Member Info for SAGACITYRULES

Are these insurgents ISIS? I thought I had read that they were actually a group of disparate opportunists, calling themselves Al Shabab, or something similar. If they were to get as far south as Pemba, I would be concerned.

Greeno - Thank you for your comments. Trust you banked a good profit. I think there is a lot more to come, but Fare thee well! Your commentary will be missed.

It was 09 January last year, if that is anything to go by.

rax - The problem with a company including comment on political issues in their announcements is that the comment may not sit well with the host country, dirty washing etc. Better left for the Government itself to make comment. It is their principle problem after all. Industries affected by the insurgency would be collateral damage as far as the Government is concerned.

BF - A very good New Year to you and yours. I hope all is safe. Far be it for me to contradict, but these insurgents/religious extremists are no longer "rag-tag bunches". These people are likely organised and drilled by the same "soldiers" who led the Isil uprising in Iraq/Syria. Others will have been with the terrorists active in Kenya. I am not suggesting that they are comparable to our Special Services personnel, but they are not "rag-tag". I also think that we should not be naive to think that Special Forces troops are not already present, certainly in Dar. Pemba has been a centre for pirates for centuries. They were still active earlier this century. It is a traditional way of life in the North of Moz/south Tanzania, as it is throughout the coastal lands right up to Somalia and Djibouti. After all is said and done, this was once the Sultanate of Oman until the Brits and Portuguese arrived. Fortunately, that the Total plant is some distance north of Moma. But, it is a consideration for an investor. It is necessary to come to a judgement. I have come to mine which is why I am still invested here, quite happily of late!!

The problem at Cab Delgardo is a virus that affects all coastal states of East Africa and has been a threat to each for many years at different times. The problem is that the insurgents are religiously based, although not apparently representing the religion itself. As such it is an issue for the whole of the World. If the Government of Moz sees it is out of control, I feel sure they will seek assistance from Western democracies (I use the term loosely) and they will provide assistance and support. It is just another consideration for investors here as elsewhere in Africa. The insurgents are very much a minority in Moz as they are in Tanzania, Kenya, Ethopia and countries north. I am uncertain as to where Somalia and Djibouti are these days.

Potje - It is always difficult to call it right. Be happy with your profit!

Sak, If you like it at 276p just wait for the production figures for Q4. What was the song ? Double your money!

Company ahead of scheduled commissioning and WCP B in production. All looks very positive.

There is to be a further update on the WCP B move in mid October together with the Production Report for Q3. There is the small question of joining the plants up and floating them across a river and into the pond. I hope that in addition to the update KMR will include a further video of the commissioning work that is currently in progress. I find the whole project extremely interesting and a great insight into KMR's operations. So what about it KMR? It is making all the pain of recent years almost worthwhile!!

Excellent video. Amazing that such a weight was able to travel on a murrum road. Truly informative and I like and welcome the dissemination of information to the shareholders which appears to becoming the norm.

Do you read palms as well?

Being The Banker, I am curious, what type of business are you involved in that is free from physical risk to life and limb?

Cap - Fully concur with your analysis. Trust you are well? Where is Buck?

Ken - If the company had gone bankrupt in 2016, how much would your original investment be worth today? Look on the bright side. You did not have the good sense to sell out before the crash in the share price, so you are today where you are. And that is a lot better than where you could have been. Phew!! You were lucky were you not? Don't go hammering the BoD for your misjudgements. Personally, I am relieved that in today's world of pandemic, we have a profit at all.

Rich - Thank you.

I was wondering how Mz and the mine area specifically was fairing with the epidemic. I have not seen any announcements or updates from KMR. Did I miss something?

Observantken - I do not intend to enter a "war of words" with you. Surely a reasonable individual who felt that a comment made by another may be "potentially misleading" should further enquire of the individual rather than "pointing out to users of this board" an irrelevant statement to the effect that actual "realised prices are usually very far from the list prices." I would ask you upon what evidence you base that statement which is relevant to KMR? Have you examined their price list? Are you aware that such a price list exists? I would venture to suggest that you have not and therefore your observation is groundless. I am not convinced that you have any first hand experience of negotiating supply agreements outside of your local supermarket. The fact that you believe that your statement was relevant and worthy of being published with or without caveats hints at arrogance. That you should then suggest that the original author to whom you addressed your comments, not the general public (the users of this board) as you now claim, should do his own research is totally unworthy. An honest poster would not have to rely upon a caveat or the exhortation you adopted. Your comments speak for you. End of conversation, I do not have the time to waste.

Observant(?)ken - I am not sure how long you have been invested here. Not long from my memory, but then my memory is not what it was. I am of the view that your suggestion to another poster who has been a shareholder here for a substantially longer period than you that he should do his own research is unwarranted and, frankly, insulting. The fruits of your research and the conclusions you have suggested are staggering in their naivety. Covid 19 is worldwide and Moz is equally likely to be affected as anywhere else in the World. Similarly, KMR. That the additional costs are as low as they are and the time lost as little, is a relief. To describe the update as being "Not a good update" demonstrates why you need to rely upon the research of others as evidently you are incapable of interpreting your own. I believe you owe Greeno and apology, but that is for you to decide. As for the "jam", I suggest you should first buy a loaf of bread to make the toast, but do your own cooking. Ihope that when you view the report of the profit contribution from H1 you may come to a different conclusion. But please do not place any reliance on my observation, do your own research and don't post your thoughts with or without caveats. The inclusion of an exhortation to "dyor" erodes the little credibility you command.

Do we know whether or not the suspension of operations are with or without pay? The effect of zero earnings in East African countries would be devastating for the local citizens.