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I'm calling 0.65 today...
Yep, the previous BOD and the new BOD are useless and have been well and truely played.
No wonder they waited till after hours...
Ha ha not the best strategy if you've been doing that since 20p. What a shambles of a company this turned out to be.
Its hard to claim that RHA tailings, EPO etc are all positives, we've been waiting like 9 months for the apparently guaranteed EPO, and waiting for literally years for RHA to do produce a profit. This is rapidly decending into farce again with GR at the helm and the share cap increased - he cannot be trusted, that's why the market is reacting as it has, he is useless.
We need concrete positive news, not more waffle and jam tomorrow.
Really thought there would be news this, looking like nothing has changed here...at least the BOD won't be getting any undeserved bonuses again, long way to go to 1.5p.
The non-action group have yet to call anything correctly, GR keeps claiming jam tomorrow and they believe him. I'm sure he'll do another webinar for them soon and promise the world before another placing to pay off some of prems debts (i.e. more cash or shares for his trust fund). I think this week could finally be the week I accept the losses here and move on, less than 50% down at present and can't see the situation improving any time soon - the EPO has been imminent for what 9 months now? GR is full of it.
Anyone else getting a sense of Deja Vu?? Same old GR, nothing has changed here in years. He must of known Cicrcum was delayed another year or so, how much dilution have we had because of Circum? And now he's done the same with MNH....diluting shareholders even more for very little.
That action group must feel pretty bloody stupid at the moment, they've achieved even less than he has and he's made them look like even bigger fools than the rest of us investors...
Indeed, we knew this was coming. We need further information from GR on when exactly we will be getting some revenue from MNH.
GR usually announces good news before hitting us with a placement, would make a nice change if we got a good RNS tomorrow.....doubtful though. We're going to need some positive news on something soon...
NaPOM having assets has never been a problem for PREM - we've had heaps and heaps of them all over the place for years, its getting them to generate a profit instead of having to further dilute existing shareholders that's the part GR struggles with. Dies GR think he's immortal or something? What is he planning to do with this lot when it's taken him over 5 years to still not be producing at RHA? When did a drill last touch Zulu? And why do you think these new assets were so cheap?
it would be good if we could generate a profit from a single asset before buying more.....pretty sure this is exactly what we asked him not to do if we raised the share carp - buy more non producing assets! Not a lot of cash but it's not like we have a lot of it, guess we'll have another webinar to look forward soon.
Is there a link to watch this online or anything?