Member Info for ACKER

Going well-pleased.

I suppose he could get the family trust to sell some shares and with the proceeds offer a loan to Prem.

Fira-2011--so what is your take on the situation.
Do you envisage George having to call an EGM to lift share ceiling and raise capital.
The shortage of cash has always been a thorn in the backside--what will he do now ?

Ray-mondo--have been here longer than most.
The standard on the BB has remained constant.
What I would say is that there is a wealth of knowledge amongst many posters and on occasion this comes to the surface.
Difficulty is far too many rampers have blinkered views.
Acker

THEMANWHODOES-sorry cannot compete with you,after all you drive a 4x4.
Fancy having a go at lauding over someone by telling them you drive a 4x4--this had me in stitches.

That's right Magoo you tell'em
Only rose tinters allowed on here,no discussion allowed,alternative views prohibited.
All is good,Prem is good,revenue pouring in.
25 bagger by end of March--you tell 'em,set your sails,blow off,catch that train etc etc

So enlighten us George, how are you going to keep the lights on this time?

Oneknows--correction about the ramping post--you actually don't say anything.

Hammered 11--just a matter of balance

Acker

Oneknows--then just put me on filter,it's quite simple.
You can then carry on totting up the revenue from RHA tailings,decide how you are going to spend your Xmas Circum dividend and how much profit you made from the "imminent" release of the EPO.

Looking good.
Have joined this morning.

Dio--from reading the posts one would conclude that Prem was ring fenced against world events.
I have no influence over the SP.
Acker

(Alliance News) - Stock prices in London set to open sharply lower again on Friday, following the sell-off in the US and Asia overnight, as coronavirus fears continue to hurt global markets.

IG futures indicate the FTSE 100 index is to open 265.50 points, or 3.9%, lower at 6,530.90. The FTSE 100 index closed down 246.07 points, or 3.5%, at 6,796.40 on Thursday.

"As if this week hasn't been bad enough for markets, the slide in equities accelerated yesterday as European markets underwent their worst day this week, as more and more countries reported fresh cases of the coronavirus," said CMC Markets UK Chief Market Analyst Michael Hewson.

Nigeria on Friday announced the first confirmed case of the novel coronavirus in sub-Saharan Africa.

Looks like Magoo has been left holding the baby as the other ridiculous rampers throw in the towel.
Another 5 minute hero.

Thinking scope for profit at this price.

Well that's RHA out of the way for a few months.
Let's see what mess is made of the EPO.

Graham as you get older you will begin to understand the difference between what you deem negativity and reality.
You are a fresher to Prem so certain things are understandable.
Acker

learner.trader--also remember that this BB was awash with "the gang" and many,many others telling everyone that the operating costs at RHA were the lowest in the world,this seems to differ from CEO's last comments about his concern over rising costs.

George Roach, CEO, commented that, "We are reassured by the continued commitment of National Indigenisation and Economic Empowerment Fund to meeting the financial commitment to the funding of RHA.

And you wonder why some of us have doubts about Prem managemen,RHA was going to produce revenue in November then December then January certainly in February--ZERO sales.
The company must be running on fresh air--no source of funds.

Pursuant to the above request by the Minister, we have agreed to place mobilisation and commissioning on hold pending their review."
I am reading that this includes "tailings" if so Prem facing a severe cash flow problem.