RE: Current Year Projections18 Oct 2019 13:38
I rarely post on here due to the amount of dickh3ads, idiots and scum that post on here. What I do know is that Napom is a genuine long-term holder that believes in the company's potential. I also know that he definitely an excellent line of communication with GR and others in Prem Management, as do I, and a small number of trusted shareholders. The company has absolutely enormous potential and we are on the verge of something very, very big. The EPO has effectively been granted by Zim Govt and I have had it confirmed from GR to me personally, that it was the full area (20,200 hectares) that has been granted. The Zim Govt then released this and was in the Zim Press as I hope you have all seen. For this to become official, the President does need to sign this off,(along with other applications such as that of VAST). As you also, may have seen, the President has been busy travelling to a number of engagements and destinations, recently. My understanding is, that will likely find a time very soon (could have already happened) for him to sign these all off in one go.
GR and Prem Management are extremely excited about what is about to happen, a little bit of patience may be required, but I see this being sorted by next week, as the sign-off of various projects ar pivotal to the future aspirations of Zim Govt.
A bit further info for some of you is that the current 3.5km square ZULU Project that Prem already have, is an absolute monster on its own. Its located near the Fort Rixon area of Zim which is North East of Bulawayo. The area is already known to rich in very high grade Lithium as shown in past Drill results but is also more interestingly very well known for gold mining and is on the Fort Rixon Greenstone Belt which has been reknowned in the past for being one of the most gold-rich areas in Zim. Artisanal gold-mining has been popular here for over 100 years. The EPO area will be 200km sq and will have masses of mineral possibilities. This will make ZULU very attractive to the wider Mining Sector multinationals and JV will almost certainly be on the cards once EPO signed. I know that a number of interested parties have already been in touch with Prem, but GR quite rightly won't do anything official until the EPO is signed. What does seem apparent is that he will not want to waste time, so is likely in extended discussions with a potential partner/partners already.
My final assumptions and something that seems to have been hinted at, is that GR will miost likely step-down or take a back seat once a JV/deal is agreed, which I'm sure will please many PI's and likely boost the SP.
Added to all of this is RHA producing in next few months and Circum Dividend for all holders ( likely to be between 0.05 - 0.10 per share by my estimates) so between £500 and £1000 dividend per 10,000,000 shares.
So, final comments... Short, Medium and Long-term potential to suit a variety of Investors. Selling now seems rather foolish but each to there ow