik ist alles möglich.
Ich drücke Japan die Daumen dass es nicht noch schlimmer kommt.
Ich drücke Japan die Daumen dass es nicht noch schlimmer kommt.
Antwort auf Beitrag Nr.: 41.194.881 von XIO am 13.03.11 22:57:31Hammer!
Antwort auf Beitrag Nr.: 41.194.864 von Haxe08 am 13.03.11 22:52:25Umso mehr bin ich auf die Zahlen des Monats März gespannt.. mal schauen ob da die Steigerung so weiter geht und was am Quartalsende für eine Anzahl Uncen steht.
Antwort auf Beitrag Nr.: 41.194.828 von XIO am 13.03.11 22:41:31das sind doch super Zahlen; es besteht nun die realistische Chance, daß die Q1-Produktionsprognose sogar übertroffen wird. 2011 könnte somit endlich der Durchbruch für GDO gelingen.
Gold steigt aktuell auf 1429$
Alleine auf der Basis von Jan-Feb. sind das 27K Unzen im ersten Quartal.
Alleine auf der Basis von Jan-Feb. sind das 27K Unzen im ersten Quartal.
Antwort auf Beitrag Nr.: 41.194.987 von Haxe08 am 13.03.11 23:19:58ich tippe drauf, das werden evtl sogar noch mehr
Die News war richtig gut und stimmt mich optimistisch für Gold One. Die Australier hats nicht wirklich interessiert. In den kommenden 4 Wochen wird es News zu Ventersburg, Goliath und den Q Bericht geben. Stimmen alle News positiv und der Kurs reagiert immer noch nicht wirds komisch. Naja dann streicht man in Zukunft halt einfach satt Dividende ein
Zusätzlich muss man sagen dass alle Goldminen aktuell ein bisschen schwächeln.
Ich habs bei Gold One nicht eilig.....
Zusätzlich muss man sagen dass alle Goldminen aktuell ein bisschen schwächeln.
Ich habs bei Gold One nicht eilig.....
Auf die PFS für Ventersburg müssen wir wohl nicht mehr so lange warten Es hieß ja in der heutigen Meldung, daß sie in diesem Quartal kommen soll(on track to be completed during this quarter). Die HV bei White Water findet bereits in 8 Tagen statt. Insofern dürfte uns ein positiver Newsflow begleiten. Highlight sollten natürlich sehr gute Q-Zahlen sein, die es jedoch erst Mitte/Ende April geben wird.
Hier nochmal die wichtigsten Daten der Ventersburg Scoping Study von April 2010:
- 11 year life of mine from the shallow (-465 m) underground mine and a steady state production of 8 years peaking at 157.000 oz p.a.
- cash costs U$379/oz at a ZAR:U$ exchange rate of 8,81
- capital cost A$285 Mio
Wobei ich sowohl bei den op. Kosten wie auch der Capex etwas höhere Werte einkalkuliere. Aber das werden wir ja dann sehen.
Hier nochmal die wichtigsten Daten der Ventersburg Scoping Study von April 2010:
- 11 year life of mine from the shallow (-465 m) underground mine and a steady state production of 8 years peaking at 157.000 oz p.a.
- cash costs U$379/oz at a ZAR:U$ exchange rate of 8,81
- capital cost A$285 Mio
Wobei ich sowohl bei den op. Kosten wie auch der Capex etwas höhere Werte einkalkuliere. Aber das werden wir ja dann sehen.
Antwort auf Beitrag Nr.: 41.202.120 von MFC500 am 14.03.11 20:59:24Danke für die Info.
Die Capex ist schon ordentlich. Mal schauen wie sie das finanzieren wollen. Aber das steht jetzt noch nicht im Vordergrund.
Die Opex muss zudem auch an den Wechselkurs angepasst werden. Die Abbautiefe ist echt o.k. wenn man bedenkt dass manche Minen mittlerweile 3-4Km tief arbeiten. Kaum noch rentabel dann.
Die Capex ist schon ordentlich. Mal schauen wie sie das finanzieren wollen. Aber das steht jetzt noch nicht im Vordergrund.
Die Opex muss zudem auch an den Wechselkurs angepasst werden. Die Abbautiefe ist echt o.k. wenn man bedenkt dass manche Minen mittlerweile 3-4Km tief arbeiten. Kaum noch rentabel dann.
Antwort auf Beitrag Nr.: 41.201.912 von Haxe08 am 14.03.11 20:27:18GDO hat sich letzte Nacht am ASX mit einer 0-Nummer noch ganz gut aus der Affaire gezogen. Ich denke mal, die News waren extra deswegen rausgekommen, um das lang gehegte Erfolgs-Pflänzchen nicht in den allgemeinen Sog der Japan Krise geraten zu lassen.
Quasi eine strategisch vorgezogene Quartalsausschau.
Das war bestimmt kurzfristig entschieden worden - aber cool gemacht, hoffentlich geht es so weiter!
Quasi eine strategisch vorgezogene Quartalsausschau.
Das war bestimmt kurzfristig entschieden worden - aber cool gemacht, hoffentlich geht es so weiter!
Antwort auf Beitrag Nr.: 41.202.405 von XIO am 14.03.11 21:47:46na ja, wenn man bedenkt, daß der australische Markt nur 0,4% im Minus war, ist die Kursentwicklung nach dieser hervorragenden Meldung schon enttäuschend, zumal auch der Goldpreis mitgespielt hat.
Antwort auf Beitrag Nr.: 41.202.632 von MFC500 am 14.03.11 22:34:50Ich vermute, es will der Markt die WhiteWater-Transaktion erst abgenickt wissen, sprich: in trockenen Tüchern.
...und gestern war nun wirklich kein guter Tag für Kurssprünge.. GXY z.Bsp. hat sein Hongkong-Listing gleich ganz abgeblasen.
...und gestern war nun wirklich kein guter Tag für Kurssprünge.. GXY z.Bsp. hat sein Hongkong-Listing gleich ganz abgeblasen.
Neuer Artikel auf MiningMX
Perky output may fire up Gold One
http://www.miningmx.com/news/gold_and_silver/Perky-output-ma…
Perky output may fire up Gold One
http://www.miningmx.com/news/gold_and_silver/Perky-output-ma…
Antwort auf Beitrag Nr.: 41.202.632 von MFC500 am 14.03.11 22:34:50...also meine ASX WL ist heute alles rot
das Kopier ich mal aus HC raus:
"""If we value GDO at benchmark average of around US150 per gold equivalent resource oz(indicative), GDO would have a MC of around 3.6 billion on 24 million ounces resource however If i use measured the MC is over 5 billion will only use the indidicative bennchmark even when more then 1/3 of r resource is measured and only take 8 million ounce as resource size btw the measured benchmark is higher range from 250 to 350 US dollars however I will only take US 150 and take the size of the resource at one third that is 8 million equates 1.2 billion US even if I discount 30% applied for south Africa and 26% allowance for BEE partner Micawber we get a value of 600 million and r market cap is only half how undervalued is this stock plus we r on track to post a NP of around 100 million for 2011"""
"""If we value GDO at benchmark average of around US150 per gold equivalent resource oz(indicative), GDO would have a MC of around 3.6 billion on 24 million ounces resource however If i use measured the MC is over 5 billion will only use the indidicative bennchmark even when more then 1/3 of r resource is measured and only take 8 million ounce as resource size btw the measured benchmark is higher range from 250 to 350 US dollars however I will only take US 150 and take the size of the resource at one third that is 8 million equates 1.2 billion US even if I discount 30% applied for south Africa and 26% allowance for BEE partner Micawber we get a value of 600 million and r market cap is only half how undervalued is this stock plus we r on track to post a NP of around 100 million for 2011"""
Antwort auf Beitrag Nr.: 41.211.419 von XIO am 15.03.11 20:18:56das ist leider, so schön das Ergebnis klingt, eine Milchmädchenrechnung. Die Bewertung von $150/oz gilt für Produzenten. GDO ist aber sowohl Produzent (Modder East) wie Explorer/Developer (Ventersburg, Goliath). Die übrigen Projekte muß man dementsprechend mit einem wesentlich niedrigeren Preis je oz ansetzen.
Davon abgesehen ist das KGV nun eine relevante Größe, und mit einem Wert von rund fünf(basierend auf der Ergebnisprognose des Vorstandes) liesse sich eine Kursverdopplung problemlos rechtfertigen. Die Aktie wäre dann immer noch sehr moderat bewertet, zumal die übrigen Projekte hierbei keine Berücksichtigung fänden.
Davon abgesehen ist das KGV nun eine relevante Größe, und mit einem Wert von rund fünf(basierend auf der Ergebnisprognose des Vorstandes) liesse sich eine Kursverdopplung problemlos rechtfertigen. Die Aktie wäre dann immer noch sehr moderat bewertet, zumal die übrigen Projekte hierbei keine Berücksichtigung fänden.
Antwort auf Beitrag Nr.: 41.195.011 von XIO am 13.03.11 23:23:24http://www.goldinvest.de/index.php/gold-one-wird-im-ersten-q…
Antwort auf Beitrag Nr.: 41.212.630 von XIO am 15.03.11 23:11:34Hallo,
Gold One hat in den ersten 2 Monaten 78 000 Tonnen Erz verarbeitet und daraus(?)18154 Unzen Gold produziert. Das macht 7,24 g/Tonne! Nicht schlecht. Durchschnittliche Goldgehalte sind allerdings nicht so hoch.
Charttechnisch sieht auch versprechend aus.
Deswegen habe mich heute 3x eingedeckt.
Grüße
Gold One hat in den ersten 2 Monaten 78 000 Tonnen Erz verarbeitet und daraus(?)18154 Unzen Gold produziert. Das macht 7,24 g/Tonne! Nicht schlecht. Durchschnittliche Goldgehalte sind allerdings nicht so hoch.
Charttechnisch sieht auch versprechend aus.
Deswegen habe mich heute 3x eingedeckt.
Grüße
Hallo zusammen,
Hätte da mal ne Frage:
Kann GDO seine Bondholders erst im Dez. 2012 bedienen oder könnte man rein theoretisch stückweise jetzt schon mit der Rückzahlung beginnen?
Hätte da mal ne Frage:
Kann GDO seine Bondholders erst im Dez. 2012 bedienen oder könnte man rein theoretisch stückweise jetzt schon mit der Rückzahlung beginnen?
So, da wollen wir mal die Daumen drücken!!!
So der deal ist durch
http://www.asx.com.au/asxpdf/20110322/pdf/41xltlwvq1gwb3.pdf
Also die JSE macht grundsätzlich immer das Gegenteil der ASX.
Steigt der Kurs in Australien, fällt er in SA. Anderstrum aber meistens genauso.
http://www.asx.com.au/asxpdf/20110322/pdf/41xltlwvq1gwb3.pdf
Also die JSE macht grundsätzlich immer das Gegenteil der ASX.
Steigt der Kurs in Australien, fällt er in SA. Anderstrum aber meistens genauso.
Medienecho:
White Water shareholders open way for new gold-focused company
http://www.miningweekly.com/article/white-water-shareholders…
Gold One assets sale leads to new entity
http://www.businesslive.co.za/incoming/2011/03/22/gold-one-a…
White Water shareholders open way for new gold-focused company
http://www.miningweekly.com/article/white-water-shareholders…
Gold One assets sale leads to new entity
http://www.businesslive.co.za/incoming/2011/03/22/gold-one-a…
Antwort auf Beitrag Nr.: 41.248.518 von Haxe08 am 22.03.11 16:43:46der SP ist deswegen zwar nicht gerade explodiert aber hat wenigstens gehalten bzw. sogar mit `nem leichten Plus
Jetzt noch ein ordentliches erstes Quartal abschliessen und die 40 lassen wir hinter uns.
Jetzt noch ein ordentliches erstes Quartal abschliessen und die 40 lassen wir hinter uns.
http://www.businessday.co.za/articles/Content.aspx?id=137936
Gold One achieves important milestone in hiving off its deeper gold resources into White Water Resources.
ALLAN SECCOMBE
GOLD One achieved an important milestone yesterday in hiving off its deeper, arguably more risky, gold resources into White Water Resources, securing a listing for these ounces and possibly creating a vehicle for consolidation of East Rand gold mining assets owned by other parties.
Sydney- and Johannesburg-listed Gold One has the newly built and shallow Modder East mine, near Springs in Gauteng, and is exploring the Ventersburg deposit in the Free State with a view to making that its next mine.
The additional properties near Modder East were attributed no value by Gold One shareholders and the company wished to ring-fence cash from the mine to explore Ventersburg and begin paying a dividend, Gold One CEO Neal Froneman said yesterday.
White Water Resources shareholders voted in favour of a deal that would see the company issuing shares to Gold One in exchange for these deeper gold deposits. Gold One will own 71% of White Water Resources, which will be renamed Goliath Gold.
A new board has been put in place and will assume its duties today. The CEO is Mr Froneman and Gold One chief financial officer Christopher Chadwick will take on the same role at Goliath. Mark Wheatley is nonexecutive chairman at both companies.
White Water has some assets, mainly prospecting rights, and about R10m in cash. The new board will let some of these prospecting rights lapse and is investigating options on a mineral sands prospect near Exxaro ’s Namakwa Sands mine and a relatively deep and small platinum deposit, Mr Froneman said.
"The real asset was the listing," he said. Harmony wanted to separately list its Evander mine but the cost involved in establishing a new listing scuppered those plans. Gold One received advice that the best way to hive off the deeper assets would be reversing them into an existing listed company.
White Water brings two old mining areas contiguous to what Gold One calls the Megamine assets and which have existing shafts and tunnels that may expedite bringing the area into production.
There are a host of mining properties lying between Modder East and the Megamine project, with most of them owned by the liquidators of Pamodzi Gold and managed by Aurora Empowerment Systems.
If the proposed 100m buyout of these closed mines by a Chinese group does not materialise, it is highly likely that Goliath may make a bid for these assets, largely tying up the East Rand gold belt. DRDGold ’s defunct ERPM mine is also adjacent to the Megamine assets and could come into play too.
Gold One will dilute its stake in Goliath, possibly through a dividend in specie, distributing shares to its shareholders and improving liquidity in Goliath. Gold One wants to remain in control of the company until it finishes a feasibility study into a mine and needs to raise capital, at which time a new CEO and financial officer will be found.
Gold One achieves important milestone in hiving off its deeper gold resources into White Water Resources.
ALLAN SECCOMBE
GOLD One achieved an important milestone yesterday in hiving off its deeper, arguably more risky, gold resources into White Water Resources, securing a listing for these ounces and possibly creating a vehicle for consolidation of East Rand gold mining assets owned by other parties.
Sydney- and Johannesburg-listed Gold One has the newly built and shallow Modder East mine, near Springs in Gauteng, and is exploring the Ventersburg deposit in the Free State with a view to making that its next mine.
The additional properties near Modder East were attributed no value by Gold One shareholders and the company wished to ring-fence cash from the mine to explore Ventersburg and begin paying a dividend, Gold One CEO Neal Froneman said yesterday.
White Water Resources shareholders voted in favour of a deal that would see the company issuing shares to Gold One in exchange for these deeper gold deposits. Gold One will own 71% of White Water Resources, which will be renamed Goliath Gold.
A new board has been put in place and will assume its duties today. The CEO is Mr Froneman and Gold One chief financial officer Christopher Chadwick will take on the same role at Goliath. Mark Wheatley is nonexecutive chairman at both companies.
White Water has some assets, mainly prospecting rights, and about R10m in cash. The new board will let some of these prospecting rights lapse and is investigating options on a mineral sands prospect near Exxaro ’s Namakwa Sands mine and a relatively deep and small platinum deposit, Mr Froneman said.
"The real asset was the listing," he said. Harmony wanted to separately list its Evander mine but the cost involved in establishing a new listing scuppered those plans. Gold One received advice that the best way to hive off the deeper assets would be reversing them into an existing listed company.
White Water brings two old mining areas contiguous to what Gold One calls the Megamine assets and which have existing shafts and tunnels that may expedite bringing the area into production.
There are a host of mining properties lying between Modder East and the Megamine project, with most of them owned by the liquidators of Pamodzi Gold and managed by Aurora Empowerment Systems.
If the proposed 100m buyout of these closed mines by a Chinese group does not materialise, it is highly likely that Goliath may make a bid for these assets, largely tying up the East Rand gold belt. DRDGold ’s defunct ERPM mine is also adjacent to the Megamine assets and could come into play too.
Gold One will dilute its stake in Goliath, possibly through a dividend in specie, distributing shares to its shareholders and improving liquidity in Goliath. Gold One wants to remain in control of the company until it finishes a feasibility study into a mine and needs to raise capital, at which time a new CEO and financial officer will be found.
Hallo,
An der JSE steht das ASK bei 250Rand das sind umgerechnet 35,7 australische dollarcent.
Da hat sich jemand satt platziert und bietet das Zeug günstig an.
An der JSE steht das ASK bei 250Rand das sind umgerechnet 35,7 australische dollarcent.
Da hat sich jemand satt platziert und bietet das Zeug günstig an.
Goliath Gold deal 'a win-win situation'
http://www.businesslive.co.za/Feeds/inet/2011/03/22/goliath-…
http://www.businesslive.co.za/Feeds/inet/2011/03/22/goliath-…
irgendwie ist auf der Verkäuferseite leider immer noch ein großer Anbieter...
Antwort auf Beitrag Nr.: 41.263.859 von XIO am 25.03.11 06:32:13Ja nervt ein bisschen, an der JSE genau das gleiche.
Wurscht in nem Monat siehts besser aus.
Schönes WE
Wurscht in nem Monat siehts besser aus.
Schönes WE
Antwort auf Beitrag Nr.: 41.268.501 von Haxe08 am 25.03.11 19:16:45Irgendwie erinert mich die situation an perseus.. da hab ich ewig und tapfer um die 23-30 cent rum gehalten und dann den fehler gemacht und bin raus
Antwort auf Beitrag Nr.: 41.268.677 von XIO am 25.03.11 19:51:23ich denke so lange wirst dich nicht mehr gedulden müssen.
Ach und dieses Börsenbriefupdate ist welches du eingestellt hast ist ja der absolute Hammer. Von 0,50 auf 0,45 heruntergestuft wegen den hohen Investitionskosten. Achso und das war vorher noch nicht bekannt. zzzz...
2012 wird es diese Kosten für Modder east nicht mehr in diesem Umfang geben. Da wird satt Kohle reingeholt.
So ich geh jetzt ins Casino. Mal schauen was Roulette und Black Jack so hergeben.
Hab richtig Bock heute Kohle zu verzocken.
Ach und dieses Börsenbriefupdate ist welches du eingestellt hast ist ja der absolute Hammer. Von 0,50 auf 0,45 heruntergestuft wegen den hohen Investitionskosten. Achso und das war vorher noch nicht bekannt. zzzz...
2012 wird es diese Kosten für Modder east nicht mehr in diesem Umfang geben. Da wird satt Kohle reingeholt.
So ich geh jetzt ins Casino. Mal schauen was Roulette und Black Jack so hergeben.
Hab richtig Bock heute Kohle zu verzocken.
Antwort auf Beitrag Nr.: 41.268.798 von Haxe08 am 25.03.11 20:09:17das sah doch schon verdächtig nach einer kleinen Rallye im Aussiland aus, morgen wird hoffentlich mal die 40 getestet
Antwort auf Beitrag Nr.: 41.276.179 von XIO am 28.03.11 13:34:57Ja sieht gut aus, an der JSE haben wir ein neues 52 Wochenhoch mit ordentlich Volumen.
Und alles trotz fallendem Goldpreis.
Und alles trotz fallendem Goldpreis.
Antwort auf Beitrag Nr.: 41.277.192 von Haxe08 am 28.03.11 16:34:26http://www.bloomberg.com/apps/quote?ticker=GDO:SJ
anbei nochmal ne kleine Zusammenfassung, geklaut aus dem TS-Board:
http://www.topstocks.com.au/stock_discussion_forum.php?actio…
http://www.topstocks.com.au/stock_discussion_forum.php?actio…
been known about for months.
Nothing that special just makes our Megamine assets at arms reach to our core assets.
Now we can raise money for megamine without diluting our core ownership of Modder East and Ventesburg.
Megamine is likely to have an OPEX of 800-900/oz when(if) it comes into production so its good we wont blow the money from ME and VEn (350-500/oz OPEX) by investing it into a lower margin mine.
Smart move but doesnt really add nor subtract value, just crystalisses how much the megamine asset is actually worth.
Still insanely undervalued as a company.
Antwort auf Beitrag Nr.: 41.268.677 von XIO am 25.03.11 19:51:23"Irgendwie erinert mich die situation an perseus.. da hab ich ewig und tapfer um die 23-30 cent rum gehalten und dann den fehler gemacht und bin raus"
XIO, gräm Dich nicht... Die Zeiten ändern sich. Wir gieren doch alle nach dem schnellen tenbagger... und wenn es nicht schnell genug "passiert," dann reichen doch auch 50-100%...
Ich selbst habe mir Ende November 2008 in AUS 100k PRU zu umgerechnet 0,19€ gekauft. Ich habe sie immer noch und denke nicht daran, sie zu verkaufen. PRU war und ist ein klassisches Longinvest...
GDO wird sich sicher nachhaltig entwickeln... aber wer hat in Zeiten von SL noch Geduld?
Ich versuch's mal... das ist es allemal wert...
XIO, gräm Dich nicht... Die Zeiten ändern sich. Wir gieren doch alle nach dem schnellen tenbagger... und wenn es nicht schnell genug "passiert," dann reichen doch auch 50-100%...
Ich selbst habe mir Ende November 2008 in AUS 100k PRU zu umgerechnet 0,19€ gekauft. Ich habe sie immer noch und denke nicht daran, sie zu verkaufen. PRU war und ist ein klassisches Longinvest...
GDO wird sich sicher nachhaltig entwickeln... aber wer hat in Zeiten von SL noch Geduld?
Ich versuch's mal... das ist es allemal wert...
Antwort auf Beitrag Nr.: 41.279.607 von JoJo2006 am 29.03.11 01:44:04der "Verkaufsdruck" scheint jedenfalls weg zu sein, der Umsatz heute in Aussiland lässt diese Schlußfolgerung zu, es gab nix billig zu bekommen.
noch ne Wasserstandsmeldung:
http://wap.cbn.co.za/dailynews.php?daily_id=5390
Ich kenn den typen nicht, aber: http://www.howwemadeitinafrica.com/africa-not-a-hopeless-con…
http://wap.cbn.co.za/dailynews.php?daily_id=5390
29 Mar 2011: Wiese's Golden Years
RETAIL sector doyen Christo Wiese, who has amassed a fortune from affordable shopping concepts like Shoprite and PEP, appears to be giving a new meaning to the concept of “enjoying your golden years”.
Wiese (who will be 70 this year) hardly seems likely to take up a quiet retirement. If anything the adventurous investor – whose non retail investments stretch from industrial equipment (Invicta), financial services (PSG), mining (Brian Gilberston’s Palinghurst venture) and technology (Digicore) – is looking to take on more risk.
We say this because reports would suggest Wiese is growing increasingly fascinated with gold, holding significant interests in Gold One International and White Water Resources (WWR).
GoldOne and WWR are not exactly what one would call well established mining ventures, although both counters have undertaken some inspired moving and shaking.
It’s not the first time Wiese has punted for precious metals. CBN readers will surely remember Wiese’s (profitable) involvement in one of the Cape’s most successful junior mining ventures, Ocean Diamond Mining Holdings (ODM).
The interesting thing about Wiese’s involvement in GoldOne and WWR is that both these companies can trace their roots to Cape Town…in fact the very unlikely mining domiciles of Sea Point and Tokai.
GoldOne essentially came about using Les Holmes’ Sea Point-based Sub-Nigel (then a dormant mine) as a vehicle for corporate action that ultimately has appeared to have drawn in some rather productive gold mining assets.
WWR was the old Matodzi shell, which has been managed out of an office in Tokai. WWR is set to be bolstered by a deal that will see GoldOne reverse some of its more marginal assets into the company, which will then be renamed Goliath Gold.
While Wiese’s play for gold is fascinating, it probably is worth putting matters in context. While the gold investments may be substantial by man-in–the –street standards, the gold holdings probably represent a sliver of Wiese’s main investment holdings in Shoprite and unlisted Pepkor.
Still, it’s a situation worth watching – especially with GoldOne (and this may well recall developments at ODM in the nineties) starting to kick through some rather promising production figures.
Ich kenn den typen nicht, aber: http://www.howwemadeitinafrica.com/africa-not-a-hopeless-con…
Attached is a copy of the presentation which will be presented by Neal Froneman, President and Chief Executive Officer of Gold One, at the Paydirt’s Gold Conference in Perth on Wednesday 30 March 2011.
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=5353…
http://www.stocknessmonster.com/news-item?S=GDO&E=ASX&N=5353…
Antwort auf Beitrag Nr.: 41.286.383 von MFC500 am 30.03.11 07:57:55supi..jetzt hoffe ich auf die schnelle vor-veröffentlichung der fördermenge für q1
Antwort auf Beitrag Nr.: 41.287.615 von XIO am 30.03.11 10:29:21ich hoffe v.a., daß sich der Produktions-Trend von Januar und Februar fortsetzt
Laut Präsi kommt die Pre für Ventersburg in Q2.
Naja der Q Bericht ist erstmal ausschlaggebender.
Ventersburg gibts als Boni davor oder danach
Naja der Q Bericht ist erstmal ausschlaggebender.
Ventersburg gibts als Boni davor oder danach
GDO Response to ASX Query
http://www.asx.com.au/asx/statistics/announcements.do?by=asx…
cooles Guerilla-Marketing
http://www.asx.com.au/asx/statistics/announcements.do?by=asx…
cooles Guerilla-Marketing
Antwort auf Beitrag Nr.: 41.293.347 von XIO am 31.03.11 00:33:46kannst du mir erklären um was es da geht?
Antwort auf Beitrag Nr.: 41.293.370 von Haxe08 am 31.03.11 00:49:02Die Tante von der ASx hat nachgefragt, woher das plötzliche hohe Volumen und die starke Preisbewegung begründet sein könnten.
Das haben die GDO-Jungs sich natürlich nicht 2 mal sagen lassen und die Gelegenheit genutzt, alles nochmal schön zu erklären
Das haben die GDO-Jungs sich natürlich nicht 2 mal sagen lassen und die Gelegenheit genutzt, alles nochmal schön zu erklären
Antwort auf Beitrag Nr.: 41.293.377 von XIO am 31.03.11 00:53:25Na dann, auf die Tante
Antwort auf Beitrag Nr.: 41.293.377 von XIO am 31.03.11 00:53:25well done, Mr. Froneman, kann man da nur sagen. Interessant ist auch dieser Part:
Zitat von MFC500: well done, Mr. Froneman, kann man da nur sagen. Interessant ist auch dieser Part:
http://stocknessmonster.com/news-item?S=GDO&E=ASX&N=535559
hi,
also das ist schon eine heftige Antwort auf ein speeding ticket. Im Grunde wurde es genutzt um jetzt eine Übernahmephantasie anzuheizen
Antwort auf Beitrag Nr.: 41.293.756 von globaldigger am 31.03.11 08:22:10Würde mal sagen, da kommt eine neues Selbstbewusstein durch.. es scheint richtig gut zu laufen
Gold One International 34% share spike raises ASX eyebrows
http://www.proactiveinvestors.com.au/companies/news/15089/go…" target="_blank" rel="nofollow ugc noopener">http://www.proactiveinvestors.com.au/companies/news/15089/go…
Gold One Mulls Acquisition; May Offer to Buy Out Minorities
http://www.businessweek.com/news/2011-03-31/gold-one-mulls-a…
Gold One assessing acquisition
http://www.businesslive.co.za/incoming/2011/03/31/gold-one-a…
http://www.proactiveinvestors.com.au/companies/news/15089/go…" target="_blank" rel="nofollow ugc noopener">http://www.proactiveinvestors.com.au/companies/news/15089/go…
Gold One Mulls Acquisition; May Offer to Buy Out Minorities
http://www.businessweek.com/news/2011-03-31/gold-one-mulls-a…
Gold One assessing acquisition
http://www.businesslive.co.za/incoming/2011/03/31/gold-one-a…
Gold One shrugs off ASX 'speeding ticket'
http://www.miningmx.com/news/gold_and_silver/Gold-One-shrugs…
...Gold One has often been criticised for missing production targets. Despite paying a maiden dividend on the back of achieving profitability earlier than most commentators predicted, analysts said Gold One’s shares would only start to make meaningful gains once the company met target on successive occasions.
Said CEO Neal Froneman in an interview with Miningmx: “A lot of things have happened at the same time. The market have been waiting for developments which are now starting to unfold.”
Pointing to the pending finalisation of the Goliath Gold transaction, Froneman said Gold One’s share price has until recently not factored in any value for the Megamine property. The formation of Goliath would however crystallise R450m in value for shareholders.
“We knew the share would’ve started to climb at some stage,” said Froneman. “The (Goliath Gold) transaction alone represents (almost) 25% of our market cap.”...
http://www.miningmx.com/news/gold_and_silver/Gold-One-shrugs…
...Gold One has often been criticised for missing production targets. Despite paying a maiden dividend on the back of achieving profitability earlier than most commentators predicted, analysts said Gold One’s shares would only start to make meaningful gains once the company met target on successive occasions.
Said CEO Neal Froneman in an interview with Miningmx: “A lot of things have happened at the same time. The market have been waiting for developments which are now starting to unfold.”
Pointing to the pending finalisation of the Goliath Gold transaction, Froneman said Gold One’s share price has until recently not factored in any value for the Megamine property. The formation of Goliath would however crystallise R450m in value for shareholders.
“We knew the share would’ve started to climb at some stage,” said Froneman. “The (Goliath Gold) transaction alone represents (almost) 25% of our market cap.”...
Antwort auf Beitrag Nr.: 41.300.280 von XIO am 31.03.11 22:26:15Mark Calderwood von PRU hat in der Vergangenheit diese Klaviatur ähnlich gespielt. Das war "Kurspflege" vom Feinsten...
Froneman spielt das gut!
Froneman spielt das gut!
Nochmal kurz zu den Bonds,
Wenn ich es jetzt richtig verstanden habe, werden die 600 Bonds bei einem Aktienkurs von 0,57 AUD (1,5 *0,38 AUD) automatisch in Shares umgewandelt? Das wären dann über 180Mio neue Aktien.
Es ist aber möglich seitens Gold One die Bonds vorher zurückzukaufen?
Kann mir jemand helfen?
Ich habs jetzt endlich auch mit dem prognostizierten Gewinn kapiert.
Die Kapitalausgaben in 2011 von 42Mio$ für Modder east in der ramp up Phase kommen nur bedingt in Form von Abschreibungen auf die Ausgabeseite.
Fakt ist, wenn Gold One die 120K Unzen packt oder hoffentlich übertrifft und der Goldpreis sich durchschnittlich bei über 1400$ bewegt wird 2011 schon ein hervorragendes Ergebnis erreicht.
Wenn ich es jetzt richtig verstanden habe, werden die 600 Bonds bei einem Aktienkurs von 0,57 AUD (1,5 *0,38 AUD) automatisch in Shares umgewandelt? Das wären dann über 180Mio neue Aktien.
Es ist aber möglich seitens Gold One die Bonds vorher zurückzukaufen?
Kann mir jemand helfen?
Ich habs jetzt endlich auch mit dem prognostizierten Gewinn kapiert.
Die Kapitalausgaben in 2011 von 42Mio$ für Modder east in der ramp up Phase kommen nur bedingt in Form von Abschreibungen auf die Ausgabeseite.
Fakt ist, wenn Gold One die 120K Unzen packt oder hoffentlich übertrifft und der Goldpreis sich durchschnittlich bei über 1400$ bewegt wird 2011 schon ein hervorragendes Ergebnis erreicht.
interessante Diskussion betreffs Übernahmephantasie:
http://www.topstocks.com.au/stock_discussion_forum.php?actio…
was haltet Ihr davon
siehe auch:
http://www.gold1.co.za/uploads/announcements/AFO_BEE_23Aug06…
im Dokument nach "26%" suchen
http://www.topstocks.com.au/stock_discussion_forum.php?actio…
was haltet Ihr davon
siehe auch:
http://www.gold1.co.za/uploads/announcements/AFO_BEE_23Aug06…
im Dokument nach "26%" suchen
Antwort auf Beitrag Nr.: 41.306.395 von Haxe08 am 01.04.11 20:04:59siehe die Meldung vom 15.11.10. Auszu:
Gold One can redeem all of the bonds if the market value of the shares that would be issued on conversion exceeds 150% of the conversion price. A partial redemption is not allowed and the conversion price is currently U$0,38.
Die Wandlung ergäbe 157 Mio neue Aktien (siehe z.B. November-Präsentation)
Gold One can redeem all of the bonds if the market value of the shares that would be issued on conversion exceeds 150% of the conversion price. A partial redemption is not allowed and the conversion price is currently U$0,38.
Die Wandlung ergäbe 157 Mio neue Aktien (siehe z.B. November-Präsentation)
Antwort auf Beitrag Nr.: 41.309.866 von XIO am 03.04.11 13:52:08ohne das jetzt gelesen zu haben: Aufgrund der günstigen Bewertung und der vorhandenen Assets ist GDO grundsätzlich ein attraktives Übernahmeziel. Ob in dieser Richtung etwas passiert, kann man nur abwarten. Derartige Spekulationen halte ich nicht für sinnvoll.
JSE:
26.188 Unzen im März Quartal.
http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode…
Man kann zufrieden sein, obwohl ich mir schon 27.000 erhofft hatte.
http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode…
Man kann zufrieden sein, obwohl ich mir schon 27.000 erhofft hatte.
Antwort auf Beitrag Nr.: 41.317.539 von Haxe08 am 05.04.11 00:45:55Hätte man die News am 14.03. nicht veröffentlicht, hätte ich jetzt wohl einen Luftsprung gemacht. So war man halt wohl schon ein bischen in Erwartung auf höhere Produktion.
Das Quartal ist trotzdem Spitze und wenn man sich mal in der aktuellen Präsentation die voraussichtliche Entwicklung der Mine anschaut, kann man noch einiges erwarten dieses Jahr.
Das Quartal ist trotzdem Spitze und wenn man sich mal in der aktuellen Präsentation die voraussichtliche Entwicklung der Mine anschaut, kann man noch einiges erwarten dieses Jahr.
-Gold manifestuiert sich über 1.400 dollar
-Modder East Mine wird auf weiteren Ebenen ausgebaut
-demnächst Bohrergebnisse aus Ventersburg
-mögliche Übernahme eines weiteren Projektes lt. eigener Aussage ausserhalb Südafrikas
-Erhöhung der ohnehin schon sehr guten Resourcesnbasis
-Dividendenzahlung rückt in den Rahmen des Möglichen
-Modder East Mine wird auf weiteren Ebenen ausgebaut
-demnächst Bohrergebnisse aus Ventersburg
-mögliche Übernahme eines weiteren Projektes lt. eigener Aussage ausserhalb Südafrikas
-Erhöhung der ohnehin schon sehr guten Resourcesnbasis
-Dividendenzahlung rückt in den Rahmen des Möglichen
Antwort auf Beitrag Nr.: 41.317.560 von Haxe08 am 05.04.11 01:02:13die Förderkosten werden noch interessant!
Antwort auf Beitrag Nr.: 41.317.539 von Haxe08 am 05.04.11 00:45:55Mit der Summe kann man zufrieden sein. Allerdings ist der März doch wieder etwas schwächer mit lediglich 8.034 oz (hochgerechnet 24.102 oz/Q bzw weniger als 100.000 oz auf Jahresbasis). Insofern ein Rückschritt.
Antwort auf Beitrag Nr.: 41.317.870 von MFC500 am 05.04.11 07:57:07Ich denke mal, das wird so gesteuert.
Es macht jetzt keinen Sinn, das gute Pulver grundlos zu verschiessen.
Es macht jetzt keinen Sinn, das gute Pulver grundlos zu verschiessen.
Antwort auf Beitrag Nr.: 41.317.885 von XIO am 05.04.11 07:58:40sehr gewagte Interpretation
Antwort auf Beitrag Nr.: 41.317.870 von MFC500 am 05.04.11 07:57:07So habe ich auch gerechnet.
Die Grades müssen wohl runter sein und das noch bei der wahrscheinlich größten Abbaumenge im März.
Ich denke im Quartalsbericht kommt mehr Klarheit rein.
Die Grades müssen wohl runter sein und das noch bei der wahrscheinlich größten Abbaumenge im März.
Ich denke im Quartalsbericht kommt mehr Klarheit rein.
Antwort auf Beitrag Nr.: 41.318.315 von MFC500 am 05.04.11 09:13:43gewagt-ja, aber die sind doch auch nicht ganz blöd....
Wenn ich nen plan habe, und dessen Übererfüllung fast 2 Wochen vorher mit stolzer Brust ankündige, dann weiß ich, daß ich das locker pack.
Von daher erscheint mir die gepostete Mehrproduktion fast schon als zu gering... will sagen, das hätten die niemals angekündigt, wenn es tatächlich "nur" die Menge mehr war, wie heute kommuniziert.
Denke eher, die haben schon was auf Halde produkziert.
Wenn ich nen plan habe, und dessen Übererfüllung fast 2 Wochen vorher mit stolzer Brust ankündige, dann weiß ich, daß ich das locker pack.
Von daher erscheint mir die gepostete Mehrproduktion fast schon als zu gering... will sagen, das hätten die niemals angekündigt, wenn es tatächlich "nur" die Menge mehr war, wie heute kommuniziert.
Denke eher, die haben schon was auf Halde produkziert.
Antwort auf Beitrag Nr.: 41.319.858 von XIO am 05.04.11 12:24:26Das wäre ja schön, aber dann bin ich mal gespannt wie sie den Produktionsrückgang im März im Q Bericht rüberbringen?
Antwort auf Beitrag Nr.: 41.320.237 von Haxe08 am 05.04.11 13:07:37zur Untermauerung:
http://www.miningmx.com/
http://www.miningmx.com/
Antwort auf Beitrag Nr.: 41.320.237 von Haxe08 am 05.04.11 13:07:37Ich halte es mal für ausgeschlossen, daß Froneman am 13./14. März so weit das Maul aufgerissen hätte, wenn er nicht mehr Reserve in der Hinterhand hätte, als die heute geposteten 1.188 Unzen mehr, denn das sind nicht mal 5%... das hätte auch leicht ins Auge gehen können, in 14 tagen kann allerhand passieren.
Siehe auch: http://www.mineweb.com/mineweb/view/mineweb/en/page674?oid=1…
Siehe auch: http://www.mineweb.com/mineweb/view/mineweb/en/page674?oid=1…
Antwort auf Beitrag Nr.: 41.324.278 von XIO am 05.04.11 22:09:41er hat doch nur ganz sachlich die Produktionsdaten für J+F mitgeteilt. Ich halte deine Vermutung für unplausibel: warum sollte er diese gute Entwicklung überhaupt mitteilen, wenn er jetzt, wie von dir vermutet, etwas Positives zurückhält?
In Q2 kommt Line three mit neuem Produktionsschub.
Man, wenn die es schaffen in Q3 35.000 Unzen aus Modder East zu holen und der POG wäre bei 1.500$, dann steigt der Umsatz auf 52,5Mio$ und der Gewinn vor Steuern alleine für Q3 auf ca. 30Mio$. Das wäre ein Wort. Eine MK von einer Milliarde halte ich dann nicht für unmöglich.
Haltet mich alle für verrückt, aber 80% meines Depots besteht aus Gold One. Alles oder nichts. Ich will nicht bis 50 arbeiten
Man, wenn die es schaffen in Q3 35.000 Unzen aus Modder East zu holen und der POG wäre bei 1.500$, dann steigt der Umsatz auf 52,5Mio$ und der Gewinn vor Steuern alleine für Q3 auf ca. 30Mio$. Das wäre ein Wort. Eine MK von einer Milliarde halte ich dann nicht für unmöglich.
Haltet mich alle für verrückt, aber 80% meines Depots besteht aus Gold One. Alles oder nichts. Ich will nicht bis 50 arbeiten
Antwort auf Beitrag Nr.: 41.324.545 von Haxe08 am 05.04.11 23:12:30das ist wirklich verrückt. Gegen eine derart hoche Quote sprechen v.a. allgemeine Risiken wie Betrug, Bilanzfälschung, Unfallrisiken (gerade bei Undertageabbau ein heikles Thema), Verstaatlichung, usw. Selbst wenn alle genannten Punkte wenig wahrscheinlich erscheinen: falls der worst case eintritt, bist du ggf pleite.
Nur ein Beispiel: ein angehender Lithiumproduzent musste kürzlich mitteilen, daß "a preliminary independent review...confirmed that there are significant issues with the geological modelling that produced the mineral resource estimate for the Project."
Es folgte natürlich ein drastischer Kurseinbruch.
Nur ein Beispiel: ein angehender Lithiumproduzent musste kürzlich mitteilen, daß "a preliminary independent review...confirmed that there are significant issues with the geological modelling that produced the mineral resource estimate for the Project."
Es folgte natürlich ein drastischer Kurseinbruch.
Antwort auf Beitrag Nr.: 41.324.545 von Haxe08 am 05.04.11 23:12:30Kuck mal bei den Jungs von Anaconda Mining ins Forum.. die waren auch der Auffassung, daß nix schief gehen kann
Antwort auf Beitrag Nr.: 41.324.545 von Haxe08 am 05.04.11 23:12:30ich hab die Idee: Du diversifizierst Dein Depot, in dem du einen Teil des Gewinns in Metrocoal anlegst.. ich hab ja auch auf dich gehört
Danke für eure Ratschläge, ich bin nun nach ca.40% im Plus am überlegen wenigstens den Gewinn rauszuziehen. Ich bin mir den Risiken ja durchaus bewusst, leider hat meine Symphatie zu diesem Wert mein Hirn vom Netz genommen.
Antwort auf Beitrag Nr.: 41.325.167 von XIO am 06.04.11 08:23:37Danke für den Tip aber normalerweise sind Explorer nicht so mein Fall.
Ich lese mich mal ein, denn es soll ja schon vorgekommen sein, dass aus einem Explorer eine Mine geworden ist
Ich lese mich mal ein, denn es soll ja schon vorgekommen sein, dass aus einem Explorer eine Mine geworden ist
Antwort auf Beitrag Nr.: 41.325.951 von Haxe08 am 06.04.11 10:06:51Tip:
Marktkapitalisierung geteilt durch minimalziel avisierte Resourcen Ende 2011 = aktuelle Bewertung pro Tonne.
Marktkapitalisierung geteilt durch minimalziel avisierte Resourcen Ende 2011 = aktuelle Bewertung pro Tonne.
http://www.buysellsignals.com/BuySellSignals/report/Australi…" target="_blank" rel="nofollow ugc noopener">http://www.buysellsignals.com/BuySellSignals/report/Australi…
Modder East gives Gold One 22% boost
http://www.businessday.co.za/articles/Content.aspx?id=139378
http://www.businessday.co.za/articles/Content.aspx?id=139378
irgendwie passend zu GDO und Goliath:
The World’s Top Ten Gold Mines
http://www.minesite.com/nc/minews/singlenews/article/the-wor…
1. Witwatersrand Basin (Johannesburg, South Africa)
The World’s Top Ten Gold Mines
http://www.minesite.com/nc/minews/singlenews/article/the-wor…
1. Witwatersrand Basin (Johannesburg, South Africa)
das Rating von Imvestec haben wir mittlerweile erreicht:
Quelle: http://www.gold1.co.za/index.php?option=com_docman&task=doc_…
Quelle: http://www.gold1.co.za/index.php?option=com_docman&task=doc_…
Many yellow brick roads to follow
http://www.heraldsun.com.au/business/many-yellow-brick-roads…
http://www.heraldsun.com.au/business/many-yellow-brick-roads…
"For exposure to gold, mining and exploration shares are the best bet as they tend to respond to gold price movements by a factor of two-to-one," WiseOwl analyst Tim Morris says.
"My top pick at the moment is Gold One (GDO).
"The company's Modder East mine in South Africa has been up and running for over a year and its expansion is going very well. In addition upside lies in the company's enormous resource inventory, which stands at over 20 million ounces."
ordentlich Umsatz zum Börsenschluss in Aussiland, der Support ist intakt, die 50 werden diese Woche bestimmt mindestens getestet:
sehe gerade auf ADVFN, daß nachbörslich noch 5 Trades zu 0.48 aufgeführt sin.. wie geht das?
immerhin über 40.000 shares
immerhin über 40.000 shares
Antwort auf Beitrag Nr.: 41.350.835 von XIO am 11.04.11 20:30:42danke, durch dein posting hab ich erst bemerkt, dass man bei advfn auch die trades des gesamten tages anschauen kann. nett
Antwort auf Beitrag Nr.: 41.350.835 von XIO am 11.04.11 20:30:42"Zugabe" von 10 Minuten ist nicht ungewöhnlich.
@Haxe
Nutzer des kostenlosen Services können nicht die Trades eines ganzen Handelstages sehen.
@Haxe
Nutzer des kostenlosen Services können nicht die Trades eines ganzen Handelstages sehen.
Antwort auf Beitrag Nr.: 41.351.356 von JoJo2006 am 11.04.11 22:16:58Hast Recht, ist nur ne Stunde.
Antwort auf Beitrag Nr.: 41.351.447 von Haxe08 am 11.04.11 22:33:43kann auch mehr wie ne Stunde sein, u.U. den ganzen Tag, es kommt auf die Anzahl an.
Excellent March 2011 Quarter for Gold One
Quarterly Activities Report
http://stocknessmonster.com/news-history?S=GDO&E=ASX&Year=20…
Quarterly Activities Report
http://stocknessmonster.com/news-history?S=GDO&E=ASX&Year=20…
Antwort auf Beitrag Nr.: 41.386.574 von XIO am 19.04.11 00:44:49* March quarter production exceeds guidance, up 22% to 26,188 ounces
* Net cash flow from operations increased by 34% to US$ 11.19 million
* Cash and gold receivables balance increased by 62% to US$ 18.67 million
* Modder East cash cost steady at US$ 472/oz
* 12% improvement in Modder East recovered grade to 6.55 grams per tonne
* Total development for the March quarter increased by 16% to 1,369 metres with 81,920 square metres of reserves now available for mining
* Plant recoveries maintained at 96.5%
* Continued drilling at Ventersburg confirms shallow extension of modelled higher grade payshoot
* Shareholders of White Water Resources overwhelmingly approve the creation of Goliath Gold
June Quarter Outlook
* On track for June quarter production guidance of 28,000 ounces
* Modder East and Modder North drilling will continue
* The results of the Ventersburg pre-feasibility study will be released once the potential impact of the recent shallow surface drilling results has been reviewed
* Net cash flow from operations increased by 34% to US$ 11.19 million
* Cash and gold receivables balance increased by 62% to US$ 18.67 million
* Modder East cash cost steady at US$ 472/oz
* 12% improvement in Modder East recovered grade to 6.55 grams per tonne
* Total development for the March quarter increased by 16% to 1,369 metres with 81,920 square metres of reserves now available for mining
* Plant recoveries maintained at 96.5%
* Continued drilling at Ventersburg confirms shallow extension of modelled higher grade payshoot
* Shareholders of White Water Resources overwhelmingly approve the creation of Goliath Gold
June Quarter Outlook
* On track for June quarter production guidance of 28,000 ounces
* Modder East and Modder North drilling will continue
* The results of the Ventersburg pre-feasibility study will be released once the potential impact of the recent shallow surface drilling results has been reviewed
!
Dieser Beitrag wurde moderiert. Grund: auf eigenen Wunsch des Users
Antwort auf Beitrag Nr.: 41.386.755 von XIO am 19.04.11 07:02:55PS: total Cost 659/oz, cash cost 472/oz
Antwort auf Beitrag Nr.: 41.386.626 von XIO am 19.04.11 01:33:14Zahlen insgesamt in-line. Produktionskosten hätte ich mir etwas niedriger gewünscht, aber auch diese auf einem attraktiven Niveau. Wichtig zudem, daß die Jahresprognose grundsätzlich bestätigt wurde. Das gilt besonders mit Blick auf die im März -gg Januar und Februar - wieder niedrigeren Produktionszahlen. 28.000 oz sollen´s im 2.Quartal werden; bin gespannt.
Hinweis zum Oster-Handel in Australien:
Friday 22 April ALL CLOSED
Monday 25 April ALL CLOSED
Tuesday 26 April ALL / NSW, VIC, SA, WA & ACT CLOSED
http://www.asx.com.au/about/asx-trading-calendar-2011.htm
Friday 22 April ALL CLOSED
Monday 25 April ALL CLOSED
Tuesday 26 April ALL / NSW, VIC, SA, WA & ACT CLOSED
http://www.asx.com.au/about/asx-trading-calendar-2011.htm
Antwort auf Beitrag Nr.: 41.389.178 von MFC500 am 19.04.11 14:35:49Interessant, Sub Nigel ist zukünftig also nicht mehr das Trainingscenter. Goliath Gold soll daraus zukünftig etwas Cash Flow generieren, wobei ich mir nicht sicher bin ob Sub Nigel wirtschaftlich produziert.
Was ich absolut nicht verstehe, ist dass im März Quartal die meisten Tonnen abgebaut worden sind, das Ergebnis die Unzen aber deutlich zurückgegangen sind.
Ich leite ab:
1. Die Grades sind stark eingebrochen
oder
2. Xios Vermutung stimmt, und es wurde auf Halde produziert.
Ich bin gespannt wie´s weiter geht.
Was ich absolut nicht verstehe, ist dass im März Quartal die meisten Tonnen abgebaut worden sind, das Ergebnis die Unzen aber deutlich zurückgegangen sind.
Ich leite ab:
1. Die Grades sind stark eingebrochen
oder
2. Xios Vermutung stimmt, und es wurde auf Halde produziert.
Ich bin gespannt wie´s weiter geht.
Antwort auf Beitrag Nr.: 41.390.219 von Haxe08 am 19.04.11 17:21:06Ok Korrektur.
In der News vom 14.März sind bei den recovered Grades in der Grafik für den Januar 7g/Tonne und für den Februar knapp 7,8g/tonne zu erkennen.
Für das gesamt Quartal jetzt 6,55g/Tonne.
Daraufhin errechnet sich für den Monat März recovered Grades von 5,1g/Tonne.
Also deutlicher Rückgang der Grades. Aber so extrem gleich?
In der News vom 14.März sind bei den recovered Grades in der Grafik für den Januar 7g/Tonne und für den Februar knapp 7,8g/tonne zu erkennen.
Für das gesamt Quartal jetzt 6,55g/Tonne.
Daraufhin errechnet sich für den Monat März recovered Grades von 5,1g/Tonne.
Also deutlicher Rückgang der Grades. Aber so extrem gleich?
Antwort auf Beitrag Nr.: 41.390.219 von Haxe08 am 19.04.11 17:21:06Ich bin der Meinnung, die gegenwärtige Relaxtheit des Managements muss seinen Grund in Sicherheit haben
http://www.businesslive.co.za/incoming/2011/04/19/drdgold-mi…
http://www.miningweekly.com/article/gold-one-beats-march-qua…
Making reference to the success Gold One has had in creating a separate vehicle in which its Megamine medium-depth assets could be developed without detracting from its strategy of developing shallow mining projects, Pretorius said he believed Blyvoor could now attract the right investor.
The creation of the new company allowed Gold One to ringfence its shallow low-cost ounces and strong operational cash flows while unlocking value in Gold One's deeper resources.
http://www.miningweekly.com/article/gold-one-beats-march-qua…
During the June quarter, the first phase of the Modder East exploration programme was expected to be completed, and pending the outcome of drilling results, could be continued, with the findings of the programme likely incorporated into an updated resource and reserve estimation.
The surface exploration drilling programme at the Modder North project would also start, following the drilling at Modder East.
Meanwhile, the impact of the recently-confirmed shallower extensions of the higher-grade payshoot at the Ventersburg operations on the prefeasibility study would also be investigated.
Pending the results of this investigation, and the continued successful exploration, Froneman said that the prefeasibility study might require updating to incorporate these findings.
Antwort auf Beitrag Nr.: 41.390.905 von XIO am 19.04.11 19:31:41wenn mir den 2. absatz vom ersten teil mal bitte jemand erläutern könnte.. es hapert doch bissl
Antwort auf Beitrag Nr.: 41.390.928 von XIO am 19.04.11 19:38:11Die Gründung des neuen Unternehmens erlaubt Gold One ringfence seinen seichten Low-Cost-Unzen und starke operative Cash Flows beim Entsperren Wert in tieferen Ressourcen Gold One.
alles klar?
ich frage mich ja immer, wer mit diesen Übersetzungen etwas anfangen kann.
Aber ernsthaft: Es geht um die schon früher gemachte Äußerung, daß man durch die Ausgliederung von Megamine die Liquidität von Modder East schont und parallel zusätzliche Werte freilegt. Es ist doch so, daß sich weder die Assets von Ventersburg, noch die von Megamine bislang im Kurs widerspiegeln.
alles klar?
ich frage mich ja immer, wer mit diesen Übersetzungen etwas anfangen kann.
Aber ernsthaft: Es geht um die schon früher gemachte Äußerung, daß man durch die Ausgliederung von Megamine die Liquidität von Modder East schont und parallel zusätzliche Werte freilegt. Es ist doch so, daß sich weder die Assets von Ventersburg, noch die von Megamine bislang im Kurs widerspiegeln.
Ich muss sagen, die Presse ist heute voll mit Respektsbekundungen!
Sucht im Artikel (Strg+F) nach "Froneman"
http://www.moneyweb.co.za/mw/view/mw/en/page299360?oid=53567…
sehr schön !!!
Sucht im Artikel (Strg+F) nach "Froneman"
http://www.moneyweb.co.za/mw/view/mw/en/page299360?oid=53567…
sehr schön !!!
Antwort auf Beitrag Nr.: 41.391.283 von XIO am 19.04.11 20:47:48sorry.... Kommando zurück.. könnte auch ne Verwechslung sein.. schreibweise leicht anders, bin mir nicht sicher
Becoming a substantial holder[/b]
Antwort auf Beitrag Nr.: 41.399.013 von XIO am 21.04.11 07:56:2421.04.11
Chinese eyeing Gold One takeover
The acquisition of a 17.7% stake in Gold One by a Chinese consortium on Thursday may be a prelude to a takeover of the Australian and African gold producer.
"It could be their first step," Gold One CEO Neal Froneman told I-Net Bridge/BusinessLIVE. "I really can't comment at this stage," Froneman added.
At the end of March, Gold One, in a response to an Australian Stock Exchange query on the run in the company's shareprice, noted that it was currently assessing "a potential change of control transaction for the company, which, if it were to proceed, could involve an offer to Gold One shareholders to acquire all their shares".
http://www.businesslive.co.za/Feeds/inet/2011/04/21/chinese-…
Chinese eyeing Gold One takeover
The acquisition of a 17.7% stake in Gold One by a Chinese consortium on Thursday may be a prelude to a takeover of the Australian and African gold producer.
"It could be their first step," Gold One CEO Neal Froneman told I-Net Bridge/BusinessLIVE. "I really can't comment at this stage," Froneman added.
At the end of March, Gold One, in a response to an Australian Stock Exchange query on the run in the company's shareprice, noted that it was currently assessing "a potential change of control transaction for the company, which, if it were to proceed, could involve an offer to Gold One shareholders to acquire all their shares".
http://www.businesslive.co.za/Feeds/inet/2011/04/21/chinese-…
Mittlerweile in D-Land etabliert:
"This was due to a combination of an increase in the number of panels mined as well as enhanced stoping efficiencies associated with established mining panels," Gold One explains.
Gold One believes the rest of 2011 should remain stable for the company.
Gold One believes the rest of 2011 should remain stable for the company.
0,53 AUD müsste stimmen..oder?
Antwort auf Beitrag Nr.: 41.405.872 von XIO am 23.04.11 09:51:37Ja, wobei mir die 0,63 auch recht gewesen wären
53 Cent ist korrekt und wirklich bemerkenswert, da es sich um einen seit Aufnahme der Produktion noch nie erreichten Kurs handelt und mit über $75 Mio auch eine imposante Größenordnung darstellt.
Antwort auf Beitrag Nr.: 41.406.147 von MFC500 am 23.04.11 13:57:06Da fragt man sich schon, in welchem Kontext die Macquarie-Leute das letzte, total verwirrende Rating rausgehaun haben.. oder war das ein Versuch der Manipulation, um selbst nochmal was abzufassen.. so kurz vor der Aktion der Chinesen?
tsss... ich bin bissl sprachlos
tsss... ich bin bissl sprachlos
Antwort auf Beitrag Nr.: 41.407.130 von XIO am 24.04.11 12:18:19die meisten Analysten kochen bekanntlich auch nur mit Wasser. Aber hier könnten natürlich auch Eigeninteresse eine Rolle spielen. Wie auch immer, das Fazit bleibt, sich selbst eine Meinung zu bilden.
wünsche allen ein frohes osterfest. gold one hat uns dank den chinesen ja bereits ein schmackhaftes ei in den korb gelegt.
alter Artikel..sorgt gerade noch einmal auf HC für Freude:
http://www.bullionbaron.com/2010/11/dr-clive-roffey-on-gold-…
http://www.bullionbaron.com/2010/11/dr-clive-roffey-on-gold-…
guter Start heute an der Boerse in Johannesburg, aktuell umgerechnet etwas ueber 37 Euro Cent
http://www.sharenet.co.za/v3/quickshare.php?scode=GDO
http://www.sharenet.co.za/v3/quickshare.php?scode=GDO
Artikel auf MiningMX:
Gold One gains steam on takeover talk
http://www.miningmx.com/news/gold_and_silver/Gold-One-gains-…
Gold One gains steam on takeover talk
http://www.miningmx.com/news/gold_and_silver/Gold-One-gains-…
Antwort auf Beitrag Nr.: 41.414.392 von XIO am 27.04.11 06:02:12Die Frage ist: Kommt jetzt eine Übernahmeofferte oder eine neue Akquisation (GDO hat`s ja angekündigt, sich auch ausserhalb Südafrikas umzuschauen).
Ich glaube letzteres.
Ich glaube letzteres.
Antwort auf Beitrag Nr.: 41.414.396 von XIO am 27.04.11 06:14:56im unteren Teil ist von einer "material akquisition" die Rede
Goliath Gold - Registration of Special Resolutions
http://www.asx.com.au/asxpdf/20110427/pdf/41y7m51qftzkhz.pdf
http://www.asx.com.au/asxpdf/20110427/pdf/41y7m51qftzkhz.pdf
Antwort auf Beitrag Nr.: 41.414.489 von MFC500 am 27.04.11 07:45:17So lange das Ziel nicht die desaströsen Nachbarn sind, ist mir alles recht.
Ich hoffe nur, das neue Projekt wird nicht teilweise durch Verwässerung finanziert!
Antwort auf Beitrag Nr.: 41.418.298 von Haxe08 am 27.04.11 18:07:15Ich hoffe, daß wir morgen früh Bescheid wissen.. man das ist echt spannend!
Ne kleine KE würden wir auch locker wegstecken....
Ne kleine KE würden wir auch locker wegstecken....
Antwort auf Beitrag Nr.: 41.419.736 von XIO am 27.04.11 21:55:24Das hoffe ich auch. Wäre perfekt zu steigendem POG und sicherlich auch steigenden ASX.
Welche desaströsen Nachbarn hast denn gemeint? DRD Gold?
Welche desaströsen Nachbarn hast denn gemeint? DRD Gold?
Es wäre interessant zu erfahren, ob unsere neuen chinesischen Freunde schon über eine interessante Gold-Liegenschaft verfügen und diese gegen eine höhere prozentuale Beteiligung einbringen wollen.
Spätestens Freitag wissen wir mehr.
Spätestens Freitag wissen wir mehr.
Antwort auf Beitrag Nr.: 41.419.821 von Haxe08 am 27.04.11 22:06:54Mit desaströsen Nachbarn meinte ich Aurora Empowerment.
(Das sind die Mandela/Zuma/ANC Schmarotzer mit dem Wasserproblem, werden evtl von einem Chinamann übernommen, Arbeiter warten schon seit ewig auf Knete)
http://news.google.de/news/search?aq=f&cf=all&ned=au&hl=en&q…
(Das sind die Mandela/Zuma/ANC Schmarotzer mit dem Wasserproblem, werden evtl von einem Chinamann übernommen, Arbeiter warten schon seit ewig auf Knete)
http://news.google.de/news/search?aq=f&cf=all&ned=au&hl=en&q…
Antwort auf Beitrag Nr.: 41.420.344 von XIO am 28.04.11 01:24:45"Wir" sind damit 270.000 unc/y Producer (ohne Goliath!)?
Antwort auf Beitrag Nr.: 41.420.347 von XIO am 28.04.11 01:37:44
Kosten /Unze bei Rand Uranium sind momentan wohl ziemlich hoch... hier ist der Haken den es zu beseitigen gilt.
Antwort auf Beitrag Nr.: 41.419.926 von ArmerThor am 27.04.11 22:25:55Wer lesen kann, ist klar im Vorteil.
Ich dachte, Gold one würde den Trading Halt am Freitag aufheben.
Die Kaufsumme ist ein Schnäppchen. Ich finde auf die schnelle aber keine Produktionskosten/Unze für Rand Uranium. Die Rand Uranium Homepage gibt wenig Informationen preis. Allein das Uran ist ja schon 280 Mio.(Kosten 22-25$) bei derzeitigem Uranpreis wert.
Ich dachte, Gold one würde den Trading Halt am Freitag aufheben.
Die Kaufsumme ist ein Schnäppchen. Ich finde auf die schnelle aber keine Produktionskosten/Unze für Rand Uranium. Die Rand Uranium Homepage gibt wenig Informationen preis. Allein das Uran ist ja schon 280 Mio.(Kosten 22-25$) bei derzeitigem Uranpreis wert.
Antwort auf Beitrag Nr.: 41.420.443 von ArmerThor am 28.04.11 06:23:53Auf Hotcopper wurde habe ich die Kosten/Unze für Rand Uranium gefunden.
Sie liegen bei 1235$.
Sie liegen bei 1235$.
Zitat von XIO: Kosten /Unze bei Rand Uranium sind momentan wohl ziemlich hoch... hier ist der Haken den es zu beseitigen gilt.
Rand Uranium is an established gold producer which produced 163,000 ounces of gold in 2010 at approximately US$ 1,222/oz (based on an exchange rate of ZAR 6.80 : US$ 1). In addition, Rand Uranium has an impressive mineral resource and reserve base as outlined below.
In der Tat XIO. Ich gehe mal davon aus, dass GDO hier schon einen Plan hat, diese Kosten signifikant zu senken. Sonst macht das kaum Sinn, denn eine Korrektur im Goldpreis von 20% kann ich mir durchaus kurzfristig vorstellen und dann trägt sich das "gerade noch", bzw. setzen beim break even auf.
Klar, sicher gibt es schon kurzfristige Synergieeffekte und U als Beiprodukt ist nat. nicht zu vernachlässigen. Die Übernahme muss ja auch noch endgültig durch. Grundsätzlich gefällt mir, dass man sich wohl 210Mio der zu erwartendenen 250Mio$ als Kredit gesichert hat. 40Mio werden also ohnehin durch Ausgabe von Aktien gestemmt. (auch hier, oh Wunder 20% zum Kaufpreis) Es besteht natürlich trotzdem die "Gefahr" weiterer Verwässerung.
Ich gehe aber auch davon aus, dass die Chinesen, die ja letzte Woche zu 0,53$ kauften, davon schon irgendwie informiert waren.
Also ich sehe zumindest keinen Grund mich aus GDO zu verabschieden, zumal man sich ja immer wiederholt was die Übernahmesache angeht.
Gruss
Digger
muß mir das erst noch genau anschauen, aber ein Produzent mit US$1.222/oz Produktionskosten, ist überhaupt nicht nach meinem Geschmack. Wenn so eine Übernahme zudem hauptsächlich über Schulden finanziert wird, entseht ein sehr hohes Risiko für den Käufer, sollte der Goldpreis dauerhaft nachgeben. Mein spontaner Eindruck: hier nutzt jemand die Gunst der Stunde (=hoher Goldpreis), um sein ansonsten eher wenig profitables und unattraktives Geschäft zu verkaufen. Aber ich muß mir das noch detailliert ansehen, auch die Bilanz von Rand, die GDO hat mit übernimmt. Allerdings bevorzuge ich einen reinen Goldproduzenten. Ausgerechnet Uran als zweites Standbein, das braucht´s nun wirklich nicht. Ich erinnere nur an die Kursentwicklung der Uranaktien infolge der Katastrophe in Japan.
Bei einer Ausgabe von Aktien im Wert von rund 40Mio $ stellt sich auch die Frage, zu welchem Kurs und vor allem wer die kauft. Das können ja ruckizucki 15% der bisherigen Aktiensumme sein. Also schon die Möglichkeit controlling stakes zu haben. Siehe beispielsweise die Chinesen. hmm.... Das macht eine Übernahme leichter und ist nicht unbedingt zum Vorteil der Kleinanleger, die sich vom heutigen sp einen saftigen Aufschlag erhoffen. Schaun wir mal, aber der Markt nimmt diese Aquisition heute nicht gut auf.
Die werden sich schon was dabei gedacht haben.
Zumal die "vereinigte" Resourcenbasis jetzt langsam gigantisch wird.
Der Laden heist Rand Uranium, dieren Schwerpunklt ist bislang das Gold nicht gewesen:
Denke eher, Froneman nutzt jetzt seine Erfahrungen aus Uranium One-Zeiten.
Die niedrige Gold Mineralisierung bei Rand Uranium ist doch ein Indikator, wo der Hammer hängen wird.
Harmony Gold kann damit nix anfangen, und Pamodzi .. naja
Siehe News aus dem Februar hier hier (das hat sich ja jetzt wohl gerade erübrigt):
RAND Uranium is separating its assets into two divisions, with Harmony Gold taking over the management of its gold mines
http://webcache.googleusercontent.com/search?hl=en&q=cache:H…
Zumal die "vereinigte" Resourcenbasis jetzt langsam gigantisch wird.
Der Laden heist Rand Uranium, dieren Schwerpunklt ist bislang das Gold nicht gewesen:
Overview
Rand Uranium is an independent resource company, formed in South Africa in November 2008, to capitalise on the global nuclear renaissance.
The company was formed when Harmony Gold, the world’s fifth largest gold producer sold the Cooke sections of its Randfontein Estates Gold Mine to Pamodzi Resources Fund (“PRF”), backed by First Reserve and AMCI Capital.
Strategy...
Rand Uranium's strategy is to build an independent Uranium and Gold company to exploit the low risk, high margin characteristics of the Cooke asset base, positioning the company to consolidate uranium production both locally and internationally.
Denke eher, Froneman nutzt jetzt seine Erfahrungen aus Uranium One-Zeiten.
Die niedrige Gold Mineralisierung bei Rand Uranium ist doch ein Indikator, wo der Hammer hängen wird.
The new plant will have the capacity to treat 5.4mtpa of uranium containing ores from low risk surface and underground resources, and will produce between 2.3 and 2.4 mlbs per year of U3O8. Construction is expected to commence in 2010 with a 30 month period to the commissioning of the plant.
Harmony Gold kann damit nix anfangen, und Pamodzi .. naja
Siehe News aus dem Februar hier hier (das hat sich ja jetzt wohl gerade erübrigt):
RAND Uranium is separating its assets into two divisions, with Harmony Gold taking over the management of its gold mines
http://webcache.googleusercontent.com/search?hl=en&q=cache:H…
Antwort auf Beitrag Nr.: 41.420.712 von globaldigger am 28.04.11 08:24:3740 Mio sind meiner Meinung nach der obligatorische Eigenanteil, das ist quasi ne Vollfinanzierung, von daher sehe ich das sehr positiv als Vertrauensbeweis desjenigen, welcher die Knete bereit stellt.
Aus 2009
PRF pays US$209m for Rand Uranium
http://www.prf1.com/investor_mediacenter_1.html
Pamodzi Resources Fund 1 LLP (“PRF”) has defied adverse private equity conditions to pay US$172 million to Harmony Gold (“Harmony’) to finalise a US$209-milion acquisition of 60 percent in Rand Uranium (Proprietary) Limited ("Rand Uranium").| MORE...
PRF pays US$209m for Rand Uranium
http://www.prf1.com/investor_mediacenter_1.html
Pamodzi Resources Fund 1 LLP (“PRF”) has defied adverse private equity conditions to pay US$172 million to Harmony Gold (“Harmony’) to finalise a US$209-milion acquisition of 60 percent in Rand Uranium (Proprietary) Limited ("Rand Uranium").| MORE...
Antwort auf Beitrag Nr.: 41.420.527 von MFC500 am 28.04.11 07:29:43Mein (emotionales) Fazit ist:
Der Deal ist kein Schnäppchen, sondern ein riesengroßer Vertrauensbeweis in Fronemans unternehmerische / technologische Kenntnisse und Fähigkeiten sowie dessen modernen Führungsstil.
Der Deal ist kein Schnäppchen, sondern ein riesengroßer Vertrauensbeweis in Fronemans unternehmerische / technologische Kenntnisse und Fähigkeiten sowie dessen modernen Führungsstil.
Nachdem ich mich nun ein bißchen schlau gemacht - oder besser gesagt den Versuch hierzu unternommen habe, werde ich das Unternehmen nicht weiter covern. Aus meiner Sicht gibt es zu viele Unklarheiten/Fragen bzgl dieser Akquisition. Natürlich könnte man, wie XIO schreibt, auf das Management von Froneman vertrauen, getreu dem Motto, daß sie schon wissen werden, was sie tun. Das entspricht allerdings nicht meiner Einstellung. Ich muß ein Unternehmen möglichst gut selbst einschätzen können, was hier nicht der Fall ist.
Rand Uranium (RU) ist für Aussenstehende eine Black Box. Es gibt keinerlei Finanzberichte, womit eine Einschätzung der Vermögens- und Finanzlage ebenso unmöglich ist wie die Beurteilung, ob der Kaufpreis angemessen ist. Gleiches gilt für das operative Geschäft. Nur ein Beispiel: Sind die genannten U$1220/oz "cash cost" oder "total cost"? Es ist zudem bemerkenswert, daß RU im Juni 2009 (!) mit U$348 Mio bewertet wurde, während die Verkäufer sich heute mit U$250 Mio begnügen. Und dies, obwohl der NAV angeblich $500 Mio beträgt.
Die Kosten für eine Uranproduktion wurden damals mit U$350 Mio geschätzt, was heute deutlich mehr sein dürfte und v.a. auch noch finanziert werden muß. Unklar ist ferner, wie es genehmigungsseitig aussieht und wie die Bevölkerung zu einer Uranmine steht. Wobei ich ohnehin kein Interesse an einem Gold-Uran-Produzenten habe. Natürlich kann man das Uran auch als zusätzliche Chance betrachten; das ist letztlich Geschmacksache. Mit GDO wollte ich jedoch die Goldkarte spielen; Uran kann sich hierbei ggf als erheblicher Bremsklotz erweisen.
Rand Uranium (RU) ist für Aussenstehende eine Black Box. Es gibt keinerlei Finanzberichte, womit eine Einschätzung der Vermögens- und Finanzlage ebenso unmöglich ist wie die Beurteilung, ob der Kaufpreis angemessen ist. Gleiches gilt für das operative Geschäft. Nur ein Beispiel: Sind die genannten U$1220/oz "cash cost" oder "total cost"? Es ist zudem bemerkenswert, daß RU im Juni 2009 (!) mit U$348 Mio bewertet wurde, während die Verkäufer sich heute mit U$250 Mio begnügen. Und dies, obwohl der NAV angeblich $500 Mio beträgt.
Die Kosten für eine Uranproduktion wurden damals mit U$350 Mio geschätzt, was heute deutlich mehr sein dürfte und v.a. auch noch finanziert werden muß. Unklar ist ferner, wie es genehmigungsseitig aussieht und wie die Bevölkerung zu einer Uranmine steht. Wobei ich ohnehin kein Interesse an einem Gold-Uran-Produzenten habe. Natürlich kann man das Uran auch als zusätzliche Chance betrachten; das ist letztlich Geschmacksache. Mit GDO wollte ich jedoch die Goldkarte spielen; Uran kann sich hierbei ggf als erheblicher Bremsklotz erweisen.
Antwort auf Beitrag Nr.: 41.421.685 von MFC500 am 28.04.11 10:33:13Hi MFC,
es ist natürlich durchaus möglich, dass Rand Uranium als Vehikel zu einer Aktienmehrheit eines gdo-Übernehmers herhält. Es ist ja schon komisch, dass die Chinesen kurz vor dem Tradinghalt 17% an gdo erwarben. Der Kredit ist underwritten, wie man neudeutsch sagt. Man kann natürlich viel spekulieren, dass gerade eben die Chinesen an U und Gold in SA Interesse haben und finanzieren. Aber nochmals zum Anfang von GDO. Die bereits vorhandenen Assets von GDO sind doch alleine schon recht aussichtsreich und haben sich durch die Aquise doch nicht verkleinert??.
Ich verstehe schon Deinen Punkt. GDO-Aktionäre investierten hier in einen reinrassigen Goldplay mit super Kostenstruktur. Jetzt hat man ne Liegenschaft mit hohen Goldförderkosten und eben nen U-play. Das ist fundamental ne andere Firma.
Digger
es ist natürlich durchaus möglich, dass Rand Uranium als Vehikel zu einer Aktienmehrheit eines gdo-Übernehmers herhält. Es ist ja schon komisch, dass die Chinesen kurz vor dem Tradinghalt 17% an gdo erwarben. Der Kredit ist underwritten, wie man neudeutsch sagt. Man kann natürlich viel spekulieren, dass gerade eben die Chinesen an U und Gold in SA Interesse haben und finanzieren. Aber nochmals zum Anfang von GDO. Die bereits vorhandenen Assets von GDO sind doch alleine schon recht aussichtsreich und haben sich durch die Aquise doch nicht verkleinert??.
Ich verstehe schon Deinen Punkt. GDO-Aktionäre investierten hier in einen reinrassigen Goldplay mit super Kostenstruktur. Jetzt hat man ne Liegenschaft mit hohen Goldförderkosten und eben nen U-play. Das ist fundamental ne andere Firma.
Digger
Ich bleib weiter drin.
Froneman hat Erfahrungen mit Uran und Gold und im Business mittlerweile voll im "Futter". Er hat auch bei Uranium One mal paar auf die Mütze bekommen.. von daher schätze ich ihn als erfahren genug ein.
Froneman hat Erfahrungen mit Uran und Gold und im Business mittlerweile voll im "Futter". Er hat auch bei Uranium One mal paar auf die Mütze bekommen.. von daher schätze ich ihn als erfahren genug ein.
Antwort auf Beitrag Nr.: 41.422.991 von globaldigger am 28.04.11 13:34:13die - für mich - zentrale Frage ist doch, warum verkaufen die Aktionäre jetzt (Goldpreis auf Rekordhoch) UND zu diesem Preis, immerhin 28% weniger als sie 2009 (beachte den damaligen Goldpreis) bezahlt haben. Auch das Uranprojekt ist doch angeblich wesentlich weiter fortgeschritten ("de-risked") als damals. Man sollte ferner davon ausgehen, daß die Verkäufer ihre Projekte wesentlich besser kennen, da sie diese seit geraumer Zeit besitzen. Insofern würde ich keine Wette darauf eingehen, wer, Käufer oder Verkäufer, hier einen guten Deal gemacht hat. Vielleicht gelingt es Froneman ja, die Produktionskosten signifikant zu senken. Das muß sich jedoch erst noch zeigen. Ansonsten droht (teilweise) der CF von Modder East aufgezehrt zu werden. Und um auch das nochmal zu unterstreichen: wir wissen nicht, inwieweit bilanzielle Lasten mit übernommen werden! Es ist also keinesfalls nur ein Aspekt, der mir mißfällt. Die Diversifierung als zukünftiger Uranproduzent ist da nur ein weiterer und obendrein subjektiver Kritikpunkt.
Antwort auf Beitrag Nr.: 41.423.476 von MFC500 am 28.04.11 14:55:18Ich kann Deine Bedenken schon nachvollziehen. Jetzt müssen weitere Infos ran, vor allem, was die Goldproduktion betrifft, wäre es interessant zu erfahren, wieso die Kosten 1. überhaupt so extrem hoch sind (liegt es z.B. an der geringen Mineralisierung/Tonne) und 2., welche Maßnahmen erfoderlich sind, diese zu senken.
3. interessiert mich der Stand der Uranium-Anlage. 2013 soll es ja los gehen.
3. interessiert mich der Stand der Uranium-Anlage. 2013 soll es ja los gehen.
Antwort auf Beitrag Nr.: 41.423.619 von XIO am 28.04.11 15:20:02eben. Transparenz ist gefragt. Nur wird man bestimmte Dinge erst aus einem konsolidierten Quartalsbericht erfahren. Bis dahin geht noch viel Wasser den Bach hinunter. Das war´s jetzt aber von meiner Seite. Ich habe meinen Senf zur aktuellen Entwicklung abgegeben, und damit soll´s gut sein. Den Investierten wünsche ich, daß meine Skepsis sich als unbegründet erweisen wird. Man liest sich andernorts.
Aus HC:
Hi all,
I've just written up an overview and emailed a few friends about this company, i thought id share:
GDO - Gold One International (Share Price $0.47, Market Capital $380m)
GDO currently hold a huge resource and based on its resource alone should be worth a whole lot more, and with the new takeover of Rand Uranium, it has effectively doubled its gold resource and added a substantial amount of Uranium to its resource base.
Currently (Pre-Takeover) GDO has no debt and was producing Gold at a rate which would see the 2011 production figures of 120,000 ounces with operating costs of production (OPEX) sitting at $420/ounce pre royalties, depreciation and financing costs, and $620 post royalties, depreciation and financing costs, with the current price of gold over $1500/ounce there is a huge margin of profit:
On a conservative $1250 price of gold (though in the last quarter the average price per ounce recieved was $1384/ounce), GDO has a margin of $600/ounce, at 120,000 ounces gives GDO profit of $72 million. Giving GDO a P/E of 5.3 (industry averages between 10-20 depending on scale of operation) this should technically give GDO a share price of $0.89 (P/E of 10). Operation due to scale up to 160,000 ounces in 2012 --> 270,000 ounces by 2016
Assuming gold remains at $1500/ounce (thought current signs show gold heading over and above $2000 in the medium term (1 year)) GDO should be producing 160,000 ounces at a margin of $900 in 2012 which would give a nifty little profit of $144m, with a P/E of 10, the share price should reflect $1.78, and further in 2016 at 270,000 at $900 margin gives a profit of $243m and P/E10 gives a share price to reflect $3.00.
Currently have a few projects going through their Feasibility stages and each coming into production over the next few years, which will get them to that 270,000 ounces per year production.
Gold (measured, indicated and reserved) currently sits at a HUGE 21m ounces! While the majority of this sits in the indicated and inferred resource, the measured will soon be confirmed and allow these production figures to prosper.
Goliath Gold is a spin off company that GDO has created with its Magmine assets, GDO holds 71% interest in this new company.
Takeover of Rand Uranium: This is a major step taken by GDO and will have an immediate impact on the company. GDO has entered into a binding agreement to take over Rand Uranium for $250m/US. Of which a $210m US loan facility is currently being set-up, thought pending approval as the financier does their due-dilligence. The remander would either be paid through; a share placement, a capital raising, or profits, the latter would be most friendly to current shareholders.
For $250m, GDO has acquired this GOLD PRODUCING company, who will immediately add about 150,000 ounces per year to GDOs production, giving GDO a production figure of 300,000 ounces in 2012! Along with this, the acquisition includes a further 13.5m ounces of resource and 3m ounces of reserves. Pushing the total gold resource of GDO to over 45m ounces!!!
(Compare this with other gold companies located in this African region - GRY - Gryphoon Minerals 2m ounces for a market cap of $500m; AMX - Ampella Resources 2m ounce for a market cap of $500m, PRU - Perseus Metals 5m ounces for a market cap of $1,200m has planned 150,000 ounce per year production in 2012 and 330,000 in 2013, similar costs as that of GDO currently; none of these companies are currently producing yet are worth more than GDO - Gold One International 45m ounces, $380 market cap, with 120,000ounces 2011, and 300,000 ounces 2012)
Though Rand Uranium does add 150,000 ounces to the production, these ounces seem to have been mismanaged by Rand, effectively costing $1235/ounce to produce (OPEX), GDO has signaled that the infrastructure can support over 500,000 ounce production and that it was 'underutilized' and that they would work to get these costs down. This could be a reason why the market didnt shoot up on the news of the acquisition, though still very much should have. It seems that this extra 150,000 ounces per year would need to be proven to be profitable (decrease current OPEX for that project, before the market can react to the super acquisition). Though on a EV/R scale with 45m ounces currently the company is worth about $7 an ounce (impossible to believe! current spot price is $1500 an ounce)
Lets do some more math! - for 2012, include GDO current production forecast of 160,000 ounces at a cost of $650, gold selling price at $1500 = $136m add on the Rand Uranium project of a further 150,000 ounces at a cost of $1235 = $39.75m which would give GDO a profit of $175.75m profit without decreasing costs at the new project, and using a future gold price of $1500, with a P/E of 10, gives an indicative share price of $2.17 (now consider the effect if 1. Costs decrease, 2. Price of gold further increases)
Back to Rand Uranium's takeover, we are yet to consider the Uranium assets that have been acquired, 90m pounds of Uranium mineral resource and 41 million pounds in mineral ore reserve has been added to GDO's books, including a 70% complete DFS for the uranium project which is expected to produce 2.3m pounds p/a over the first 10 years and then 1.5m pounds p/a over the next 5 years, (current u3o8 price is about $60 a pound, though long term uranium prices seem to be headed up, as more power plans are built despite the recent tragedy in Japan). This will add value to the company allowing it to become a uranium producer and further explore the upside in that field, with this uranium resource, the current Rand Uranium gold mine has gold ore that has significant amounts of uranium within it (this will help decrease the gold production costs at the Rand mine, as costs of extracting uranium will now be offset by being able to sell the uranium)
I'm not sure if i have missed anything, but this is one company to look into, it was a great company last week prior to the takeover, and now is set to do major things!
(p.s. I need to learn how to BOLD some selected text, as the original email had bolded figures/words, here it's all plain text!)
Enjoy!
WoW, ich bin echt überrascht über diesen Deal.
Hatte eigentlich vermutet, man schnappt sich einen Explorer ausserhalb Süd Afrikas für 30 bis maximal 100Mio Dollar. Aber nein gleich einen Produzenten für 60% der eigenen MK.
Dann bekommt man auch gleich noch ein Finanzing für 210Mio Dollar hin. Echt heftig.
Ganz klar es wird jetzt erstmal undurchsichtig aber ich denke GDO wird alles dafür machen die Aktionäre ausreichend zu informieren.
Ich hoffe nur dass Gold One sich bei diesem Deal nicht übernommen hat.
Das Risiko für den Erfolg des Unternehmens ist deutlich gestiegen. Die Chancen natürlich auch.
Hatte eigentlich vermutet, man schnappt sich einen Explorer ausserhalb Süd Afrikas für 30 bis maximal 100Mio Dollar. Aber nein gleich einen Produzenten für 60% der eigenen MK.
Dann bekommt man auch gleich noch ein Finanzing für 210Mio Dollar hin. Echt heftig.
Ganz klar es wird jetzt erstmal undurchsichtig aber ich denke GDO wird alles dafür machen die Aktionäre ausreichend zu informieren.
Ich hoffe nur dass Gold One sich bei diesem Deal nicht übernommen hat.
Das Risiko für den Erfolg des Unternehmens ist deutlich gestiegen. Die Chancen natürlich auch.
Froneman sets out Rand Uranium strategy
http://www.miningmx.com/news/gold_and_silver/Froneman-sets-o…
Gold One CEO Neal Froneman said the company was planning to invest R200m in Rand Uranium’s gold assets during the first 18 months following the acquisition to improve grade and reduce costs, aiming to knock 20% of the current underground operating costs of R1,000/tonne.
“The shaft infrastructure (at Cooke) is significantly underutilised,” said Froneman. “Last year it produced from (an average of) 88,500 tonnes of underground ore per month, when in fact it has a design capacity of 500,000t per month.”
According to Gold One figures, the Cooke shafts and surface operations contained a total resource of 13.46 million ounces and a grade of 1 gram per tonne (416.73 tonnes of ore).
Froneman said the Cooke shafts shouldn’t be viewed as low-margin assets, as it would be able to compete with Modder East on price once the uranium operations became part of calculations.
“This is not a marginal business,” said Froneman. “The moment when you develop uranium as a co-product it (costs) goes down to (around) $400/oz
http://www.miningmx.com/news/gold_and_silver/Froneman-sets-o…
Gold One CEO Neal Froneman said the company was planning to invest R200m in Rand Uranium’s gold assets during the first 18 months following the acquisition to improve grade and reduce costs, aiming to knock 20% of the current underground operating costs of R1,000/tonne.
“The shaft infrastructure (at Cooke) is significantly underutilised,” said Froneman. “Last year it produced from (an average of) 88,500 tonnes of underground ore per month, when in fact it has a design capacity of 500,000t per month.”
According to Gold One figures, the Cooke shafts and surface operations contained a total resource of 13.46 million ounces and a grade of 1 gram per tonne (416.73 tonnes of ore).
Froneman said the Cooke shafts shouldn’t be viewed as low-margin assets, as it would be able to compete with Modder East on price once the uranium operations became part of calculations.
“This is not a marginal business,” said Froneman. “The moment when you develop uranium as a co-product it (costs) goes down to (around) $400/oz
Antwort auf Beitrag Nr.: 41.427.483 von MFC500 am 29.04.11 09:15:25...wird ziemlich kritisch "auseinendergenommen", der Froneman
Harmony exits uranium
http://www.businessday.co.za/articles/Content.aspx?id=141352
http://www.businessday.co.za/articles/Content.aspx?id=141352
Antwort auf Beitrag Nr.: 41.431.034 von XIO am 29.04.11 17:53:49Das wird echt spannend. Gold knackt gerade die 1550§ Marke. Ich hoffe, die packen das was sie sich durch den Erwerb erhoffen. Geht alles auf haben wir hier in 5 Jahren einen großen Produzenten. Wenn man Froneman glauben schenkt, dann hat die Rand Uranium Mine Potential von 500K Unzen Gold jährlich + das Uranium + die Modder East Mine + Ventersburg.
Das Risiko gehe ich ein. Der Kurs wird sich wieder erholen.
Das Risiko gehe ich ein. Der Kurs wird sich wieder erholen.
Antwort auf Beitrag Nr.: 41.431.543 von Haxe08 am 29.04.11 19:17:521550$ natürlich
Email response from their IR manager- Ilja Graulich
Jas
We have not made full announcements on the debt, this will come in time
Below responses to some of the major questions, we have had, including your questions
Also, we are looking at some 500 retrenchments @ RU as we speak to bring costs down, and optimisation of treatment of ore.
IDG
Are the assets BEE compliant post GDO’s acquisition and what is GDO’s effective level of ownership?
No the assets as they are currently contemplated in the sale are not BEE compliant. To achieve approval of the transaction from the Department of mineral Resources (DMR) BEE compliancy will need to be put into place prior to the transaction being finalized. This will be done using a similar model to that applied at the other Gold One assets, e.g. Modder East and Goliath. Effectively this is done at an asset level where 26% of the asset is sold to the BEE partners funded by vendor financing and repaid over time at market related prices. As such Gold One will effectively hold 100% of the assets for now.
What levels of CAPEX do you envisage for the Cooke Gold Plant reconfiguration to treat underground ores?
Less than R20 million ($3 million). The Cooke plant has over the past few years been significantly upgraded By Rand Uranium to treat the surface sand material. It has also recently been “re-commissioned” on underground ore in limited volumes that have been batch treated during times when the Doornkop plant has been temporarily unavailable. The proposed Capex expenditure largely relates to upgrading the existing tanks within the plant and minor work on the mills. Once uranium production starts, an additional R25 million capital expenditure is envisaged to split the gold only and gold and uranium bearing ore into separate streams.
What improvement on current operating costs (ZAR1,000/t) are you targeting at Cooke underground?
Over the next 12 to 24 months we are looking at reducing the underground operating costs by at least 20%. Given the depth and volumes planned, opex costs for this operation should be approximately R750 – R800/ton. Additional cost savings will also be made on the processing side once all ore is treated at the Cooke Plant as opposed to the toll treating at Doornkop. This change over is anticipated to take between 6 and 12 months and processing costs could be reduced by as much as 30%.
What levels of CAPEX are being scoped for the new uranium processing facility?
A total CAPEX of R2.8 bn (~$410 million) of which R0.3 bn is directly related to the tailings depositional facility and the remainder to the U Plant. Gold One will review in detail the existing feasibility study to determine whether any cost savings in this regard are prudent (initial indications are that some savings are likely).
What sort of operating costs are targeted in the uranium study?
It is important to recognise that Gold One does not view the uranium project as a “standalone” project but rather as a co-product that facilitates a reduction in gold operating costs. This is probably the single biggest difference between Gold One’s view and that of the current owners which makes this acquisition so exciting in the medium term. However to try and split out uranium costs alone would suggest that operating costs for the surface resource only are about 45$/lb (in addition gold would be recovered from this dump which when taken as a credit to U opex, would result in a net OPEX cost of 40$/lb). If underground ore is included (i.e. mining costs carried by Gold production and only processing costs carried by Uranium) then total operating costs for U production is about 40$/lb.
When considering the co-product model, our modelling suggests that at steady state, gold cash costs (including uranium credits) will be below US$400/oz.
When is GDO hoping to make an investment decision on the uranium project?
In 2012. This will follow a detailed review of the existing feasibility study as well as an optimised co-product mining plan being developed.
Danke XIO für das Einstellen der Mail.
Im HC Board hat jemand einen link eingestellt. Unten sind da wohl die Zahlen für das Jahr 2009/2010.
Ich kann die Zahlen nicht ganz zuordnen. Da ist ein Umsatz von 223Mio US Dollar dokumentiert?
Hmm, komisch ein bisschen aber schwarz unterm Strich
Im HC Board hat jemand einen link eingestellt. Unten sind da wohl die Zahlen für das Jahr 2009/2010.
Ich kann die Zahlen nicht ganz zuordnen. Da ist ein Umsatz von 223Mio US Dollar dokumentiert?
Hmm, komisch ein bisschen aber schwarz unterm Strich
Antwort auf Beitrag Nr.: 41.440.333 von Haxe08 am 02.05.11 17:55:23Ähm ja, hier der Link natürlich
http://www.har.co.za/n21.htm
http://www.har.co.za/n21.htm
Antwort auf Beitrag Nr.: 41.440.333 von Haxe08 am 02.05.11 17:55:23Man oh Man bin ich verpeilt heute. Es soll sich dabei um die geprüften Zahlen von Uranium One handeln.
Nachdem es in Namibia (als interessanter "Uran Standort") nicht mehr so einfach ist, an NEUE Lizenzen heranzukommen, denke ich, könnte dies GDO`s Substanz mit Bezug auf die Region südliches Afrika noch weiter aufwerten.
Siehe:
http://www.az.com.na/wirtschaft/status-quo-im-bergbau-bleibt…
Siehe:
http://www.az.com.na/wirtschaft/status-quo-im-bergbau-bleibt…
auf HC gefunden:
Antwort auf Beitrag Nr.: 41.470.484 von XIO am 08.05.11 17:57:240,79 AUD wär doch mal ein Anfang
Man sollte erwähnen, dass sich GDO im Verhältnis zu anderen Minenwerten recht gut gehalten hat, wenn man sich die aktuelle Konsolidierungsphase anschaut.
Dat wird alles noch und die Goldhause ist auch noch lange nicht vorbei
Man sollte erwähnen, dass sich GDO im Verhältnis zu anderen Minenwerten recht gut gehalten hat, wenn man sich die aktuelle Konsolidierungsphase anschaut.
Dat wird alles noch und die Goldhause ist auch noch lange nicht vorbei
Ich hab mir mal Harmony Gold angeschaut. Die haben ne MK von 4,5 Mia Euro wohlbemerkt und Cash Kosten überhalb der 800 Dollar. Hmm klar man produziert 1,2 Mio Unzen pro Jahr aber GDO mit seinen ganzen Projekten....
http://newstonight.net/content/gold-miners-lead-jse-overall-…
das wären also ca. 290 MioEuro.. dafür kommt bestimmt irgendwann nochmal eine KE
Yesterday, Harmony Gold and the supporters of Pamodzi Resources Fund reached an agreement to put a limit to their involvement with Rand Uranium and to sell Gold One for $250 million. This decision came after a number of setbacks hindered their work to finance a uranium project that would cost R2.8 billion.
Gerard Kemp, the Chief Investment Officer for Pamodzi Resources Fund said, “Our investment period is three years and it became time to reap the returns. The US investors decided they did not want to invest any more in Rand Uranium to build the uranium plant. We are closing the fund and not raising any more money into the fund”.
das wären also ca. 290 MioEuro.. dafür kommt bestimmt irgendwann nochmal eine KE
Gold One again under ASX spotlight
http://www.miningmx.com/news/gold_and_silver/gold-one-again-…
http://www.miningmx.com/news/gold_and_silver/gold-one-again-…
Gold One assessing change-of-control deal
http://www.miningweekly.com/article/gold-one-assessing-chang…
http://www.miningweekly.com/article/gold-one-assessing-chang…
Antwort auf Beitrag Nr.: 41.482.360 von XIO am 11.05.11 06:33:00
Investec Said to Provide Gold One With $210 Million Loan for Acquisition
http://www.bloomberg.com/news/2011-05-12/investec-said-to-pr…
http://www.bloomberg.com/news/2011-05-12/investec-said-to-pr…
Investec Plc (INVP), a South African bank, agreed to provide a $210 million facility to gold producer Gold One International Ltd. (GDO) for its proposed acquisition of Rand Uranium Ltd., two people with knowledge of the accord said.
The facility is subject to conditions, including the results of Gold One’s due-diligence study of Rand Uranium, said the people, who declined to be identified because the conditions are yet to be met.
Gold One said April 28 it plans to buy Rand Uranium, a gold producer with uranium assets, as it seeks to increase and diversify its output. Johannesburg-based Gold One will acquire the company from a group including Harmony Gold Mining Ltd. for $250 million in cash.
Investec, a private bank and wealth manager listed in Johannesburg and London, said Feb. 3 it expects full-year profit to be constrained by the slow recovery in non-performing loans and the number of banking transactions.
9:10 am Trading Halt
na jetzt bin ich aber gespannt
na jetzt bin ich aber gespannt
Antwort auf Beitrag Nr.: 41.495.663 von XIO am 13.05.11 01:14:10 wegen "change of control transaction"
Jetzt wird`s richtig spannend!
Jetzt wird`s richtig spannend!
Antwort auf Beitrag Nr.: 41.495.670 von XIO am 13.05.11 01:24:06hai ja jei und ich bin immer noch fast all in. das fetzt an den nerven.
Antwort auf Beitrag Nr.: 41.495.775 von Haxe08 am 13.05.11 07:07:00Die Frage ist jetzt, Übernahme oder "nur" Änderung der Mehrheitsverhältnisse.
Hoffe, wir bleiben noch ein weilchen GDO
Hoffe, wir bleiben noch ein weilchen GDO
Gold One to announce 'landmark' deal
http://www.miningmx.com/news/gold_and_silver/Gold-One-to-ann…
interessante Kommentare
http://www.miningmx.com/news/gold_and_silver/Gold-One-to-ann…
interessante Kommentare
Antwort auf Beitrag Nr.: 41.500.742 von XIO am 13.05.11 18:36:31Hast du eine Übersicht über die aktuelle Sharestruktur?
Wie viel Prozent halten die Kleinanleger, wie viel das management und wie viel die institutionellen Shareholder?
Wie viel Prozent halten die Kleinanleger, wie viel das management und wie viel die institutionellen Shareholder?
Antwort auf Beitrag Nr.: 41.496.060 von XIO am 13.05.11 08:36:11sieht so aus als ob eine offer for control abgegeben werden könnte in den nächsten tagen
Antwort auf Beitrag Nr.: 41.503.049 von shareholder4 am 14.05.11 13:51:54Unter 0,70AUD gibts hoffentlich nichts zu holen für die Chinesen.
Für 0,70 gib ich meine her, natürlich steck ich nicht drin wenn es weniger wird aber 0,70AUD wären richtig fett. Man sollte die ca. 40Mio Unzen Gold bedenken, also 60Mia Dollar verdammt!
0,70AUD = ca. 600Mio Cash +300Mio Schulden + Bondholder. 900Mio kann man schon bringen für eine Modder East + Ven + Rand + Goliath etc....
0,70 AUD bei dem aktuell schwächelnden HUI, geil da gibt es aktuell richtig günstige Werte auf dem Markt. Einfach genial wenn ein Wert gegen den Markt läuft.
Oceana Gold, Revett Minerals, Avion Gold etc....
Oh ja es wäre zu schön um wahr zu sein.
Und dann gehts montag runter..... ne glaub ich nicht
Schönes WE
Für 0,70 gib ich meine her, natürlich steck ich nicht drin wenn es weniger wird aber 0,70AUD wären richtig fett. Man sollte die ca. 40Mio Unzen Gold bedenken, also 60Mia Dollar verdammt!
0,70AUD = ca. 600Mio Cash +300Mio Schulden + Bondholder. 900Mio kann man schon bringen für eine Modder East + Ven + Rand + Goliath etc....
0,70 AUD bei dem aktuell schwächelnden HUI, geil da gibt es aktuell richtig günstige Werte auf dem Markt. Einfach genial wenn ein Wert gegen den Markt läuft.
Oceana Gold, Revett Minerals, Avion Gold etc....
Oh ja es wäre zu schön um wahr zu sein.
Und dann gehts montag runter..... ne glaub ich nicht
Schönes WE
Antwort auf Beitrag Nr.: 41.503.742 von Haxe08 am 14.05.11 20:20:13Die Frage wird sein, was wird nach der nächsten News aus GDO, falls sich nur die Mehrheitsverhältnisse verschieben, und es weiter geht, warum sollte man dann nicht länger drinne bleiben.
0,70AUD wären bei mir so 95% Gewinn.. ok für 4 Monate, aber eigentlich hab ich noch mehr vor gehabt.
0,70AUD wären bei mir so 95% Gewinn.. ok für 4 Monate, aber eigentlich hab ich noch mehr vor gehabt.
Antwort auf Beitrag Nr.: 41.504.173 von XIO am 15.05.11 09:41:46Hallo Xio,
Ich war noch nie in eine Übernahme involviert. Was würde denn z.B. passieren, wenn sich jemand 60% der gesamten Anteile sichert. Da er so die Mehrheit besitzt, wäre es doch ein Kinderspiel sich die restlichen 40% unter den Nagel zu reißen. Wir hätten doch gar keine Chance, er kann den Preis ja dann quasi selbst bestimmen?
Aber das kann ja so nicht sein. Kannst du mich aufklären?
Ich war noch nie in eine Übernahme involviert. Was würde denn z.B. passieren, wenn sich jemand 60% der gesamten Anteile sichert. Da er so die Mehrheit besitzt, wäre es doch ein Kinderspiel sich die restlichen 40% unter den Nagel zu reißen. Wir hätten doch gar keine Chance, er kann den Preis ja dann quasi selbst bestimmen?
Aber das kann ja so nicht sein. Kannst du mich aufklären?
Antwort auf Beitrag Nr.: 41.504.485 von Haxe08 am 15.05.11 12:08:37Zum Beispiel bei KIM = Kimberley Diamonds lief die Übernahme durch GEM Diamonds(LSE:GEMD) für die investierten Anleger sehr ungünstig ab. Erst sank der KIM Sharepreis auf Grund von Hochwasser und Krise und dann kam noch ein Angebot auf noch niedrigerem Level für den verbliebenen Freefloat, nachdem sich GEMD die Mehrheit gesichert hatte, so daß fast alle Kleinanleger entnervt mit Verlust verkauft hatten.
Zu guter Letzt schmierte dann auch noch GEM ab (kamen von über 1000 BPC auf 130)
Hier ist es ja Gott sei Dankl bissl anders.
Wenn der Chinamann mit seiner Offer hier bei GDO über 51% kommt, ist das Ding gelaufen.
Den verbliebenen Preis für den Freefloat werden die Zukunftsaussichten bestimmen, da bestimmt in 2012 eine Dividendenregelung zu erwarten ist. Also hoffe ich auf mindestens 53 Cent+X und entweder gute Gründe, weiter investiert zu bleiben, oder anständig verkaufen zu können.
Zu guter Letzt schmierte dann auch noch GEM ab (kamen von über 1000 BPC auf 130)
Hier ist es ja Gott sei Dankl bissl anders.
Wenn der Chinamann mit seiner Offer hier bei GDO über 51% kommt, ist das Ding gelaufen.
Den verbliebenen Preis für den Freefloat werden die Zukunftsaussichten bestimmen, da bestimmt in 2012 eine Dividendenregelung zu erwarten ist. Also hoffe ich auf mindestens 53 Cent+X und entweder gute Gründe, weiter investiert zu bleiben, oder anständig verkaufen zu können.
Antwort auf Beitrag Nr.: 41.504.610 von XIO am 15.05.11 13:00:29ok, danke der Info.
Deshalb kam auch mal meine Frage mit der Share structure. Ich find einfach keine Übersicht in welchen Händen die Shares aktuell liegen.
Von Vorteil wäre hier ja eindeutig, wenn wir Kleinanleger den Bärenanteil besitzen würden.
NF hat ja im März auch nochmal gut zugelangt. Der will seine 1,5Mio bestimmt nicht für 0,53 hergeben, hoffe ich doch zumindest.
Deshalb kam auch mal meine Frage mit der Share structure. Ich find einfach keine Übersicht in welchen Händen die Shares aktuell liegen.
Von Vorteil wäre hier ja eindeutig, wenn wir Kleinanleger den Bärenanteil besitzen würden.
NF hat ja im März auch nochmal gut zugelangt. Der will seine 1,5Mio bestimmt nicht für 0,53 hergeben, hoffe ich doch zumindest.
Wenn deren Gerücht zutreffen würde, dann werden es um die 0,52 AUD.
Prickelnd ist das nicht...
"Gold One is in talks with Chinese groups including Baiyin Nonferrous Metal Group Co. about an offer that could value the company at more than A$420 million ($448 million), the Australian Financial Review reported yesterday without saying where it got the information."
http://www.bloomberg.com/news/2011-05-13/gold-one-producer-i…
Prickelnd ist das nicht...
"Gold One is in talks with Chinese groups including Baiyin Nonferrous Metal Group Co. about an offer that could value the company at more than A$420 million ($448 million), the Australian Financial Review reported yesterday without saying where it got the information."
http://www.bloomberg.com/news/2011-05-13/gold-one-producer-i…
Die wollen nur 0,55 Aus$ bieten. Das ist doch wohl ein schlechter Witz!
Antwort auf Beitrag Nr.: 41.506.023 von ArmerThor am 16.05.11 01:40:38das wären 41 Eurocent pari
So wie ich`s beim ersten mal drübergucken verstanden hab, hätten die Chinamänner 60% und injizieren weitere 150 Mio Dollar
So dumm klingt das doch gar nicht, man kann weiter investiert bleiben.
So wie ich`s beim ersten mal drübergucken verstanden hab, hätten die Chinamänner 60% und injizieren weitere 150 Mio Dollar
So dumm klingt das doch gar nicht, man kann weiter investiert bleiben.
New capital of at least A$150 million (ZAR1.1 billion*) will be injected into Gold One by the Consortium, which is aiming to secure a 60% to 75% shareholding in the company.
Gold One’s current listings on the ASX and the JSE will be maintained, with the possibility of a future listing on the Hong Kong Securities Exchange.
The Consortium may subscribe for up to an additional 188.7 million shares in Gold One at A$0.53, should the initial subscription by the Consortium and acceptances of the A$0.55 per Gold One share cash offer not result in the Consortium achieving an aggregate interest of 60% in Gold One’s ordinary share capital in issue
on a fully diluted basis.
Gold One’s current listings on the ASX and the JSE will be maintained, with the possibility of a future listing on the Hong Kong Securities Exchange.
The Consortium may subscribe for up to an additional 188.7 million shares in Gold One at A$0.53, should the initial subscription by the Consortium and acceptances of the A$0.55 per Gold One share cash offer not result in the Consortium achieving an aggregate interest of 60% in Gold One’s ordinary share capital in issue
on a fully diluted basis.
Das begeistert mich überhaupt nicht.
So wie ich die Chinesen einschätze werden Sie weiteres Kapital im Rahmen von Private Placements in die Firma bringen, durch die Verwässerung kann damit der Kurs gedrückt werden bis der Rest von selbst hinschmeisst.
Wenn Sie 60% haben kann Sie niemand daran hindern.
So wie ich die Chinesen einschätze werden Sie weiteres Kapital im Rahmen von Private Placements in die Firma bringen, durch die Verwässerung kann damit der Kurs gedrückt werden bis der Rest von selbst hinschmeisst.
Wenn Sie 60% haben kann Sie niemand daran hindern.
Antwort auf Beitrag Nr.: 41.509.581 von Trockentrader am 16.05.11 17:29:58Wenn hier mal ein Listing in Hongkong angesagt ist, wird das nicht unter den 0.55 AUD stattfinden, sondern wohl eher darüber.
Allein deswegen schon ein Grund, nicht voreilig seine Shares den Chinesen anzudienen.
Allein deswegen schon ein Grund, nicht voreilig seine Shares den Chinesen anzudienen.
Takeover moves Gold One to 'fast lane'
http://www.miningmx.com/news/gold_and_silver/Takeover-moves-…
http://www.miningmx.com/news/gold_and_silver/Takeover-moves-…
Antwort auf Beitrag Nr.: 41.510.444 von XIO am 16.05.11 19:55:33Was veranlasst dich zu der Annahme das der Kurs über 0,55 AUD liegen wird?
Antwort auf Beitrag Nr.: 41.511.400 von Trockentrader am 16.05.11 23:06:29Weil es keinen Sinn machen würde, sich für Betrag x Anteile zu sichern, um dann anzukündigen, daß man andere zu besseren Konditionen als Betrag x rein lässt
Antwort auf Beitrag Nr.: 41.511.482 von XIO am 16.05.11 23:40:53Die Gefahr die ich sehe ist folgende:
Wenn die Chinesen 60% haben entscheiden Sie auch was abgeht.
Wenn Sie die restlichen 40% haben wollen könnten Sie sich also für die in Zukunft benötigten Investitionen (die sie komplett selbst aufbringen) Aktien genehmigen -
auch zu für den Rest der Anteilseigner ungünstigen Konditionen (günstiger Emissionspreis, üppige/günstige Optionen etc.).
Da sich so das Ergebnis je Aktie senken lässt und der Kurs sich im allgemeinen nach diesem richtet dürfte auch der Aktienkurs sinken.
Gleichzeitig würde der prozentuale Anteil der Chinesen an der Firma (und somit am Gewinn)steigen.
Dieses Spiel ließe sich fortsetzen bis ihnen GDO quasi ganz gehört. Dann ist es auch uninteressant ob sie eine Milliarde Aktien zu 1 AUD oder zwei Milliarden zu 0,50 AUD halten, die MK bleibt dieselbe.
Bei so einer "schleichenden Enteignung" der restlichen Anteilseigner würden die Konditionen trotz gesunkenem Aktienkurs durchaus nicht besser sein.
Wenn die Chinesen 60% haben entscheiden Sie auch was abgeht.
Wenn Sie die restlichen 40% haben wollen könnten Sie sich also für die in Zukunft benötigten Investitionen (die sie komplett selbst aufbringen) Aktien genehmigen -
auch zu für den Rest der Anteilseigner ungünstigen Konditionen (günstiger Emissionspreis, üppige/günstige Optionen etc.).
Da sich so das Ergebnis je Aktie senken lässt und der Kurs sich im allgemeinen nach diesem richtet dürfte auch der Aktienkurs sinken.
Gleichzeitig würde der prozentuale Anteil der Chinesen an der Firma (und somit am Gewinn)steigen.
Dieses Spiel ließe sich fortsetzen bis ihnen GDO quasi ganz gehört. Dann ist es auch uninteressant ob sie eine Milliarde Aktien zu 1 AUD oder zwei Milliarden zu 0,50 AUD halten, die MK bleibt dieselbe.
Bei so einer "schleichenden Enteignung" der restlichen Anteilseigner würden die Konditionen trotz gesunkenem Aktienkurs durchaus nicht besser sein.
Antwort auf Beitrag Nr.: 41.511.619 von Trockentrader am 17.05.11 01:29:52Darin sehe ich keinen Sinn, es gibt mit Goliath und Rand jede Menge Baustellen, welche in Zukunft finanziert werden müssen. Deswegen wird man attraktiv bleiben müssen, sei es für Banken als Kreditgeber, oder für die Aktionäre.
Antwort auf Beitrag Nr.: 41.511.912 von XIO am 17.05.11 08:13:44Ich bin selber in GDO investiert spiele hier nur ein weiteres Szenario durch.
Was ist, wenn China weiterhin über chinesische Firmen ihren riesigen Berg wertlose Dollar in Goldproduzenten transferiert. So kann man zu Spottpreisen die eigene Währung mit Gold gegensichern.
Im Falle von GDO würde dann die neuen Kapitalmaßnahmen direkt aus dem riesigen Handelsüberschuß Chinas und nicht über die Aktienmärkte besorgt.
Mögliche Realität, oder reine Fiktion?
Was ist, wenn China weiterhin über chinesische Firmen ihren riesigen Berg wertlose Dollar in Goldproduzenten transferiert. So kann man zu Spottpreisen die eigene Währung mit Gold gegensichern.
Im Falle von GDO würde dann die neuen Kapitalmaßnahmen direkt aus dem riesigen Handelsüberschuß Chinas und nicht über die Aktienmärkte besorgt.
Mögliche Realität, oder reine Fiktion?
Antwort auf Beitrag Nr.: 41.512.984 von ArmerThor am 17.05.11 11:14:42Genau so meinte ich das.
Viele Baustellen = viele Möglichkeiten für Private Placements.
Dollars haben die Chinesen Säckeweise und das Papiergeld verliert ständig an Wert.
Viele Baustellen = viele Möglichkeiten für Private Placements.
Dollars haben die Chinesen Säckeweise und das Papiergeld verliert ständig an Wert.
Aber mal abseits aller Spekulationen. Am 22 Juli ist Hauptversammlung.
Dann wird sich zeigen, ob der Deal mit den Chinesen überhaupt durchgewunken wird.
Danach kann man immer noch in Ruhe entscheiden,ob man halten oder verkaufen will.
Dann wird sich zeigen, ob der Deal mit den Chinesen überhaupt durchgewunken wird.
Danach kann man immer noch in Ruhe entscheiden,ob man halten oder verkaufen will.
Antwort auf Beitrag Nr.: 41.513.215 von Trockentrader am 17.05.11 11:49:52Mir ist ein starker Finanzierer im Background eher lieb.
http://www.engineeringnews.co.za/article/20052011-on-the-air…
Creamer: It’s all happened this week and this month and in the last few months. We saw now that Gold One, which is listed in Sydney and on the Johannesburg Stock Exchange, of course, they own assets on the East Rand. A young junior gold mining company headed by Neal Froneman, quite a prominent gold miner who discovered these assets after 100 years of mining here.
We still had virgin reef just close to Springs, which was quite astounding. He has developed that gold mine on the East Rand and that has been the flagship for Gold One, which as I say is listed in Johannesburg and Sydney and now might also be listed in Hong Kong. We have had a swoop from the Chinese company Baiyin Non-Ferrous, which is keen on getting control.
They want 60% of this if possible and they are saying that this South African company is great, but unambitious and they want to bankroll it to do a lot more deals and a lot more consolidation not only in South Africa but also in Africa. That is that hunger for gold we see from China. Then also, on the platinum side, we’ve noticed that Jinchuan has come in and taken control of Wesizwe platinum, which is a small junior as well operating near Sun City.
Not only have they come in as an investor, but they ‘ve come in with a batch of directors, filled the board with about five new Chinese names and also ousting the South African black CEO Arthur Mashiatshidi who is going to make way for a Chinese CEO. Down in Springs again we have got Shandong the Chinese gold mining company wanting to do a due diligence and there is going to be a team out here next week to take over the Grootvlei and Orkney assets, which have been so controversial.
Again, made South Africa a laughing stock because we’ve had this liquidation which has been marathon liquidation and we’ve had the top personalities Khulubuse Zuma and Zondwa Mandela involved and they have made a hash of this acquisition out there and they need to be rescued by the Chinese. That is not the sort of deals where we have desperate situation where we have to lower the price of our assets.
If you look at Grootvlei, although they got a water problem, there is still like 200 tons of gold down there. Now, the Chinese may get their hands on it. Faltering by South Africans has allowed the Chinese to swoop in and with their funds they are able to home in on precious-metals here on three fronts we see, platinum, gold and gold again.
Antwort auf Beitrag Nr.: 41.538.074 von XIO am 22.05.11 12:17:57Wie ich bereits vermutete, die Wahrscheinlichkeit, daß GDO die Aurora Empowerment gleich noch mit übernimmt, ist definitiv da!
10:32 am Investor Presentation
8:28 am Gold One Signs Sale Agreement to Acquire Rand Uranium
http://www.stocknessmonster.com/news-history?S=GDO&E=ASX&Yea…
8:28 am Gold One Signs Sale Agreement to Acquire Rand Uranium
http://www.stocknessmonster.com/news-history?S=GDO&E=ASX&Yea…
Werde morgen den GDO Gewinn komplett rausnehmen.
Kann sein, daß sich das Aufkaufprogramm durch die Chinamänner noch ne Weile hinzieht... theoretisch haben die ja monatelang Zeit, da wird wohl erstmal nix passieren.
Der Erlös wird bei mir in MTE gesteckt.
Kann sein, daß sich das Aufkaufprogramm durch die Chinamänner noch ne Weile hinzieht... theoretisch haben die ja monatelang Zeit, da wird wohl erstmal nix passieren.
Der Erlös wird bei mir in MTE gesteckt.
Antwort auf Beitrag Nr.: 41.550.474 von XIO am 24.05.11 19:08:11Hallo XIO,
Ich habe meine Shares über die letzten Tage komplett verkauft. Positiv ist zu bemerken, dass ich meine Shares mit 50% Gewinn verkaufen konnte und das in einer Zeit in der Minenwerte deutlich federn lassen mussten. Somit konnte ich mich schön auf die Lauer legen und bin mit meinen neuen Investments schon wieder im Schnitt 15% im Plus.
Negativ ist, dass Gold One deutlich mehr Potential hatte. Uranium one und schließlich die Chinesen haben es schlussendlich versaut. Mittelfristig wird hier nicht viel zu holen sein. Mir fehlt langsam ein bisschen die Übersicht und das mag ich nicht wirklich.
Schönes WE
Ich habe meine Shares über die letzten Tage komplett verkauft. Positiv ist zu bemerken, dass ich meine Shares mit 50% Gewinn verkaufen konnte und das in einer Zeit in der Minenwerte deutlich federn lassen mussten. Somit konnte ich mich schön auf die Lauer legen und bin mit meinen neuen Investments schon wieder im Schnitt 15% im Plus.
Negativ ist, dass Gold One deutlich mehr Potential hatte. Uranium one und schließlich die Chinesen haben es schlussendlich versaut. Mittelfristig wird hier nicht viel zu holen sein. Mir fehlt langsam ein bisschen die Übersicht und das mag ich nicht wirklich.
Schönes WE
Antwort auf Beitrag Nr.: 41.570.951 von Haxe08 am 28.05.11 13:21:13Habs ebenso gemacht... erstmal das HongKong Listing abwarten, dann überleg ich es mir evtl. wieder
China National Gold träumt von Goldrausch in Afrika
http://german.china.org.cn/business/txt/2011-06/02/content_2…
http://german.china.org.cn/business/txt/2011-06/02/content_2…
Sub Nigel shaft closed as water levels rise in East Rand basin
http://www.miningweekly.com/article/sub-nigel-shaft-closed-a…
http://www.miningweekly.com/article/sub-nigel-shaft-closed-a…
Das Thema Aurora scheint wirklich kein Thema zu sein:
Goliath Gold shrinks from Pamodzi purchase
http://www.businessday.co.za/articles/Content.aspx?id=145651
Goliath Gold shrinks from Pamodzi purchase
http://www.businessday.co.za/articles/Content.aspx?id=145651
Antwort auf Beitrag Nr.: 41.639.897 von XIO am 13.06.11 15:20:23Bin heute hier eingstiegen, weil ich den permanent steigenden Kurs geil finde!
Bitte behalten diese Richtung gen Norden bei!
Bitte behalten diese Richtung gen Norden bei!
Antwort auf Beitrag Nr.: 41.745.835 von Carola11 am 05.07.11 20:36:08Gold und Silber läßt sich sowieso bald nicht mehr deckeln.
Gold One zählt mit zu meinen Favoriten. Bald werden wir hier
eine Verdopplung erleben, wie wir es bisher nicht geahnt hätten.
Keine Kauf- bzw. Verkaufsempfehlung, - nur meine Meinung.
Gold One zählt mit zu meinen Favoriten. Bald werden wir hier
eine Verdopplung erleben, wie wir es bisher nicht geahnt hätten.
Keine Kauf- bzw. Verkaufsempfehlung, - nur meine Meinung.
Antwort auf Beitrag Nr.: 41.745.835 von Carola11 am 05.07.11 20:36:08warum steigst Du vor einem sehr wahrscheinlichen Listing in HongKong ein?
Ich würde das erstmal abwarten.
Ich würde das erstmal abwarten.
Antwort auf Beitrag Nr.: 41.746.158 von XIO am 05.07.11 21:32:33Wann soll denn die Übernahme sein, gibt es da schon einen festen Termin?
Ich sehe nichts Negatives daran, jetzt hier noch einzusteigen.
Die Aktie hat eine Topp-Performence.
Ich sehe nichts Negatives daran, jetzt hier noch einzusteigen.
Die Aktie hat eine Topp-Performence.
Antwort auf Beitrag Nr.: 41.746.088 von Carola11 am 05.07.11 21:20:15Trotz eines leicht stärker tendierenden Dollars eroberte Gold die Marke von 1.500 Dollar zurück. Das gelbe Edelmetall bleibt „in“. lt. Anzeige W:O
Antwort auf Beitrag Nr.: 41.747.678 von Carola11 am 06.07.11 09:22:36ups, falscher Smilies
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