We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Chaarat Gold Holdings Ltd | LSE:CGH | London | Ordinary Share | VGG203461055 | ORD USD0.01 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.25 | -5.38% | 4.40 | 4.20 | 4.60 | 4.65 | 4.40 | 4.65 | 148,114 | 09:22:20 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Gold Ores | 92.35M | -8.58M | -0.0124 | -3.71 | 31.72M |
Date | Subject | Author | Discuss |
---|---|---|---|
01/5/2018 09:42 | Thanks Christy. What's new in the clip: The equity part will be done by BMO (CGH's North American broker), with backing from major global institution (Blackrock?) - certainly smacks of TSX listing. The debt part by 'a large East European bank' - this was leaked as being Sberbank | casual47 | |
01/5/2018 09:31 | Latest presentation that may be helpful... | christy41 | |
01/5/2018 09:09 | [Deleted as didn't make much sense] | casual47 | |
01/5/2018 09:05 | 1 CAD is about 56p, 1 USD 73p. Just psychologically it ought to take us out of the penny shares, either in USD or CAD or GBP terms. | casual47 | |
01/5/2018 09:01 | Do you think there will be a rights issue? I would be shocked if any placing isn't at least 25p. For two good reasons: 1. The optics would be bad: it would be seen as to lessen the worth of the Chaarat asset and a penalty to existing holders 2. We had recent placing at 25p, again not a good look I am expecting it to be nearer 50p.....but I'd be a little disappointed if it isn't around 75p. | casual47 | |
01/5/2018 08:56 | Possibly true but I am not getting on it (a premium that is). I have already asked Bob about participating in an equity raise and he has replied positively. If it is for the current market capitalisation or less at around 25p I am tempted to throw the kitchen sink at it! | jc2706 | |
01/5/2018 08:46 | Let's not forget: any new investors providing cash in exchange for equity are not just buying into Kumtor. They are buying into the potential of CGH+Kumtor where CGH will move from unfunded non-producer to funded near-producer. So I would expect the maths for how to arrive at a placing price to use a premium to current CGH shareprice when valueing Chaarat. | casual47 | |
01/5/2018 08:42 | HGM is valued at about $850m currently. I think the Kumtor offer could be increased to $900m, if we go by the leaked news article. I am a holder of HGM and I think they are undervalued, some of that is due to the Russian aspect (Putin, country risk, sanctions, ...) . Positive that HGM have over CGH: they pay a good dividend. I can't see CGH already introducing a divi? Positive that CGH will have: excitement of the new and a virgin mega blockbuster mine. Imo this aspect could add a significant premium compared to HGM where investors are probably a little bored. | casual47 | |
01/5/2018 08:10 | As suggested on LSE, if you check out HGM's stats they are similar to what a Chaarat with 50% of Kumtor would possess (production, debt, resources/reserves) with a similar geographical focus. | jc2706 | |
01/5/2018 08:00 | (Clearly i am holding out for £1 at least) | casual47 | |
01/5/2018 07:53 | Chaarat itself could be valued at 800+m USD if you add current mcap + 400m USD Kumtor + debt. Issuing shares at $1+ to arrive to total issued shares of 750m seems not an unreasonable scenario. | casual47 | |
01/5/2018 07:47 | Agreed could be a bargain. Chaarat must feel there is value in it or they wouldn't have made the offer. | fishhead1 | |
01/5/2018 07:27 | Issueing new shares to buy a free cash flow generating asset isn't necessarily dilution, imo. All depends on where they pitch it share price Could be the bargain of the century. | casual47 | |
01/5/2018 07:16 | At $400m for 50% Kumtor it will have paid for itself in about 5 years. Given the free cash flow generated by kumtor I imagine that the debt aspect could be significant. Nothing in the latest RNS we didn't already know, just reiterating the political pressure aspect, which could mean they must feel positive about that. | casual47 | |
01/5/2018 07:09 | There is obviously going to be some major dilution to existing shareholders, but weighing that against acquiring a producing asset of 500k oz per annum, chaarat obviously think it is worth it (only a 50% share of which will be Chaarats). I think it was mentioned previously, but there should be a huge re-rating of the share going from an unfinanced reserve to a producing mine. Seems likely by the wording that the government will back this and I wouldn't be surprised to see this go through. | fishhead1 | |
01/5/2018 06:53 | This was stated from the beginning. It is very unlikely that the banks would loan the entire amount without the shareholders stumping up some of the cash. | jc2706 | |
01/5/2018 06:50 | debt / equity... | asturius101 | |
01/5/2018 06:16 | RNS Getting interesting now. Where's CGH getting the cash from to finance such a major transaction? | gersemi | |
30/4/2018 14:07 | Now that the FS is out will we see the completion of the $15m/$20m placing/loan? If they want to start with the production prep work of Tulkubash in q3 then we ought to hear about financing soon as we are a 1/3rd into q2 and the financing could easily take a month or two to finalise, especially if an EGM is needed. | casual47 | |
30/4/2018 12:45 | Who's "they"? | casual47 | |
30/4/2018 12:34 | They are all guns firing to smash "Paper-Gold" to end April. Are they trying to black out news of the Israeli strike on Syria by thumping Gold and headlining Apple`s squandering of $Billions on Buy Backs and Shareholder divis.? Who knows what is true in our Faked Economy !? | richgit | |
30/4/2018 11:09 | Fingers crossed the recent M&A strategy didn't just come to MA one day but was instigated by 3rd party big beasts (e.g. Blackrock) and/or the president of Kyrgyzstan who are maybe disappointed with the way Centerra have been doing things. | casual47 | |
30/4/2018 11:05 | The FS seems to confirm the need for the acquisition of cash generating asset(s) to allow them to develop Chaarat as it looks like Chaarat on its own is still too risky, on paper at least. Perhaps "go big (e.g. acquire Kumtor) or go home (keep drilling until the numbers add up/put Chaarat up for sale)" is the motto here. | casual47 | |
30/4/2018 08:58 | Whilst we can never guarantee the future-the potentials for Money men to unlock a potentially gargantuam value of 6 Million Gold ounces will see few such possibilities within the next 10 years- as Mr Randgold points out. Some possible foresights are that currently circa 7 stocks hold up the US Markets and most of those are at valuations of insanity,whilst their 70% consumer based economy is knocking on the exhausted debt scenario door. Apple also looks vulnerable,and if Apple sneezes others may catch pneumonia. Adding to that we have an ongoing push for War by Israel,Saudi Arabia and the US Neocons,so predicting what price Gold will be as world mine production faces declines is anyones guess,albeit potentially somewhat higher than today. The potentials for CGH to merely offer a 2 year production beyond pay back would make the Capex a walk in the park on any money man`s calculator,so who would bet against it I daresay by 2019 Gold anything will take over from Amazon`s hidden truths of $billions of no profit turnover. Until then Amen. | richgit | |
30/4/2018 07:32 | Apologies for the hopeless typing! | jc2706 |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
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