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Member Info for Coldfeet

Member Since: Thu, 13th Nov 2008

Number of Share Chat Posts (all time): 1,545
Number of Share Chat Posts (last 30 days): 0

Last Posted: 6 Mar '14

23 Oct '13

Hello Staggart,

It didn't take long for Zimbabwe to warn Renamo of their own position in any threat to their export routes.

Kind of ironic that Renamo's main threat comes from the Zanu-PF and not Frelimo, who have been overly patient with Dhlakama's impossible requests.

Zimbabwe will not tolerate any problems caused by Renamo and will act, possibly without SADC approval.

23 Oct '13

Evening capt96,

Renamo haven't abided by the Rome peace accord for some time now, by failing to disarm their own forces and carrying out agressive actions since April, so shooting up a police station isn't new.

Their annulment of the peace accord is simply confirmation that their previous actions are in breach.

I'm surprised that Frelimo have let it get this far but appear to be finally taking some action to prevent further agression from Renamo who are severely diminished both politically and militarily.

It will be interesting to see how Zimbabwe react if Renamo try and block transport routes which may affect their export.

Renamo have no allies in the area, completely different to the civil war years when they were backed by Rhodesia and Apartheid South Africa, both countries now controlled by Frelimo's supporters.

Dhaklama is in the process of a final throw of a dice heavily loaded against him.

30 Sep '13

I disagree.

If BAO SP gets to a pound over the next 12 months it will be for valid reasons, and not unsustainable spikes as seen previously.

If PIs sell, those shares will be mopped up by IIs other than AMED as the project will have de-risked sufficiently for them to take a stake.

Each to their own though, some PIs will sell if the SP reaches their target, others will hold for potentially greater gains with both strategies being valid.

30 Aug '13

I hope BAO do NOT use the ELF to raise the remaining DFS funds as this will create an overhang.

The issue of funding is relevant to all junior explorers not just BAO so I don't see how I can be "creating" a problem when such a problem is as old as the hills.

28 Aug '13

Evening to you.

It's not bad news though.

I see no issues with the RNS, the first one as BAO dropped the ball by signing Eager's name to the 20/08 RNS so we all knew the second was coming soon.

IFC are still onboard and we now know the budget for the remainder of the FS, up to DFS level, and BAO have to raise a further £3.4m approx.

How they do that will be covered in the next RNS hopefully, unless that relates to the CFOs share options or a resource upgrade.


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