Member Info for Seingred

They will not pull the bb.oxus delisted 3 years ago and are under administrators and their board is still working.why would they keep info for a de listed company.

Mrm.I think you forgot to mention ascot there lol.imagine how long he would last as chelsea manager.It is amazing how this milking machine has managed to continue to suck in cash.you would think that the track record would put anyone off.ab cannot really claim the glory for jms but can carry the can for selling a large percentage of rrr holding at circa 7 cents to bail out his crap investments.

Bj,I would guess without toll agreement next raise 3 rd quarter but lets see on the deal.mc not prone to over hyping .

Munch.I think that is the primary reason for the 3 month term for toll agreement.the2 year is another possibility I think .Both would be a great result.

Explain why the judge gave hope extra time to submit a defence to the damages charge if it was all cut and dried.we see the result of hope applying to have the original injunction discharged.the judge agreed but re applied it to run to the next hearing which is the damages claim.I imagine that the judge had used the earlier submitted evidence.for the later submitted damages claim I imagine there is further evidence to consider.The stay could be for a few reasons I would imagine but from the Dec 18 hearing we see that the judge is pushing for a commercial decision.There have been two hearings since,one in relation to the stay.something is going on so we just have to wait and see.gla

Yes turkey,I had groundhog day on 24 th.another company short on transparent news.oxs,shead never heard of again .aim is not for the longterm holder.I was seeing the warning signs ,just didn't act quick enough both times.most said that case was a shoe in.not too long to find out with this one hopefully.oxs is also a warning on arbitration.Takes years and no guarantees .
Sure thing doesnt exist on aim ,it is a dilution factory and a spike is almost always best sold into.just gonna check my cryptos lol.

From ostracising yj.they at least are staying connected with us.If they have no news to relay we wait.Nobody will be happy if they go silent like the company.Just gotta wait .we will learn our fate eventually.

Yep,2010/11 was the time to sell out here lol.I bought in 2010 at .90 and rode up to 10 p in months.All downhill since then lol.you in nz right?more profitable getting your pan out in the arrow river lol.

There have been two notifications ,one for each 500k sell.time will tell if they have finished.
It would be good if b2 decided a 10 percent stake is just too cheap to turn down.couple of mill and they gonna get that from condor anyways.

C f It says date threshold broken feb 8th.another 500k sold.More to come imo.sp not rising currently.
My take is the compliance visit wasnt the rip roaring success some painted it.The pc wasnt carried out in a fair and transparent manner.not cnr fault,organised at short notice by the nica gvnt during the worst gvnt crackdown .The massed heavily armed police and security are there for all to see irrespective of the card waving .Ifc will also come under pressure from the nica act I would imagine.It is the nica gvnt that ifc will have a problem with not cnr I would imagine.One of their criteria is human rights and contrary to telesur sputnik and some posters here ,there have been grave human rights comitted by police and paramilitaries.last time I looked the sum of us petitioning the ifc stod at around 12,000 signatures.
The good news is the buying situation should last a bit longer.

B2 have a 12 per cent holding in calibre mining in Nicaragua.Lucas Lundin also has a good holding .A friend of Ross Beaty and a name I wondered if we might see here in cnr at some point.I see no reason that they may not consider 10 per cent.cheap enough.time will tell.
I have viewed hum and aaz as reasonable comparisons to cnr .hum are hoping for 115-125 koz production this year.They also have another project developing.aaz producing 80k oz plus some copper this year.m cap hum £80 m
Aaz £93 m.They both have scope for increases.I can also see multiples if in production for cnr
Nicaraguas economy will worsen in 2019 so I think that the tax situation may be re visited.I expect the nil vat to be adressed at some point which would put construction costs up.As mark states in interviews Nicaragua has a pretty benevolent tax regime for overseas investors compared to many jurisdictions in africa so not the end of the world but will affect the economics somewhat.
I think we will fit in with b2 in respect to the toll mining and depending on their mine situation we may have 2 years but not necesarily at the same mill.just a guess.

Slim,I think the toll agreement is likely to happen,firstly for 3 months,then if all is well the full 2 year may well follow.the 3 months proves the economics.which is a pretty good thing for cnr.I just dont agree with over optimistic posts that b2 are falling over themselves or that we will get $400 oz .but it is a good move in the short term and with a bfs to fund a cash generator rather than more expensive dilutions has to be good imo.unless we suddenly have a re rate.remember cnr were raising cash at £1.60 now 24 p .That is painful.

Wg,I dont think there is any call to talk to cambells in that manner .he has posted a lot of very informed posts over time .behave!

Cambells,concur,this is chicken feed to b2 ,and I fail to see mc in the driving seat in this scenario,but could still be very positive.the 3month period is for proof of concept and I suspect aimed towards either a sale or for economics in the long game.He mentions possible extra period up to 2 years as an extra scenario.It can only be good imo for starters imagine the dilution needed for bfs at these prices.You are correct though ,the mine build should start in a year.A lot to get done in that year.we are not a big miner,we are a one trick pony .any help to keep costs down is wise at present.you may be right about b2 not being interested ,personally I see no reason why they wouldnt be interested in at least a stake if the toll mining arrangement proves up good economics.time will tell.

To oxus gold.they lost an arbitration case just before christmas and suspended days before christmas 3 years ago.There is an appeal sceduled for this year.
Uzbek appropriated their gold asset .arbitration went on for years.most on that board believed oxs couldnt lose.Been prepared for a wipeout since 24th,anything positive is a bonus.happy to be wrong.

Itis finger in the air as you say. If we add say $100 dollarsoz for transport (complete finger in the air guess also)that gives $800 total costs using our aisc forcast.which leaves $500 profit to be split.I cannot see b2 doing all that for about $100 oz but could be wrong.Doesn't matter who does the crushing milling etc it is still a cost.And we know b2 aisc are much higher,obviously because of ore grade but cnr aisc are working out on more modern plant one assumes so b2 operating costs maybe higher than in a brand new mine.does anybody have any examples of similar toll ?arrangements?

Yes.there is a deal to be had for sure.just depends on the offer.the initial three months are for proof of concept.cnr send high grade ore,b2 are evaluating the commerciality.one scenario.would make perfect sense to me if the economics work out well that b2 could consider something more than toll deal.just speculation but mc has a multi faceted strategy and that has to be one .

Prodg,mapp says anger is an energy.but can you tap it.

3 months proves if our aisc are credible.
I would imagine adding transport costs to our aisc should leave a figure to be split by cnr and b2 at whatever the agreed ratio.Not sure I am seeing how $400 p oz is arrived at .that means $ 900 poz for production ,transport and b2 profit.so if b2 have 400 profit too that leaves 500 for production and transport.that is way under our projected aisc with transport costs on top.sounds unlikely to me.I suspect $200-250 profit per oz ,but prefer the $400 scenario.maybe I am missing something?

My take from the interview is,it is 4 g/t ore delivered and sold to the toll miner as ore.3 months are proof of concept.beyond that he mentions10,20or30k oz possible production at whatever mills have spare capacity.It is quite possible that no one mine will have the capacity for 2 years.He also mentions they are in negotiations
He is stating a multi approach ,still with one eye on a deal perhaps.