Member Info for cherryburn

Showing your ignorance yet again CF.....wages are a small part of a lithium operation and more important is transport costs. Have you factored in that ZIM is a landlocked country and Durban/Richards Bay are a very long way away. Much mining is mechanised these days and do you seriously think that this will be a bucket and spade job. Size of deposit is irrelevant but what is important is securing finance (please not through GR !) and on an NPV10 basis what matters is the cash flow over the first 10 /12years of production. That is what financiers look at as well as sovereign risk. Compare grade and especially infrastructure and location with Liontown Resources (ASX:LTR) in which I invested at the 2c placing earlier this year. Their CEO makes GR look like an utter novice.

Harry at Africa Down Under.......well he will be competing against very experienced Australian developers and explorers as well as very savvy investors like Denham Capital , African Lion and Pacific Road. If Harry can convince any of these then he might make progress but I very much doubt it. £1.70 at the top to under 1p over a decade not bad even for HAA.

CF73......wake up and smell the coffee ..trades coming in at just above .03. Gullibles sucked in higher on the GR pump and it is always thus !

Acker......suggest that what happens on a daily basis is that GR first thinks about where he is going for lunch , then dinner then contemplates how he will get the share price up a bit as he has tried very recently then pats himself on the back for a job well done. Then phones Fuad to get in touch with the oh so gullible people like CF 73 to say this is really great news.

And what happens if the proceeds from Circum are less than carrying value ? GR will want the gravy train to continue so he will vote for PREM retaining proceeds to squander on other so called assets held by his mates after he has factored in $1 million plus to himself for another couple of years. I am sure smilebore will be jumping up and down with this rise this morning but long way to go to .14p when he arrived let alone .6p and higher. Placement now ?

Electrification has begun.......wow that really brought the bulls in a sweat. GR was seen coming out of an ironmongers with plugs and metres of cable so that confirms his statement.

Also a shareholder in GNK but hope that Marstons can resist any takeover approaches for now. Good yield and mainly Brexit proof. More tourists will be flocking to the UK with low £ rates and assume that very few imported items for the pubs .

Worried that I will not now receive those lovely discount vouchers from the company but probably outweighs the gain from the £20k invested at circa £5 per share a couple of years ago. Anybody for Marstons now ?

Wolf....you are correct and got out ages ago. I do not like seeing the antics of the likes of GR and Fuad and am free to write whatever I want. Probably more sensible than that Smilebore who came on this board for a month posting total nonsense for days on end starting when the price was .14 !!

Mediocre presentation at Skinners Hall tonight and a lot of paperwork still needing to be signed off especially around the bond issue. Harry not so upbeat as usual imo. Naturally the gold price should help and if the AISC number of $800 is correct and includes everything then should be OK . Suspect that interest and depreciation are not included in above but might be wrong.

"Spanners in the works" could come from Harry's Presentation at Skinners Hall on Thursday night and especially around the site clearance and the little matter of the Bond Issue. On the other hand he could come up with a really punchy presentation and a good Q&A session. I will be there.

Paris Party time for Fuad , Fatty Cornish (useless Nomad) and Jerry Keen from Shore Capital. Doubt if GR will be staying at the Holiday Inn more like the George Cinq. This has to be the sickest of jokes yet from GR and has not got the b***s to show his face in London. Raising funds from French punters ? Non Merci.

Drop is only to .036 on a measly 10 million shares. Smilebore should be desperately chasing up GR for the fees for posting insanely positive messages over a six week period. He started at .14 so has done an excellent job.

Moljen....hey presto your wish has been granted ..sale at .0388 !

Moljen....sincere apologies but I was only referring to the .60 when I first came across GR and his ghastly sidekick Fuad.

Hi Moljen , looks like it could be this week and if so expect the pro GR toothless investor group to start spouting "time to get in" , "time to average down " and "how ridiculous the price is compared to the amazing assets the company has". All of which has been spouted ad infinitum since the shares were trading 15 times higher than today.

Demonstrates how brilliant he his buying at 1p pre con.

Pre-consolidation KEFI traded as high as 10p when sensibly Ian Plimer's grandchildren advised him to sell out. Look back at Director Dealings.

Too busy on some ASX listed shares such as TIE(gold) and LTR (lithium). The latter only up 5 times since 2c placement a few months ago. Share going up must be a novelty for you. Both PREM and KEFI have been total disasters but sure that Harry can get this flying back to 10p or £1.70 pre 1:17. Good luck.

Soley......give us a few examples then particularly in the resource sector. All depends on how the Govt. views companies and their top brass.