Member Info for Gibbo1066

0.4% of the company in one trade...and nothing moves? AIM... dont you just love it?

I agree John... wholeheartedly. So, we have everything in place to make some money, now we just need the info to come out. I'm holding onto my £ 0.15 valuation... I wont be rich, but I will have some shekels to play with. Now if we go back to the $ 150m valuation and even if we take the loan notes converted into shares we are then talking approx £ 0.65 and I may go and buy myself a new car with the initials AM. If only!

PATIENCE... nothing we do or say on this board is going to effect the outcome. I agree that news on the investor / Nomad is long overdue. As for us having no money, it doesnt help not know the terms of the current milling contract as I still believe we are producing approx 25 - 30kgs a month based on the information given. I was out on my end of October statement, and I may be out on the end of November too, but I still believe we will make a profit from this trade ( i'm in at 4.5p now ) as to how much... my back of the fag packet calcs are still around £ 0.15 - £0.20. But hey, I've been wrong before. DYOR obviously.

Hello John, not certain why you think the delayed news is anything but...delayed news. They are in the process of changing NOMAD to allow for the new investor to come on board. We have our machinery working at almost capacity and a breakeven point of 17,000 tons per month ( that takes care of all the costs and keeps the lights on ). We have an investor who has money on the table for a sizeable percentage of the company who also happens to supply the machinery we need. We have our own supply of ore coming on board where we will be in a position to keep all of the profits. The water level is dropping. Gold is hovvering around $1300 per ounce. I may not see my money back for another year, maybe two, but I am confident I will see it back and a sizeable amount on top ( I see the value of this company at between $ 30 - 40m USD given the amount of shares outstanding ) As always its only my opinion. Si

I think PUNO will be resolved earlier, but I've missed my first date and an now being a little more cautious. They missed the timings on submission of documents and it's now with the courts to decided the next steps. Done & dusted Q1 2017 is my bet.

Unless you have been on the dark side of the moon ( great album... but thats another story... ) the investor is the same company who put money in at £ 0.035 - the Chinese Mining company. There is another $ 4m waiting on the sidelines for regulatory approval and a change of NOMAD. It will be this year, but I had hoped for October as I said earlier. We are milling approx 17,000 tons per month and I believe we are breaking even and maybe a little profit. PUNO will be sorted by Q1 2017 too. A little nudge in the right direction will see this company valued at around easily $ 30 - 40m or c. £ 0.20 at todays shares outstanding price. But you have to have patience. If you are looking for a quick buck, it will be down to luck or insider trading if you happen to buy the day before the news about any of the above. So, in my humble opinion, put those shares away somewhere safe and sweat it out. Enjoy the ride. Si

John... welcome back. Patience... patience.... patience. There is an awful lot going on in the background of Central Rand. If you bought in at £ 0.013, I will predict that you will have doubled your money by Christmas 2016. If you can hang on, mid next year I believe we will be worth in excess of $30m. Its just my own personal opinion... but then you know that!

I've said a few times that we will be a different company by the end of October. I standby the different company comment, but maybe out on the date. We are in my opinion in an infinity better position than we were even 3 months ago. I'm going to go out on a limb and suggest by end of the second week of Nov we will have news on the investment ( this will value our company at a minimum of £8m - or 3x current value ) And a conclusion of the PUNO position by end Q1 2017. I still believe our company has a value of between 30 & 40m with today's shares outstanding. It's just my supposition, as always DYOR.

Takeachance1... yep still here, still invested. I hope the AGM will release some news about the financial terms of our current milling operation and the potential $4min vestment. I am still baffled by our current valuation versus the current 20,000 tons per month @ 1.8grams per ton. I cant get to speak Craig Asenburger anymore ( head of the TCTA ) , he's too important. Enjoy the ride... BEP for me is just over 5p or $10m valuation.

John, I'm really not sure we'd be F..ked, but it would be a set back and open us to very one sided discussions with our Ore supplier. I'm going to bow out until after the meeting as this is when the real fun will start... IMHO. Good luck with your holdings. Si

Good point John. We are keeping the lights on for another 12 months, but the deal could end after that, I doubt it, but it could. The investor is the guy who supplies our machinery ( allegedly ), good guy to know in my opinion. So, why so little. Well, we dont know the terms of the deal, just that we will own more than 50%... Back to the ore supply...If you wanted to keep a deal sweet and on your terms, fighting from a point of strength is always the best form of negotiation. If you have no money and need the deal more than the other guy, he has you at a disadvantage. On the reverse side, if you act like you dont need it, the deal maybe sweeter. An now back to your point about the 4 million... on balance, I believe having this guy on board is a genuine boost for our beleaguered company, I hope we will learn more about what is on offer in 2 weeks & I am still betting our share price will be 4 - 5p by the end of October. I've increased my holdings and reduced my average, I may be wrong, but I am betting that we will be a completely different company later this year, maybe early 2017. But its my money and I can do what I like with it. DYOR obviously.

Again... back of the fag packet calcs. By the time we have our meeting on the 18th we will have had 10 weeks of ore supply. Assuming that we are now running at full tilt and averaging 25kgs per month, we will have produced 60kgs of Gold at a value of $2,500,000. Almost our entire company value in just 10 weeks! Yes, yes , I know we don't get all the revenue, but it shows what potential we have. I may be setting myself up for a fall, but the next just over 2 weeks are going to be very interesting and hopefully profitable. I still value the business at $30 - 40m or approx £ 0.18 - £ 0.20 per share, though it will be mid next year before we reach these levels. Its all just my opinion though.

trust me John, I'm also feeling the pain. But, without the investment, we wont have a viable business with the ability to mine and process our own ore thus keeping the full revenue. Right now, I am just grateful we have managed to secure the future of our business for another 12 months. Personally I think that is erring on the side of cautiousness - by an good margin. I did a few sums on an earlier post and I am confident we will have a considerably healthier company by the end of the year, with the key stones fitted at the end of October. But hey, its just my personal opinion. Simon

I'm still hanging onto the end of October for a better understanding of where we are as a company. Things to bear in mind... we will have had 3 months worth of c.19,000 tonnes of ore through our mills generating approx $3.7 million in revenue ( 1.8grams per ton with a 20% reduction ) Our investor will have put in $ 4m for a percentage of the business and Puno will be closer to resolution. As the RNS stated, we have the lights on and trading for a further 12 months as it stands. its not ideal, but each week that goes by we will have another $300,000 in revenue ( almost our our entire cash in hand on a weekly basis ) I still see the real value of this business at between $ 30 & 40m though that may be a few months away yet. DYOR

Possibly... but I would hope to get back to the 4 - 5p range first. Not sure we will see those price ranges for a while though, maybe H1 2017 if all goes according to plan. October in my opinion will be pivital for CRND

Has anyone got the live RNS feature working? I havent seen the red dot flashing yet... is there a problem?

Never had any faith the N+1 singer buys / sells anyway... I've been here since 2000 & I'll be here when one of their products is launched to the market. IMHO a good long term bet... and after 15 years I have a reasonable background of longevity with OXB. DYOR

Just been looking at the value of AQP against its share price. NAV $ 0.27 / £ 0.185 ( 413m valuation / 1.5b shares ) with a share price of £ 0.13... shes trading at a 30% discount. I'm in quite heavy and underwater by 26%, but I'm encouraged by Nel purchases earlier this month, some positive remarks in the 1/2 year figures and a slim possibility of a special dividend ( though this will be a double edged sword ) I think I'm going to be sitting on this for another 6 - 8 months at least before an substantial rise to the 20p + Good luck & DYOR.

I've held these for a while now and ridden the downward spiral. I am a little concerned about the stagnation of the share price against an increase in the cost of platinum. By my calculations a $ 60 - 70 USD per ounce increase in the price of plat against their production of 333,000 per annum works out to be approx another $ 20m profit ( assuming cost inc stay in business of $ 950.00 per ounce ) - or about another 7% of the current valuation. Please can anyone offer some explanation? Si

Just when I bought this months stock allowance - the price goes up 7%... I timed that well & got in just in time. Then... the price of Plat falls by $ 20.00 USD... dont expect it to be in the blue by the morning... Still a cheap stock IMHO