Member Info for Punter64

When Jim recently stated that he is going to buy even more of these because of CNR's potential to multi-bag , what target does he have in mind? How many times will this multi-bag?!!!! Answers on a postcard...

Looking good here. Still a long way to go IMO

Great to hear Jim Mellon stating that he will probably put more money into CNR as he thinks it is a multi-bagger. Take the hint peeps. £2 target at least IMO.

If so it will come after several RNSs IMO. MC will want to get the sp up first. Interesting days ahead.

The ducks are forming an orderly line...............

Yes, looking good here again. We just need that news to drop and Boooooooooooooooooooooooooooooooooooooooooom!

Just added £5k at 45.95 - I hope book5 is on the ball. This should fly if he is,

Agreed! Thank God I bailed out of here some time ago. Dan has to take responsibility for how the sp has performed .

A good update today with the BOD confident of growing profits. Good time to be tucking some of these away whilst they are cheap

You have to be firstcnr in disguise!

Another shocker! HUM never fails to disappoint.

Errr, wasn't he supposed to be a strong pair of hands?

MC's original plan was always to complete a BFS and sell. Back then he hoped to have a 200k oz pa project. The potential for that remains with further drilling.

AF, how do you work that out (re toll mining)?

ODL, if that is the case they should have worded it better. They wrote 'we believe the acquisition and development' of Kouroussa can be funded from internal cash flow - wrong!!

I suggest you point that out to cannaccord, haha

Oh dear! Canaccord announce they think the acquisition of Kouroussa can be 'funded entirely through internal cash flow'. What do we get today but an RNS that states the initial purchase will be funded by a massive 9% share dilution - 35 million shares at 28.4p. You couldn't make it up. Once those shares hit the market the sp is going to sink. Nice one DB! Surely all the cash from production could have funded that and then most of the build via a bank loan? WTF

Gold pushing back up too now just to add gloss to the excellent RNS

· Pre-tax profit of US$23.7 million for the Period (H1 2019: loss of US$5.8 million)

· Cash of US$6 million and net debt of US$20 million having paid down debt and interest of approximately US$16 million during the Period

· 4,000 oz gold inventory on hand at 30 June 2020 worth approximately US$8 million, which if included in the net-debt calculation as per above, reduces net debt to approximately US$12 million (versus US$20 million)

Good RNS