Where is everyone? Has something happened with this company? No trading? No chat? I'm new to this, so if anyone can help me out I would be grateful. Don't understand the abbreviations and jargon yet though.
The Chinese are definitely the icing on the cake for this share. All along we've said we can't go it alone so we need a big partner and you could be right about takeover. The great thing there is the management and some big ii's will not want to sell out cheap. No way this can be taken over for less than 32p, maybe not even for 50p.
I've got over £6k in here waiting for the big one and if it comes it'll come overnight - no warning. Think the company has pulled a blinder with this not going into limited production this year with all the risks and expenditures involved. I believe our costs per ounce when in full production will be very low, can't remember predictions now but think it's well below $1000 an oz. This is not predicted until 2016 but there will be big moves before then.
It would be nice to have the Chinese on board with a JV 'cause that would give us more political clout if there were any more shenanigans from the Kyrgyz govt.
Yep more decent news to keep the ship on course. What's your future investing timeframe for this company? I'm anticipating news on Shandong within say the next month as they're due to be conducting a site visit during the summer months. My feeling on the Chinese is that they will take Charaat out, no question. I can't believe they will waste their time in a JV partnership. The delay may come while they wait for CGH to prove up their resources and do the technical donkeywork in the DFS. So I'm expecting CGH to be snapped up before end 2014.
Excellent couple of RNS's while I was away - the latter just a little top up from director Novak. He's got a fair few "11,075,312 Shares representing approximately 4.42% of Chaarat's issued share capital."
could do with an update on major shareholders from the 22 April data on Charaat's website : http://www.chaarat.com/share-capital Besides the 14.57% + not in public hands (i.e. Director's hands), the total now in the Big Boys hands who favour Charaat (i.e. removing Blackrock but including the Directors) is way over 50%. This amount is basically not in free float, therefore when the shares move, they'll move.
sp seems to be holding reasonably well considering pog and how that is affecting most other miners.
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