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Teddy boy prem have never delivered no share holder value for 5 years, so all you millions of essays,an multiple dilutions, might as well be tossed in the bin, along with every phone call from Fuad ,every RNS an pod cast from GR. Period.
At least he can't do a placing while we're suspended...
Ted, GRs history isn't one of your strong points... Last year GR was on record saying final accounts are on track... Then we got suspended.
Couldn’t agreed more, will give anyone with a very low - low average a chance to get out unscathed
If the $6 million lands the share price will be a lot higher for them to do a placing for working capital say at .040p. So if you are invest now, it's not for Zulu because that needs money or Circum but RHA receiving the $6 million and that's way this has become a 50/50 gamble. I dont want to put my investment down, GR has already done that.
I don't see it as being 50/50 at the moment, if the 6 mil landed next week, your talking 3 months before RHA could possibly produce a profit? I am more concerned where working capital will come from to take us into 2020, obviously i dont share your views that the 6 mil will land anytime soon, yet I remain the prevebial optimist. Wolf
At this stage Prem is a gamble 50/50 and it all depends on the $6 mill.
No probs macgerry... Next time you ramp the foook out of our sedantry assets Ted, IL remind you just how deluded you are. Wolf
Wolf I wasn't including you.I have found you give both sides of the argument.
The self appointed police have been born out of a decimation of the sp... and a total inability from GR to progress the assets.
Nice post Bottompicker and excellent appraisal of where we are.
If anything your post may be slightly conservative and certainly not as Wolframite chooses to misrepresent. Prem should also receive an income from it's Rental Agreement as well as it's Management Fee once RHA restarts. The amounts are undisclosed but if they remain unchanged the total should be in the region of £1m a year.
The filing of Prems AFS isn't late as Wolframite incorrectly propositions. It's under control and on track. It was predictable that Trolls like Wolframite would be misrepresenting the facts on the situation from about now. The accurate position remains as Prem reported in it's update in RNS 3762A . Viz-
"Premier expects finalisation and publication of the annual accounts on 28 June 2019".
The date for submission is nothing more than a maths calculation based the milestones stated in the RNS and necessary to stay fully compliant with the AIM & MAR regulations regarding not only the date for submission but also the minimum closed period required which is a 30 days.
Those recommending Wolframite's post should consider themselves as being mislead I'm afraid.
AIMHO
GLA GS's
You have upset the gobsheites Bottompicker. You are not allowed say anything positive by our self appointed police.
Bottompicker--have you been on the sherry again??
I wonder where you pulled all that nonsense from “Bottom Picker “ Lol
Excellent post but just to add balance you should have also said that if the final accounts are late, we will get suspended and may never return... So everyone gets well and truely shafted. Wolf
On the back of Circum sale.
RHA back in production soon and we will start recovering the debt owed in loan accounts $ 14 mil plus management agreement fee.
$6 mil from Zim government to develop mine and get it producing ( unfortunately this is offset v $20 mil owed in loan ac) ?
Zulu epo will make it one of the biggest lithium plays in the world.
Zulu to dfs
Katete then explored.
Possibly a merger with cash generative miner adding cash and bod / management expertise.
All for 0.075 p a share