Member Info for Jeremiah99

As I'm not a trader I don't get too stressed over short term s/p movements as the company has the potential to multibag over time. Global trends have certainly been against us lately, and the ebbing tide appears to have lowered all boats, the good along with the bad and the ugly.

I wouldn't say Prem have nothing - if estimates are to be believed. Perhaps over $20bn worth of lithium, a 5% share of possibly $1-2tn worth of potash and a tungsten mine supposedly capable of delivering 4% of global supply. However, the uncharitable might suggest that Prem's assets epitomise the definition of a mine as being 'a hole in the ground with a liar at the top'.

Ah yes, I forgot GR's latest cunning plan to protect shareholder value. Let's hope our Circum holding truly becomes ringfenced and unencumbered by any future claims from GR's family trust or eaten away by exorbitant BoD salaries/options, or whatev.

Bickmaster84 - I agree, in the (unlikely) event that Prem still hold the same %age of Circum when it's finally up and running in a couple of years, it would most likely add several pence to Prem's s/p - assuming we haven't been diluted to oblivion in the meantime.

We could buy up Prem and CB could ROTFL! :-)

ADJshares. Yes, I suppose it came across as churlish to wish ill on JLP shareholders when it was just their BoD at fault. I hope those here who bought into JLP do well.

Since it looks like this bag of worms will probably end up with JLP eventually owning the whole of Kabwe anyway, I would be very happy to see the mining license taken off them as well as karma for the miserable deal they offered us.

At least the oil price is recovering. We will hit the ground running when the litigation is sorted and we're back trading with a super duper major in tow. :-)

Trump could do with implementing some of his promised infrastructure projects as well, to create a bit of metals demand.

Good that you are engaging with AB,Vig, though I also feel his performance so far is abysmal, probably intentionally so. He could have found a competent processor to JV with to extract the metals at Kabwe - job done, it's not rocket science. Now he's likely just stringing us along again to ensure his continued salary. I fear though you omitted to enquire about the most important information that some disgruntled investors were hoping would be revealed - which branch of Waitrose does he shop at? ;-)

is fairly high for a supposedly quiet trading time prior to most returning off their holiday breaks. Hmmm...

I read that the US shale oil sector would struggle to turn a profit with oil at sub $50. A few analysts are expecting oil to average $65-$70 this year once Opec cuts start to bite, and they may cut output by more than recently stated if prices don't rise.

I agree, AIM should come with a wealth warning and SIPP funds invested there should be limited by law up to a maximum of say 20% of the total pension fund. The place is half full of shorters killing fledgeling companies, lifestyle CEOs and downright crooks.

I'm concerned that if we faff about with Zulu on the back burner for too long, someone else will one day end up with the license.

Perhaps the ministry will want to run a fine toothcomb over RHA costings over the last few years to see where exactly the $20m went and whether everything has been transparent or if there are too many '$100 shovels' etc. logged as outgoings, before commiting their own funds to the project?

Did Hope really try to sell FRR to a Russian company? I don't think he will have many friends in Houston/Washington if that's the case. The finger has already been wagged in the Senate over GG hindering the progress of FRR, a US based company. Is it also true that to all intents and purposes, BP are also more or less a US company these days? - Something I read in passing a while back.

We should have just cracked on with Zulu then...

The whole book description is worth reading, its only a few paras. I guess BMR Watch ought to contact Mr. Ulsteen to compare notes.

https://www.amazon.co.uk/Alex-Borelli-LIAR-Inept-Executive-ebook/dp/B07BN4D56C/ref=mp_s_a_1_1?ie=UTF8&qid=1545643081&sr=8-1&pi=AC_SX236_SY340_QL65&keywords=alex+borelli&dpPl=1&dpID=41Jg6aMiKdL&ref=plSrch

"Without caring about the interests of the company or its shareholders, Mr. Borrelli single handedly chose to give away one technology to the University of Florida for free, a technology which the Company had paid millions of dollars for. The company eventually had to pay an estimated $250,000 just to bring back the technology to the market. One of many amateurish and unforgivable errors on Mr. Borelli’s part. "

Leopards/spots...:-(

I notice the letter wasn't from the MoM but from Minister of Industry, Commerce and Enterprise Development, whatever can be gleaned from that.