Member Info for SKINNER777

And a consolidation on a 1 for 20 basis. Loyal shareholders screwed again as consolidation usually results in a lower value overall...let us see ifvMC Mining can perform any better than CZA.

Takeover possible according so sone commentators

I love it when you are wrong but today I am laughing out loud...have a good evening

David Brown has achieved nothing in the last five years that has been positive for the share price and hence shareholders....

Despite his insider trading deal did he or any members of the board deserve bonuses or incentives based on the companies desperate position....

But after a weekend when the Syrians and Rebels have been bombing each other a rise seems incongruous

I own nearly four hundred thousand shares here some of which were purchased at 80p. What I say is fact backed up by pblished evidence. David Brown is manoeuvringCZA into a corner FROM WHICH THERE IS NO ESCAPE, He does not care either way as his paymasters will see his position is retained. Please explain to me, for example, how the failure to complete the UC deal was beneficial, tell me how promising and then missing deadlines is helpful and where has 27 million been spent in 12months....

There is another deadline missed... end of 2016... “We have given ourselves about six to nine months to work through all the items, but we should get results from this prior to that so that we can begin construction towards the end of 2016,” said Brown. “That will provide us enough time to get the funding in place,” he said. Promises, promises, promises...the guy should be removed from his position and flogged...

You are absolutely correct. It was not January, it was the end of the quarter December 31st 2016 David Brown, CEO commented: "The focus of the last quarter was on four main elements - firstly to acquire a cash generating asset, secondly to ensure sufficient funding is available to meet all of the Company's obligations, thirdly to continue with obtaining all of the outstanding regulatory requirements for both Vele and Makhado and finally the continued drive to dispose of the Mooiplaats asset. We continue to make progress with each of these developments and look forward to updating the market in due course." It was the Keaton deal that was to completed by end of January, which is as good as completed now with Wescoal....

Hemmings you had your chance now pi55 off you annoying little miscreant...

Hemmings8 I have no desire to argue with you or leave any sort of bad feeling from our exchange. I documented my intention to dispose of my investment here when the end of January deadline was missed, I actually sold just before the RNS confirming no CGA had been acquired. I have no intention of re-investing in the company but I still watch as it is on my portfolio list....

HOW IS CZA GOING TO PAY Rio??????????

A number of people are behind the deceit. I can not remember the name of the brash Australian whom was in charge 7 years ago, he would apparently go into meeting banging his fist on the table, place his feet on same and shout orders to CZA staff, but it was all bull5h1t, the company had not got a pot to pi55 in, it was all debt

Brown extended the deadline with UC six times. On the Thursday before the final announcement he said in an RNS that he fully expected the deal to be completed, four days later he stated in an RNS the deal was over with some spurious nonsense about finance and the outstanding signature on the contact with Eskom. ( since been signed together with additional ones). Now we are moving towards the date when RIO require payment of some 17million dollars, where is this money going to come from, more dilution? They have just scraped together 2 million less cost from MandG for the company running costs....there is no tangible progress, someone obviously leaked fake news about CZA being in the running for Keaton to keep the shareholders in limbo.....CZA was a company with great potential, it had a pile of debt, a number of great assets and a political quagmire to deal with in SA. Brown has reduced the debt pile at cost to ordinary shareholders with the company now ready for a transfer to RIO ....As I say Brown and the team will retain their positions or new ones will be created....Any other options to the company? I think not. It is better to hear the negative side of this situation so we can all make a decision based on something more than hope....

How far do you want me to go back, 5 years, 10? I presume from your question you have not been invested here long or are not invested at all....

Brown bottled the deal with UC and we are now rueing a massive opportunity missed. CZA will continue until July when the debt is due, with all the assets passed over to Rio to satisfy the amount owing. Brown will be given a similar job, shareholders screwed over with the deceit that has been witnessed and is to be witnessed....45k in here so no dermal just my honest opinion based on the evidence...

I do not believe the management of CZA have ever met a deadline so not holding my breath for the latest predicted time scale.....

development of CZAs assets....it is a pity the BoDs IS NOT SHOWING THE SAME COMMITMENT...SAME OLD NONSENSE, conversions, dilution, salary payments, missed deadlines, missed opportunities, UC a massive mistake costing CZA 3.7 million....

Germans. A UK communication company being purchaed by UK backed Chinese consortium turned over by Hendos and then by the German authorities....ummm

Regarding purchase of CGA....