

Goldplat, or #GDP, is a small but consistently profitable business which has grown relatively steadily over the years. The market cap is now almost £30M and the share price is close to an all-time high, having risen 176% in the last year. South African-focused Goldplat takes waste material from gold mines across West Africa and turns them into gold and precious metals at two core plants in South Africa and Ghana. The latest expansion is into Brazil, from where GDP is increasingly able to service South America. Werner Klingenberg has been running the Aim-Listed Goldplat gold recovery business (AIM:GDP) for seven years now, and has paid dividends to shareholders for the past four quarters. In this in-depth Fireside Chat with the CEO, Donald Leggatt discusses history, strategy and the plan for future growth. In addition to the core business, Werner discusses plans for a valuable TCF gold waste tailings heap. Africa isn’t an easy place to work of course. “Every uncertainty provides an opportunity - one of the benefits of working in a developing country” says Werner, which neatly sums up the Goldplat approach. In brief: - Q3 profitability was up 500% to £3.8 M gross - A JORC upgrade for the gold tailings is due late October ( 81,000 ounces in 2016) - Werner is determined to extract value, even if it means starting small - GDP can now process low quality waste in Brazil without shipping - The focus It is all about creating visibility and certainly about what we can do in the future for clients



