Trying to fool us by putting kisses at the end of every post when he first started posting fooled no one.
If I were to come on here pretending to be a woman with my first post I would've done a better job than him. Something like this:
my name is called Doris I'm 63 years of age and very pleased to meet you all.
A bit of background about me. I'm a member of the women's institute, I enjoy knitting and sowing, I enjoying washing crockery and ironing hubbies clothes. I enjoy music with cliff Richard being my favourite followed by Aled Jones and not forgetting Daniel o donnel.
Anyway bye for now. I hope to contribute to this thread in the future.
“So he’s already put a lot of money in. And if he bought that 11.2 per cent and then didn’t end up buying our stake we wouldn’t worry too much because we’ve replaced a bad shareholder with a good one with lots of money" -------------
Well I'd be livid if he didn't buy. He wouldn't be "a good shareholder" with "lots of money" because he would haven't given us any of his "lots of money". So if he did waste our time for 6 months because he ended up not buying then he'd be a "time wasting tw**"
a rise today. As others have pointed out AIM's been brutal lately.
On a side note about this hedgehog89 who constantly harasses members. First post was a 24 year old female newbie who was wet behind the ears when it comes to shares. Last night when harrasing on the GKP thread said: " Oh im a lot older than you, been around the block, seen your sort come and go matey'.
I guess the dreams of those who really think they are interacting with a 24 year old female have been dashed. Old and been around the block? Lol
What I meant by AB appearing a bit odd was he uses words like cherry blossom and oubliette for instance. And in the minesite interview he praises LOND for being very smart in banking their profits but we failed to do the same in selling Jupiter shares when they were at a high. He also says we would have replaced a bad shareholder with a good one at Colombia. Just thought that naming a shareholder bad a bit odd. Perhaps my nerves are a little frayed at the moment and I am just desperate for good news| Cheers R9.
The answer was long ago stated by AB in previous interviews to be "the profits have been invested back into Colombia for infrastructure and amenities" or words to that effect. To this day I don't understand why we have continued to do that when we have no cash ourselves and are having to dilute shareholders.
You say "Safe to say we have no control over what happens at the mine. You need 60% for that luxury." but if RRR owns 50% then no-one owns the 60% needed to control things. Regardless, it still makes zero sense to me that any of OUR profits have been perpetually pumped back into the mine. Even now one has to assume that this is still happening (if one assumes there are indeed profits).
We are now selling our 50% share and have been for the past 7 months. However small the profits in those 7 months, they should have been transferred into RRR's books surely? To not do so is like selling your house and telling the buyer "Let me re-decorate the whole house for you and put a new kitchen in before you complete".
Perhaps profits HAVE been coming into RRR these past months? Once again, we are in the dark on fine detail. The next set of accounts will presumably reveal all.
You must be very happy now you know the answer to one of your repetitive questions you kept asking over and over. . . . Why RRR didnt ever take any profit from the mine . . . . .Safe to say we have no control over what happens at the mine !! You need 60% for that luxury.
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