Member Info for saintpeter7

It is scandalous that the nomad should be allowed to issue that RNS this morning when it is untrue. Note there is no comment by the CEO. The deal has been completed. Otherwise why would Kabwe be shown in QGC’s presentation as a Shuka asset. The company has even liked and reposted a tweet from last night stating that the RNS was the nomad’s revenge for the leak and that the deal was done!

Trust QGC to let the cat out of the bag!

Watch the y..tube corporate presentation issued by them today.

Jason Brewer will be on a Stockbox interview today, publication either today or tomorrow, updating on acquisition advice to the Board of Unicorn. With mcap of under £3m this company is under the radar still. What a great opportunity to buy imho and I topped up this morning.

There speaks someone who wants the price to drop to buy in lower.

Jason Brewer met with the Board in Dublin today. He has presented three possible acquisitions I understand one of which is preferred and is aimed to be completed.

Due diligence can take time of course. It will be interesting to see what resource emerges.

With mcap at its current low level, it seems a no-brainer to me to buy more now. I’ll be looking down the back of the sofa.

Hi Hawkander - you can always try the phone number for JB shown on the last RNS.

GreenWolf I understand your concerns. I understand that they stopped spending money on Rukwa soon after QvanderB and JB acquired their controlling interest in the company having decided it was basically of no economic value. So, they have been spending as little as need be.

Shuka’s website says that they will be looking to acquire zinc, lead and copper projects and the resource on QGC’s website that has been there for some considerable time now is a zinc and lead project. The company has tweeted numerous times regarding zinc and copper. I believe in this instance 2+2 does =4.

We shall see. If I’m proved wrong so be it. QGC and JB did not invest for the fun of it. Yes it’s taken ages, but stick with it and shortly you should be rewarded.

The trades at 9.4 and 9.42 are buys. Bargain price.

HoofHearted be happy for once

The lithium resource adjacent to Blesberg is Spodumene Kop, aptly named for the reason that there are pegmatites in the area. Google Spodumene Kop and you will find out a lot about the immediate areas of pegmatites from some of your results.

Jason Brewer tweeted this morning that discussions were held on a number of matters in Jo'burg yesterday including regarding Unicorn. New asset incoming next month?

I'm invested and ready. Are you?

A few buys Friday and today seeing the possibilities with Unicorn now that Jason Brewer has joined the Board.

One month of the quarter to go having said on 19 January aiming to finalise a deal in Q1.

You can count on JB finding a possible resource on which to progress to due diligence.

This has been on QGC's website for many months :-

QGC is currently in the end stage negotiations in respect of a high-grade Zinc and Lead asset in the heart of Zambia.

Which Project site has produced results of the presence of Zinc at an average grade of 13.3% and Lead at an average grade of 3.3% with the reserve set to yield approximately 6.8Mt. The site further presents opportunities for sulphide ore mining as well as further exploration in the hopes of increasing the current declared yield.

This transaction will represent a value growth increase from 801 Million USD to 1.03 Billion USD.

Rumours are that it seems that this transaction is at last about to be completed. If so, it will be transformational. This is not some small acquisition when it has a value growth of over $200m.

With an mcap of just over £5m at present, imho any buys at under 10p are a bargain and as the company has a small float, I don't expect the SP to hang around 10p on the day of the announcement.

Rukwa coal mine is a write-off. Poor quality of coal and not on anyone's buying list. So, you can just forget about that. NO money is being wasted on it.

Hold for zinc acquisition, as indicated by the company's tweets. As I and another have said look at QGC's website for the possible acquisition. Patience will be rewarded.

HoofHearted

Okay, I'm glad that you are invested and have bought more and I understand the real frustration of deadlines being missed or the company's intentions having changed from time to time. That has frustrated me too.

I agree that you are entitled to ask questions on why the missed targets. I have faith in both van de Burgh and Jason ultimately delivering for shareholders. However, Jason is so keen to achieve progress as soon as possible that in my opinion he provides targets when he shouldn't where third parties over which he has no control can make those targets so easily missed. I like to know what the company is doing and what its intentions are, but when it comes to target times I don't expect them to be achieved. That way, you can't be disappointed.

For those who are traders, they have to take the risk that targets are not met, and good luck to them, but for longer-term investors like myself they are just what they are, targets, and not definite dates that will be achieved and if they are missed, it is annoying but not unexpected.

You always can phone Jason Brewer and ask him questions if you have any. I find him very accommodating and he is happy to explain what's happening or why there have been delays.

Hoofhearted - I don't understand why you are doing your best to damage the company by your persistent digging at Jason Brewer. How am I to believe you are invested at all when all you are doing has the effect of damaging your investment. Crazy!

Thank you for your considered response. I make my own decisions as you do and am not in cahoots with anyone. I see what the company has achieved since June 2022 and the resources it has acquired and how they have progressed. QGC are indeed the financial controller whilst JB has been behind the resources to be acquired. Each brings their own to the company.

Targets have been missed and changed as time has passed and that has been frustrating to say the least and from that point of view, I understand your targeting of JB, but does it really help to be so vociferous about him when all it does is put doubts in investors minds as to whether this is a good company to be invested in or not. It can only harm your investment.

Why do you still own shares in Marula if you don’t have any faith in JB?

Sorry Ali Ali hadn’t seen your earlier post saying the same thing.

Obviously great minds think alike!

Shuka has a prospecting licence area on the edge of Lake Rukwa. HE1 is not the only company to find helium around Lake Rukwa. Noble Helium an ASX listed company also has.