|China Nonferrous Gold Ltd
||ORD USD0.0001 (DI)
||EPS - Basic
||Market Cap (m)
China Nonferrous Gold Ltd News
|China Nonferrous Gold Ltd Daily Update: China Nonferrous Gold Ltd is listed in the Mining sector of the London Stock Exchange with ticker CNG. The last closing price for China Nonferrous Gold Ltd was 27.38p.|
China Nonferrous Gold Ltd has a 4 week average price of 27.07p and a 12 week average price of 27.31p.
The 1 year high share price is 39p while the 1 year low share price is currently 0p.
There are currently 382,392,291 shares in issue and the average daily traded volume is 24,199 shares. The market capitalisation of China Nonferrous Gold Ltd is £104,201,899.30.
|rockybalboa: I honestly think this still has something to do with the HK listing. My guess is that the insiders aim to make money on the HK listing where all good news will suddenly become available. Those insiders will make their money through share options granted at the deliberately depressed current share price, and those options being in the form of "listing success fees" or something to that effect.
In the meanwhile CNMIM will provide financing.|
|rockybalboa: Unreal how well the share price performed right up to the point that Craig Brown stepped down, and now three years down the line with the company supposedly producing gold, there has been no improvement at all!|
|legg96: The share price has not moved although it could be argued that this is good news with certain caveats. A line of finance has been secured thro` to 2018, but acceptable terms could not presumably be secured from a third party. No info on 1st quarter production or forecast production for the year. However, this will need to be revealed before the end of next month as audited accounts must be filed to retain the listing, and some sort of projections of production levels made in order to avoid a going concern qualification by the auditors .|
|eke: No stopping the share price now..
NED may have had to sell due to a conflict of interest. I would expect to see
an RNS stating his resignation or replacement now. Just a guess...|
|andy: Charles Clore 6 Jan'16 - 21:13 - 304 of 308 0 0
First gold pour news results in a share price fall. Nowhere else but AIM!
Good news creates a liquidity event!
Not unique to AIM, they happen in Canada too!|
|charles clore: First gold pour news results in a share price fall. Nowhere else but AIM!|
|eke: At long last !
looking forward to a steady share price rise to a pound and an early retirement.
Not an informative post I know but Its just a relief to read something very positive from the Company.|
|hounddog10: Well It certainly looks positive. However, given the recent recovery in the share price and the muted reaction today those in the know seem already to have anticipated the pour (a week ago one may note). At least we know the digging and the machines work. I guess we will get a better idea on production results in the next financial results.|
|c9ajl: It doesn't take much volume to move this share price up or down. Nice to see it going up again|
|abacus23: Will they release news as and when to prop the share price up?|
China Nonferrous Gold Ltd share price data is direct from the London Stock Exchange