Member Info for cherryburn

Or with Nigel on the golf links in Scotland and DT will have plenty of time on his hands if he loses this election. He will not go down without a fight and the Supreme Court will be very busy for a few months ! Back on subject , only a few more days to complete the share buyback scheme.

Piddly trades by the uber rampers just loving to see any trade in the blue. Interesting sales going through now and not surprised to see bid at under .04 right now.

When is the bid going to drop sub 0.043 ? Not soon to wait I guess.

Wolf......only 3 years, you are too generous to GR. Wonder what happened to Fuad ?

Yesterday I had a very interesting Zoom meeting with the very experienced Caledonia Mining team (Mason and Learmonth). They have completed a 1200 metre shaft to access ore below 750 metre level. Spending $20 million on solar power as you cannot rely on diesel gen sets in country. Govt. very keen to offer projects to the Company but plenty of really good gold projects in private hands if you have financial capability and proper technical expertise. Hope the "fat clown" reads this.

It is a free country and I will post on this board to show up the stupidity of the uber rampers. I have visited Zim on a number of occasions and have publications from their Govt Geo Dept which is excellent. It seems that the deepest research undertaken by the uber rampers is to listen to GR !

RedRoy.....worth looking at Horizonte with whom I had a 35 minute Zoom Meeting yesterday. I agree that it seems to be the 8:1:1 battery for choice going forward. They have Araguaia construction ready but capex of $443 million with IRR of 27%.

Charlie

Would not touch this with a bargepole . You should be utterly ashamed of yourself ramping this to high heaven for far too long. Trading at around 25% of the last 12 month high. For exploration and mining stocks I do my research through ground visits and now 30 minute Zoom meetings on the 121 Forum and Mines and Money Forum. 40 plus meetings in the past 3 months or so.

Bit like Christmas then !

Albus....you are correct on that and we hope that APF can issue these treasury shares at more than say £1.20 for a reasonable return.

Acker.........but I thought that Circum was to be IPO'd and Prem holding was to be distributed out to shareholders about 2 years ago. That was what the rampastic crowd were shouting from the rooftops !

From this Qtrly looks as if the company feels that it will be able to maintain its 80p per share dividend for the year to yield just over 6% per annum. I do not have a problem with that and getting big growth out of various exploration companies to balance portfolio.

The shares are cancelled on a buyback so not owned by the Company. In effect JT is saying I cannot find any decent royalty deals so will spend circa £5 million on this little exercise instead. Does provide a buying opportunity though , I admit.

I think Charlie was in La-La land rather than Iraq and is probably still there.

London74.....But delivered loads to the pockets of the clown GR.!!

Only another 1 million or so buys to complere this ill advised share buyback scheme. Always OK to do this in a rising market but not so clever in a falling market. There has to be a lot of low hanging fruit around for JT to negotiate and I will be talking to a few other royalty companies during the next month or so on 121 forums.

I like the expression " general working capital purposes" meaning the fat clown's salary and expenses mainly.

Looks as if only about a further 2 million to go through until this share buyback programme has been completed. In the meantime I do hope that JT and Kevin can magic a couple of inspiring royalty deals.

And Acker who says the shares held in Circum are worth c $6.3 million ? How has that company been funded over the past 3 years and what dilution will eventuate from the loans made to it ?

Spread should narrow to a couple of pence during the course of the afternoon.