Copper Dev Share Discussion Threads

[alfie4048] 28/9/2012 07:59

So the question is..... Is hinoba a viable proposition on its own? This question has to be adressed in order to value CDC in the worst case scenario..... Or count, shall we put our heads in the sand and hope.

[jotoha2] 28/9/2012 07:57

Clearly you have fallen in love with this share, but the question you should be asking is , have they performed in a professional manner and have they achieved with the pile of cash raised, the share price says NO !

[jotoha2] 28/9/2012 07:53

Cash will not last forever , even if they just pay themselves, and if they lose the case its curtains for their reputation, who will give them more cash to blow away without any results, take out will be the answer , and history confirms it has happened before with this lot!!

[the count of monte_cristo] 28/9/2012 07:52

Er care to revise your below posts? So the market knows about an imminent cash call does it, where is it then? And why would they need to do a 10m GBP funding at 3p considering there current cash resources? I would love to hear your answers to those questions!:)) What a malicious poster you are.

jotoha2 19 Sep'12 - 20:32 - 484 of 540

This management are performing as expected , another leg down , and with cash running out before they have any opportunity to bring in a JV , am led to belief that funding will be £10 million @around 3p , ouch, and massive dilution!

jotoha2 20 Sep'12 - 11:14 - 486 of 540

Everyone who can read a balance sheet can see that they are pretty well out of cash , they have blown the lot since listing, what do you suggest they do to pay their rather generous salaries and expenses etc.

The market knows about the imminent cash call , so should you!!

[the count of monte_cristo] 28/9/2012 07:48

jotoha2 - fact you have been wrong about the cash resources.

We all know they stopped drilling on Basay and that this would reduce costs, we tried to explain this to you months ago, it has been clearly detailed in the 14th June RNS & the 29th June Final Results. Also we are all aware of the issue with Basay, its priced into the share price. With 4.5p worth of cash, both Hinoba-and and Basay are now almost in for free.

[jotoha2] 28/9/2012 07:43

Why do you think the market values CDC at cash on hand only?

[jotoha2] 28/9/2012 07:38

Cash has held up better than expected because they have stopped drilling , big question mark over Basay, read the last two para's and it does not give any confidence , the market will not like it until they are taken out .If they are not taken out and Basy disapears , do you really think they will be able to survive.

[the count of monte_cristo] 28/9/2012 07:24

Jotoha2 - so you are now wrong on firstly the release of the interims, as I mentioned yesterday they would be released either today or Monday, and guess what they have been released today!

Secondly and much more seriously, your continued unfounded and malicious rumours in regards a 3p placing because you have stated that the company are running low on cash has now been proven incorrect.

The company at 5.25p x 230,410,169 shares = 12.1m GBP Market cap.

At 30th June company had $16.9 million cash = approximately 10.4m GBP.

I make the cash pile as at 30th June equating to 4.5p GBP, plus cash burn will now be very minimal as work/expenditure on Hinoba-an will be minimal and the drilling has currently been completed on Basay with the focus now on completing an interim geological report to facilitate joint venture discussions with third parties on the Basay project.

I do hope they resolve the Basay issue shortly and once resolved they then focus there lawyers on looking at your unfounded posts and malicious rumour spreading in regards the company running low on cash and needing to do a placing at 3p!!!


For immediate release: 28 September 2012 - Interim Results for the six months ended 30 June 2012

..Whilst, as noted above, the Company faces a number of challenges, it should be remembered that the Group currently has cash balances in excess of $16.9 million as at 30 June 2012...
Mitch Alland, Executive Chairman, 27th September 2012

[jotoha2] 27/9/2012 16:12

Needs to hold above 5p ,or its the slippery road to where do you think count, even my little long position is looking a tad early , come on CDC get this share price back to 40p pronto!!

[the count of monte_cristo] 27/9/2012 10:28

Guys, can you take this love fest elsewhere? Perhaps exchange emails and arrange to meet in some car park.

[27howard] 27/9/2012 10:05

Hello Topinfo.

Is this another topinfo that was ramping CDC at higher prices than me then :-))

[topinfo] 27/9/2012 09:20

27h lol. Another pump and dump by 27howler that went badly wrong. Ooops

[the count of monte_cristo] 27/9/2012 08:41

Er how can it be malicious information when it is on the company website, please do explain?:)) Malicious is when you intentionally make something up to be hurtful, for example your ramping of an imminent 3p placing:)

One must conclude that on either this Friday or next Monday the results will be released.

I wonder if there will be any mention of your 3p placing in them? We will be able to see there cash resources in the results.

[the count of monte_cristo] 27/9/2012 08:07

jotoha2 - Thats the 2nd time you have asked this, if you did even the most rudimentary amount of research, two clicks of a mouse, 1 click on the link to the company website (link in above header) 2 click on the investor center financial reports tab you would have an answer to this.

I am surprised that such a well informed person who has been spreading unfounded rumours of an imminent 3p placing does not have the information about when the Interim report for the six months ended 30 June 2012 will be released! This seems a tad odd to me, because why would such a supposedly well informed person who pretends to know about a 3p placing not know when the accounts will be released, even though it is clearly stated on the company website? Are we to conclude that you in fact know nothing and just made up the malicious 3p placing rumour? You have shown yourself up here.

If your tactic was to try and make it out that the company was late in releasing the 6 months accounts it is a very poor one.



Calendar Dates

Interim report for the six months ended 30 June 2012 - 30 September 2012

[jotoha2] 26/9/2012 21:28

Where are the accounts for first 6 months .

[leoneobull] 26/9/2012 20:48

snore ---it is down to CDC resolving the legal dispute & some interest in a JV

[the count of monte_cristo] 25/9/2012 13:23

Dont need to ramp, will let the drill results take care of that. Obviously the critical issue is the resolution to Basay.

Been down more than that on a number of resource stocks during 2008, only to see them come back strongly and make a healthy profit. Time will tell as they say, and I am happy to wait.

Carry on with your unfounded rumour postings, sooner or later someone will catch up to you jotoha2.

[jotoha2] 25/9/2012 12:29

And you will need a good 300% uplift to get to breakeven , is that likely with the mess their in.

[jotoha2] 25/9/2012 12:27

So how much are you down on this donkey, my estimate is a real nasty 68% plus , not good when you are the chief ramping officer here !!

[the count of monte_cristo] 25/9/2012 12:23

third rate dictator..ha..ha, I like it!

[jotoha2] 25/9/2012 12:04

The count, you sound like a third rate dictator , get yourself down the city wine bars , and every company in the oil and mining sector is a topic of discussion , do you realise how difficult it is to proof litigation of this kind , rumours are rumours , and these bb are there for this kind of stuff , I dont think you have added one piece of researched data as to whats really going on with this company , they are in a mess and a dead cat bounce is probably likely some time soon , beyond that its down to hope for you rampers.

[the count of monte_cristo] 25/9/2012 10:38

Thats fine. I am glad I have no idea as to why you have this unhealthy obession with a certain poster, this cannot be positive for your life. Jebus. By the way if you filter me you will no longer see this bb and wont be able to post on here anymore, which is no great loss as one in 3 of your posts are about the fella you are stalking.

[27howard] 25/9/2012 10:29

I will filter you now, best of luck, you have no idea :-))

[the count of monte_cristo] 25/9/2012 10:07

I can't recall a post from this person you speak of on here discussing that the company need a placing and then mentioning a placing price, or predicting any other sp?

My point is that you seem unhealthy obsessed with this poster. Let it go because clearly it is eating you up, day in day out. Try going a few days and many posts without even discussing the guy you will feel better for it.