Member Info for pablo2

Well that is definite, in the RNS, and may well happen this year but much more funds needed next 2 years to move this forwards. Always the chance of t/o though. Maybe 'Banksie' will have some insight into the Board comings and goings?

Yes Oli we've had to decide that is the only way forward but getting Martin Andersson fully committed surely will make this work. Seems a long way of 2019 production and a lot can happen between now and then (takeover?) but there IS a plan, perhaps a cunning plan. Loads to digest in today's RNS and reckon we could eventually see something for our investment. Whether many people buy in to this fairly long-term plan (3 years) yet is a bit doubtful though. IMO we'll be hunkering down for winter at this price level for the next 8 months unfortunately. But, we can have more confidence that something is brewing.

There's not a lot to say but we really are getting to a difficult situation where something has to give. All we can do is wait though - people have mentioned they've seen 'buying on the dips' but to me there's very little evidence of anything happening - certainly no idea if anything is happening in Kyrgyzstan - except of course winter is approaching.

http://www.proactiveinvestors.co.uk/companies/news/131225/berkeley-group-bows-out-of-ftse-100-131225.html

Thanks for posting the imminent upgrading of POLY to the FTSE 100 - been difficult to find any announcements on this. If that has the desired effect on POLY sp our 1.405m shares should prosper. Could someone fill me in about our company : We're pursuing litigation against Taymura; we have a Siberian gold prospecting license up for sale; we have another gold interest(?); we have POLY shares. We're searching for something to invest in(?). So are we likely to stay listed as it doesn't seem we have any business (and haven't for some time) ? Is there a current timescale when we might de-list and simply pay-off existing shareholders and shut up shop?

Interesting theories. You now have all these in bed together : Labro, UBS, Ruffer and Mellon for their current holding of circa 35%. No proof of that 'concert party' existing or any rumour I have found. Linda always plays her cards close to her chest and was no more curt than usual, in fact quite friendly opening with 'Good to hear from you and I hope you are enjoying the summer and the Olympics.' Think Labro's average is between 11p and 15p and probably above 13p. They are prevented from making furhter purchases of shares now UNLESS they are going for the big one. When they put their last $5m in in Dec '14 Chaarat stated : "The Board of Directors has exercised its discretion under the Company's Articles of Association so as not to require a mandatory offer to be made in connection with the Transaction by the Fasanara Fund or any person acting in concert with it in respect of either the issue and allotment of the Placing Shares, the grant of the Placing Warrants or, in due course, the issuance of Ordinary Shares upon exercise of the Placing Warrants, but not in respect of any other purchase of Ordinary Shares or any interest therein by the Fasanara Fund or any person acting in concert with it." So any more purchasing = Manadatory offer. I think at this stage we'd all probably prefer that to happen. Banksie - you say "So CGH is currently a one way bet. There could be scary moments but the value is baked-in. Tell your friends to spread the word." So you reckon we should be spreading this rumour of a takeover being hatched. I might not have much of a reputation to maintain but I do have some principles, so don't think I'll be going there at this moment in time.

to FTSE 100 - I believe this is likely but has yet to be announced? Think the FTSE changeovers happen in September

bit of profit taking on the ASX today it seems with sp down 16% to A$0.02. Still excellent news this sale for STGR and should be a few RNS's in the coming months to keep things interesting.

There are a lot of disgruntled old-timers on here. There must be many, many more fed up shareholders out beyond this BB. Which explains why I can't have my pound of flesh too easily. Still reckon the deal with BASS is a good money spinner for Stratmin and the sp will re-rate when there aren't as many plssed off with it.

Still very little upward movement today - too many dissatisfied LTH's is the only explanation I can come up with, or perhaps STH's taking their 20% or so as it's been a lower sp than this since May.

BASS closed Up 60% 75m BASS shares (part of immediate deal) not now worth A$750k but worth £1m. So in Aug will receive these shares + £872k in cash I'm Tweeting madly.

http://www.proactiveinvestors.co.uk/companies/news/129509/stratmin-rallies-as-mauritius-asset-sale-approaches-completion-129509.html?utm_source=Sign-Up.to&utm_medium=email&utm_campaign=7163-355924-Proactivity+-+19%2F08%2F2016 Bit of coverage for us. Thanks Jimbob for thoughts. Certainly would have thought on today's announcement and BASS sp movement we'd have fared even better than +25%. Sounds a lot but often the advertised spread is more than that ! (e.g. 1.5 - 2.0 often seen is 28%). Good BASS mtg and announcement and BASS sp going up should see another 25% Monday IMO.

Is there a lot of Selling by people(LTH's) fed up with this share and taking this opportunity to exit? I mean all the news looks fantastic on here and the BASS deal looks like a cash cow for the future. But the graph of the last few years must have left a lot of disgruntled holders ?

She got back to me about Ruffer with no worried implications : Ruffer is a long time holder of Chaarat shares and they recently bought some more shares which tipped them over the 3% threshold. It is not Chaarat’s responsibility to make notifications of changes in percentage holdings (other than to update the shareholder list as I have done in accordance with AIM Rule 26). Thank you again for supporting Chaarat. Kind regards Linda Naylor Finance Director ------------------------- Banksie - you always seem to add 2 & 2 together and get more than 4 - lol. Whether you are right about hostile stake building I do not know. You must have done a lot of work to establish an accurate figure for Labro's average. Of their 68m shares they bought a lot @ 15p in Dec '14 - "Chaarat (AIM:CGH) is pleased to announce that it has raised USD 5 million through the issue of 21,367,521 new ordinary shares (the "Ordinary Shares") of USD 0.01 each in the capital of the Company (the "Placing Shares") at a price of GBP 0.15 (USD 0.234) per share (the "Placing Price") to Fasanara Capital Credit Strategies Fund (the "Fasanara Fund")." At the time they were issued with 3-year warrants to subscribe for a further 21m shares if they exercise @ 15p. During 2014 they accumulated a lot but don't think they purchased many below 10p. Therefore your average of 11p looks way too low. I don't think many long-termers on here would be that disappointed with 20p either at this stage.

S'pose you've just answered that with your 'cash equivalents' - thanks

When you say 'cash value' are you including the value of POLY shares or excluding ? (I'm new here)

a grand's worth - not a lot, but this looks like it could be motoring

AGM & EGM - looks like the EGM was just housekeeping and looking at the AGM agenda I can find nothing there either re.Directors buy back. Please enlighten as this stock looks interesting. http://www.ovocagold.com/upload/notice_of_agm_2015.pdf

Well spotted Bruce ! At least something has happened on Chaarat with the arrival of Ruffer. Never heard of them and surprised they have not issued a Holdings RNS. Have asked Linda her thoughts and if things are progressing behind the scenes.

We're down here more than they are. Terrible RNS quoting 'market conditions' - what's that a catch-all for anything but we're not saying? Will be all right in the slightly longer term, but it doesn't say how long, defer means "put off (an action or event) to a later time; postpone."