Member Info for Fukurokuju79

Turtle

I believe it's 23005-HQ-LEL and 23004 that are the only ones that have expired on 26/08 and are within the backlog of licences to be renewed etc.

They are two of the Zaco licences Ltd ones.

I think I see your trail of thought...although I suppose if that were the case we'd still have areas in Botswana. Be good to hear on those too
AGM tomorrow so sure some updates.

Atb

Yeah wasn't sure how to interpret Kev's tweet either. It's like I'm stuck in a game of chess but I'm only allowed to see my pieces.

To top it off I've got a cup of tea and naff all biscuits.

You e lost me Fulmar. Throw me a bonio ffs

But that's not a surprise as Nick said about additional in the investor call.

It's all getting a bit hard to digestive.

Fuk knows ;)

You wouldn't pay out on the biscuit though Fulmar. I'll be pleased when it's finalised. I'll be like the cat that got the country cream.

Atb

F knows.

It was the professor with the candle stick in the library.

Yea , just saw that recent tweet.

It says they will only be dealing with renewals etc up to 21st then from 21st will open to new licences .
It does therefore infer that its likely they will have got the brunt of any backlog cleared or to a manageable level by the 21st, to then allow the team to be able to deal with new requests.

It doesn't say they will have cleared the backlog by the 21st, but I'm sure they'll want to have these licences resolved sooner than later with a significant deal pending.

Good to have a broad idea so thanks to Mr Ruffles. Fingers crossed theyve got all the other ducks lined up to execute this deal soon

Atb

Yep, renewals etc is the key. They will have progressed what they can, but obviously any info and renewals that were dependant on the cadastre being opened have impacted timelines.

As for if another extension will be needed I've no idea on how the ministry of mines are prioritising their backlog, the size of it or how long it will take to catch up. So no one knows really.

Atb

Thanks for sharing . I don't like the daily fail but I like that write up. Was hoping it may bring a little volume here. Still early I suppose.

Either way I'm holding my shares and waiting patiently.

Atb

1,000,000% agree KeithOz.

What he said.....

ATB

I still follow the story here.

I find it hard to understand how anyone can say with such confidence that this won't go bankrupt. Of course it can. Doesn't mean it will, but saying it can't is entirely blinkered to reality.

Let alone suggesting it'll be sold for 15-20 times the suspension price any time soon. It wasn't suspended subject to takeover negotiations lol.

Yes, they've been in discussions for a while with NewGen and NewGen would be aware they will default. It doesn't change the fact that NewGen hold all the cards. RMM suspended to put the cat amongst the pigeons.

Ultimately, the fact it's got to this stage suggests any debt offer to RMM (if their has been one) isn't particularly attractive, or enough to work at this moment.

If NewGen help it doesn't mean it's good for any existing shareholders, add per strummers point on dilution etc.

Their are some significant hurdles to overcome is the facts.

Whatever they get will need to be enough to seriously reduce costs.

I'd imagine whatever the outcome will be released very soon anyway.

To hear this. Had a great ride in ARB back in the day.
The 27p placing clearly was going to be a challenge to execute given the recent price volatility. However I won't pump my other shares like some and wish you all well.

Atb

Yeah they get it right sometimes I'm sure. Luck rather than quality investigation and journalism though.
Even a broken clock is right twice a day. Lol

People are right to question the communication methods used by Draper here. Clearly if you're going to communicate things do it properly and to everyone. However there may have been any number of situations that drove that comm, to whoever it was originally sent to. Without the context it's hard to determine any merit in sending it (if there was any).

There are way too many superhero types on these boards who assume the worse about everything and everyone, without the details. Yet they claim to represent the truth when no one really knows the backstory. Ready to castrate anyone and everyone at the drop of a hat, without the full information.

Arguably, the only sign of truth distortion was from the people who 'uncovered'.

Of course their is stuff going on and discussions needed with Azerion. No one knows their motive.

However nothing about this is material information.

The fact is, TW sensationalised and one could argue out right lied about the context and content. If people know how they operate they wouldn't be surprised by the way this has been played.

Facts are Stan is trying to encourage investors to report the CEO to the FCA for providing material information to some but not all investors.

1. The information is NOT material. Nothing has changed ATM. This didn't need an RNS.
2. No one knows the background to the communication James issued. Who it went to, how many, why etc. You're assuming, which has built in bias, not basing decisions on facts.
3. TW shared this NOT from a moral standpoint, but a self righteous and self serving standpoint.
4. TW has embellished the content by sensationalising the situation. This is the immoral aspect in this. It's the only lies I've seen in it all.
5. The RNS today is simply a clarification nothing has happened. It was only needed because of TW not doing proper research before pumping out click bait.

I believe Stan is linked to TW based on what I've seen. That would certainly have more merit and grounds to contact the FCA than this nothing communication.

Travedol is also correct in calling out reporting TW has more merit than JD.

Stan this is clearly your MO. You still this in KAV to.

We don't know the background to the investor email. Why it was sent, to how many etc.

Id also question if the content is material as all. Literally nothing has changed, let alone anything material. So contacting the FCA is a bit pathetic. TW pushed out some embellished version for clicks. It's what they do.

Stan you do the same on KAV too. Where TW has an issue with the CEO. It's looking a little suspect to me. Either that or you seem to invest on companies you hate the CEO of, which is a bad strategy.

Mountain out of a mole hill. People need some perspective.

Atb

Got a link helx?

Waco that is certainly a possible outcome. They've done this to force the hand that feeds them and show them what they also have to lose.
It does however make it hard to think there is an alternative option to NewGen out there.

I'm not sure this can be massively spun as a positive, but it's the only move Rambler had to force support when it appears the initial discussion route didn't achieve the outcome.

They've basically moved the defcon levels up a couple.

Sorry to see this to all those still here.

That said, rambler have never had the upper hand in negotiations. While this is very serious. Rambler suspending the stock is as much strategic at this stage. It will force a decision from NewGen.

Atb