Member Info for Jeremiah99

Yes, while the value of my £18k investment here nudges £3k...

Yes aden69, for those who rode it up to 37p and hung on on the back of Vonk's twaddle, its performed way beyond our worst expectations. I'm such a twit, I had £1+ pencilled in with dreams of 5000+ bpd. If I many borrow Alan's expression......looong sigh at my own stupidity.

Our Mcap got down to around $20m in recent days. I think Sentinel sold for $230m well before it was fully scoped out. I like to think we can exceed that with our two main targets, at least in total. The maths will tell you I am hoping to multi bag from here, but I'm not counting chickens just yet...

Nice couple of buys this last 24 hrs has pushed us up from previous lows. I hope they are on the back of some shimmery copper tinted drill cores emerging from Cheyeza W. (Are the drills turning there yet?)

$300k in South Africa in purchasing power parity (PPP) terms is equivalent to $1m in the UK. (S.A. average income in PPP terms is around $13k a year and the UK's is c. $45k) So Georgy has been enjoying a million dollar lifestyle while steering Prem into the doldrums.

It does paint our BoD as whingeing amateurs, but if our legal team were ready to take on the case, one would assume they will put together equally valid counter arguments. Let's pray there is actually a smoking gun to settle things, and it's ready to be revealed.

I repeat, I'm finding the fact that we have twice raised cash for Zulu yet 18 months later drills have yet to turn, deeply suspicious. Just a few good drill results there would have multibagged our s/p, allowing further raises at higher prices. Perhaps the resource there is nowhere near as good as claimed, or maybe it is but we pond life PIs will be shoved to one side in some dodgy mates rate deal?

If this comes good, you will be the guy on the yacht ;-)

It would be daft to sell the HH stake prior to a CPR which will outline the recoverable reserves present (12% of which Alba hold) firstly for the Portland and later the Kimmeridge layers. There may be millions or possibly tens of millions of barrels at several £ a throw in-the-ground value which would be added to our NAV and should rerate our s/p almost overnight.

inherit2mill, into the filter bin for being fake and irritating..

Just a reminder that Zulu hasn't seen a drill bit in over 18 months, and the Zim govt have recently stated that they will revoke licences where mining assets remain undeveloped. Since there doesn't seem to be much interest from outside the country for a farm in partner for Zulu, I would like to see the Zim govt take a stake. The lithium pie there ought to be easily big enough to share and govt oversight should help rein in GRs propensity to play fast and loose with funds. Just IMO.

True Stebol, over a thousand airy posts in a couple of months does suggest an obvious agenda. Perhaps new to the job and a little too 'tryhard'? Don't think the newcomer is Xulu though, as he was full of facts and figures and had a bullying streak as some of these boiler room merchants sometimes choose to display when opposed.

Crafty beggar, slapping a voluminous tome of a defence onto the judge's desk to keep him tied up and occupied while he dismantles the company. I hope the judge quickly sees through this ploy and recognises Hope as the corporate flesh eating virus that he is and grants the restraining order tout suite.

Yes, the curse 'may you live in interesting times' never made much sense to me until now! ;-)

The RNS of 14/2/2019 does strongly indicate the destination of the funds will be RHA, in order to progress the operations there.

I haven't been following things closely lately so may have missed the conditions of the $6m payment. I assumed it would have to be earmarked for RHA use alone but I would be more than happy if some could be used to fund Zulu drills.

That makes encouraging reading, tedoby as I was beginning to question the veracity of the claims of rich lithium resources at Zulu. It begs the question though, why didn't the govt elect to throw cash at Zulu to kick-start it, instead of the RHA money pit? It would require less funding to get it to DFS whereafter a JV partner would likely jump on board to expedite things. Zulu sounds like a much bigger resource with better long term job creation potential through value addition by beneficiation. Perhaps foreign inward investment funds may stretch to bankrolling Zulu as well? If I were a member of the Zim govt, I think I would like to buy into a slice of the Zulu pie myself. ;-)

I wonder if judge K clearly found fault with both sides and tried knocking their heads together to come up with a negotiated settlement, but perhaps Hope's greed and our BoD's thirst for revenge has polarised them, leading judge K to wash his hands of the matter and steer the squabble towards a jury hearing, knowing that an all or nothing outcome there will concentrate minds beautifully?

(Armchair Spurs fan since the days of Jimmy Greaves in the 1966 WC)

at 2.55p. The rains seem to have finally abated over the area so presumably drilling at Cheyeza West is under way. Hopefully, production from the demo plant will help to fund things indefinitely without the need for more dilution.

I won't even mind when we have to give Hope half the company and only end up with £1.19p a share. ;-)