Conroy Gold & Natural Re... Share Discussion Threads

[saw89] 28/4/2020 15:26

8m Oz target and only £2m Mcap. We all saw what happened with GGP from a similar start point. 0.08-10p a share

[chrysos] 27/4/2020 23:46

RNS of 24/4. "as a result of the COVID-19 pandemic, the Company is undertaking limited exploration work at the current time and expenditure is being kept to a minimum". So I would imagine the company is letting the Irish taxpayer pay its staff to sit at home and do nothing as opposed to having the shareholders paying them to come into the office to do nothing. Well at least it's progress.

[rbonnier] 25/4/2020 21:31

I would have thought that in the event of a JV being announced or an offer being made for the company Conroy would cancel the placees subscription for shares .You know Conroy can be funny and would make sure whoever's not paid up would not benefit from any appreciation in the share price
Any whispers in the media that something is going to be announced and the 150K would be in the companies account the next day. I dare say if Zak Mir is right and the share price rises to 18P over the next month the funds will also appear!!

[hooops] 25/4/2020 16:09

Hardly good news either!! WITH no clear date when the placing will be filled.

Question ,can a JV take place or will it have to wait for the placing to be settled ?
just out of interest !

[bageo] 25/4/2020 11:07

If/when will the 150k arrive! Doesn't say much for the brokers due diligence on the investor.

[rbonnier] 25/4/2020 09:41

Hooops it wasnt bad news it was an update on the placing proceeds to advise that one of the placees has now settled their account and the other placee has paid another 13k and has 150k still outstanding .They had 38K on Friday more than they had on Thursday ! it wasnt bad news .

[hooops] 25/4/2020 09:10

They seem to only issue bad news after hours or on bank holidays .
HOPE YOU ALL GET A JV DEAL.

[rbonnier] 24/4/2020 18:28

That wouldn't be a very good move on a Friday after the bell if prof needs to ramp up the share price for another placing at 12P to replace the £150k they probably are not going to get .
Monday morning at 7 am would be better .

[hooops] 24/4/2020 18:23

No mention of JV 🙈

[kaos3] 24/4/2020 17:37

bullshiit continues

[rbonnier] 24/4/2020 17:23

LoL most companies have shut down altogether !

[glenalmond] 24/4/2020 17:16

"the Company is undertaking limited exploration work at the current time"

No change there then.

[witchywoo] 23/4/2020 09:56

well they've got to ramp the price back over 12p to have any chance of getting those placing shares paid for I imagine - Brandon Hill Capital on the hook for those shares currently ??? not sure how it works

[hooops] 23/4/2020 07:03

Conroy Gold and Natural Resources plc (AIM: CGNR), the gold exploration and development Company focused on Ireland and Finland, announced on 18 February 2020 a combined Placing and Subscription to raise £302,500 (before expenses). The Placing component of the fundraise, totalling £250,000, was arranged by Brandon Hill Capital Limited, the Company’s broker (“BHC”). Admission of the New Ordinary Shares in connection with the Placing and Subscription occurred on 21 February 2020.
The Company has become aware that one of the Placees still has a balance of £163,000 outstanding for settlement, having already part settled £12,000 of its placing participation. The settlement date for this Placee was 20 March 2020. The Placee has reconfirmed to BHC its intention to settle in full this outstanding balance within a reasonable timeframe. In addition, £25,000 is currently outstanding from one subscriber who participated in the Subscription. This Subscriber has reiterated his commitment to settling his outstanding Subscription to the Company as soon as practicable.


Perhaps these have not paid up and further funding now required ?????

[hooops] 22/4/2020 22:27

Paul Johnson looks like backing this via twitter? Watch out for pump and dump!!!
or placing .
might even be the real thing Bonnie

[hooops] 22/4/2020 13:45

THE COMPANY
Has had a comfortable life out of both companies I grant you that.!!BUT
Bet your bottom dollar if a deal was to be agreed they would want their whack !!
Company loans they have acquired over the years .
Loan notes etc .

[hooops] 22/4/2020 13:34

RTZ agreement ends in June with sister company
Kdr .
Could a possible jv include one or both companies.
?
🤔

[goggin] 22/4/2020 11:12

Changed times Bonner, 2 days ago, so negative, now so positive.Good news is, you can still get in and double your money, if ant good news come out, you'll wish you held. At £2.40, still only a mk of 60m. If they hit the jackpot and come up with a major jv partner like Greatland-Gold did, who knows where this would go. NI is such a small place, all the gold mines could easily be bought out including GAL and be turned into one giant mining operation. If gold keeps rising, what is it all worth at $3000/OZ?

[observer007] 22/4/2020 11:08

Looks like interest is brewing, the interview below is from March, they were again at PDAC and had lots of interest according to Prof Conroy

The floor is in here, good luck trying to buy !



Conroy Gold hosting site visits as it looks to secure a partner for Clontibret

[broken_arrow1] 22/4/2020 10:57

Can see this heading back to at least 20p, it hit 40p a few years ago, gold is flying also.

The Irish Independent seems to think a JV is likely - possibly with a Canadian company.

This is a risk off investment with blue sky opportunity, measly £2.3m market value to boot.

[rbonnier] 22/4/2020 10:37

10P to buy now I knew I should have bought in this is on one of those big spikes again to 18P !

[witchywoo] 21/4/2020 16:15

going to take me a week to remortgage my house, hope some shares are left for me ;)

[rbonnier] 21/4/2020 15:49

Might have to pick up a few just in case a JV is announced. Chances are there will likely be interest at the current Gold Price which is only going one way and that's up .If Conroy did announce a JV you wouldn't be able to get hold of these at this price might be worth a punt .

[witchywoo] 21/4/2020 15:36

easy enough to buy online should you want to