Member Info for Moljen

It passed an hour driving down the M74. Overall disappointed as seems to come down to more dilution, probably because we have no cash left and didn't answer wtf it's all gone. So it seems to be pay your money and take your choice - dilution without being able to sign off RHA or Zulu by next week and it's going to be 0.1 or less, if either signed off then at a higher price. Just going to stick it out, what's another week.

Innaco, for once please take centre stage in answering, just try and do it in a way that we poor mortals don't feel that we need to live in eternal gratitude. Hope your sense of humour receptors aren't on the duff when you read this :-)

Got to admit they're showing some balls at this price - not currently holding but seriously seriously considering this as a no brainer back up to £1.60. They can only leverage so far and short of a Tesco accounting error the fundamentals are just too good.

I've been following for the best part of half a year so fairly au fait with the various posters here, just saying that not a huge fan of conspiracy theories but this share is doing pretty much what you'd expect which isn't much till we get the numbers. Then the fireworks will start, till then it'll be a bit tedious in a range of what 29 to 33 but what's two or three weeks in the scheme of things. Mgmt give very good signals and if this is confirmed in the numbers bye bye 33 if numbers significantly short (for whatever reason whether under mgmt control or not) then the other way. My punt says the first.

Recent buy in, just an observation in that I'm struggling to see the antagonism towards BT as he's just pointing out that AIM is a crooked table and yes cash and profits will always play out in the end but the journey there can be very tortuous. Very expensive lessons learned on AIM miners, get in just before award of licenses or just before evidence of continued name plate production, anywhere else and you hind teeth will be extracted. Of course may be the proverbial bulls** from management (Aka GR at Prem) but IMHO this one is the real deal and early await the next RNS. Second lesson learnt is don't pile in on first expectation of continued state production, hence my small buy in of £2,500, as things never quite go to plan, however if this one is good and no apparent hiccups I'll be piling in for the next one. Rambling yes but have been drinking!

update from AMS, the contractor https://www.asx.com.au/asxpdf/20180612/pdf/43vplfcff6817b.pdf All good from the contractors pov

Probably a sensible decision - I've just put money into Hum, if I'm going to take a chance on an African AIM miner may as well go with one whose mgmt tend to deliver of prior RNS guidance rather than to continue chasing one where to date this hasn't been the case.

Lol - it might just do until we get production numbers, then if it's as per RNS guidance I'm hoping for somewhat more. Not long to find out.

Thanks for welcome, well used to BB antics as unfortunately not lth (not through choice) in Prem :-) Interesting price I paid considering the raft of previous sales, suggests a bit of demand under the radar, mind you what's paying an extra .2 or .3 of a penny in the scheme of things.

Morning all, been watching this one for a while and decided now is as good as anytime to dip the toe into he water - 7,000 hopefully pop up soon, it's a buy whatever the colour they show here.

I got my quarterly rent cheque and 500,00 Prem Shares for �2,400 (today what �850?) to average down seemed like a good idea. Fortunately subsequent rents and tomorrow's have better homes to go to and are making up for this joke. Ah well only 59 days to go till the next car crash or not.

God remember the good old days of 0.76 or better and latest jam tomorrow RNS would generate 500 posts and volumes in the hundreds of millions, what a damp squib today has been. Crazy where are you, bring some life back to the Board it's nearly as dead as our share price

Not heard of sarcasm before? Impressed you worked out the risk v reward based on the last 24 months of RNS's as most of them turned out to be baloney

LT - don't be daft months ago we had tons of money and to think otherwise meant we were deluded PMSL

Well done my duty and listened and my observations are - We've got no cash, no surprise there then it was easily forecast several months ago. Well no surprise to several of us, many more should now be eating doses of humble pie for their comments when this was initially flagged up. The question that should have been asked wasn't - where the f*** has all the money raised last year gone especially as it was meant to be ring fenced for Zulu There's going to be an attempt at a placing by raising the share capital at AGM, no indication whether this will be supported by more jam tomorrow or something more substantive GR still doesn't get it that the corporate governance for the last 36 months has been truly appalling so has hurt feelings that the we haven't all got down on bended knee in recognition of his great benefaction in providing the loan. All in all says hold if your so far down in all the s*** like most of us, sell if you've had enough but not one reason to buy as there is a placing attempt on it's way and we all know that means huge discount, warrants and diluted to oblivion. Time to go back to sleep then and ponder whether any proposed placing is at 0.1 or lower. Hugely disappointed as usual but not surprised.

Val, place to moan to if nothing comes out is our Nomad...... soon gets the company playing correctly

19. An AIM company must publish annual audited accounts which must be sent to its shareholders without delay and in any event not later than six months after the end of the financial year to which they relate. http://www.londonstockexchange.com/companies-and-advisors/aim/advisers/aim-notices/aim-rules-for-companies-july-2016.pdf

Val - it's 6 months, you'll find it under the Aim Rules & Regs

Nobody can ever be sure of anything however we do tend to use past experiences to influence our current thinking. My thinking is this is just more pure unadulterated BS from GR. On the basis of what is more or less a cast iron certain return for him of 10% for 60 days I can more or less guarantee the next RNS will be amongst other things a share capital increase just in case negotiations take a little longer and like lambs to the slaughter most will blindly just accept it.

10% for 60 days secured on listed shares - I'd have bloody lent them the money on those terms in absolutely no way does it necessarily mean good news is coming.