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Yes I too really liked Bill. One could say too honest for his own good, he was right about keeping his hard earned for his wife’s new Kitchen. Not sure how complicit he was with the native title and exploration licence mishaps. He had it tough during COVID managing his troops from afar here in the UK. Certainly was around while a lot of prospective deals got done. Probably better where he is with the support he gets in POW etc. His geology know how and enthusiasm can be tempered by someone strategic doing the press interviews and compliance.
@CJ
Braver man than me then, the 2% NSR and proportionality clauses and lack of escrow, set the mind running as to what the future holds.
I do think the Australian markets are better for raising for Lithium exploration, and it does simplify the story to UK investors we are solely and Iron Ore play.
Would like to know if decision was taken about ERW before Rob Mosig decided to join us.
He knows the area better than us, will he be promoted to CEO off the back of more JV’s around Munni Munni, as he wasn’t brought in to broker an in house JV with ERW.
Bill has been a director of Alien Metals since July 2019 and, in that time, has been heavily involved in the Company's technical and corporate activities.
So still a part of it, granted not CEO for the whole time.
There is no better BETA than UFO in a Bull Market. Its a great Share to hold when that Bull starts. The patient ones will reap the rewards from that BONANZA BULL BETA.
The annoyingdevil, Bill did nothing of the sort, he didn't become CEO til Sept 2020. He benefitted from a massive rise early in his tenure then it was all downhill
@Wents look a the chart .. its just the resumption of the long term downtrend.. we nearly broke out .. but there are some pretty strong forces trying to keep the downtrend in tact.. the trading action prior to the JV announcement was a clear sign of this.. UFO have the chance to push it higher .. but its going to have to be something pretty spectacular in my view..
I will be once again loading the boat below 0.0010p if it happens.. I dont want to see that price .. btw
Rob Brierley would be my ideal CEO here. Purely based on what he did at Fenix
Sinter
For my part I quite like a complex multiple JV structure
It certainly inhibits an oportunist takeover bid :-)
He 30 bagged the share for starters Bfd. Then a Bear market happened across the sector. IMO he was an honest chap, who was willing to provide updates frequently. A good GEO but probably lack of corporate management skills to deal with a Bear market.
I’m just trying to second guess the strategic objectives for Alien Metals over the next 12 months.
The combined ownerships have to be considered when doing due diligence, and trying to second guess the influential parties financial objectives.
It’s hard enough in the junior resources sector, it’s easy when investors monies are piling into everything based on the company name, without digging into the weeds.
https://hotcopper.com.au/threads/ann-multiple-pegmatites-arv-ground-further-osborne-jv-results.7618211/page-15?get_post=true&direction=previous
This article on Hotcopper I saw the day it was posted and started my research, but the ERW JV peaked my interest again.
Really hoping some HNWI are present today at the Australian high commission.
We are the junior Iron Ore developer of choice on the UK AIM.
Why would anybody report it, its a fairly polite discussion.
It's one of the good things about this board, atleast until Chris2 appears!
you didn't answwr my question about Bill.
The guy may be a great geologist, who knows, but he certainly wasn't a CEO, as he admitted himself!
If you all report the feed it will disappear.
CJM - Zip. ill stop just because you asked nicely.
More power to his elbow.
He was at the Helm of a 30 bagger.
Time to drop this obsession with RS
He is no doubt a 'hard nose' business man. In it for money (so am I)
His holdings are not sufficient to force any negative decicions through.
For now and the immediate future there is nothing to worry about.
Focus on the many good points. Stop talking new PI's out of joining for Goodness sake.
Theannoyingdevil
What did you think was so good about Bill.
He dabbled in too many things because he was a geologist and not a CEO
Yep so as i said, Bennelong aren't the major holder
Sorrento Resources Pty Ltd 11,143,234 18.42%
Bennelong Resource Capital Pty Ltd 7,736,013 12.79%
Holdings in ERW, as already posted
I get your point Sinter - the web indeed includes Windfield Metals.
Sinter what is the relationship between greentech and UFO. They aren't a major shareholder here. Bennelong also aren't the major player in ERW.
I'm no fan of slimy Rich, but equally i don't want to us to expand fantasies of some complete Machiavellian web
@theannoyingdevil et al posting doom.
We see all the positives coming from the usual suspects, with context and even some numbers from time to time. Rather than post like Nostradamus with rather rubbish doom and gloom messages, can you actually put some context around your views for debate? Perhaps your opinions wouldn't be dismissed quite so quickly if you made a structured argument against the stock?
ATB PJ
It will be interesting if Macquarie Asset Management (with $892bn under management) or associates take an interest tonight.
Https://www.listcorp.com/asx/gre/greentech-metals-limited/news/becoming-a-substantial-holder-bennelong-2653756.html
Interesting to see that MJS signed the Bennelong GRE Form 603.
Wonder if they have an unofficial affiliate AGM to formulate a top down strategy in the pub.
Market makers walking this share down again, it seems relentless, when we look back in time I wonder where the actual bottom will be 🤔
What type of Rns is going to turn this around, the only one I can see is the Fid on han and between then and now I can see new lows,so as Cj said I will be patient while watching the new lows each day.
Always try to be positive at least we are all above ground 😄
I liked Bill Broodie Good, i think he left because he had better morals than what he was being asked to do by the puppet master.