Share Name Share Symbol Market Type Share ISIN Share Description
Cambridge Mineral Resources LSE:CMR London Ordinary Share GB0001826303 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.34p 0.00p 0.00p - - - 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining - - - - 1.25

Cambridge Mineral Resources Share Discussion Threads

Showing 21951 to 21972 of 21975 messages
Chat Pages: 879  878  877  876  875  874  873  872  871  870  869  868  Older
DateSubjectAuthorDiscuss
13/12/2016
05:26
The vultures are currently feeding off the carcass of the fat lady. The lady selling the Kia Ora may be next. imho
targatarga
12/12/2016
22:53
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.
jle
12/12/2016
22:51
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
jle
09/12/2016
13:38
Any questions and answers at the AGM today or just a voting exercise again.
maxwell
09/12/2016
11:55
So directors will need to fund this themselves now, or go into administration.
whoppy
09/12/2016
11:44
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.
maxwell
09/12/2016
10:31
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.
digger2779
09/12/2016
08:06
A 1.5% NSR might perhaps provide a nice pension pot for some individuals.
lochlea
08/12/2016
22:02
And No mug punters willing to take a punt up the Cam!
targatarga
08/12/2016
21:00
Did anyone go to the AGM today? It sounds like CMR has finally come to an end? No money? No projects? No value?
whoppy
08/12/2016
20:35
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.
lochlea
08/12/2016
19:39
Chairman's blog 6th December 2016 Dear Shareholders, 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. Masa Valverde 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. Mine57 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
1399peter
08/12/2016
10:46
The $19 million deal did not happen
mine57
07/12/2016
21:49
And - another RNS dated9 April 2009 Did this actually happen ? And if so what happened to that $19 million ? Utterly baffled ( nowt fresh there! ). May I make clear that I am making no accusations against anyone . May I make clear that I am , however , asking and welcoming any input from shareholders , past and present , as this is a discussion board which I assume exists for the exchange of ideas and opinions . Cambridge Mineral Resources plc ('CMR' or 'the Company') Letter of Intent regarding sale of Spanish Subsidiary Cambridge Mineral Resources plc, the mining exploration and production company, announces that it has entered a formal letter of intent in relation to the sale of its wholly-owned Spanish subsidiary, Recursos Metalicos SL ('Recursos'). The buyer will be Direct Response Media Inc. of Nevada, USA. The consideration for the transaction will be US$19,000,000 in a combination of shares and cash. By way of illustration, this equates to in excess of £0.035p per share for CMR. Recursos holds the Lomero-Poyatos mine and the Masa Valverde exploration permits. The sale is subject to all normal reservations and preconditions including due diligence on the part of Direct Response Media. The Company will announce further details in due course.
2trying
05/12/2016
18:10
Ok, so there mr mine57 goes again, he doesn't ANSWER the questions, he RESPONDS to the questions. Don't be fooled. Its called obfuscating. The questions put were 2 - what , exactly happened with Blue Crest ? So Mine, what EXACTLY happened? Explain here , what where the reasons for not making the 2nd Payment? Who signed the original deal? What were our terms in relation to any missed payments? Who stood to benefit in CMR for this failure? Please feel free to provide a copy of the said agreement on the website? And so on.... It is disingenuous at best to state you 'answer the questions'. 3 - do any past / present directors have any legal / moral responsibility for what I regard as a fiasco re point 2 above ? Why can shareholders not expect an existing Director with a significant interest to answer this question? It is an excellent, and very straightforward question. Let me help you perhaps dilute it into chunks to make it easier to understand. Under the agreement to which you refer to in your answer. do any PAST or PRESENT directors have/had any LEGAL responsibility for its failure. Yes or No? Sigh.. and there he was thinking he was smart , knocking out a response masquerading as answers. Oh, why diluted to 1.5% NSR?
jle
05/12/2016
09:48
In answer to the questions; 1 We are in a Joint Venture (JV), with Glencore on the Masa Val Verde project. At this point in time we have been diluted down to 1.5% NSR (Net Smelter Return). 2 CMR did not meet the terms of the agreement i.e. did not make the 2nd payment under the agreement due on or before 31st December 2008. On the 7th January 2009 Bluecrest took possession of the operating mine under the terms of the agreement which was defaulted which also enabled them to do so under a power of attorney granted to them under the agreement. 3 You couldn't possibly expect me to answer such a question. Thank you.
mine57
04/12/2016
14:26
I lost nearly as much. Its not bitterness, its the reality. Why waste time giving these people the oxygen to keep spouting their nonsense. Its beyond shameful imo
jle
04/12/2016
12:25
JLE, I lost 44K here.....Your bitterness does nothing for anyone though so leave it!?
shortarm
04/12/2016
12:15
In my view mine57 is a complete idiot at best. Ignore him. Give out updates on the bloody website then? Oh, no, there are none. he is now acting like a timeshare salesman to get people to an AGM where they can seek to sell this crock. The deluded arrogance is breath-taking... Oh this was the guy who stated we WOULD float last October...2trying. He will not answer you mate. He has no answers, they will not be answered.
jle
02/12/2016
22:38
mine57 - may I ask a question(s) to be asked at the AGM ? sadly I cannot attend . I note that Glencore has "turned the corner" , and is about to pay an £800 million pound dividend to its shareholders . I note that last year a number of Hedge Funds bet on Glencore's price falling . I note that Ivan Glasenburg (Chief executive of Glencore) has put up £167 million of his own money . Accordingly , may I ask (at the AGM) ? 1 - what , if any , association do we have with Glencore ? 2 - what , exactly happened with Blue Crest ? 3 - do any past / present directors have any legal / moral responsibility for what I regard as a fiasco re point 2 above ?
2trying
02/12/2016
19:06
I agree with that.
poseidon2
02/12/2016
18:52
My thanks for a prompt and fair response .
2trying
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