Member Info for Moneyman64

Good to see the shareprice up slightly. Still a bit concerned that despite the Hugh resource with great potential the company still has to enter into "Wonga" style finance deals with people like Riverfort. Do not see why someone like Norlisk would not prepared to take say a 10% stake in the company for say �10 million (petty cash to them) Realistically the only way the project will be taken to production will by via the involvement of a company such as Norlisk,Glencore or someone else of similar size .Wether Amur is involved in production or taken over prior too Surely the earlier they get involved the better This seems to be the major weakness in the company at the moment. Have looked at Horizonte Minerals who are developing a similar Nickel project and they already have Glencore and Teck Resources on board

Interview just seems to be another marketing excercise by RY to help Riverfort offload their forthcoming share allocation. A couple of questions. 1-Why in these interviews is RY nothing asked about the dire level of the share price Other CEOs of AIms appear (at least on the surface) to be concerned about their company's shareprice 2-Why will he be six months late with the PFS he promised us before Christmas 3-Why did he tell us Crede were long term investors .

A 52 week low for the shareprice-another landmark achievement for RY,his band of merry men and the death spiral financiers. At this rate the share price will go so low it will be impossible to get anymore advances on the loan

Just look at the evidence and the dire level of the shareprice after all the progress we have been told has been made. Why are the likes of RY and others not prepared to invest 1p in the company if they are so confident about it's future. Dilution after dilution. Any one with a clue regarding finance would have raised money as soon as the licence was issued. 100 million shares at 20p (the price was above this for a long time)would have raised �20 million without the need to beholden to "investors" such as Crede and Riverfort in whose interest is to take the shareprice as low as possible.

So true. Just after the licence was awarded R.Y. alluded to a "cheeky takeover approach" which he dismissed out of hand and did not say the amount. Would not be surprised if this was circa 30p to 50p bearing in mind there were a lot less shares in issue back then. He probably realised the offer would be accepted and put him out of a job As you say "As long as R.Y. can get his �350,000 per annum jetting around the World first class he has no interest in the market value of the company" There are no institutional shareholders to hold him to account

I e-mailed RY concern this but he did not have the common decency to reply. It seems as long as his salary is being paid he does not have any interests in the concerns of ordinary shareholders and is prepared to give away large slices of the company for peanuts. You would have thought after the Crede episode he would have considered shareholders' views but unfortunately he did not.

This is turning into a complete disaster for long term shareholders. Further delays to the promised PFS and another "nothingness" RNS -better to keep silent. Every opportunity for the share price to be taken down so Riverfort get more and more of the company for peanuts. Expect two pence price in the next few weeks. Would not be surprised if Crede and Riverfort work in concert to achieve this. Once PFS is published if any time in the next five years expect low ball take over offer of say six pence. Rockfort double their money after suitable commission to Crede for taking down the share price. Pure speculation but a possibility in the case of these two death spiral finance specialists

Another wishy washy RNS leading to a further fall in the share price. Suggest it would be better if RY kept silent now we have two death spiral finance deals in play

Come on Tanzania-please can we have our diamonds back and we should see the shareprice back into 3 figures

Very good podcast by J.M. Wonder if there is any mileage in selling one project (if the price is right) to finance the other.

Not only Mickey Mouse but Donald Duck as well

How can a quoted PLC enter a major deal without checking out the validity of a mining licence-the essential item needed for the deal to go ahead. Surely a simple letter to the Zambian Authorities asking if there was any problem with the Licences was a basic procedure. You do not buy a house without checking out the title deeds. Leon saying he was not made aware there was a problem is no excuse for a CEO of a quoted company.

The Chuckle Brothers have a lot of explaining to do over this fine mess. Surely the Default notice dated the 24th August 2017 should have been picked up during the Due Diligence of was it ignored.? Who carried out the Due Diligence? Can the tailings go ahead or has shares in our company being given away for nothing? Can the shares issued to BMR be cancelled? Can the tailings project still go ahead?