|Cambridge Mineral Resources
||EPS - Basic
||Market Cap (m)
Cambridge Mineral Resources Share Discussion Threads
Showing 21951 to 21972 of 21975 messages
|I thought there was a time limit on using losses as an offset but i could be wrong? My point being that these have probably had 'negligible value' for some considerable time now|
|A question asked on another bboard - I would like to reply .
Does CMR still have an office in Potters Bar and is anyone therein during daylight hours?|
Appreciate you taking the time to clarify this for me|
|You can inform the IR of the value paid for shares along with date and offset against a gain. Then any future share price value when disposed must be put as a gain and tax paid, although seems unlikely. Well done you to actually have gains over and above annual allowance to require offset....|
|As these shares have been suspended for so long can anybody tell me if it is possible to declare them as a loss that can be offset against a capital gain on another investment. Can't realize the loss by selling as they are suspended, and a quick internet search indicated that the Revenue have a classification of 'shares of negligible value' for suspended aim shares but I cannot find CMR in their list.
|Oh yes - management hoping to suck a few more in, plenty of possible investors at the dementia clinic!|
|Now, is that last post, irony, sarcasm, or truth? Discuss!!|
|maxwell - don't fret we will be a listed company in the shake of a lamb's tail. Our directors are on the case.|
|Would appear that we now have one announcement a year which is rephrased 5 or 6 times to give different opinions that mean absolutely less than first thought?!? Or did I misunderstand what was said initially....|
|The vultures are currently feeding off the carcass of the fat lady. The lady selling the Kia Ora may be next. imho|
|For those long standers, shortarm, 2trying, oh, lets not forget Mr Curry pasty himselfg...but to name a few... you know who you are......the good old days.. time to turn the lights off. Good luck in all you do.|
|Its a farce, and perhaps even worse. As you see this is a dead duck, save the scavenging feeding off what is left. Sad, but true. The fat lady sang ages ago, except the backing team are backstage waiting for mug punters to think there is some life in the old girl yet... Im afraid not. She has been well and truly sucked dry|
|Any questions and answers at the AGM today or just a voting exercise again.|
|So directors will need to fund this themselves now, or go into administration.|
|Maybe the details prior to fund raising might have stimulated interest in future investment for heavens sake????? Any idiot can say I was unable to get the funds necessary so all now gone to my asssociate which is just hard luck to all the share holders.|
|So another asset given away. So much for the relist then. No doubt they will point out it's not their fault as they did everything they could to raise capital and paid themselves handsomely in the process but alas no more mug punters to fleece. Glencor probably knew this would happen all along so made sure any agreement was loaded in it's favour and then just sat back waiting for a result.|
|A 1.5% NSR might perhaps provide a nice pension pot for some individuals.|
|And No mug punters willing to take a punt up the Cam!|
|Did anyone go to the AGM today?
It sounds like CMR has finally come to an end?
|Seems to me from the Chairman's blog and mine57's post on here the other day that CMR own nothing at Masa. Now 100% owned by Glencore via dilution from failure to make contribution towards exploration & drilling expenses.
So there's no problem over next or further payments. As none required to be made anymore.
All CMR have to look forward to is 1.5% NSR........ if the mine ever produces....... unlikely to be for 4-5 years, being realistic.|
|Chairman's blog 6th December 2016
Firstly, I would like to apologise for the delay in news since my last Blog on 17th February 2016. Such further news as there was during the year was incorporated in my Chairman’s Report in the Annual Report and Accounts on 14th November 2016, to which I can now add some further news.
The exploration permit for Masa Valverde is held by our Spanish subsidiary Cambridge Mineria Espana SL (“CME”). As you know, CMR has an Investment Agreement with Glencore under which Glencore could earn-in to CME by way of their funding of expenditures; at the same time CMR had the option to match Glencore’s funding in order to retain our share of CME according to milestone levels. However, CMR has not been able to raise further finance in the current harsh climate in commodity markets and mining, and thus could not contribute any funding to CME and therefore Glencore has now completed its earn-in to 100% of CME. That leaves CMR with its entitlement to a 1.5% Net Smelter Return (Royalty)on Masa Valverde. This is potentially very valuable if and when Masa Valverde goes into production at some stage in the future and indeed it underpins the share capital value of CMR. Currently Glencore is evaluating the results of its drilling campaigns at Masa Valverde. A great deal more work is required to take Masa Valverde towards production for which there is no certainty in these volatile economic times. We therefore await further news.
So how valuable is the 1.5%NSR and when is this site likely to get into full production and aren't you likely to loose that when CMR fail to raise their side of the cash in 12months time or sooner|
|The $19 million deal did not happen|