Member Info for chaotic_calmness

This is definitely an interesting time to be in RGO, some big hitting institutional investors here. Could easily be 5x-10x here.

On the current rate of return that they are receiving from the placement of company fund with Riverfort, they have the potential to make £1m alone through further investment income from Riverfort. That would cover not only the current cost of running the company, but would also leave some spare for RGO to disperse it as dividends.....
AIMHO
DYOR

Current share price is probably one of the last chance to load ARCM sub 3.25.....considering the amount of macro and micro factors lining up in favor of ARCM, this price looks a steal. AIMHO
DYOR

Fully agree with JSC here. At least BRD has a target figure (40k tonne at 2.5 cpth) that they can lead to a breakeven/profitable operations. This target figure is their map to navigate the current operations to a profitable venture. It's the case of how they execute in the next 3-4 quarters that would lead to a significant rerate here. I do believe that the lower levels of KV1 pipes would bring significant improvement in the overall CPTH when they do reach that level over the next couple of months. Let's see how they execute.

Correction: Circum is on*

Circum alone is worth 1p to PREM.... everything else is a bonus. Circum is not last stages of finalising the funding, production from phase 1 starts from two years from now. Not long in mining cycle....

The latest result of RGO (previously PRS) indicated that they don't have arcm in their equity portfolio anymore. RGO held 6+m shares of ARCM, one of the sellers may be them perhaps....

Just Miton and Cancord owns more than 30% of the float, that's some serious IIs backing this one....i wonder what's made them invest in this tiddler.......Is it the old portfolio or the riverfort expertise.....hmmm

sorry page 14 and not 18 for the insights....

the business undercurrent is turning extremely favourable to ZImbabwean miners.... their current president Mnangagwa is pro business, pro mining friendly. we are indeed heading towards an very interesting time. With the right partner for NEWCO's IPO, along with the news for CIRCUM ipo and ARCM cobalt result, PREM has high probability to reach all time high.

link for q4 operations: http://www.bluerockdiamonds.co.uk/assets/BRD%20Q4%202018%20Presentation%20021118%20FINAL.pdf

page 18 - revenue & cost structure gives interesting insight on profit potential. The only issue is the strip ratio in 2019 which is expected to be 4.0, however they expect it to lower to be 2.7 in 2020 and also the high grade orebody of KV1 pipes can probably support the higher stripping ratio. Let see....

Agree MM, this is a new dawn here.... the real dark horse here is the investments (Circum & Arcm)

placement funding might come considering the cash flow.

24/7 hours operations at 55 TPH brings them close to 475k tonne annual production... Doesn't seem far fetch. But it still remains a challenging target due to reliability issues of the equipments. If they can upgrade the feeder, and remove the operational bottleneck and achieve upwards of 60-90 TPH then the target is quite achievable. Let's see how this unfold over the next 3-4 quarter.....

Circum, RHA, Zulu, ARCM all firing at once can propel PREM to all time high.....

ZImbabwe needs economy going, Ethiopia and Eritrea peaceful once again, ARCM that's another sleeping giant. All the macro and micro factors are lining up for an explosive boom here.

Buy right, sit tight....

cpht is the key kpi, cost structure would remain same but the revenue would rise substantially when the CPTH rises....they did said in the last rns: 'At an operating level of 40,000 tonnes a month, BlueRock expects its mining operations to be profitable at a grade of 2.5 cpht. The Company's average grade from all of its mining operations to date is 2.6 cpht and excluding the mining of the very low grade material in the higher levels of the pit BlueRock estimates that the average grade to date is approximately 3.5cpht.'

what would be interesting is if they would need future placement to reach that 40k production target by Mar 19 - May 19, that would indicate whether this is the bottom or further dilution ahead.....

Just the investments are .5p to 1p value to the MC......everything else is a bonus.....Circum is the dark horse.

wow, this is undervalued by a 3x factor. On the other hand, everything is crap on their portfolio except VS......

I am not concerned with the fall in share price, what I am waiting in the next 6 months is the cpht grade from the lower levels and the consistency of the production during mar 19 to sep 19. A 20-30k top-up would bring me close to the current share price average, but I would hold the topping-up gun for now to see how they execute their latest plan. No point in topping up if there is another 50% dilution waiting further six month down the line.....

Poni, don't think it's all the brokers.