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I've tried investors relations twice and also copied in info@centralrandgold.com & still nothing. As long as they know we're still out there & not going to walk away whilst the lights are still on.
OK so it does lol
I appears that we are still employing 130 which would be nice to get something from the company on that but we have to get it trough news releases.
https://city-press.news24.com/Business/controversial-mining-company-uses-employee-pensions-to-stay-open-20190113
sorry i do think will copy across
I have written again to investo relations at CRND. They have not answered my numerous emails , so I don’t hold much hope. I still feel I have to try , here’s to a miracle ...!
Someone set this chat area before, perhaps this may be helpful : http://crnd.freeforums.net/thread/2/works
I am sure some of you Britons are in SA once in a while, or have friends there. Shouldn't be too difficult to grab one of those guys...
Better think about how you guys going to do organize your share chat, once that lse.uk will stop listing Crnd?
-----
CRG Slot 8 , 10 Spencer Road (Corner Spencer and Robert Road)
Robertville
Roodepoort
1709
South Africa
Contact Number:
Tel: +27 (0)87 310 4400
Email: info@centralrandgold.com
Email: hr@centralrandgold.com
email: investorrelations@centralrandgold.com
It's looking dire, but as far as I am aware, the lights are still on & they are still processing / trading some how.
We've certainly had no correspondence / announcement on their website to say they have ceased trading. We've all lost a lot.
Are you saying we can expect an update? I thought CRND is dead for good. I lost a lot here... probably many others too.
I am assume the Water Levels haven't been published since CRND lost their mining license, I assume this to on/around 18th July.
It's about time we had an update on what's going on.
Has anyone else had any joy getting a response from CRND / or related parties?
Water Levels (AMD).... Wondering what the news could be, it's been a while now.
Heads up, at least this seem the only "defensive stock" on the market right now.
Q: What about the Chinese investor who lent money to Central Rand for a while?
Once had a mini 2k stake in here, and IMO its best to work these sort of punts purely with the amount you can handover as a tip to the company. (Back in those years far too much ramping surrounded this share as well as CEY for my taste.)
Thanks for the update Simon!
I've never known such a palaver, just when you think that noting else can wrong, wham! Have they just lost the New Order Mining Right or the 7 New Order Prospecting Rights as well? So effectively, CRND have now lost their main asset & resource for the second time (previously 2011).
How exactly can CRND re-acquire the mining right when they don't have any cash? Is it also fair to say that it may not exclusive and another party could come in a bid for the new underground mining right despite CRND donating the Ritz pumps etc?
CRND have had their mining rights rescinded ( you couldnt make this up ) and are now negotiating with the Govt to re acquire them. The issue surrounding all SA businesses is that they now have to have a full reflection of the diversity of population in both colour and gender. Whilst I can see how this would work in theory, the practice may be a little harder to implement and it looks like CRND havent done so quickly enough.
Copy of latest email:
Right now it depends on if the plant can operate without the mining right. If the answer is no, zero chance CRG can survive. The new board is still working with the government to get a tailing deposition right.
I think CRG has lots of potential even it lose its mining right. As there are lots of tailing materials around us. It is just the previous management left the Company with huge debt (about USD3-5m). And it is difficult to get substantial funding.
Not sure what else can be added to the above. It is going to take a considerable amount of time, effort and money to unlock the CRND fortune in Gold, but given the current SA working environment, its not going to be easy.
Simon
I've just sent them an updated version of the plea-for-an-update note which went unanswered back in March.
I have written to CRND again as I have not heard anything as yet. I would urge others to do the same if possible , as it may prompt them To release some information PI’s who have waited patiently.
mailto:investorrelations@centralrandgold.com
I have written to crnd today see if there are any updates on our investment . I hope to hear from them and hope positive news come through for us LTHs.
It seems CRND's neighbour ASX listed West Wits Mining Limited have re-started open pit mining, might be an opportunity to offer processing capacity:
http://www.miningweekly.com/article/west-wits-breathes-life-into-old-gold-mine-2018-07-26/rep_id:3650
http://www.proactiveinvestors.com.au/companies/news/200805/west-wits-mining-adds-428000-ounces-to-south-african-gold-bounty-200805.html
The TCTA Water Level hasn't been updated since 18th June.
Many thanks from me Simon..
holding my shares i can't do anything more for the moment
my email if we have a good new: digitalmoney2050**********
I was very confident in the gold project here...
Simon, thanks for update.
As Glib stated, it's much appreciated, keep up the good work.
Thanks for the update Simon.
Much appreciated.
Some slighty better news - we are making approx 2.1kgs of gold per week and yes, it is sent out by Helicopter. The details from the concentrator unit wont be ready for a few months yet, but the signs are encouraging. We are still losing money & require 3kgs per week to break even... the target for this concentrator is 6kgs per week, and if it works, it will be the first of many concentrator units purchased. We still have a long way to go and I am not scheduled to talk to anyone for another 2 months. DYOR. Simon
Many thanks Simon
Hello Gary / Garnet and anyone else who has asked for email correspondence. I had a long chat to a person on influence at CRND last week and I have chosen not to share our emails for my own security. I can however give you a brief outline of how I see our position. Concentrator up and running. A number of major issues with the cabling etc, but it is working and they are producing Gold with it.We will have a better understanding of how efficient it is in 2 / 3 months. We are still running at a loss, but this will be overturned as soon as the Concentrator is running at full speed, however we now have a few external hurdles to overcome. Sourcing good quality Tailings over and above the current load. Resolving supplier disputes / payments Resolving PUNO - still a thorn in our sides Resolving waste material issues We are not out of the woods, we still have a long way to go, but if we can catch a bit of good fortune, we may yet see a return on our investment, but not for a few years. I have put my shares in the bottom drawer, but will continue my correspondence with CRND and am happy to update anyone who wants to read my comments on here. We are all free to make contact with CRND, all the details of how to do this are on their website. They are my personal comments and do not constitute any indirect correspondence from CRND. Cheers Simon
Well said Winston. gary@victorcable.com please Simon. Many thanks!