Member Info for Charlie1984

As soon as everyone finishes selling always a top up opertunity with prem I like to call it averaging down

I say, I say either way gives us LTH more chance to top up dont take your eye of RHA Production or Circum either one could land in the next 20 days and we could retain 100% of Zulu and pay our own DFS

Maybe you should look at getting a price again this morning once the bully boy brigade stop de-ramping they could well play into your hands if your serious about doubling up!

KDNC will also know RHA is close to production if they don’t sign in the next 20 days what’s the odds we f them off and fund Zulu DFS via production cash from RHA

I would have thought it was a contract of business that we have entered into, yes they require a 20 day extension what’s the problem? They get the extension and we move on. You cannt do business jumping from one JV partner to the next because of small delays etc
Shows they are still interested and haven’t pulled out, they also have an AGM on Tuesday so further information will be available on this matter no doupt!
As everyone keeps saying traders dream at the minute, also a dream if you can spin doupt and flip your shares again !

AGM Tuesday as its bank holiday Monday in England, markets closed for the long weekend, just reading an article saying how much cash flow KDNC have so cannt foresee any issues, Friday or Tuesday RNS, would be good to get KDNC news Friday, RHA production Tuesday to really get this moving again. Gla

MeoW Darkelf !

DOIRE - I would have expected a RNS saying production has started but I could also see that RNS being put on hold until they have run the plant for several days if not 2 weeks, the RNS could then state that production has started and following 7-14 days of production we anticipate on average monthly revenues will be X,Y or Z
I'm I also right in thinking that the valuation via accounts doesn't factor in RHA as we where waiting on the 90% sign off and also the rising ATP price now surpassing the $325 per MTU there is stock piles and also tail endings (not to sure what this is) but things are starting to look and feel like our time has arrived and jofully with it market co dose car and sentiment - GLA

Looks like everyone is loaded and ready to go and the PIs watching from the sidelines that will buy on news making for the perfect storm.
Zulu JV sign off and RHA production RNS Tuesday as its bank holiday Monday

Not filling his boots much the last few days though .......... kdnc news RNS Friday or Monday either way and the buying and selling seems to have dried up

Another 3.3m buy maybe our 10-20m buyer is picking up shares around the 3m mark without needing to pay over the ask, quite a few similar trades today .........

To say you sold out then slate PIs for being slightly positive isn't with out a reflection of your view, your clearly scorened and carrying a loss but still hang round why? To stop others making the same mistake? Please allow PIs to do their own research, far to many PIs that have sold out offering so called financial advice.
There have been massive buying 10m 20m trades going through all of last week which would suggest others feel things are away to change for the good.
Just do t know why PIs sell then linger about ......... move on if you have lost faith - GLA

Zulu currently been compared to a $1 billion MC company and could possibly be bigger even with 9 billion shares in issue and retaining say 30-50% after bringing in a JV partner to pay for plant and set up, easy to work out what a stake of a $1 billion asset would be worth to us.
2020 Q1 or before to see some real value for Zulu IMO which needs to be worth the wait imo

Darkelf, yes is the answer to your question but nothing to suggest they would.
Secondly the deal set up with PREM if you listened to their webinar also slows them to pull out at any stage if they feel the results aren't favourable from the drilling.
For me this is a sweetener for the shareholders as it's a very good safety net, they pay in part instalments based on the outlined drilling plan for Zulu.
It's also very clever from KDNC as positive news flow on the results will cement what is already known about Zulu, positive drilling results will increase both KDNC and PREMs MC which also means dilution for them will be kept to a minimum.
Looks like KDNC have got a excellent deal and they won't want to miss out on upto 30% (say up to incase they need to give up some of their holding after DFS to a larger JV partner to pay for plant and set up)
All will be revealed very soon on or around the 25th Aug, watch out for the leak and large buying to start in anticipation of the Zulu DFS money rolling in GLA

Does everything needs to go to the wire ? as you say it's a deadline date it could come well before

Webinar tomorrow for KDNC and a lot of big buys going in hopfully this will increase again today GLA

Thought he said RHA is pretty much ready to fire back up. Grades are excellent underground, the drilling will be of open pit and will consist of shallow drilling of the surface at intervals to map out a better understanding of open pit and extract better grades a series of deeper drilling will also be done. GR should have the contractors already on site and drilling.
Interview suggests excellent price for the drilling so win win ATP price is rising have also requested through the private board to see if the website can show the latest ATP price, may well be on our sales and not daily but still a good indicator for the calculations already done on the spread sheet as to what month revenue is GLA

Just seen that mate, not stated in the RNS so who knows

Shares will be seen on the 17th August

Just thinking out loud.

Know one knows if it is a institution investors behind the hole amount, this been the case would the MM have tried to forward sell the share to make a quick profit but if there ain't any shares coming as they have already found a home that means the MM have a rather large short to close ...........

Would explain why the MM didn't drop the SP below the issue price of 0.18 so they where making 0.01-0.02 on every share.

Hmmmmmm might have had one to many ! But always worth a second thought GLA

http://www.chronicle.co.zw/pam-works-on-tungsten-mine-reopening/