Chaarat Gold Share Discussion Threads

[casual47] 10/12/2019 11:25

Can't be long now for the Tulkubash M&I.

With the ore bodies further along from the main pit being at shallower depths, higher grades and better recovery rates, I wonder if this will make them re-sequence the mine plan, i.e. leave the main pit for later and bring the EZ pit and satellite pits forward.

It could, potentially, dramatically improve the initial capex costs by reducing the initial stripping/crushing/recovery costs prior to first gold pour (a lot less waste to strip and more grams of gold per tonnes of ore). These cost will still of course be borne later on but it may make sense to avoid them in the early stages and focus on the low-hanging fruits instead.

[casual47] 10/12/2019 11:09

2,014,407 left to buy, Pabs.

[2pablo] 10/12/2019 11:00

Thanks Richie Rich bit more interesting and pertinent than some of your diatribes.

Elsewhere I note : '4,000,000 ordinary shares of the Company ("Ordinary Shares") in the market, subject to such purchases being completed by 5.30pm UK time on 6 January 2020 (or such later time as the Board may agree)' - that Jan 6th deadline may have sparked Martin A back into action. He's at it daily imo

What's his latest bought total out of 4m Casual?

[richgit] 10/12/2019 09:48

I am not making a case that CGH will be bid for,and I certainly wouldn`t want to even contemplate that until we at least get to stage 3 of Bidding Wars.

I had started buying Continental Gold and now Zijin have bid for it,so I need a new
home for that Money.

Ok it isn`t a London listed stock but then CEY is !!

I argued months back that with Majors running down their resources and World Gold production facing more and more stress of not keeping up with demand,that Takeovers
would start as arguably opportunistic,then unwelcomely more forceful,and then "name your price"


Point being that by the time Investors do truly flock to Gold stocks- in London listings, it is going to be the the Last Men Standing and there aren`t that many,whilst those with potential Resources the size of CGH a rarity indeed.


IMHO



.

[casual47] 09/12/2019 23:30

"A project to build a smelter is being discussed in Armenia
YEREVAN, December 9. /ARCH/. Issues related to the organization of the processing industry were discussed on Monday at the Ministry of Territorial Administration and Infrastructures of Armenia.

According to the press service of the department, the discussion was attended by the general directors of MMK Zangezur, Chaarat Karan, MMK Agarak, Akhtala, Teghut and representatives of other interested structures.

Liliya Shushanyan, Deputy Minister of Territorial Administration and Infrastructures of Armenia, expressed hope that in this complex initiative, the state can consider leading companies in this field.

Shushanyan noted that the Armenian government has declared a priority in the mining industry, in particular in the copper industry, the process of ensuring a complete processing chain and expects the participation of mining companies in this field in terms of knowledge, investment and human resources.

During the meeting, issues related to ensuring a complete technological chain, the construction of a smelter, the possible participation and format of mining companies in these works were discussed.

Company executives welcomed the government’s initiative to develop the processing industry and agreed to present their vision of participation in this chain."

[casual47] 09/12/2019 11:33

LSE post:
"News flow is very important to this stock price and over the last few months there hasn't been much to shout about."

In the last few months:
°$31.5m JV signed with mining contractor Ciftay (September)
°Kapan LOM extended to 7 years (November)
°Placing at 35p (November)
°Kapan generating positive operational cash flows with Kapan debt reduced from $50m to $36m (October)

What more do these people want? If you are going to skew your analysis to such an extent then I can only conclude there is an agenda at play.

[casual47] 06/12/2019 16:10

A nice initiative:



The whole board of Chaarat went on a tour of the Kapan mine - it's good to see real tangible engagement of the independent directors:

[casual47] 06/12/2019 15:48

Mr A buying would be good. But better would be II buying and driving the volume. If we can see this kind of liquidity as the norm rather than the exception then it would be a lot easier for our BOD to attract IIs, imo.

If it is Mr. A or any of the directors then we should see news about that on Monday/Tuesday.

[2pablo] 06/12/2019 15:31

I suspect Mr A has been out and about Christmas shopping for CGH shares today - 160,000 so far

[casual47] 05/12/2019 14:56

Juju, best stick to your usual monosyllabic posts, at least they only look stupid.

"No gain here in a year"

The shareprice is 36.26% up YoY. If you had sold at 37p you would have been more than 50% up since suspension....

"suggests no delivery"

As JC wrote, the shareprice and what a company "delivers" are different things. They have delivered: JV worth $31.5m, placing at 35p, Kapan LOM increased, Kapan is delivering net cash flow, Polymetal became a major shareholder worth $5m....

[juju44] 05/12/2019 14:46

I failed once here . Check my record at ITM ,POG,FR .. I do OK . No gain here in a year suggests no delivery

[jc2706] 05/12/2019 14:41

The problem, juju, is that your definition of 'delivery has been abysmal' is that the share price has gone down for the last month or so rather than actual company delivery.

We have also seen in the past that your understanding of TA is terrible (one might say 'abysmal') so I would be cautious about relying on it. :-)

[casual47] 05/12/2019 13:49

Artem's presentation at the 121mining investment conference in Hong Kong last October:



Nothing new for those who have been paying attention.

They also did a short "intro" clip with him:

[casual47] 05/12/2019 13:01

Based on your gormless posts I don't think any of it is sinking in...

[juju44] 05/12/2019 12:54

I couldnt leave all your wisdom behind

[casual47] 05/12/2019 12:51

"so I remain for now"

Good, so I trust we will be rid of you as soon as this hits 35p again?

[juju44] 05/12/2019 12:49

Charts tell me this is totally oversold and due a technical bounce . That is keeping me here. The original fundamentals looked good but the delivery has been abysmal. However I trust the tea leaves more than the words so I remain for now

[casual47] 05/12/2019 12:49

With regards to Mr. Bankside's very disingenuous post over on LSE...the following have been net buyers over the last 18 months:

All of the directors and senior management, including independent directors such as Warren Gilman (~$130k worth of shares) and the CFO (almost never happens on AIM shares!). Artem Volynets bought shares worth more than his salary at Chaarat.

Polymetal bought about $5m worth of shares

Sarastro increased their holding

Martin Andersson certainly has not lost interest in Kyrgyzstan or Chaarat as he has accumulated nearly 25 million shares in the last couple of months, about 17m in the last month alone. It was only two weeks ago when Mr. A held tri-lateral meetings with the VP of Banking of the EBRD and the most senior Kyrgyz minister after the prime-minister.

I don't know what it is about share pullbacks but it really seems to get all sorts crawling from under their rock.

[casual47] 05/12/2019 12:40

Seeing as the only thing that matters to you is shareprice and your astrological charts, why are you still holding? It makes no sense whatsoever. You are clearly incapable of reading and understanding RNS releases so what on earth is keeping you here?

How about you explain that?

[juju44] 05/12/2019 12:36

I have sold some to add to my ITM pot but I certainly dont take advice from you . Your last purchases well under water now . You aint so smart

[casual47] 05/12/2019 12:33

How about you pull your finger out and sell already, seeing as you have a multi-bagger on your hands here.

[juju44] 05/12/2019 12:25

Looks like a straight line down to me . Peeps in denial here

[jc2706] 05/12/2019 11:06

Juju44,

It is called market dynamics. Prices don't move up in a straight line, which is what you seem to expect.

If you are an investor then you would have done your research and taken your position. The share price doesn't change that.

[casual47] 05/12/2019 10:54

I don't think Uzbekistan is quite there yet re. foreign investment, but I have read that in order to speed things up they will be introducing "Free Economic Zones" which will have English law applied to them, rather than introduce new Uzbek legislation. There will still be a great deal more to do to shore up their reputation but an FEZ subject to English law will be a HUGE milestone and I'd be more than happy to see Chaarat do an M&A in Uzbekistan under such arrangements.