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there are a few halfwits about here lovejoy. they probably deserve not having lots to **** in an so try to make it miserable for others.
Safetrader, you really are pathetic and gutless. You rip pc apart all year, you now have the opportunity to pull him up and ask serious questions at forth coming AGM and yet you think it's pointless. You post away continuously wanting answers but not willing to go to AGM. This is your opportunity to address your concerns and your turning this chance. Gutless. I thought you were above the other riff raff idiots who only posts when sp drops.
At last someone fully understand our predicament. Thank you Bots for you're very informative post. Fly ash is still being sold, so companies will continue to use. Why wouldnt they and they're not In a hurry to makes changes. If trump wins, he will simply open up coal etc. Not rocket science.
Reading the Annual Report, I was drawn to their comments about state of Pozzolan replacing flyash / being an integral part of the cement and concrete supply chains. Given this was so long in detail (but detail which i appreciated reading), this makes me think the acceptance of pozzolans is taking way longer than anyone anticipated. Which means Sunrise can do nothing much until someone comes along and says they want to buy the deposit. It would probably cost Sunrise close to $50m to develop a plant on their own (like Geofortis) - and PS and team simply dont have the skill set for that.
We had better hope DT does not get re-elected - coz if so, he will turn the coal plants back on. And flyash becomes plentiful again.
" I will ask him directly whether he can counter the comments made against him on this forum, with some evidence of performance."
He will think he can, and he will say he can. You will look into his eyes and see a man who sincerely believes he can. But the reality will be that he can't. These conversations at AGMs where well meaning people go and meet him and come away convinced he is well meaning and confident have been happening for almost 20 years.
It's not a question of whether he wants to do the right thing, or believes he can. It's a question of *can* he. And we already know he can't. If your remaining stake is worth enough to get yourself a curry and a pint, do that.
Believing in PC simply because he believes in himself, or wants this to succeed just as much as you, is how you see that bit of money you have left disappear completely.
Thanks for the advice Shelly. I would prefer to stick around and see what PC comes up with. In the meantime I will nurse my paper losses, and fantasies about what could be the value of our assets. I am in no hurry, and will see him at the AGM. I will ask him directly whether he can counter the comments made against him on this forum, with some evidence of performance. I will be able to look into his eyes, and then report back to you with his response. It is only him that knows what is going on behind the scenes anyway. From experience I know that good water tight deals take an age, especially when you could be talking about two sites, and a number of different parties all going at their own market pace. You never know, but by the time of the AGM PC could be your hero!
He's not really dishonest or doing anything Machiavellian. If he could do something to help long-term holders he would, as he is one himself. It's time to recognise that he's just not got the skills and to stop investing in him. Getting angry with him will achieve nothing. The problem is not motivation or alignment of interests, it's lack of capability. Accept it and move on.
One thing for sure now is that PC has finally realised his shareholders are not happy
Holding on to this disaster of a stock hoping you'll be back in the green one day is a recipe for losing everything. It's one failed placing away from folding and going to zero. Pull out whatever you have left and go for a pint.
That's his arrogance shining through , it's everyone else's fault and not his .
Probably bought those for over £20,000. Well I am now 80% down due to believing in what PC has said over the years. Unfortunately, I don't believe a word he says any more. He lost all credibility some time ago. Yet if you contact him he gets very defensive, thinking all is okay.
PMSL, 13, yes thirteen million shares for almost 6 grand return. Another offload at any price and some form of loss for somebody nonetheless. Only a hit when you sell as they say, but speaks volumes
Perhaps PC should address it shareholders prior to AGM as to what the feck is happening or nit happened more importantly
The time frame is never never land. No change
BOTS - death bell - bit of an extreme view fella and not one I share.
Things will happen here but the timeframes have shifted.
Sorry guys but i think the death bell has sounded here a while back. I didnt twig at the time - but if Cheetham is now pitching Tertiary Minerals, then for me this is showing he is in the process of moving on. Of course some are going to say he isnt busy here, and is free to develop other opportunities. But I see it as he has been unable to deliver on the promise offered here in early 2023 - and he knows the reasons for that far better than any of us. He is gently withdrawing imo.
Ah good point totty re the deferred shares.
Think he can issue under that , hence deferred shares issue he did . PC knows exactly what's happening and why we've nosedived , as usual he fails to communicate and hence where we are now , does he give a toss ? Short answere he couldnt care less what investors think even despite his personal holding ,!
Don't think a placing is allowed if SP is below 0.1p - so perhaps a share consolidation is coming ...... ?
I hope this isn't the case as this will f**k us all .....
PC has certainly flecked off enough investors over the years especially long term holders for that to happen
Tottyman,
As much as i agree with you with to how dire this is becoming and the sp is now completely wrecked, i cannot for the life of me see ( even though people will vote against it ) how not allowing future raises will help us in any way shape or form. It wont happen. As for him raising the share price before the AGM, someone is quite welcome to try and convince me how he's going to do that, when the RNS told me everything i needed to know.
Imo this will happen before agm . This pathetic bod will want to cover all their bases as they will fear shareholder revolt as to future fundraising ability . Hope the bod reconsider their shares issue in lidu of salary as they've achieved sweet fa this year
Lovejoy23 - you stick to jumping off a dolls house and ripping up tissues.
Do you honestly think he would bother who turned up to face him ? He is devoid of people skills - that is why it is once again groundhog day looming !!
Safetrader do you have the guts to stand up to pc direct at agm.
It should read safe vs cs project. I think all lth should go to agm. We need answers now and stop the cloak and dagger. If you all sis trust me look very hard at earnings taken.