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Spikeyandy, which ever way you look at it its not pretty... even putting lipstick on this pig wouldn't make it any prettier. A catastrophic failure of current and previous management to get to grips with this behemoth and turn it into something profitable. We've listed the issues since our inception back in 2006 many times on this board, if we can get anything back, and I mean anything, I would suggest that your are doing OK. I'm waiting to see if our esteemed chairman can pull a golden rabbit out of the hat, he has faced an uphill battle since joining us just over 1 year ago, I dont relish his position, but will support any efforts to retain shareholders rights however diluted, something has to be better than nothing. Good luck... oh these are my opinions only - DYOR.
Anyone remeber whar the water level was on 10th dec? Im sure they have changed again but not to sure
Hi - HSBC have now removed these shares from my trading account. Is there anything that I can do or do I just have to sit it out and wait? Thanks in advance.
Hi all! Happy New Year!!! Let's hope CRND can come back from the dead..... The Water Level hasn't been updated since 10th Dec, it will be interesting to see how well it's holding up this year, we should now be half way through rainy season. Dec & Jan are typically the worst months.
There is also the advfn site to post on.
It seems to work just fine....good backup to have if we lose this lse.co.uk one. Thanks
crnd.freeforums.net Dunno if it works but worth a try just in case
#know
Hey all, if we loose this chat room due to CRG leaving the exchange. This there another forum/chat room where we can stay in touch. You never now what the future holds and we may need to "come together" at some point.
Hi Simon, Thanks for sharing! Sounds like there could be a smaller glimmer of hope. Anything is better the previous proposals tabled.... Happy New Year All! Lets hope 2018 is a better year for us long suffering CRND shareholders,
Still a bit surprised that no one else has tried to contact the chairman. I have a considerable sum of money tied up in this share and I will do my utmost to pursue it, hence my contact with Simon. This is a copy of the last message I recieved: Dear Simon, you can expect some news soon which I expect and hope will assure the future of the company for shareholders and creditors and retain the asset. More to follow shortly. We have been working on matters for an outcome which achieves the above. Regards Simon Read into it what you like, but if I can get some if not all of my investment back, 2018 will be a good year. Simon
Thanks for the update Gibbo, fingers crossed it will be something positive. No news is hopefully good news, the company is still trading / debtors haven't called in the debts as yet. Staff should of had their Xmas bonuses as agreed etc. Happy New Year & good luck all CRND holders! Can we somehow come back from the dead??
That’s great gibbo who’s told you this really need this to come good
I have it on good authority that we will have news early in the New Year. It has to be positive as what we have now isn’t. Low gold price, no where to trade our shares, no info on the concentrator unit. We have no choice but to hang on... he’s to 2018...
CRND are doing the wrong kind of mining.... Just launch a Digital Coin Token / Blockchain & this is what happens to the share price. http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary-chart.html?fourWayKey=GB0006601479GBGBXASX1
Nope, sit, wait & pray that a miracle happens! The water level is still falling marginally even though SA is now in Rainy Season, the water level is just over 6M below that target level the BOD set to re-start underground mining. The problem is, although the gold is there, no one can extract it economically especially with such low gold prices. The only positive take I can currently see from the shambles, is that the company still appears to trading & hasn't yet gone in to administration.
at 2.2p avg nothing new? is there anything we can do like investors? I don't understand why crnd with all the gold underground it's in this situation.... at least my VAL are recovering and my VAST doing well still here I'm afraid...
Nice one Si, It will be interesting to see if the Concentrator Circuit is up and running & if it's likely to improve grades recovered etc. Presumably, nothing Simon could divulge will be price sensitive as they're de-listed / suspended.
New to this I have crnd shares what's happening with them ?
Nice one Gibbo. I take it we are in limbo for the foreseeable future?
Trying to catch up with Simon Charles this week, will update with any news. Si
Still suspended. They are in talks about delisting from the JSE, heard it through the grape vine. I have no idea what will happen when they do. Any body contacted the board lately? Concentrator should be up and running in a weeks according to previous RNS. It is raining in S.A. so water levels will rise again.
Still struggling to find a broker who can sell on JSE so would value some direction if anyone could help. Are these active for sale yet not that I'm itching to dump them after 4 years!
I agree, I think the asset is worth far more than we're being offered by our creditors to someone with the funds to release it's true potential. Our creditors will soon offload it on to someone else for a large profit. I'm not sure on the prospect of gold hitting $5000/oz, we've had cheap money/low interest rates for years and it's near the lower end of the scale. Also, cryptocurrencies seem to be the forming the new gold rush.