Member Info for NaPoM

dont want to diss other people's investment not my style

There US restrictions imposed on Zimbabwe for the sale of diamonds to the US - directly and indirectly
bit.ly/2oElWat - US bans trade in rough diamonds from Zimbabwe
bit.ly/2N2kk2v - p7 Secondary sanctions on non US diamond traders risk US retaliation through a range of measures intended to restrict access to US markets

Many cashed in their winning tickets today for pennies.

haha its risen 600% guys I know are sitting on profit and they havnt sold a bean coz they know whats coming

not bothered about your pennies acker lol

EPO is practically in the bag....what are you dooing?? have a word with yourselves!!

thanks sellers more cheap shares for us LTHs

From Jan 2020, prem will have at least have the MNH loan repayments to help them get by until the Circum investment liquidates (est. $12m to $ 15m), RHA comes back into production and earns revenue/profit which in turn prem will be able to receive RHA management and rental fee income.

RHA was the biggest liability. Govt funding received recently and in the future will cover capital and running costs for RHA. Company stated recently it will no longer fund dev costs for RHA. If circum liquidates at $3 per share that will give prem $15m and if direct distribution is voted by prem holders will get the majority of it. Lets say for example $12m is distributed to shareholders that amounts to over x3 of current market cap or roughly 0.01p per share.

George has finally listened to the group's request yo ring fence circum. I will be voting for direct distribution to all prem shareholders.

Money in the bank and funds to get a mine back into production. Most companies on AIM dont have this opportunity.

1 to 1 conversion for debt owed by RHA. So the overdraft of $300k USD was paid on a 1 to get conversion. Yes it was nice of the govt to do this. It shows support to the company.

Any of the bashers having that or are you just ignoring it.

Lastly many of you doubted that the annual report will not get done in time. I suggest its you who should be eating humble pie lol

Impairment of Zulu will be lifted as soon as the EPO is granted by the govt and after being funded a jv partner or a farm in. Meetings with the govt about the epo has been set up. Hopeful that we will get news from this pretty soon.

Acker - RHA bank overdraft facility which was maxed at $300k US dollars has been paid by the govt funding on a 1 to 1 conversion and now has 5.7mil RTGS$ balance waiting to be spent to get RHA back to production.

Impairment of rha will be lifted this year providing that it gets 4 months of capex to open the existing underground mine of 6000 tonnes per month, some plant upgrades and connection to the national grid. Comms suggests govt are very keen to help the company to get rha producing.

Moljen - again your enthusiasm to bash the company at the earliest opportunity is commendable. Total director fees were reduced from $570k in 2017 to $297k in 2018. To add to this, director fees remain unpaid in 2018!!

This bit in the RNS "we also expect that much of the expenditure will now remain at a one to one RTGS US$ conversion. Examples of this include debt, including RHS's bank overdraft (currently underwritten by Premier), as well as other local debts that can potentially be settled from this remittance."
- in the interim report, this overdraft amounts to $300k US dollars will be effectively be paid with 300k RTGS$. This overdraft facility will be available to prem to pay back the loan.

And PREM is due to receive $6m US dollars in govt funding in total.

Money in PREM's bank is worth $1m US dollars. https://www.fbc.co.zw/banking/indicative-foreign-exchange-rates 6mil RTGS is enough to pay for 1,000 miners to work at RHA for 12 months. https://m.fin24.com/Economy/Africa/zimbabwe-miners-to-pay-80-wage-increase-20190314