Member Info for cherryburn

Especially with the shares at just over £1 a pop for a historic yield of 6% right now and possibility of a raised divi this year.

Nobody knows how long the current yield of c 9% will be maintained but for the time being I have faith in the team that it can produce some more great royalty deals.

I agree that the Company should continue to buy at these prices around £1 and as you say save quite a bit on dividend payments. Declining prices bring out sellers and there seem to be many willing to sell down here looking for the next best thing ! Am I happy to snaffle up around current prices for a c 9% tax free yield in an ISA. You bet.

So have you spoken to Circum directly or "out of the loop" PREM ?

Hey big spender , you may well have bought those shares but the MM's were happy to SELL them to you. That is how markets work generally.

Not always a waste of time but this one seems to have been handled poorly. So about 1 million bought back so far and maybe another 3.5 to 4 million to go ?

Especially for shareholders in Caledonia which has demonstrated how to run a mining company to highest standards and with plenty of cash to invest in real assets. Obviously very much in favour with the powers that be in Zimbabwe.

With the clown at the helm of this company , whatever cash is received will probably go on chasing more dreams so long as enough remains for him to pull out a ridiculous salary for another 3 yrs for achieving nothing. He has zero input into Circum so does not know how much PREM will receive at IPO or Pre-IPO stage.

So a liquidity event before final reports in Q1 2021. Only in the world of GR could such nonsense exist.

Jonjo another complete dimwit added to low IQ incapable of keeping up with world events. Dozens of hydrogen fuel cell buses were put into service this year in Zhengzhou China.

IQ...you are such a dimwit. The first two hydrogen cell trains built by Alstom began running in Germany in September 2018 and that was just for starters.

View the1 year chart though which paints a picture. Not worried as I have been accumulating sub 110 and sub 120 and divi looks safe. Even when holding shares it is OK to question executives and I have spoken to JT a few times over the past 3 years at various mining conferences.

Even in Zimbabwe you need to prove technical capability and financial resources for granting of EPO and even the clown GR knows this. Circum is a red herring at the moment and suggest you email that company directly and speak to one of the executive directors there. Luke Knight ? He might be able to give you a copy of the IPO Prospectus !

This share buyback program is all very well but the market needs a decent new royalty or two to give this a kick in the right direction. Spending funds on a share buyback almost says" we have run out of ideas at the moment "

Well how much money is PREM losing on that investment ?

It could be difficult for GR as he will have trouble with the millions but certain that his useless Nomad might be able to help for a fee. Hope the auditors are happy with their Q and A session with the clown and should be revealed sometime soon.

Knowing GR , IF he is going to release AR today I suspect that it will be after hours in any event. If at 7 am today then plenty of time to digest the implications.

The auditors might be prepared to sign off the delayed accounts with a "Going Concern " caveat but I expect that even GR will be trying to avoid that with some bull**** story of massive funding just around the corner.

Mol....seems that the truth is really coming home to the uber bulls in this stock. Dispose of the clown which would save the company a fortune and let somebody that really knows their way around Zimbabwe and there are plenty of well trained local geologists in country. I met a number after visiting the Mines Dept. there many years ago.

All the promise of lithium here there and everywhere is total bull**** until you have funds to drill out a good resource with good grades. Over the past 30 months , Liontown Australia (ASX:LTR) has gone from 2c placing to just under 20c today ! Difference is that the market rates both the management and their spodumene deposit very highly compared to the clown at the helm here.