Member Info for Bluebelly

It's not tedious, it's worrying.
1st Aug, 50% of loan note repayment, unless we have $175k we will be issuing 350m shares if SP is 0.45pish (90% VWA).
Same again for September.
Or we give up just 350,000 circum shares.
Maybe we can do the same with the 4.7m remaining circum shares, to keep Prem operating (paying salaries).

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TT
Agree with your theory on profits, timelines etc..

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The first six months of this calendar year will be included in the Full Year results reported in Nov 19. The Interims in Mar 20 will show Jul-Dec 19.
Maybe that's what you said and I've read it wrong, if so apologies.
We already know Q3/Q4 18 and Q1 19 was relayed to us, so we only need to see Q2 19, plus all the other info that comes in the FY results.

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Having removed the majority of the Chrome, including the fine chrome, it would be good to here news on the license approval for PGM production at DCM. It seems a long time coming, or has it been denied and dropped by JLP as an option. The remaining waste must be much higher in PGM's as a % now.

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Agreed, good revenue. Lets get it rolled out to the other plants.
34 Degrees South is the man to add numbers ($) into the detail provided by the update.

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Bamps21
It's 5000 tonnes of Chrome concentrate.
From RNS:
DCM operation - chrome (South Africa)

Jubilee's ground breaking DCM fine chrome recovery plant, constructed during Q4 2018, has continued to successfully increase its production in-line with expectations achieving the production of 5,000 tonnes of chrome concentrate during the month of June 2019. Jubilee intends to integrate the fine chrome recovery process into its remaining chrome operations. The fine chrome recovery circuit targeted 25,000 tonnes of chrome processing per month, and already achieved close on 25,000 tonnes for the month of June 2019.

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Moljen. I prefer Quit Dangly, I thought it was something from the Urban Dictionary. It 'Quite Clearly' wasn't!!
By the way,I'm out of Prem, although still watch in the hope it can turn around and there is a buying opportunity. It seems a long time ago 0.6p and 1B shares. I thought GR was so lucky to buy in the placing at 0.19p just before the rise to 0.8p. Not looking so good now, but he still has the lodge and limestone, I guess. Did I here the ARCM shares were sold and we were never notified in good order. Lets hope we still hold the full Circum stake that isn't needed as security.
One more thing. Do Prem have enough headroom to issue shares to pay off recent Loan Note as they won't have the cash, 90% VWA was the share option.

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Hopefully JLP will give us the Q2 numbers as we should be updated on the new Platcro PGM production and any other snippets. They did mention 6 monthly reporting, but there is so much going on.

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Well we didn’t’t hold at the bottom that I saw on a rising trend. So maybe I will get lucky and we will remain in the sideways channel (2.9-3.3 ish) until the next Stella news to move this.

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Thanks TC.
It’s not an exact science. I would be happy with a month here at this SP, but if it takes off, I wouldn’t be too disappointed.

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Thanks TC.
It’s not an exact science. I would be happy with a month here at this SP, but if it takes off, I wouldn’t be too disappointed.

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That looks to be about the bottom of the rising trend line. Any chartists care to share their thoughts. I was hoping to buy some more around Jul-Sept, but unless we move sideways around this price, I will probably miss out.

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VRB's could help boost Vanadium prices too!
Vanadium Redox Flow Battery Market Will Grow at 59.7%
https://www.globenewswire.com/news-release/2019/04/09/1799414/0/en/Vanadium-Redox-Flow-Battery-Market-Will-Grow-at-59-7-CAGR-to-Hit-1-11-Billion-by-2025-Adroit-Market-Research.html

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11 or 12 RTGS to the dollar, is just over $500k
This is expected to worsen??
I can only see problems when trying to buy items from outside Zimbabwe.
My see a small rise tomorrow, but no 'Blow offs' Nathan!

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1. It's on a Friday
2. Yesterday we had no debt , today, someone has a claim on our Circum shares if we don't get money to repay from whatever avenue, loan, shares or the elusive $6m.
The good news, there is none.
Darwin could be next and that comes with peaks and troughs if you're good or lucky at trading. I'm not.
No money available to progress the companies projects.

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1250000 for me.

GLA

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Hi 34DS
Great post! At the moment 6.9p sounds great, but as you state with Kabwe adding much more to the pot in 12-18 months, along with the other known project running. It should be a lot higher if they can keep the head office costs down.
I imagine they have a sort of trials team of specialists testing projects to find the best process and therefore maximising the returns.
As one project is dealt with they then move onto the next. If this is true, then maybe the H/O costs can remain similar to what they are presently, if these are infact part of the H/O cost. AIMHO.
It will be nice either way to have some upward progression on the SP. 6.9p looks great from here right now. I wish I'd bought more at 2.1p. Next year I'll be saying I should have loaded up at 2.8p.

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Platinum down Lonmin up 15% over the week!
Makes no sense.
JLP will still be making money, it's the ones mining it that will be losing out.

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They were the 3rd highest price paid yesterday, so I'm going to say they were buys. Not that it matters, it's in the past. Hopefully news next week confirming Northam PGM's has commenced. Although they wouldn't need to RNS it as it is public knowledge, but it may support the SP.

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Thanks tedoby. That works.
I forgot to attach the article. It's an age thing.

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