Member Info for mattwales

I wouldnt worry jonjo he is armed to the teeth with new shares he can issue.

I look forward to the next bull**** he will buy.

This guy could buy a dolphin and spin it as aqua marine mining.

li3 got awarded it for minimal application fees....id say pre shareholders shafted yet again

jonjo he bought non producing assets in Zimbabwe.

both of which he specifically told shareholders he would never do again.

zimbabwe is imploding and the moron buys more zimbabwe assets, u couldnt make it up.

try offloading it and we'd get $5000.

acker is the best authority on PREM from a trading perspective consistently.

I think its obvious to a blindman its going back down to the 0.05s then surge of buying rinse/repeat

more like I traded it from the bottom up to the last spike but kept my original position and kicking myself I didnt sell that too jonjo

https://www.youtube.com/watch?v=_8mduTEvnU0

not a chance anything remotely like that would be RNS.

I bet you we have a placing in the next few weeks at 0.05 or so.

if there was any RHA offtaker it again would be a material event needed to be disclosed by an RNS there isnt one.

just a webinar of some bozo lying through his teeth to get a share increase and placing away.

there is no RHA offtaker…….RHA will never go into production....if it was in anyway profitable it'd have happened FEB

if salaries were deferred kiddo it would be RNS'd as per market practice of every material event disclosed.

your told wrong.

reality check

https://www.theindependent.co.zw/2020/06/19/zims-economic-crisis-reach-a-breaking-point/

tell me how a company losing $200000 per month can survive without a placing.
seriously they got about 2-3 months of funding and will nee more over the coming weeks.

till the realisation hits that RHA will never go into production.

5 months of its profitable but we sit and do nothing jonjo = bull**** its loss making

while we wait for the EPO the economic crisis is people starving to death with hyperinflation with machete gang running riot around gold and other mining pits etc.

realistically wolf is right. a gun was held to shareholders head and anyone with sense approved the share increase.
It was the only choice to be taken or lose everything.

the positive is its still trading.

the negatives are starting to reappear with buying non producing assets, also in Zimbabwe both of which he stated he would never invest in.

From the Circum RNS he seemed very keen and i hope he doesnt pursue Circum pref shares in their rights issue.

Given the delay of RHA for now 5 months it is more than likely moving into production isn't profitable as they stated.
If it was profitable we'd have been producing tailings from February and about to move into full production as we speak.

MNH promised expansion did not happen with all PREMs $1m invested in that expansion and that seriously has me spooked because we invested so much for so little return.
5600 tons when the presentation stated target by now would be 15000 tons and i find it alarming there are no answers to why its so low.

I know i for one got so excited about MNH because it wasn't run by GR and i thought we'd have some resemblence of truth albeit from another organisation we were invested in.

The excitement of the Circum payout has died and the spooky thought is this guy will see a eturn in Cicum Pref shares.
Realistically potash wont come back till at least 2022-2024 because of complete oversupply.

Next ZULA EPO huge huge potential as told by the company.
Realistically with the lies told we're probably just buying an empty field and the gold etc wont be found.

We owe Stephen Dattels $300000 and he could orchastrate a twist your arm George and we end up buying Circum pref shares as a result of bargaining.

We owe bozo George and his m8s $200000 so not only is he sitting there not doing a thing he's charging 10% for the privalage.

Unfortunately im siding with Moljen most of the $290000 conversion is still to be sold and that Australian company will dump PREM shares as soon as they can. Same with MNH management.

That and the company losing almost $200000 a month and it has disaster written all over it as we need placing money before all these last shares have been dumped and the buying side realises this.

the only saviour PREM has is MNH and we were given an overly positive expansion scenario in the presentation.

I was so excited about MNH because get that right with the expansion targets set within that presentation and no more dilution would have been needed.

I got spooked the moment we were told 5600 tons when the target as per the presentation was 15000 tons at that point.

It remains to be seen if MNH will ever hit the potential we were told in the presentation.

However, given everything else that we have been told and lied to about it is unlikely.

7/4 issued $200000 to himself/others at 10% loan
9/5 issued $290000 of loan notes convertible for shares.

also received small payment from NIEEF in the interim of over $100000.

PREM losing circa $188000 a month with still an overhang from this last placing as share trading has died.

Meanwhile with Zimbabwe economy breaking down more seriously under lockdown with inflation spiralling out of control in one day falling 50% against international currencies.

This kid then decides to buy more Zimbabwe assets with shares, albeit some Mozambique land too.

Hyperinflation of PREM shares to follow this kid excited about Circum PREF share rights issue and all sorts of nonsense and diverted from focusing on existing assets.

I thoroughly expect a pump and dump to happen over the next 4-6 weeks so he can get the next placing away.

this makes me laugh the most it sums up here perfectly

https://twitter.com/TheGeorgeRoach/status/1102670162694680576/photo/1

Added to this George specifically told everyone he would not add any non productive assets ever again and never in Zimbabwe.

One SGM out of the way 6 days later he buys non producing assets in Zimbabwe (he was telling us he was avoiding)/Mozambique.

Its why the glee over the Circum RNS is for me an oh no because you can clearly see he would buy Circum preference shares given half the chance.

There is ZERO focus on what we already have and now he has a blank chequebook.

we were told RHA profitable with electric. 6 months later nothing because it is doubtful it is profitable.

He can spin this through for years saying well its NIEFF holding things up.

The reality is if RHA was profitable we'd have been up and running the moment electricity was in place.

The MNH transaction was the one that pulled me into wow factor and that died the moment we were lied to about production expansion. If they had got their production expansion target we wouldn't need to place more shares for funding.

however, its clear that MNH isnt the profitable vision anyone basing their decision on the expansion thought it would be and doubtful it ever will be.