China Africa Share Discussion Threads

[christianf12] 26/2/2013 11:43

scyther, think all your answers can be found on the company website and the admission document?



2. I do not hold WTI shares no.

3. See website, Board of directors. Rod is CEO

4. Not sure what resource will be but looking at the Minesite presentation gives some clues : ))

CAF said they could be doing EBITDA of $60m or £37.5m a year. Not bad for a company valued at just £6m.

5. The feasibility study was delayed due to drilling taking longer than expected. CAF are also awaiting results of the metallurgical test-work before they know full extent. Have you seen the grades of trhe drilling programme. Mind boggling imo.



Rod Webster, CEO of CAR commented:

"I am very excited about the results of the drilling program. It's very rare to see such high grades in lead/zinc projects these days and goes to show that Berg Aukas is a very rich deposit. These results further confirm our confidence in the economics of the project."

The market will wake up to CAF one day but I fear (not for me as I am already in) that the share price will be 50-100p before they realise.

To give you some indication on potential value here, EBITDA on a cashflow basis of 3 x would work out at £112.5m or 500p per share : ))

That is conservative.

c. £2,800 (10k shares at 28p) invested today could be worth £50k+ in a couple of years time imo.

[anotherardbeg] 25/2/2013 19:51

Scy fwiw
Every feasibilty study I've ever come acroos has been delayed 6 months to 6 years!

[christianf12] 25/2/2013 17:25

Scyther

Put your questions in here mate and ill private message you the answers!

[christianf12] 25/2/2013 14:37

no mate but I presume it would be [e-mail]

[christianf12] 25/2/2013 13:40

Try this, he replied to me last week re CAF:

[e-mail]

[scyther] 25/2/2013 13:39

Hi,

Does anyone have an email address that they use for the company?

Regards

[christianf12] 23/2/2013 08:58

I assume the filtered stalker above is posting about me, how very sad.

He must search for my posts on a day to day basis.

Imagine having such a life : ))

CAF expect to be doing £37.5m EBITDA when this mine is up and running. Current market cap is £6m.

Sooner it later the market will price in that this company could be doing £37.5m EBITDA a year.

Watch the minesite presentation in the header from 21 minutes in for more info.

People were mocking me about AFCR when I was saying similar at 2.5p in november. AFCR closed at 6.25p yesterday and people can't get enough of them.

Actually it was the same person as above so that bodes well for CAF to be 100p very soon IMO.

JORC resource will be out within the next 4-5 weeks.

I wouldn't like to be trying to buy once its out considering people have been nibbling away for weeks and buys far outweigh sells.

2.3m shares to go around everyone. That's around £600k worth of stock.

One of the biggest exploration companies in china invested at 40p yet we can buy at 28p.

They said 40p was 'GROUND FLOOR'.

100p here we come.

[gelp] 22/2/2013 17:37

HAving filtered Moz8 this board is deserted.
Sticking to AFCR

[christianf12] 22/2/2013 10:21

Can buy 15k max at 28p

[duplicate book] 19/2/2013 09:33

Bit of volume just gone through. Any changes to the limits?

[moz8] 15/2/2013 17:23

Best let the rampers out first before buying...they only going to dump it!

[moz8] 15/2/2013 16:27

Alot of sells today.

[christianf12] 15/2/2013 13:27

40 trading days left till Q1 runs out. tick tock : ))




The 3D geological model will now be updated and a maiden JORC-compliant resource will be estimated by CSA Global (UK) Ltd, which is expected to be reported in Q1 2013.

[moz8] 13/2/2013 18:51

Thanks for the advice..ave to go.