Chesterfield Resources Share Discussion Threads

[pranchalee] 27/11/2020 10:29

They need sellers before the next leg up

[pranchalee] 27/11/2020 10:27

Take advantage before assay results out

[32campomar] 27/11/2020 10:26

Market cap of £13 million. Absolute peanuts. Huge potential for big share price rises going forward.

[3ootuk] 27/11/2020 10:26

Lots of blank stares on the Poly boards as they ask who the chuff are Chesterfield

[soulsauce] 27/11/2020 10:25

Oildon I totally agree. If this was a minnow oiler and BP had taken a 22.5% stake on their prospects it would have gone ballistic.
Very odd.

[oildon11] 27/11/2020 10:19

This is insane at this price!

[excellance] 27/11/2020 10:09

Chesterfield and Polymetal have entered into a relationship agreement that envisages granting one board seat to a Polymetal representative and will continue for as long as the Polymetal group maintains an interest of more than 15% of the company's voting rights.

POLY has bought 22.5%, or £2.1m, but they are only contracted to maintain a 15% stake. Does that not tell us that the company intend, or have leeway, to do another deal, which will bring the poly holding to thst 25% threshold?

[excellance] 27/11/2020 10:00

Polymetal are not interested in small scale low grade random isolated mines, they are wanting Largs scale high grade regional mega mines, and that is what CHF potentially represents.

[3ootuk] 27/11/2020 09:10

A £7.5bn company doesn't even get out of bed for chicken feed, however large majors can't just go stomping around completely buying out assets in areas where companies have spent time building up a relationship with authorities and locals.
They've seen the numbers.

[loftyman147] 27/11/2020 08:04

Funny when you consider 2.7% increase on POLY equated to a £200m increase in their market cap. Enough to buy CHF more than 20 times over at current prices. Clearly more value here.

[soulsauce] 27/11/2020 07:44

Cheers someuwin good exposure.

[someuwin] 27/11/2020 07:37

Daily Mail...

"...Back on the Footsie, Russian gold miner Polymetal was a hit with investors after it scooped up a 22.5 per cent stake in a Cypriot copper and gold miner, Chesterfield Resources, for £2.1million.

It is Polymetal's first foray into copper mining – which is set to boom over the coming years as green pushes in the UK and elsewhere demand copper for new technologies such as electric car batteries and charging stations.

Polymetal rose 2.7 per cent, or 41.5p, to 1604.5p. AIM-tiddler Chesterfield jumped 30.2pc, or 3.25p, to 14p."

[cbeadle] 27/11/2020 07:35

Should be more fun today, I cannot imagine many people want to be out and CHF was below the radar unnoticed before yesterday. Drilling results to come too

[soulsauce] 27/11/2020 07:26

Copper still flying. Wonder if we will get an interview today, hopefully proactive.

[wassapper] 26/11/2020 22:12

That is a very astute comment steve!

[78steve] 26/11/2020 17:41

Strong finish bodes well for tomorrow. Took a position here as i couldn't disagree with multi billion investor.

[soulsauce] 26/11/2020 17:08

stevebrr couldn't have put it better myself.

[mwainw1973] 26/11/2020 16:59

Hard to disagree. EUA has a good day too hoping that will conclude soon

[excellance] 26/11/2020 16:55

Mw, I think the first assays are done, but they are being held back due to NDA agreements with third parties, like Polymetal, who want a piece of the action.

There could be several RNS's like today's in coming days, and a set of dynamite assay results at the end.

I've never seen any shares that are such a screaming buy as this is right now!

[stevebrrr] 26/11/2020 16:25

Great news today folks. Anyone selling now is poco loco IMO.

[homebrewruss] 26/11/2020 16:09

Thanks Chairman. Where can we get a copy of the note?

[the chairman elect] 26/11/2020 16:00

Broker note out from Fox Davies

[excellance] 26/11/2020 15:57

Care in the community.

[sammythevoice84] 26/11/2020 15:51

I presume the sells are profit taking and or people on day release .....