Member Info for Moneytolose

on that point maybe he should sell the circum holding at break even or loss and take the hit or could it be none would be interested which is more the truth

that if PREM had not invested in dead certs like CIRCUM we would have had the money to get ZULU to DFS

hands up those who thing the elections will be used as excuse by GR if we don't get it sorted and others who thing it will be all done and dusted prior to the elections and how about someone asking Prem if they think it will be 100% completed before the elections My view the elections will slow us down wish they would not but its africa

so any time this year !!! sort blows GR hopes out

yes have to agree nothing that was not in the public domain , cost was in old RNS and we have been looking for strategic partners for ages , its just it was mentioned in the zim news article - so nothing new then to be honest

if someone was going to invest a considerable amount of money over and above the MC why would someone not just do a hostile take over or offer shareholders 2 x the current sp? my view is and this is due to failures in the past that investment parties are not sure on the viablity if the assets as too many times we have been told all good only to be let down - like RHA the selling price of tungsten is still rising and yet we would have to produce less to make money but we cant even break even on the rising price remember we were told w would be processing at 89$ cost base and the sell price was 189 if i remember correctly - now its over $300 - something is not adding up happy to debate

yeap agree Micro that we need to spend more but it stopped and nothing is moving forward so we are just burning it on C+M at RHA thats why i would have thought continue at RHA breaking even or small profit would have allowed Zulu work to use the cash and carry further forward

so what has been done with the money since - as it was oversubscribed and DEC was upon us The support we have received today will allow the Company to proceed with further development of Zulu that has the potential to add significant value. And the Feb RNS re ZULU Results now released are from the drilling programme completed in late 2017, SO THAT WAS USING FUNDS prior to the Nov 20th and the report was already paid for from last years dilution placings so what has happened with the Million raised ?

Value approx 6,128,822 * 3.30 approx �202k

Doing well whats that value our shares at based on today SP

the main issue with Prem is timing is so bad , all the people saying GR knows ZIM that will help us , look where we are now its the elections slowing us down , then it will be sorting out new minister then something else thats the main issue with PREM GR does not see anything beyond the next 2 weeks running a company you have to see further ok for example if we were breaking even as what i was told at RHA and now the material price has risen would it not be better to run at a small profit rather than costing us money we dont have not being negative as is a valid question ok GR hoped stopping would force an issue on ownership but 6 months down the line nothing , having worked in Africa wonder how long after ownership is sorted will the actual paperwork take , all valid points GR should be sorting plan B and not just waiting and waiting

lucky yes ARCM seem to be moving in the right direction are we locked in too a certain price or can we sell after lock in window expires at market price

past and gone ..... lol

so if someone borrows some moeny off you and see them not updating you on when you may see a return and then see a picture of that same person posting from a holiday location you tell me most of you would let it go without asking why you have not been updated to most of the people here you are quite happy to except it strange bunch ,

Lets be honest here - its about time PREM updated on what they are doing regarding any of the asset it is pretty poor not stating anything - remember that did have cash over from the last oversubscribed primary bid placing or has that been paying GR HIS MONTHLY fee its nearly 6 months now and i did ask a sensible question last week but no one answered regarding C+M costs , was RHA breaking even ? and if so that would be better than C+M losses ( I can see he would have put on C+M if for a short period that makes sense but its now costing and we still don't know how long it will go on - I would also suggest the ZULU project links into local ownership issues so that maybe why that is delayed - aware we own but GR did say at meeting it would need some local ownership once we progressed towards production GR may be just making sure we get easy passage with Zulu as well , but someone should update us

yes nearly June and nothing missing valuable drilling time as well

yeap hope GR can deliver - or someone who can ,

that article was back in the beginning of Dec

with our percentage - there would have to be a lock in prior and after IPO , normally 6 months he may been given an option to sell pre IPO but that will be generally less than the IPO

as post are being removed for no good reason , this should be a place to discuss both good and bad , some only want to see good some only see bad - but both sides should be free to post unless its pure lies