Member Info for cherryburn

ColdSteel.....Come February each year GR is seen living it up in Cape Town at the Mining Indaba or the 121 Mining event there. This is the time that he spouts most rubbish about the progress on PREM's various projects and there are always new suckers to talk to with the help of Shore Capital and now VSA will be parading him around at their Cape Town Party at the Waterfront.

We do not really know the total financial mess here but I am sure that salaries for GR and other directors will just accrue until the next fundraise. If it is really true that workers have not been paid for several months it would be surprising if the majority have stayed so long. Plenty of work as taxi drivers and construction workers in South Africa and the Cape province is full of them.

But Godfrey is more than happy to take a salary plus expenses and probably thinks he is doing a good job as Chairman. Not sure if I have seen photos of him at site recently.

Very surprised that we have not yet seen a picture of George on site with a big grin on his face . Even if he purports to have produced SC6 for 30 days continuously , surely Canmax will want to test the product independently to highest standards.

Great that GR put out this RNS just at the closing bell today to effectively halt trading on the news. What odds that GR can produce SC6 consistently by the 2025 date set ? If not it is curtains. Canmax has played a blinder here and must be loving the idea of more interest racking up for a few more months.

Except that GR said he expected to put out one today. Perhaps you were unable to follow the live GM yesterday ?

Jaglith..........less than 3 hours until market close then GR can party like a maniac at the St Francis resort yet again at shareholders' expense. Let's see.

Raaydar........you are absolutely correct and less than a third of shares in issue were voted upon. so to day that "98% of shareholders "voted in favour of the resolution is total nonsense. Thick as Tewkesbury Mustard comes to mind with Quagpalm.

And a very merry Christmas to you and I am also looking forward to a significant year in 2025 for the Company. The management is undertaking all the correct steps including assisting the crop yields for the local farmers. The IFC should take note.

You have to be able to produce SC6 consistently for at least 6 months without hand sorting material but GR will be able to pull wool over the eyes of all his ardent followers. All the votes for the GM will be known to GR and the team by now.

The RNS today just reinforces what a great asset we have here in Malawi. The Company is also helping the local farmers increase their crop yields which is of the utmost importance and benefit to the country.

Tbob....I have just done some research on the location of the GM just before Christmas. Looks like a good place to splurge out on oysters and lobster before some big steaks with expensive wines to match for the Fat Boy and his close followers all on expenses naturally.

George will be delighted that Christmas is now approaching and he can concentrate on making sure he has plenty of 1 KG steaks and magnums of the finest Shiraz in the cellar not to mention the expensive trinkets that he purchased in Bond Street on his "shopping trips" recently. No need to tell pesky shareholders what is going on.

Sj74......not to worry about missing out on buying more at you entry level of £2.20. If you buy the same amount of shares again at £2.36 your average will still be only £2.28 and think about the dividends that will be rolling in over the next few years. LGEN and RIO are my core dividend plays and have nor regrets or worries on that score. Good Luck.

I feel that RIO will want to undertake due diligence to the nth degree and will want to see a DFS or BFS signed off first. What we need is another independent valuation in the 75p plus range right now. The share price is rising towards the SP Angel target price of 55p which has not changed for a very long time.

Matters are really moving ahead at Kasiya and the team on the ground must be congratulated. Undoubtedly there will be even more interest from potential offtake parties and I hope that the share price continues its upward momentum through to the finalisation of the DFS next year. A$2.00 to A$2.40 is my target price for Q4 next year. A US Govt. grant or soft loan for part of the capex requirement would not go amiss. !

So far today there have been 25 trades for a single share. What on earth are the market makers playing at ?

It really is time for SHEL to think about moving its main listing to the USA. We have a PM who goes back on his word so often and with his Chancellor they really understand the working people....add their salaries to rental income on their main residence or residences in RR's case !

Throw a Diwali Party at number 10 and serve up meat and booze and it shows how out of touch they are.

I believe that SHEL shares would rise by about 50% on the US market .

Picardy...spot on and GR waffles on about SC6 but I expect he will get SC4 on a continual basis unless all his feed is hand sorted (by him !)

Micky....."Listen to the CEO". You are joking are you not. ? Yesterday's performance at the EGM was a masterclass in hoodwinking shareholders yet again and his body language said it all. We have a lot more spodumene to discover, we have that fantastic Tungsten Mine that just needs a bit of dusting off and there are so many other projects that I have seen in Zimbabwe that PREM could benefit from if only we had the funds. FFS