Member Info for cherryburn

At least we know where GR's priorities lie and that is making sure that his salary is paid even if some in shares. Lithium in Zim under GR or Lithium in Australia with proper geologists and insto support ? Liontown raised over A$6 million a couple of months ago at 2c and some in London and now trading at 11.5c so I think I made the right choice in backing lithium plays. Get GR out of this and get proper geological and drilling expertise in.

Oh come on smilemore you have no hope of exerting any pressure on GR either on your own and others. I am a bit worried about your love in with another shareholder who could be Fuad ? Anyhow will ask your teacher to give you a gold star for effort tomorrow morning. 1100 plus posts is worrying.

Very good point kelladee but watching GR will do no good as he will continue to do what the hell he wants without any regard to shareholders. I have watched him 3 times at close quarters , once at a Shore Capital dinner in Cape Town and twice at presentations in London. My take is he is very shifty and even if you watch his body language in interviews there is a lot going on with shoulder twitching etc. Lithium is a good place to be but I believe that spodumene in Australia with a good management team is the place to be. I have been in Liontown (LTR:ASX) for the past couple of months and that company continues to drill out good grades around the 1.6% level. I am a past shareholder in PREM though and took a small loss.

Mushty.....just as likely the boys in the know in the City who met with GR when he was in London. Selling ahead of a .07 or lower placing not entirely out of the question. GR would not need to come to London to meet with other shareholders in Circum since AMED has an office in Cape Town (David Twist there until May ).

Piker.....agree that it is a disgrace that the BOD put out a very upbeat RNS expecting that this would suck in the punters, all the while knowing that they had already subscribed at .135. How AP and RT must have joked about this. Do they give a monkeys about their shareholders ? Only looks good if you hold the share price graph upside down. Not long ago .65.

Those shareholders that bought shares yesterday after the company announcement (all is rosy in the garden !) might have a claim against the Directors or more importantly the Nomad and/or brokers. They would ALL have known about the placement today and were probably guilty of creating a false market yesterday. All in my humble opinion.

Did Pitchford buy it by any chance ?

Only the small matter of the $160 million bond issue , for which prospectus not yet ready to go. Looks as if the "relocation" which was supposed to have taken place 2 years ago will start soon. Not surprised that the market is underwhelmed by this RNS.

Minro.....that as well. GR just loves picking up any old "asset" in Africa and then wonders why the company piggy bank is empty. Meanwhile ASX listed companies raise millions of A$ at one swoop and get on with real drilling campaigns, followed by PFS and onwards. Lithium in a landlocked country in Africa has its pitfalls and the Japanese, Koreans and Chinese will be all over these Australian companies. Next fundraise for PREM sub .07 perhaps?

Unfortunately a large part of this fundraising went to GR and cronies in salaries and benefits. It was ever thus.

Chippyjo......highly amusing and I am sure that the "loved up" pair Smilebore and Napom will congratulate GR on this piece of pure fiction (apart from the shares in issue 4.5 years ago )

I have a lot of respect for Peter Rose of Brandon Hill whom I have known for a long time. His short note is valid.

Smilebore.....the love in that you had yesterday with Napom was enough to make me puke when I read it this morning. Keep it up and you will get this share even lower.

Saturday not yesterday. !

Mick....hope you made the effort to get to Westminster on Saturday and have a good chat with HAA ?

Yes....I enjoyed the Investors Show at the QE2 yesterday and managed to listen to a very smug presentation by Andrew Bell and had long chats with HAA of KEFI and AP of VAST amongst others. HAA was quite relaxed and just waiting for things to fall into place , mentioned that his missus had moved back to Melbourne. Movement of locals will take place in 2 stages and compensation packages have been agreed and locals seem happy with this. Prospectus for Luxembourg Bond is not yet complete but has to be done just to satisfy the 2 or 3 parties taking up this issue. Will not be available to trade though.

As a non investor in KEFI I will be attending and catching the train in next hour or so.

Not invested but it is folk like HAA here, the gang at ABM, Pringle man at PREM, losers at VAST etc. etc. that are giving AIM a bad name generally. I am advocating AIM tiddlers with mcap at less than £10 million being shunted to AIM second or third tier so that properly run AIM companies can remain in the first tier. I have good reason as invested seed capital in a company coming to AIM later this year with a cash generating mining project. I am discussing this concept with serious brokers and the Stock Exchange authorities.

Harry has been spouting that nonsense for such a long time. When this share was at 6p before 1:17 consolidation he was saying that KEFI was a share that would turn every pound of your investment into £100. Unfortunately from the 10p before 1:17 consolidation he has managed to turn every £100 invested intro £1. Brilliant !

If a problem with current auditors suggest a change to Grant Thornton of Patisserie Valerie fame who will sign off on anything as a going concern. Will the next placing be sub .08 or even .07.