Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Whilst the 20p per share is a magnet now, I suspect that it will only get there with an upswing (breakout) in the gold price. But the investment, should it happen, opens up some very interesting opportunities, hopefully without suspension and RTO documents.
This stock mimicked every classic SHORT LIKE ASC and THG today intraday
Constant hitting on ASK and no real sellers apart from large parcels
This stock is illiquid with plenty of players in here...
Today was a gift to the ACCUMULATORS as we were 10.65p pre Suspension got the lift to 16p but very short lived.
Await the Preliminary Investment Agreement due this month.
That signed? Gives us 16p again.
Post Investment gives us 20p in alignment with new Investor with £200m cash!
Further to this, if the deal does go ahead and the market values the assets at pre-deal levels plus cash, then the share price will be about 15.5-16p.
Of course, the markets don't operate in logical fashion, so expect deviation from this with the direction depending on whether sentiment is good or bad (judging by most of my mining shares, not that great).
In the longer run, the determining factor will be what the company actually does with the money. They have clearly been looking to add production ounces rather than develop the Kyrgyzstan assets so I expect more deals to be done. Once the ounces are added they will seek to develop their other assets. So keep an eye on what deals are announced.
Of course, the first announcement to look out for is finalisation of the deal.
The market is currently discounting this deal happening. Should it actually go ahead, the current share price would value the company at cash, essentially throwing all the gold assets in for free.
This is being noticed across the Pond
Todays Open and then the main target of 30p...
Should be 17p TODAY Alone
Being Played
Https://twitter.com/zopelyforver/status/1658749077817835521
Excellent news. Im holding on with a target of 30p.
Hit …
Exit through the gift shop.
“…Chaarat Gold has a long target list of opportunities to expand its operational platform…”
https://total-market-solutions.com/2023/05/chaarat-gold-holdings-ltd-may-2023/
Should be glad not deal
We make loads of dough at these levels
HTTPS://twitter.com/zopelyforver/status/1650529972790915073
We are back trading. Chaarat applied to AIM for the Suspension to be lifted. There are 2x RNS today. Good luck all investors.
The key part of this is "would constitute a reverse takeover". This is a long winded process in which they have to produce an admission document - a very large beast indeed. Usually takes months.
Haven’t been able to find any news of Cgh anywhere. Emailed Cgh but no reply
I was thinking the exact same thing just yesterday. Just to confirm what happened:
"Chaarat Gold Holdings Ltd - Armenia and Kyrgyzstan-focused gold mining company - Confirms it is in discussions regarding the potential acquisition of mining firm Lydian Armenia CJSC from Lydian Canada Ventures Corp. Says it would constitute a reverse takeover."
I'm guessing they are ironing out fine details of it happening or not?
When will Cgh start trading again?
https://total-market-solutions.com/2022/12/12-mining-companies-to-follow-in-2023/
“..But I do think that bulking up and adding size will make Chaarat more interesting, and we’ll also create the platform for doing other more interesting deals in the future…”
https://total-market-solutions.com/2022/10/chaarat-gold-holdings-ltd-october-2022/
This was provided rather well with regard to Shanta Gold (SHG), with the appearance of not just one, but three bidders. The feeding frenzy was enabled by Shandong, Yintai and AIM-listed Chaarat Gold (CGH). In the case of the latter it is to be hoped
https://www.share-talk.com/traders-cafe-with-zak-mir-a-week-in-small-caps-saturday-22nd-october-2022/
Chaarat Gold Holdings Ltd - gold miner with operations in Armenia and assets in Kyrgyzstan - Confirms that it is in early stage discussions regarding a possible offer for Shanta Gold Ltd, a Guernsey-based east Africa-focused gold producer, developer and explorer. Chaarat must either announce a firm intention to make an offer for Shanta or announce that it does not intend to make an offer for Shanta by November 15. "There can be no certainty that an offer will be made, nor as to the terms of any such offer," the company says. Shanta also confirms that it has been approached by Shandong Gold Group Co Ltd and Yintai Gold Co Ltd, and that any offer from Shangdong is likely to be solely in cash. In September, the company reported that it had swung to a pretax loss of USD874,000 in the six months to June 30, from USD8.6 million profit a year before, as revenue fell 10% to USD51.9 million from USD57.8 million. It maintained its interim dividend of 0.10 pence per share.
Do they even have the money?
The Board of Shanta Gold Limited ("Shanta") notes a recent press article and confirms that it has received approaches from Shandong Gold Group Co., Ltd ("Shandong"), Yintai Gold Co., Ltd ("Yintai") and Chaarat Gold Holdings Ltd ("Chaarat") which may or may not result in an offer for the Company.
This news will probably bring the CGH (and AAZ) share price back down with a bump tomorrow……
https://www.bloomberg.com/news/articles/2022-09-14/azerbaijan-and-armenia-resume-fighting-as-us-france-urge-truce
3rd in just over a year - what is going on?
“…The Kyzyltash gold deposit is really the key prize in the entire resource. There’s significantly more resource potential available in this in this area for Chaarat…”
https://total-market-solutions.com/2022/08/chaarat-gold-holdings-ltd-august-2022/
“…When war broke out it was gold that surged, not bitcoin, which has lost a third of its value in the past six months. This year’s events indicate that rather than moving independently bitcoin tends to behave somewhat like a speculative tech stock…”
One way to invest in Gold is to simply buy the physical. Another way, of course, is to invest in gold miners directly, which – if chosen wisely – can offer premium returns above the gold price, through dividends and more rapid appreciation than the product they sell. Here are a few small cap gold miners worth checking out:
https://total-market-solutions.com/2022/07/the-enduring-value-of-gold-small-cap-gold-miners-to-watch/