Member Info for ACKER

Quepensa--the point is --keeping an eye on mag ore price and production levels at MNH.
Will company get required financial return to report a NET profit which can be used for dividend distribution OR will the increased production coupled with lower ore prices just maintain the status quo.
The point is --business economics.
What return is Prem getting for the million investment.

To help overcome this, Otjozondu plans to relocate the container loading facility to Walvis Bay from the present location at Okahanja siding, the effect being that ore will thereafter be railed in bulk to Walvis Bay

It is in the forward planning to use Walvis Bay.

Jonjo-MNH is not currently using Walvis Bay.

I post mag price each Monday morning.
Have posted since Prem took 19%.
Walvis Bay is subject to strict covid 19 procedures

Acker

Mag price

https://www.jupitermines.com/projects/tshipi/manganese-price-information

Wolf--although I did buy some I did post on here a few days ago that I had got it wrong.

IMO MNH can tell George anything and he will believe it.
Gut feeling--we are being conned by MNH.

Acker

Simmo77--and WHEN.

Ray-mondo--not convinced,a lot of talk-no action.
However this is Prem.
Will sit and watch.

If you wish to get an insight into the competence of Prem look no further than the history of the "XTR"

Jonjo--I would wager a bet that MNH does not pay Prem any dividends this financial year.

Graham--is it not a little early to be having a smoke.

The most relevant part of the RNS:

" Premier will require further funding."

I think that covers everything

macgerry--I agree,Microtan was a good poster.

An excellent summary of events.

Mag ore:

https://www.jupitermines.com/projects/tshipi/manganese-price-information

Jonjo--George will go shopping,he has reported the fact that he is on the look out for further cash generative companies.

Roach will go shopping again--and soon.
IMO further dilutions this financial year.
The suggested uplift from MNH to 10000 per month will be difficult.
Mag prices down c40%

IMO covid will return to Africa.

Other matters--just guess

Acker

Come on Prem--wake up.

Well Plan A didn't work out--back to Plan B.
Awaiting one of those marvellous Prem rises.
Will keep adding to the trading pot.
Good luck to you all
Acker