one4all
02 Jan 2018
Re: sorry george but you have lied to us in ... so more lies from GR
sinking ship southward
19 Dec 2017
George [link]
Ripley94
19 Dec 2017
Re: Primary bid offer Had these on a GTC limit ( D ) for two weeks.To keep allocation as much as anything , edited limit price yesterday and has lifted @ lower 0.36p ( 0.38 ).I might be on a roll
One day Roderz
18 Dec 2017
Re: Defamatory posts............ Pure silk. Who are you referring to? Obviously not me, as I’m not a paying customer also I don’t think I’ve been defamatory. Grumpy, depressed and annoyed probably, who wouldn’t be with Prem?OS
puresilk
17 Dec 2017
Defamatory posts............ One should be careful what they type on discussion boards especially when they are a paying member as the company could very easily locate you.
One day Roderz
17 Dec 2017
Re: Chinese interested in Zulu PREM Nat81I think I'll wait for the official release on that news before I get too excited.OD
nat81
16 Dec 2017
Chinese interested in Zulu PREM "most likely" our partner will be Chinese major player $$$ for Zulu lithium[link]
One day Roderz
15 Dec 2017
GR buys @ 25% premium 0.5p Shows confidence.He could have kept the money gaining interest, but instead took the option to buy at a premium. He must be expecting good news at RHA.OD
One day Roderz
14 Dec 2017
Inferred to Indicated. Great results from Zulu. The drilling needed to move this from the inferred to the indicated measured category is ongoing. When will the MR be updated. That will move the SP as potential buyers will take note.However, RHA is the short term SP driver.We could be one RNS away from a massive rerate.OD
One day Roderz
13 Dec 2017
Re: RNS x2, 1 with bad news, 1 wirh good... Bertie20.I agree and have mentioned before about mothballing RHA, no more circum. All those monies should have been used to fast track Zulu through to DFS, to give us something on the balance sheet. A SAMREC compliant 20mt or 40mt of lithium in the measured category with further levels in the Indicated, would value us far in excess of where we are now. Then use JV/sale funds to progress RHA or purchase Circum.It feels like GR has been spun a yarn to buy Circum quickly and now he sees that nothing is occurring there right now. All efforts went to buying Circum, including poor finance. When you buy something discounted by say 25% and finance it with dilution of 20% after repaying finance at a 20% premium, it's suddenly not a bargain. (figures are made up).It'sworth a few £m on our balance sheet, but not a lot if we are desperate to sell it. One day that may change, but not at this moment in time.OD
bertie20
13 Dec 2017
Re: RNS x2, 1 with bad news, 1 wirh good... Roderz.One of my big mistakes is throwing good money after bad, in the expectation that it will all come good in the end.Surely the company is right to stop spending money on RHA now, before things get worse, but leaving the door open with the prospect of making some of their money back if things get better.I remain optimistic.Bertie.
One day Roderz
13 Dec 2017
Re: RNS x2, 1 with bad news, 1 wirh good... Bertie20" The mineralisation and assay results from this hole are spectacular"This is a true statement. The other two are possibly true.Due to RHA draining the company of funds and causing massive dilution, a lot of investors don't like the risk. We won't become bankrupt as GR will call an EGM to issue more equity and we will have to oblige to continue as a going concern.The RHA news was confusing, possibly that was intentional. We shouldn't need anymore funding at RHA unless it is profitable. Monies would be needed to bridge between dispatch & payment for product. Maybe two to three months. If it is not profitable are we talking of mothballing RHA and selling our equipment, if so, where do we stand with Afmine?OD
bertie20
12 Dec 2017
Re: RNS x2, 1 with bad news, 1 wirh good... Clearly the market did not like the news, but with phrases like " The mineralisation and assay results from this hole are spectacular"and "Zulu is now justifying our belief that this is a tier 1 asset."combined with"additional stellar drilling results imminent"I can't really see a basis for such negativity.Bertie.
Tuckman1
12 Dec 2017
Re: RNS x2, 1 with bad news, 1 wirh good... Well I have sold out at a loss and have added to my holding in QFI, much less dilution , much less expense and hopefully and guaranteed income after an RNS that is promised to be delivered this year!!!Sadly no sign of this coming good until real money is delivered
One day Roderz
12 Dec 2017
Re: RNS x2, 1 with bad news, 1 wirh good. RHA may be mothballed, if not profitable. Persue Zulu, £20m+ too late. Hindsight!!!OD
