RE: tons per hour29 Jul 2014 23:14
Lotech, if you are prepared to calculate the energy consumption in a cement factory in VOG ,you are the right person to ask, many thanks .
Regarding my expertise,It goes has far as the Sky series of "Gold Rush" were their shaking tables and wash plants are forever breaking down due to mechanical abuse.
However, I wish the best for all on this board, I do not know what is going to happen over the next few days or weeks. Furthermore, I am strapped in whether it is oblivion or some surprising and incredible piece of news, but my gut instincts tells me it will more than likely be media silence.
It feels like John Zorbas is trying to turn the clock back to the days of the IPO which I am lead to believe was 33 million shares at 10p,so on Thursday morning we will have 11,238,797 at 20 -22 pence .The mm`s have been trying to keep the price up, all of last week and today.
I would like to know what they are thinking.
The Company's strategy was to take the Chard Oil Sand Leases into production which was not realised and it appears to me John Zorbas, really does`t know what to do with MMO but perhaps go back to the drawing board after complying with the AIM rules to make investments within the given time constrains or go into suspension.
MMO have made those investments which was not universally pleasing to its shareholders and the markets.
John Zorbas performance as a business man or leader of a corporation has mainly been shaped via their own press.
The press my say he has a proven ability to chair a company,but the record clearly expresses that he still has to break free from the realm of mediocrity and low level losses in company profits.
My next comments which I write with restraint ,are based on the postings on another board to quote "If he is gifting to 'unrelated parties'" (URU).
Any street wise investor should know that doing business in china or Africa involves a " bit of grease " to ensure deliveries arrive on time, all the normal things we take for granted in this country that needs to be done in the appropriate way and in time, needs "greasing" in these countries.
Africa can be a ruthless place for high mind graduate who basically has never had the experience of jumping to the tune of a mentor or superior.
I do hope that John`s lack of humility and modesty does not get the better of him.
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