Member Info for chippyjo

Macca the problem was always not enough drilling at RHA. They just chanced it and started up without a full study.

The problem has always been RHA doesn’t have the grades. Sorter helps massively but with the stopes not providing and the open pit grade sporadic at profitable levels I just. Lack confidence in it.
Zulu is a different thing but with the ownership numbers we are in a much better place with all Zim assets than before Mugabe. 51% retention compared to previous NIEEF rules effectively equal half the shares in ussue compared to the old regime. Let’s hope RHA can turn this corner. GRs job hangs on it now.

Well GR struck again but it’s not unexpected is it.
RHA is a cash burning monster but if the pit holds wolframite in large volume, we are better off knowing where rather than blowing up a hillside trying to find it. That would explode more cash. XRT sorter is a hungry beast so we need the pit to make best use of it.
Let’s see if the place can finally wash its face.

Degsey you weren’t very complimentary about GR previously. Seems you’ve changed your tune for a quick buck....

elf you dodgy dark trader you...

Mal, we have a way to go before crazy and the gang are proved wrong.

Wouldn't be surprised if the wheels are already turning at RHA.GR must have known the result that was coming.
What did he say on the last interview? "I want to see lorries of wolframite coming out of RHA"

"The Company has already received written confirmation from the Ministry of Mines and Mining Development (the "Ministry of Mines") that under the amended Indigenisation and Economic Empowerment Act, RHA is no longer required to comply with indigenisation policies and that the proposed restructuring of RHA can proceed without approval from the Ministry of Mines."

I read that as nobody in the ministry knew what to do and when PREMS legal forced their hand a legal decision was sought by the Zim gov.

Many have been thinking that. Its now time to find out. The market should be happy as GR has finally achieved something. Maybe its a new GR...bloody hope so!

We'll see if its a failed asset now the ownership thing is sorted. Was looking great until the news of legislation change and GR decided to go for 90%.

https://www.fticonsulting-emea.com/industries/energy-and-utilities/clean-energy
Lots of things are outside a tech development companies skill set.

Returningsounds.....thats echoes then

The things is, the packaging of the individual cells is irrelevant unless the cell performs. This really has only just been sorted and with a fair level of confidence as an orders has been made and deposit taken.
The BOP/packaging has been optimised along with the ease of manufacturing with help from both internal developement and external partners.
I’m not sure how they would justify their positions of management if this tech is still underperforming.

I’m not sure the share price will see a recovery on the cap increase but the wolves won’t be circling the prey if an option of fund raising is available.
We need RHA to start washing its face as GR said and also the start of the DFS to see the share price recover. I have a bit to invest here but need to see GR has learnt some lessons before I do.

Maybe but it’s kickstarted a revolution.
Let’s hope AFC cheers us up soon with some good

Even though it would bring down my average I’m not adding a thing until the good news starts to flow.
Bottomed out often finds a new bottom....

I don't believe any stockpile exists. I may be wrong but i doubt it.
Gr has not served the shareholders well in any way but the corner could be coming and i do hope so for all long suffering shareholders. RHA ownership has dragged on and we need the zulu dis deal news firmed up.

Lets try to keep things honest here ourselves though. GR has properly fooked up and we need to keep the pressure up as shareholders to get the board to turn things around.

Val replied to a wingnut question so i reported them and asked lse to check IP address of the posters.
I don't know the answer but you can make your own conclusions...

If there is a take over bid it would more likely be Blackstone.