Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Conroy Gold & Natural Resources Plc | CGNR | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
---|---|---|---|---|
2.45 | 2.45 | 2.45 | 2.45 |
Industry Sector |
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MINING |
Top Posts |
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Posted at 06/3/2025 09:11 by craffert The share price can go yo zero. Marion Moroney found a great excuse to exit having realised that there is nothing to direct at CGNR...the old "sorry I've a potential conflict of interest" card for a graceful non CV damaging exit. The optimists here will have you believe that there is a JV in the pipeline with BHP...a base metals miner of copper, iron ore, nickel, potash and coal |
Posted at 03/3/2025 08:30 by kaos3 i am worried. diversity suffers with this resignation. is cgnr going against diversity? |
Posted at 20/2/2025 21:21 by mininglamp The placing today at sister company KDR probably scared off a number of recent buyers in CGNR however I believe the new Chairman said during a recent interview that an equity placing was not appropriate here.CGNR is still only valued around £3.5m which is option money given the potential let alone a gold price approaching $3000oz. I think buyers will return soon enough. |
Posted at 19/2/2025 21:33 by goggin I wouldn't pay any attention to charts with cgnr or any other chart spoutist.The chart over the last 20 years has been 99.9% down with intermittent spikes. Will this time be different? |
Posted at 17/2/2025 09:07 by broken_arrow1 CGNR gone to 'at best' only now on the buyside.Me thinks entities are trying to protect a short position, this stock has a history of dynamic upside moves. Heavily oversold on the technicals. |
Posted at 06/2/2025 14:44 by broken_arrow1 Nothing much available online now, the shares are poised for a technical bounce, the RSI is at a 2 year low but turning up, a retrace to 50 would move the share price materially.CGNR traded at 14p this time last year. |
Posted at 03/2/2025 19:32 by enter So why is someone selling a 500k block of shares if cgnr are closing in on a JV? I bet it's the same person that sold 500k shares on Friday. |
Posted at 01/2/2025 15:40 by green diamond 1 Bought 150 k yesterday @.0208Now in the CGNR 1% Club Thanks seller , Marion will deliver a 💥 deal at PDAC on March 2nd my guess Over 600 k in my winner winner chicken dinner CGNR buffet. Plate 💰🦊 |
Posted at 31/1/2025 16:01 by richgit I may have my Blinkers on,yet I am going to take more stock,now that several ofmy Investments in the Majors and others are seeing the light of Day. Whilst in such overall horrendous Capitulations by Pi`s and some Funds facing redemptions-perverse Conroy in panic. However,somewhat regardless of how Management can turn things around, as that would be beyond speculation,I continue to disbelieve that no other Investor/Investors cannot see the Potential ways forward here as Gold merely stair steps (up and down) towards $3000 and eventually- !!!!! This info (below) is very out of date,however whilst costs would obviously need to be re-evaluated,it is reasonably arguable that at Gold $2800 (looking to go far higher over time) that the IRR @49% or above could be maintained (or improved) + the 2 year Payback This does not take into account any of the positives added in drilling etc since 2011. 16 December 2011 Conroy (AIM: CGNR; ESM: CGNR.I) is pleased to announce that it has received an Updated Resource and Evaluation prepared by Tetra Tech Wardrop Engineering Inc (“Tetra Tech”). on its wholly owned Clontibret gold project in Co. Monaghan, Ireland. The new resource and evaluation was developed to Joint Ore Reserves Committee (“JORC”) standard and is an update on the scoping study previously undertaken by Tetra Tech. The update increases the resource to over 600,000oz Au, the mine life to 11.2 years and further enhances the economics of the project. The evaluation is based on a long-term gold price of US$1,372 per oz Au and on a new resource estimate based on infill drilling, assay results and updated geological interpretation. The new resource estimate using a minimum mining width of 2 metres and a cut-off grade of 0.60g/t Au shows a 25 per cent increase in tonnage to 11,709,700 tonnes and a 19 per cent increase in total ounces of gold to over 600,000 oz at 1.60 g/t Au (Indicated 259,956 oz Au, Inferred 341,148 oz Au) (See Table A). The mineral resource was evaluated for mining potential using Whittle pit optimisation software The Whittle evaluation shows a 120 per cent increase in contained gold within a conventional open pit configuration, a 35 per cent reduction in operating costs due to economy of scale, a reduction in stripping ratio from 11.8 to 9.4, a doubling of production rate from 400,000 to 800,000 tonnes per annum, a decrease in gold grade from 2.19 g/t Au to 1.53g/t Au, an assumed overall recovery rate of approximately 85 per cent using a bio-oxidation process; in-situ gold averaging over 50,000 oz per annum in the first five years of mine life and an increase in mine life to 11.2 years. (See Table B) The increase in size and throughput will increase capital costs to US$77.8M (from US$ 47.9M) but with a reduction in payback period to two years. The economic evaluation was based on a pre-tax financial model, taking a base case commodity price for gold of US$1,372 per ounce, this gave a 49.4 per cent internal rate of return (IRR) and a net present value (NPV), at an 8 per cent discount rate, of US$72.3M. Will my Blinkers burn me,I dont know,but then as a percentage of my overall Investments I am not risking My house,not even my Garden shed. Interesting times with so many potential Multi-Baggers in the Majors and some potential skyrocket,given away Microcaps, in my Canadian hunting Grounds. GLA |
Posted at 31/1/2025 15:35 by mininglamp Looking back the last time CGNR stock was trading around current levels was in December 2019, by March the price hit 18p and by the same year it hit 40p.Who knows if history will repeat? |
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