Member Info for mattwales

to be fair the turmoil in Zimbabwe of lots of political wars playing out in a power grab for who controls Zimbabwe is stopping the EPO process and not PREM being denied it.

he knowingly bought assets that were being illegally mined and you talk of a move to transparency.

what about the million or so spent in hard cash on the MNH expansion that never was.

why would I move on from the ignorance of people posting what GR says and posting it as fact.

on a positive note of there is any I just bought an 1880 French portico clock stamped G.R cheap.

unless our GR this clock actually works.

mal where are the TR1 holding announcements for MNH management?

exactly there are none.

meanwhile the company is blowing $2m a year on placings just to stand still.

Then we get idiots like jonjo stating it doesnt matter the directors, management and consultants will be paid in shares the loss will be less.

No it wont, it'll mean just as much dilution except these are shares they will dump to pay their bills.

sums up everything. We buy more of a stake and MNH management cant sell out fast enough.

They know their own expansion is full of **** and they know GR I just as bad and you guys witter on about having Stephen Dattels on side.

I think the play will be 3/4s of the Lithium assets sold to SD on the cheap, pretty much like Circum.

if this moron had got RHA running with electric years ago no one would be complaining.

instead he lied told everyone its on care and maintenance.

now we find out from recent communication he didnt do any care and maintenance because the company wouldnt need $1.7m to get it into production.

cant u see the negative side of what has happened? this moron could have electrified it for the $1.7m needed to get it into production. he is a fools paradise.

.at whatever cost ! having witnessed it 1st hand you will twist, turn and mislead at any opportunity .. thats a fair overview of where we stand dont you think!

Thats GR all over, acker is just pointing out nothing has happened for years and given the history is unlikely

we're just countering the bull**** you type Charlie as GRs cheerleader.

mal, GR influence this company more than anyway with RNS and webcasts.

This last webcast he did has failed to move the SP higher like all the others.

He uses the webcasts to pump the SP while then seeking placings which is obviously against FCA AIM regulations but this guy long list of breaches so what does he care.

I believe we will have a placing before EPO and why traders not bothering to trade it as they dont want to get caught out with a 40% loss.

Who can blame them with increasingly false, inaccurate statements from the BOD.

No one is questioning where the $1.9m went for the non existent MNH expansion.

If they had got that right we would not need placings anymore. We still do as MNH hasnt been expanded.

even James Goozee who briefly appeared on the board who said he may buy 10% of the company hasnt and has i presume allowed himself to be diluted here with placings.

Most are in wait and see mode which is why not many shares are being traded.

Mal, I have had a stake in this years then I averaged down.

I have traded this a few times I was clear on that but I kept my original stake.

Mal, no one and I repeat no one can influence a cheap entry point just like no one can influence the SP up with being bullish.

people positive on this are like watching The Stepford Wives.

The only day out in the sun you will get is the EPO signoff which looks increasingly likely it wont happen this year.

I say this because Zimbabwe is pretty much under police and military curfew.

The Government are as corrupt as Mugabe and they are focusing on oppressing the people while stealing as much as they can rather than anything else.

i'm siding over with acker on this...…..review it all in 12 months.

People are negative on this for one big reason false and misleading statements from GR for years.

Then everyone negative gets shot down with looking for a cheap entry point.

No, we're frustrated because this guy is an imbecile and he constantly runs his mouth off with false and misleading statements both in RNS and Webcast form.

we're not in production because RHA wasnt profitable.

Its why he put it on care and maintenance in this first place.

He is the reason why PREM needs $1.7m to get RHA back into production because his care and maintenance was non existent.

This guy has made so many false statements and everything he states you believe.

I am in so much doubt over false RNS statements for years that I seriously cannot believe any offtaker would be interested in RHA. Now we're told one magically appeared in falling Tungsten prices which they are happy about.

It's highly doubtful and dubious just like everything else this guy comes up with.

huge big IF RHA goes into production anytime soon

GR has run out of mugs with his webcasts continually speaking of producing tailings since February.

In his fantasy world from that time we would have been in production by now.

Then he lets its slip over the past month RHA needs $1.7m to get into production an this moron threw $1.9m at an MNH expansion that didn't happen.

Sooner GR is under FCA investigation the better.

From memory Stephen Dattels took a great part of PREMs Circum investment on the cheap.

Lets hope we do not experience a repeat on Lithium assets.

jonjo, gold price is pretty high and it makes sense for anyone to invest in solar panels if they are already operating a gold mine.

diamond prices are starting to recover from their nasty 4 year crash.

dont get me wrong Zimbabwe is pretty much untapped for resources and I am sure a lot of companies will be looking to invest in both gold and diamonds.

Commodities linked to the current over supply of world steel is another matter.

Of course in time manganese and tungsten prices will recover from their current slide....should there be no more lockdowns or any banking crisis it should be q1/q2 next year.

However, is isnt just Zimbabwe's economy falling apart, places like Sudan are experiencing high inflation/currency slide.

We are all very lucky we dont live in the developing world as it will suffer the most.

Zimbabwe according to ITV in freefall

https://www.itv.com/news/2020-07-31/soldiers-deployed-in-zimbabwe-as-unrest-continues-amid-growing-food-crisis

We have already been told RHA and EPO after placing (as per RNS operational update)

Circum will be delayed because supply for potash is much greater than demand. Potash prices are continuing their fall which is likely to stop in 2021. Cant see any IPO before 2022/2023 once we see recover in potash prices.

MNH expansion was non existant and magnesium prices are also sliding.along with tungsten prices also weakening for RHA. Both should bottom going into 1st/2nd quarter of 2021 coinciding with China steel mills going into overdrive then.

This is obviously dependant on covid 19. If leaders lock us all down again throw out recovery another year.

If we have a banking crisis (very possible) throw out recovery in commodity prices out too.

I cant prove a thing jonjo but I have emailed my concerns of unlawful exposure and insider trading to market.abuse@fca.org.uk