Conroy Gold & Natural Re... Share Discussion Threads

[newprom] 14/10/2015 12:11

This will bounce back up.Only at this level due to people losing faith due to the wait.Fundamentals dictate a far higher price.The price is now completely out of kilter with what is happening, in my opinion now is the right time to buy.Derampers love to talk rubbish .

[rbonnier] 14/10/2015 11:34

Bid heading for 0.25 I think its all over for current holders

[j0no5] 14/10/2015 11:02

regular progress reports wouldn't go amiss either. Informing shareholders of what value is being generated from the massive directors fees!!

I totally agree with 4marlin - "Remuneration v total spend/exploration spend/whatever is totally out of kilter.
Quite disgusting and morally repugnant."

[newprom] 14/10/2015 09:05

Certainly a big case for a reduction in directors remuneration ,I would agree.

[4marlin] 14/10/2015 08:52

It does not matter how one looks at it:

Remuneration v total spend/exploration spend/whatever is totally out of kilter.
Quite disgusting and morally repugnant.

[craffert] 13/10/2015 22:45

Let's try facts folks. 2014 accounts:

Operating expenses were €1,039k

Of which Directors total remuneration was €638k (61% of operating expenses)

Tangible Fixed Asset additions (usually a good sign of progress) €5k

I also noticed that they capitalise a big wedge of operating expenses (€665k) to the Balance Sheet, which makes the loss for 2014 look much less than it would otherwise have been. That's one way of making the Balance Sheet look busy and solvent, but it's aggressive accounting, particularly capitalising salaries.

No ulterior agenda, but IMHO the salaries are too high relative to market cap.

When it comes to this share, the penny truly has dropped (by half.)

[newprom] 13/10/2015 15:17

Cynical.Lets look at your last few posts.We can take it that you dont want to spend money on salaries but you do want to build a processing plant! jeez....just glad you dont run the company!!!

[newprom] 13/10/2015 14:48

Cynical.You could put your brain into gear before coming out with statements such as ....they need to build a processing plant.....what, right now!...in the next few months???....Cynical your deramping is getting even more ridiculous!!

[thecynical1] 13/10/2015 14:16

newprom - I am not sure what makes you so optimistic.......in case you hadn't noticed, the share price is a fraction of the nominal share price.....so funding at this point is going to be interesting.........anybody like to bet a pint of the black stuff on a capital reorganisation within 12 months?

[thecynical1] 13/10/2015 14:14

jono....glad to hear that progress is being made on the golf front......maybe they'll abandon plans to produce gold and build a golf complex.....?

[thecynical1] 13/10/2015 14:12

little in the way of equipment required.......that's a laugh.....they need to build a processing plant....that is if they ever get round to finding anyone to fund it for them............. : )

[newprom] 13/10/2015 13:26

Marlin.I listen to your points.In many ways it has not gone to the script but think we are arriving at a crunch point,which is what we all need to get things to happen.

[4marlin] 13/10/2015 13:18

newprom:

I may be totally wrong and that there is a vast amount of work going on behind the scenes but that is not my view.
The lights and salaries are being paid...but that is about all imo.

3 or 4 yrs ago the prof told me the mine ought to be up and running in 2016.
It is something he has been saying for about 15 yrs now.
We do not even have any permits or planning permission......but, we do have a project or mine manager, or something like that.
Seriously far out.

[j0no5] 13/10/2015 12:58

they have enough infill drilling to do to see the prof good for the rest of his life, no need for retirement. i heard the professors golf is on top form ATM, that's the only progress being made here!

this share would be much more amusing if i weren't a shareholder!!

[newprom] 13/10/2015 12:48

Marlin.The last time they announced drill results you were very surprised as you thought they were not doing anything.Is that not right? So it is patently clear you are not in the loop.Would you not agree?

[4marlin] 13/10/2015 12:16

Newprom:

I think the pertinent question is how far have they got with salaries?

Almost nothing is being done.

On life support.

The warning (one of many) was Pageant leaving.

[newprom] 13/10/2015 11:14

Serious answers to these questions needed!

[newprom] 13/10/2015 11:13

How far do you think they will get without paying salaries?

[newprom] 13/10/2015 11:11

With probably little in the way of equipment now needed,what do you think they should spend the money on?.

[thecynical1] 13/10/2015 10:21

no, I don't. If even you admit that salaries/fees are a large percentage of expenditure, what positives do you see? I see a gravy train....but hey, jmo.

[newprom] 13/10/2015 08:18

A large percentage of the present expenditure will be salaries that goes without saying.You have a jaundiced view of what is happening.

[thecynical1] 13/10/2015 08:07

it must be imteresting to live in a parallel world like you appear to. These guys are creaming it while the share price is in what looks like a permanent decline. When is the penny going to drop? What is the market cap? Compare that with the cost of fees, pension entitlements etc...............and what do you get???? And just to make it interesting, what percentage of their present expenditure is on exploration/development compared to fees/salaries/pension entitlements????? Might be time to take off those oddly-coloured glasses my friend!

[newprom] 13/10/2015 07:48

Cynical.A semblance of bitterness there??? We have made progress and it is a case of waiting.With a market cap at just over 2 million pounds the risk to reward is compelling.Easy to crib the company but for those who can think beyond your cynicism then the rewards are huge.The rewards can be astronomical .We have a great team and some proven resources and now after a lot of hard work when things could suddenly come together and with such a low market cap is the time to invest.Be warned against the likes of cynical and craffert as they undoubtedly have an agenda.Be especially wary of craffert with his track record of losing money on recommendations on this board.

[newprom] 10/10/2015 08:32

Craffert.I like that apology.And the fact that you acknowledge that anybody who listens to you is silly.Thank you.