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Am as frustrated as the rest of you, this share has dived by about 50% in the last year, substantially more if you take the highs 18/24 months prior, but the CEO has bought a significant number of shares in the company, at a discount, but with her money on the line. I recall 3% of the company, so reporting levels, if she sold.
So I do think she has 'put her money where her mouth is" as CP13 eloquently puts it.
Another poster says this company has fallen because it has no value, well we need to ask what is minimum value, goldfield rights and Thar rights? Is £8 million reasonable?
Gold rights, well easy to sell your option, once proven, bit like selling approved planning permission on a house extension.
Thar, well more tricky as political, environmental and depends on paying the Chinese for previous energy projects on approved projects that are considered over generous, as they are desperate. Now trying to renegotiate.
My ****stani colleagues say that the reason they haven't stamped out polio is because they receive $300 million plus in donations and the security forces receive a substantial part, so not in their interest. This may be scurrilous, but no doubt has an impact on employment and may be indicative of policy.
Yes i agree ....
Naheed has put here money where here mouth is.............. NOT
:-D
lordsidcup, yes, I know. My point is that was her only job and she did it pretty poorly. Wish I could get paid to do that!
Should be much higher now except for some numty selling tiny amounts
It was a shareholder Q&A. she was reading out the shareholder's questions. that was the point
IMO it's a terrific interview and remarkably open and candid. Of course she cannot release certain info but is going to great lengths to explain in detail what the issues are, what she is doing to address them, and is extremely reassuring to me. Geopolitical issues are a nightmare and are hard/impossible to address and care not one jot about ORCP or its shareholders so we have to live with that risk and hope ultimately we will be rewarded. I may even buy more/double down on the back of this to get my average down even though still many risks of delay - I’m patient (been here >18mths already)
Agree it's a good interview. You can kind of feel her frustration at the questions she's having to answer, but that is a situation of their own making because their shareholder comms have not to this point been good enough or proactive enough. Shame about the incapable interviewer, whose only job it would appear was literally to read out some words. My 11yo daughter could have done a better job!
Lots of red tape but the sizors are slowly cutting it away. Lots of patients, May be the gold will come good until the LOI letter,, which in my opinion will happen sooner than later..
The sheikh is still in and China and she has invested... China corridor needs extra power as the people do,,, fertilizer is much needed..
:-0
Yeah no point, this has multibagger of the year written all over it, nice to see buys are coming in now
Ignore him, he has issues which I actually feel sorry for him for.
What are the lies then Adamad?
Did you even listen to it? Idiot. Filtered
She needs to start telling the truth
Not short on positivity- if that don’t get the sp moving again - feck all will.
Naheed has been working hard on the thar vi, she’s clearly as frustrated as the next man, good answers even though she has to be a trifle guarded in her response.
This is absolutely the best yet, clear comprehensive and totally oozing confidence in gold and also Thar, despite the frustrating delays by the Government https://www.youtube.com/watch?v=itKD6oT5EyY