Member Info for ukred

Couldn’t resist and added a little more today. This really will be a life changer even in the short term. Really looking forward to all the news due to land. I’m going to say 25p by the end of June. That’s without news on any of the other deeps other than progress.

Finally cashed out here, been in a long time and feel it’s time to take other avenues, CASP for me is my main investment. I just can’t see this one coming good for a long time. Maybe I’ll be proved wrong and may come back at some stage. Good luck to you all and hope fortunes turn.

Clearly lightly invested. Or not at all. No need to read the RNS, when it’s easier to just speculate.

Is there a strange lack of trades today in either direction? Not saying the price should shift massively, just expected lots of movement today.

I would expect updates around every two weeks on samples unless they find an end of the oil baring interval

It’s 2am in Jamaica, happy to be woken up by these type of alerts

Sounds amazing, but not sure i’ll do well at doing nothing. Just in Jamaica at the moment, just about managing doing very little with 17 bars, all inclusive, a gym and decent WiFi. Blackpool? I’d rather stay at home, last time I went was 19yrs ago and never again. Is Vegas not Blackpool on LSD? More chance of losing the money than re-investing on aim. If and when this comes good I think i’ll Retire to more stable investments.

The Maldives is deff on the list, any particular island or most as good, unless we’re talking silly money?

So when this does finally take off, where in the world should I travel? Recommendations please? Done most of Europe, Iceland, Florida, New York, Caribbean. Thought it was more useful of my time while we wait.

that makes a refreshing change. it's going to fly soon I think.

Tucson
I believe it's built into the price, the price currently is based upon the shallows alone. Although I think sentiment would take it slightly lower, it depends what other news is surrounding it when/if it happens.

It’s all progressing but very much at CASPIAN speed and no information on the licence upgrade, even I’m less optimistic.

You should have come to the event in London and had a chat with HBR and KME Directors, sound like switches on guys, very passionate too

HBR They’re not giving it away. They want to be involved in prem because of Zulu and believe combined skills the can all benefit from the deal

I asked the question and that is the case on the loan. Regarding GR as both the KME and HBR directors stated having GR doing what he does best, he’s a great entrepreneur and ideas man, the other will make it work.

No the 14million loan from Zim plus running costs plant (KME) will all be returned to prem from the profit. We’ll draw down on that until repaid

I object to Fatsupermans view. Maybe he left too soon. It wasn't a unanimous rejection of the deal, it was a lack of understanding.
Here's how I see it. Not saying I have everything correct, but its my view.

RHA - will be 6million USD, hopefully sooner rather than later and in profit within 5-6 months (KME will help with costs too)

Circum - will generate between 6.25 - 15million but (Circum) management are dragging their feet but coming under pressure from shareholders to deliver.
Both of the above are something out of GR and Prem's control and have been for 12 months. In hindsight we would have acted on either of these before, but in the same sense if Zim would have acted quicker everything would have been a different story.

Zulu - currently value 17M, with short term potential 90m before contract area extension that should be with us within weeks, long term potential 524m (figures from memory) just on the area we currently have within the main zone. This will however need a large investment and this is only really possible with projects that are making a profit.

KME - Will give us capital within the business and no real depreciation. on Zulu it will reduce costs by 50%, and make it possible to get the DFS. Zulu is the company maker for me.

HBR - This will be worth 10m and be turning profit in in 9months, the plant is already available and power water are within 500yards, their management are that confident they will be investing 1.5m from the sale back in the project. Not only does this give us another element as a company to progress and not worry about single projects like RHA it will allow us to attract the investment in Zulu if we really want to move things forward and make so real money.

Overview
I spoke to KME & HBR owners, it comes as a package. These guys will form part of the new Prem board, creating some real knowledge. They want Prem because of Prem's board knowledge of gold, but in return will give us a new dynamic and in their own words (the boardroom will become a little more lively if they are in it). I believe in GR as an great ideas man, but really believe these guys can help push us forward with some good experience and clear decision making. If we don't vote for HBR, we don't get KME. If we don't have either I doubt ZULU will happen, if Zulu doesn't happen with are waiting for a one off paycheck from Circum and a small profit from a single mine at RHA.
I'm behind Prem and regardless of the past, lets forget that in order to buy into a very exciting future. We are still held waiting on Cirum and Zim but they will come and just add more power to Zulu which will be huge.

p.s. I'm not bother for everyone's views in return, I don't do message tennis. I just invest as I see it.

KME & HBR come as one, The current management work together and will form part of the new board, if you all want less GR? These are the guys that will take us forward (in their words 'the board room will get a little more livel

I would have bet on Today. I wouldn't bet on tomorrow I think they are waiting to announce something bigger rather than just an update, that's very close.

Anyone else going?

I’m going