Member Info for BwanaMakubwa

As pointed out by many on here,we know there have been teething problems with the rollout,but this overwhelmingly rotate around training-very easy to solve.Despite known teething problems Directors still bought a bucket load os shares.If the rollout had ben stopped or even temporarily halted this would have known last week and an RNS released as it would be a significant event.This had us all worried,but is infact a complete none event.End of and let’s move.The journalist is clearly very second rate if he cannot find more productive things to write about.

Ditto.
Keep posting please Strummer, you add value and we enjoy your posts and want you to be part of the debate.
The try line is close....keep running for touchdown !!!

Hi Wasa, I for one would welcome such a meeting and would prefer face to face to zoom.You are a longer term and larger holder than me so can we leave this with you.The lady I spoke to was Anne Legge-Head of Group Comms.My first impression of her was very good ,on the ball, had the answers and generally extremely professional.I have her direct email if you need it nearer the time.
Good weekend.Bwana

Calm down not ready,I have never seen a single bit of dick swinging on this Board.I actually find it useful to know how much stock people have got, easy way to ascertain conviction of which there is much here.Plus the big holders invariably post in a knowledgeable and constructive way.
I hope I did not misunderstand your comment, if so apologies.
One thing I was hoping to do once financing is arranged is see if we can arrange a group zoom or even better (COVID allowing) a face to face meeting with management and Board regulars.If people are supportive of such an idea at the time it will be much easier if we tell the Company we represent a group of shareholders with 75 million shares, rather than we are just a bunch of PIs.

Hi Strummer, sorry about your predicament.This is all very simple to me.Where do you think the most upside is on a 6 month or 1 year view-HZM or GGP.I cannot advise here as do not know GGP at all.Anyway the point is overweight the one you ascertain to have most upside.
I have been adding ACP recently ( though I hate Tanzania) because I believe it could triple on a 6 month view, whereas I think HZM is a double on a six month view.Long term much prefer HZM,so have a much larger position here.
Hope that makes sense.

Suspect there is still some residual warrant selling going on, see no other reason to sell down here.
Good weekend all.

Thanks for sharing Picked.
Good weekend everyone.

North-yes confirm that they did say they wanted better use of the TSE listing.

Incredible really-either genius or bloody lucky!!

Just speculation, but I feel they will stay on AIM for a while.There are UK funds that can buy AIM stocks in decent size-especially the small cap funds.Also Canadian and US institutions (specific target) are able to buy AIM.I think that we will be well into production before they move listing, which I hope they will do because as Wasa points out it opens up a much broader range of target instos. Also a move is quite time consuming, they are currently a small team and I am sure have little time at the moment to consider a listing change.

...GGG and others.Should motor now..

The rerate will happen once we see numbers-sales, EBITDA and cash and receivables-if these are as great as Shaun's excellent sreadsheets and my poor old fag pack compute then we can really value the company on all measures. If the numbers are blowout as I sincerely expect,we can see the mid teens easily,but until we see hard numbers we are all just guessing.

I am an optimist-the Bolly is in the fridge.

Cannot see what Bluray is saying fortunately-he was my first filter on this Board-never any added value, just drivel.

A couple of points from this discussion:
1.Wasa points out that on financing news will see plenty of PI sellers-I am sure he is right about that. However,with 30.6% currently held by Teck, Cannacord and Glencore only 3 or 4 serious institutional buyers could mop up the loose stock easily.We know management want to broaden the institutional base and will be doing institutional roadshows once the finance is announced-I see the flippers being easily outweighed by institutions.
2.North makes the point that he has his core position.I am in the same position as are others who contribute to this board and have stated this fact. However, if the boredom factor sets in and the shares drift down to the low 6s/high 5s (which I do not think they will),I will definitely be adding in reasonable size as I believe others will.So basically I see the share price very underpinned now.
As stated before-I am here on a minimum 5 year view and really hope we are not taken out before this.I understand and respect others are here on a shorter timeframe.

GLA.

By the way that's why I love looking at the EV valuation on this company.So damn cheap.

(Sorry Soder-I know we disagree on this!!)

Personally I am here for the transformation of NCYT from a"Covid" company to a leading world class diagnostic company.Some on here get that some do not or choose to ignore the long term potential for the sake of short term gain or loss.GM is here for the transformation and that is good enough for me.
Still annoyed though that I missed my limit buy order again-that is the third time in 3 weeks-I would not make a good trader.

Fair enough Tones-please let us know what you find out.

Yes-looks like an over reaction on the downside here.But we do need a bit of a worst case scenario timeline this.I am sure the Company can provide this,I have put in a call and am awaiting a call back.

Disagree Tones-this was always going to take a while-"TheTanzania factor".Expect we will be in possession of full information by end of 1Q21.
If you are communicating with him again Tones,please push him on timetable.Thanks,Bwana

Development efforts are indeed gathering pace at Mahange and in addition to this exciting appointment to drive forward the FEED workstream, we are pleased to announce that following a positive site visit and follow up consultation that the Environmental and Social Impact Assessment (ESIA) is also progressing and we hope to be in a positive to update further in this regard in the near future. The ESIA is one of the final necessary components in the Mining Licence process and receipt of a Mining Licence will be one of the final and most important de-risking milestones for the Project. Our financing discussions are also progressing well and we continue to see strong levels of interest as we ensure that we put the best options forward for shareholders at this exciting stage of development for Armadale."

This is an important update (only problem is they cannot spell "position",but maybe that is just a hint!!