We would love to hear your thoughts about our site and services, please take our survey here.
So after watching this share for a while, I decided 29p was a great price to buy in, so I've decided if anyone wants some shorting tips, just let me know and I will tell you when I am buying a share and then you can make some good money shorting it. There is no end to my talent of bring share prices down :-)
the shares and cash disappeared from my HL account today!
Cradle Arc emails no longer work....... oh well
my opinion is that Fujax were making good money from the off-take and currently stand to lose all existing loans made if a solution isn't found. I don't believe they are that big they can afford to walk away so perhaps this will stir them to work on the business plan for Leboam which has to be presented in Feb. Like everyone else, I am reading between the lines and guessing.
Fujax pulled the drawdown but still have circa 8 million of debt with Leboam, CRA is owed circa 12 million from Leboam and still owns 60% plus the extra under the last raise by Kevin, so it is still in Fujax interests to sort this out as I dont believe they can afford to lose all of this. Putting CRA into admin whilst this is going on makes sense as any debts or interest payments go on hold. Dont get me wrong it's hanging by a thread and the board have passed over control to the Administrators, who now will also want to get paid.
I believe finance will be sorted, my concern is at what price, if they are using share issue then institutions will be looking at investing at around 30% below the Bid price, collapsing the price further!
I bought some of these at 420 and already these are the best performing shares in my small portfolio. I see Stifel have a target price of 1200 which they hit 12 months ago when they were making a loss, so very achievable.
Yes it would be good to see copper trading over 7,000 again currently at circa 6,300 today.
It should be a thing of the past as they have had the funds to complete repairs etc.
I was in Zurich yesterday meeting someone on another matter who was attending the 2018 Precious & Battery Metals Summit, at the Hyatt, he invited me in to listen to one the speakers and what caught my interest was how bullish the speaker was on copper and what he felt the increase in demand was going to be. I didn't hear more than 20 mins as I had to leave for my flight, which then got cancelled! This post isn't directly relevant to CRA but it did give me confidence in the price of copper, which can only be good.
Thats my thoughts Helu, the repairs were still taking place in October so I believe he is looking to have a good November and release October and Novembers together.
Nice rise in the price of copper today so far.
Haha hello Gaz, I yet again bought £1200 at .95, I don't even want to think what I need to just break even.......... I just looked in the mirror to check if I had mug written on my forehead but its ok I didn't it said gum!
Its been pointed out before by others, but I have been invested in this company for many years at various levels, when this consolidated and relisted at 10p in my view it was undervalued then with the resource they estimated, that resource has gone up since as has the lifetime of the mine. We should forget the 3p, 5p ranges this has the potential to be 20p + over the next 12 months, combine that with the trade wars and the new arms war that is going to hit the markets, the price of metals will naturally rise as people look for safe havens. The price has been hit with the short term production problems and large sellers, this will come to an end. Again this is just my opinion, but I will continue to get as many as I can at this level.
Ive just paid 1.68 on my top up
This current price is very disappointing, not through any skill or knowledge I sold half my holding here at circa 6p which at the time I wondered if it was the right thing to do, but I little bird told me that AST were close to a potential take over so I wanted to put some in there. As it turns out selling worked out well with yesterday's drop. I still believe in CRA and I will top back up over the coming days to what I had prior to the drop. As Geo mentioned, the new Directors here are strong and do give me confidence and I strongly believe that this share price is not representative of the current business. But no one can predict the AIM market, well I can't anyway and have quite a bit of experience. All LTH keep believing and good luck to us all.