Member Info for BwanaMakubwa

Glencore.

By the way guys we will not be offered any stock in the next issue, we need to understand that. So if you want more stock buy it in the market. If you do not like this fact then you can always sell.

Agree Eric-the million $ question is what price the equity? But listened to the presentation and sounds like offtakes pretty much agreed and financing pretty much sown up and in the last detailed phases. We have an interesting 6 months ahead of us and hopefully a much appreciated share price.

Clearly getting serious about North American investors-good move.

Does anyone have L2 ? Looks like buyers are finally winning back control.

I believe Elon Musk's family have a mining background in South Africa,so he should know a bit about mining.

...time for some of our new institutional friends to start stepping up-the brokers need to be getting out on this-come on Peel, Cantor etc, start to earn your fees.

Just for the record-I am a new investor and expect to still be here in April 2026, barring any "black swan" events!!

Anybody see an obvious reason for this fall?

Nberzins-agree with that.I also think PA will want the share price higher before he issues more equity.I see the sequence as 1.BP 2.broker notes published,3.Institutional marketing-as far as I am aware there are no UK institutions on the register-then 4.fund raise.It is going to be a very interesting few months foe existing shareholders.

Well hopefully right now he is firmly in a "quiet period" and not allowed to buy with lots of price sensitive news pending.

Blue-I would have replied the same.I think you were the only one who saw this coming to be fair.

600 I do not think most investors lack confidence in the Board, but the placing came out of the blue with us all expecting only one large combined funding announcement. The discount annoyed many PIs (though I am not sure why -this is standard fundraising practice on AIM -we all know that and we raised £18 million to strengthen are balance sheet and debt negotiating position in a mere 14 hours!!) some who took the opportunity to sell. Some of the institutions obviously flipped despite being "carefully vetted" and HZM management need to look into this with the respective brokers-it is not helpful. We also had the IG announcement the Monday after our placing which compounded the selling. However, bottom line the story remains the same-if not better-this is recognised by respected investors like ATD,Luke,JD1989 etc who are now adding to their positions at around the placing price. There may be a little more indigestion, but events have given us a great buying opportunity. I for one believe the management know exactly what they are doing.

Agree Eloro-we are being transformed into a Mining Industrial, so just the sort of appointment we want. Coming on the back of the appointment of Baroness Northover, former UK Trade rep to Angola we are building a formidable Board-bodes very well for the future.

....now we just need to clear the stock overhang.At least the IG effect is over...

You are right Highveld-I am getting my Great Lakes region countries and President's mixed up!!

Perhaps some of those who were complaining about not being offered stock at 7.5p will start buying:):)

Yes-I think once financing done should be considered asap. Also an ADR (American Depository Receipt ) listing should be considered. Yanks get natural resources shares better than we do and consequently ascribe better valuation multiples to them.

Correct email Gower.

One has similar risk profile to hzm, but better short-term return potential-if I am guessing rightly totally agree with you on that one !!!

HZM-agree-my biggest holding.