Member Info for ACKER

fish--he has probably read this on twitter.
He has been told before that we will not get machinery for free-i am amazed at some of the ramping statements.

So tell me donald:
is RHA in production.
please give the December date for the payment of the Circum dividend.
when did the EPO get signed and what is the J V agreement.
who is our new chairman
etc etc

Ok guys--not spending all day on this.
IMO nothing will happen in this financial year.
Dilution in new year.

RHA Electrification--has missed target,remains work in progress. No production,no revenue.
EPO--no news
Circum--no news
MHN--revenue to Prem--in the future.

I must of watched a different podcast.
As I understand it,CEO will be coming back to shareholders to lift share ceiling thus giving room for more dilution.

matt--shall we leave it there.
Thanks for the chat--i do think we are basically reading the same book.
Good luck with your investment
Regards
Acker.

Matt--we could discuss this all night,I like MNH,I like the business model,I like the management.
All I am saying is that it would be prudent to wait for the disclosure of company profit before getting to excited.
For example,China has the world by the balls as regard lithium,cobalt ,mag and REE.
China can manipulate the markets with the stroke of a pen,can flood the market or restrict it.No company accountant can factor this risk into management accounts,it could distort projections-turn profits into losses and the other way.
The world markets are not stable,trade wars, tariffs and yes even Brexit.
Mining minerals is high risk venture.

matt--with the greatest respect the unaudited accounts mean nothing,worthless.
Only management accounts.

matt--don't fall into the "turnover" trap.Prem holds 10% and will be entitled to a dividend arising from audited and declared profits.
Tesco had a phenomenal turnover a few years back--made a loss.
Fitbit--great global sales--my business is more profitable.

Yep--the business model looks achievable,the company has experienced management who have proven track record.
Would be happy with 20%,access to plant and machinery[at a cost] and wealth of personnel.

With the rapid expansion programme what is to stop MNH mirroring CIRCUM and going for an IPO.

All foundations being put down to enable MNH to get listed on stock market.

matt--yes OM is massive and has great potential.
Not surprised if Prem takes further interest IDC.

https://roskill.com/market-report/manganese/

A bullish overview from Roskill---all depends on China--got the world by the balls

I posted this end of November:
I think everyone on here recognises the fact that the Zimb government needs billions in foreign investment.
The problem,imo,is how it can be done to the benefit of both parties.
The government wants revenue for domestic infrastructure --paid for by ,in part,by miners.
The investors want ROI.
The president did say that if miners don't pay the minerals stay in the ground.
A difficult call on both sides--we are not mining in Surrey.

My only concern about the EPO is the cost the Government puts on the order.
By all accounts the Government is willing to extract max. financial benefit for the country.
Will be interesting to study details.
Would not be surprised if EPO triggers Newco.

stevenc72--I see you found the article--very promising.

whats--fair comment.

Government, through the Ministry of Mines and Mining Development, gazetted about 40 EPOs across the country following applications from prospective foreign and local investors and the mining affairs board made a determination for the issuance of the all EPOs.