Member Info for sonicboomboy

Seems the level of news coming out of Zimbabwe from their government and media channels is increasing over the past few days.

Andrew Hall is also tweeting and liking alot of stuff on twitter. Looking like we may at long last get the RNS we have been waiting for on signing the Chiadzwa Diamond Concession MoA/JV.

Looking for a strong blue day today, after all PREM was up 40% on fresh air really and lots of news articles recently have pointed positively to our project.

@ 2.8-2.9p on the 15 minute chart

Great feedback Giles, looks like its moving albeit a lot slower than Id lie. I guess best to derisk some now in case we drift in the lull.

I've said it before and I'll say it again, I wouldn't be surprised if the signing occurred over the weekend.

This weekend IMO, isn't out of the question now the Zida bill has been passed.

Rumblings things are getting very close. DYOR.

Im losing the will to live with you.

When they convert them they will, in the meantime they have been sold into the market via forward selling. Jeez, what is it you don't get about that!

SS,

Given DazBrads reply to your post it is evident that he is extremely green and for me this is the problem with the markets and internet generally nowadays.

Everyone professes to be an expert just because theyve browsed a few pages on investopedia - in reality they have no clue at all.

No point conversing with Brad over this he is obviously extremely naïve to how the market works.

HAHA Daz, you are soooo wrong.

Daz,

You really don't get it do you...lol.

Daz,

There is no conversion. The announcement will come when Atlas have sold all they want to sell and funds are received by the company.

RNs states

•Attached to the Bonds are warrants (“Warrants”) giving the warrant holder the right to purchase in aggregate US$3,750,000 worth of Ordinary Shares at a fixed price of 0.26p per share (a 30 per cent premium to the share price at which the most recent equity raise was carried out). The Warrants will be issued on each Issuance Date and will be issued pro rata to each Bond issuance. The rights to exercise each Warrant will expire on the third anniversary of each relevant Issuance Date.

Daz,

The announcement is irrelevant, the moving od the shares it what counts materially - that's already been done, for the most part.

Daz,

There are many instruments to sell without having the shares...how do you think mot placing's work?

Looking to a bounce here from the back test to support. Buying volume set to increase and force the SP up now. Warrants have had time to clear, so it looks like the direction of travel is about to change to UPWARDS.

Anticipation builds into what could result in an imminent announcement that the Diamond MoA/JV has been signed off.

I have already TTP ;-)

TTP,

You cant get away from the facts that Sandersons is on the list JD shared. That's a massive red flag surely?

Has anyone been in contact with the company to get their guidance on this?

Seems like a curveball and not the right kind?

Could get exciting here in the next day or two.

Definitely in the buy zone and with good reason.

That seems an almost suicidal RNS. Hmmm...makes you wonder how long this has all been in the planning.

This MOA/JV could land at any moment now. there is always another time to get into ORCP as it's such a long term project. This is imminent.