Chaarat Gold Share Discussion Threads

[jc2706] 06/2/2020 16:41

Almost certainly the case.

[casual47] 06/2/2020 15:07

Could be e.g. someone buying 80k shares from 12 different sellers or 12 different sell limit orders.

What matters would be the average buy price and the fact they want 80k shares. That's how some could be picked up cheaper, some at higher price.

[jc2706] 06/2/2020 14:57

They may look like lots of buys but they are, in fact, just one given the time stamp.

[sparkyboy1] 06/2/2020 13:12

See lots of buys two at 40p but no price increase?

[casual47] 06/2/2020 09:56

The timing of Mr. Gilman joining Chaarat as director and his starting QRC, taking over LNC and changing its business from owning a lithium mine asset to becoming an investment vehicle is interesting.

[casual47] 05/2/2020 21:46

Warren Gilman's new company:



They will soon have $73m cash to use for investing in resource companies via convertible debentures. The business idea is that they hand select worthy companies and earn money by way of interest and also via warrants / upside on converting into shares.

Presentation:

[2pablo] 05/2/2020 09:34

Traders on holiday today

[2pablo] 04/2/2020 17:10

I did say it to him as I'd not spoken this year, he was just reciprocating.

Amazing amount of trades, we're obviously somehow in somebody's radar for a load of trading games imo. All these A trades are surely designed to move the share price a certain way for a day or two and then reverse when they're ready.

I's better than no liquidity but I see it all as a bit false

[casual47] 04/2/2020 15:25

*cough*

"Dear pabs, Happy New Year!"

*cough*

Casual47 4 Feb '20 - 11:52 - 9491 of 9501
(...)
Otherwise it's a bit like saying "Happy New Year" in February....
(...)

[casual47] 04/2/2020 15:21

35 out of the 65 trades so far have been for 5,000 shares.

Looks like 5,000 is the new 15,000.

[casual47] 04/2/2020 15:18

Thanks Pabs. The time equivalent of "how long is a piece of string".

[2pablo] 04/2/2020 15:15

Quick response from Artem :

Dear pabs,

Happy New Year!

We are working on the releases and will be updating the markets soon.

Best,

Artem

[casual47] 04/2/2020 14:59

According to the revised mine plan:

"Pre-tax NPV for the LOM is $102 million at a discount rate of 5%."

If they pay $6m tax per year then the post-tax NPV for the LOM is $60m, or $8.5m annualised.

(Based on $1400/oz gold)

[casual47] 04/2/2020 14:48

Armenian website today reporting on the largest taxpayers. Chaarat Kapan is fourth largest and is said to have paid 2.857 billion Armenian dram in 2019, which is about $6m, or about $100 per oz.

[casual47] 04/2/2020 14:43

Lots of AT trades coming through. 165k shares traded within 1 minute, all at 14:40 and spread over 18 trades

[casual47] 04/2/2020 13:35

Delays with Chaarat have often been finance related so that's where I put my two pence. We know finance news on various fronts is due this quarter, so seems the most logical explanation.

[crapshoot2] 04/2/2020 13:33

Bad news take longer to add up than good news. I am wary of delays

[2pablo] 04/2/2020 13:21

Have just emailed Artem saying we must be due those two updates, 'Are they delayed?'

[casual47] 04/2/2020 12:06

A UT of 1 share.....

0_o

[casual47] 04/2/2020 11:52

I suppose they can give us the q4 Kapan update at any time this quarter or even, more simply, not provide it at all.

But if they are going to update the market then, surely, this week ought to be the last week to do so? Otherwise it's a bit like saying "Happy New Year" in February....

For sure they must have had all the reporting data for q4 by the third week of January, latest. That makes it a two week delay already.

It seems obvious that this is being held back on purpose.

The resource update, by Dusty's reckoning of "before end of the year for sure", is now a whole 5 weeks overdue.

[casual47] 04/2/2020 11:49

This happened yesterday also: 20 AT trades of 5,000 shares in quick succession.

[casual47] 03/2/2020 15:09

Both the resource update and the q4 operational update are now way past their expected due date.

Something's cookin'