Chaarat Gold Share Discussion Threads

[flightman123] 20/10/2023 13:51

Are you sure it was a buy,seems a very low price to me
The bid is still low.

[book5] 20/10/2023 13:14

most likely a leak
81K is lots of money

[solo4yous] 20/10/2023 13:06

Rare big volume.... Seller cleared?

[book5] 20/10/2023 11:20

someone bought £81K worth of these
good news coming soon?

[solo4yous] 19/10/2023 15:17

Well I believe there is a big seller as it's constant every few days

[2pablo] 19/10/2023 15:07

That convertible loan note has been extended many a time and will be again if needed. Only reason it won't is if Xiwang put their money where their mouth is to the tune of $150m.

The loan note holders don't want the company to default and get barely any of their loan back

[book5] 19/10/2023 12:46

2Pablo

CGH will build the mine, but current shareholders could be heavily diluted before that.
All depends on the $35 million bond expiring in 8 working days!
We could be bought a 5p per share

gla, we need it

[2pablo] 19/10/2023 12:25

Solo - the volume traded daily is tiny so I don't see where you're seeing this persistent seller. Even if you're right, it's minor. The average daily volume for the last 3 months is 157,656 which if trading at say 4p is an average value of £6,306. I can't see that amount is bothering any mm's let alone Mr Anderson.

I have searched the latest Annual Report covering up to December 2022. There is no mention of the number of shareholders on the register so could you point out where it states there are 249 shareholders which seems very low.

Book5 - looking back over the years we've made massive investments into and around our projects in Kyrgystan. It is about time we brought these investments to fruition. We haven't been motoring in Kyrgystan for years because of the lack of major funding which has been delayed by the dispute Kyrygystan Govt v Centerra(Kumtor), the Russian war and general risk on for mining and miners.

We are solely focussed on Kyrgystan now and I'm confident we can get the mine funding soon and get the mine building full-steam-ahead next spring.

[book5] 18/10/2023 23:21

3.5p, Plus debt= $60 million
Buyer will need to invest to build the plant

[book5] 18/10/2023 23:19

I doubt Offer will be not more than $60 million including the debt

[solo4yous] 18/10/2023 17:02

I'd rather Mr Andersson offer10p per share and be done much to my disappointment However there is clearly a major sellerThere are only 249 shareholders according to last annual statementSo it's just being dumped

[solo4yous] 18/10/2023 16:13

This seller is persistent

[2pablo] 18/10/2023 15:43

Topped up/averaged down....again.

I’m thinking that with most of the news it looks like a company doing business not one preparing to die. Also Mr A has shown with his latest $5m loan he’s not going to let this fail.

Without the Chinese we may flounder a while but I see funding secured soon.

2 big worries : nationalisation which was reassured against fairly recently(April ‘22 when Kumtor dispute resolved) or Mr A taking us Private with a Bid at, say, 5p, 8p or so and forcing through a buyout

[book5] 16/10/2023 17:35

Chinese are not very popular among central Asian muslin communities for good reasons. good luck to all of us

[tractorhead] 16/10/2023 16:01

For the Chinese it is! Silk road and all that.

[book5] 16/10/2023 08:06

investming in Kyrgyzstan is not in fashion

[arlington chetwynd talbott] 15/10/2023 21:18

but the debt...

[the stinger] 15/10/2023 18:36

With gold @ $1900 this is a no brainer,Tulkubash alone is worth a current £150m mc. An initial 90k oz per year, 6 yrs @ $870 costs per oz all for $130m!.. Do the maths.

Add in Kyzyltash then absolute steal. Worth a lot more than 3.7p a share that's for sure..

[arlington chetwynd talbott] 15/10/2023 15:56

FWIW, the current gold price cannot hurt.

[2pablo] 14/10/2023 08:07

Well the deal has been cut down from $250m to $150m but remained @20p per share. If this 20p mark doesn’t change, I’ll be happy. Not expecting this unloved share to suddenly stabilise @20p share price but we’ll get a lift and get moving again.

[arlington chetwynd talbott] 13/10/2023 18:32

Good luck - any reasonable deal with Xiwang that takes care of the CLNs would be a big win.

[2pablo] 13/10/2023 16:19

Well, I’ve been in too long to give up now. My first purchase was @68p donkey’s years ago though my average now in the teens.

Fingers crossed. PoG on a roll should help twist the Chinese arms

[arlington chetwynd talbott] 13/10/2023 14:38

Yes, it was just feeling increasingly binary and my gut instinct is that when it feels binary on AIM the odds are usually worse than 50/50. Lots of scenarios though.

[the stinger] 13/10/2023 13:22

Book, if a deal is completed then you will have made a good buy, for $150m initial investment this is a cracker of a gold mine going forward.

[book5] 13/10/2023 12:44

The probability that shareholders will make a small return from this level is not more than 30% and the chances of losing it all are 70%
very risky
I sold around 8p and bought some back a 4p
Probably wrong decision