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Fair Play Gibbo! Keep up the good work ;-)
Hello Simon, No mention of the rest of the information we have been promised, I’ve attached the narrative from the 20th July RNS as a reminder. Operational Update The operations at Central Rand Gold have achieved a steady-state in the past two months, from May 2017, with operations having stabilised. The Company shall announce in September, along with the interim report, specific details of the production figures from January to June 2017. Various tolling arrangements are being considered in order to build in flexibility and to optimise the plant throughput. Best regards Simon
1/2 a step ahead of you Winston, I have already pointed out they mentioned the trading up to the end of June, after my phone call today, I dont think they will forget it.
I'm not convinced we will.... they have confirmed they are intending to release full year results to Dec 2016, we could potentially still be 9 months behind current state of play. The Sept announcement was meant to be for the latest interims & most recent productions figures, these may still not be forthcoming. I'd also like to know what's happening as regards recovering the Puno High Court Award & what the recoverable legal costs amounted to, plus an explanation regarding the TCTA water level cock-up.
so on or about 13th October we will know where we stand, what if any offers on the table, what if any tolling agreements, can we survive on the crumbs we have. If the concentrator unit works, and they run at 75% capacity we have a $22m a year business and a current valuation of $1.2m... and about 4 years worth of product to get through. Timing, its all about TIMING.
so far we have 2.7% of the outstanding capital... any others out there that want to join in? we need 25% to make a difference, some of these will be held by the directors though.
From the 20th July RNS, it was the interim report up to June 2017 that they were meant to be releasing during Sept inc production figures, we still won't have a recent update. RNS due Friday the 13th as well...... 'The operations at Central Rand Gold have achieved a steady-state in the past two months, from May 2017, with operations having stabilised. The Company shall announce in September, along with the interim report, specific details of the production figures from January to June 2017'
It seems Gibbo's email has forced them to issue an RNS confirming annual results announcement.
592k for me
3.6 million here 👍🏻 What I idiot iam but hopefully all will come good
1.1m for me...
3 Million here.Surely we must have a voice worth listening to collectively?
Count me in. Only half a million shares but every little helps
Happy to help. Our company is in a very dark place, but there is a glimmer of hope. If the concentrator operates at even 50% of its potential, we may have a chance, a slim one but still a chance & right now, I'll take that.
Gibbo, eegardless of the outcome, boom or doom, i really do appreciate your efforts (emails/updates). Thanks. I just hope the outcome benefits all.
Me too.
Would support as well..
At least Simon is reading your email. I'm not sure whether it would be wise for us all to start bombarding Simon / others with loads of emails,
I would be prepared to support a 'PI collective' as well.
I put a read receipt on the email, only Simon has opened his so far.
Does anyone know if Simon reads these discussions? Will they be aware of Peterhouse Corporate Finance Limited involvement with Nyota Minerals & the outcome???
Happy to join the 'PI collective' Gibbo. Just say the word.
these email addresses are the contacts who I have been sending information requests. They are all easily available on the internet with some research, however I thought I would assist and publish them for shareholders to make contact and express their thoughts on our companies position. Use them wisely. Simon.Charles@marriottharrison.co.uk JohnT@zaicf.com wei.jiao@brandonhillcapital.com jonathan.evans@brandonhillcapital.com lola.trollip@centralrandgold.com info@centralrandgold.com I will consider adding my shares to a collective whos aim is to ensure the board of our company releases production figures on a quarterly basis and writes this into our articles. I am also happy to discuss forming a collective pressure group of PI's. Remember we have untold riches below our companies feet and as shareholders we own part of this. I do not want this opportunity to secure my future to be prized away from me.
Hello Simon, I had hoped after your initial reply to my emails that we had turned a corner on the information flow from Central Rand Gold. We have had two RNS�s in September neither of which contained the production data we had been promised. I am at a loss to understand that on the last RNS stating a change of broker, that the board didn�t think to let the shareholders know that the information regarding our production wouldn�t be released in September as stated in a recent RNS. One line to say, bear with us please, we are working hard to find a resolution to the companies problems and we won�t be in a position to release those figures in September. Whilst the news wouldn�t be exactly what many of us PI�s had hoped for, it would at least show a modicum of respect for the investors who had paid in part for the infrastructure that Central Rand has at its disposal. Simon, I note from your profile that you have been described as �A tough and effective negotiator� and �Hugely experienced, with a great blend of legal knowledge and commercial experience�. I cannot understand why you, as chairman of Central Rand Gold and given the current position of our company, have let something as simple as keeping to the promises released by the company slip by, especially as we had an RNS within a couple of days of the end of September. As I have had no replies to my recent emails, I am not hopeful of a reply to this one, which is a great shame as what I am asking for is only what the company has already promised. It doesn�t take much to begin to rebuild a reputation of a company, sticking to what they have promised is a great way to start regardless of whether it�s good or bad news is a good way to start. Please release the figures for our companies trading since June 2016 so all shareholders can have sight of the position of the company and make an educated decision on our investments. Best regards
It appears they are deliberately withholding the release of financial results & production figures until the deal they are plotting is agreed. Why???