Member Info for deckchair66

Stargate I thank you kindly.

From a novice investors point of view I hope the spread keeps the day traders away.

I bought most of my holding sub 7 so I am happily in the blue.

Stargate..what's your take on market cap?

Mickley your a couple of weeks behind us mate.

Note to MM..keep that spread as wide as possible 🙏 😅..for now !

The gambling mob will arrive soon with PAT sat in the top risers.

Hopefully not too many shares knocking around for them.

£5.32 & £7.00 trades just gone through, Noba has left the house.

I was wondering where Knobber had gone, I thought his Mum had stopped him playing out😂.

Thanks Kitrash, good info & I fully agree with your last sentence.

Good analogy 5O..trying to keep up with it all is a nightmare.

Ah Stampee1 never look back!, I sold Woodbois bailed out, in the top risers today, i would never have checked only it was on the list. Still think it will go tits up there though! Valuation of assets seems a tad high.

I would say medium to long term, the Congo cash is top of my watch list as we speak.

Many moons ago before tinternet..I made a very very tidy sum on a share..the name has gone from memory now but it was a company that validated a high % of all credit card transactions.

Every thing (then) i read about that company was positive to me so on so forth. PAT seems the same, yes in mining there will always be hick ups but I am struggling at this point to see any downside at all.

Releasing shares from time to time to fund ongoing operations is the norm. I believe the BODS here are far more professional shall i say than some of my other holdings in mining.

As others have previously said the amount of shares on the market shows a strong focused business operation.

Fully agree PK, I worked my sums out similar to yours, take off as many things as you can think off . Divided it by whatever you want and your still left with a lot of Gold!..Plus as you say the other projects.

Hopefully more good news real soon!

I hope so Karlvonwise.. i had faith here but I am down around 70%....

Very hard to buy ...holders are all staying put.

Very undervalued this company.

Is it bad news?..Many reckon RRR is undervalued so raising cash this way until the revenue arrives might not be a bad idea?.

I haven't look in depth at this company I normally leave it to the experts!.

Having said that everything I have read seems to be tip top.

It seems par for course in this industry to raise cash one way or another for new projects. Given that the costs to get them up and running before revenue arrives are high.

Might cause SP to bounce around abit.

Sorry typing on my phone...raise funds...without borrowing

I suspect for share options for staff , or to release to the market to raise finds with put borrowing.

In theory this dilutes the value of our shares.. Bit if its for a new project investment or to pay off any outstanding loans not a bad thing.

I just copied & pasted the below straight into google. DYOR

In Zimbabwe, the Company is preparing for the release of its diamonds previously mined by the Company and preparing for their marketing. Upon the finalisation of the process the Company will recommence its focus on the finalisation of the mining agreement on the Community Diamond Concession in the Marange Diamond Fields.