Member Info for Moljen

Doire, sure Napom will come back and tell us where it's all been published before and in which RNS because if he's relying something said in an interview etc we've all had experience of that one before with the infamous "no more placings" and then they went and right royally screwed us.

Learnt from bad past experience to read the RNS's here very carefully - "secured a proposed investment" doesn't actually say the Ministry is proposing to invest to em equally could be they've acted as a broker, according to GR we've had lots of proposed interest which have never quite come to fruition. Funny feeling this one will be similar.
Re the Barra report, I assume you also noted a Nov RNS which says in-house results sent to SGS South Africa and we'd hear the results in due course ..... 4 months on still waiting to hear, wonder why?
So we've had a placing for 444M shares to mobilise the drilling team who are now doing what, you'd think they wouldn't be drilling at cost without the complete deal and we've no cash to pay them market rates. Bit like Brexit this, never quite actually happens.

Smile, I'm not too sure where you are getting $6M as to cost to get RHA back in business. One would assume if the money were to ever arrive the intention would be to follow the Barra report from last Oct which indicated a peak funding requirement in the region of $1.5M
Also just to be factual also the money hasn't been made available - the ministry has secured an investment (from whom?) which is subject to completion of the necessary agreements.
Without an injection of cash we don't have the money to drill Zulu so I'm not too sure how you can with such assertion the share price isn't right, many would consider it to be there or thereabouts for a cashed out miner having to rely on the Zim government to cough up or place a silly amount of shoes just to cover the cost of drilling and acquiring KMW.

Truth hurts there Napom then - returning to default mode as usual insult and when that doesn't work "you're not a holder". Jesus you're like the kid in the playground who takes the ball away, pathetic.

Is waiting on things that are out of their control the new mantra to justify the situation the Company is in now? For more years than I can remember decisions have been made by the Board which are why we are where we are, it's SFA to do with things that are out of their control.

Bashing a stock is what shorter do, what I do is question the information presented by the Company either for the lack of it, insufficient detail or when people like yourself come up with rubbish like 25% of mobilisation has been paid.
It's called critical questioning, perhaps if you had done some of it back way when you started your group you wouldn't now all be running round getting your knickers in a twist.
And yes as I see absolutely no future in this stock with the current Mgmt mindset if it does spike I'll be off, if it doesn't the ten grand left is really neither here or there compared to what it has cost me already. You're beginning to sound like you've invested more than you should have?

Another peach of a piece of wisdom from you there - it's a bulletin board for share discussion
What an idiotic comment, up there with your calling somebody a fool for selling last August.
Actually based on that advice / opinion you have the Board is probably better off without you posting at al, let alone 24/7.
Next

Good lord yet another one - here's what you were saying to people last August ..... " just when things have never looked better for a return on your patience you sell"

whose the investing super clown now then Daddy?

You mean IF and no I won't be eating humble pie because I'll be too busy selling everything on the spike before the inevitable dilution to hell follows and the sorry saga goes into repeat mode.
Don't you worry about me though, I wasn't the person averaging down during Feb and telling everybody else to do likewise - did try and tell you then that you should hold off but you preferred to name call rather than looking at the facts.
Still doing so I see, hey ho your money to p*** up against the wall so no skin off my nose. PS - masterclass of silly billy posting over the weekend

CF - nothing has changed in the way this Company has been run since the time of my "uneasy" posts when the last massive raise was done.
Unlike some here saying massive rerate coming, now is the time to buy, putting up ludicrous valuation statements I have consistently suggested this is not a widow and orphans stock and is rather incredibly high risk (unnecessarily so to a large extent due to Mgmt decisions). That makes me a scmuck or a w4nker, so be it but for goodness sake for you to saying try and justify it by saying it is the same wherever you go on AIM is absolutely disingenuous of you. There are some well run companies on AIM, unfortunately as we are finding out Prem isn't one of them.
What is bang out of order isn't my comments it is the way this company has been run and the likes of yourself resorting to slagging off people who point out the bleeding obvious.

Coming from the person with a history of congratulating Zulu, Microtan, CF and Napom for their previous wisdom PMSL

Possibly down to the 5's when the next dilution comes despite the absolute rubbish posted on here over the weekend by some.
Just think about it logically - we don't have a deal yet (not that I think we should do one anyway) with KME so if they are drilling they sure as hell won't be doing it at the cost price as some suggest. Same people who also suggest we delay the AGM as long a possible which would be totally at odds of doing the KME deal as it would mean months of supposedly drilling at market rates. Same people then say we've got months of cash in the bank, yeah sure look at the interims and the current liabilities, cost of raise and BoD salaries for months on end.
My guess on the reality is SFA is happening on the drilling, no mobilisation (why on earth would anybody start work if payment wasn't sorted), Zim Govt and $6M is like looking for life in a Norwegian Blue, Circum yeah sure and our bank balance probably resembles that of the Zim Govt.
Probably explains why price is where it is - it's not exactly been rocket science over the last year.
Look toward to the same people slagging my view of again, just remember they're the same people who have been shouting buy buy buy for the last year. Personally I think they're as dangerous as GR is as to your investment in here.

Napom - as per post my issue was ANY dilution and you've come back with yet again it's all rosy and now we'll only need it if Circum comes in so it's months down the line.
At this moment in time we don't own KME and they're drilling and mobilising so why on earth would they be drilling at cost at $45pm? If they are drilling at that price why are we even bothering to buy them there is no gain so as things stand your $900K is way way out, 2 years ago GR said drilling was $75pm. You can't have it both ways we get the lower cost IF we buy them and we ain't bought them.
Secondly we raised £400K, by the time you take off costs to raise (say 10% being generous), due diligence (been there several times personally so again being kind £100K), our historical amounts owed (see BS net current liabilities from interims), the BODS near £90K costs for the first quarter ending.
All of a sudden our £400K isn't quite looking so rosy as we only actually have possibly a max £200K to drill before we're back in the same boat.
And IYO this is the best time to buy? - personally the numbers you have just presented would suggest not as they are totally reliant on the Zim Govt coughing up (how long we been hearing that?), Circum doing something (how long we been hearing that?) or another placing.

Well if in your opinion now is the best time to be buying why on earth were you buying (twice at least if my memory serves me right) during February when the price was 0.001345????
That's a near 40% downside already so wasn't a particularly bright move for either yourself or any who followed your advice then.
I note your use of "heavy dilution", strange how you don't use no dilution, you having a little pump here because ANY dilution normally means another -20% so just IMO for balance (as drilling still needs to be paid for) I still wouldn't buy or add here as the risk levels are still too high. Guess we'll see whose right in due course.

At one time those 616 shares somebody sold for 51p were worth over £16 - what an epitaph to the woefully inadequate and incompetent management we have endured year after year and some want to continue to support it.

Unfortunately Gents we have to accept we're in the minority here according to Napom and his grouping unless we can come up with a round 800M shares. To do that you need some heavy hitters to commit - perhaps if somebody like Luther posted and indicated his feelings you'd have a better idea as to chances of success. Or dare I say it to some of you on here, Val is probably in touch with holders of 100 to 200M.

MW - trigger was the 2PM 3rd intra day auction being unable to find a price, for more detail here's quite a good explanation https://aim-watch.com/articles/price-monitoring-extensions-explained/

Problem with this share is too many have buried their heads in the sand and continue to do so

Lord help anybody at this moment in time if you've got a few grand in here and need it anytime in the near future. Maybe when it's in the 6's or 7's certain people will wake up and eventually smell the coffee and realise that a fundamental change in culture is required starting with the people who have got us into this mess being called to account rather than just giving them carte blanche to do it all over again.

Jessell - be careful you'll incur the wrath of the "all is rosy brigade" by agreeing with me on anything. PS you have massively gone up in my estimation as a poster as time has passed by sticking around as your opinion as changed and explaining why whilst others have slinked off into the ether when their forecasts of riches have gone up in smoke.