Member Info for NaPoM

Tbf CF has been posting on here at 0.08 a few weeks back, at 0.06 b4 that and when sp was at 0.02s.....u were mouthing off then like u do now lol. Probably be doing the same when this reaches 0.2s.

Think Acker would need to hold shares to be entitled to vote lol

stevenc - well it takes one to have knowledge to know what a knowledgeable post is

Alright guys, have had enough misinformation for one day.

Enjoy the rest of your day.

Money that NIEEF gave is to pay for C&M costs at RHA - some for security and some overhead.

filtering matt waste of time

so you did make it up, you said
"NIEEF are the only ones who can authorise any production in the slightest at RHA"

how do you expect people to take you seriously if your making things up as you go along

lol Matt where exactly does it say that prem cant progress on production without authorisation from NIEEF??

Here is the bit that I think you're referring to

I am pleased to note that the Ministry of Commerce and Industry in Zimbabwe has indicated that whilst they cannot conclude the negotiation in regard to RHA under the Covid-19 lock down, they have nevertheless provided RTGS $2,500,000 (equivalent to US$ 108,806 at the official bank exchange rate), in interim funds that are adequate to cover holding and security costs at RHA for an extended period.

Losing the plot I think

Chip didnt luckyboy answer your questions on profitability? Directly from the horses mouth.

Prem has full control of operations at RHA set out in the managment contract.

Matt you making it up now. Where u getting this info from?

Dividend policy from the Manganese investment will keep prem ticking with or without the share cap increase. Loans are guaranteed by circum shares in case they default, two of which are friendly loans which prem dont need to pay until later. Directors have chosen to defer salaries and will be paid in shares.

2 loans were quite recent combined gives $500k. Recently $100k funding from govt to keep RHA going. This talk of running out of cash is scaremongering to say the least.

whats - that was suggested as a possible solution. We asked to delay the share conversion of regent and GR loans - both should be flexible. The investment loan in the other hand will be converted but I think prem shareholders will be better off if that was paid by circum shares.

I could go on all the day Matt but havnt got the time to educate you. All I'm saying is all loans are guaranteed by the circum shares. This was done in case the resolutions are rejected in the SGM.

Matt your embarrassing yourself. Circum shares are used to guarantee the investment loan (not the regent loan) you are referring to. Read the RNS

Matt so you're assuming something without basing it on facts. Circum shares are used to guarantee the loan if you bother to read the RNS.

RNS states:

The Investment Agreement is subject to normal events of default and the Company has provided a number of standard warranties and undertakings. The Investment Agreement is secured over 290,000 shares of Circum Minerals Limited held by Premier.

Are you suggesting now Matt. Thought you were basing it on facts.

Matt - how do u know that prem already spent their cash?