Register
Login:
Share:
Email Facebook Twitter

CGH Share Chat - RSS Feed

Chaarat Gold Share Chat (CGH)



Share Price: 13.75Bid: 13.00Ask: 14.50Change: 0.00 (0.00%)No Movement on Chaarat Gold
Spread: 1.50Spread as %: 11.54%Open: 13.75High: 13.75Low: 13.75Yesterday’s Close: 13.75



Share Discussion for Chaarat Gold (CGH)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


jollyspeculator
Posts: 12,784
Off Topic
Opinion:No Opinion
Price:14.50
$20m issued at 20p
15 May '13
Manx, they would not have got that price??..

...but agree that move away from production is baffling
 
jollyspeculator
Posts: 12,784
Off Topic
Opinion:No Opinion
Price:14.50
Cash burn
15 May '13
of av US$3m/month over past 10 months??? ...Can that be right?

...My calc based on US$54m as of 30.6.12 and now "US$24m to do DFS"

...are they holding loads of dosh up their sleeve? I want to know lol
rhjoyes
Posts: 471
Observation
Opinion:No Opinion
Price:14.50
RHPS
15 May '13
Yet another Red Hot Penny Share recommendation down 70%.How do they do it.I've no doubt they will soon be dropping this from their portfolio.If nothing else they are very consisant.That's a polite way of saying they are useless.
manxdragon
Posts: 53
Off Topic
Opinion:No Opinion
Price:14.25
Ouch
15 May '13
This hurts. At 25p we'd have had a 62.6m mkt cap. $20m issued at 20p surely wouldn't have hammered the SP this much!
jollyspeculator
Posts: 12,784
Off Topic
Opinion:No Opinion
Price:14.25
Had US$61m
15 May '13
in last annual accounts...and now this...bad journey
jollyspeculator
Posts: 12,784
Off Topic
Opinion:No Opinion
Price:14.25
Goldie exploreres
15 May '13
...looking at comps...if CGH derated to explorers this could be painful for investors

...consider AAU...has small JORC ....but potential for 1moz+ in stable Turkey with 2 decent partners...gold production on smaller deposit soon: EV~£4m

CGH EV is ??£20-25m
jollyspeculator
Posts: 12,784
Off Topic
Opinion:No Opinion
Price:14.50
Moving behind sofas
15 May '13
more like lol
pablo2
Posts: 5,268
Off Topic
Opinion:No Opinion
Price:16.50
Production
14 May '13
Why would anyone put back production for 3 years? OK we're not going to take up small scale production this autumn but a DFS (not heard of that one before - PFS, FS, even BFS(Bankable) - but Definitive?) can't be going to take that long. It sounds to me like best use of limited $24m cash reserves to build up resource credentials and 'to underpin discussions on strategic alliances'.

So rather than just start producing a little and probably at little profit on such a small scale, build up confidence for JV or takeover. There is nothing to suggest 3 years delay except Cailey Barker's analysis. I am hopefully going to find out whether there is much truth in this. Where will the pog be in 3 years - no-one can be certain. Where will it be in 3 weeks? There is obviously more to this sudden change of tack than meets the eye - Mac DeGuire may well have a lot to do with the changes - "Mac's career in the international mining industry spans more than 40 years. In 2006 as senior vice president of Apex Silver Mines he initiated the sale of a share of the San Cristobal project to Sumitomo Corporation of Japan for $500m, having managed the pre-feasibility and definitive feasibility studies and the development plan for the project." - he's been doing DFS's before. Anyway, hope we're not moving into sofas - lol.
haroldhadrada
Posts: 41,498
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:16.50
jolly
14 May '13
i agree it some put bk to late 2016 , id be interested to look at daily shorts to see if anything has been opened but id imagine it has firmly gone to explorer again so can understand the drop .
langyy
Posts: 40,292
Off Topic
Opinion:No Opinion
Price:16.50
jollyspeculator
14 May '13
barclays downgrades the whole of the european mining sector,that wont help much.....bless um....



Share Trading BrochureRequest your Free brochures on share dealing, spread betting and CFDs

Sign up for Live Prices
Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.