Member Info for ICB888

I made my comment because the company had said they would put the presentation on the website later in the day. I assumed the presentation would include the Q&A, but unfortunately it didn’t so only the people who attended in person had the benefit of the Q&A session. The information about the Q&A is slowly being released onto this bb by people who were there such as Surety’s post yesterday, which I have commented on as there is a lot of activity and progress regarding the Gas Sales Agreement and a queue for a Farm Out.
So the only disappointment for me was not publishing the Q&A but as this information becomes know and the next RNS lands it will prove to have been the catalyst. We may well start to see its effects next week.

If you don’t believe in CHAR just sell up and move on. It is UP 209% in the last year which isn’t jam tomorrow in my world.

Thank you Surety for report from the AGM and Q&A.
It sounds as if the Board are very active with the gas sales agreement being negotiated intensively and a queue forming for the far out. Kingbilly says a little patience is required but I suspect not a lot. It appears news could drop any day on the gas sales and that would be followed closely with that level of interest by the farm out. Both those events should have a positive effect on the sp. As you point out the Board are expecting a much higher sp by FID. If at FID they decided to raise further funds it would be at a much higher level than today so no issue for shareholders and it may not be necessary.
A very exciting time for shareholders of CHAR and essentially no value is being attached to the Renewables pillar or the Green Hydrogen pillar both of which have the potential to be £ billion businesses in their own right just like the Moroccan Gas Business.

It would be good to move higher at the beginning of next week before the BFS is released. If we look at March when we were expecting the BFS by the end of March CNR was at 33p for a few days. We are now going to get a much more detailed BFS as a result of the extra work done in the last six months at some expense. We should be able to raise more money, more cheaply as a result, which justifies the extra time and money. We should therefore be able to reach at least 33p and arguable ly higher in anticipation of the BFS. I agree with you that the 50’s should soon follow after the BFS.

The buying kicked in and CNR now Up 5.1% at 25.75 on volume of 150000. 5 trades at full offer so could move higher soon.

Lift off up 27%

Back to the days high Up 20.8% at 6.40 as the volume passes 2 million. In fact at this level we are higher than we were at the start of March.

I think that no one is selling and why would they at this low price just before the BFS is released. If they want to enable people to buy in any volume they will have to move the price higher to encourage sellers. Will they do that this afternoon or will we have to wait until next week. It would be good if the sp was in the 30’s before the BFS is released.

GCM has just triggered an Upwards 6 month price breakout having triggered a weekly and quarterly one yesterday.
This is looking good now Up 20.8% at 6.4p as volume rises to 1.3 million.

Now Up 16% at 6.15p as volume exceeds 1 million.

The BFS is going to be released next week so he may think the best optics are to release it from the mine site in Nicaragua.
If he were to announce a bid at the same time that would make it an exciting week.

Slow start just 4 trades but all buys the last 2 at 25p. Gold is moving up and so is the market. Let’s see if Condor can end the week with a rise.

I am sure you are right Bangla or at least not until the sp was well over £1.

I was hoping they were going to put a recording of the Q&A on the website. Does anyone know if it was recorded?

We did see volume of 17.7 million on the 28th July so let’s see if we get that sort of volume in the coming days. It shows a lot of investors are watching and waiting for this to move on news.

They said they would put the presentation on the website but it’s not there yet but the new corporate video has now appeared.

Up 19.5% now at 5.4 but 5.52 has just been paid and 5.7 on AQSE. The volume is not particularly high at 662000.

Now 16.1% at 5.25 on volume of 460000.

Here we go Up 12.8% at 5.10 clearly going higher

I am looking forward to this mornings presentation with its detailed look at Anchois. I hope it will be a catalyst to get the sp back above 20p and moving towards its previous highs. It is a little disappointing that they are not providing a direct link to the presentation and we will have to wait until later today for the recording to appear on the website. But hopefully someone at the meeting will post some highlights.