Calibre use Cnr in their valuation per ounce.they are on $5 .their diagram gives average as $15 but also give $34 as peer group average which is about 4 X current value for cnr.obviously dilution could change that scenario somewhat.
B2 hold 12 per cent of Calibre.currently have a m cap of £13.4 m
More patience needed.we are at the business end of this journey.we will soon know.For me it has made total,sense for b2 to do some form of deal .sooner we have some confirmation the better.fingers crossed.
Munch,you swing by the day.a month ago you were predicting mine permits would be delivered in a week.your own prediction.we will be sold etc.Cnr sp will not move until finance of the mine build is released ,and then it depends on the makeup of the financing.personally I will wait to see what happens regarding the toll deal and any allied news.It is obviously frustrating sitting at this sp awaiting news and bearing in mind the granting of permits last year made no real difference.I am interested to see the outcome with b2.There will be an element of equity as stated by mc so the toll deal is very important to help lift the sp before a cash raise towards the end of the year. You have been invested a relatively short time unlike most here,and not severely under water,maybe it is adviseable to take a hit on some or all of your holding and try and make some quicker cash elsewhere.
Still clawing it back for some of us. I dont have access to the court docs but always read that the cayman injunction was from hearing to hearing whereas it was claimed it was in place until appeal.What happened to the appeal?
A bit late but already up 30 per cent.if frr comes good all well and good but for me writing it off is the best course of action and re coup elsewhere.If I get a nice surprise all the better.In the same drawer as oxs.
Rr.witholding price sensitive information is against aim rules.if frr witheld it from the nomad why would any other nomad touch frr ,suspended,with a potentially fatal court case hanging over it and round one against? ! Do you believe frr do not know why the nomad resigned?
Blundergoals,I am not negative .I was robbed of ramper of the year by someone who was whinning like a baby about pr this time last year and criticising mc.I have loaded up between 18and 30p and await news.aim is littered with posters who listened too much to blue sky and ignored the risks.I caution to be aware of the risks. 35-40p is where I hope to sell 40-60 per cent and have a free carry.I wont be selling out because if we get to 40p things will obviously have gone well.obviously I could be mistaken and lose the lot (doubtful). You show the classic symptoms of someone over invested in one share.It is not wise.myself and awax have quite possibly lost our stake in frr.I accept that as it was a punt and an acceptable sum .I am shocked by the ammount of people that have invested their whole life savings in one risky aim company.Nobody wants to hear the risks until it is too late. you have been a very agressive poster to anyone who doesnt post what you want to hear.doesn't make for a better board or investment! Just out of interest from what I posted yesterday what particular figure plucked out of thin air do you object to? The thing that will help us all here is disclosure of a toll deal and disclosure of the financing of the mine in 9 months time.that is the crux of it all.Disclosure of these things before a cash raise and everythings good.
I am hopeful on toll deal but not sure we will have revenue before needing cash.no news thus far on bfs.mine finance needs sorting out and sp will suffer until it is disclosed unfortunately.Further opportunity for average lowering presently .the further we go into the year without a declared plan the more pressure is likely on the sp. up to £20m is now allocated for raising up from £10 m previously.There is potential for a heavy dilution yet,depending on other options.£10 m raise at 20p would be 50 million new shares .the full $£20m would be 100 million shares. Obviously hopefully the share price will be much higher and such a heavy dilution will not be needed but it is possible. Lets see what b2 have to say!
Well ,there is no mention of an appeal yet.surely that was on the cards as that was the premise of the injunction being re applied.Kawaley mentions appeal .I guess if kawaley is on holiday that explains nothing being listed presently. settlement a way off.Either Hope gets his way or we will still be debating at christmas imo.
That's what we want and then successful toll production.The market needs to hear how this $130 mine will be paid for.one thing I wonder is will a toll deal count as the start of mine build from the gvnt angle,because there is only 9 months to go! I do not see a substantial re rate until succesful production is a year in,so most likely 4 years time.personally I am looking as far as 40 p with toll deal up and running and de risk .looks like there is time to accumulate more sub 20 p.looking for a very low 20s average now.Cnr just waiting for some good news now,here's hoping its on its way.
Rainbow,Geez,good prevails.you just been banging on about the state of the world Now good prevailing is a f,,,,,n fraccin company that misled its investors about re payments.stick me on your list fool!