Member Info for cherryburn

The event at the Meridien Hotel will give GR plenty of opportunity to have his photo taken with Minister of Mines shaking his hand...GR interprets this as all systems go for profitable production. Minister interprets this as " Who are you and where do you get those Pringle shirts man ".

As always very soft interview. Shareholders with deep pockets Dattels blah blah blah. Nearology blah blah blah. Angling for the sympathy vote with flu symptoms.

Or maybe even some physical uranium. Expecting to see trades under 2 soon.

RY presenting at the Geological Society on Monday 26 November if any of your LTH's want to congratulate him on sterling progress over the past 6 years plus. !

We have today and no surprise that they are totally dud. But wow...Roger is very excited about what may be in Cameroon. I think he used similar gushing tones on everything else in the past couple of years. Remember Sierra Leone with a target of millions of ounces of gold ! Total disaster zone at present.

Surely the Oman SWF would have undertaken very serious due diligence on this project before jumping in all guns blazing ? Certain that this will come good eventually but not investing right now.

RY just drags this on and on at a snail's pace and so long as he receives his regular pay packet no worries. Good luck to all who believe that the PFS is due in next 4 months.

And who the hell is Michal Foster ? The NOMAD , broker and Michael Foster himself should be ashamed that none of them picked up on this. Why bother to read your client's RNS when you are only pulling in £50k plus per annum. George will be over the moon that he does not have to convert at .24p. Suspect we will hear nothing of importance this month as he will want to get loan conversion on the best terms for himself.

Having a massive deposit of anything is totally meaningless unless you can get to market at a decent price, make a good return and pay shareholders a sustaining dividend. So a 500 year plus minelife is great ! If the IPO is set at £300 million then that might cover some of the equity required to contribute to the huge debt requirement to get towards production. The current 5% holding by PREM will be massively diluted on the IPO and PREM will be locked in for 12 months plus to boot. All IMO of course.

Do you really think that the people running Circum will let GR anywhere the top table. ? By the way when is the IPO exactly.....?

You want SOP not MOP. Capital intensity of the Colluli deposit is $640/t in Module 1 and $428/t in module 2 averaging $534/t , considerably lower than that of Circum.

Not to worry

Nobody knows at this time but the Colluli deposit owned 50% by Danakali UK and Enamco is worth looking at for comparison purposes. The BOD looks very impressive , 10 year offtake in place with Eurochem ,( multibillion turnover fertiliser producer ) much nearer to the p[ort intended for Circum with much better alternative in place. Does Circum have any of the above or even proven SOP and SOP-M products. ?

UK company has a market cap of £110 million at present. Suggest that Circum stake might be worth £5 million at best currently. Does Circum have the following ? Binding offtake, all material permits in place, 200 yr mine life, simple, proven, low cost processing, very favourable logistics, expansion, diversification and multi-commodity potential etc etc ?

Perhaps some of those "investors" on here could clarify please.

So an existing shareholder decides to lend funds to KEFI on what look like good terms followed by the two HAA monster RNS re Saudi Arabia and massively extended land package at TK. Of course there is absolutely no chance that HAA had these later RNS drafted is there ? Hilarious stuff ! Now trades at 1.55.

Harry.....suggest that you walk before you can run. 2 RNS in last week which, on the face of it, look encouraging but market just ignores so far.

As CF says most likely Tuesdee so anytime before Christmas or not.

Page 18 of the Sunday Telegraph today "Financial ruin looms over Zimbabwe again" demonstrates the basket case that is modern Zimbabwe and needs to repay £1 billion that it does not have before it can approach the World Bank or IMF for funds. However I am sure that GR has a cunning plan to sort this out for Mnangwagwa. Meanwhile expect Chinese to arrive with wads of cash in exchange for mining licences that they choose.

Take your choice amongst the overt rampers and especially anyone that purports to have spoken to George. Fuad trades and he let this slip at one of the Proactive presentations. Out at around the .55 level.

I attended a mining masterclass at Simmons&Simmons on 1 November and generally the panel were still wary of investing in Zimbabwe right now and "open for business" is not what it seems. I hope that GR manages to pull something off other than his Pringle shirt. Does anybody else have the feeling that Fuad posts on this sharechat board ?

Even a broken clock gets it right twice a day.....GR has managed to get his patsies to ramp it ahead of the amazing RNS that we are due to see today before COB.

Plugging the gap in the company finances and issuing shares to unnamed party .