Member Info for Charlie1984

This is the crazy part - your not missing anything just unknown so volumes low a number of PIs taking positions and topping up but should be a minimum of 31.5p fair value in cash in bank, not including asserts and revenue which was up 9% Q1, production not effected by C-19 and looking for a JV partner for one of its 100% owned assets.
Major pipe line was approx 94% completed in February so should be there or there about. There is a lot of info within a few pages and numerous links GLA

Well if you have ever done a handover you will know how the client like to categories punches, getting there slowly but surely, the days are getting longer as more and more need to be done to reach the go no go, need gas in which is required for final MC of some of the associated packages and it’s getting hot out here.
Problem with VLU is it’s off the radar, look at some of the dogs today in the paper over the weekend if you are quick enough to get in and put you do ok if you don’t you get spiked.
Then you have VLU guarantied fair value of nearly double current MC so a easy bag. Then 9% up last quarter and possible JV partner and major pipe line opening.
Will we appear in the share section?
Doesn’t help LSE are failing to publish RNS when they are issued........
I am all good thanks, just looking forward to get home, been on camp since December 28th, getting tiring now.

Wow! No wonder this BB is so quiet!

Ok earache, centre stage is all yours.

Please carry on, far to busy with work, trying to hand a Oil & Gas Plant over from Constuction/Commissioning to Operation, as well as do my Uni stuff so you crack on.

Chinese take over!

You heard it here first ........ the stars will align GLA

Seems the MM move the odd trade out to push the book higher then the MM moves and the others step in with there allocation at a lower level, they get bought but shown to be a sell.
Perfect example of this was the other day large spread then a MM put 22p on the book, that purchase was executed then the sp dropped back to 17.5p.
I know this as a few of us where testing the MM and there book movement, the same PI bought lower before and straight after that purchase with MM putting 1000 share allocations on the book.
If you look through the buys you will see they are all blue for 1000 shares several of them but today showed them as sells.......... MM just fuuuuuking about!

Cherry burn, firstly GR issued a RNS to the market last year saying Directors would be taking a reduction/no wages this is in the public domain.
So why you so smugly ask it has been confirmed as GR was asked this email reply was published on Twitter and I have also asked that he issues a update on this as traders alike claim that this is only a life style share for GR, yet he has taken no wages in nearly 12 months.
As for the lady he bumped in to in Cape Town he has mentioned this again in his latest Zoom meeting and confirmed it did happen however is unsure why we are still waiting.
as for "EPO was ready for signature once the Mining Minister could find a pen" cannot recall hearing this statement so cannot comment.
I do however recall reading a articular from a member of the ministry stating that Zulu EPO had been granted https://sokwanele.com/2019/10/02/premier-gets-epo-for-mat-north-projects/
I can also confirm that I have also heard in a interview - Podcast or Zoom that it is just a formality thing it is away for final review and sign off as these things need more than one autograph.
We know there has been a cabinet reshuffle and a number of holidays, Christmas, two weeks public holiday (return this week ) and public holiday days, 6 months has surpassed since this time and we are expecting a EPO update any time in the Gazette, which as you will have probably guessed by the Friday predictions on this BB it is "published on a Friday" however, we know dealings with the Zim Gov to be slow so dont expect the Covid-19 to have speeded things up, possibly quiet the opposite but news paper articles again have been published that state a tactical team has been deployed to address all outstanding EPOs
I would love to go through the net and pull ever article out for you but rather than me doing all your research for you maybe you could look yourself, I hope that answers your question Cherryburn if there is anything else I have said or quoted that you would like clarification on please feel free to ask.

So Mr Chilston, what is your views here and are you looking to take enough to issue a TR-1 how heavy is your trawling going to be be to catch all these cheap shares at the bottom?

No problem guys have been here over 8 years now and this moment in time I am feeling more confident than ever, having had it confirmed that GR and the Directors havent taken a wage in nearly 12 months, this flaws all the traders stating that this is a life style company for GR.
GR has again loaned prem money (again), I think he is as frustrated if not more than PIs, lets not forget why he has been chasing NEIFF and Zimbawe Government the dilution has also been hitting his holding reduced from 38% to 8-9% (and he has added more in this time to average down) so he as much as anyone wants to see this do well.

Not a bad article if you didnt see it : file:///C:/Users/Michael/Downloads/200131%20PREM%20Presentation%20February%202020%20.pdf

I have pondered on a reply to yourself as I am also unable to understand why this SP is so compressed.

1) We have cash in the bank (£29m) which should give the company a "fair value" of 31.5p
2)Further more Q1 updates reported via RNS that the company had an increase in profits of 9%, that RNS also stated that the company was complying with the WSO and didn't forecast any reduction in profits or production.
3)Directors are continuing to buy at these levels (numerous RNS)
4)Gas Supply to the Turkish markets which have a higher price than the global markets
5)Consumers/customers in Turkey require gas, as this make up 90% of their fuel consumption
6)There seems to be a increase in coverage on Twitter and small PI groups
7)Expectation of further news and developments and possible JV partner on their 100% owned assets and interests

Reasons why the SP is suppressed
1) This company is still relatively unknown and of PIs radars, this is obvious due to reasons the following reasons IMO
a - Trading Daily volumes are low for a company of this MC
b- BB activity, regular chat very quiet which suggest there isnt a massive following yet
2)LSE fail to highlight RNS when they are published (cannt work out why this is) 2 x RNS this week neither published and no red dot for
a- Q1 Profit increase and Covid-19 update
b- Directors dealing more buying last week

For me the problem with AIM are most PIs are sheep and will follow the herd, they are not interested in doing their own research and thats why many get spiked, I am confused as to why more dont know about this share, with highs back in 2018 of $6 per share, not so long ago these were still trading at £1.45.
The company has cash in the bank to the tune of £29m so you would expect not to see any more placings for cash, they are cash generative and looking to JV partner there larger 100% owned assets.

short term target (price up to 2 months) - 31.5- 50p
Medium (within 6 months) - 51- £100p
Long term (within 1 year) - £1.50- £2+

Once the herd arrive this will move fast there isnt a lot of shares in issue and there isnt a vast amount of stock around, this is only my opinion as always DYOR GLA

No not a mate of mine and was not meaning this guy don’t know him never heard of him. I was referring to James Goozee he has already taken nearly 8% in PREM and is now showing a interest here, comical really as it was James buying the other day numerous trades and I know that as he was messaging a group I am in, so unsure when the other guy your taking about was buying as myself and a group of people I talk to daily bough 90% of those shares.

As per RNS they had asked for more time and this time had lapsed, as such GR had issued them with a ultimatum, either pay the $5m, hand back a larger percentage of RHA or we will take this to court as they are in breach of contract. This as we know landed last week.
NEIFF and the Zimbabwe government have just returned from a two week break so hopefully we should now finally see some movement as they inform PREM on which way they wish to move forward.
The Zulu EPO was applied for over 12 months ago and up to 6 months ago news press article from a member of the government suggested / stated Zulu EPO had been granted in the local New Paper, there has supposedly been a rather large back log and all that was required was signatures to finalise the paperwork.
Other reports suggest that there was a back log on printing at the Gazette of 21 days, with this in mind and the time lapsed without any further updates one could only draw to a conclusion that its close, the Gazette is published every Friday and will be published here first as this is the process they follow.
GR has also confirmed that following a RNS last year (close to 12 months ago) that he and the other directors havent been taken a wage, those on pay role have has significant reductions. He may well re-RNS this as a few traders on her class his position more of a life style.
He is unable as per last interview to disclose any further details on Circum but remains bullish that its close but frustrated that he cannt update shareholders further.
MND - We own 12% and Magnesium is flying up, gained another 20% last week. Further exposure from this would likely come from receiving a larger percentage back from NEIFF or the $5m owed by them.
Certainly interesting times, latest RNS has put Zimbawe government into the public eye and they portray to be open for business so will they want to show this by issuing Cash/ownership for RHA and EPO.
EPO also unlocks the JV partners who would be interested further in the extended licencing Zones.
High Grade Lithium and the Tantalum would cove the cost of production and the green belts are said to hold Gold deposits.
Circum still worth more than our current MC so a large safety net just need to get Zimbabwe Government to play ball.

Just shows you how unknown this little diamond in AIM bag of tricks, it is being over looked by the average PI.
Some big fish starting to take positions and accumulate, Directors continuing to accumulate with a further RNS this morning (LSE still not showing it), a further RNS land saying profit up on the last quarter by 9% and the Covod-19 having little effect on the revenue it is going to be generating (LSE also didn’t publish).
Has to be one of the most undervalued shares on LSE.
Normally PIs would be posting all day but seems There isn’t many here just a number accumulating, strangely the big fish are bottom feeding on the cheap SP before the little fish get here, normally the other way round.
Interesting times ahead GLA

For that last one google VLU RNS then click onto vox markets will not allow the links, poor that LSE have t posted these two RNS
(Admin any chance of updating the RNSs?)

Directors buying RNS today 14-04-2020

****************************/rns/announcement/32283dfc-d326-40f0-8c7b-517a6ebf9cc9

https://www.londonstockexchange.com/exchange/news/market-news/market-news-home.html?nameCodeText=Vlu&searchType=searchForNameCode&nameCode=Vlu&text=&rnsSubmitButton=Search&activatedFilters=false&newsSource=ALL&mostRead=&headlineCode=ONLY_EARNINGS_NEWS&headlineId=&ftseIndex=§orCode=&rbDate=released&preDate=Today&newsPerPage=20

10k buy gone through whats the next move fore the MM .......................... Mor games or let this finally move TSX time approaching ..........................................

Welcome back, nope just more confident than ever.

By the way will your posts be negative or positive this week.

You buying or selling which way you trading Aker lol

Biggest trader here and now that things are starting to materialise your in to minds which way to trade!

Again showing his support and his opinion on Twitter

https://mobile.twitter.com/JamesGoozee/status/1250002620003082241

As per last years RNS they haven’t been taking salaries so this life style company the traders / de-rampers talk about is BS.
Email will be posted on Twitter boooooooooom tine no wages taken in close to a year .
There you have it folk, there you have it a GLA

Who wants them only 10k remain @ offer