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Truth as you say mate Same As each year just kicking the can down the road at the expense of naive shareholders hence 1p SP
Nick as you say let’s see where the SP is at the end of January,and as I’ve said for many years it will probably be where it is now 1p !
2011 link but granted it's interesting. It's still irrelevant though given the Presidential Decree. With references and links, it's essential to put the dates unless the intention is to mislead about the current status and future prospects. Also noted are the desperate effort to give the thread a negative title when there are many other positive quotations despite the 'documentary' having a biased slant.
A previous long-time objector who assumed MIN / Loyalward were "sworn enemies" says he met someone associated with the project and was won over as shown in the clip. He states after being invited to see the plans he "realised they were proposing all the things I had been proposing for years."
What is key though is that after long discussions, project adjustments and numerous appeals an irreversible Presidential Decree was issued and, like it or not, the project is on track to go ahead with highly sensitive proposals that use just 0.5% of the leased area for development.
What I find amusing is that the detractors (of MIN) chop and change from the leased area being categorised as harsh worthless scrubland to an idyllic scenic location that shouldn't be touched.
This link was interesting but a date should have been added as it's irrelevant in the context of whether MIN as an investment is going to be a success. There has been a lot of misunderstanding (deliberate or otherwise) lack of understanding of what a Presidential Decree amounts to. It's irreversible and unappealable.
There have been a lot of posts (here and elsewhere) deliberately trying to mislead in order to try and dampen sentiment in order to buy in cheaper. All the recent news suggests that commercialisation of the project will move ahead rapidly once the Foundation discussions are agreed and formalised. This should be reflected in a corresponding buoyant share price. The detractors will not like that one bit for whatever bitter reasons motivate them. Review the share price and news released by the end of January and let's see.
Nick your exactly right about doing your own research but investing in a business like Minoan then you have to look at there previous history which spans decades and tells you that it’s not easy , moving forward I would want some Solid movement that they have found investment to create the dream they have been craving for .At present like I have said 100s of times is that isn’t coming anytime soon so I will reserve judgement and stick to Facts hence SP of 1p ,not everyone has your optimism ,after all I’ve been invested in some big FTSE100 companies for decades and done well so I have seen lots of these pipe dreams like Minoan talk the talk but get knowhere ,as usual time will tell and that’s something this BOD have a lot off I’m afraid
A Thousand Lost Golf Balls
---------------------------------
https://cultureunplugged.com/documentary/watch-online/play/11942/A-Thousand-Lost-Golf-Balls
This wonderful documentary goes to the heart of the conflict.
****nal, I'm a realist and there is no doubt MIN have disappointed over the years. The past can be a pointer to the future but not always. It may disappoint you for whatever perverse reason but things are finally coming together for Minoan. Anyone who has noted the recent appointments and their 'money where their mouth is' investments will not be surprised if 2023 turns out to be a highly rewarding year for Minoan shareholders. You're free to take a different point of view but sometimes it pays to have an open mind. It's all in the recent news releases and anyone who chooses to dig a bit deeper will know that for once these are not empty or premature words. With MIN right now, never has the cliche 'do your own research' been more apt.
Nick for someone who only is interested in Aim shares you should know that there is an awful lot of nonsense displayed by BODs on here after all it’s not the FTSE 100 is it and Minoan are one of them ! Decades on
Nick your missing the poi yet here This has been going on for decades wether or not presidential decree or not is approved They don’t have a financial backer which is a Fact.The BOD will continue to receive a salary on the strength of what could be ? Decades on and they still are No nearer to creating anything just a piece f barren underdeveloped land so Get Real as you are starting to sound like another Dreamer on here called Bigwell SP is 1p ! FACT
It's also clear that you are one of the many usernames that include 'mudbath' who is clearly driven to mislead. Some posts elsewhere have been highlighted as fictitious and have been deleted by 'mudbath', but it will be interesting to see if he tries to get LSE to delete the post where he suggests Minoan is a con. It's pathetic and libellous in equal measure and I hope he pays the consequences. Morally, he is no better than the CLP on the Tern thread and that's about as low as it gets.
Factually incorrect. The Presidential Decree makes the link irrelevant. Anyone with the slightest bit of integrity would acknowledge that and apologise for a link that is irrelevant and posted to mislead. It's higher poor research or deliberately posted to mislead. If you don't understand what a presidential decree means (it's unappealable/irrevocable) then it's futile trying to clarify a straightforward fact.
Whether someone has updated a link that has been superseded by the Presidential Decree is irrelevant. Anyone with the slightest bit of integrity would acknowledge that and apologise for knowingly or otherwise attempting to mislead.
The fact that you cannot acknowledge the validity of a straightforward fact flags up that you have only posted with a desire to mislead other investors. Quite shameful but sadly not uncommon these days on anonymous internet forums.
The link provided earlier is far from " irrelevant" notwithstanding the protestations of Nick.
The original snapshot might have been in 2014; yet the article was fully updated in 2019, after that meaningless presidential decree.
The current and future potential for "conflict" is there for all to see.
Add to that the projected environmental impacts (Visible: Biodiversity loss (wildlife, agro-diversity), Desertification/Drought, Loss of landscape/aesthetic degradation, Deforestation and loss of vegetation cover, Groundwater pollution or depletion, Large-scale disturbance of hydro and geological systems, Reduced ecological / hydrological connectivity, Potential: Floods (river, coastal, mudflow), Noise pollution, Soil erosion, Surface water pollution / Decreasing water (physico-chemical, biological) quality) and the project disintegrates totally.
Sorry folks, but the project has no legs.
Nick try not to make Minoan out to be responsible to there Investors as if you did your own research you would know that they have done nothing for them or the Cava Sidero site for decades and 2023 will bring the same as previous years Nothing .All this BOD have done is earn salaries at investors expense and that’s a Fact hence why SP is still a Penny !
Even more damning, it's not even 2019, it's an irrelevant and outdated 2014 article that has been superseded by the irreversible Presidential Decree.
This is an irrelevant link as the irreversible Presidential Decree giving full planning permission followed. It's disappointing to see individuals post links that mislead investors. If the poster was so intent on researching he would surely have found the mass of references to the Presidential Decree which anyone who has done the most basic of research is irreversible. MIN is on course for a breakthrough year in 2023 and it's telling there are a lot of negative and misleading posts . It's sad that some people have no scruples in order to try and damage sentiment with misleading information. Presumably it's with a desire to buy in. Each to their own but it won't impact on the fact that Minoan is set to do very well in 2023.
Below is a link to a decent synopsis of Minoan's attempts to progress the Kavo Sidero project a little further.
The possibility of this looks to be somewhere between very slim and ZERO .
https://ejatlas.org/print/moni-toplou
yep RNS on New Years eve half day trading, gotta pay the BoD somehow
Will be expecting an RNS about the Loan which is due 31 December ,im sure there will be another fee applied and it’s term extended, the good old shareholders will pay this not the BOD !
Let us wait and see after all it’s took decades to get here watch the SP from here !
Especially the final paragraph:
Since we last reported on 24 October, matters have moved on significantly and we expect discussions with the Foundation to conclude in the near future. In addition, commercial and financial activities have recently picked up pace and I and my colleagues look forward to reporting in more detail on all these matters as they come to fruition."
Never say never ****nal:
9 December 2022
Minoan Group Plc
("Minoan" or the "Company")
Appointment of Savills as an Advisor
Minoan is pleased to announce that Savills, the Global Real Estate Advisors, have been appointed to work alongside the Company's Project Team and Deloitte Financial Consultants to further develop the real estate portion of the resorts at the Itanos Gaia Project in Crete (the "Project") . Savills will be using both their London and Greek offices to ensure the Project is positioned at a competitive and international level. Initially, this will involve advising the Board of Loyalward Limited, the Company's wholly owned subsidiary, on the Development plans for its 6,000 acre peninsula site in Crete.
George Mergos commented: "We are delighted to have appointed Savills, whose input and advice will be invaluable as we progress in the development of the different hotels/resorts and their associated real estate. The addition of Savills to Deloitte Financial Consultants provides us with the know-how and expertise to increase the pace of the development of the Project. Savills will work closely with Marco Nijhof, our recently appointed Hotel and Project Development specialist.
Since we last reported on 24 October, matters have moved on significantly and we expect discussions with the Foundation to conclude in the near future. In addition, commercial and financial activities have recently picked up pace and I and my colleagues look forward to reporting in more detail on all these matters as they come to fruition."
Is there any truth in the rumour that MIN are changing their ticker to a more apt CON ?
CON CRETE does after all have a nice ring to it and they will surely be wanting to pour plenty into those first footings.
Hopeful holders please beware in case the Minoan Express ever leaves the sidings.
Keep dreaming Bigwell it may well happen LOL !
One day Rodders..................................!!
I forgot it’s still a Big Sell !