Member Info for Shurething

Frodon winning Acker!

Next!

Good rise this week and interesting buying pattern today. Here's hoping for news nest week.

Something seems to be happening - the buying continues

Lithium is being featured now on the box (sad gimmer)!

14/1 Acker. Wish him and you all the best!

I mean I agree Dreamland!

I agree Mattluc. That's the price I'd envisage on RNS

.26/.27 ... good to see buyers and the MM's coming to their senses!

Let's hope the buying pressure means news is due soon.

Ticking up now. DYOR

Offered 28 p for dummy sell

Folks - this is a long bet but one that could well succeed. The 'majors' in the mining sector are by their very nature conservative and will not work in Zim. Additionally pegmatites are difficult to prove up to NI 43-101, JORC or SAMREC compliancy because they are narrow in the main. So funding has to come from elsewhere. An alternative source would be a Li trading company who are meticulous with their due diligence and hard-nosed too. Alternatively a smallcap or a private investor or consortium.

What put me off horse racing for good was watching the 'Morning Line' the day that Frankie won all 7. I remember thinking that, between them, the presenters were tipping Frankie as favourite for all the races - with a couple of borderlines. I think it was John Francombe who tipped him as favourite for 5 of them. Mighty 'xxxxed off'!

I haven't bet on horses since West Tip won the GN. Recommended by a professional horse punter who used to bide his time in the casino where I briefly worked. He managed to close all the tables one afternoon for a while - having spotted recurring number groups on a roulette wheel (I think it was 5, 15, 25 and 35 which came up around 80% of the time for around half an hour). Statistically impossible but we all watched it happen - around 10 staff including the casino manager and a handful of punters!

Hi Acker. I understand where you are coming from but whenever I have witnessed deals like this being done (I've just been the 'tea boy' on such occasions) the negotiators end up at best with frazzled brains! It is our impatience for a firm investment decision which is an overexpectation.

I'm on Mugwumps's side on this. The RNS was bound to contain uncertainties at this stage. Prem would not and will not disclose how many parties they are in discussions with - that's standard. The more there are the more confusing it is and it's bad enough even if there are just two. Zim's scrapping of the 51% Indigenous Policy in 2019 was a massive game changer - it was bad news for companies such as Mwana Africa at Bindura. Yes, the policy was narrow-minded and principally a reflection of Mugabe's regime rather than being sensible. Prem's management have to keep their cards close to their chests at present. The timeline on getting a deal done sounds about right - by month's end. Don't forget that lawyers will be involved and most of them like to drag things out!

Hopefully in the next few hours the doubters will cash in (if they hold any shares) and leave. There is inevitable sentiment towards management but the incoming investor will not want to get stung if they see any catches. This is what I said before about discussions being heated. Whoever the partner is they will be no fool (unlike most of us). From the exploration perspective the wider pegmatites will be mappable (at least in part) using ground magnetics with subsequent shallow confirmation drilling and/or mechanical trenching. Cheap!

The key paragraph Bobkat. MMs are just a bunch of idiots.

It would take an idiot not to do a decent deal. I'm sure there are a few Zimbabwean entrepreneurs suitably well informed for a start.