GCM Resources Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:GCM.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.6109295 http://www.iii.co.uk/investment/detail?code=cotn:GCM.L&display=discussion&id=6109295&action=detail Sun, 21 Mar 2010 23:14:00 GMT Pappiklon tag:iii.co.uk,2003:tst.6109259
What is said in the interims RNS was:

• As at 15 March 2010 GCM has £30.8 million in cash and listed equity investments, equivalent to 60p per share.

it doesn't say what the breakdown is....maybe just some simple explanation, but I've wondered for a while if they were selling CZA...and also wondered if they were buying GCM with the proceeds (as per AGM resolution to buy back shares), P By Pappiklon ]]> http://www.iii.co.uk/investment/detail?code=cotn:GCM.L&display=discussion&id=6109259&action=detail Sun, 21 Mar 2010 22:45:00 GMT Pappiklon tag:iii.co.uk,2003:tst.6109232
By Ginty_p ]]> http://www.iii.co.uk/investment/detail?code=cotn:GCM.L&display=discussion&id=6109232&action=detail Sun, 21 Mar 2010 22:32:00 GMT Ginty_p tag:iii.co.uk,2003:tst.6109227 http://www.iii.co.uk/investment/detail?code=cotn:GCM.L&display=discussion&id=6109227&action=detail Sun, 21 Mar 2010 22:30:00 GMT Ginty_p tag:iii.co.uk,2003:tst.6109222 http://www.iii.co.uk/investment/detail?code=cotn:GCM.L&display=discussion&id=6109222&action=detail Sun, 21 Mar 2010 22:28:00 GMT Paesano tag:iii.co.uk,2003:tst.6109204
Is this correct? Have we sold out and why or am I just a c0ck and have it wrong!

http://www.coalofafrica.com/-Top-20-Shareholders-AIM-.html By Ginty_p ]]> http://www.iii.co.uk/investment/detail?code=cotn:GCM.L&display=discussion&id=6109204&action=detail Sun, 21 Mar 2010 22:20:00 GMT Ginty_p tag:iii.co.uk,2003:tst.6109198
Every 5p CZA rise is worth 2p to each GCM share. £2.50 would be a quid each for us, which i will eat my hat if they are not higher than that later this year with production being ramped up and a move to a full listing.

CZA has a market cap of just 631.14 million and with:

Makhado & Vele

10mtpa @ $200/tonne

$2bn revenue p.a and EBITDA of $1bn+ p.a.

Certainly looks a no brainer to me anyway. By peterboroughmatt ]]> http://www.iii.co.uk/investment/detail?code=cotn:GCM.L&display=discussion&id=6109198&action=detail Sun, 21 Mar 2010 22:17:00 GMT peterboroughmatt tag:iii.co.uk,2003:tst.6109181 http://www.iii.co.uk/investment/detail?code=cotn:GCM.L&display=discussion&id=6109181&action=detail Sun, 21 Mar 2010 22:08:00 GMT kinabalu1 tag:iii.co.uk,2003:tst.6109153 http://www.iii.co.uk/investment/detail?code=cotn:GCM.L&display=discussion&id=6109153&action=detail Sun, 21 Mar 2010 21:58:00 GMT saru tag:iii.co.uk,2003:tst.6109087 http://www.iii.co.uk/investment/detail?code=cotn:GCM.L&display=discussion&id=6109087&action=detail Sun, 21 Mar 2010 21:25:00 GMT Pappiklon tag:iii.co.uk,2003:tst.6109065 http://www.iii.co.uk/investment/detail?code=cotn:GCM.L&display=discussion&id=6109065&action=detail Sun, 21 Mar 2010 21:14:00 GMT peterboroughmatt tag:iii.co.uk,2003:tst.6109060
Don't hold any CZA but I'm sure a lot on here do.

Gp By Ginty_p ]]> http://www.iii.co.uk/investment/detail?code=cotn:GCM.L&display=discussion&id=6109060&action=detail Sun, 21 Mar 2010 21:12:00 GMT Ginty_p tag:iii.co.uk,2003:tst.6109049
robson1974 - 21 Mar'10 - 22:05 - 6582 of 6583


'Go-ahead' given... for CZA

NEWS OUT in Oz

****************************************

Vele NOMR Executed

http://www.asx.com.au/asxpdf/20100322/pdf/31pd0r2qky6qlt.pdf



Should be confirmation of the turning point for CZA By Paesano ]]> http://www.iii.co.uk/investment/detail?code=cotn:GCM.L&display=discussion&id=6109049&action=detail Sun, 21 Mar 2010 21:09:00 GMT Paesano tag:iii.co.uk,2003:tst.6108386 http://www.iii.co.uk/investment/detail?code=cotn:GCM.L&display=discussion&id=6108386&action=detail Sun, 21 Mar 2010 16:46:00 GMT Skinner77 tag:iii.co.uk,2003:tst.6108226 http://www.iii.co.uk/investment/detail?code=cotn:GCM.L&display=discussion&id=6108226&action=detail Sun, 21 Mar 2010 15:30:00 GMT Hobnob34