Member Info for stevenc72

To reply to the points made...

I only have circa £6k invested here and if the company folds, it does not matter one bit given my personal circumstances. I am following this now purely as a business story to see how it unfolds. If the sp goes up then so be it. I will either invest it elsewhere or as stated previously, I may actually spend in on an investigative financial journalist to pen a book on this company, just for something to keep me occupied. It would be great to see how the company has acted since listing in the eyes of an independent financial journo. If it goes down and folds, as I said, so be it, the book will have to wait.

I check in on this BB when I have time. Sometimes that is daily when I have nothing to do (most days). Sometimes it may be a week or month. It is a BB and I will post my view as it stands on the day I post it.

I don't need a cheap entry point as I already hold. However I would not buy any more. I am not so naive to think that anything posted on this BB would cause the sp to do anything. I agree that the sp doesn't seem to need any help going lower and hasn't done for the last 5 years.

I think even the most loyal members of the band of merry men have realised they have been had here.

Still a few stalwarts remain but many have moved on after nothing has materialised from all the rhetoric, podcasts and tweeting.

The credibility of the BoD in the marketplace is simply shot after 5 years plus of promises promises and zero delivery and that is putting it politely. God alone knows how the Zim Govt view them but I wouldnt of thought its in a positive light.

Would you grant an EPO to a company with a 5 year plus track record of delivering nothing? Its a very simple question and a very short answer.

I suspect the only way to get a favourable outcome here is to make a cheeky offer for a hunting lodge and some second hand trucks.

The usual crew getting excited because it is 'EPO Friday' for the umpteenth time.

Not to worry if it does not come today. They will convince each other that there will be an extraordinary EPO tomorrow.

Meanwhile in the real world, the sun is shining and the beer is cold.

the problem there @whatitsworth is that if someone sneezes and it sounds like 'EPO approved' GR will declare it official comms the PREM gang will take to twitter, but ultimately, as we have all too often experienced, it means nothing.

It needs to be in writing, legally. I for one am tired of the cries of WOLF with respect to this share and I suspect I am not alone. IMO, we are in a position here where we have a huge lack of trust and credibility in communications, particularly those outside of an RNS.

It needs to be in black and white. No one will believe it otherwise. It really is that simple. Whilst many would welcome the opportunity to believe what is said by management, history indicates that would be somewhat foolish.

@snowking, who is the "We" and do you have a source for the "companies lining up to join PREM" please.

If that is the case then it would be great news and I am sure there are many who would like to know more.

@Graham, which items on the list have been delivered in the last 5 years?

I will be staggered if any of the items listed occur.

Over the last few years/months/weeks and days all GR has proven is that he can string along investors, changing focus and misled optimism from one project to the next.

Remember when Circum was imminenet?
Remeber when RHA would be operational imminently?
Remember when RHA would be electrified?
Remember the limestone/hunting lodge deal expected to deliver short term material benefit to PREM?
Remember when the EPO was definatley 'this Friday'?

Remember, remember, remember... they will all be recycled for focus and promises soon enough.

Meanwhile...

Historically, putting a fence up' implied some sort of claim/ownership on the land in question.

Putting a fence 'under' something, who knows? Unless it implies that EUZ (or some other party) either own what is above, or alternatively below, the fence in question.

Probably doesn't help much but it indicates to me that an amount of land is possibly in line for some kind of ownership claim/transfer in ownership? Very cryptic Shed.

Most would welcome an 'on hold' status. The company and share price has been in decline for the last 5 years!

@robrob. I am not going to get into a debate about whether GR has "done a good thing". How much of a good thing is reflected in the sp/market reaction.

I would be more worried aboit the fact that we shouldn't be in a position for this to matter, but we are.

Last roll of the dice I suspect. Nowhere to go from here. Let's see where we are in 6 months.

Unbelieveable. PREM will default on the loan in 6 months. GR walks away with Circum shares. Was always going to happen.

Wholeheartedly agree Charlie

not of case of "WHEN" but "IF"!

IF the EPO gets signed off
IF electrification happens at RHA
IF Circum does anything
IF we get a JV
IF the limestone and hunting lodges purchase delivers value
IF, IF, IF, IF, IF... ... It is all imminent IF only!

@Acker, it is Thursday. Keep your eye out for that Gazzette! If it does not come today, don't worry , there might be an extraordinary Gazzette printed on Friday.

EPO this week anyone? Surprised it hasn't been mentioned yet.

@nathan shareholders have been strapping on for 5 years plus. We have got strapons on strapons on strapons etc etc.

I suspect our money here is done. PREM has no money and no means of obtaining any in the short term without a further placing and massive dilution. Can no-one else see this?

What things are so close?

Profil40, what is the next expected news here and what date is it due?

And please dont say imminently or its overdue.

About time the CEO came good Full Stop

And there it is....

Feels positive....awaiting capital funding from Neiff.
EPO - Procedural issue. Need EPO before partners come in.

No headroom !! need a EGM. Looks like Acker was right. We have no cash coming in and no immediate means of getting any. PREM has resorted to getting out the begging bowl in order to get out the begging bowl.

That is all.

Is anyone planning to dial in?