Member Info for craigawilde

Murmurs, no financial institution would lend regarding a geologist opinion on what is inferred in the ground.

If we patrol our waters and stopping fishing, then French seas will be over fished, by the French, Danish and others. Thats why France requires a deal that is fit for purpose, they like us, are simply trying to protect their own waters.

We left the EU in January of 2020. We are negotiating for a deal, one that benefits us, far more than it does the EU.
Covid is the same beast across the western world, look to the east, outside of China if you please, and you will see country after country who have done far better than any in the west.
Does the future look good for the banking sector? in the short term no

Another dodgy purchase, give the man shares and he spends spends spends and never I repeat never brought any project or investment to fruition for shareholders. Good luck if you decide to stay, and no it isnt a good investment, as its been sold for chips, which should give you hint of the quality.

EPO - Could be within a week or so.... Bull**** called on this over a month ago now, wont be this quarter and i doubt next.

RHA Tailings Processed and Revenue... APT prices are through the fllor, so even if the plant started which it wont there is no profit at current prices.

Zulu JV - This will be transformational ! - possible, doubtful.

Circum Divi (their re-structure meeting taking place any day) Prices through the floor, wont recover for at least 1 year. forget it, they ahve been meetings for past 5 years!

MNH - and then cash generative!! - Unliekly as already proven through the last 20 year history of the mine.

New Chairman/and or CEO TO BE ANNOUNCED.... had that carrot before

As for website, given FAQ hasnt updated in 3 years, what new info is there lol

Keep plugging your ramp crap mate, maybe one day you will make a profit.

ALWAYS LOOK ON THE BRIGHT SIDE OF LIFE......

EPO - You will still be waiting come September. But keep saying this week or next - one day you will eventually be right.
RHA Full Production - 6/7 years and waiting. Government if serious would have funded through their new currency in full yet offer paltry amounts to give hope.
Zulu JV on Lithium - That will take till October at least
Zulu Gold Exploration/JV - Your dreaming.
Circum Update - Keep waiting, 3 years so far and now the world in recession, at least 1/2 years away.
19% of MNH - Revenue/Profit Share - no company in the last 15 years has made a profit at this site. Sold 4 times in that 15 years. Why so confident now?

Magoo, not having a go, simply advising. My professional life is managing projects and programmes. In order to realise a project start all risks have to be analysed, qualified and quantified. I wholly recommend you start looking at the global and national risks before always talking about the potential and good points.

Of course it can lower, it dropped to 1.27 last month. Just because a placing was done higher a month later means nothing.

Charlie look on the london stock exchange site, as of writing there has been 10 trades.

Shaw River ran its own mini inferred resource in 2012, but by 2016 it only exported 14,000 tonnes to China in the September quarter (2015), and was targeting a 300,000t a year operation in 2016. It failed, even though prices for manganese went down quite a way, it could not support itself or other projects and Shaw ultimately went bankrupt, This, even though "extensive technical due diligence had been undertaken; Shaw River had concluded that there was excellent potential
to increase the manganese inventory."

Hence the sale to MNH, however MNH in two years have failed to turn a profit, even though it has its own machinery and plant; with the historic information it still cannot even make a profit.

If you want to see a correlation, look at RHA, it operated oh so briefly on a old inferred resource, had no DFS ever done, and was placed in care and maintenance, just like Shaw had to do and no doubt without Prem's loan would have had to do too.

Taken from the 2019 presentation with regard to MNH:
" There has been insufficient exploration to define a Mineral Resource and it is uncertain if further
exploration will result in the determination of a Mineral Resource."

From another website:
"Premier has not independently verified or updated the Cube historic resource estimate. No adjustment or update has been made to the historic resource statement for any production by Otjozondu since the historic resource statement was prepared in December 2012"

Snowking that's interesting with regard to MNH, but there are issues and risks. Why for example did Shaw River purchase it in 2010 for over $15 million and claim its world class and would be there number one project, yet sell it 8 years later to MNH for $5 million?

Why has no mineral resource or dfs been done since 2004?

Why has no feasibility study been done and published?

Bigger question, why if this is such a great deal, has the MNH failed to make any profit in the two years it has owned and operated it?

Why are we going in blind to a deal where we have had to take loans, in order to give a loan to a company where if any due diligence has been done, the above questions can be answered in full with details.

600 million shares of the allotment is for the extra 7% in MNH taking it to 19%. I suspect he wants at least 25% total so that would be another 500 million, totaling 1.1 billion of the shares. As for what he does with the rest, well I suspect that will be for placings.

I haven't sold in 5 years plus, but nor do I wear rose tinted glasses.
12 plus months ago I offered Noel and the group a bet of anywhere from 10k to 50k that the share would collapse...it did.
The EPO will come, but wont be until this crisis is over.

"Water shortages are causing increased hardships for many, on top of coronavirus restrictions, unemployment and the crippling economic crisis.

Water shortages in Zimbabwe are causing increased hardships for many.

That is on top of coronavirus restrictions, unemployment and the crippling economic crisis."

Given 3 female leaders have gone missing in last 72 hours and there are now severe water shortages all through Zimbabwe you rampers seem to think that the government will ignore the national crisis to give prem its epo....its laughable

Got to love all the sub £10 buys

Graham i suggest you throw in anywhere from 10 -100k as fast as you can then, if you win the lottery buy the company. You are so confident with your rose tinted glasses you cant even have a conversation. Try using both the left and right side of your brain.

If any update comes it will all be waffle. RHA no reply still waiting etc. Zulu still waiting signature and oh lets not forget circum, things are happening but i cant talk about it.

Wealth is health, cash is simply a resource.