Chaarat Gold Share Discussion Threads

[pistonbroke1] 04/11/2016 09:37

15p is 50% gain from here so it's still a good time to buy.

[casual47] 04/11/2016 09:27

Richgit is in fantasy land if he thinks Labro will not take this out or private before it hits 15p

[juju44] 04/11/2016 09:26

Been hearing that for the last 5 years

[oli12] 04/11/2016 09:21

I expect this to be taken over within the next 3 - 6 months.

[juju44] 04/11/2016 09:04

Looks like todays few small trades are all sells ,not buys

[richgit] 04/11/2016 09:01

As I suggested-

I will be happy to buy more at a convincing 15p which then puts opportunistic bids
at 25-35p

When hopefully we are buying more at a convincing 30p then we can walk this up to 80p

and so forth.....


2017 (all things being equal) will at some point attract more- Gold fence sitters-
and then 2018 maybe we head for the Gold stock dot-com era.

Those that couldn`t buy in the oversubscribed placing obviously had to buy in
the Market.

So who wants to sell at a price that few can buy at,that is already too cheap for potential $Billions in Gold?.

[casual47] 03/11/2016 09:43

Not difficult to double since placing when it was such a discounted placing price.

Most longtime holders will not have added on the dip either.

[oli12] 03/11/2016 09:31

Well Labro happy to pay 9.7 according to this mornings RNS. The BoD dismissed interest at 10.5p so we should see 11p and 12p .... surprised more have not bought in here an easy 30% upside. It's nearly doubled post placing.

[gaaston] 03/11/2016 08:54

Me too Highly, needing 12.7p

[highly geared] 02/11/2016 22:46

Well , might just get to my Sipp buy price of 11p some 18 months ago! I bought then thinking big upside........

[novicetrade68] 02/11/2016 19:30

Quite amazing frankly this has doubled nearly so quickly after the placing.

[oli12] 02/11/2016 17:23

It seems Labro still buying and now prepared to pay over 9p for stock... still very little other interest. Dekel presenting tomorrow @ proactive investors.

[oli12] 02/11/2016 13:12

Casual, it's crossed my mind only because I've seen it ALL here over the years and nothing surprises me - the cost of keeping a company this size listed each year must cost several hundreds of thousands.

I think though they will just make an offer and take it over on the cheap, we have the recent 10.5p offer from "parties unknown" as a low ball bar to aim at, once they hit 45% holdings and with the shares the board hold along with the Chinese they will push though a take over IMO say 14p.(China non ferrous metals who have lost interest as they did not want further placing shares)

In reality and given the funds needed to get a small scale operation going this is all is HUGE gold reserve is worth - a shame but true. I've seen it over and over with oil explorers, iron ore miners and others.... worthless unless you have funds.

[casual47] 02/11/2016 11:32

Oli, are you considering the possibility that Labro may steer this towards delisting?

[oli12] 02/11/2016 11:31

Tick up today, can she hold 9p plus. Labro still buying however the total lack of interest keeps the price relatively static.... it could spike over 10p on the slightest interest / sniff of a revised bid.

[highly geared] 31/10/2016 22:38

Yep, co join another holder to get above 50% , then use majority stake to take private or at best, offer minority 12-15p max for their shares.
Arrange debt finance or jv and make a mint.
What it does tell us is they see the gold price being much higher over the next 10 years.

[juju44] 31/10/2016 13:19

You would think that even if it was to be taken out for 10p there would be buyers - its still a profit . The lack of interest is amazing

[casual47] 31/10/2016 08:30

Another block trade RNS from another II to follow?

[juju44] 31/10/2016 08:22

But how are they keeping the price down

[casual47] 31/10/2016 08:19

A stitch up, that's what. Labro will walk away with the company without having paid more than 10p a share. So much for holders who saw a Shangri-la of 20p above.

Richgit, your $10k/oz gold price may come but it won't matter a bit for your chaarat shareholding...

[juju44] 31/10/2016 08:13

All these big share buys and the share price doesnt budge. WTF is going on here

[mortimer7] 28/10/2016 16:25

Did anyone manage to find out who was behind the offer on the 18th October?

[casual47] 27/10/2016 10:33

Looks like our BOD has sold us out. Rather than do the 5p placing they should have put the company up for sale because it's clear this guff about the BFS to start a small operation is all bullsh1t, it's never going to happen on our watch. But I guess they prefer to line their own pockets instead.

[casual47] 27/10/2016 10:30

At this rate Labro will takeover without paying even a smidgen above 10p per share.

Given the spread makes it hardly worth it for PIs to want to add as the risk will be they delist before taking over.

[juju44] 27/10/2016 10:26

The lack of interest here is amazing with all that gold in the ground. Golan will never deliver but surely someone else will .Lets have a decent offer