Member Info for sol001

Milnrowmug, I'm just going by what Gr said in the interview around 4.30 minutes in, at a 10.1 consolidation. We will have to wait and see if there's any other reason behind it. It's all happening at the same time as the Glencore news, the news of GR standing down. Let's hope its something positive 🙏

He needs to return jagliths wheelbarrow as well.

After he plans on dilution and consolidation, his 1,246,514,207 shares will be 124,651,420 and he will likely only get alot less than 200k before tax. I'm sure he has something planned though. This is why he wants all this completed before he leaves

He will walk away with very little if the price after consolidation drops even further. He will want it to go up to benefit. I'm still unclear why after all this time they are wanting to consolidate. It won't benefit him and Canmax shares will also drop and other major investors that have more than we do. This hasn't come from George, this has come from above him

Nice one for that LT 👍

If I'm right, to work out the new sp as it stands right now. Take the shares in issue, divide by 10 and divide by the market cap. and that's the sp after consolidation

Jaglith if this happened. George's shares won't be worth anything either. If this happens before the end of August; which is likely. Then he will be left with a worthless amount as well as us. He's got something up his sleeve that will boost the sp. Otherwise he might as well take his now

Share consolidation doesn't effect your investment; just reduces the number of shares held. Happened to me in the past and it didn't effect the amount they were in my balance.

What is the reason behind it? The company where it happened to me needed to reduce the number of shares to access the US market. Another reason could be a joint ventures where they have requested the shares to be consolidated. If its none of these I don't see their reasoning for jt

Glencore won't just be buying a few bags of sc6 if they sign the contract officially; they will be helping to pay the debt. This is news you can find easily online.

Let's hope he releases more news before the agm, especially if the new spodumene float in Zimbabwe can produce the sc6 he wants, before it comes to site. There's a mention of him wanting something official in writing in the interview

Jaglith listen again. 11 minutes in. Float cell inserts are paid for and in Bulawayo

Just over 10 minutes in. Mark says that GR seems very confident. Only set back will be cash flow. The AGM will likely be successful, so he will have access to the extra cash. It will be good to have more site updates before the Agm as Mark mentioned. GR seems more positive compared to previous interviews. Let's see what comes out in the next rns

https://youtu.be/3gRfVQpJjx0?feature=shared

Anybody who has contact with Mark from Stockbox know if there is an interview due soon? I don't think it'll be long, especially with this type of news

Https://youtube.com/shorts/TittpzNRnao?feature=shared

Now I'm really looking forward to the next stockbox interview. Though I'm expecting anything more than what we already know

Depend on who took it over. If it was Glencore; which they are showing an interest. If GR does achieve the grading and tonnage before he walks away; they would definitely put in a bid imo

If they sell; Glencore could snatch it up

I said after the news of the AGM there would be a positive rns. No mention Glencore, so they are still on the table. GR now can either go out with a bang and get the issues sorted and sign up Glencore officially; or go out with knowing he hasn't completed his job. If I was him, I'd be pushing for the completion. Especially if he wants his shares to be worth anything.

Any of the negative armchair posters want to volunteer their expertise as ceo now? Put your hands up if you can achieve what GR couldn't?

Jaglith you can get your wheelbarrow out lol

Zimbabwe isn't well known for being on the straight and narrow. Wouldn't surprise me

It's not George who checks these things; like the civil works. It's the incompetent staff. You might have a great ceo, but utterly rubbish staff. Look at how many companies can't do a job on time in this country or properly. I took my car last year for a repair and it wasn't fixed properly. He needs to employ better staff

I wouldn't like to guess nomadme, but I would like to know who the other parties are George was talking to and if they are still interested