Member Info for cherryburn

Since the above fund owns 1% of Sky would probably dispose of total holding in KEFI since immaterial and can use KEFI loss to offset large gain in Sky holding.

Looks a smart outfit with good new management , offtake agreements in place and will have a good following in Europe as well as Australia and the Far East. So far as I know Circum has a failed ex leader of Lonmin, below average P/E Fund AMED and George Roach !

Not suggesting anything just stating facts. Obviously his remarks to investors will be tainted by his current holding. He is obviously privy to inside information though.

And Fuad sold in the .60 range and was very pleased with himself having trebled his money. Told me at a Chesterfield event last year.

So George , out of the goodness of his heart has extended his loan until 30 November . At no extra cost or is there an additional fee for this ?

Looks positive on the face of it but do not like the Lenigas connection. At least a DFS can now commence assuming that all the necessary DD is completed satisfactorily.

tedoby.......name one offtaker that would offer finance for RHA right now. I foresee a placement at sub .12 p before that event.

And how do you think the "Ethiopian" equity investors feel ?

Fantasy.....totally agree. I have always thought Harry a spiv having met him on a number of occasions in London or Cape Town. However the projects have looked good on the face of it and for that reason started investing on the recent debt package announcement. Expecting share price to tank today.

Trust in Harry....on this news RFC Ambrian will have to rejig their share price estimates. Expecting the shares to tank to below 3p and will have to wade in again to bring my average down from 3.8p to 3.2p. One has to wonder if the debt package will actually materialise.

Please keep lowering the bid/offer prices as I want average of 3.65p or lower if possible.

Will be looking to add more at 4p and below today and tomorrow if possible. I am sure that HAA will be in Perth WA at Africa Down Under at the end of August so expecting a good Presentation before then.

Fantasy.....Yes, the total funding announcement was always going to be my entry point on this share and expected around 4p. Still a long way to go and trust that HAA keeps the newsflow coming.

Shiny....valuation right now about right since at this stage of development valuation would normally be 25% to 30% of company's share of NPV. Still a few pieces of DD required and relocation before breaking ground. I know there are other projects but market does not seem to give much value to these at present. I expect the share price to climb gradually until steady state production commences and have always been happy to await this news today. Remember that we are rather a long way off the all time high of �1.70 (before 1:17 ) when the Professor sold !

Is GR going to leave this to the last minute like last year and risk shares being suspended once again. Only 3 weeks to go !

Kabwelulu states that new mining code will be approved by cabinet today and implemented without delay. Increased taxes and royalties for starters which will probably kill off a lot of small projects.

I expect Roger to come out with "I tripped over a huge lump of lithium in the bush but the labs are still holding up the cobalt assays".

Good to bear in mind the 6.5 billion shares in issue. Plenty of room for Roger to issue more to his mates at Madini (where he is a partner !) for other projects that he should be seeking out as CEO of ABM. Where are those cobalt results ? Now looking for other battery minerals so is the cobalt dream in the same locker as the iron ore , coltan and gold dream machines ?

The message coming out of the 1-2-1 conference held at County Hall over past two days and GR needs $238 million.? Panels that comprised funds with entry tickets of $50 million plus were negative on Zimbabwe (and South Africa) right now. Plenty of emerging lithium plays in Australia/ North America some of whom have already secured offtake with Chinese/Japanese/Korean battery makers.

Badshah.......just type in SULA in "share price search" above and you will have access to all the RNS's published as well as share chat when this company traded under that symbol.