Why are all the idiots barking about a JV when the JV they had found nothing, therefore both parties agreed to end the JV with Demir Export 🤷🏼‍♂️
There’s no gold in Ireland only fools gold. |
Marian found a great excuse to exit? What a waste of time writing such rubbish. Why did she need a excuse? She could leave whenever she felt like it. |
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 |
Now what could that mean :-) |
Non Exec moving to BHP and may have a conflict of interest with Conroy ? |
They sure as heck do not want to sell you many shares at current levels, despite the move up on the offer there are still only 100,000 shares available before another move up.
M/cap around £1.7m. |
i am worried. diversity suffers with this resignation. is cgnr going against diversity? |
It's always good to have someone on the inside in a company the size of BHP, many avenues |
Book is strong currently, just 100,000 left at offer price (3p) then it moves up.
Shares traded at 4.2p two weeks ago. |
bs continues |
BHP Group Ltd now looking at ConroyBHP Group Limited is an Australian mining and metals company that produces resources like iron ore, copper, and coal. BHP is the world's largest mining company by market capitalization. |
potential conflicts of interest that may arise with her new executive roleConflicts of interest only arise if her role in the new company involved that company having an interest in what's going on inside conroy. So some one is now looking at conroy from BHP Group Ltd? Possibly, this is where a tie up is going to come from - all speculation of course |
Nice RNS. Now await the placing RNS.....
I've been invested in the sister company for 15 years and this seems to be the pattern. My trust in this management has long gone. Just sitting on my 90% losses. Oh for a stop loss all those years ago. |
10 million is petty cash for any major miner.. |
20p is still only around 10m market cap, would hope for more |
It appears confidence is high regarding a JV partner, we will see, I did hear the CFO suggest talks with a party (or parties) are 'advanced'
The Sunday Roast podcast is available to those that want to listen, the new Exec Management team appear determined this time around.
The late Prof was a rather stubborn fellow which may have been a stumbling block or off-putting to prospective partners, maybe just maybe the sub £2m market value of Conroy is entirely miss placed.
One thing, if they do a deal, the share price will hit high 20p's. |
They are attending the prestigious PDAC mining event early next month, the interview last week was very upbeat about securing a JV partner (meetings planned at the event) my bet is they are close to a deal, the CFO inadvertently let slip they were in advanced discussions.
If a JV is announced the share price will take care of itself, remember this was trading around 25p a couple of years ago. |
Just £5k of stock on offer now. |
Premiums being asked for very small lines of stock currently, is there a background buyer? |
Nothing available online at offer price.
Looks like this is going to run up again, traded at 4.25p last week. |
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