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Nice one Gibbo. I take it we are in limbo for the foreseeable future?
�35K loss for me on CRND. Last time trading on AIM no more. Also lost �24k on the debacle that was Yell. What I have left[not a lot]is coming off the table.
Good question. What do we do-sell our shares at a fraction of their cost? Sorry we cant as we are suspended FFS. We either vote in favour of their resolution and get shafted or don't vote and still get shafted.
Shares will be taken off AIM if they don't find a new advisor by the 13th of Nov.
Deals have already been done I would guess? I think this whole scenario has been planned.The Chinese would not throw good money after bad unless there was something in it for them. I think Redstone will make a nice profit out of all this and the Chinese get a cheap mine with a working concentrator unit. We get left with Peterhouse in other words sweet FA
Here we go...........
3 Million here.Surely we must have a voice worth listening to collectively?
Simon Charles needs to give us some answers!
What does this mean Gents? Shares will start trading again?
Some of the creditors accepted shares in payment in earlier RNS? Surely the company would have to prove it was a going concern before their creditors accepted shares as payment? And Redstone Capital or Bergen whatever they were called were SOLD shares at a discount to the market by CRND-I am assuming they sold up quick and turned a profit putting ever more pressure on the SP. If the concentrator is working surely it would be easier to find a company with enough clout to make it profitable? After all most of the hard work has already been done.
Fingers crossed and good luck all long term holders.
At least Clinton got a **** out of it that's a sight more than us
Are they allowed to do deals without going to shareholders first? Surely the financial position of the company should be disclosed to us PI's? They were in the mire before Mr Wang paid for the concentrator unit-I am sure this would not have happened without them convincing Mr Wang it would be worth the outlay and the potential returns.
Right Gents Assuming we get relisted would it be a good idea to agree a strategy for us large and long term holders?
Averaged down to 1.3 pence per share Dabbler. Balls of steel or stupid time will tell!
Its sink or swim for me I doubled down every time CRND took a hit.Talk about trying to catch a falling knife! I sold other holdings to buy more so I am now ball deep with 3m shares. Who knows what the future has in store for us but I still believe this share will deliver-we have no choice its a waiting game for all long term holders.
Will our patience finally pay off? I certainly think so good luck to all long term holders.
Nice one Gibbo.Lets hope Simon replies with something meaningful not the usual spin!
Thanks Gibbo for giving me hope.As you say some serious money has been invested when all of the previous issues were already out there for all to see.I am with you that there is value for us shareholders and patience is the key.We are on AIM -it's supposed to be stressful.If you cant stand the heat.........
Gibbo is right. There is a flow of news coming through that all helps our position. Calling our company a dead duck is way wide of the mark.We all know the situation and we don't need to see posts like this-its constant comments such as this that drive the SP down[if we were trading that is]!