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Echo that summation, Noloss - we're all under water on this currently, as we all know but IF RY manages to get this properly funded ultimately or introduces a third party to assist with the development of KM, the sp will do an 'Apollo 11' from here.
All we can do meanwhile is sit and hope - at least the massive asset we own will increasingly appeal to others the more the Ni price heads north, if it's ever going to!...sasa.
Its a mess alright and its going to get an awful lot messier.
Smart move Catalonia. I'd do the same if I could persuade the wife but the kids and the in-laws are a tie that's difficult to sever. I spent quite a bit of time working in Tarragona many years ago and loved it. Not without its own political uncertainties though but then again is anywhere stable these days?
Good point Mat define near future, 6-12 months from when?when the company got the licence,when Medea identified sources of finance or when mou’s were signed.My point being our bod just plod on.Their inability to tie Down a deal is never ending. If NDA’s are in place they should have been signed for a year or more,with a deal done and dusted. Under 2pence share price after all these years.Yeah let’s keep telling them what a good job they’re doing when we’re all down on the sea bed drowning MD
I'm still struggling to understand how you've arrived at your "lying" conclusion but if that's the way you see it then that's up to you. I've been in, and am currently in, a whole series of shares where the BOD's have been far more brazen in their dealings with the "truth". That's no consolation to you I know but it is the nature of the AIM beast and you either have the temprament to ride the beast or you don't.
As I've said before, on several occasions, I focus on the external issues, nickel price, LME stocks, EV adoption as well as the general economic climate. If these factors all continue to go in our favour Amur will ultimately come good. All, of course, IMVHO.
TDT If you told someone you would deliver something in the very near future and you didn’t do it,you would be a liar.If RY had said Q1 2020 we could be ticked off,but we would give him until Q1 2020. So sugar coat it as much as you like ..........He lied. Giving up.No we are way too far down this Rabbit hole to turn now. MD
TDT If you told someone you would deliver something in the very near future and you didn’t do it,you would be a liar.If RY had said Q1 2020 we could be ticked off,but we would give him until Q1 2020. So sugar coat it as much as you like ..........He lied. Giving up No we are way too far down this Rabbit hole to turn now
What Robin Young actual said in the 22nd. March RNS was:-
"......we anticipate delivery of further value to shareholders."
I don't see that, given where we are currently, as a lie.
Statements such as:-
"I look forward to providing a more in depth perspective of the strategic partnering plan in the very near future."
are deliberately vague. He has to use terms like the "very near future" because he is not in full control of how events unfold. Calling him a liar is both harsh and unfair.
The frustration I get. It sometimes feels like I've been in this one since God was a boy but to give up now would be madness. LME stocks are falling, the nickel price is rising, somebody is accumulating and EVs, once/if they take off fully, will create a feeding frenzy. I expect to see a turn around here sometime 1st. Q 2020. Another 5 to 8 months given how long most of us have been here isn't long to wait.
Noloss What I would like RY to do is tell the truth in an RNS and not lie as he did in the RNS of 22march When he lied about shareholder value in the near future.That was not poor sentiment or nickel price,that was good old fashioned lies It is not being negative,it is just pointing out facts or as i’ve Said lies MD
TC still hits the red wine hard especially as he now has a holiday residence in the Châteauneuf-du-Pape region of France. All paid for by the sheep who followed to 88e (and there were plenty). This enabled him to sell out in the 4p region. We still smile about those days.
Noloss - I was in short pants when RY was promising a DFS (definitive feasibility study). That suddenly became a PFS (pathetic feasibility study) - the forerunner to the dfs.... wake up and smell the roses, this is years and years away from ever getting a saleable quid out of the ground. I just got off the blower to The Chubbster, who predicted a future purchase price of 1.8p in back in 2014. I asked if he would now buy now that baseline was passed? All he asked was if RY was still in command. I said yes ... his reply..." no chance ".
Im gone.. back in a couple of years to see if amc is still listed.
We won't know if it has been the wrong leadership until we see sight of a deal or two.
RY got the licence where others would have failed. RY has uncovered in a very cost effective manner a huge resource. RY has produced an updated PFS. What he has not done imo is pandered to every cry for an RNS just to suit some shareholders. However imo it is the items above that he has achieved that I am judging him on and that is what will bring home the bacon in the end. Would be good if things got a move on though.
I think you are wrong with the resentment issue. The share price is being hammered by negative sentiment (some oh which is being manufactured rather than genuine) and Riverfort. External influences such as the Nickel price probably hasn't helped with timings. As for the share price, well all holders would like it higher of course but you know how quickly that can correct itself.