Member Info for apple-bees

kicked in..If you think that will happen, then I for one will look forward to the massive dividend from the sale of our assets. You will eat your words and never post here again once the coal deal lands. Why, cos you will longer be able to talk this down, then up and trade this stock. You're a cunning trader Avro.

If you think that will happen, then I for one will look forward to the massive dividend from the sale of our assets. You eat your words and never post here again once the coal deal lands. Why, cos ypu will longer to talk this down, then up and trade this stock. Your a cunning trader Avro.

You never answered my question.

Paid.

while we are waiting. 'How many seconds are there in a year'?

to get this going. You are right 11% rise is nothing at present, not compared to where we've been, and hopefully going back to soon. :)

Outstanding for new comers. Coal deal soon, even Ahorn can't argue with that one.

Non of the IIs are decreasing either. Stop scaremongering and using any negative to buy in lower. I can guarantee ypu bought yesterday at 0.25p and sold at 0.30p...guarantee it.

You forgot the biggest fact of all..No debt and even if we sold at 1% of potential revenue...today, everything, completely, we would be looking at over $500m which equates to 30p a share. Now that is a fact you can not contest...back to your night clubbing, off ypu go!

We have no debt, with future royalties of $18.5m, that's an SP of 1.2p just on this alone!

1.3bn tonnes of Coal at $50pt =$51.5Bn, 205mt of Fe at $11bn, 80% stake in WAE, let's be conservative and say $1bn. Over $63Bn, 62 of that is in known asset's. Even if we sold it all now, tomorrow, at a fracti on, let's say 1%, then that is $525m or £369m or equivalent to over 30p a share, stay with the programme guys. We are worth something as above, and that's a mere 1% value of known assets.

Avro has been here a long time and admits he trades this stock. Just ignore him as he trys to manipulate for his own benefit.

I don't know their strategy or financial position, but take a look at CZA and their SP. What I do know is, we have a damn sight more coal than them, and the potential to feed some of it straight into the mouth of an on site Power Station with any excess being sold on the open market...Makes you ponder and realise what assets we do have in Zimbabwe. 1.3bn tons at let's say $50t...that's alot of potential wonga :)

Should be announced in coming days.

I did not see your post as negative btw. It's good to air concerns. We are not as poor as the cash in bank and MCAP reflects. Make sure you get back in as soon as the coal deal drops, as you know, she'll move quick. PS, thanks for your kind words GL.

And could have sold for huge profits, many a time. I can wait. Like I said, if it went pear shaped tomorrow, there is multi millions in assets to have. Luckily, we have no debt, 1.3bn tonnes of know coal deposit's, 205mt known Fe deposits ( and much more to be proved) at 62%, 80% stake in WAE covering some of the best ore deposits in West Africa and $18.5 of royalties due in the future. Add that all up, and the SP would be a hell of a lot higher even if we decided to sell up. The key to this is, no debt and multi millions of pounds of assets even if we sold at a fraction if the value. That's doomsday scenario, and I still see us going forward with all 4 asset areas at some stage, so not concerned one little bit.

I was down to 0.42, then bought another hefty chunk at 0.58 just before all the nonsense happened, so now in at 0.462, waiting on the biggy!

Don't forget about the $18.5m dollar royalties that is due in the future too, due to the sale of the South African asset.

FYI info, I first bought in at 3.2, then 2.85 and have averaged down since. I still see massive value here, even if the company folded tomorrow, with no debts and huge assets to sell off, you are still looking at 6p plus. However, that's not gonna happen, and like many here, I sit here patiantly waiting for the coal deal and sale of WAE or JV in Nimbia or both? Coal news is overdue imo, and build up to such deal can only be predicted or hoped for by large swings, movement and volume. No IIs have sold off yet, and I suppose they are waiting in the wings like we all are, so they must have some faith.

I can't see company funds being used in defence of one of the BOD to be fair. He needs to fight his own case, without using company funds. Is there value here, of course, apart from the coal deal, we still have multi million pounds of assets. Personally, I now want us to sell our stake in WAE.