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Maybe if sold the unexpected revenue could be passed on to us as a pre production divi as a thank you for our patience and backing.
I know there's no chance.
But if you don't ask you don't get.
Myo
I hope we can flog it. As someone who is self employed the three letters which bring me out in a cold sweat and cause me to have to sit down are FOC. Let's hope we don't have to use them.
When it was announced some weeks ago that our spoil was in demand I tried to find out how much it would go for per tonne but all avenues drew a blank.
It would be interesting to know the going rate.
On the go!
What will they think of next!
All this technology. All this dissemination of information.
And yet some still operate in blissful ignorance eh?
Now how do you log off this bloody Commodore 64?
Feck me he's still here that KOH!
I thought he'd gone?
Or has he gone and quickly come back?
What happened to fun Sunday?
And he says Fraser breaks his promises.
Sorry not promises. I meant aims.
No no not aims. I meant intentions.
No no no. Not intentions. I meant plans.
That's it. Plans.
Plans to go.
KOH
I thought you were going!
You say you've invested on your research. That research has clearly interpreted aims, plans and intentions as firm promises otherwise you wouldn't be putting the argument forward that you are from the point of view of an investor.
KOH
Do come back though won't you.
Someone has to attack this deliberate disinformation that Scotman and I are spouting to spread confusion on this board.
Jeez!
You couldn't make it up.
KOH
But you have based your investment here on that notion.
That's not my interpretion of what you said.
The fact that you are still willingly invested here having cited such 'promises' tells that.
KOH
I don't know what's more scary: your last post or the fact you got six ticks for it straight away!
KOH
Are you seriously saying that the words aim, plan and intend are akin to a promise?
Seriously?
And you've based your investment here on that notion?
Now come on Myo!
I thought you'd promised us parts of the SBR were on that barge!
Let down again.
KOH
No promises were made. I think you need a reality check. No point repeating what Scotman and Maximus et al perfectly said.
I have had to laugh at you telling me I'm shaking with fear at the moment.
Lmfao!
I've shook that much with fear the past fortnight I've increased my holding by 10%.
RUSirius
No I don't expect shareholders to not question further fundraising should it happen. That's not what I said. It's vitally important shareholders question everything. If that's what you think I did say it shows how you misread and misinterpret the written word.
So you still blame Fraser for the DFS shortfall?
You keep banging on about the J-Curve, but whilst the fallback in the share price is uncomfortable, most of us see the promised J-Curve in it's proper context. Namely, that it unfolds over the life of the whole build.
There are some, if not many in society now, who blame everything that goes wrong in their life on someone else. It's always someone else's fault. Always someone else to blame. Never do they question their own actions to see whether the fault or mistake lies within and if their hopes and expectations were unrealistic. This attitude combined with an impatient demand to have everything now is what drives some investors criticism of Fraser in my opinion.
To me there was no greater proof of this than KOH reaction to the delay in the bond issuance.
KOH
I think you've said it all there : 'intended'.
Some of us knew what that meant.
Not being funny but I think those who expected no dilution need to question what the likelihood was of their own expectations.
RUSirius
So in effect what you are saying is that when the chief finance guy received the expensive DFS report he should have realised the shortfall in the MTS cost allowance later picked up by the contractor through their vast civil engineering experience?
RUSirius
So in effect what you are saying is that when the chief finance guy received the expensive DFS report he should have realised the shortfall in the MTS cost allowance later picked up by the contractor through their vast civil engineering experience?
KOH
I'm curious as to why you think Fraser refused to raise monies so far from all debt and instead chose to dilute us to where we are now?
Also, why you think he chose the alternative investing proposal in April instead of sticking with the government backed guarantee (albeit somewhat reduced) which would have apparently taken longer to secure?
Eustus
Thank you.
Eustus
No offence but if I choose to reply to Wolverstone I shall do.
I don't filter anyone. I'm of the opinion that not answering posters gives them more oxygen than replying to them.
Regards.
Woolverstone
I certainly don't know the inner workings of the bond market. How many of us here do? A very very small percentage it seems. And of those that do know how many of those would agree or disagree with our timing to sell them when we attempted to last week ( even without world events thrown into the mix ).
Whether one believes Fraser engineered a train of events to line the pockets of his chums is something for each of us to decide based on our opinion of Fraser's integrity (or lack if it ) through our interpretation of the job he's done to bring us to where we are now.
Regardless of his misjudgment, manipulation or lack of control over events ( delete as personally appropriate ) the lining of pockets (if the share price goes on to reflect that ) hasn't been solely directed at the II. True long term holders undoubtedly kept their calm the past few weeks and, whilst some in their state of self imposed angst shouted their panic for all to hear, calmly cemented their belief with yet more investment.
Sirius have blown the stock exchange fuse you say John2015.
Where's that Chesh when you need him?
He's probably tucking into his bacon sarnie with the other trades while everyone else burns.
Come on sparky. Pull that finger out.