Member Info for craigawilde

Micro again you speak incorrect and in effect rubbish.

George has proven he has no experience of mining tungsten.
George has proven that neither he or the board has experience of risk management.
George and the board have proven they have no real operational project management.
George and the board have proven they have no good experience of accounts management.

Would you like me to go on? as I can list many many faults and can guarantee people here might not have been ceo's before, but yes several of us have more experience of managing business and or projects/programs

Only if they are noteworthy!

Given the management team are at best lacking experience or at worst incompetent, we still 5 years later do not know where the mineralisation truly is or what grade it is.

We are now in October, RHA was either to be liquidated or signed off by July 12th, given 14 days to force action. One silly alledged letter stating intent and RHA is left again to sit in C&M.

Barra report due end of August, still not received, yes we all hope it will be here tomorrow or Wednesday morning, but reality time, its now October!

So tomorrow I will post an email address to contact me on and we will start gathering people together so we can influence this entity hopefully into a real business that monitors risk, finances, resources and guidance.

Sp I was removed from action group as I wanted action to be taken and none done so.

I am happy to set up a new group where if we can get close to say 20% of holders we will be able to force significant action, rather than just trying to be friendly to the board. If anyone is interested reply to this message and I will check the appetite of holders

we are not stock piling anything, we are not running the mine. we are drilling holes period

Valhalla, your back...again

How can you defend the man, how can you even think a good deal is on the cards given our history?

You are seriously deluded to keep thinking he is changing it around, when year after year after year, its always jam tomorrow.

Those who think jv news for Zulu will blow the share up is wrong, it wont be a major backing us, or an investment house therefore a minnow and the share price will reflect it.

because they couldn't raise the funds.....

Isnt is painfully obvious, either its the location, or its simply GR has been bending the truth to us in regard to the size and scope of Zulu, we can only go on whats told to us, the first company to do a real DD and they walk away, that should ring alarm bells...…..

This is turn gives a market valuation at £13 million which in turn would be a share price of 0.19 for Zulu alone

due diligence has to be completed by August 25th. If successful then we know we can value Zulu at 17.5 million dollars. Until that point we cannot officially do that.

rha is required to make money in order to further the other plays

cant do right for doing wrong.

Either we wait like dead chickens for zim gov to actually sign a document, when we have already waited nearly 7 months, and likely would be at least 4months away or we take action.

The board has to have a risk management plan and has to set deadlines to certain projects, this is one of them, or would you prefer we keep paying money to keep on c&m with no foresight or knowledge of if and when the document is signed.

If you truly believe the latter, then none of you understand business from a senior management stand point

not until November that is it..... strangely one expects rha to have money by then

why would anyone jump in kdnc for 30% of zulu when prem retain currently 70%. Prem has to be at least 0.62 for kdnc to be a value to buy in at 30%

If you have truly sold out finally, I wish you luck in your future endeavors

wolf, what has been said can easily change down the line, what you want and need is a written contract binding the words. Until that point, we can easily get screwed. So we play it safe and wait. Yes the share price is rubbish, but what can be done, Directors cant buy in due to a closed period. This leaves GR offering a loan to prem, however this leaves prem open to manipulation and GR himself. He has been slated for everything he has done, do you really think he wants any more crap for what he does? Patience is required, give it 3-6 months, if nothing changed I will stand along side calling for the entire board to be moved aside

To stick to the thread with RHA, China, with regard to Zulu, do you actually know how much time it takes to do a JV or merger? never mind in Africa, never mind when you have multiple parties. To give an example, lets just take due diligence. That alone can easily take 1-3 months, as your not doing the simplistic view of just verifying data for holes in the ground. You check corporate governance, you check financial governance, you work out through interviews if management can work with each other, You have to verify the business on a continuing basis, you have to verify the data, this alone may mean sending samples to alternate companies to gain independent verification. Fundamentally, this means to me, someone who has worked on M&A that the longer zulu takes the better the deal for us, as its no longer drillers doing holes for a million dollars and a big percentage.

right to answer first question. Zimbabwe is currently like UK for government. A complete mess with opposing parties and opposing sides within each party. Ergo, not easy to do alot.