Member Info for edzi

Efore anyone says anything about, WELL!! you are taking on the debt as well, so what, the Company has not only been paying their debt but by the look of it financing SOME OF Zambia as well. If they can do that what is the problem even if you have to give a long Credit facility. If you have a good FD and run the business with caution as well as ramp up PGM's you will make very very good money

Has anyone thought that there was a break clause with IRH, I have not looked into it that much but if Leon walked away maybe there is a fee for JLP to pay.

Not trying to make the situation worse than it is but you do need to look at all angles,

Bottoms UP, regarding people trying to talk the SP down, Firstly, it's doing perfectly well on it's own thanks

Secondly, That is the most ridiculous statement made for the last 2 months, I'm sorry sir YOUR'E FIRED I suppose if anyone says something on here regarding a ridiculous situation that the management are doing regarding selling their only profitable asset to people who must be killing themselves laughing because they are going to buy it out of the cash flow that the business they are buying is making over 3 years then they are trying to lower the price.

I have just had a thought, we could all club together to buy the SA business because it's not going to cost us anything. Great Deal,

Shuvlin

All you do is go on about the lack of spelling capabilities or now it philosophy, AND you still say you are waiting for the circular like it will make any difference.

If you were such a good philosopher you wouldn't of got into this mess in the first place!!

What a muppet

Hi Frog

That's the problem, if most of Leons promises and quotes had been delivered as he said then there would be much less of a problem to vote

for it but you can't help thinking this is another overpromise and under deliver scheme together with us having no real idea what is going on

with either the Copper or the deal. To me when something like this happens in a Company you have to ask why because we were told that the FD

would be looking at finance, there are others who want to come in on the large waste project etc etc and it all seems to dissolve. I have said many times

I just don't trust Leon anymore, he never does what he says he will do, he has never delivered in Zambia, there are so many questions regarding

previous failures that you either stay in and just hope or bail out with the loss

Hi Chat

I have tried that as well with little luck but thanks

Yes I have Leons Company address but may I save you time and frustation, he will ignore you totally so whatever you want to say which is probably the same as all of us you will be wasting your time

One other question,do you think the trades today are buys not sells as reported?

Yes I agree with all the exising Shareholders, I also agree that IRH will buy us, and that the Directorshave a good holding into the Company together with Paul Barratt buying but we need more private investors and smaller institutions in which is one reasonwhy they are doing what they are doing on Tuesday

Hi All

Weare all very positive else we wouldn't be in this share, I also as suggested before don't want to stop people having thier moment of enjoyment. To see constant reminders of what has been said or what has been shown etc etc and stating that it will be multiples of XYZ does not add anything to the situation it just gives personnel enjoyemnt for a short space of time and to me it's useless. The management are great, the situation seems great and the interesting posts are the ones that add value to the situation regarding things we don't know. Some people on here are great at finding interesting bits, even the video of the hellicopter adds some type of value and understanding on the situation. We have no clue what is going to happen for certain, we just know that the SP SHOULD be higher, how much higher depends on circumstances. The RNS today is good but I really do think that the Team and the Brokers are finding it hard to raise interest in this Company because of previous circumstances in the DRC. For years people have warned about investing in the DRC as it is a basket case, to me this is the only problem the Team have, attracting new investment. Let's hope to a great 6 months ahead

There is a second RNS out that has not been put on this board stating that RBC Capital have either walked or been fired. You just couldn't make this pile of POO up, This share is turning into a realbig nightmare for Private holders as we now seem to have no say in what is going on and the circular is just a worthless bit of paper that is going to be sent out. They would never go this far regrding the RNS today if they were not 100% sure that it will go through and it looks like Leon will demolish anyone in the way. We are going to get truly whipped

AIM 2025

Good morning, it's not often that I agree with your posts as they are just excitement and ramping but people selling now must urgently need the small amount of cash that they are raising and you are correct, why did they get in in the first place. Looking forward to the next couple of months

As I said on various occasions, waiting for the circular is irrelvant as the deal is already agreed by the look of it, if the price of the deal was now higher it should be stated as it is material information, this is looking more like a fire sale to me as the majority of people on this board and I assume elsewhere are not happy with any of it.

LFM

It sounds like you have had a sense of humour bypass!!

LFM

I think you will find it was Warren Buffet putting his books straight before he steps down, he only does this with the largest of his investments so when the market finds out be prepared for the SP to tank

Gotreal/Shuvlin

If I am not mistaken,Directors only put forward a deal like this if they have generally accepted it which is why other Companies when they are in this position state that the Directors of the Company advise not to accept the deal etc etc. I am happy to be proven incorrect. Also the way that Leon was speaking in his podcast saying that the SA business was mature and it would need heavy investment indicates to most that he wants this deal to go through

Hi All

It is strange that there are a queue of people saying what I have been on about for months and months and the usual people aren't trying to re justify anything, maybe the penny has finally dropeed. In a way, Leon accepting an offer for the SA business have partially put the whole business up for sale, As the main rump of the business at the moment is SA and he would find it difficult to justify future earnings in Zambia because whatever he has stated in the past has turned to ashes, so anyone wanting to buy the Company would only be arguing about the valuation of the Zambian business and once you have stripped out all the H/O expensesswhich to be honest is bloody high, together with other areas you could make this business work a whole lot better that it does at the moment with back up financed dependent on who purchases it.

Hi Seis

I'm not on X but I have just gone on it to try to send you a message and it's says that I can'tsend you one, I will keep looking into it unless you have any other ideas All the best

Hi LFM

I'm inclined to agree with your thoughts, I think that would put us at £250million roughly. What I am a bit concerned about if I;m being honest is side deals with the Team. For instance it would not be impossible that we are sold for let's say 2p which is really feasable, and if it is IRH they could take on the Directors as Consultants and pay them for any extra finding thus getting the deal cheaper. I know Stanvic is there but this is what happens , I also think that if the mettalurgical results come back positive and the new find get's bigger than 2p would be cheap as on your reckonings that £186m if I'm correct, it depends on how we are all watered down with the next Strategic deal

Hi Seis

Hope you are well, I'm still waiting to see how we can get in touch privately so we can discuss things and put your doubts to bed regarding my credentials

which again I say I am happy to do, are you ever in London? Regards

You really don't have to worry about what is or isn't libellous regarding Leon as everything he seems to be doing looks like to some people that he is shooting himself in the foot every time there is a situation. Anyone is allowed to put an opinion of what they think regarding posts on here. They have an investment and if they are not happy or if they are very happy they can say so. As far as writing about certain situations that the Company or the Directors get themselves into, well they are there in the good or bad times and when soneone is not doing what they say they ae going to do or if someone makes a statement in an RNS which is inaccurate or not factual ( Roans unit is ready but just needs painting) then what do people expect. When one point is not accurate or factual, how many more are there. This is just one of the problems when you invest in an AIM Company, it is very very lightly regulated which is why so many Companies on AIM either go down or the Directors of some of them are sued because they lied about things,some of them clearly set out to do that, others like Leon didn't set out to do that at all, he just has showed that he may be a good chemical engineer but he just has not got the skillsets to drive a Company forward in a way that suits a Public Company on AIM as he has not hit one important target or he changes his tune about things to suit he cause.

Like Chrome/PGM's which 6 months ago he was crowing that we were one of the biggest if not the biggest producer and expanding with Thuste and thinking of expanding into another area, now SA is a liability investment heavy and too mature to go any further. He can always paint a picture to fit his own set of circumstances, like most accountants can always make figures fit. To me telling the real situation to shareholders have alway been the biggest weakness in this Company. I have said many many times that if you look at how Sylvania report and what they say, you always know the situation on the good and the bad, why can't we do the same with JLP, it's not the indusrty it's the individual who runs the show, for instance someone said today that Colin was given options, has anything been said about it previously in the R&A, we are shareholders we should be told why etc etc etc