Hope RAGM Cease Operation Permanently

根據PGL 的聲明,RAGM在勞勿的金礦已暫時停工關閉,主要原因是環境局要求金礦管理好石渣廢料。公司近來虧損很大(six months to 31st December 2013 was GBP2,817,879), 周轉不靈(每個月要還的利息超過£140,000,US$750,000的分期付款12月到期,£1.2 M的債卷也將在22/12/2014到期 ),因此其母公司已要求倫敦交易所昨天停止交易。

我懷疑DOE已發停工令直到金礦改善其環境管理工作為止。再加上金價大跌,虧損連連,希望他們永遠不會復工啦。

Look like all the rumours are true, hope RAGM operation in Raub will be ceased permanently.

1) Peninsular Gold Limited, the parent company of RAGM announces that it has requested a suspension of trading of its shares on the AIM Market pending clarification of its financial position. The suspension was effective as of 7:50am on 2 December 2014.

2) As at 30 November, 2014 Peninsular has available funds of approximately £320,000. The Group currently has £1.2m convertible loan notes which are due for repayment on 22 December 2014, and need to service £140,000 interest per month (means their available fund is only able to serve less than 3 months interests)

3) Malaysian environmental authorities (DOE) impose additional operational requirements, in particular the authorities have requested changes relating to the location of RAGM’s tailings storage facilities which would require significant changes to its tailings management plan.

4) RAGM has taken the decision to halt gold production at Raub pending resolution of above issue (I smelt fishy here, I strongly believed DOE has issued a Stop Work Order)

Here is the statement released by London stock exchange

http://www.londonstockexchange.com/…/market-n…/12170646.html

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