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Well done Acker, you have filled a void in the absence of the pandora group, I'm expecting more positive posts from you in future!!!

Wolf

You need to factor in GR is a loose cannon!! the market is looking for reassurance... If GR conforms the SP will be much higher from here.

Wolf

Speel, GR needs to tell market the head room is ring fenced for Zulu DFS... People will only buy in for Zulu non of the other assets.

Wolf

Acker, how cheap do you think GR will get MNH for... given its a distressed sale... It needs millions spending on upgrades, the price of manganese is at rock bottom and it's thwart with logistics problems getting the product to market.
I guess that doesn't matter if you're buying it from your mate's Neil Herbert gets 10% of the sale and SD will won't a return on his investment.

Wolf

It's also interesting to note, that the drilling partner at RHA was Geodrill....and GR is on record saying they won't be his preferred drilling partner in the future?

Wolf

Plasmerman, George wasnt stitched regards RHA... he as CEO should have been aware of the grades before transporting the wolframite.
that's why people don't trust George.

Wolf

Agreed Johnny, the comment that GR would even entertain buying MNH and at a time when Zulu should be his only focus!! sent shudders down my spine.
If GR was to buy more than 20% of MNH wouldn't that trigger a RTO and suspension... Would PREM then come back to market or go private.

Wolf

wolf

Plasmerman, are you saying GR never mentioned buying MNH?

Welshy, I believe the SP drop is 90% because GR mentioned buying MNH... he should tell the market he will not do that while the DFS is on, if doesn't back track... I will be selling because I'm not waiting around for an RNS to say he is.

wolf

The Chinese don't have control in Zimbabwe it's a buyer's market.,!!

Profitbags, your obviously not fully conversant with the situation in Zimbabwe regards Zulu!!

Yes, I was at one point 97% down... but I'm now up 200% on my investment.

Wolf

Johnny and Acker, if you're research isn't delivering!! why haven't you moved on... Could it be you are happy with trading PREM... I'm comfortable with my holding.

Wolf

If you think I'm snowking you need your heads examining... I've been called a troll by all the pandora group!!!

Acker, your always prempting negatives... I thought you said the Chinese would come in and take Zulu?

Wolf

My thoughts too john, with three rigs operating 40 should be obtainable by end of year.

Wolf

Welshy, sorry to hear that the turn out was poor:( and a big thanks to those that made the effort to attend and update this BB... Apart from the MNH comment, GR cleared up a few issues of concern for me, so I'm focusing on the positives.

Wolf

When ever there's a mention of GR buying MNH the sp drops... Note to George, do not buy MNH until Zulu is sold because you will tank the sp and not have the funds to complete the DFS.

WOLF

Bick, just make sure you give him a good drilling!!
I have work commitments and can't attend.

Wolf

Sorry snowking your sounding silly now... will that forth rig appear when the 14 months has passed and at what point.