Member Info for Winston270

If they stall further to ensure CRND is delisted, will they be bound by even fewer regulatory controls?

Surprise! No more news than were already knew.... Definitely building in the background for a 'cute deal' for someone else to take control of CRND's assets, whilst PI's are left with nothing. Again! No mention of Puno court awards, no comment of Water Level Cock up's, still painting a negative picture.....

You just couldn't make this up...... Certainly looks like a TCTA cock-up

Gibbo, At what level below surface are the 32million oz reserves inclusive down to? With all the economic uncertainty & prospect of war in Korea, there's every chance gold will also continue to rise. Maybe closer to $1500/oz. There's definitely something going on in the background due to the lack of response to your emails. The failure to release annual results was also clearly aimed at delay tactic/to keep trading suspended. Let's hope that 'cute deal' doesn't happen, I won't be happy if this turns out to be another Noventa Mining..... Like others have said, I typically avoid AIM companies now.

It doesn't matter how many ounces of reserves CRND have / or their potential value. It's worthless unless it can be extracted at a profit / and the majority still sits under water even with the level falling. The market has always known the size of the reserves, yet prior to suspension, CRND was valued at just £1.08million with circa £10 million debt. Even the 4 Chinese bidders weren't prepared to pay $150 million for the Billions of gold assets 2 years ago. And no other Gold Miner has ever made a takeover approach with a view to adding CRND's reserves to theirs even when it would cost them just £15 - 20 million to take them over.

Gibbo1066, Excellent email! thanks for continuing to fight the corner for us PI's.

swhites - it refers to the existing table where 'unknown' is stated i.e. period 26th - 31st July etc. It's a key: i.e. *unknown = TCTA system down / unable to upload data

Does anyone have an idea of the date the RNS with Interim Report & Production figures may land? Looking at past years, reports have been released on the following dates: 28/09/2016 15/09/2015 15/08/2014 19/08/2013

takeachance1, I agree, on the morning of the 1st MOU announcement, the share price peaked at 42-44p, I seem to remember it closed around 25p ish. The Mkp Cap was around £40-50 Million at the peak. Obviously since then they had issued a load more shares, but additionally CRND is in a better position with Puno resolved, water level much lower & a tolling business which hopefully is profitable if they've been able to repay debt. It's just cash position that the question mark still hangs over....

Totally agree Gibbo1066. Fingers crossed CRND has finally turned a corner & is building a profitable business which can self fund the re-commencement of underground mining. All the years of things going against us, continued shareprice falls, Puno case drawn out, loss of mining license, numerous new equity issues & subsequent dilution, no Chinese takeover etc will hopefully be worth all the years of pain & disappointment.

Of course it does, It's yet another positive in our favour...

Pog is nearing 11 weeks highs at circa $1296/oz

Lets hope there are no further delays in issuing accounts / market update, there aren't many companies that come back from being de-listed. Most end up just being wound up, wonder where CRND's assets would head if that were to happen in this instance.......

TCTA provide the water level data, It's not uncommon for it to sometimes be updated weekly or bi-weekly. Hopefully, it will show another decent fall.

If the waterlevel continues to fall at current rates, we could well see 205-210 MBS before the rainy season really kicks in, this has been a long, long time coming..... hopefully we won't see a repeat of the 2016/7 winter months where the levels rose quickly.

Chartist2, 'While I truly hope for a decent outcome for people here (who got "lured in" during some of the empty share spikes), I think its safe to say that performance wise this been one of the worst AIM stories in this decade!' I don't think anyone can argue with that statement! I just hope that PI's actually get something back on this one, instead of being screwed over as typically happens with AIM companies.

Glib, apologies, Obviously all companies have to issue Final Accounts annually, however, I thought there had been an instance in the past where full year figures weren't issued via RNS, but they appear to flit between issuing then as 'Final Results / Annual Report or Interim Results / Interim Report etc The slippage in the Concentrator Circuit may well have been designed to buy them some further time paying for it until Toll Treatment revenues were back up to full following the strike in May & lost production days

Suspension can't be lifted until they release annual accounts. The latest RNS reads to me as though they're not going to issue them, skipping straight to Interim in Sept?

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=CRND&ArticleCode=ip2wfpb3&ArticleHeadline=Application_Abandonment_and_Operational_Update Winding up order withdrawn and interesting no mention as in previous RNS's of cash position being challenging / funding options being considered etc

https://www.bloomberg.com/news/articles/2017-07-14/south-africa-halts-mining-charter-implementation-chamber-says