Member Info for bcl42

Cheers Dave

Best bit from Wimbo article ‘In addition, during the sessions, the Committee issued a number of mandatory mandate for the Ministry to improve the mining sector in the country.’ A bit of a general order but it is better than ‘make up some more obstacles’.

P.s. champing at the bit not chomping.

Boom Boom Dave. Make me chuckle. I am definitely not down in general just chomping at the bit for this to move forward as I am sure is everyone else. Have a good weekend all, I am off for a golf weekend.

look forward to a new week. I honestly don't anymore as they are all exactly the same and next week is highly likely to be no exception. There is zero buy or sell activity so no anticipation of news one way or the other. Next week will probably end with a 4.4/4.5 SP and no news. Does anyone think any different with any reason other than optimism?

Don’t start me off on political correctness

Its pretty close to crunch time.

Key date for me now is 30th September and SEPCO SDA buy-in. If this passes or date is moved I will be, for the first time, concerned rather than frustrated. We have 5 weeks before then so hopefully GoT will stop messing around.

‘The final commercial discussions on the PPA are expected to conclude expeditiously following submission of the reformatted IBFS’. I think ‘expeditiously’ is the same as ‘imminent’ and ‘soon’ and ‘tipping point’ and ......................i.e. don’t hold your breath

FWIW I have dropped an email to St. Brides asking specifically if the SDA is reliant on SML and PPA . That probably makes me a bit of an optimist in expecting/hoping for an answer other than 'we cant say' but you never know.

Correct me if I am wrong but does everyone, like me, assume best possible date for SEPCO SDA buy-in is 30th September and not latest date? Weird but true? I assume it can’t or won’t happen without SML and PPA so assume that is the next ‘deadline’ for them. LC must be pulling his hair out, biting his tongue and gritting his teeth all at the same time.

Either way it’s time for the GoT to either deliver or kill off the project. No way it can be the latter so it’s time they pulled their finger out and actually delivered something. Having said that we could be having his same conversation in Sept, Oct (following SEPCO buy-in postponement), Nov.............. It just goes on.

I meant Magnet.

Absolutely Yaki. I have spent many hours at Zimbabwe borders being offered more and more forms and more and more 'taxes' to pay. You have 2 options, either pay the 'taxes' and go quickly through or challenge them and you get through when everyone is too bored to argue any more.

Should have read - 'Am I bothered?' Right words but in the wrong order.

Yaki - I tried that too a long while back but it was to no avail. In fact Lurker just called me names (I am bothered?) and continues to this day to not understand the concept of NPV.

He has never understood NPV so I always ignore his posts. He is, of course, welcome to his opinion but any numbers are a complete nonsense if you don’t understand NPV.

Which seems peanuts when you think that equates to £11m.

Surely worst case scenario is 15% share of c. 740m shares with value at $100m (£74m) which was Sanderson valuation before a lot more work had been done and certainly pre SML and PPA = 10p a share

You have forgotten Lurker’s minus 4.5p