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DAZ/ l wrote today 30p by 3.30 lol" remember you can read this post at any time. and save it for reposting latter" you have made my day love you loads
Not my agenda bud...your words, full of ---t ;-)
DAZ/ wrong again if it fits your agender so be it,lol as l say get in the shade,G/L
Heel boy... It was the December RNS earlier... It's nothing to do with any RNS...your words "as l said some time ago 6 to 8 month would be the time scale so we are nearing 7& half months now".
You were referencing your own 6-8 month prediction from May....but keep squirming ;-)
DAZ/ come on wake up ,
rns/ posted 21/may 2019, clearly states that we would be shipping in q4 hence nearly 8 months latter," get your fact right , l think you have had to much sun today go get in the shade ,lol or is it try to make maddie look as daft as you,
@Obs ...09:48..... Indeed but then I'm as much 'about the story' as you are 'just about the glory'..... how many times have you danced and jigged like a puppet & made significant calculations over previous 'plays' the company have announced only to watch it slowly turn to dust & memory.
For what it's worth my initial buy in had absolutely nothing to do with Lithium but appreciate the value this may provide eventually and I've already stated that I believe Amapa could mark a significant turning point for us, I'm fully behind it and think the board have actually played and structured this well.... after all there's a first time for everything eh!! Indeed hopefully it will prove to be our making and provide the ability to find and support our costs in the JV projects we hold, or hold out for a fair and reasonable sales based on the real value of them.
But I don't think one rabbit out of the hat wipes away all the history like it does for you every time they announce a new venture or project ... let's hope Amapa proves otherwise cos if it does I'll likely be gone and you can ignore the history I insist on keep dragging up....
You posted this last night....
maddog38 Posts: 3,340 Price: 10.525
RE: Well well wellTue 21:23
MR/lithium thanks for the info but that is a bit premature for me as l said some time ago 6 to 8 month would be the time scale so we are nearing 7& half months now so if every think is ironed out and we have a deal then l would say the early part of September which would be the 8 months" at the moment the only ships appertaining to us are ghost ships.
You predicted 6-8 months in a reply to me in May. You know people can read your previous posts..Right?
So how can we be nearing 7 1/2 months lol...You only predicted (guessed) it 3 months ago!
daz/ read the rns December was the shipping date " you get no prizes for been a idiot lol
My opinion for what it's worth: we overstretched ourselves on a lithium play which didn't pan out, for various reasons, not least because the lithium price has fallen substantially, and we have been paying the consequences ever since - as @Bannor likes to remind us. We are now positioning ourselves very nicely for an iron ore play. THIS MAY NOT COME OFF. But if it does we could be talking serious multi-bagging and especially so if the lithium price and demand recovers alongside it bringing our Sonora JV's more into play and hopefully increasing our EMH holdings. We may even want to fund our Rare Earth JV if we decide to hold rather than sell to fund our other plays. It was your choice to hold or buy on the lithium play which has failed to date, it's your choice now. NO ONE ELSE'S. Good luck all genuine long term holders. Hopefully we don't need it. :-)))
You think something you said in May....is nearly 7 1/2 months ago lol ;-)
That's why l want a EGM to vote these leaches off the board
Following the 26 Jun statement of 7.21 at year end (no mention of a 50% drop by the time of writing that statement), on the 16th Jan we were at 7% and by the 11th Feb we were down to 6% by the 13th Mar we were down to 4.1%, by the 26th June it was down to 3% by the 29th July we're down to 2.7% and today 2.2%
so where the F is our notification that our big investment in Macarthur has been wittled down from 7.21% to 2.2% ?
I'm going to guess this was due to dilution by Macarthur, some no doubt the convertable loan notes mentioned below, and share options in placings etc that we didn't take part in, thus diluting us down heavily.... great job, the one part of this miserable company that shows promise and progress and we let our holding get hacked down to a fraction of what it was.
you only have to look at what was in our results for year ending 31 dec 2019, to know we backed the wrong horse......
· Macarthur has secured a binding Life-of-Mine Off-Take Agreement with Glencore International
· Macarthur also has established multiple project areas in the Pilbara, Western Australia for conglomerate gold, hard rock greenstone gold, hard rock lithium and nickel. Macarthur Minerals also has significant lithium brine placer claims in the Railroad Valley, Nevada, USA.
· Macarthur completed a US$6 million institutional convertible note offer to fund the production of a Bankable Feasibility Study on the Company's iron ore projects. Glencore Internation A.G participated in the convertible note.
· Macarthur signed a binding Life-Of-MineOff-Take Agreement with Glencore International A.G for the Lake Giles Iron Ore Project.
· The Lake Giles Iron Project, Feasibility Study (FS), is well underway with the infill drilling program completed in December 2019.
· Macarthur entered into a binding agreement with Arrow Minerals Limited
..... we once held over 20% of MMS specifically approved by their shareholders dilutions accounted for some of the decrease but I think you'll find we had to sell out most to pay off loans, debts & of course the salaries of our financially and business 'knowledgeable & experienced' BoD who steered us into a shambolic mess with their previous choices & actions in my opinion.
2.2% of MIO is worth less that £345k or so if we did sell half a per cent on yesterday's spike it'll just about pay Mrs Padovsky's wage bill for the year.
Can't see us holding onto the pittance holding MIO's now become for us much longer now ..... still they've managed to keep their own salaries coming in at any cost to PI shareholders over the last 5/6 years .... you can but hope Amapa aids recovery for some and profit for those who've bought in recently.
Just my thoughts as per the norm....
@dsfat
from our Results for the Year Ended 31 December 2019 dated 26th Jun 2020
"As of year end, Cadence held approximately 7.21% of Macarthur."
so, good question, have Macarthur diluted that much that we drop from 7.21 to 2.2 or have they sold some without notifying shareholders? going to look back now and see if i missed soemthing.
I hope so our chairman is on the board ;)
exactly, they have bugger-all idea what they are doing, except for how to fleece investors and keep their cash cow alive.
should have shares in Macarthur, they seem to be a legit business
2.2 % holding..WTF happened to the rest of the holding ?
These guys seem to sell out of company making projects just before they land the spoils..
Imo etc
Fifth time lucky maybe....for breaking this resistance level.....
They will pay anything knowing they can instantly sell them at a nice profit.
"Trading made easy"
Every sell nearly is rising, we are being pulled up by our boots :)