Member Info for Teacup64

Pepco - Once the convertibles are exercised(converted), then Vast can no longer buy the convertibles back, as they are no longer convertibles.....unless the conversion is only a partial conversion, inwhich case, those convertibles not already converted, can be repurchased by vast as you say.

....that's if I've understood you correctly?

FAHP - Not sure if that was to me or not? ....on the basis that it was...

My rules of entry are strict. It's either Diamonds or a Zagra JV.

BP, Manaila etc will certainly help you folks, but definetly more so for you lot than for me....remember, I will need to pay the premium, so my entry needs something big behind it....if you see where I'm coming from.

Indeed...although the board does seem a lot happier over the last few days. Maybe Tom's just not been updated.

Fantasy - Thanks. I wasn't even trying to incite anything from that post. I expected it to be received no differently than Jayfellas informative links he shares.

Pepco - Absolutely. If Mugabe and his henchman have truely gone, then I think Zimbabwe, and all operators within, should become prosperous very soon.

ORT - Lol. I use the term "we" very badly...probably because it feels like home as I've camped out here for so long. However, 'we' could actually mean 'we' on Monday at 8am ;)

As I said to Angus, I only wanted to post the article that I had found. I was drawn into explaining my reasons why with numpties comment.

FAHP - I can understand that people don't really want to see some posts...but let's be fair, people closing their eyes isn't going to hide the robbery in anyway. Personally, if I was invested, I'd prefer to know about these things, than not.

Badge - It's the corrupt officials, and third parties that I was suggesting could be behind the scenes.Labour could be cheap, but funding is apparently a current issue we have, hence the loan. It's not saying it will be like that when we get going, but just sharing what I'd found.

Agreed. However, most things are vulnerable in the starting stages. We can't really fund a small army as well as develop the concession without cash....unless financing these are already planned!

The reason I posted it is because unlike gold or others, diamond ore is actually worth stealing. There is a lot of speculation that the artisinal miners that were shot were being encouraged to steal Marange diamonds to sell to DeBeers across the border, leaving Mugabe to have to somewhat attempt to control the illicit flow,or so the theory could be.....who are these robbers, who's funding them, if that is the case, and should we be concerned that the old powers are still in place?

I personally believe that Zimbabwe is changing for the better, but too many things have happened in the past to just simply ignore these issues....especially as diamonds are what I have been waiting for for the last 6m.

I didn't really want to explain my reasons, as people like Tom become a little bit sensitive, or lack simple understanding of views that may not align to their own. So please don't take this as an injection of poison.

Nonetheless, your point completely stands, fast money can solve those problems with ease.

Tom - "Why did it make you chuckle?".

Uhhh....well considering we are potentially moving in to Zimbabwe, and the state's own company has just been robbed, it doesn't really help setting the image of the 'new Zimbabwe' they are trying to potray, does it now, you dumbass!

If chucklling to myself in disbelief makes me an idiot, then I believe it's your interpretation of my post that's at fault.

Here's an article I found earlier that made me chuckle....just as everything's begining to establish, and...

https://www.thezimbabwedaily.com/news/299139-armed-robbers-loot-diamond-ore.html

Just a random article published about 2hrs ago:

https://www.zimlive.com/2018/12/mbada-anjin-and-marange-must-be-allowed-to-return-say-mps/

Angus - I have emailed AP, but haven't yet got a response...it's only day 2 though mind. I'm kinda thinking the same, that he will probably answer them in the Podcast instead of by email.

Sonic - Heres something I found that may be of interest to you....it may even help in your conquest to expose double users that are operating on this board!

LSE Rules:

"1. You will only have one login account. Registering with multiple accounts is not allowed. Any user found to have more than one account on this site will have all, and any future accounts suspended permanently".

You should email LSE and ask them to compare our IP addresses or whatever, whilst simultaneously enforcing your rights under the LSE Rules to remove us?

Sonicboomboy - You can choose to not respond to that if you'd prefer....you nutter, lol.

Sonicboomboy....are you suggesting that there's a conspiracy between two users.....well whilst you've already made yourself out to look paranoid, you might as well come out and say who your suggesting is the same person, and why......apart from sounding stupid, I can't wait to hear your reasoning behind such ill logic! ;)

*skill = skool.

Sandy - It sounds really odd hearing the name 'Andrew', when he's more commonly known as 'AP' round here....even AP momentarily called himself AP in the Q&A!

Being called Andrew, is the equivalent of being called Gregory, instead of Greg.....perhaps I'm too new skill? But he shall remain to be known as AP in my book ;)

Prem - If Monday comes true, then I appreciate your Xmas cheer and wish you the same ;)

Fantasy - Thanks. I certainly hope the wait is over on Monday ;)

Applegarth - Diamond news would be fantastic! Ever watched that film 'Blood Diamond' with Leonardo DiCaprio?....Yeah, I know it's gonna be nothing like that, but still, f'ing diamonds, in an at depth, underexplored country, that has been largely out of reach of mass excavation by major western and eastern corporates!!!

...I'd hate to be wrong here and nothing arrives on Monday, but I'm usually correct about 1% of the time....so hopefully...;)

Badge - Thanks. When I say phrases like "everyone jumps me", or "everyone labels me", which I do say, I don't literally mean anyone else other than those who it's applicable too. I just say "everyone" because the weight distribution of users for and against my idea, or point, is usually far stacked against me....yes I understand many maybe sensitive to certain topics I raise, but it is never done with an agenda to undermine confidence in anything other than the specific point itself.

Yeah, your on my cool list. You've never said anything to offend or divert, so we're cool.

I said earlier to someone that I am persistent for a reason. Looking at the AP Options issue for example, I managed to extract from the limited responses given, that most users are happy with AP being awarded if they get rich in the process. It's the only public opinion I can realistically gather on a certain point, so I work with it.

Now, what they decide they are all happy with is no problem to me, but as its the retail investor that levies the most voting power, a test of who is for or against options being granted, allows me to determine the length of time I am happy to stick around. I don't need to recycle my philosophy on bonuses again, but you know my position on this matter already.

I am personally looking for a holder base that's willing to shape the management, rather than the other way round, so hence why I have a shorter investment window than most others here, as I prefer shareholders to be the recipients of the risk the take, rather than management who have a safety net of salary, and a structured bonus scheme for example.

The question still remains....what is this money really going towards?.....paying off the $1.5m charge? .....paying for the completion of the BP Investment Plan(BPIP)?

The charge needs to be settled by the 31st Dec 2018. Without news on BP, paying this charge laves us exposed to conversion on T1B, and the risk of hitting the '0.2' clause of the Bergen agreement, where we risk losing T2B as a result. Further, if the money from T1B is used to pay the charge, not having money to complete the BPIP, could lose us T2 from Mercuria due to not meeting our obligation under the Mercuria agreement. If paying the charge is the route taken, then I believe that Monday's RNS, if that is indeed the case, will be the announcement of significant BP news.

However, the BPIP completion allows T2 from Mercuria to be released, pending financial DD checks on Manaila by Mercuria. T2M being released will cover the charge, and the loan whilst avoiding conversion, with spare cash to throw at BP starting.

Good news on Monday morning could be coming!!! Whether it be diamonds(Good for me), or BP(Good for you folks), something is being sensed by the delay in the Podcast. Let's face it, if Angus was correct about the Podcast, AP has a record of Podcasting within minutes of an announcement.....but this announcement, when everybody most needs an explanation, he breaks his pattern and delays it....something tells me there's something different about this particular delay in his usual chit chat podcasts!

It better be diamonds, I've been loitering here for 6 months in what can only be described as a superb demonstration of absolute patience....which is running thin atm, so I definitely deserve a good Christmas this year ;)

Bring on Monday !!!