|surely they should have the funding in order for the acquisition of the cga and with a rapidly dwindling cash balance that should be priority one|
|Cash coming in now.10m Yishun, 10m another inv, Mooiplaats soldPays off Rio etcGet Vele moving. And acquire CGAOptimistic|
|To do what?
They'll have around 17 million USD soon, if they are just going to sit on their hands like they have done last year that should be more than plenty.|
|Cash call coming|
|Universal Coal's NCC has honored its maiden delivery to Eskom ..........what is the missing piece here wrt CZA ?|
|con call and webcast for tomorrow , any wagers on some upside news|
|I would say that marble was still being fused as fine particles into rock, zeons behind.
The tortoise may win though.|
|its worldwide accepted that Rome was not built in a day and that is understandable , but at the rate this board progresses they would still be sourcing the marble for the construction of the Colosseum|
|any knowledge of any developments or progress on our plan of action|
|Don't invest in ZA is the message, I think.|
|we need the CGA and the board knows it , the urgency of which has also seemed to register with them finally , the capital raise ,the loan conversion , surely it can't be far off|
|I think people are peed off with this gem|
|oh dear , a few sales today. Does somebody know of bad news?|
|if CZA takes this long and counting , to secure funding for an acquisition that is , if we use Keaton as an example 600 mil ZAR / 50 000 USD as one of its major steps in its plan to turn the company around , then what would be the expected waiting period to get the Makhado project going around 400 million USD estimated (dont even try to put that in ZAR value )|
|wescoal's shareprice does not reflect that of a company that is likely to double their annual production target shortly , the pricing and payment structure of which the shareholders had seemed to be happy with ......extrapolate : CZA is just letting the ink dry|
20 Feb '17 - 19:52 - 10700 of 10702
They haven't announced any dates to the public, if so show me the RNS where it says so.
Boz, it was you that stated last week that you had been informed they were working towards the 20th Feb. I requested at the time that you disclose your source - or stop posting such spurious claims, as it does nothing but undermine sentiment when the claimed dates pass with silence....
We are now getting into critical territory, as the debt to RIO becomes due for payment in weeks.
I have been 'invested' here for a very long time, and watched a substantial sum get turned into pocket change by the apathy and lack of any material achievement by our extremely well paid Board - so I think I am entitled to a moan.
|if the board does not pull a rabbit out of the hat now , they know very well that there will be no Easter Bunny . time has become a dominant factor in the path going forward for CZA's sustainability|
|2bozmo, I'm not moaning, and not about CZA singularly specific, I mention AIM companies in general, and have not said CZA have stated the 20th, and it is Posters who say that they have contact with the company that have mentioned the 20th in this instance, and that we will be acquiring a CGA shortly.
I have every faith in DB "pulling the preverbal rabbit out of the hat", whether it be 'quote' tomorrow, next week, next month, and that is a reason I have held and been adding more shares recently. Have been with CZA for over 9 years and with over half a million shares now, I am looking forward for a positive outcome here - nothing wrong with that. Only Half a million shares you might say, but some of those are bought at over £1-50p, so I have spent a considerable amount of money here.
I think you have taken my previous post in the wrong context, or maybe it's just the way I have written it !!!|
|They haven't announced any dates to the public, if so show me the RNS where it says so. 20th, 21st, 22nd? Even if they don't acquire Keaton they'll be a fall back plan. All some people do is moan about management, hopefully those willdo us all a massive favour, sell up and quit their whining. All very dull. That's all.|
|Well Ianio, as with other AIM companies that indicate a date / time frame that something all the shareholders are waiting for / will happen, then no surprises today. Looking back through previous posts then the 20th has been mentioned, BUT, not what MONTH, or given that, not even what YEAR !!!
Could be tomorrow, this week, next week, next month, but David Brown knows he has to "pull the preverbal rabbit out of the hat" otherwise he is going to have a lot of 'egg on his face' and a reputation that is not going to mean anything in the future.|
|So.... yet another 'target' date arrives, and will no doubt go, with the usual resounding silence.
Another easy months salary for the board....|
|When you've been here years the odd day or two doesn't make a difference! If it is the 20th then half an hour to get involved!!! But it appears with news flow this week that things are happening.|
|things are looking like they are stacking up in 2bozmo's camp ,either he is informed from the horses mouth or an equal chance if the CGA materializes by the 20th that he is the horse (stranger things are unlikely to have happened or ever will ) , and a couple of skeptics might have to eat their hats ! but looking beyond Twain , a raise , a loan conversion , Keatons silence on an increasing acceptance (77% still seems to be the goalpost with a 190 monetary to beat) , no further bids disclosed.... maybe we just need a little clarity on our funding and the SEND button for the bid will be depressed ....|
|Good to see the $10 million loan converted.
So we're expecting CGA news on the 20th?|
|so CGA it is , and good luck with the wording of the RNS/SENS by the 20th ......|