Facts1 Nov 2018 13:17
News after the recent RNS:<br />"Prem slid after it announced the results of a consultation on how to bring one of its Zimbabwean mines back into production, the study concluded it was viable, but would cost £818,000. After 15 months, it would only be making £474,000"<br /><br />So they need 1.1 million which would also pay GR loan off<br /><br />Even if he took share it all add up to dilution<br /><br />So A JV is sorted and they cover start up coasts.. fine but still no money will be made for 15 months... and the 474k proft will be devided between prem and the JV partner<br /><br />In 15 months prem makes 237k thats all from RHA!<br /><br />