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Will they / won't they publish the interim results as announced, including the much awaited processing data.....
here it is in black and white... Operational Update The operations at Central Rand Gold have achieved a steady-state in the past two months, from May 2017, with operations having stabilised. The Company shall announce in September, along with the interim report, specific details of the production figures from January to June 2017. I'd like to see the figures from June 2016 as we can then gauge a whole years worth of production against our fixed costs. 4 days to go assuming nothing released today... I just really hope they dont leave it until after the market closes on Friday.
Gibbo1066, Any figures will be most welcomed... thus we can at least gauge what the processing plant is generating. I'd especially like to see what the loan / equity issue money has been spent on and what debts have been paid down. Plus an update on recovering the Puno Court awards inc legal costs
Agreed Winston, there is a great deal riding on this week.... I'd like to see a profit on my investment, but realise that I may not see all of it back, I am convinced that I will see some of it though, anything over $30m valuation will see a small return. I think we all know that CRND has a value, as to what that is, well that depends on so many factors. I am certain that that value will have risen significantly after the positive news received about PUNO, concentrator unit, staff bonus, water levels etc. I am interested in seeing the salaries / fixed costs breakdown and the reduction of debt you mentioned. Lets hope we get some good luck to go with the good news we have received.
Totally agree Gibbo, from the tit bits of info the BOD have released since the strike, we appear to be surviving without further loans, even if it is hand to mouth, whether the situation changes once the concentrator circuit comes on stream and more revenue is generated quicker remains to be seem. However, I'm growing concerned that BOD are keeping us in the dark and seem determined to keep trading suspended for as long as possible..... I need 1p/share to break even on my recent purchases, however, I need 7.5p/share to break even on my original purchases, that includes averaging down a number of times..... with your $30 million estimate I have a chance of making something *IF* the BOD look after their extremely patient shareholders......
An interesting week for both of us then. Good luck, we still need it... Simon
Good luck to us all!!! Lets hope the BOD have a robust plan to finally create some shareholder value.