Member Info for chippyjo

Fund raise away

https://youtu.be/KrVE36z75Po

Woof

To be fair Bumble, Bond has led investors up the garden path with his words in the past and we have little in the way of a tangible product to show for it.
The funny thing is, IF the product is ready, the news black out has certainly scared off some who may had held on.
There will be carnage at the AGM if there is precious little progress to report.

Was that the same Justin show that posters said would never have him on again after the "no raise today" comments. But hey, he didn't say no raise tomorrow. GR he's a cad.

Nap, I has to be said that there has always been a disconnect between what george says and what happens.
The day his promises come true will be the day I change my negativity on PREM and the languishing assets will get the attention they need.

From an article today.
Zimbabwe imposes a plethora of exchange and capital controls on its citizens. Under these exchange controls, private individuals, traders, and companies must seek permission from the government to buy, sell, and hold foreign currencies. So, neither the old Zollar nor the new RTGS dollar is freely convertible into a foreign currency. In consequence, a black-market (read: free market) exists. Indeed, whenever there are exchange controls and restrictions on free convertibility, black markets always appear. At present, the black-market rate is 5.75, which represents a considerable premium over the official rate of 2.50 RTGS$/USD.
Actually won’t concern prem re internal spending on drilling wages etc, but may affect capital purchases outside of Zimbabwe

bmi always had trouble with marketing. The Embraer was an outdated tool for the job and management poor.
Tried to ride out the last years with codeshare work as they gave up their core routes when the low cost mob took over.
Writing was on the wall which is a shame as there were some top operational staff there.

https://insideevs.com/truth-about-hydrogen-fuel-cell-vehicles/

Jessell I’ve been invested in PREM longer than your screen name has been registered on prem, which tells you something.

No, I only started saying that as I was accused of not being invested. Stop saying it, I’ll stop offering it. To clarify, I said the same share holding that I sent to you know who.
Actually, we all have the same agenda. But I have very little faith that the South African dilutanator will come good. Based on his MO.
Honey badger is a prime example of him being true to form and showing nothing has changed.
KWE, I personally don’t thinks it’s a good idea as drilling could be contracted pretty cheaply in Zim at the moment. Let’s face it, the only visible financials that I’ve seen posted didn’t sound like they’ve been doing much.
From a business point of view, a fixed contract would give a known figure to put into the coatings for the DFS.
And if you remember GR gave a whole different figure on the DCS at the London meeting where it was discussed about hiving off Zulu. It’s what 3 fold on that sum now. IF and I really mean if he pulls off a deal to get cash for developing RHA and DFS Zulu, I’d have to give him some credit for turning things around. The problem is, he’s going shopping and NOT 100% concentrating on OUR assets that have been languishing idle all of last year.
Shareholders have not held him to account and have not placed the BOD under sufficient pressure to turn things around. As for Val being my mate, well on forums I neither need them or have them. Free agent on that front.
It’s easier to abuse me than deal with the real issue that is GR. still, if I’m right you’ll regret your choices and if I’m wrong I’ll eat humble.

I guess I more concerned with the principle now rather than the profit.

That’s the funny thing, you are wrong but you have no idea why.
All offers of proving my share holding have not been taken up on. Now why is that....
Because they know they will lose.
Anyway, dinner time and a few beers. Happy weekend

Asterix again no lateral thinking. Not everyone has an employer.

Nope, again lack of imagination.

Crazy stopped posting when the last death spiral finance deal was paid off. Make of that what you will.
Pecker, maybe he can come back ??

It’s a welcome distraction from my real work...

Ok, so funds could be used for KME and Zulu DFS.
The purchase of another asset is still GR standard MO.
Diluted for various projects starving us of cash for Zulu DFS. This again is where GR lets himself down. He’s blinded but shiny objects he sees underground with little concept of the cash and organisation. To get them to market.

Based on that it makes the honey badger deal a road we shouldn’t travel.
Prems history has been one of special beans but no beanstalk.

Nap, a sensible post, but GR needs to back up his words with actions that do not disadvantage and disenfranchise shareholders.
You an I have been in here long enough to know that it’s not the game he has played. Share price rise and he dilutes us into it. That is why GR is bad for prem. it’s his only solution for every situation.
Should $6 million come our way from the Zim Gov, why do the badger deal? It’s another GR shopping trip.
Use the cash toDFS Zulu and if sufficient left then do the incline at RHA along with the other items which would be encumbant upon prem for receiving the money.
GR needs to stop making shareholders smile and then kick them in the plums.