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Recent discussions about Conroy Gold & Natural Resources Plc (CGNR) reflect a mix of investor sentiment and speculation surrounding the company's strategic position, particularly following the recent resignation of Director Marion Moroney. Observers noted that Moroney's move to BHP may suggest a potential conflict of interest, raising concerns about the impact on CGNR's direction and focus. A noteworthy quote from an investor highlighted, "Marion found a great excuse to exit… the old 'sorry I've a potential conflict of interest' card for a graceful non CV damaging exit."
Despite the uncertainty, some optimism emerged regarding CGNR's future potential partnerships. An investor pointed out that the CFO mentioned they are in an "advanced discussion" phase concerning a new joint venture partner, which could potentially uplift shareholder value. Another investor remarked, “Book is strong currently, just 100,000 left at offer price (3p) then it moves up,” indicating a belief that limited availability of shares at this price point might drive the stock higher. Overall, while sentiment reflects some anxiety over leadership changes, there are also signs of cautious optimism anchored in operational developments.
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Conroy Gold & Natural Resources PLC has announced a significant change in its board of directors with the resignation of Non-Executive Director Ms. Marian Moroney, effective February 28, 2025. Ms. Moroney is stepping down from her position to accept a senior executive role as Head of Prospect Evaluation at BHP Group Ltd, citing potential conflicts of interest as the reason for her departure. In her statement, Ms. Moroney expressed gratitude for her time with Conroy Gold and wished the company ongoing success.
The company continues to focus on advancing its "Discs of Gold" project in Ireland, which remains a pivotal part of its strategy moving forward. The board and staff have acknowledged her contributions during her tenure and are set to carry on with the project's development despite this change.
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I’m sure his family are grateful for the investors cash |
On behalf of the Board, John Sherman, Deputy Chairman of Conroy Gold, commented:" Richard will be missed by us all. His immense contribution to and achievements withi |
Sad news today |
Conroy Gold and Natu |
Lol and nothing will come of any future JV, fools gold isn’t the same as real gold. |
They ended up with 2 JV's that ended in tears for shareholders because nothing came of either |
bs continues |
Plenty of people calling cgnr a con in 2019 and they ended up getting 2 JV offers. Price of gold much higher now. |
Observer, the Prof ALWAYS helps out his friends. Us long suffering long-term holders don't even get the option of a rights issue! |
Looks like the Prof has allowed his chums to get in at rock bottom levels in the subscription. |
The reality is - to get rich with Conroy will require some definingly positive |
free stock charts from uk.advfn.com |
Can't believe the Prof is still getting away with this. |
Man the lifeboats Mr Lightoller !! |
bs continues |
https://x.com/BRICSi |
BS continues |
A new JV to replace the old JV's that turned out to be transformational until the JV got a look at the actual potential and realised they were wasting their time? I will apologize the day Conroy viably smelts and sells just one ounce of Irish gold. |
They are working on a new JV. Will all the idiots apologize when they are proved wrong? I doubt it. |
AAZ looked at it - didn't want it. |
craftyspeculator, "classic line", except they don't even have a hole in the ground to stand next to! |
Seems overpriced. |
BS continues |
Type | Ordinary Share |
Share ISIN | IE00BZ4BTZ13 |
Sector | Gold Ores |
Bid Price | 2.90 |
Offer Price | 3.00 |
Open | 2.95 |
Shares Traded | 19,500 |
Last Trade | 07:49:36 |
Low - High | 2.95 - 2.95 |
Turnover | 286k |
Profit | -586k |
EPS - Basic | -0.0122 |
PE Ratio | -2.42 |
Market Cap | 1.41M |
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