Member Info for GeologyStudent

The aforementioned list have 220mill shares. If the rest have sold out, the MM's have 50mill shares.

If the debt holders disposed of their approx. 13,000,000 incentive shares too, I calculate that the MM's have 20,000,000 shares in stock to play with, with approx. 252,000,000 shares held by ALO holders, Kevin Van Wouw, Jamie and the three institutions.

from the other major shareholders suggest that the seller's over the past week are primarily the recent placing confributors which collectively held 10,000,000 shares and the former CLN holders who held approx. another 10,000,000 shares. The debt holders who exercised their 20,000,000 warrants could possibly be selling or already sold out. Looks like a fund snapped up 13,700,000 shares. And, a few weeks ago, the other institutions collectively increased their holdings by approx. 20,000,000. If everything I said is true, the MM's have an additional 7,000,000 shares in their stock, but on a positive note, CRA will be much more tightly held in the future which three institutional investors who will be holding stock until they see a return on investment. Shame the SP is languishin at all-time lows though.

A break-even month in Oct will send this back to 4-5p. If they can secure finance for rehabilitation and subsequently reach nameplate, this could go to 10-15p in Q1 2019.

I agree. To think I bought this abomination in 2014 for 300p and consistently averaged down to 23p. At some point, one is going to lose patience. This has been a disgrace and this is further compounded by the fact that MJ has been taking a salary of £120k+.

Only invest in projects with management that have a good track record of developing, financing and successfully managing mines. I've just finished my masters degree, and I'm heading over to China to work for an investment bank soon so that has somewhat nullified my disappointment. This shambles has made me into a more shrewd person and will benefit me in my future career.

I'm one of the lucky ones with an avg. of 23p. I'm still in touch with investors that are down 99%+, with averages of 100-150p.

My £50k investment now worth £2.8k.

sure that seller is still here. Pushed down the ask to entice more buying.

The mine has been operating at the following capacities: June - 80%, July - 45%, August - 37%, September - between 37-50%.

1.2% copper, 75% recovery, 60% of nameplate and $2.80/lb results in $600k positive cashflow. At 50%, we'll break-even.

better than doing nothing. This has been a shambles from the start. The fault lies majorly with Forrest Gump for getting us in this mess, and Gok Wan for failing to identify deficient parts prior to production and a lack of plan to swiftly address it. A contingency fund should have been set up prior to production for such an eventuality.

CRA by phone. Got through to secretary and I have delivered them a set of questions to be forwarded to CRA. I have done this as MJ aka Forrest Gump has refused to answer my questions in the past.

another large sell order...

clown Gok Wan will probably release an interview with the release of interim results, which are due soon.

m.jones@cradlearc.com

d.doherty@cradlearc.com

order just revealed itself. We'll find out it's one of the major institutions soon. If not, it's probably one of the recent placees or former CLN holder.

collectively have a £3.75mill stake at an avg. of 7p. They must be livid.

It was always intended to be debt funding. We'll be diluted anyway due to the warrants that may be attached.

Three years ago, AAZ were having issues with processing and at the time had a Mcap of £4.8mill and share price of 4.25p. Now they are trading at 60p. It is possible. If CRA are able to produce 350 tonnes of copper in September, it would imply a milling rate of 50,000 tonnes of ore - that is 50% of nameplate. Also, they noted they had a delay wrt a part for the primary crusher. I believe there's a strong possibility of reaching at least 60% of nameplate in October. In a previous vid, Gok Wan announced that the initial tranche of funding for the DMS, rehabilitation and spare parts will be $12mill. I reckon they'll need to secure $5mill in debt funding for the latter elements. Perfectly possible, again. But can they? They have Michael Goulding now as NED. He supposedly is South Africa's finance guru.