Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Tend to agree the man has no plan. There will be no NEWCO its just another time waste. There was a post entitled 2 pigs when he announced the previous deal for ZULU and nothing came of that. That poster was all over it. I stated back at the start of the year he had no idea what to do now he had run out of money and RHA had failed again and lets be honest about it thats exactly how it has panned out.
There has always been potential here but a complete lack of managerial ability to go with it other than dilution and tidy interest rates on loans to cover his own ineptitude and a hefty pay rise the man has delivered nothing GR is completely incapable IMO.
After GR the biggest disappointment here has been the original share holder groups performance what a bunch of weak willed sheep. Roach should have been removed I am currently over 50k down but If I lose the lot I will take a small amount of consolation from the fact that the group of spineless individuals will probably suffer the same fate.
What is the point of forming a group to sit and do absolutely nothing more than investors were doing prior to its formation as individuals. I left as a result of there inactivity and they have done nothing since despite the lack of direction and continued decline.
You might as well have started a knitting circle. Embarrased for you all.
If you think thats harsh feel free to pop on and tell us about all you have achieved. Even GR has achieved more. He is laughing at us all but especially your group.
Weak weak weak.
Wolf its always the next quarter here.
I think GR might be a mysteron every time a disgruntled shareholder gets in contact with him they come back mind wiped and a believer. some kind of mind control going on. Captain scarlet for CEO.
haha you tube is the best :) I Would probably be better served researching rather than watching a load of puppets but there are certainly some similarities here :)
conduct here its truly shocking that should say, angry fingers :)
If you had said to me 12 months ago we would be in the current mess I would of laughed at you. I was full of hope going in to 2018 based on Mr Roaches almost daily assurances that all was on track for profitable production.
What a snake is all I can say we all sit on huge loses he awards himself a huge pay rise.
Far to many excusing his coinduct her is truly shocking and he is soley to blamne as he has had free reign here.
No false expectations here this year at least, cant see anything coming that will move us significantly from here.
He cant leave he hasn't sideloaded the assets yet, not long now though until we have to start selling bits off on the cheap. I wonder who will end up with Zulu.
He has been down this road before he knows exactly what he is doing.
Hi Tedoby I would much rather sing the praises of PREM sitting on a profit or at least if on a loss sit with confidence in a company with clear direction and strong leadership unfortunately thats not the case here and to be honest Mr Roach has rubbished my investment far more than I would ever be able to if I posted for an eternity on here.
I do like to read your posts so dont let my anger at the ongoing debacle deter you.
ATB
Honestly Ted, strong buy. Ted do ever see a negative in anything. Love your posts but it has crossed my mind before that you are linked in some way to the company. Never a negative word or any level of disappointment often thought you might be the man himself lol.
Mr Roach is the only winner here. Such a shame Nappoms shareholder group had no backbone. almost a billion shares and not 2 balls between them ;).
Only one winner in a battle there, GR he has a brass neck and balls of steel to award himself a pay rise. I think he will continue to accumulate shares until between himself and his little family group he has enough to disregard the share holder group and proceed in what ever way he see fit to line his own pockets.
This IMO has further to fall, I can also see consolidation looming.
similar average longlad and there is no way I could buy more after 3 1/2 years of averaging down and watching the goal posts continually move and with zero delivery. I don't see it as a missed opportunity anymore as if it does recover I will take what I can but averaging down is no longer an option.
I always firmly believe In my own research but my confidence here has been seriously knocked most of the RNS'd
info is irrelevant now and the company direction is atrocious from years backs approach of buying near term cash generative assets, sounded good lol Thought we were a well focused company with direction back then to the continual purchasing of Circum shares through dilution was starting to feel rather concerned by that point still stupidly averaging down though based on all the equipment purchased for RHA and all the positive bluster from GR continually confirming how we were on track for Profitable production.
The latest debacle of having to re list our own assets as a new company because Mr Roach has cocked up so badly we have little other choice, I was waiting for some of his long term supporters to state how it was yet another of his master strokes. I Still think RHA is a complete waste of time money and effort regardless of how much of it we own I am really just hoping Circum quickly provides enough to progress Zulu and get away from this company with a profit.
Leadership is everything a great leader can produce amazing things with little. Unfortunately we have the exact opposite. His only real masterstrokes here are his salary and the fact he is still in a job.
All just opinions.
To be fair to old big balls he has not been able to chase one individual or department for the last 12 months its been a pretty fluid situation. Lets face it we didn't even know who was responsible for the sign off for months I honestly don't think the Zim gov new who was either there has been a lot a change and reschuffling of responsibilities over there.
personally though with all the money he has thrown away and with his supposed experience of Zim you think he would have gone straight to the department of backhanders as lets face it nothing will happen until he stumps up some cash. Despite all the big talk its still basically the same crooks running the country as before and still a massively corrupt place.
Mr Roach is the man, he has basically blagged a 100% pay rise whilst having a year off waiting for Circum. The only things bigger than his pay cheque are his nuts.
Desperate here, Must be nearly placing time. I cant recall a single occasion in near 4 years where GR has come back after the expected time in fact its the only area where he has been early 100% of the time.
Good old George he will see us write. Another six months wages/shares till Circum hopefully pull him out the shit whilst we watch the SP slide further.
Festive period soon I really hope ChrisD doesn't return spouting 1p by christmas again I really could not cope with that this year.
What % are your group holding now,
For those not so sunny side up on here I am certainly one of you but tend to agree that this is looking better but from a different perspective.
The whole NEWCO RNS came out of the blue another curveball but I think that is a real indication of how close CIRCUM is and Mr Roach being the self serving man that he has proven himself to be over my time here will not want to give away the CIRCUM windfall he will want his share being the largest individual holder thats what the whole ringfencing is about not to protect us but himself.
I also think that the issue of shares in NEWCO will be on more favourable terms than you would normally see again due to his own holding and lets also be honest there has very rarely been a transaction here that hasn't resulted in financial gain for Mr Roach.
So basically stay aligned with the greedy little man and you could come out of this quite well.
Not his biggest fan at present, that may change. AIMO
Well wasn't expecting the week to pan out like this lots of news most of which none of us expected but here we are again. The problem I have now is I am a curious f///// and at times rather impatient and I know nothing will be released until it has been voted on and approved but my little mind wants info of potential MCAP number of shares to be issued potential ratios to be received for current holdings to see potential benefits.
back to waiting.
I was hoping based on all the hype that we may get somewhere near enough to an acceptable loss to do just that. Unfortunately despite an extended unfounded rampathon we never made it and as usual Mr Roach delivered a curveball the market saw as another load of crap an the price plummeted again as you know.
So that far down might as well let it ride and lose 60k as sell and lose 50k but I do it with absolutely no confidence that we wont be in exactly the same position next year. Don't worry not going to hog the boards with endless negative drivel but just don't see how some of you just endlessly keep pulling positive out of this debacle.
Lets be honest with your prediction history if you are advising me to sell up this is almost 100% certain to come good as you have predicted nothing right in my time here ;)
All the best.
I don't think I want to hear anymore of what Mr Roach has to say had a skin full. It was almost a year ago we were supposed to be a producing company he lied right up until pulling the plug. That according to you and others CF73 was some kind of master plan and yet again here we are another complete change of direction after waiting all year for the ownership resolution to send us on our way and yet again he moves the goal posts.
He is and has been for a number of years a complete f///// liability. Its costing us dear as shareholders and I am still not convinced he even has honest intentions.
CF73 Don't believe there is any chance of Zim funding thats not realistic they are on there arse financially funding will come from elsewhere. IMO.
Thanks for reply profil40, I have lots of shares already wondering how many I will receive and what the value of the new shares will be.
Anyone have any thoughts on the ratio of shares issued for newco.