Member Info for Hemmings8

Anyone heard from Brenda Berlin this week? Don’t have same relationship as I did with Brown

Fully confident there’s a solution in the offing.

Is now just $28m

Spoke to BB. Doesn’t expect coronavirus to affect financing, 9-month build, expects effects to be transitory. Financing progressing.

How much is this asset worth now? Could we sell it, and fund balance of Makhado with equity funding with PIC?

Gutted really, if we end up funding this at sub 20p.

Or maybe news tomorrow. Needs to bounce Monday

Would question the wise? Seem to start on JSE today, stops through 400 and pulled London down. Not aware of any news.

Share price is a joke when you consider sum of all the parts:
Uitkomst
Makhado
GSP
Vele

Berlin dealing with financing so makes no odds really. Massive positive it we’re not paying his wages for 6-months

Coal prices up today. Chinese having to spend again to get their economic development back on track

After days of zero trades we get a ~55k and 50k trade

No idea why today, someone bailing, but taken well.

Boz, I’m guessing she mentioned PIC?

We’ll also be helped here as we already have a relationship with IDC so that might speed things along

PIC is the name I’m hearing, we’ll see. Could be a good fit

Agreed jantand. I think this is close. Had some dialogue yesterday with company. Positive

As been pointed out here before, too many big names here to let this fail. Won’t take much to complete the project, given what’s already been invested here. I expect something soon, they had hoped to get this done in 2019 so can’t be far away.

Thought this was scheduled for today?

Is there a webcast?

It was your money, your decision to invest. Don’t blame the government. Frankly that’s embarrassing. You can blame Fraser if you want, does that make you feel better? but you knew he was at the wheel when you invested and that’s part of the decision making process.

Bit the bullet today.

Can’t decide whether to invest in BP or MC Mining. Solid oil stock or punt on developing coal stock (similar to here and 10 bagger)

Hearing company based in the mountains buying paper. Burning the shorts.

Not very pc of me but hoping it all boots off in Middle East and see strong rally in energy markets

Depressing. No announcement. Think someone bailed this morning. Here’s to 2020 or 2021 or 2022......Merry Christmas