Member Info for cherryburn

Badshah......suggest that you undertake your own DD and see what the company (formerly known as Sula Gold) has achieved in the last three years. Arrange to meet the CEO Roger Murphy at his London office and make your own decision. I met him at Mines and Money in London in December 2016 and decided to avoid.

According to the Times today (Page 32) ebola outbreak in the DRC and the government already calling this "an international public health emergency". Not good news.

Absolutely pathetic volume this week but must be the bankers all falling over themselves to seal the debt and equity finance. Obviously brains being sorely tested near Blackfriars as well.

CBB The Nomad is a disgrace for sure. Probably on �40k per annum for letting GR spout any old nonsense.

Valhalla , I am now a doubtful starter having twisted my ankle this pm. That said I will try to get to Waterloo and take a cab from there. There are a number of speakers that I want to hear from apart from GR !

I am going on Saturday and will be there at the open. Free tickets have been available for a few weeks now. Any questions that you would like me to raise with GR. I met him at a private dinner in Cape Town in February 2017 and dipped my toe in at around .3p. with 10% of my intended investment. Waiting to throw in the extra 90% soon but want to see his body language first.

Entered around 500p in late November before results. Happy to hold although had I been a trader I could have bought/sold/bought again. Dividend yield is still attractive at 556p but better at 500p. Like the target price set by Liberum. Hoping for a warm Spring and long hot Summer now.

Placing with Novum Securities soon to become the bucket shop of choice for c*** companies where the London team of Beaufort Securities has slithered away to. Read what Tom Winnifrith has to day about John Belliss.

wondergoals......have you misinterpreted "seeking to mine in the platinum rich country" ? The whole world knows that Zimbabwe is heavily endowed with PGM's. I believe that one should read that article excluding the words "platinum rich". No doubt GR will be able to explain on 21st April as to how he is going to have the majority of his shares listed on the Zim stock exchange.

If HAA needs to come to the market for part of the final equity package then staring down the barrel at 2.5p or less. Sad mess.

Will have to weigh up against other opportunities in the mining space at that time, whether private or public companies. This is taking a ridiculously long time to get finance put together.

The longer HAA delays putting total package together the more likely that this might trade sub 3p. Keeping the faith that this might happen. There is a good reason that Ian Plimer stepped down quite recently and the fact that he is an advisor to Gina Rinehart speaks volumes.

Rather pathetic twitters from Roger. He is at base 1 on the cobalt project in the DRC and trying hard to convince that this is the real deal. By the time he comes to an indicated resource, let alone a PEA or PFS ,cobalt in EV batteries might be "old hat". Good that he has enough millions of $ to throw at this.

Possibility that this will get reinstated until "peaceful" elections have taken place.

Hardly surprising is it. C'mon Roger when is the next fundraising ? I expect your brokers are itching to get a placement away at sub .05 p. But there are others out there shaking the tin soon.

The bankers that were falling over themselves 2 years ago to finance will be totally wowed by Harry's latest Presentation.

Well, at least Harry has brought in some interesting executives which I suspect were ordered by the bankers and potential bond holders. Could get interesting but still need to see the total finance package. It would be positive if some of these new execs bought a fistful of shares in the market.

If you have a decent gold project in Africa and "proper" management from the top down it is amazing what you can achieve without having to resort to silly financings. Last week Toro Gold poured its first gold from its Mako Mine in Senegal and mine build came in ahead of schedule and below the capex estimate of $158 million. Producing 135,000 ozs per annum and fully funded by private equity. Have met the team on a few occasions as they are looking to add to their portfolio.They might list this year. Keep plodding Harry.

Because HAA says so ?

In today's Proactive note I see that RFC Ambrian foresee a $25 million equity raise at 3p . Will be interesting to see if they are correct or whether HAA "no dilution at company level" prevails.