Citius Resources Share Discussion Threads

[freddie ferret] 26/2/2013 16:34

I commented a while ago that I could see this going down to 4p again at which level it would be a stonking buy.

[deanroberthunt] 26/2/2013 09:12

last man out turn off the light....

[deanroberthunt] 26/2/2013 09:03

mcap now £15m

[deanroberthunt] 26/2/2013 08:39

down again.

[deanroberthunt] 25/2/2013 21:22

it's no wind up.....so you and Jethro can quit with the paranoia :)

and as for a bounce, tomorrow or any other day...

won't happen until the mudder fluckers get off their collective derrieres and tell us what's happening and what they intend to do.

[ivancampo] 25/2/2013 19:48

I've no idea.....but I would hazard a guess at:

-Acquiring planning permission on land and selling / JV's with the housebuilders/commercial propco's

-Developing the land themselves and generating rental revenues

-Assume some residual rental incomes already in place

I'm sure someone more qualified can answer, (maybe even the company itself!)but isn't that the general gist?

Pension Fund is stuffed but it's not your problem.

This must be a wind-up so i'll leave quietly now......

Adios.

[deanroberthunt] 25/2/2013 19:42

pension fund is stuffed though.

[deanroberthunt] 25/2/2013 19:36

so how are they going to extract value from the property ?

[ivancampo] 25/2/2013 19:06

From the FT, confirmation of what 'we' all know...



"However, Coalfield Resources said investors were not exposed to losses since it had little economic interest in the mines, which were controlled by an employee benefit trust including miners' pension funds. "Shareholders' money is in the property side [Harworth Estates]," it said. "This has no impact on the property business." The company added that it would have collapsed this year without the move."

Looking for a bounce tomorrow.

[ivancampo] 25/2/2013 16:57

You can say that again.

[freddie ferret] 25/2/2013 16:38

Sounds like we were better off without Daw Mill anyway, dangerous buzzer.

[freddie ferret] 25/2/2013 16:38

Sounds like we were better off without Daw Mill anyway, dangerous buzzer.

[deanroberthunt] 25/2/2013 16:13

almost back to pre re-structuring price.

[deanroberthunt] 25/2/2013 10:50

and as predicted.

[meijiman] 25/2/2013 08:29

sounds like someone must have dropped a cigarette.
Anyone have a view as to what caused this fire?
Gas or maybe the underground belting ????
Key news is everyone safe.

[deanroberthunt] 25/2/2013 07:52

I think it would be perverse for the share price to rise on the back of this news....

[ivancampo] 25/2/2013 07:49

It says they are shutting it.Will prove a positive catalyst to the share price IMO.

[deanroberthunt] 25/2/2013 07:43

Daw Mill has been a disaster from day 1, they should just shut it.

[deanroberthunt] 25/2/2013 07:42

Ivan

I reckon some punters might just read the headline, panic and sell.....so expect some downside this morning.

[ivancampo] 25/2/2013 07:28

Restructuring completed just in time then, without it this would have finished it off. As it stands no economic effect on CRES.

[deanroberthunt] 23/2/2013 15:17

like I said, no news, no volume, massive spread....might aswell just suspend the stock.

[freddie ferret] 22/2/2013 16:11

Naughty large spread IMHO.

[deanroberthunt] 22/2/2013 09:30

sleep hollow......zzzzzzzzzzzzzz

hope there's more going on in them there hills