Member Info for gorsuch

Lekka, what is in the RNS about non payment doesn't quite make sense, it states the major client hasn't paid $0.375m payment due in the quarter, but which quarter?? the original deal as I remember was that they paid the money up front, the last payment due on the original agreement was 31st December 2018, which would have covered the client to the end of March 2019. but if they have!! paid last Decembers money then no payment was due in the 1st quarter 2019, because they would have been paid up to the 31st March.

It also states in the RNS "Demand for payment from the major client has been issued" but that can't relate to the 4000 tonnes per month for April because we are not at the end of the month yet, so it must relate to the payment they should have made by December 31st 2018, even so that would have appeared in 4th qtr 2018 accounts and not 1st qtr 2019.

People on here have said when the major client returns the share price will go to 2p to 2.5p, but what do we think the share price will do if the RNS (when it comes) is negative, with the major client just walking away.

Thanks for the reply Daisan, my access eventually came back yesterday afternoon.

The CGH forum on here seems dead to the world, but the other one on A***N I've not been able to access for a couple of days, anyone else having a problem with access or is it just me.

"36.54 (rounded up ) if mid-price 31 Dec = 1.3p and current mid =1.775p"

My money is on Lekka he is absolutely correct, 1.3 + 35% is only 1.755

Ooop's I was wrong, I just can't get to grips with these Russian accents, it's two days not weeks.

I noticed when Artem was asked about the suspension, the interviewer said the shares would be trading again next Monday or Tuesday, but Artem said within the next couple of weeks??

This bit doesn't impress me.

After ten years of research and exploration works on the Chaarat gold field, the Chaarat Zaav CJSC has to proceed directly to its development. In October, special equipment was delivered for construction of a gold mining factory. The company planned to receive the first gold by the end of 2020.

“Unfortunately, in 2020 there will be no gold,” Alexander Novak, the company’s Board chairman said. The obstacle is the ban on the cutting of especially valuable tree species, including junipers. The law on the abolition of this ban was adopted in 2015, but the government’s decree on bringing it into force has not yet been adopted. The company is ready to compensate for damage in the case of cutting down junipers and start construction.

Monday, 3rd December 2018 | 3:48:24 PM
Facebook - Times of Central Asia

Kyrgyzstan: How to make the mining sector investor friendly.

https://www.timesca.com/index.php/news/20560-kyrgyzstan-how-to-make-the-mining-sector-investor-friendly

Amongst shareholders on this site the consensus of opinion seems to be that, you need to watch JP's video at least twice to fully understand what he's actually saying, which is fine for us that are already invested, because we have the need to know about our investment, but investor Joe Bloggs is going to watch it once and come up with a totally different perspective than us.

Ideally if a placing might be required for LCCM because it's bigger/better than expected, then surely you would wait until you actually know it's bigger/better and release both bits of news together, otherwise a "placing" is purely a bit of hypothetical information.

hTTps://www.chaarat.com/wp-content/uploads/2018/11/Chaarat-Investor-Presentation-20-Nov-2018.pdf

Just watched the Proactive interview, that's the most comprehensive amount of information I've ever seen come out of SML, based on that info I think they can sit back and enjoy Tuesday nights get together, I can't personally think of any questions I could ask that they haven't just answered.

I've seen happier looking people at funerals.

Surprised to see this bit, I thought they sacked Mr Fietz last Monday.

NAE Managing Director Gary Fietz commented: “These results continue to indicate the presence of high grades
below the established resource, and show the potential of Redmoor to deliver a larger, higher-grade resource. We
look forward to working towards a significant resource update in Q1 2019.”

Strange how it asterisked out the word beginning with V on my post, and yet on dealsBoy's it left it in, anyhow I'm sure you can work out how to get the info now.

Hi, Just Google this bit: #SML @********** and it will be the first item on the page.

Can you imagine being trapped in a room full of people who you have just plied with booze, then have to spend the night justifying what you have done and what you are going to be doing. The main concern to me and no doubt a lot of other investors is Cobre, hence they won't want to spend all night fending off peoples concerns, so I think we will get some sort of news about Cobre before Tuesday.

I can't believe after all my years of trading shares, there are still people who actually think what we write on these BB makes a difference, anyone who still thinks ramping or de-ramping can actually move a share price is living in cuckoo land.

People on here get slagged off by LTH's for actually trading shares, what would be the point in having a stock market if everyone just bought shares and stuck them in a drawer, another thing is, there is always two sides to every story, so just because someone posts what some people might think is a negative post, it doesn't mean they are wrong, it usually means they have dared to ask the question "What if".

A quote from a discussion I had with John Peters after the Cobre RNS debacle.

" I am the caretaker of your money and as such, you are entitled to query anything we say and do"

The worst purchase anyone can make is buying a pair of rose tinted glasses.

Demand for copper will surge over the next five years thanks to China’s huge global lending programme, according to the world’s biggest miner. BHP Billiton has estimated that China’s "belt and road initiative" will generate spending of around $1.3 trillion (£1 trillion) on infrastructure projects by 2023, driving an additional 1.6m tonnes of copper demand. This is equivalent to adding another 7pc to global demand. - Telegraph

Seeing as today's single 1 share trade was after the RNS appeared, does that mean we are due another RNS tomorrow morning, going on past coincidences it would appear we just might get another one tomorrow.