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Maybe they had to release an RNS statement just to state the obvious to be in line with the regulatory bodies and to get investor queries off their backs. Would have been nice for them to formally state in the RNS what is causing the hold up. At least they've stated they are focused on the delivery of the Project agreement asap, if they are going to issue a revised forecasted date, then please make it a realistic timeframe and don't over promise and under deliver, it's the other way round Jason lol!
Night night, Jason.
Love you @whiskeyman Turn that frown upside down :)
I’m sure everyone is feeling “excited” right now at the prospect of buying yet more “cheap” shares. You’re definitely a few sarnis short of the full picnic basket.
Agreed @SJS2019 Overall it's a very exciting time for us! Let's use this time wisely to accumulate more shares at these bargain prices! GLA
Of course it is frustrating..... we all want the agreements signed as shareholders. Unfortunately it seems like the agreement is more complex so is still ongoing for whatever reason. I believe as others have stated we are the minnows in this agreement and have little control over the other two masssiiiiveeee companies and thier timescales.
"Quadrise continues to work with its project partners to seek to finalise the Project Agreement"
Until we hear they have stopped working with the project partners, we just have to have to have a bit more patience and wait, what else can we do?.
Let's hope for more updates on Utah and Morrocco this week/next week to keep the moaners from moaning :-)
GLA
"Today just feels like a sucker punch to be honest, they raised the money after some great updates and optimism only to then give us this. If anything, is was not worthy of an RNS, silence wouldve been much better"
People moan when there is silence and they do not hear anything for months from the BOD. They give an update and people say silence would have been better!
I do wonder if they were advised by someone they need to release an update considering they have missed their own target by 5 months. And especially the fact they missed their most recent target again. Wouldn't surprise if it's all a meaningless and they get the agreement sorted in the next couple of weeks.
@whiskeyman “Illuminate”, is your name Jason by any chance?"
The fact is I am just someone who is a fan of Jason's leadership and ability to get things done. We are getting closer than ever and in my opinion todays temporary SP drop is the perfect opportunity to top up more!
These days of sub 2p or even sub 10p won't last long! Good luck all!
Silence . Everyone moans . Update . Everyone moans .
Today just feels like a sucker punch to be honest, they raised the money after some great updates and optimism only to then give us this. If anything, is was not worthy of an RNS, silence wouldve been much better
"This is obviously not true. If I decide to sell 15M shares (I wish), watch it fall through the floor."
Clearly, there hasn't been a 15 million sell today; thus, when examining trades and volume, one can make an educated guess. By the way, volume only reached 10 million today, so a 15 million sell would be implausible. Let's stay grounded in reality, shall we?
Who was it said ‘I don’t actually think the SP will suffer today…’
Quite prophetic & forward thinking - until 4 o clock!
“Illuminate”, is your name Jason by any chance?
"I think there has been a more than one seller selling otherwise it wouldn't have dropped at all."
This is obviously not true. If I decide to sell 15M shares (I wish), watch it fall through the floor. That said, there have been many trades today, but the price hasn't moved much.
Not sure who said that but unfortunately we are the minnows here. We are being led by the nose whether we like it or not...Just hope it's not to the slaughter house...
I think we all expected a delay, having been here forever and a day.....this is still the closest we have been.....just a little longer
"Yep interestingly only one seller really otherwise no change."
I think there has been a more than one seller selling otherwise it wouldn't have dropped at all. As it is I planned to buy a few today any way and it allowed me to buy a few more for less than I anticipated so I'm happy. I don't anybody expected plans to run to schedule, they haven't any other time.
The SP could easily rebound as effectively the RNS told us nothing we already knew, i.e. the Q1 target for agreement signing has been missed, duuuh!
Yep interestingly only one seller really otherwise no change. Maybe the worst tree shake ever which at least shows us some good loyal shareholders holding firm. Wouldn't even surprise me if the SP returned back to where it was when people realise they may miss out again!
"In my years of following companies, I don't think I've seen a CEO who talks out of his ars as much as JM"
@U01BY Jason is doing a fantastic job and is leading us in the right direction. If you're not happy feel free to sell and take your negativity elsewhere
Hardly earth-shattering news and I wonder why they felt the need to RNS it as there have been many, many other project delays over the years where we have had to sit in the news vacuum for months.
I now expect the usual apologists saying "complain when there's no updates, then complain when we get one".
Apart from what looks like one seller running for the hills, this has not caused a frenzy of trading and the SP remains relatively unscathed.
Asimpleinvestor - no, not really, only 13 years so a veritable new starter. Thank goodness I have experts like you to highlight the error of my ways eh? 😏
JM said they are in regular contact with the project stakeholders. I would hope they mean daily by this as surely at this stage of the project agreement you would like to think they are pretty much on it full time.
"I think it would be hard to find an outfit that promises so much and delivers so little"
You haven't been investing on AIM long have you.