Member Info for cherryburn

Quag......do you not realise that there are hundred of millions shorted at higher levels now being covered. Ask Shore Capital but I doubt that they will pick up the phone for you.

And today on the ASX 926k shares traded with an intraday high of 82.5c which equates to 41.6p. Where are the UK buyers today ?

Probably sub 0.02 trades today or tomorrow down to 0.018 later this week. At least GR and the rest of the feeble BOD will still be stuffing their pockets with fees.

OLD news from 21 January and just parroting what GR said.

Robleo...I believe divi declaration is set for 20 March, xd on 27 March and pay date 8 May. Good luck.

TrekMadone...The savvy buyers have been nibbling away for a few weeks now and with the positive vibes coming from SP Angel and Zak Mir , we can look forward to more strong news flow over the next few months.

Calpl65...great news indeed and largest holding in my ISA. Will be interesting to see the dividend declaration expected on 5 March. Love the idea of tax fee dividends !

Harrun......best to deal in facts rather than fantasy. Yesterday's volume of 80 million shares is chickenfeed compared with the 2 Billion shares traded on 17/1 at close of 0.028 and the 2.6 Billion shares traded on 24/1 at 0.026 close. Those that sold on those 2 days must be happy bunnies. Good luck.

Spuddy......Looking at the make up of the BOD, none of them are really promoters although competent in their respective roles as Chairman, CEO and CCO. They might be prepared to take a "below par" offer from RIO but our best chance would be for one or more serious offtake offers from Tier 1 operators whether that be from the USA, Europe or the Far East. Happy to sit tight and top up from time to time. Good luck.

Spuddy....good to see some solid buying after the 121 in Cape Town although it looks to be mainly private investors snaffling a few shares whilst still just shy of 40p. Noted that on the ASX today volume was also good with intraday trades above 80c.

Stormpiper.......hardly worth a row of beans. More likely forward sales at around 0.027 ahead of the "placing" that never happened now covering at these levels for short term profit.

And now we have the contractors being forced to take shares at 0.022 as there is no way that the mighty Shore Capital, VSA Capital or any other broker can raise funds for GR right now. All this during one of the great mining Conventions now taking place in Cape Town. In any event Fatty Cornish more than happy for RNS after RNS being processed for fees and the brokers receiving their annual retainers.

Now that the 121 Mining event in Cape Town is buzzing , it is worth noting that SVML is followed closely by not only the team at SP Angel in London (John Meyer and Simon Beardsmore) but also Zak Mir from Zak's Traders Cafe and I quote "SVML provided its quarterly report for the period ending 31/12/2024. SVML said that over the course of the next quarter, Sovereign will advance the DFS, provide updates on the rehabilitation component of the Pilot Phase, publish an upgrade to the MRE, continue further graphite testwork to support potential off take discussions and further its community and social development program in Malawi. Currently on a market cap of £230 million but given the merits of Kasiya and the backing of Rio Tinto we are surely only at the foothills of what the SVML rating should be. " Wise words Zak and hope that a few more London based investors join the party.

Jag......the fact that PREM is not even represented at 121 speaks volumes. I expect the organisers told him not to bother coming this year to spin yet more untruths as it was damaging to their own reputation. Perhaps we will see VSA pushing out the boat for GR though.

I think we can rely on VSA Capital to lay on various "guzzling events" for GR next week and ster him away from tricky questions.......just possible that GR will lie low though as I sense a few "investors" will be looking to give him a bit of their mind and worse. Happy days. !

Jag.....agree with you and it very interesting to note (as of 2 days ag) that PREM is not attending the 121 in Cape Town next week. In the past this has ben a great excuse for GR to guzzle large steaks , quaff bottles of finest Shiraz and tell the mining world what a great genius he is. Anyhow he now has VSA to tell the story !

Quag.....all those "buys" are from savvy investors who sold ahead of the placing and are now "covering" at substantially less. Would some of these be clients of Shore Capital or VSA Capital ?

Berlioz....Volume has picked up in the last couple of days. Two events that might garner more interest are the return to work by most Australians at the end of this month and the 121 Mining Conference in Cape Town on 3rd and 4th February (SVM represented) as well as events surrounding the Mining Indaba from 3rd to 6th February. This will be a big test for Sovereign and important that this Announcement was prepared in time for all of this.

Not surprised that VSA was unable to get more financing after the video. from Oxford Educated and Oriel College oarsman .RHA Tungsten rears its head once again !!

COLDSTEEL.....Have you ever met GR and had a frank conversation with him. I had the good fortune to sit opposite him at a Shore Capital hosted lunch in February 2018 back when he told me that the highly important RHA Tungsten project was in production. The quote in the September 2017 Corporate Presentation (suggest that you and a few other Roachers get a copy !) "Open pit mining and underground mining resumed. Underground development ongoing to access stopes. Recovery circuit of process plant optimised with XRT sorting technology. Ramp up to the design throughput rate of 40,000 tonnes per month by the end of Q4 2017." The only problem was that this was all fantasy at best. These are FACTS.

The Zulu lithium project was heralded as a great discovery by GR in 2017 and look at what has been achieved since...stuff up after stuff up and 8 years on ! FACT