Share Name Share Symbol Market Type Share ISIN Share Description
Crusader Resou. LSE:CAS London Ordinary Share AU000000CAS1 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 1.375p 0.00p 0.00p - - - 0 05:00:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining - - - - 6.90

Crusader Resou. Share Discussion Threads

Showing 126 to 148 of 150 messages
Chat Pages: 6  5  4  3  2  1
DateSubjectAuthorDiscuss
31/10/2018
09:49
AUS $231,000 left at end of September, so running on fumes but for the loan facilities! Let's hope the creditor keeps up with his repayment schedule!
andy
30/10/2018
11:26
Is it true that Crusader is now insolvent?
romeike
01/10/2018
21:26
Really quite amazing how companies are able to float like this , difficult to see how the providers of the monies made any cash here , is the system really that corrupt !
jotoha2
01/10/2018
16:30
Corporate expenses $2.8 million! I guess they pay themselves well and don't sit at the back of the plane! And they spent a whole $32,000 on exploration, so they really were trying!
andy
01/10/2018
09:01
Suspended pending clarification of financial position. Could be a record for a AIM Co, listed in April bust by October.
the_debt_collector
27/9/2018
19:53
Significantly increased losses for half year
the_debt_collector
27/9/2018
19:46
Heading for the rocks
the_debt_collector
14/9/2018
08:43
The interim statement shows exactly what is wrong with this company. $3.5m paid out in Admin & Corporate expenses (inc Director salaries) only, wait for it, $32k spent on exploration. Nailed on shortly, a Novum placing, massive dilution ahead. The company has been a directors gravy train for years.
the_debt_collector
14/9/2018
06:48
So they raise a small amount of cash and then manage to blow the bulk of it on corporate cost's , now what exactly are those , balance sheet looks shiiiiite , nearly $70 million blown from start , Directors clearly went to the Nick Cooper school of accounting !! Should be retired asap .
jotoha2
10/9/2018
13:55
Yes quite spectacular really. Will be interesting to see what further damage Engelbrecht can do.
romeike
10/9/2018
05:58
Had to take a look in whist passing ADVFN. You could say the CEO has a poison pill reputation, fired by one AIM Co and has taken both STI and CAS stock prices down by over 50% since appointment, all within 18 months. Crusader also been censured twice by the ASX within weeks, not good.
observer007
04/9/2018
16:49
Let's face it, these guys only listed on AIM because they burnt all their cash raising bridges over in Oz.
romeike
03/9/2018
16:12
Burned? No I haven't touched this stock! It's trash!
romeike
31/8/2018
11:51
Another all time low on the ASX equal to 1.25p on AIM There really must be some doubt whether this company can survive, at the very least equity will continue to be wiped out with ever more dilution. They have burnt £3m since April, at present run rate they will be out of cash by end September. Novum as new broker, good luck with that one!
the_debt_collector
24/8/2018
08:29
Sounds like you have been burned here rather badly , pumpers will soon come to this thread !!
jotoha2
13/8/2018
08:39
They have appointed Novum as joint broker, oh dear! Already 50% losses for takers of shares in April. They are in dire need of cash, the ASX asked some very demanding questions ------>> 9th August 2018 ASX notes that CAS has reported: negative net operating cash flows for the quarter of $1,440,000; cash at the end of the quarter of $1,358,000; and estimated cash outflows for the next quarter of $1,300,000. It is possible to conclude, based on the information in the Appendix 5B that if CAS were to continue to expend cash at the rate indicated by the Appendix 5B, CAS may not have sufficient cash to continue funding its operations. HTTPS://newswire.iguana2.com/af5f4d73c1a54a33/cas.asx/6A894650/CAS_Response_to_ASX_Price_and_Volume_Query
the_debt_collector
17/7/2018
16:14
Crusader trading at just 1.58 - feel really sorry for the investors duped into investing in this trash at listing. Can't see any reason to stop it falling further. The company is worth less than nothing.
romeike
04/7/2018
14:46
There has to be some doubt concerning this Co's ability to survive. The shares have been dropping like a stone on the ASX and the CEO refused to answer questions about the cash position just recently. The main project needs US$90m to get it into production and they will need to raise 30% of that via equity if they can get the funding at all. They have paid out A$10m in salaries over 5 years and corporate overheads were over A$1.5 per year. In a nutshell hardly any of the cash that has been raised to date has been put into exploration. The new CEO hardly inspires confidence either, seems to be on a gravy train just like his predecessors. A$350k per annum salary + bonus and generous option scheme. It looks like another placing is a bolt on certainty, what incentive is there to buy right now?
the_debt_collector
03/7/2018
15:12
Check out recent car crash presentation with Marcus Engelfekt online - at about 20 mins in it looks like he can't make up his mind during the Q&A if the directors are paid 35K or nothing at all - not sure either is correct based on recent accounts showing generous salaries for directors. Or did he mean 35K a month? Marcus you keep banging on about the ravenous appetite of Ozzie investors for Brazilian assets - but if that is true and applicable to CAS - why exactly did you list on AIM - a market small goldexs are LEAVING to list on the TSX, CSX where they get better valuations?
romeike
03/7/2018
14:43
1.80p is the official bid now, it was 3.10p upon listing.
novicetrade68
03/7/2018
14:15
Sub 2p on the cusp - what a bunch of trash this company and its directors are.
romeike
19/6/2018
14:55
Both Stratex and Crusader are screwed, strong inflation means the cost of exploration and development is increasing by the month, most of their costs are on wages and expenses which we can guarantee won't be curtailed short of foreclosure - how can they hope to survive?
romeike
15/6/2018
06:00
Down another 10% on the ASX to 3c a share equal to 1.7p, AIM IPO investors down 45% in under 2 months. Management salaries and G&A running at £620,000 a QUARTER v current m/cap of £8.7m 1 year performance against sector - down 94% This looks terminal.
the_debt_collector
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