Member Info for cherryburn

Shazabo....I doubled down here sub 40p so now just above break even. I still believe in this share especially after the recent deal. "Garden pubs" will always survive and thrive but I fear some will never re-open but I believe that many of those will be revived as housing projects. How valuable is this land bank ?

Magoo....you have shown your true colours once again and are unable to answer simple questions so I take it you have never met GR face to face , have never visited Zimbabwe and have no contacts on the ground there. But please keep listening to GR who loves suckering people in on webinars .

With Brazil unable to meet its programme of exports of iron ore to the Far East and elsewhere , the price of iron ore has jumped above $100 per tonne and looking forward to seeing the impact on the next set of earnings in early August ?

With Brazil unable to keep up iron ore shipments to the Far East and elsewhere the price of iron ore has jumped above $100 per ton which is why RIO is moving higher. Looking forward to seeing the impact on the next set of results.

And for Magoo.....Answer these ....When did you last meet George , when were you last in Zimbabwe and how many contacts do you have on the ground there ?

AKA.....off topic but I think that the "R" numbers are currently two weeks out of date and are due to be updated today. I wonder why the SNP has been reticent about commenting on the DC story , perhaps something to do with loudmouth Blackford trotting off to his second or third home on the Isle of Skye during lockdown.

Back to BP....although I have a small holding , looking to increase substantially around the 300p mark for a long term hold and secure dividend play. $35 for Brent Crude is a start and expecting this to retrace to around $45 by early Autumn.

Interesting that you mention Barnier......arrogant fool in my book. Apparently the French Intelligence advised against the French/Chinese collaboration on setting up labs in Wuhan Province , specifically for the purposes of looking at virus situations. Despite these warnings Barnier was at the forefront of going ahead and it seems that the Chinese were none too keen on French personnel inspecting. If the rest of Europe wake up to this potential scandal I think reparations running into trillions of Euros should be coming from France once case proven.

What you were told in a webinar !! Anything said in a webinar by GR is absolutely worthless unless backed up immediately by a properly worded RNS. If GR is giving away inside information during a webinar and you are receiving it and acting upon it (including passing on such info to others) then both are guilty of insider trading which is a criminal offence.

And it would also seem being done as part of JT's divorce settlement !

Hope nobody disrupts the final dividend payment but will be more interested in any forward guidance for the rest of 2020. If positive this will be a great long-term investment and will top up holding below 200p.

I agree that CDI is a great place to operate and have been invested in Tietto Minerals (ASX:TIE) who have 5 company operated rigs going flat out to update resource from 2.1 million ounces to possibly 3 million ounces by Q4 this year. IRR has ground next door but now needs to spend serious $ in the ground. IRR shares traded at 28.5p in June 2018 so needs to get cracking drilling in this gold bull market.

Having met Harry a few times in London and Cape Town (very unimpressive) and watched this share fall from £1.70 (pre 17:1 consolidation) to current levels I believe that the most likely outcome is a bid from a gold producer since current BOD led by Harry is useless. It could be of interest to the likes of CEY , AAZ or other operators in Africa. For that reason alone I have decided to take a punt expecting a double.. A year ago in London at the UK Investor show , HAA informed me and others that the Resettlement Programme was about to start !

RIO is an excellent company and one of my major holdings (for many years). Iron ore prices and coking coal prices on the rise since China opened up for business once again. I expect a couple of well timed acquisitions in the next 6 months. Divi might be cut later this year but very much doubt it.

At least two NED's surplus to requirements I would have thought.

Fevertree....£30k per annum would be about right but he is actually getting closer to £360k per annum whether in cash or shares. You can be sure that the BOD will be getting their next swag of shares at the RAB Capital placing price.

The world needs coking coal to add to iron ore to make steel. You may not like it but perhaps we should all go back to horse and carts, wooden bridges and the like ?

Hawai......Winnifroth will keep quiet about this placing surely. Perhaps his mates EKnievel and Lucien M were aware of this RAB placing coming ?

Hey FAZ.....you need to go to Specsavers if you cannot tell the difference between green and red ! Market seems to not like the RNS too much at present.

I agree that there needs to be a shake up on the BOD and awaiting results on 12th May with interest. Looking to take a position and prepared to pay higher price than today if there is some positive guidance.

Graham.....in case you did not know profit does not equal cashflow so you can be sure that the amount coming to PREM for its holding in MNH could be very small.