Member Info for faramog

which will show a loss as alrwady detailed

interesting NickD ... so not expecti g a full purchase of the Sojitz holding.... also ties in with what Meyers slipped a few weeks ago Cant argue with the numbers though

oh me too .. wish I had the funds to buy more .... the key racists thing is not the target, but that the definition of 'black' (or rather non-white) does not extend generationally but includes naturalisation ... its purely about colour and not ability so ultimately doomed to fail. Anyway .... I can get at my SIPP sept next year and by then this SP will be 2,3,4,5+ x what it is ... and all this policy will be in its infancy

quite a depressing picture CG.. touted a lot last year as I recall. As I said a day or two ago, the 50% bod and 70% management must be not white target is in itself racist and ignores capability so have my doubts but if managed over time as an aspiration with flex may end up having the lunatics desired effect. One difference with Zimbabwe is there are 3M whites and a large number heavily armed ... its not a case of 50,000 white farmers with shotguns being picked off one by one. I do hope for SA's sake they get a grip of the corruption and give international confidence to invest.

take a 10 yrs view and buy cobalt, copper, tin and vanadium .... oh what .. we have 2 of them :-)

one other point ... the world is moaning about how protectionist Trump is being .... all the 50,60,70% SA activity elements seem not only protectionist but limiting if the skills are not there

The more onerous 10% free carry is for new rights ... so would it apply to us ? Certainty is key but personally it upsets my sense of justice that 'empowerment' really means making a small number of already anointed wealth black cronies richer ... I repeat what I said a week or so ago: making the ownership/benefit part of a general wealth fund for the betterment of all SA's would make a lot more sense and be a heck of a lot easier to sell internationally

had a parenthesis on the end Alfa .... https://www.thebushveldperspective.com/slides/slide/bushveld-minerals-junior-indaba-presentation-54

its the 'free carry' that bothers me ... do I read that right that unlike BEE (that buys the holding) free-carry is a give away. No one is seriously gonna give 10% away for zero return surely that defeats the object of investment... and what about dilution, equity raises, capital requirements ...I must be wrong as that is worse thane Zane's idiot policies

well ... this will have the inward investors stampeding .. not sure which direction though

yes Alfa .. looks like production gets going Q4 really which is 3-4 moths earlier than I expected... need Bushy to rise some so I can take some out into Afritin LOL

exactly NickD .. and even if the market undervalues by 50% that is still more than 5x the current SP and that is just Vametco alone . Hold Hold Hold

http://afritinmining.com/wp-content/uploads/2018/06/Corporate-Presentation-Junior-Indaba-2018.pdf

also a new corporate presentation issued. http://afritinmining.com/wp-content/uploads/2018/06/Corporate-Presentation-Junior-Indaba-2018.pdf

New RNS ... lots of shares issues effectively diluting our holdings by 42.5% .. up from 297.5 m shares in issue to just under 518m

simplest way to describe it is its a 1 pound coin available at 80% discount

love the last question Pdub ! .... yes if I don't bottle and sell too early

The very important H1 figures will be published by 30/9/18 .... why so long ? They are not audited and the Q1 data is there, the Q2 will be in 4-6 weeks

dont tell me Datom ... its LSE data update issue again ....

Cant remember a day for a long time where there was zero movement by the MM's