Member Info for IMADabbler13

I've just sent them an updated version of the plea-for-an-update note which went unanswered back in March.

Simon, I'm very interested to see the exchange you've been having. derekm7@gmail.com, Cheers Derek

Thanks Winston/Eddy. Mine are in a Halifax Share-dealing ISA and I can confirm that it is still showing as a line item in my holdings. "Cost per share" and "total book cost" stated but "Price", "Valuation" and "P&L" all blanks. If, and I appreciate this is a MASSIVE IF, CRND was relisted there would be tax implications if the shares had been removed from the 'shelter' of the ISA so I think I'll sit tight and see what unfolds.

LOL. Yes, I know, hence the use of parentheses! The point being that right now I have no evidence that I hold shares in Central Rand Gold. I'm just wondering if that is something I need to do something about!? Do you know the answer to that question MBachaan?!

Gibbo, as the man who seems to have the most knowledge of such matters on this board.....and ref Eddy09's post earlier in the week.....for those of us who held our CRND shares in a Sharedealing ISA or similar, what do we put in the "bottom drawer" exactly? Do we need to make some request to secure physical share certificates to evidence our holding or will our shares simply reappear if the company relists in future? I'm in uncharted waters on this one! Cheers Derek

It seems to work just fine....good backup to have if we lose this lse.co.uk one. Thanks

Apologies, Winston, I had missed the post where you called this out already. Nothing surprises us any more with this crowd of crooks though. They are just making it up as they go along. They are masters of "Alternative Facts"!!

Apologies.....Ignore the erroneous first line of that last post with the 1,371,000,000 which I got off the II website!! Shares in issue of CRND are 240,000,000

Company total shares in issue is 1,371,000,000 Yesterday's RNS states disapplication of pre-emption rights passed as follows: For 39,150,272 (97.06%) Against 1,185,166 (2.94%) Abstained - - That's accounts for only 40m out of a total of 240million shares. 1 sixth!!! Was my 1M the only significant vote against?! I smell (yet another) rat.

Surely you can just download the form from the company's website, fill it out to reflect your holding of x shares and send it to UK or SA address given? In fact the form notes say you can email it to crg@terbium.global Why are some of you being charged for this? Am I missing something? In our spirit of openness, I am voting to receive the accounts, abstaining on the appointments and director remuneration and voting against the "Extraordinary" resolution. Fair?

It's a "No" from me.

I am holding 1M shares @ 2.7p.

Happy to join the 'PI collective' Gibbo. Just say the word.

From CityChap2011 on the Interactive Investor site yesterday evening: Not only have Central Rand Gold shareholders seen their investment half due to the Board of Directors signing up to the Bergen death-spiral finance agreement. Where Bergen forward sold millions of shares flooding the market and driving the share price down from 2.5p to 0.45p. They completely duped the BoD because they never intended to take up any warrants at circa 3p. This part of the agreement was a complete red herring making the BoD think it was a good deal and that the share price would rise and the warrants would be exercised. Now the Board of Directors has appointed Peter House Corporate Finance Limited, the broker from hell. Check out Nyota Minerals LTD (NYO) to see just what a nice supportive broker Peter House is and what has become of Nyota Minerals another struggling miner with virtually no cash. Peter House offered to fund Nyota, which would have meant massive dilution for shareholders, but then never delivered the funds and may have allegedly shorted Nyota's shares in the process further driving down the share price. Nyota's Nomad resigned. Peter House wouldn't fund Nyota unless they found a new Nomad. They couldn't and Nyota has now had its shares cancelled on AIM with little to no chance now of raising any funds to continue. Shareholders were completely screwed over by their Directors, Peter House, their NomAd, Beaumont Cornish Lt, and AIM. Nyota found a replacement NomAd but AIM wouldn't permit them. Nyota is now insolvent. Game over. Don't be surprised to see Peter House offer £500K for millions of shares at 0.05 p, delay funds which then never arrive and CRND will go bust. Does nobody on the Central Rand Gold Board of Directors have any idea what terrible financial decisions they are making? How can Chairman, Simon Charles, allow these inexcusable mistakes to be made?

What a joke. So much time to think about what they could say and they put this Mickey Mouse crap out. Containers will arrive tomorrow!! Why put out the RNS today then? Why not defer it 24hrs until they can say the kit has actually made it to the mine? That would at least be some good news. My optimism of recent weeks has now well and truly vanished.

Isn't the most likely explanation that some numpty can't use Excel properly!? I should have saved a previous version of this to do a proper comparison but it looks like a copy & paste error. The format doesn't look consistent with what's been available there previously. They were recording/showing levels below surface in two separate areas of the basin not one, weren't they?

I wasn't fishing for details of how many shares and at what price but more asking a basic strategy question. "Should we have limit sells in play like I currently do (each man to his own on target price) or do we just see how the SP moves if/when relisting happens?" My assumption is that there is no obligation for Chairman Simon to give days' notice in an RNS advising on readmission. It could be a 7am RNS for an 8am trading start potentially, or does anyone know different? I say this because last time there was a very brief multi-bag spike, where from memory (about 4 or 5 years ago, I think) the price leapt from something like 5p to 35p and back again in the space of next-to-no-time (minutes) and I had no 'limit sell' order(s) in place, so missed the opportunity to at least cash in some of my investment at a decent high.

In fact HiggyP, some ISAs just charge a flat annual fee of £10 - £20 (my Halifax one is £12.50/annum)....and make their main money out of charges on your share purchases/sales. With mine that's £12.50 for anything ad-hoc and £10.50 for a "TradePlan" (aka an advance order). When, like me, you're generally trading in the £100s rather than £1,000s that's quite a significant %age.....but some providers, like HL, charge up to .45 or .5% per annum which could be quite a hit if you have a windfall. Pays to shop around, I guess?

Entirely tax free HiggyP but remember your ISA provider will want their 0.5%, or whatever the rate is they charge for an annual cut of your average balance during the financial year,.....so don't take it out and spend it all! ;-)

That would unfortunately constitute the "cute deal" that chairman Simon assured Gibbo wouldn't happen on his watch....but I think we have all been around this one long enough to share your cynicism. I have a feeling that we'll be waiting a couple of weeks yet though to be put us out of our misery. Will be the longest September on record!! Has anyone got their holding sitting on a couple of outrageously optimistic "Limit Sells" like me or are you all going to play it by ear should we be relisted?