Member Info for Moljen

That's the spirit however your view makes me add another -

The Lunatics (have taken over the asylum) - Fun Boy Three

How about a play list for Prem Shareholders to get us through these dark days as the leccy has been cut off for non payment of bills. I'll set the ball rolling:

Road to Nowhere by Talking Heads

They're never going to take action, too busy arranging a tea party.

Eddie - that's a bit mean saying IQ1.57, I'm pretty sure it's IQ15.7, about right for a sheep wouldn't you think bah bah bah bah etc

Think you'll find this has been in a strong down trend since 2013
Anyway where is the Grand Old Duke of Yours this evening, see the Door Mouse has been out - obviously not to apologise for his 18th Dec bullshit which probably suckered a few more people in but to insult somebody who believed the BS and has seen his £20K turn into £4K.
What a classy bunch of people you are, not too sure how you can look yourself in the mirror each morning

Robo - it was actually CF who said it??????????

Mal - sorry no intention to confuse and muddle so to clarify .... if RHA is worth 0.5p and the whole is worth 12.5p as Ted thinks then the rest of Prem is worth £840M as 7Bn shares *12p
Jesus WTF we doing on Aim, according to Ted and I see Napom agrees we should be comfortably I'm the middle of the FTSE250.
Better take my meds

No idea why it's posted 3 times, mind you some find 3 lots of my shite is more fun than 1 of the tea part attendee posts

Oh Ted you do make me giggle, back in Aug you were also producing such detailed posts they required 1 of 2 also. Only difference then was you calculated the future value to be 12.5p ...... or if we went the carbonate route 37.5p (PMSL).
Now 0.5p????????
Afraid to say lots of words doesn't equate to credibility as quite conclusively proved by your own hand over the short space of a few months.
It's like the Mad Hatters tea party here at times with yourself, the March Hare and the Door Mouse, obviously Alice didn't make it this time but we have a suitable stand in with The Grand Ol Duke of York and his army of 15%

Unfortunately that would probably be fairly terminal - have you not seen the rehabilitation provision in the accounts at $994,000 - basically the cost to restore the area after mining ceases. Obviously being a subsidiary we could just walk away and leave a bit of an environmental disaster but somehow don't think it would leave us in good stead with the government regarding any other Zim Assets.
But hey don't worry we're debt free according to some so we could just get a loan (obviously PMSL) to tidy it all up.

Except rigorous financial control and planning, delivering on a business plan and providing share holder value of course

Comment

I see why they were deleted, obviously can't be anything to do with the abysmal performance of the BoD as all the relevant information was lifted from RNS's therefore it's got to be my Santa Claus comment in which case my sincerest and deepest apologies to all those who believe in Santa Claus

This line comes from the AIM admission document - "The Company has a market capitalisation of £6.7 million on Admission."

Since then and excluding the current year the Annual Accounts (go to Cashflow Statements) show the Company has raised:
YE 2013 $1.108M
YE 2014 $786K
YE 2015 $7.160M
YE 2016 $4.991M
YE 2017 $11.470

Total $25.515M

Yes you are reading that correct, in the preceding years GR has raised / diluted by over $25M to achieve what exactly, an increase in Market Capital of just over £1M

It's just IMO but to me that is a truly staggering performance and yet certain people still think he's doing a good job and should be given more time and supposedly a group holding over 10% of the shares agrees that it's a good job being done well. Presume they still believe in Santa Claus as well.

I see the thought Police have been out and earlier posts have been deleted, what don't people like being reminded that at Aim Admission Prem's value was £6.7M, GR raised $25M and has managed to achieve a market cap of £7.9M.
Stunning result!
Or do they not like being reminded that the interims flagged up going concern issues?
Whoops
Or do they not like that the RNS that we need to raise and run out of cash this month?
Or do they not like nobody can find out any information about KME?

But hey ho we have a meeting (another meeting on top of another meeting) with a Minister

CF - refer you toe earlier post re going concern, our current liabilities exceeding our current assets by the best part of $3M, cash still going down the plug hole, $25M raised to improve by market cap by £1M, KME the partner nobody can find out anything about, Circum IPO has been here since 2015
Genuine effort?????????????
Honestly if Faud ever leaves his job you should apply for it, at what point would you say what looks and smells like a POS is a POS just out of interest?

Compound should read Compusound

CB - think it's just co-incidence. Track down the subscriber and the address and they're both nothing just a diddly little house in the Valleys, no business (Compound??), just a red herring as far as I can see

RA, Noel and CF to the best of my knowledge

This line comes from the AIM admission document - "The Company has a market capitalisation of £6.7 million on Admission."

Since then and excluding the current year the Annual Accounts (go to Cashflow Statements) show the Company has raised:
YE 2013 $1.108M
YE 2014 $786K
YE 2015 $7.160M
YE 2016 $4.991M
YE 2017 $11.470

Total $25.515M

Yes you are reading that correct, in the preceding years GR has raised / diluted by over $25M to achieve what exactly, an increase in Market Capital of just over £1M

It's just IMO but to me that is a truly staggering performance and yet certain people still think he's doing a good job and should be given more time and supposedly a group holding over 10% of the shares agrees that it's a good job being done well. Presume they still believe in Santa Claus as well.

CF - you are being disingenuous saying no debt. The interims account showed current assets of $299k and current liabilities of $3,372k, i.e. a hell of a big black hole which needs cash to fill.
Same interims include the following statements -
"and included an emphasis of matter – relating to a material uncertainty related
to going concern.
Going Concern
The Directors have prepared cash flow forecasts for the next 12 months, taking into account forecast
operating cash flow and capital expenditure requirements for its RHA Tungsten mine, exploration
activities at Zulu, available working capital and forecast expenditure for the rest of the Group including
overheads and other development costs. The forecasts include additional funding requirements which the
directors believe will be met."
In the subsequent six months all we have done is spend cash, albeit minimised by additional dilution and whoopeee George is having a meeting with a Minister (again).
PMSL - even if we remotely get an outcome from this meeting it's just going to be followed by a raise (it's in black and white in the RNS), there is no money it's been p**** up against a wall or ended up the R family coffers and you still believe.