We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Connemara | LSE:CON | London | Ordinary Share | IE00B2357X72 | ORD EUR0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.15 | 1.10 | 1.20 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
11/7/2014 19:00 | Curry Fire the existing management? | sallad3 | |
10/7/2014 17:28 | Given his shareholding he is not allowed to post here any more. | caveat_emptor | |
10/7/2014 14:36 | another 15% down today salad, do you have any ideas how to turn this round ? | currypasty | |
09/7/2014 21:09 | anyone else coming to this year's AGM? Wonder what the sandwiches will be like at the new venue? | sallad3 | |
09/7/2014 10:55 | Who on earth would want it..Hardy? hasn't a pot to hiss in.... Obviously fallen out with Teck, how long before Fall out with the new crowd. Who would ever invest a cent with this guy ever again. | caveat_emptor | |
08/7/2014 11:06 | hostile bid is only way out imho | currypasty | |
02/7/2014 08:49 | There is no management....there is only John Teeling! | caveat_emptor | |
01/7/2014 20:13 | Why should anyone back this management? | fenners66 | |
01/7/2014 18:51 | Thus Spraak Zarathrustra... 2.5 pence 1p here we come. maybe then JTT can do a reverse dilution and dilute that ten per center to hell or to Connemara... Does'nt matter what plans are afoot.... Not with a lunatic shareholder on board. Must sort that one out first. No one will back this management with him around. | caveat_emptor | |
27/6/2014 17:34 | Oh cynics, whats the alternative? Teck have spent millions and its not viable. Should we have raised the money? And lost it? | ruthie | |
26/6/2014 06:28 | Hey Ruthie, I suppose we should be thankful for the strategy you are so supportive of. | caveat_emptor | |
25/6/2014 05:43 | The strategy does'nt appear to have worked with TECK, so we have a new and enthusiastic relationship where there is trust between the two partners,one spends the money and the other sits and looks on.... Yeah.... Great strategy!!! | caveat_emptor | |
24/6/2014 10:06 | Caveat_Emptor, you put in only a little bit of the strategy statement. Here is the rest. Whats wrong with it? Strategy The Connemara strategy is simple and clear. Stretch exploration euros as far as possible on the best available ground in the most prospective country. We have done this well to date. We believe we have very good ground in Ireland. We persuaded companies to farm into most of this ground whereby they spend all of the exploration money while we retain an equity interest. We were very pleased to joint venture with Teck in zinc and with Hendricks in gold. Teck is one of the biggest and best mining companies in the world with unrivalled experience in zinc. Dale Hendrick, the principal of Hendrick Resources is a world class gold explorer with multiple discoveries to his name. Teck spent the necessary funds, millions, to earn a 75% stake in our Limerick ground and are spending 1.35 million to earn a 75% interest in the Oldcastle block. Teck is operator in each, which presents a challenge, as operator they can do as they like in terms of exploration and once they have earned their 75% interest we must put up our 25% share of the budget or be diluted. Multinationals have different agendae and time scales to juniors. They can and do take a very long view of projects. They carry big overheads and are prepared to try out new technologies which can be expensive. Teck has a worldwide portfolio of projects and Ireland fights for a budget allocation. Budgets carry two overheads, the local overhead and a share of the corporate overhead. Local exploration programmes are decided on by teams of experts whose experience of the Irish base metal ground would not match that of the Connemara team as new techniques are tried out even though they have limited relevance to the Irish conditions. The experienced Connemara technical team would have chosen a different exploration programme for Stonepark in Limerick. However as the junior partner we cannot demand that our programmes are taken into account. The current programme has no drilling but still has a very significant overhead element. In the circumstances we cannot justify putting very scarce Connemara funds into this so we have diluted our interest. There are also issues with the Teck programme in Oldcastle where a new to mining/exploration technique has been used. This technique is very expensive and made up a significant part of the Teck earn in programme. We hope the results are positive in the long run as Connemara would have been cautious about use of new techniques early on in the work programme. Remember Oldcastle is not costing Connemara money as Teck is spending 1.35 million to earn a 75% interest after which we will have to pay our share or dilute. We hope that Teck will drill in 2014. Our gold partner, Hendrick, covers all exploration expenditure on our Wicklow/Wexford block. They must spend 500,000 to gain a 50% interest and a further 500,000 to increase their interest to 75%. To date they have spent about 350,000. Expenditure this year could push them to a 50% interest. The exploration programme is being conducted entirely by Hendrick personnel. They expect to drill this year. We had expected to farm out our Thurles zinc ground but despite interest it has not happened. Growing realisation of an imminent shortage of zinc will make drilling ready targets more attractive. The Donegal project is at an early stage. | ruthie | |
21/6/2014 20:50 | Hendricks now that could be a good listed company. | bageo | |
18/6/2014 12:26 | Anyone fancy a huge laugh? "We have had millions spent by others on our ground but we have lost control of our licences." Now maybe lose control of the company and reverse into Hendricks, | caveat_emptor | |
18/6/2014 12:25 | Well, being prepared to give 75% in return for a free carry is a great idea, as long as the relationship does'nt go sour. He's right, tho'........ no more money coming from here. To hell or to Connemara!!! | caveat_emptor | |
18/6/2014 08:41 | What a load of bleating! Complaining about their partners whilst admitting they have no money and trying to self congratulate that they have others who can spend money on their licenses whilst giving 75% of them away. Not finding any commercial interest and blaming everyone but themselves as they would have done things differently! Even lecturing the reader " Remember Oldcastle is not costing Connemara money " oh and the disenchanted shareholders are also to blame. They even believe the strategy has worked. It has if you are a director - Only! This reads as a desperate attempt to blame everyone else and try and persuade someone else to find the cash to support director's remuneration , whilst at the same time criticising all the mining companies currently involved with now their licenses! | fenners66 | |
18/6/2014 08:14 | "These are hard times for explorers with no investor interest" that may have been the case up to a couple of months ago, but, IMHO, a lot of resource stocks have seen very strong investor interest recently especially oil, gas and gold. Perhaps what John means is no-one is interested in his Companies any more, until he can show they are making progress ? | currypasty | |
14/6/2014 12:36 | June 11, 2014 5:32 pm Zinc gains on lower stocks and expected supply cutsBy Xan RiceAuthor alerts Get AlertsStart alertsGet an email alert for Xan Rice Zinc rose to a fresh 15-month high on Wednesday as investors took heart from falling warehouse stocks and anticipated cuts to mine supply. The metal, used as a protective coating for iron and steel in construction and electrical appliances, has also benefited from stronger demand in developed economies. On the London Metal Exchange, zinc for three-month delivery reached $2,146 a tonne the highest price since February 2013. Shanghai zinc also rose to a 15-month high. High warehouse stocks that accumulated after the financial crisis have helped keep the price depressed and trading in a narrow range since late 2011. But inventories have been falling over the past 18 months, and on Thursday dipped to 694,650 tonnes, the lowest level since 2010. Supply cuts are also imminent, with a number of large mines due to shut next year, including MMG's vast Century operation in Australia and Vedanta's Lisheen mine in Ireland. Several new projects and expansions face delays. "The supply gap that will emerge has excited some people, but that's still over the horizon," said Leon Westgate, base metals analyst at Standard Bank. "I think it's a bit soon for the price to start moving, and that this rally is not really justified." According to the International Lead and Zinc Study Group, the market swung into deficit last year, for the first time since 2006. The deficit is expected to grow this year to 117,000 tonnes in a 13m tonne-a-year market as global demand rises by 4.5 per cent. Higher car sales worldwide and stronger infrastructure spending in Japan have helped boost consumption, though China, which uses about 44 per cent of zinc globally, is still driving growth. The brighter outlook has prompted some producers, including the Canadian companies Teck Resources and Trevali, to restart operations that were mothballed after the price fell from its peak of $4,515 a tonne in 2006 to $1,065 a tonne in 2008. Some analysts, including Mr Westgate, have cautioned that these mine reopenings could postpone the price recovery. There are also worries about parts of the Chinese economy. Andrew Thomas, zinc analyst at Wood Mackenzie, said the problems in the housing sector a big consumer of zinc were of particular concern to producers. Even so, Wood Mackenzie has forecast an average zinc price for 2014 of $2,100 a tonne, which is higher than it has been for all but a handful of days this year. "We expect the price to gradually drift up this year and next as the market tightens," Mr Thomas said. Among other metals, palladium rose 0.8 per cent to $859.75 an ounce, a level last seen in 2001, as mine strikes continued in South Africa, a major producer. | rickeyy | |
05/6/2014 16:14 | another 11% down today... | currypasty |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions