Member Info for NIGHTH4WK

I guess doom sayers really got it wrong on this one. Everything seems to be on track and executed on time lately. Looks like CGNR has just started its journey. Well done so far to the board and Co.

16.5 offered...looks like a leak

Welcome MalcolmJ & _Syndon_
Good to share the knowledge.

https://www.kitco.com/commentaries/2015-06-03/The-Real-Value-of-Gold-in-the-Ground.html
The above should prove to those who have no idea how to value gold in the ground....

Small debt:
www.tradingview.com/symbols/LSE-CGNR/financials/balance-sheet/total-debt/
To note thought this is to 2020.
Company is not insolvent as false claims here.

Buy when there is blood in the streets....

Should be on LSE leader board.
Try this for a live time leader board, shows much better than lse leader board:
https://uk.investing.com/equities/top-stock-gainers

Brilliant news. First the Bears here said no JV, it happened! Then the Bears said will take long time if at all to get licenses transferred, It Happened! Now the naysayers are saying no drilling.....................guess what It will happen!!
You see a trend of change by the Prof now. Has pulled his socks up in the last year.
DYOR
Shares can go down as well as up (though CGNR looks like its undervalued)

0.80/0.83 up 55% now

0.75/0.8...what a rise 50% today

Live prices leaderboard
https://uk.investing.com/equities/top-stock-gainers

Why not showing on leaders board when is biggest mover?
This website suks big time....only shows certain stocks on leader board... so misleading

Simple maths is value the company at what price the deal is done, end off = Historic valuation.
Advanced maths is value the company on a prospective basis in which case the valuation for CGNR on a prospective basis is multiples of what it is now. Prospective definition speaks for itself and comes with risk.
He who dares wins.

I am buyer on that prospective valuation of CGNR.

Thanks for that DeathStranding. So your valuation of 12.5m is not a prospective valuation (i.e not including the gold resources you mentioned in your last message here) but a historic valuation done on the last deal with Demir. Got it.
Cheers

Deathstranding. So only Clontibret licenses are mentioned in the JV. So the current valuation while the gold is in the ground of the company is 12.5 on that alone. None of the Northern Ireland licenses are mentioned and the gold has not been taken out of the ground yet.....Understood. How much is the actual proven gold JORC so far at Clontibret?

DS, how do you get that 12.5m Valuation?

This website better to see live top leaders in price change:
https://uk.investing.com/equities/top-stock-gainers
Www.lse.co.uk does not show all the stocks when they rise so top leaders board on LSE.co.uk is misleading.

Only £2m Market Cap, Serious?? If the drill is positive...wow.

To all those worried about any rumours about the company needing funding. Read the deal with Demir and look at the companies balance sheet and burn rate. They have enough money to do all their operations and drill for at least a year and during this year will get more money from Demir...Money is no longer an issue for CGNR.
Shares can go up as well as down.