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I would think that given CGH's close connection with China, today's sp fall can probably be attributed to markets feeling spooked by today's news. As far as I am concerned, any drops to around 6p will be seen as buying opportunities. Any rally in the gold price will be good for Chaarat in terms of ongoing negotiations and I am more interested in a potential jv than day to day sp fluctuations.

Decent recovery over last two days on no news. Let's hope we have good news in 2016 to really turn this share around. Good to see you posting again Reggie.

Less of a dog, more of a dodo it seems!

If he was the buyer at 0.7 on 13th, I feel for him. Classic Aim and classic Boil.

The rout continues. The sp is now sliding towards an all time low. Hope I haven't caught a falling knife....

Make that 0.0489- sorry!

TDW offered a buy at 0.0389 just now so I doubled my holding at that ridiculous price. I would have thought the previous announcement re Columbia was factored into the sp, but as always, Aim overexaggerates 'negative' news. I guess the net cost of the surrender of operational costs of $1m is a large cost for a small company, but Baron's financial position is healthy and can easily accommodate that sum. Hopefully, the positive news flow on the horizon will counteract today's drop plus some. GLA.

There can't be many shares where the company receives over a million dollars from an oil major to confirm a partnership.....and the sp slumps. The lack of interest here is staggering and I wonder what it will take to re-rate the sp?

Agree that cost management is good but the very bad news is it looks like Z34 is being shelved for the time being- our possible jewel in the crown. Looks like we will have more waiting to do before the board release any news to attract the herd and lift the sp from the basement.

Just to convince you there is someone else out there....! Thanks for posting that; it looks like the diversification by the Boil board was a shrewd move. News on Columbia and Peru would really give us a much needed lift. Regards.

I received the same mail shot as you it seems. On receipt of the update and offer to participate in the pre-ipo, I emailed Brian Fox at Mybetting to query the validity of the shares I hold in The Betting Service and the current position re Worldlink. He got straight back to me to confirm that the shares I hold in The Betting Service will be tradable when My Club Betting launches. In the info pack, the company stated that shares would be priced at around £6.34 on launch-these were being offered to Worldlink shareholders at half that amount. He went on to confirm that Worldlink is currently suspended pending the outcome of the patent dispute being heard in the US. He said he anticipated that WGP would relist on the main market if it won the patent appeal case. I had written off these shares completely and of course this may ultimately be the case, but it appears there may be opportunities to get some money back at some stage. Presumably, we will next be informed about the My Betting Club ipo launch and clearly this is worth keeping an eye on. GLA.

Have been in touch with TD Waterhouse to discuss options. They have had no formal notification about de-listing and that may take a few days. As you suggested in your earlier post, their advice is to wait on the formal process and then consider options. They confirmed that it will be possible to transfer shares electronically onto the Canadian exchange and at least this would keep our shares tradable. All of this does go to show how risky this investment was, but I always accepted that anyway. Perhaps SB will come to realise there is an alternative to flying by the seat of his pants. GLA

Is anyone considering transferring electronically held shares on AIM to the Canadian index? Mine are held in TDWaterhouse and this morning are showing no change. I would be interested to know other investor's thoughts. Thanks.

I have experienced one company I have invested in successfully moving from AIM to the FTSE 250- Petra Diamonds. The rules and processes that companies need to work through are rigorous and time-consuming. I recall the process took PDL around a year to complete with several RNS's being released to outline progress being made over time. To be honest, I believe it is naive to even consider a main listing at this stage in CICC's development, however frustrating AIM may be for directors and shareholders. The mainboard listing panel would take one look at CICC's performance on AIM and file the application under 'no chance' in my opinion. It is clear SB could not secure a nomad and in itself, this a vote of no confidence in the company. Our best hope now is for CICC to bring two IPOs to fruition and to prove to the markets that the company can deliver on its promises. It is time to restore confidence in this company not by last minute face-saving gestures, but by achieving its basic goals.

You've gone up in my estimation! Good luck to you too.

In my experience, smug gits are at their smuggest before a fall.......

at the LRL office. This is now looking like an increasingly weak investment to me and I'm annoyed at myself for being convinced by all the hype over this company. Hopefully, we will have positive news about the commercial viability of zjs 7 and I will remain with my strategy of holding for the medium term. However, I can well understand pi's feeling very frustrated with LRL and moving on. GLA.

Your point about II's having 'confidence' in FDI is incredibly naive. In 2012, I received a reply from the newly appointed CEO to several questions I put to him re company performance. In his refreshingly candid email, he said he fully understood my frustration at the company's apparent decline and commented that most institutions had bought in at around 28p. At today's sp, their investment is over 90% down. Such is their confidence in the board that they sacked half of them overnight. The CEO also commented that the new board had taken an urgent decision to mothball a key asset to save the company from folding at that time. Hardly an action of a thriving company. The fact is that II's are locked into FDI and are not prepared to write off a 90% loss at this stage BUT this to me is far from an expression of confidence, more a stay of execution for the new board.... and the jury is out.Owning 65% of a dog turd still leaves you with a lot of crap.....

My guess is that the company will re-list ahead of the next football season but not anytime soon. If it is to survive at all, it will have to re-list with proper financing in place and new deals agreed. If it doesn't relist by August, I think we can assume WGP is finished. A classic case of innovative technology being woefully mismanaged on a commercial scale. I only hope that the CEO has some credibility left in the business, but he has a lot of convincing to do- starting with investors.

Couldn't agree more. The board's closing statement is not what I was looking for 'The board is not aware of any wrong doing.' In business terms read this as 'we don't know what's going on' The ship continues to leak and I have sailed off in my dingy before it sinks. Hard lesson learned as I chose to hang on because of the company's world class assets. They mean nothing when the company is run by donkeys.