Member Info for Mike56

Tilly if your post earlier was a reply to mine I’m not a negative poster I’m just asking a question, as for being an exploration company that may be the case in certain areas but surely with 3 wash plants etc we are now mining.
And yes I am an investor who looks at balance sheets those who don’t are pretty stupid in my eyes.

Cheers next results should be interesting

Sorry Ian that doesn’t answer the question are we in production which I assume we are and if so are we making profit. If we are why not use the money from profit ( rather than have to pay tax on it ) also no need to dilute

Morning all , just a question why not use the money from production profit

Many companies get sold on future turnover/ profits

My guess is sell a portion get a special div mine the rest and get a yearly div ( pension )

21p

Let’s hope it goes to 14 will sell my bike and go all in

Very conflicted with this news, great there is investment but as others have put if we where looking at the sale of any assets why not use the cash from there. Also does this mean the other cash raised has all been spent. Twice now in 6 months we have been diluted , but on the other hand this makes me feel like we may sell some small assets and give a div out as a sweetener and mine the main assets themselves .
Let’s face it come Christmas or early next year the sites will be up to date new machinery low cost extraction and rising costs for PGM , why sell for one div when you could have one every year.
Not sure what the plan is but why put out a 5 year plan if the mine isn’t going to be yours

Bond so why is the sp down

I have read it several times when someone says there will be a five year mining plan carried within the next 14 days I was expecting the whole mine not a bit here a bit there that’s why it hasn’t been well received

There is such a lot of crap posted on here,

1 people are controlling the SP the SP is dropping because people are selling

2 why when you have held so long and believe so much in the company would you buy more shares at plus 30 when 2 weeks ago you could get 2 for 1 at this price

3 just be honest and say you thought there would more info on the whole company than what was put out today

I’m not de ramping I have what I think is a fair holding in the company and won’t be selling unless the sp goes below my average , thought there would be more info today but hey ho . Just sitting and waiting for the day .

So the RNS this morning appears positive I know a lot of people say SP is being forced down, if this is the case why did we get such a high rise 2 weeks ago based on the fact this mornings news was being released, now we have it what’s made this drop and not a rise above 40

Not really what I was expecting thought there would have been more detail over the whole area , I’m sure I will be berated for the comment

Hi dealer was that for me “you never end”

The last RNS said the report should be completed within 2 week no mention of timescale for next RNS

Would thought the RNS would have been tonight I always understood the BOD where very much on the side of the investors and would have made for an interesting weekend seeing as it’s supposed to be released by Wednesday . Still don’t believe this next one is the golden ticket but ever hopeful. Guessing it will be quiet barring the usual clowns over the weekend

Please don’t tell me your sitting watching this seesaw all day long to end up back where it was this morning

I think people may be a little disappointed as I only thinking this next rns is just a plan of what is likely production wise etc and not the sale of anything just yet

Very choppy today wait till tomorrow