So for me the deal is still on the table. Yes we know that the board are particularly poor at communicating with us and their definition of fast is not quite the same as mine!
We also know that this is a leaky ship so I would have expected a lot of large sells with the usual crew sneaking out of the back door.
Yes we have had sells but we always have done and the trading pattern has not really changed.
We have also had someone accumulating during the time prior to the last RNS buying up a lot of the sold shares.
I have held this for much much longer than any other share I own of have ever owned….. why?
Because unlike most of the dross companies on here they have gone from a field to a working mine supported by the local government with a in demand product.
Yes the timelines have been appalling but this is Zim not England. Africa generally is a difficult place to achieve what they have.
The current SP is to low. Any big company who want to expand will be looking at CGO as an easy target. Why would you buy product at a premium when you can own all of the product at cost. A very simplified view I know.
My personal timeline is at least an update before Christmas which is realistic considering their timelines
And eventually an offer of between 10-20p
Let’s see
Interesting speculation but that is all it is speculation and personal opinion.
Although I don’t disagree until we get an RNS stating what is going on none of us know the facts.
My current thought is that maybe Carl et al have taken the company as far as they are capable.
Maybe new blood is needed to take us to the next stage. A decent sales team would be a step forward.
The production is there so what the hell is going on??
So we have an rns stating first sell has been made as per the last rns.
We have literally gone from a plot of land to a working mine!!! Selling product.
How many company’s on aim actually achieve this??? Not many.
Yes there have been delays but there was always going to be!! New company in Africa hardly the easiest place to work.
This company has achieved where many fail.
Yet the usual gang come out and preach it’s a terrible rns, fund raise etc. These people are not invested and have been negative all the way to this point. Just click on their profiles.
No doubt some are short.
Yes we want figures…….. they will come
But as per the recent whining by some at least we have our first order however big out the door!!!
You do understand that it is a monthly order? So every month from now we are selling coal
Another nonsense post from Stephen. He is getting very desperate now. Literally stating the obvious. Thanks for another gem of information that everyone already new. Are you meeting vixen for lunch today? A match made in heaven.
I think I would rather be burdened with the current most recent history as since March 22 we have a long way. An extremely long way.
The company is start up and look where it has got to!! A producing coal mine with a lot of interest in its product. It has had its issues I don’t deny but all start ups do.
The zim president was there yesterday opening it discussing some huge numbers
We have seen pictures and videos from the mine and it is huge with a massive future ahead.
It has the infrastructure including roads machinery and even housing for the staff
We have had pictures and commentary from investors who attended the site yesterday.
We are about to deliver our first order
We should be announcing our new JV
so no I think I would be rather burdened with the current situation than March 2022.
And please don’t start about a placing as we know that is BS. Good luck though with the discreet deramping.
The president of Zim has opened the site today and gave out some pretty strong numbers.
We will see how dodgey they are in the next couple of weeks.
I believe when the leaders of a country get behind a company then things are looking pretty good.
All we need now is the cash coming into the bank and the new JV partner officially named then we will be over 10p
So many still negative but all the evidence suggests the opposite.
Great things coming here in the short/medium and long term
Should break 5p early Monday then 6-7p.
Should get first delivery/sale confirmation this week.
Regardless of official announcement of new off take we will see who/what company it is by the guests/PR at the opening.
Some time and effort has gone into that ceremony looking at the set up.
The naysayers Glen Gordon et al will naysay but their time here is over.
Anyone still saying this is a fugazi is off their rocker