ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

CHF Chesterfield Resources Plc

0.45
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Chesterfield Resources Plc LSE:CHF London Ordinary Share GB00BF2F1X78 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.45 0.00 08:00:06
Bid Price Offer Price High Price Low Price Open Price
0.40 0.50 0.45 0.45 0.45
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec -3.66M -0.0281 -0.16 586.48k
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.45 GBX

Chesterfield Resources (CHF) Latest News

Chesterfield Resources (CHF) Discussions and Chat

Chesterfield Resources Forums and Chat

Date Time Title Posts
19/4/202408:18Chesterfield Resources PLC - 12 100% owned licenses in Cyprus6,339
04/12/202320:43Chesterfield Resources PLC 249
20/11/202311:59chezzer22
25/6/200401:13CHEZZER TRADING7
06/6/200421:28is usdchf buy at this level?-

Add a New Thread

Chesterfield Resources (CHF) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Chesterfield Resources (CHF) Top Chat Posts

Top Posts
Posted at 24/4/2024 09:20 by Chesterfield Resources Daily Update
Chesterfield Resources Plc is listed in the Business Services, Nec sector of the London Stock Exchange with ticker CHF. The last closing price for Chesterfield Resources was 0.45p.
Chesterfield Resources currently has 130,328,311 shares in issue. The market capitalisation of Chesterfield Resources is £586,477.
Chesterfield Resources has a price to earnings ratio (PE ratio) of -0.16.
This morning CHF shares opened at 0.45p
Posted at 19/4/2024 08:18 by excellance
I wonder who the next appointment will be, looks like our Canadian HNW backers have bailed.

CHF look to be getting Adeline back, and no further cash or shares from Sterling, but if Sterling decided to close the deal it would be cheaper for them to just buy CHF, get Adeline, the 5% of their shares owned by CHF, the money in the bank, Westline, and a london listing, all for a couple of pennies.
Posted at 29/3/2024 14:43 by excellance
So, juniper are acquiring Polymetals shares, and new CEO owns Juniper, and, we've previously been warned of a fundraising deal which may result in the issue of shares, and a potential deal with a partner opening up new opportunities.

Previous CEO and CFO got option shares priced at 2p which I assume is similar to the price Polymetal offloaded their holding for.
Posted at 29/3/2024 11:46 by excellance
On 14 February Sterling announced the signing of their new Copper Road venture, and committed to "understanding" Adeline.

20 March CHF CEO and CFO step down, Dave Cliff resigns, and we are down to essentially a one man band with no assets other than a diluted share of Sterling and 3 dormant licenses in Cyprus, no staff, and very little money. We do however have hopes and prayers that the new boy has a plan.
Posted at 22/3/2024 22:02 by excellance
Sterling could solve one of their cash problems by taking over CHF for shares instead of cash, rather than either paying CHF the outstanding balance or giving Adeline back. That way Dave and Paul get to exercise their options.
Posted at 20/3/2024 21:37 by ruthfuller665
In case anybody doesn’t know,”Excellence”’is really Paul Ensor who for over a year has been obsessively posting a bizarre series of daily messages pretending to be someone else but pushing Paul Ensor’s agenda.

Since he “rescued the company” Chesterfield has been a
disaster. The share price has collapsed, £700,000 has “disappeared” from the bank account, despite the fact that the company has been totally non-operational. He hasn’t even bothered to update the company website. This stock is toxic. If the company wants a fresh start it needs a proper new board of people that the market trusts.
Posted at 17/1/2024 06:01 by ruthfuller665
Flying pig. Suggest you give Executive Chairman Paul Ensor (aka Excellence) a call ask him how come the share price has collapsed by 90% in the 18 months since he “rescued the company”, why he does no work at all, and what has happened to the £700,000 that has disappeared from the company bank account over the last year.
Posted at 03/12/2023 13:45 by excellance
Let's be honest...

CHF was set up to do one thing, search for copper rich polymetallic deposits in the Troodos mountains.

They managed to get funding for one moderate sized attempt at diamond drilling with the aid of other state of the art technology after previous low budget RC drilling showed promise.

The diamond drilling was indecisive, didn't hit the jackpot, and COVID severely hindered progress.

It became apparent that Cyprus would need more funding, and connections managed to get hold of Adeline to "fill out" the portfolio, but that meant CHF had two projects to finance, and no staff or equipment to that in a rapidly deteriorating capital market.

Frenchy tried and failed to get a secondary listing away which would have included issuing shares and raising capital, that is the point of such exercises.

That failure meant that Adeline had to be farmed out, and Westline too to a lesser extent.

Capital markets have not improved, so we have to wait and see if Sterling can get a good result, and what the CHF share price will be when PE and AJ negotiate terms to get Westline another roll of the dice.

To summarise, exploration is always high risk, capital markets go up and down, CHF have had a dreadful year or two and are on a knifes edge, but things can only get better, or go bust...but we knew that from the start, didn't we?

Interestingly SAG closed up 40% on Friday, from a very low share price Could be something or nothing, time will tell.
Posted at 28/7/2023 16:17 by excellance
Put it this way, if car crash was still at the helm CHF would be out of business.

His wages cost more than an entire years drilling, and minnows like CHF can't afford failure of that magnitude.

Let's be absolutely clear, Frenchy failed at every level and cost us a fortune in several ways.

I'm not saying that taking that risk wasn't worth it, but our share price now is directly down to MF draining our cash reserves and delivering nothing.

CHF is now effectively for sale, and have put all assets either into hibernation or into the care of others, while cutting costs to the bone by getting rid of expensive staff.

We either go to the sale room or to the wall.

As you rightly pointed out, we have done nothing, and will need a prospectus to raise capital, but there are options...

Btw, Venus and CHF will keep talks under NDA.
Posted at 30/6/2023 18:03 by excellance
£8k worth of shares sold and the share price drops 15%, current mkt cap just over £1m.

We have maybe £300k in cash. 8% of a company that will need more cash, and 3 Cyprus licenses that will need funding.

The funding question is the single biggest challenge facing us. If we raise £1m with a prospectus what will our share price be?

Sterling are drilling at Sail Pond, but we won't see results for another 3 to 4 months, and they may be duds, then drilling at Adeline, so patience required.

No activity in Cyprus until we get funding, and funding is likely to be direct investment into Westline.

Our biggest asset is probably our London listing, and with our clean balance sheet and a few million quid of losses booked a transformational opportunity presents itself for another party to easily reverse in to us to get access to market funding.

Obviously the Cyprus junior explorers have all struggled badly lately, with the Venus IPO shelved indefinitely, and the CHF share price dropping over 90%, and what happened to the other one? Market sentiment has been brutal for any company needing cash, but as interest rates peak later this year we should see an easing of the credit freeze.

Patience is definitely required here, and nerves of steel...
Posted at 27/1/2023 08:34 by mininglamp
The market seems to have this wrong in my considered opinion, I have taken some this morning as a result.

The share price was trading around 2.5p the day the sale of Adeline to Pacton was announced in November, the deal was considered a poor one for a number of reasons, the share price plummeted days after.

Today CHF still own 100% of Adeline with new options on the table, the cash position is probably better than many suggest due to extensive cost cutting as discussed in the results statement.

In my view the share price will recover ground, possibly back to the 2.5p region based on today's news and future events.

No wonder it was hard to buy this morning.

DYOR etc.
Chesterfield Resources share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock