Chaarat Gold Share Discussion Threads

[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.

[highly geared] 13/2/2017 10:22

Casual; he'll be taken completely out of the picture in the coming months, the RNS effectively says that.
The latest scenario on developing 100,000 oz production will do fine for starters. Just have to keep reminding ourselves that we're sat on a 7 million oz JORC asset that will be valued much higher with a decent BOD to sort out financing. We seem to be moving in the right direction now.
Perhaps Labro are looking 3-5 years hence. If gold gets back toward $1500 we should all do ok.

[highly geared] 13/2/2017 09:56

Juju; wake up! The dog has a pulse and is trying to get up and walk!

[highly geared] 13/2/2017 07:42

Hurrah, at last!
Whilst the employee share options are at a measly 15p , they aren't worth exercising until 17-20p so this suggests they want it higher.

Yes, on almost all fronts Dekel sidelined. Was it the case Labro needed to build 33% to give Martin leverage to sideline Dekel and supporters to get this moving?

No time to sell now.

[casual47] 13/2/2017 07:38

It certainly is the most vimmy RNS release from Chaarat for a very long time (if ever), and yes, Dekel almost completely absent from it -- GOOD.

CGH might yet be a longer term hold!

[onlyahobo] 13/2/2017 07:31

Today's news clearly sidelines Golan. He is no longer the fundraiser, and no longer the PR author. And I doubt responsible for key hires.

Given the history I doubt Benbow would have joined if the team was to be led by Golan and IMO this is an excellent hire.

I am less convinced of the delisting prospect and I see the Labro buying as more designed to push the price up. Small amounts at opportune times. The option awards lend some support to this view.

With signs that management is changing, the prospect of this getting funding traction just changed substantially.

Expect a healthy adjustment in what the market is willing to pay for this.

[asturius101] 10/2/2017 10:36

Yes, well after being a long term holder (sufferer more like), I think 15p is a good number to offload at. Wish I'd sold out here earlier and just loaded up more in Anglo-A. Good luck all

[highly geared] 10/2/2017 07:46

Casual, will be interesting if the rise holds with gold taking a breather.Hopefully we'll see further Labro holding RNS to give it a shove to 15p.

[casual47] 09/2/2017 15:19

Good to see this at 13p+.

Seeing as Labro have been buying at higher SPs the rise should be a sustained one, unlike the previous rise to 13p+ which was merely PIs piling in with Labro happy to sit it out at 9 pence.

[highly geared] 06/2/2017 21:52

Need to break current level then 15p looks easily reachable. Gold very strong; hopefully Labro good for another 2-3 million up to the end of March to keep the underlying buying strength.