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Hasiba

Encountering preproduction problems when you don't go down the DFS root is acceptable... My problem with GR is lack of ability to tell the truth and pass responsibility for failure on to others... Also the fact he doesn't keep shareholders informed on grades at critical time's when optimising production.

Wolf

Acker

apologies for all the delays when the shareholders are down 70% is not acceptable in my books, he's not competent to do the job.

Wolf

I agree Red I'm just as frustrated as anyone... I would like to see GR to go if I'm honest... I've always been of the opinion Zulu will be a valuable asset one day... and it will.. but GR has proven himself yet again he's not the Man for the job.

Wolf

i've offered my opinion... i've not said anything that is a fact!!

if you can't handle that **** off.

wolf

Red

When Canmax demanded repayment for the plant we were informed straight away... the fact we haven't had an RNS when the November deadline passed can only be a good sign that negotiations are on going.

Wolf

Acker

Do we seriously need a daily report on the price of SC6 going down!! We are still some time off production and it's anyone's guess what the price of SC6 then... I don't recall your daily reports on price when it was going up ?

Wolf

Acker I'm hopeful of a recovery in price of SC6 starting in Q1

I'M concerned we may have delays with delivery of the ball mill by the 8-9 of January though... GR said it's a very heavy load that will arrive on a flat bed... Not the best time of year to transport a heavy load several km down a dirt track.

Wolf

All depends on the price of SC6... Let's say it starts to recover.

4000*2000 = 8000000 dollar's

It's better than nothing!!

Wolf

Canmax has various options available... let's see!!

Wolf

Goingtomoonufo

I've been on many forums over the years because of various interests and I've always considered my self understanding regarding dyslexia and grammar... But you take it to another level!!!

Spell check isn't perfect and that's coming from a dyslexic... Don't you have a family member that can help.

Wolf

Aimisaluagh

GR has fulfilled is obligation to conduct exploration work in the EPO area under the agreement for the licence agreement... also he's paid particular attention to employ Zimbabwe citizen's at zulu instead of out sourcing.

I don't think he will have any problems getting the licence extended.

Wolf

I don't see Canmax just making an offer for Zulu when there's all the possibilities of a much larger resource next door in the EPO area... the licence needs renewing in March when it could be extended for 12 months or for 3 years... the question is will Canmax make an offer before that happens?

Wolf

It could well be option 3 Acker, GR looked far more relaxed in London than he did in the Q&A session... he may well of had some reassurance from Canmax verbally.

Wolf

Anyway Acker, GR said in the Q&A they have new technology in the mining industry to extract potash ;)

Circum could be are saviour.

Acker let's see what sort of deal GR can negotiate with Canmax and how much more he will need to raise ?

will it be a case Canmax will give him enough rop to hang himself in March if he doesn't deliver and what would be the share then!!?

Wolf

If George was to shut zulu down an EGM would be called and he would be removed... If an offer is on the table the shares will be suspended until the offer is excepted or rejected.

Wolf

George has boxed himself into a corner, whatever he decides Canmax can block him or remove him... This would be the perfect time for Canmax to make an offer for Zulu and if not Canmax another Chinese interested party.

The licence for the EPO runs out in March so that's another good reason for the Chinese to make a move now.

Wolf

Martinigirl

Why don't you wait for the official confirmation regards the Canmax situation, instead of spewing bile.

Wolf

Martinigirl Canmax have bought PREM shares at a premium before.

WOLF

Roman the last time I tossed that coin was at .18 remember the lady from the Indaba!! It said sell I never and the price went down to .004