Chaarat Gold Share Discussion Threads

[casual47] 16/2/2017 09:49

If Labro keeps buying at higher prices then this could be the plan....

Fingers crossed for the next holding RNSs -- I hope to see Labro having paid 16p+

[juju44] 16/2/2017 09:47

Takeover coming ? 30p? 40p? 50p?

[casual47] 16/2/2017 09:20

18p paid....

Unless Labro continues its buying at these prices then I guess the outstanding warrants at 15p and the to be announced fund raising to start mining may limit how much further it can go now before actual news is released. But assuming they can get a good deal on capex funding off the BFS then in the anticipation of first gold pour this could go well into the 20s?

[juju44] 15/2/2017 17:01

always was ridiculously priced which i put down to market having no belief ion Golan. We could see a big move north now

[casual47] 15/2/2017 16:57

Good to see someone buying at 17p

If tomorrow/Friday we get a holding RNS from Labro showing they have been buying at prices above 15p then the recent sustained rise could well have legs into the next couple of weeks -- even sans other news.

[richgit] 15/2/2017 16:08

Now that they are publicly hinting at circa 100,000 ounces per year then IMHO
Not a penny less than £250 Million for starters,if things progress as they should.

Then we numbercrunch the 6 Million ounces going spare.

A virtual Guarantee that if they get into production,the life of mine from initial
estimates will extend years beyond that,as a preliminary cash cow of unbelievable potential returns.


No wonder our Main investor wants to ensure that nobody considers CGH is vulnerable
to any opportunism.

If this goes to plan- Bidders will have have to ask- "name your price "


Hopefully.



IMHO

[highly geared] 15/2/2017 16:00

Ju; with finance heads of terms in place, yes.
The recent RNS's change everything, Martin Anderrsen is now running the show with the backing of the largest shareholder.

[juju44] 15/2/2017 15:52

you mean 250 million

[highly geared] 15/2/2017 15:48

For the resource size, this should have a realistic market cap of £100 million.

[novicetrade68] 15/2/2017 13:57

With the right news ie Dekel leaving, this could still double from these levels now we have some more serious players in the board room.

[casual47] 15/2/2017 13:44

16p paid.

Are we all still sitting tight? (I am)

[highly geared] 15/2/2017 09:42

Labro buy 150,000 shares at 15p. Interesting; should support share price at least at these levels. How much more are they prepared to pay?

[casual47] 14/2/2017 15:14

Holding up well. 15p could be the new gold plated bottom.

Would be interesting to see if Labro is (1) still buying and (2) is buying for more than 15p, seeing as they have a gazillion warrants at 15p, so would be quite something if they go over that.

[oli12] 13/2/2017 17:36

Not heard from Hayfield recently... strange that.

[asturius101] 13/2/2017 16:59

Well almost doubled my money from being substantially down this time last year - at one stage was very close to cutting my losses at 5p, glad I held though...good luck to LTH, hope this does get to the 50p / £1 levels we once dreamed of!

[novicetrade68] 13/2/2017 16:53

rocky, yes I do think CNMIM has been a real positive for CNG, I mean they did deliver the goods in terms of finance & construction. The other thing I liked was the fact that the Chinese put 100% of the money on the table, no complicated equity/debt constructions the City is apparantly so keen on.

I think the issue with them atm is that they seemingly still haven't produced an ounce, which is very curious given that trial mining started over a year ago ? I can't get my head around that and is a reason for doubt. I'm still hoping that once they achieve a steady production number, the share price will rerate.

I don't have as many CNGs as I used to and bought this turkey here (CGH), which today doesn't look so bad anymore. Hopefully even better when Dekel has gone, I can't remember him meeting any senior officials ever in Kyrgyzstan, so seems our new man here carries some more weight.

[4marlin] 13/2/2017 16:51

sitting tight too
hold a v small stake

[juju44] 13/2/2017 16:37

not the time to quit

[casual47] 13/2/2017 16:08

ATB, A.

My curiosity has been piqued and I will hang on a little longer. Let's see what gives.

[asturius101] 13/2/2017 16:03

Well good luck chaps - that's me, I'm out. ATB.

[rockybalboa] 13/2/2017 15:46

novicetrade68 - do you think CNMIM has been positive for CNG/KYS?

Yes, they've provided finance, but IMO, with almost all components of the operation now being related party, and with the share price being lower than it was 5 years ago, they will engineer this to keep all spoils for themselves.

Shareholders had value added before CNMIM took control, but has been stagnant (if not reversed) ever since.

[juju44] 13/2/2017 10:34

I think this changes everything

[juju44] 13/2/2017 10:27

Dekal should be fired

[novicetrade68] 13/2/2017 10:25

Clearly no delisting for the foreseeable future here, but the 4m options to Dekel seem a bit rich, but may be it's a good bye present for later.