She plummets, mugged off investors see the light AP strikes again poorly worded release spooks the market. Man’s not got an honest bone in his body all beware.
The only thing that can possibly be concluded from this is diamonds are missing, followed by another decade long court case to sue god knows who for misplacing them. Good old AP again stringing investors along with the fake promises of riches to get high dilution raises away to his mates.
AP can’t successfully run one mine, failed with maniala, now failing with biata, what makes you think adding more mines is sensible. No fanfare with this placing release about diamonds this has again been a great play to get placing away, and I’m really pleased at such a great price but don’t kid yourself we are still up against it without accurate figures and the diamonds in our vault.
To temper everyone’s enthusiasm, but these stones have been locked away during the most corrupt period of Zimbabwe’s history, who knows what could now be in the vault, my bet is duff stones or an IOU from dear Robert. Believe only when we’ve sold it until then as usual pie in the sky.
Pawn been suffering this dross since the days of AFCR, lie after lie after lie, this board of directors take lifestyle company to a whole new level, not for the faint hearted long term investor, potentially traders dream.
See you only took the positives from the article, not the fact that we dropped our case for the diamonds in 2018, for the chance of a return to the diamond fields. How will that be perceived by the court. Government will push all the fraud angles from the past, and the fact that we dropped the case game over, also no chance of mining for diamonds either. We have no money to fight this case will take years and tens of thousands to fight. Dreamers the lot of you newbies.
RNS due to the unforeseen expense of the Zimbabwean court case the company need to raise how much. What’s everyone’s guess 2M for me that’s another close to a billion shares, but to get millions of pounds worth of diamonds, everyone is scrabbling to get on the gravy train. Oh no what’s that I see as many selling as buying nearly, ummm placing shares being forward sold again maybe.
Of desperation on re-read we have been informed by our legal representative that formal progress can be made in the 8 days left of January of a case we only started in December what does AP take his investors for Idiots I assume, chased these diamonds since 2009 ish now can be solved in 2 months. Come on Pinocchio you can do better than that surely.
Very strange that with such a valuable and important move they didn’t think to inform the market in December, as always be very wary of false dawns with this shower. Never ever have they got close to getting these diamonds back, stinks like when we were taking on the googoo diamond mine last year then never materialized. All be very aware of AP and his false hoods.
FCA approval around crypto banking must be worth far more than our current market cap, at least 5-10p a share. A battle now between us the shareholders and JR over fair value. GLA
Nona the company would love to see the share price above .3 before the next placing, but without good news this is rooted below .2. Good news by the way AP means substantive figures behind the BS.
There is lots of unrest lots of further delays the EIA submission will go down to the wire if not delayed further, then the question is will there be any profit left for investors with the most over designed mine in the world.
Amazed everybody so happy, this company has failed to produce in a year what it forecast to produce in 1st half of 2021. Worse still less concentrate produced and sold. Nameplate production of 14000 tonnes a month now hoped for, they planned by August 2022 to be mining 20000 tonnes a month. They are way off forecasts and profitability do not get sucked in this is as poor an investment as it gets.
£55k traded and massive move up, well not massive but market being moved ready to shift some more dilutive shares, had the raise for lower but we will see should to printed middle of next week.
Can you seriously see any bank taking this shower on, the boutique lender only took on because asset backed, and that owner of the asset must be close to squeaky bum time 9M euro asset at stake. Mercuria also from memory have ability to convert to shares not likely I would imagine. This is not about becoming profitable in time, time has passed long ago when we should have been banking profit to pay our debts early to show to a bank the amazing asset they should be invested in. As you say care and maintenance and ask us to fund another wild goose chase.
Surely depends who he is replaced with, no one on the current board would be trusted. AP’s son probably needs a new hobby after failed racing career with vast plastered all over his car.
Got to love a trier been posting since May 10p incoming, how’s that panned out for you, then 30p after that. All with the SP at 1p ummm under water with many others with little chance unless your illustrious leader starts to lead, with honest and open dialogue with his shareholders, I for one won’t be holding my breath.
Why so fascinated by a few more poor mines we can’t get this one right, but isn’t that just vast all over, lure you in with the next promise of gold, anyone remember ghaghoo diamond mine. Keep your powder dry this is going lower daily, until AP puts some actual numbers behind the supposed hype.