Member Info for tootight

Frustrating, really big question on how far the talks are regarding funding. Doesn’t look good, never really believed it was close, hope I am so wrong.

Thanks Boz

Dont want to be a pessimist, But

Anyhow heres hoping.

Thats good to know, now below threshold hopefully catch up with JSE price.

I think any trades at mid will be a continuation of them selling, price is holding firm which is great but we are around record lows. Still concerned about funding, more so now are previous largest shareholder is selling.

Buying price was 8.50 1 minute before, buying price less after no pick up in SP, could easily be sells.

The Company also continued to interact with potential domestic and international funders and anticipates that the process to secure the balance of the capital required to develop and construct Makhado Phase 1 will be completed in Q4 CY2020/Q1 CY2021, with construction commencing shortly thereafter."

Dates pushed again, and will be again next quarter report, can see why DB left, we have had the land a long time now proved resources beneath, but no takers, concerned.

Tried finding info on company and man when deal announced, limited info on both considering, maybe just a player who never could or intended to buy if so company needs to buck up, if fully intended and could buy why risk reputation by pulling the plug, maybe funding still a long way from being finalised.

Someone obviously has a bee in his bonnet about a certain poster, if it grinds you that much use the filter button, these derogatory childish comments put you in a bad light.

Like most football managers, after a period of time they lose the support of the players, fans it goes wrong, results aren’t acceptable.
The current board have been IMO poor during this pandemic.

Yes and the tick up, could do with more tick up.

Down as sells, but looking at the price at that time and date the RNS that day, maybe buys.

I like this RNS,
SP held steady for a while now
Genius or Madness? I am edging towards Genius.

Makes a change, bit of something

5.74 buy a few added, hopefully a wise choice.

Jantand

Agree completely.
Frustration that’s all, been a long time.
Hopefully funding soon and a upward push on SP.

Phase 1 funding are ongoing and we anticipate that this process will be completed in Q3 CY2019, with construction commencing later in the period.

I expect funding will be just round the corner again with construction to follow In this Julys RNS.
In the real world expect a further wait and timescales being put back time and time again.

Bless

Peter pan me.

Unique.
Monitoring of bb must be a hobby.
Bless, so sad.

Don’t require a monthly, quarterly, H1 or2 update, but with all what’s going/gone on some correspondence from the company would be welcome.
Without the wonderful research from Gixer we wouldn’t know of any new products etc that’s been introduced to the market.

Fine line between the two, funding is the line in this case, as we know, secure it possible ten fold+, don’t uncertainty.
Hope it turns out to be a very profitable trade.