Member Info for JimBL

Just a note on that, Mark. I was originally with Hfax and moved to IG before the split. It took 13 weeks!

And that was in consideration of Mebaga only - as Leinster and Malelane were going down the tubes due to issues in SA (labour laws, strikes etc).

Old brokers note from 2013 put a price target of 10.4p on FRX - prior to Kumba deal etc.

Me too. This was my very first foray into AIM and DR's track record and the IO assets made an appealing investment, or so I thought.

Think I should clarify this further. In 2015 the sp was around 1/2 a penny, or 0.56. In 2017 the sp in that same format was actually 0.05 and now it's 0.01275.
Diggit did not buy at the same price as Steve had been considering adding at, but 10x less actually. Maybe some folk are confused and are going to be somewhat shocked at realising this?

There was some potential big numbers for Mebaga as I recall Steve working out? Can't remember what they were now either unfortunately.

Iron Ore assets as well as Manganese. Unfortunately the global downturn in IO really F'd us right at the time we were about to do a deal with AA/Kumba (2014).

Steve's buys back in 2015 would have been at 0.05p not 0.005p! He was an original LTH of FRX and those of us who are still around from the float 10 years ago will have paid 3.5p to 4p for these when we started buying.

I'd second that. Oily as well.

It sure has. I'm glad and somewhat relieved that RL came out and stated they are going back in early Nov and it once again appears to bode well as suggested. Hard to see how much rope they have left though if they leave without it yet again or without a clear unambiguous statement on when it will be issued and we can start producing.

No offence, but we all thought the most recent trip boded well - and look what happened. DR was never going to previously say to you or anyone else that the chances are or were low - but the fact of the matter remains why, 6 years after initially saying a license was imminent, and a ministerial decree officially granting the license 1 year ago now, we still haven't got it. The official blurb remains that 'the BOD know of no other impediments to the granting of the license'. After all this time and with a well connected local subsidiary (a Director of SGM was a Minister I believe) , I find that impossible to believe unfortunately. But hey, I'm apparently this board's resident pessimist for questioning a never ending and always unanswered delay.

Changing your tune, huh? Bit of a dog-whistle post I'd say ;-p

He's highly strung...

Andee definitely brings out our base instincts...

Trumpeting your opinion again ;)-p

Ah, Andee, always chiming in with indicative cymbals...

Trying hard to strike a chord, there.

Bet you a tenor his frequency doesn't change and he'll continue to wax lyrical ;-p

Well again, I point out that even IF we find a buyer for the whole upgraded amount, we stand to make around only $191,250 from that for our 51% share.
Hopefully they do find a buyer or buyers and that allows for the suggested growth over the next 5 years. We shall once again have to wait and see.

Bah, humbug...