Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Agreed. Its West Lunga or bust. NvS is approaching 2 years as CEO, and his performance appraisal so far isn't a good read. SP pretty much back to where it was when he took over. No deals with a major, no mother lode deposit discovered, and no shifting the DRC gold asset. Won't be long before there is a coup in DRC and Zambia and the whole thing goes belly up.
Topsharepicks, I don't think sentiments can get any lower than they currently are given where gold price is and where the SP is at. However, I am wondering if the black sap assay reports are still pending, or have we already received them? Given that the FO have topped up, the next step is to give them the opportunity to turn a profit from the SP going back up due to change in sentiments, but not necessarily due to receiving confirmation of the oft mentioned discovery.
Feeks, during the July 31st call the CEO said "we've seen evidence of some black sap, black saprolite, which obviously is a positive, but we'll see what the results come back as. As soon as we have them, we will announce them." So are we still waiting for those results, or are they the ones published recently which caused the disappointment? The CEO should have been clear and specific so that the market know what results have or have not received.
Come on Bloodshot, rather than worry about my trading habits, worry about the erosion of shareholder value, hence your investment if you still hold. Since the CEO reported black sap but failed to deliver the grades to demonstrate a black sap discovery the SP has been digging a hole to China. I think I have done well not having to sit here watching my investment decreased daily. If you are happy to see that happen to you, then I question your motivation.
H, it doesn't take insight to see that we are going nowhere fast. It's a rum day when even PREM is having a better day than Arc!! Topsharepicks hit the nail on the head. The CEO promised that he would not drill in a butterfly manner, yet that is exactly what he is doing. Going from target to target in desperation to find the mother lode. Cheyeza East had amazing ppm soil sample results, yet the grades are not in line with the soil ppm. Doubtful other targets with lower ppm than Cheyeza will magically produce top notch grades. We are in for a world of pain and disappointment before the next rainy season.
No, it's not you. I guess they are busy moving drill rigs, and perhaps they are not bothering to publish any further assay reports from Cheyeza East. Next news will be from the 2 new targets. It would nice to think that no news is good news, maybe a deal on the gold assets, but I doubt that is this case. We have been given the carrot of the company being eventually taken out. So we are now expected to sit and wait for that possibility.
I can see that you are looking to start a new round of abusive posts:) I asked "what happened" do you know what happened? Do you have an answer why after 1 year the gold assets till haven't been sold? Why Andiamo was eventually sold for half the originally reported sale price? I doubt it. With only 14 posts, I doubt that you was here 1 year ago when the planned sale of Akyanga was being dangled as another carrot. Seems to me you bought high, and now looking to blame someone for the current SP. Next you will be saying I caused the SP to fall:))
I think you summed up the current situation quite well Jerry. Gold assets at this point means nothing if it isn't monetized. Until then, PIs will have to foot the bill for continued drilling, even with the DFE program in place. What happened to the Chinese buyer who said, get more than 2M Oz and we' be interested a year ago?
Be happy to G. For some reason, certain Posters, 3 to be exact, think they own this BB and try to bully others they disagree with and resort to name calling when they are unable to put forward an intelligent discourse. Look how they savaged Topsharepicks, Jeremiah, Franco and many others in the past week. I don't think your appeal will be heeded by them:)
I think some daring Adventurer should get on a plane to Zimbabwe and check if Zulu, other than the name of a tribe, actually exist before putting more money into this company. I admire your front CF. How can you in good conscience talk about this share when it has fallen from 1p to .027p while you have been ramping it? How credible is that?
"Your welcome to visit here anytime and if you want me to introduce you to a Filipina, either naughty or nice, thats no problem. Beers cheap as water so as long as you dont mind only having a choice between san miguel and san miguel light im up for a session or two."
Sound like a peddler to me Bloodshot, the only only thing missing from the above statement is your fee:)
Agreed Topsharepicks, we have bigger problems to contend with given the current SP. Not many months left before the rainy season start in Zambia. Hopefully, we won't have to wait until next summer to get the West Lunga results.
G, those who want back in don't have to do anything to lower the SP. All they have to do is wait. Failure to delivery black sap grades is doing a great job all by itself to lower the SP to a level where Traders can get back in. The real issue is, how low will it go, and when to press the button. If Lumbeta and West Lunga don't live up to expectations, then God help us all.
Bloodshot, I am not about having posts deleted. You state your belief and opinion. I don't have to agree with them, but I respect your right to post them.
Bloodshot, please explain why the recent grades didn't reflect black sap and sulfide expectations, then I will view your posts as more than blind faith.
Is the black sap assay still pending? With such a large ppm soil sample results, why are the last set of grades so poor? Answer those queries, then I will take what you post seriously.
NvS and his new Team were meant to bring change, and herald a new age of prosperity. It is concerning that circa May 2018 NvS indicated that he has a Chinese buyer who is interested in Akyanga if it exceeded 2M oz. July 2018 3M oz announced. Aug 2019, gold assets still not sold. I assess a CEO by his/her ability to execute and deliver. I am struggling to see what NvS has delivered since taking over? Took over more of Zamsort, formed Zaco, successfully carried out raise after raise, all the while diluting PIs. Yes, he sold Andiamo, but for half the price he originally said that he had a deal for. After almost 2 years in charge, I'd like to see 1 solid accomplishment which add value for those PIs who held and didnt trade the share. Only Traders are making money here while longs get slowly diluted.