Gold vs US Dollar

Register to chat with like-minded investors on our interactive forums.

Get Started

Central Rand Investors - CRND

Share Name	Share Symbol	Market	Stock Type
Central Rand	CRND	London	Ordinary Share

	Price Change	Price Change %	Share Price	Last Trade
	0.00	0.00%	0.425	01:00:00

Open Price	Low Price	High Price	Close Price	Previous Close
			0.425	0.425

more quote information »

Top Investor Posts

Top Posts
Posted at 09/1/2020 11:03 by winston270 Bacondude has managed to finally get a response: Dear Simon, It has been 8 months since the liquidation order granted by the High Court of South Africa, but still no buyer has offered to buy CRGSA out out liquidation. Currently the CRGSA plant is protected by a security firm call Volsec, who has also applied for liquidation of CRGSA. There are a couple of sources said there all cable, motors and valuable items have been stolen by illegal miners around CRGSA. Our UK company, remains as a shell company, still has accumulated loss of USD270 millions, perhaps some project vendors will see this as a value? Although the question is who will pay for the unpaid audit fee which is around USD500,000? We look forward to hearing from you. Best Regards, Investor Relation Read Full Thread Reply
Posted at 08/10/2019 11:55 by winston270 WHATEVER! I'm simply sharing what I've received with everyone else, nothing more. Take it up with Investor Relations (William Zhuang) will be manning the other end & report back to us all..... Read Full Thread Reply
Posted at 08/10/2019 10:40 by johncasey I CANT BELIEVE this chinese investor pumps all that money into CRND and gets all that equipment to process the ore for nothing..some dodgy things going on here Read Full Thread Reply
Posted at 07/10/2019 21:21 by mister md if a company was mailing me from an Outlook address and signing off with 'Investor Relation', and asking about raising further funds I think I know what I would (not) do !!! Read Full Thread Reply
Posted at 07/10/2019 20:02 by winston270 Update from Investor Relations - I've forwarded the original email received tonight to those people that previously emailed for a copy of latest accounts etc - Makes grim reading I'm afraid. If anyone has any comments or suggestions please respond to crg.investor@outlook.com Dear Paul, We hope you are well and would like to update you about the situation of the Company. We have tried to communicate to different stakeholders in South Africa to get a better understanding of the situation in relation to CRGSA. And many have suggested that obtaining the business rescue approval from the court will be impossible, and even if the court grant the business rescue application it will probably ask tens of millions of US dollar injection from the shareholders, as the plant is mostly stripped from the illegal miners even though the court has assigned security company, Volsec, to protect the plant. (Please note that Volsec is also the applicant who applied the liquidation of CRGSA). The major shareholder of the Company, Mr Wang, is unable to fund the capital injection from his own. In a nutshell, it seems it is quite highly likely that CRGL will become a shell company in the foreseeable future. If that happens, Mr Wang is unwilling to inject further capital to keep CRGL. We would like to know, if CRGL becomes a shell company, do you think the rest of the shareholders are willing to inject capital (approximately 100,000 pound) to keep CRGL in a compliance status (e.g. remunerate resident agent) and acquire other projects (script deal most likely)? Or will you just suggest that we just close the company for good. Redstone Capital is currently the largest debt holder (approximately USD10m) of the Company, they are willing to convert the debt into equity so the balance sheet looks healthier. Both Redstone Capital and Mr Wang have injected approximately USD17m into this Company, and it is sad that it is highly likely that all shareholders will lose their investment. However, without further capital injection, the Company will facing striking off. Thank you for taking time to read this long email and wish you all the best, Investor Relation Read Full Thread Reply
Posted at 31/7/2019 01:27 by syed48 Begin forwarded message: From: crg investor Date: 30 July 2019 at 20:02:23 BST To: saquib alam Subject: 回复: 回复: 回复: Crnd shares Dear Syed, In relation to the liquidation event of CRGSA, Central Rand Gold Limited ("CRGL") is also trying to gather as much as information as possible to investigate further, this including seeking clarity from the CEO and South African directors of CRGSA as well as other relevant South African stakeholders. However, please note that CRGSA is not the same company as CRGL. No creditors have applied for liquidation of CRGL so far. If it is possible and appropriate, please forward us any information you can regarding the liquidation of CRGSA. Best Regards, Investor Relation Email I receive today Read Full Thread Reply
Posted at 30/7/2019 17:17 by winston270 If any investor has not seen the AGM / 2017 Annual Report yet, I have been forwarded them from Investor Relations with the above email response - If anyone wants a copy, please email me at winst72@outlook.com & I'll forward them on. Read Full Thread Reply
Posted at 30/7/2019 17:13 by winston270 All - For your info, I've recently had a reply from CRG Investor Relations which provides a bit of clarity re: Liquidation.  There is also a request for help - If anyone knows of a corporate service provider that may be suitable - please let Investor Relations know via crg.investor@outlook.com - It's in all our interests to help where we can.  crg investor Tue 30/07/2019 16:05 You  Dear Paul, Thank you for your email. Please see the attached AGM info pack. In relation to the liquidation event of CRGSA, Central Rand Gold Limited ("CRGL") is also trying to gather as much as information as possible to investigate further, this including seeking clarity from the South African directors of CRGSA as well as other relevant South African stakeholders. However, please note that CRGSA is not the same company as CRGL. No creditors have applied for liquidation of CRGL. Having said that, CRGL has its own issue such as finding a new corporate service provider or a new NED from Guernsey Island. If could you assist with that, please do let us know. Best Regards, Investor Relation Read Full Thread Reply
Posted at 29/7/2019 20:11 by syed48 What does it means for us I can see a light of hope and my broker, Barclays are not showing it’s share as delisted not they have any info about liquidation Let’s wait till AGM in 2 days I am sure a relist with new investors Read Full Thread Reply
Posted at 28/7/2019 19:07 by syed48 I have received this email today from investor relations crg Dear Syed, Thank you for your email. Have you received the AGM information pack including the annual report? Kind Regards, CRG Investor Relation 来自 Outlook Read Full Thread Reply

Delayed Upgrade Clock

Support: +44 (0) 203 8794 460 | support@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions