Chaarat Gold Share Discussion Threads

[juju44] 17/2/2020 16:48

What do they know

[oli12] 17/2/2020 16:46

Well someone not willing to wait for news.

[casual47] 17/2/2020 09:56

Shift camp construction in progress

[oli12] 17/2/2020 06:08

3 days until some news for us Chaarateers. Given the advance warning one expects a comprehensive update, dare I say it, a positive update. Let’s see - could be the last chance to get in sub 40p....

[casual47] 16/2/2020 19:15

Interesting to see who liked this short promo vid for Chaarat:



E.g. liked by a VP "metals & mining" at ING, a VP of "Corporate Development" at a Royalty & Streaming company, a Director "metals & mining" at Standard Chartered, Head Of Credit (Commodity Trade Finance / Structured Products) at Sberbank, etc etc

[jc2706] 14/2/2020 21:17

Good grief. I wouldn't put CGH in the same sentence as those others!

[dice1950] 14/2/2020 12:27

Sentiment towards junior precious metals miners could be on the turn
#KAT #CGNR #ROCK #CGH

[casual47] 12/2/2020 14:33

QRC was halted on the TSX from December until recently. What if the pushing back of news by Chaarat was done to make sure QRC was all ready to go?

Could QRC be replacing the loan note holders or the $17m "short term loan" or even part of the Kapan loan?

I imagine these kind of discussions would be part of any discussions for Tulkubash financing as any project finance lender will want to make sure that Chaarat has the funds and working capital to pay for loans and non-project G&A to make sure they can deliver the project.

[casual47] 12/2/2020 14:17

If QRC does invest in Chaarat then that alone could dramatically change the fortunes here. It would be (almost) like Sprott taking an interest.

[casual47] 12/2/2020 14:13

QRC news release:



"Queen's Road Capital has raised a total of approximately $84,000,000 since completing its change of business transaction on 3 February 2020."

[jc2706] 12/2/2020 13:06

I am hoping that 2+2 really does equal 4! There would appear to be too many coincidences for there not to be something concrete behind the scenes.

[casual47] 12/2/2020 11:54

Chaarat will be presenting here 23rd April

[casual47] 12/2/2020 11:36

(This of course is dwarfed by the billionaires that Mr.A and our CEO have in their contact book: Abramovich alone is worth US$ 12.2 billion....)

[casual47] 12/2/2020 11:33

The total net wealth of the three major shareholders of QRC is, according to wiki, US$4.5 billion...

Major Shareholders: Jack Cowin, Andrew Forrest, Brett Blundy.

[casual47] 12/2/2020 11:11

This may be coincidence timing-wise, but QRC, Warren Gilman's resource sector financing company which is backed by several billionaires, will be ready to start handing out loans imminently.

[jc2706] 12/2/2020 11:04

I wouldn't rely on the "as soon as" principle. There are many cases I have seen across the market where "as soon as" equates to "when we want to".

[casual47] 12/2/2020 10:58

Would be interesting to see if the analysts on the call are just the ones in their pay or if there will be others.

[casual47] 12/2/2020 10:50

"Financial" can cover lots of topics.

Presumably any financial update notified a week in advance will be an "in progress" one rather than anything more firm like a signed deal (binding or otherwise) as that would need to be RNS-ed "as soon as"?

[jc2706] 12/2/2020 10:43

The production/operational aspects will be interesting but, let's face it, it is the financial aspects that have the most potential to shift the share price.

[2pablo] 12/2/2020 10:29

Maybe it's ALL Kapan ?

[2pablo] 12/2/2020 10:28

Looks like 3 updates in one 'FY19 Production, Operational and Financial Update on Wednesday, 19 February 2020.' I was taking 'operational' as Dusty's resource drilling results but not sure

[casual47] 12/2/2020 10:21

Looks like resource update will be separate?

[casual47] 12/2/2020 10:19

Financial update also on wednesday

[2pablo] 12/2/2020 10:16

Well they certainly don't sound like they want to hide some bad results, quite the opposite. At least we don't have to look out for an RNS each day.

I would rather have had 3 RNS's than Production, operational(exploration) and financial all rolled into one and can't see how it is justified as all price sensitive stuff should be released asap.

Presumably 'analyst conference' includes interested pi's

[jc2706] 12/2/2020 08:18

It is rather dramatic for a small miner. More the sort of thing you get from a FTSE100 company. It is, perhaps, indicative of the image they are trying to build.

Good to know anyway.