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so nothing as its not up and running how convenient
That link looks like its full of Stuff PREM have had included over the past nothing in the other direction ...... so nothing new there - i could not see the bit which headline was 'PREM still throwing cash at trying to find the end of a rainbow'
But we still paid and nothing given back if i can remember correctly we got power items sourced to speed it up
these maint fees should be added to the loan or taken from the Money Zim government advanced - Now did we pay for the power units ? as the ZIM money had run out
sorry about that being locked down got the dates wrong its like groundhog day
Market closed Friday due to Bank Holiday ... hence the buying started today long weekend and cant buy if news lands Friday
NICE PLACE TO BE STUCK Photo - i lived in Hout Bay near Cape Town
Walk away with Circum Good luck with that one CIRCUM to me is a complete waste of time and our money .....
about time the Legend gave us a update and what plan b is
where for art thy band of merry men - have monty Python stopped requiring their services
i would think this delay would lose any investor confidence in being able to make money from their investment bet a few have looked and walked away due to risk - what we should have is just confirmation that its a DONE deal stuff the paperwork that can arrive later its the offical comms we need
To state what and when we need to expect answers to our requests and what PREMS plan B is we have lockdown what are PREM planning in absence of any revenue or agreements in the next 6 weeks
its ZIM they don't know how to do timeframes and business Zim government makes investing in their country a risk by their inability to complete items in orderly fashion and in good timescales
SEEMS The Zim goverment have filed EPO'S and RHA funding under - the normal high pile of awaiting action - i think Circum has been misplaced and added to the same pile
https://newzwire.live/zimbabwes-plan-to-reopen-mines-will-see-thousands-of-mineworkers-screened-for-covid-19/
What is taking them so long about RHA and EPO no wonder nobody wants to invest - if we have a JV just how safe will they feel their money is when the government cant even do official comms and set timelines
How long will this take been 6 months.......... talk about slow - fear now is all plans get put on hold
we need to just forget all the assets - and mothball this whole thing , no work no wages - no burning money , simples , no revenue or sign off will arrive in the short term - even Circum will not probably progress under these conditions , we needed money behind us and we have zero
Simple maths
"President Emmerson Mnangagwa announced the closure of borders to human traffic on Monday as part of a new raft of measures to step up the country's response to a pandemic that has hit more than 190 countries worldwide.
"We have decided to ban all non-essential traffic and travel, both inbound and outbound, except for the movement of cargo," Mnangagwa said in a televised address to the nation."
https://www.enca.com/news/zimbabwe-reports-first-coronavirus-death-shuts-borders
i would suggest the company is mothballed all of it no wages no bills , no fees we need to do the accounts in the midle of this
i would suggest the company is mothballed all of it no wages no bills , no fees we need to do the accounts in the midle of this