RE: Chip16 Mar 2019 22:37
No smile, what your trying to do is control the board here to suit your agenda.
You’ve questions people’s motives, character, investments and mental health to discredit what they post.
I have no need to like or hate gr, actually I find him resonably affable but that doesn’t but cash in the bank. And the honey badger deal shows he has not changed his modus operandi much like the double pincer movement fund raise just done has shown.
The assets are worth less than the market cap. The plant is worth less than we paid for it.
As for the Bara report, the economics in there weren’t that appealing. The only difference being if the zim G stump up the cash.
What should GR do, ring fence circum to shareholders in full. Get RHA up and running with zim cash if it comes. Cost and raise ring fenced money for Zulu using KME and also costed for third party driller which ever is the cheaper to DFS.
Forget badger and resolve the excessive wages in whatever form they are taken and instead link resume ration to mcap over a set period of time in phased stages. No company performance? No cream for the fat cats...