Member Info for knicol46

Winding up of RHA if no progress on equity status, PREM expected to own 100% at that point. GR does not want this option. Latest results still expected on or before Friday 27 July 2018. Full time financial director will be appointed. Due diligence continuing with Cadence Minerals with regard to the ZULU deal on the table. NO more convertible loan notes/funding type deals. NO plans whatsoever for any share consolidation.

RHA external consultants reviewing alternatives to assist bringing the asset back into production. Price of Wolframite indicate high forecasts to 2023 @ $350 metric ton current. Production resumption expected very quick. Nothing will happen until the equity situation is resolved with the ZIM gov. 90% PREM, 10% ZIM gov expectation. ZIM gov just awaiting a sign off with the president. RHA NO further equity dilution with shareholders. Alternative JV, new equity partners @ project level and/or pre-finance offtake agreements possible.

code: 139614727

take your seats, drinks & snacks being served

tick up expected

Net assets of the Group at the year-end were £6,313,000 (2017: £2,737,000).

As at 31 March 2018, the Group held cash balances of £3,124,000 (2017: £1,723,000). The Group's cash balances at 20 July 2018 were £3,585,000. The forecasts demonstrate that by reducing the level of discretionary exploration and development activity the Group has sufficient cash resources available to allow it to continue as a going concern and meet its liabilities as they fall due for a period of at least twelve months from the date of approval of these financial statements without the need for a further fund raising. Net assets of the Group at the year-end were £6,313,000 (2017: £2,737,000).

year high price

appeared

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GM resolutions passed

shareholders so far has been we don't give a damn!

2 sitting on 5p, 3 turned blue

apply market order will execute at best price or
apply fill/kill or limit order @ next band 4.35p may execute or
10k buy @ 4.3p available current or
await movement

positive movement

something brewing

The Board is pleased to announce that its wholly-owned subsidiary, Bachmann Plant Hire Pty Ltd ("BPH"), have acquired a Hitachi ZX470 CH3 Excavator.
Shaun Fraser, General Manager of Civil and Earthworks said: "The excavator provides the business with additional capacity and functionality as it is now the largest excavator in the fleet. The growth asset will underpin targeted infrastructure expansion and drive productivity gains in core markets.
This Excavator will be utilised initially on the Brisbane Airport expansion project.

tick up ahead

2 already parked back on 5p

volume will give rise

at unbelievable price