Member Info for lloydyboy

so should see a 30+ close

thats a decent hour trade in fairness

Let’s see above 30

I’m not worrying. It is great that the protesters are useful for a change. Comms are great from them. Chris oil has no impact on anything, a hindrance at best

Check Twitter again

Leaving site. Interesting times ahead

Also consider why the circum shares were cheap in the first place, someone knew more than gr and did not want to be sat locked in for ever more. worth the hit if you ask me

Get what you are saying but legally binding in Zimbabwe means zero to me. I hope I will be pleasantly surprised but I don’t value rha and I don’t value the amount of money bumped into it either

i think you need to look at a fundamental board change as GR is not going anywhere. He wants to but he is also a proud bloke. The board should be formed of new experts and individuals with a proven track record of setting up deals to release value of the assets. You also want to get a real time plan on RHA and where the value is coming from. You would probably want an NED to look at putting pressure and building a relationship with circum because we are currently in the cold. You may also want to consider a salary suspension, tallied with a performance related bonus focused around the Mcap of the business and a guarantee that their will be no more GR financial favours in exchange for Zulu on default- if that happens there is no reason for the company to continue as GR will get the jewel in the crown. Also trim the fat with the useless fcuktards on the board that have brought nothing to the party (all of them).

RHA is it worth it..... look at the previous rns... it is not of interest to anyone.

Lockedin. There will be a couple of options moving forward. A raise in the share cap via EGM- again. A promise that things will change, even though they cannot fundamentally change right now. Or the voice of the people will say no to a share increase, putting the company into suspension. No resolution will result in de-listing. This is why people need to be fully aware of how mass action will affect their investment. Best case scenario, more confetti cannons added to pay salaries in 2020. Katate needs to be JV'd NOW and a full DFS conducted at the cost of the third party. GR trying to be greedy on Zulu has now reached a point of no return and something needs to be given up there. RHA needs to be given back and Circum needs to be sat on, probably for another 3 years in all honesty- lets be realists. The biggest elephant in the room is taking cheap assets in an arm pit of a country. Can Zim Govt really afford 6mil? If they do does this not set a precedent for other company's to exploit?

With the best will in the world Zimbabwe is not working out for PREM, this is clear for all to see. Including potential partners. Sell up, ship out and buy a diamond or gold mine in a more stable african country that is not fighting hyper inflation... if there is one?

GR has nowhere to turn now, NOWHERE, he needs to share his prized assets to increase sentiment, cash flow and shareholder value. FFS- He is one- the biggest one.

Sorry state of affairs when you are reliant on a cash injection from a company that does not respect Prem in the slightest. No wonder there was a deal on the price of shares

Based on previous dealings I think you should approach Brendan. He could help and replace George- he is a much better negotiator too

chippyjo, his hands are completely and utterly tied. The main concern for me is prem de-listing- this is a very real possibility and dont think for a second that it is not, we hit the share cap and we are bust, lights off. The one immediate option is jv with zulu but it will be a low ball offer to develop the asset. However it may be a couple of million to keep the company ticking until circum finally progress. RHA is not work a wink. Never has been and never will be. Better off selling it now and passing on the outstanding nief money as a sweetener, sell it for £1 as it is not coming quickly.

Out of interest if you got gr to step down who would you have as ceo or interim ceo? Your best bet is getting someone on the board, an ned that is not looking for a huge salary, to increase comms with circum. Kte is not ready and poorly explored, Zulu is not going to have anything done this year and rha is a huge money pit. He does not even know what wolframite rates he can get. It could even be an operating loss. Circum comms need to be improved and an ned to build a relationship on that front would be worth their weight in gold

Napom, it’s evident the company cannot afford to progress any asset and the shares today are to pay salaries. If this doesn’t demonstrate that something needs to be sold or jv’d nothing will. Shock horror zimmers is taking the time on money too.

Needs to be sold and quick

Lol

Heid look at what I have posted you can see it that way. Apparently rns that there was a blow out- now the rns has disappeared lol

Agreed- ******