Member Info for Charlie1984

It’s all well and good seeing stars but we need them to be in a constellation to line them all up. What is and continues to be a bug bear and annoyance for me is there is no time frame or milestones set for anything and why does GR and the team need too, they are paid regardless. Would be nice to see wages paid at a fraction of what they are and the difference paid on actually achieving something.
Gr relying on the Zimbabwe Government to pull him out of the 5h!t because I’m sure if he wasn’t getting the cash US the shareholders would be seeing further dilution (AGAIN)
What’s the estimated time for this $6m to land 1-2 or 3 months? Even this we don’t have a time frame on GR needs to set some targets and tell the market and PIs what the plan is, some day, maybe isn’t good enough.

Will we see a confirmation RNS tomorrow to really hot things up for the bank holiday weekend or is this to much to ask ?

Defo a large order getting filled being offered 0.1075 for my full holding make of that what you will !
Do a dummy sell on a large amount and see for yourself GLA

Down 8.7% on hardly any trades, looks like the MM are fishing, do they have a large buy order to fill, one thinks so ! GLA

Keep an eye on the trades, always a good sign of any leaks in the market news

So no update or RNS - Yet given the fact that this was apparently signed of yesterday it will need to approved, reviewed and RNSed, Friday isnt a good day for an RNS unless they put further updates to follow and with the bank holiday weekend, will have everyone climbing over them selves to get in - lets see GLA

Believing nothing till its in black and white and RNSed had the same email but seen and heard things before and been stung every time.

Code 1
Spread shortening
SP in the blue

Hopefully a good sign, a better sign would be a red flashing dot - GLA

Getting off early, Friday rather than Monday, if they can catch up with the seven chopper flights they are behind it’s going to be a long weekend in more ways than one and one that PIs will be hesitant to be out of, it’s been a long time in the making or should that be coming, so you don’t want to miss it GLA

I would expect it will hold up well if not climb in anticipation of the news deadline, should news not arrive on time or before the deadline date I would expect to see this to retrace there after so lets hope RNS Thursday, Friday or Monday even a RNS stating the day they expect to receive the funds if there is a slight delay..............

Working trades 10m and 5m both buys don’t be fooled MM playing a blinder

If we take into account the MC of this share when RHA was without it plant equipment and operational mine we where some £38m little to no drilling at Zulu

We now have a MC of £8m a mine thats 98% complete all plant and equipment paid for and we have a decent estimated resource in ground at Zulu from drilling and the current drilling program will increase this further and with in a year we should be at DFS for the main body of Zulu, I say main as there is a potential to extend the licencing boundaries like Circum and its Potash Zulu has the potential to be the biggest lithium producer on the world scale and a lets not for get the cash injection of $6m (£4.63) some 58% on current MC in cash plus a re-rate back to a minimum of £38m 450% of current MC and the foreseen potential and value of Zulu and the up and coming DFS.

Easy to see why there is a lot of PIs and LTH holding as the potential to break 1p imo very quickly is a possibility with sentiment and market confidence.

Recap

450% rise puts us back to the highest MC with out plant at RHA
58% on cash injection on increase of $6m cash on MC without the potential increase from what can be achieved with it
Unknown % increase added from Zulu drilling once the drilling results start to get released and then in anticipation of the DFS

Funds unlock all this MASSIVE re-rate coming OIMO but I am sitting tight and can personally see 1p - 1.5p on the horizon very shortly.

Didn't mention it, nearly forgot Circum cash windfall 5.2% Stake in the worlds largest Potash mine minimum face value $7.5m potential discount sale to investor £30m or hold and see what returns we get from production and profits, this investment can only increase.

Lots to think about, the waiting is nearly over, RNS notifications set by PIs sat on the fence waiting, PIs will be piling in here on news, current MC and SP super cheap and an absolute give away.

GLA

Cat and mouse

others might call it

Haggling

Granted but the C+M last year was down to GR playing cat and mouse in order to gain a 90/10 split, laid of all the local work force and more or less said give us the half the money we have spent as your a 50/50 partner or give us the additional 41% as we aint spending any more cash.

Zim government then agreed on the £6m, PREM to receive payments to clear its loan account and then for a split. Without the cat and mouse we would have seen more dilution to get Zulu to DFS while RHA stood in C+M until agreement is reached.
The company also need to be careful that they can prove they are progressing their assets like any-other company operating in Zimbabwe the asset licence can be revoked so its ok pushing the government its another knowing how far you can push.
The wait and the $6m USD is the best outcome, the other option could have seen another 50% dilution for Zulu DFS and operating costs

Why not, lets think about it logically.

The Zimbabwe Government wants to attract investment in order to increase their own revenue.

One way to attract investment is to be seen to be operating with the investors interests to hand.

RHA is very, very close to production, they know in a matter of months PREM will be turning a profit and before long they will be paying them 50% split of profits after the loan account is repaid.

This also releases equity and funding to continue drilling at Zulu to get it to DFS, why there is no split with the government they will make from the local taxes on export of the lithium. So in turn will also want to see this ASAP

They also know when cash gerenative prem has other assets that will also increase their revenue if taken into production. They also have other mines and exploration areas up for grabs and know how much GR loves a bargain.

#alleyeonthezimbabwegovernment
#theworldiswatching
#countriesandbigplayerswatching

chippyjo - but it is super shiny and one of GR nicknames is magpie, he loves anything or the thought of anything shiny

Don’t you worry about people buying in, this share is on a lot of radars a lot of people have got out the majority with a loss some lucky and have gained but the first sight of the £6m and sentiment and belief will be straight back with PIs new and old wanting back in to make some gains and make up for there losses.
I have seen hundreds of posters come and go and they are still floating around on other stocks, PIs follow the money.

Fully funded cash in the bank very very close to profit and Zulu drilling ongoing PIs will be crazy not to take a early position a lot of stick held by current LTH and PIs as well as GR and his family and friends.

Who buys 33m shares in a stock that’s fractions of a penny that’s not a whim thats someone with their ear to the ground, let’s see

Ideally I would like to make a profit then top slice, to be in a share so long and be so far down to then sell when breaking even seems some what crazy. For this share to break even for me will mean it’s heading on the correct direction. If RHA is on production and Zulu DFS is completed and what we believe to be in the ground is, this share could be in the £100s millions MC. We still have the joker that is Circum that could through x5 x6 of the current MC easy maybe less maybe more who knows.

I’m not going to lie looking at my share account and seeing green would be amazing I also think seeing the total money invested in or lumper would also be difficult to look out with out wanting to with draw some for safe keeping lol hopefully news will land and the rollercoaster ride that’s been on a downward spiral will now start to gracefully rise before giving all us PI a very long and smooth ride north gla

Everyday has always been a day closer Smilemore, difference is it hasn’t made the wait or the decline in investment any easier. Some what frustrated but believe in the assets.
Circum wrong move for me but it is what it is and the windfall could be game changing.
RHA well it’s been a long time in the making we are 95-98% there and dept free plant paid for and ready to rock and roll once funds land.
Zulu is the big one here for me Lithium is the new oil it’s getting big and only going to get bigger RHA profitability and Cash windfall from Circum could see is DFS and play for part of the plant and equipment meaning a smaller percentage to a partner.
I’m a gambling man £67k paper loss but hoping that won’t be for long hoping to back in the green in the next 4-6months GLA

That’s right these people just cannt help them selves was always told if you live in a glass house don’t throw stones

Where have you gone, admin caught up with you again ?