Member Info for Moneyman64

No -never had a reply.

They should take a leaf out of fellow PGM and chrome producer Tharisa-always helpful and prompt relies.Last Friday e-mailed Tharisa at 6pm last Friday UK and very pleasantly surprised to have question answered that evening by the head of investor relations and another e-mail from the company Secretary on Monday morning

Not really worried if there is a further small delay in Roan-the money will flow in here soon enough.

More concerned about the MK and/or EFF party gaining a foothold in power and how it would impact on our SA chrome and Pgm operations

Surely the will of the people is more than 2/3 rds of the people voted for parties that have not pledged to nationalise any industry.

The conflict between Zuma and Ramaphosa and the MK’s demands surely rules out any sort of coalition

May I suggest everyone e-mails Leon/the company re Roan -you never know someone might get a reply

Good to see further license on the way-how long until investors actually see a return on their shareholding?

Seemed like the BBC -Bird Broadcasting Corporation -

Let’s hope common sense prevails and neither the MK party or the EFF party are not involved in any coalition.

Zuma appears to just want to cause chaos and unrest and hopefully his attitude toward Ramaphosa will exclude the Mk party from any involvement in GOVERNMENT

People should be more concerned about what happens following the SA election not if a part arrives a little late in Zambia

All very encouraging-let’s hope the ANC don’t turn to the EFF or Mk party for a coalition that would totally destroy private enterprise in SA

Hoping for a coalition between the ANC and the DA with the EFF kept out.

Any coalition involving the EFF would be very bad for the mining sector -although may not even get combined vote of over 50%

Looks like the ANC will not get a majority and will need an agreement with another party.

Both the EFF and MKP want mine nationalisation (although JLP technically not a miner) and both parties are leftwing offshoots of the ANC so a formal coalition might not be practical .

Any thoughts

Glencore have 12.15 billion shares in issue

Something has gone wrong here.

My hunch is there was a Strategic Investor lined up subject to the updated Feasibility study.(hence the promised announcement in quarter 1)Either pulled out or were vetoed by Glencore -hence we now have the CEO flying around the World trying to find a replacement and the very mediocre interview

56000 tones of copper at say $10000 per ton gives revenue of $560,000,000.for starters at the opening pit.

The biggest question is what are the cost of production,how the profits will be split and over what period the project will be carried out.

The shareprice is now back to where it was before the RNs illustrating little market faith in Colin Bird

Really hope the ZIOC actually achieve a decent return for shareholders after all these years and any deal is not sabotaged by the corporate greed of Glencore and Elphick .

£1.50 to £2 per share in the next 6 to 12 months is much better than holding out for an unrealistic high figure that will never be forthcomming

Very disappointing interview considering the strategic investor was supposed to be announced in the 1st quarter of this year-previous RNSs gave the impression this would be announced following the project costs update but the company is only at the stage of talking to potential investors

Probably wrong -more likely just general waffle from Bird on future high metal prices.

Continues to treat investors here with complete contempt

Expecting nothing except more hot air from Bird on future metal prices-would loved to be very wrong but somehow doubt it

Maybe RNS on Tuesday as Monday is a Bank Holiday

From what you are saying Iky 786 Bird is putting decent shareholder returns at risk for the sake of his own vanity.

All he is interested in is huffing and puffing hot air about metal prices-time he realised 80%. Of a fair offer is better than 100% of nothing