CGH

Chaarat Gold Holdings Ltd

11.00
0.00 (0.0%)
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 Shares Traded Last Trade
  0.00 0.0% 11.00 178,469 16:35:19
Bid Price Offer Price High Price Low Price Open Price
10.80 11.20 11.20 11.20 11.20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gold Ores 92.43 -3.59 -0.50 - 75.84
Last Trade Time Trade Type Trade Size Trade Price Currency
14:44:43 O 75,000 11.20 GBX

Chaarat Gold (CGH) Latest News

Chaarat Gold (CGH) Discussions and Chat

Chaarat Gold Forums and Chat

Date Time Title Posts
05/6/202318:09Chaarat Gold Holdings (AIM: CGH)11,599
30/3/202212:26Talks with Government1

Add a New Thread

Chaarat Gold (CGH) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
14:44:4311.2075,0008,400.00O
11:47:2210.70101.07O
10:48:0511.2046,7465,235.55AT
10:48:0511.2053,2545,964.45AT
10:40:3911.2080.90O

Chaarat Gold (CGH) Top Chat Posts

Top Posts
Posted at 27/5/2023 10:46 by arlington chetwynd talbott
CGH is an AIM minnow. The price action is about supply/demand and liquidity/illiquidity. No one is suppressing the price. If it is not where you want it to be, this is because folk are sceptical about the deal (and there has been PoG drift). If the deal progresses (or if the PoG really gets going) you will get the price you want. And vice versa.
Posted at 25/5/2023 22:27 by arlington chetwynd talbott
No, just no buyers. The share price reflects the perception the market currently has (rightly or wrongly) of the balance of risk and reward. The price is not being suppressed.
Posted at 24/5/2023 16:55 by book5
today more volume more than usual 1.6 million, this is around 0.6% of the shares hold by small investors
tomorrow 5 days to the end of month

Total Number of Shares in Issue: 689,668,088
ht tps://www.chaarat.com/significant-shareholders/
main shareholders have 430.1Million shares
the balance of share is 259.6 million


Labro Investments Ltd. 308,750,537 44.8%
East Capital Financial Services AB 25,176,923 3.65%
Norges Bank Investment Management 18,373,000 2.66%
Sarastro Group Ltd. 17,964,011 2.60%
Martin Wiwen-Nilsson 11,585,691 1.68%
Close Asset Management Ltd. 10,857,704 1.57%
BTO Monarch Luxembourg Holdings SARL 10,400,000 1.51%
Anna af Jochnick 9,883,089 1.43%
Robert Af Jochnick 9,082,674 1.32%
Kent Janér 8,116,385 1.18%

Posted at 22/5/2023 23:07 by arlington chetwynd talbott
Any easing of tensions in the region should be good for CGH too.
Posted at 22/5/2023 13:01 by arlington chetwynd talbott
You are seeing conspiracies where there are none. I am just another retail punter long CGH who is looking for insights rather than Twitter ramps and BB cliches.
Posted at 17/5/2023 22:46 by 2pablo
Always disappointing when the share price slips back after spiking but great news today and if the deal completes and gives us the ability to progress Tulkubash there’s going to be plenty of good news in the next two years. Expect a re-rate as the deal completes to well over the 20p placing price.
Posted at 03/5/2023 17:13 by book5
2Pablo

According to my calcs, we need gold at least at $2250 so that there is enough cash to return to the shareholders the current market cap (around 8p per share) after five years of production from our Armenian mine.

51.4*1.25/0.7+49=$140 million
using current EBITDA per quarter during 5 years: 3.2 Ebitda x 4 x 5 = 64 million, hopefully this would pay a debt of 49million plus interests.
we need an accumulative five year profit of £51.4 (current market cap) * 1.25 (conversation to a dollar) / 0.7 (assuming 30% taxes) = $92 million
92000000/52000/5 = 320 dollar per oz + 1850 (assumed average price gold last quarter) = 2170, say 2250 to cover other costs. This assumes a production of 52000 koz per year at today costs


The company is probably not asking any broker to assess Armenia's main asset financially because it would harm the share price. The Armenian mine health and safety record is a concern too.

Things will change if the life of the mine is extended further with similar grades, or if Kyrgyz's project goes ahead, or if gold goes well above $2170/oz.

I hope the market values Kyrgyz assets more than Armenian one. Otherwise, IMHO, this will go lower.

imho combining both assets is good, and main reason why I have not sold any shares. I hope we have good news about the Kyrgyz project once the war finishes, but the earlier the better.

Posted at 28/4/2023 16:42 by book5
Hi Pablo

These are challenging times for the share price; the reasons for that, we may only guess.

We don't know if the other company is the one that woke away rather than us, but it seems we wait till the last minute for them

Imho creditors and investors are looking if we will make enough during the rest of the life of the mine to pay the debt and what will be left in the pot for the shareholders. Do you have any number?

From memory, we have struggled to honour the previous repayments, part of the debt was converted into new shares, and we need new payment terms that should be announced soon. The current pressure in the share price indicates that people in the know of what is coming are selling (maybe new shares will be issued to finance the debt).

Investors don't expect much to be left in the pot after we close our Armenian operations; therefore, the growth prospects are key here. From what you are saying, chg has disappointed investors for a long time. The market only believes we have growth prospects if a positive rns arrives soon. The war has a nasty effect on our plans.

I wish I had not invested here.
Given the poor share price, I wish the company would give us some positive news to reverse the graph of the sp

Regards
B.

Posted at 24/4/2023 20:58 by arlington chetwynd talbott
No, I am long CGH, but if CGH wants a trajectory like HUM, for example, it needs, like HUM did, to produce a positive Q1 update.
Posted at 22/7/2021 07:52 by burtond1
Decent prospects ahead for @ChaaratG"...The #CGH share price, currently just above 20p, is the lowest it has been for some three years, but it is supported by a producing mine at Kapan and news a financing deal for Tulkubash may be on the horizon..."https://total-market-solutions.com/2021/07/chaarat-gold-holdings-ltd/
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