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My trader, I have spoken to Jeremy Haigh on several occasions, the most recent one was last month, and I have got the feeling he is another C Pearce in disguise, he has been in the company nearly a year now and nothing has happened.The share price was approx. 12p when he took over and its 4.76p now. Some To$$ers on this board said give him a chance, as you know C Pearce was a total W **ker, but the share price was never as bad as this. I think if there is no rise in the share price by the end of June, Jeremy Haigh will be another disaster, like Pearce.
Arbitrage, the report you posted is a tad misleading, as it said a gross profit of 0.7 million compared to 4.1 million loss last year, but if you look at the iii website it shows a loss of 4.5 million as apposed to 4.6 million last year. So all in all not great news at all, in fact I consider it bad news.
This company is a F++king joke, D Brown laughing all the way to the bank. ( I think its called money from America )
Who is this chap Bronn, I don't see his name on the board of directors.
What a mess, glad I got put approx. 1 hour ago, what a stroke of luck
I am really P11SED with this company and have pulled out my entire holdings with a massive loss ( 80% ). I am not going to watch these BOD's bleed this company to death on their big fat salaries, sitting on their backsides doing absolutely nothing, this is one of the worst stocks I have ever purchased. All the do gooders on this board should get a grip of themselves by posting false information on how well this company is coming together, in my opinion the company is falling apart, will watch with interest as the lights go out.
650000 shares bought and 31000 sold and the price doesn't move, what is going on here.
This company is becoming more than a joke, it's a rip off, more like a boiler room scam. DB and co still getting their big fat salaries.
look at the share price now, 3,21, to sell but still showing a loss of 11.14% spread 16.51, what the hell is going on. here.
What is going on with the share price of this company, its getting manipulated every day in the week, example, one day 3.99 to buy and 3.09 to sell, at one stage it was 4.00 to buy and 3.25 to sell with spreads ranging from 32% to 22%, and usually during the day the price is around 3.15 to sell but ends the day at around 3p to sell, now look at today, it opened at 3.15 to sell and its showing 11.14% down but its still 3.15 to sell, and look at the spread 6.01. Could this be the work of the MMs.
Hemmings8, are you David Poo in disguise by any chance, or are you just inexperienced. Does anyone ever contact this company and get any answers.
Hemmings8 quoting your last post. , You're entitled to your opinion. By the end of this quarter, we could have made a bid for Keaton, overturned Makhado suspension and have everything in place for plant modification at Vele What are you smoking, where are they going to get the money from to buy anything or for that matter or for plant modification at Vele. I think David Poo is in talks with Rio now to put in place a deal which will see Rio acquiring the aseets and David Poo getting a good job.
I totally agree with Skinner777, come July Rio will get all the assets and Brown a lucrative position with a good salary to boot, In my opinion, Brown has nothing to lose and all to gain. The things I would like to know are 1) What will M&G and Yeshun have to say about this. 2)Why is management getting paid for doing nothing ( and quite well in my opinion ) 3) Is there any sort of workforce employed at present and if so what are they doing to earn their corn. 4)What about this water licence, are we ever going to get this sorted out. 5) This company is slowly but surely turning into a nightmare.
All buys and no sells, and share price remains pathetic. M&G must be aware of something we're not. You would have thought P.Is would have piled in after M&G funded the placing.
HAMM,I think they keep the spread wide to discourage private investors from buying, then when they get a smell of good news the spread closes to let the big institutions and directors fill their boots, hence shafting the P.Is. That's only my opinion. Another thing, how can they even consider acquisitions when they go begging to M&G for working capital, where are they going to get the money for such acquisitions, buy the way the working capital is merely to pay the directors their big fat salaries, the company has long become a joke, plus no news as in my opinion they have nothing to report worth talking about.
Wayofthenorth, a pile of shit can be useful for farmers, CZA is useless to everyone, the directors are sitting scratching their carmels and getting big fat salaries, while CZA bleeds to death
Does anyone know what is holding this company up in getting things moving and what are the real problems. Has anyone spoken to David Brown lately, or can he be contacted in the UK, so I can give him a call myself.
Same to you Beeshoney, I was expecting a happy Christmas fro CZA years ago, alas no different this year, but you never know next year could be a very different scenario.
Beeshoney, I think he is under the impression they are going to get the coal from South Africa and possibly CZA. There are always far more sells than buys, in fact very few buys, this is why I don't think this company is going anywhere, very little news, nearly always very big spread, it does not inspire confidence in ,my opinion. DB and BOD don't know what they are doing, or can't do anything, this company has become a joke years ago.