Member Info for Nhjj

It’s even on their website https://www.businessweekly.co.zw/premier-goes-to-market-seeking-us3m/

I highly doubt a newspaper of this regard would publish fake news. So I would like an apology please

Https://www.pressreader.com/zimbabwe/business-weekly-zimbabwe/20240216/281565180679275

You don’t want to believe it’s true so you’re saying it’s fake news. Btw clueless posted the link for the article. The RNS yesterday didint say anything about using the funds to pay for workers wages.

Now why didn’t GR mention in the RNS some of the contractors are refusing to work.

Just read that article and it is quite concerning. Here is a snippet

However, Business Weekly understands that some contractors involved in the Zulu Lithium project have reportedly paused their work activities over nonpayment.

A contractor involved in the Zulu project, speaking on condition of anonymity due to the sensitive nature of the information, highlighted funding challenges as a factor in some work stoppages.

The contractor indicated unpaid dues for services, including drilling and supplies, estimated at roughly US$ 2,2 million as of last week.

"For the services rendered including mining works such as drilling and the supply of con-sumables, contractors were owed about US$ 2,2 million as of last week," said one source who requested not to be named because the matter is private.

I have a feeling an egm will be announced very soon for further shares as a contingency should he not get the loan. George can’t afford not to have a backup plan atm. Also it’s very telling that in all of this Canmax has not offered financial assistance. Also Given how much everyone was hyping up the MRE and that it would help prem get a loan when in fact it has not makes you once again think how risky the current lithium market is.

Hasiba, you till dont get it do you. In what world is this true ‘the dilution is minimal when you consider Goddard shares were used here’. The dilution is 900 million shares !!! Goddard’s 750 mil from December were never admitted to trading . So you really are misleading people when you claim the dilution is only 150 mil. Come on even you can understand that.

You do realise some of

Those are sells including the 20m at 0.2835. They are showing as blue as they fall above the midpoint, otherwise some of them are indeed sells

Vast’s latest RNS is pretty telling what could happen to prem

Those Goddard shares were never admitted to the market and if you are correct the remainder 150m alongside the 750m shares will be admitted on or around 21 Febuary totalling 900m and further diluting us. When shares are admitted they come under an aim notice RNS, and as you’ll see there has never been one for the 750m Goddard shares.

For the last time does anyone have an idea of what will be used for collateral/security as this one of the main concerning things now

Can someone please answer what security/collateral will be used against the potential loan, the plant maybe?

So the shares won’t be admitted until 21 Febuary. So the share price will be held down until these can be sold. Also what collateral/security will be used should prem get a loan.

Makes you wonder why he needs a loan once in production?? Unless of course they’ll be loss making or will that be to pay Stark and Goddard for their recent work

Just like the placees sold the December placing, they’ll be selling this one too. Remember that was a private one too

I’ve seen what’s been happening over at vast, could the same happen to us?

Exactly, especially if at those points some of the information being leaked was bad, those in the know could easily have traded away, all

while leaving us mug punters holding the bag.

Not a good look being a teacher. Perhaps it should be ‘leaked’ to his school 😂

I wonder what other collusion is going here. It’s there in black and white !!!

Would this mean the FCA can investigate said individual's, if so what would actually happen to them?

Also, have Goddard received approval from the Zimbabwean authorities for the purchase for the shares as it’s been a couple of months now. Should they not how would prem pay them. Would prem have to ask for the shares back so they can sell place then into the market themselves and use the amount raised to directly pay them in cash.