Member Info for Ilovesushi

Get someone to build factories and or houses and then get paid out of sales? Do not be surprised sales never materialise and a new government does not recognise deal. This is Africa and the country is littered with companies that went belly-up. Why the hell do a deal with a resources explorer? Why not do a deal with a local french speaking building company? Smells fishy. Never made money from anyone or anything invested in Africa.

No hope in hell that they can pay £6 million in pension deficit in 1 year don top of debt repayment. The company is finished..

Lombard Odier Asset Management Is crystallising massive losses.

More selling by Lombard Odier Asset Management (Europe) Limited

So far away from any meaningful income the company will have to rely on the only income it ever has and that is by selling shares. To get Horsehill up and running your all going to be hit by dilution and more shares with the funder getting a heavily discounted placing. Things are dire. The only people who do well here are the management and its not wonder they do not buy shares.

(3) The JV will assist the Ministry in the construction of the factories, each of which will have the capacity to produce between 3,300 and 5,000 houses a year.

Do not expect to spend lots of money (that shareholders will stump up in endless placings and dilutions) Then expect the government to pay when housing is sold.

It will never happen. This is Africa. A government can change the rules at anytime. Governments change. Pass agreements are meaningless. Years and years from an income even if it happens. Placings galore with little or any pay-back.

Why the hell would a government do a deal to build factories with a mining explorer? Is there no one else willing to spend money in Africa on housing and offer payment when houses and factories are sold?

What complete nonsense.

Cash position must now be completed deleted. Will the company find backers? There are some wealthy people in the game. Perhaps some of those who make money in the business may take a stake for a cash injection? Something has to happen.

Lower and lower it goes. Just a matter of time before the company calls in the administrators...The board actually have a duty to protect the stake of those proping up the company or those whose loans are outstanding. These people would demand the administrators are called in to try to attempt to get back its investment by a private sale. Ordinary shareholders will get nothing. Already the shares really have zero value. AVOID

Cash will not last. Anyone really want to be into new energy projects with this company? They are not usually profitable and wont the company really be issuing more and more shares at lower and lower prices. Have they not always done this, why would the company ever change? This is going to become a life style company that will be kept afloat for one reason and one reason only. To pay and keep the management if top dollar with lots of benefits.

No wonder people want out. Share prices soon back in old money and soon to have as many shares prior to when it had its last consolidation. Massive value destruction. Company soon to have zero assets and a fast dwindling amount of cash with prospects of more and more shares.

UP 50%...

I expect another 50% over the next 6 months or even more. Could be an off-take arrangement. Got to force the price higher..

55,006.00+110.00+0.20%

Was 30,000 at the beginning of the year. I expect a continued rise. Great price to be in TIN. Mick Davis (Xstrata) thinks so. I think another big player could come in here and buy a stake or farm in and possible Government money as what has happenined in TIN (cornish metals). Good luck all. Could be a great mutibagger....

There has got to be government interestig in putting in production money in order to seal supplies which are clearly short. Outside China this is one of the big plays and important resource. Expect possible interest from Mick Davis`s (Xstrata) Blue Vision who is inolved with a large Tin play in Cornwall. Tin is a crucial metal now. STRONG BUY

The company has commitments as far as I can see, and may have to issue cash calls as part of those commitments, which probably will be unable to find. It will have to issue to many shares and raise too little. They probably already considered this that is why they want to take the money pay off debts and start over. It will do a name change of course then rinse and repeat. Back to old money soon.

The last Subscription that raised £375,000 at the end of January must be now spent. Has to be gone. Plans must be afoot to raise again to keep this outfit running. £375,000 is not a lot. I was with VOG for year after year waiting for permissions. God knows why the government is so slow to giver and grant permissions. In Africa they can tell you the President agrees and will sign, can take actual years. Perhaps after shopping trips and lots of gifts are received?

VOG went under and I lost a lot. They had about 5 years to agree licence changes, then never came the company delisted. Still another placing to keep things going a bit longer. Watch out for any manipulated rise to offload pre-issued or yet to be issued shares (shorts) which are then bought back in the placing at a fraction of the amount. This market is a cesspitt.

"We now look forward to progressing through the final stages of the approvals process and securing formal Development Approval in due course."

Bigger player will want in and we can expect large government investment into the critical metal.

Share price has to go up…

Going up.

· Major permitting milestone achieved with formal lodgement of the Taronga Tin Project's RTS report to the Department of Planning, Housing and Infrastructure ("DPHI"), the regulatory authority.

· Streamlined approval pathway maintained following the receipt of only four objections during the EIS public exhibition period, removing the requirement for an IPC review.

· The RTS provides detailed clarifications to submissions from key NSW Government departments and agencies, including the Environment Protection Authority ("EPA"), Department of Climate Change, Energy, the Environment and Water ("DCCEEW"), Heritage NSW and the Department of Primary Industries and Regional Development ("DPIRD"), and incorporates submission feedback to optimise the Taronga project design.

Robbie. I do not like this share. Always disliked it. You do not have to be a holder to post. The question now is why is it you dislike a critical view of this company. Now I am blocked supposedly. Must hurt to realise this is dud. Being saying this when it was about 8 pence. Long before it went into Wales thinking it would find Gold. Sure I have been posting for a while and have been proved right. I post on a few crap shares. CHSS, MTC, UKOG, ENET, PYC, just to name a few. I post on shares I think are good and ones that are crap. This is what the posts are for. Just in my spare time and who knows, if anyone listened to me on those share boards and sold then they did well. Those who ignored my critical view and bought are now paying through the teeth.

Maybe you do not like critcial view as it reminds you that you bought a clanger. Hope your other investments are doing better and you bought none of the above. Regards...the absolute tool.....

Going cheap. 1,000,000 shares for £160.00

Looks like they will go cheaper as they are decades away from any income except by selling cheap shares or what should be seen as confetti. Name change will not save it.

They are already planning the next raise. And as usual at a discount. After the name change is a consolidation to stuff those not already stuffed. So similar to UKOG. Shares everywhere…

Down it goes. The new name has not worked. This outfit will be back to what it does best. Placings. Watch out for manipulated rises where yet to be issued shares are forward sold prior to placing RNS