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CDC Copper Dev

2.075
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Copper Dev LSE:CDC London Ordinary Share VGG2540X1033 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.075 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Copper Dev Share Discussion Threads

Showing 2151 to 2173 of 2250 messages
Chat Pages: 90  89  88  87  86  85  84  83  82  81  80  79  Older
DateSubjectAuthorDiscuss
30/10/2013
08:36
Now if they put up all the assets for tender , then there may well be a pleasant surprise for holders ,this stinks of a rip of!
jotoha2
30/10/2013
07:53
returning cash to shareholders - not a bad return for those newbies!!
wooster4
30/10/2013
07:31
So an offer for CDC at 3.79p from ....the company itself confirming what i have been telling longs for ages. Basay and t'other were screwed & the only asset is the cash

Well, losing 90% isnt so bad,...

leoneobull
23/10/2013
15:15
Nice...at last!
moormoney
22/10/2013
14:25
Next year might be interesting for some!
jotoha2
11/10/2013
17:22
yes, next week might be interesting - may escape this contracting triangle weve been in for the last 5-6 weeks or so.
house atreides
11/10/2013
12:43
Perked up 2.5-2.7...
pilot48
10/10/2013
14:06
Hello we have a bit of blue! I was beginning to feel everyone had deserted this co.
moormoney
05/10/2013
15:50
I am going to use this ad tax loss on cgt once blvn multi bag
leoneobull
05/10/2013
15:49
Signals a greedy mm. Management gave up as soon as legal dispute kicked in
leoneobull
04/10/2013
15:13
Loverat
fair points. however,even if the management have given up, that's no bad thing if its a hopeless case to fight through the courts. I think that's a prudent position to take. Why spend $100,000s on legal fees fighting a system which is stacked against you. My excitement surrounds
1. the confirmation and re-affirmation that management are conserving cash and the fact that we still have a touch more than 4p in cash which has just been verified in the accounts
2. this is then essentially a $13m cash shell - not bad imho. with this level of cash the next deal would have to be substantive say 30% purchase price, 30% spend on asset to develop and enhance value, and hopefully keep 30% cash so that Board don't have to come back to the market for more placing at very low levels
3. even if we get half of the written value on the sale on the current asset, very happy

horrible spread (no expert) but signals a buyer to me?

xcap
02/10/2013
20:10
Leoneobull

Whilst I would not particularly recommend this as an investment based on the two assets I do not think there is much downside in the current price. The company has cash of 4p. The market has more or less written off the assets. One is involved in a legal dispute which seems uneconomical anyway and the other is in the middle of a territorial dispute.

I bought these on the basis that the cash underpinned the share price and any news on the two mines represented potentially huge upside. I sold these the other day because I just don't think the management are bothered about the company. The language and tone in the RNS suggested they could not give a damn and had given up.

However, the worst I could realistically envisage for investors is that putting funds into this will simply sit there like the management and do absolutely nothing. A bit like owning premium bonds.

loverat
02/10/2013
19:53
I can't believe there are people ramping this. I would not advise anybody buying until there is clarity on basay..
leoneobull
30/9/2013
19:26
Are they looking at selling the asset that has the legal dispute?

no official statement has been received on the renewal of the exploration permit, which expired in December 2012

euclid5
30/9/2013
19:18
Yes definitely and you can see why at this cheap price.
topinfo
30/9/2013
19:14
yeah some hefty buys over the last week, there was another for 1250000 shares today - one last Friday and another for a 1000000 a day before that.

Someone building a stake ?

house atreides
30/9/2013
11:04
Look at buys again here. This is going alot higher now.
topinfo
30/9/2013
10:56
This is a massive no brainer IMO. Xcap you are correct mate

They have 4.1p+ in cash at current exchange rate and are in talks over $20 million asset sale which is another 6.5p in cash so thats 11p alone and share price is 2.75p. lol not for long. Buyer back with 325k buy.

topinfo
30/9/2013
10:44
4p in cash
conservation of cash a prority
$20m asset for sale
all looks good to me

xcap
30/9/2013
10:07
So there we have it, even the little plonker at Goldman has very little idea as to what is going on here, lets just have the cash back to shareholders and allow Alland to keep the shell to sleep in!
jotoha2
30/9/2013
07:21
2.53 vs 2.575
house atreides
30/9/2013
06:39
CDC some doomsters tried to say their cash would be alot less but look, its over 4p+ per share compared 2.75p share price and they are negotiating trade sale or J/V.

Should do well 2day.

Given the distressed capital markets for mining companies and the consequent difficulty in arranging a sale or joint venture of copper mining projects in the current environment, the Company has reduced expenditures to the minimum and is continuing to keep the Hinoba-an and Basay projects on a care-and-maintenance basis. With these measures in place, we are in the best position to preserve our significant cash balance, currently at US$14.4 million as at 30 June 2013 (US$14.3 million as at the date of this announcement), while continuing to review possibilities for a trade sale or joint venture.

topinfo
28/9/2013
16:33
That code for Goldmans are short and no dice! LOL
melodrama
Chat Pages: 90  89  88  87  86  85  84  83  82  81  80  79  Older

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