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Some good points well made this morning.
I think we all have our thresholds of patience and it wouldn't hurt for RY to know that even some LTH's patience is being tested.
I hope that's the case Noloss. Anyway still some time between now and then. Minex forum is up next.
It'll be RNS'd when confirmed, so still not finalised yet. But I suspect that they'll be thinking about arrangements since RY has to come from the US and will likely schedule to coincide with other meetings.
The more the merrier. This is a pivotal point, where the priority moves away from the field to the board room.
As far as my recollection goes, we were expecting the DFS by the end of 2017. This got "downgraded" to a PFS following apparent recommendations from financial institutions.
We were also expecting PFS v.1 to be released in Q1 2018 and a further version to be released when appropriate as it was said to be a "living" document.
It was at last year's AGM that the DFS got pushed out to the end of 2019, right after the resolutions got passed.
I would hope that we do have positive news before this year's AGM. My voting will be influenced by it. And on that note, votes registered with your broker mean nothing if people don't attend the AGM. Quite often these resolutions are decided by a show of hands in the room, and only if that proves to be inconclusive do they then go to check registered votes.
I think CBS probably had it right with his low to non-existent expectations from the EEF. Why would we expect a deal without a PFS. Here's how I think the conversation went:
Delegates: we cannot invest without understanding the viability of your project. You must have a document that promotes this.
Randy (dialling in via Skype): totally understand. You want promotional material...let me introduce you to Robin. Take it away Robin.
Robin: we've got the right commodity in the right place at the right time.
Delegates: yeah, we're gonna need to see your PFS.
The fella on proactive did say significant announcements in 2-4 weeks. He said that 3 weeks ago by my reckoning.
Hopefully we get some good news.
Things are definitely heading in that direction.
Once these become affordable, there'll be increasing take up of these type of roofs.
https://www.tesla.com/en_GB/solarroof
Also, unless I've missed it, I've yet to see whether any synergies with IG copper may be available. Maybe it's a non-goer but that seemed to go quiet quickly after the news with IG came out.
Julia seems to be getting her (on the assumption that the poster is female) research from Ducatti.
Although on Saturday she stated his salary was £340k, so it seems to have reduced by £20k overnight. Give it a few more days and she'll be on the money.
You're getting emotional Ducatti, and that won't help with your investment strategy. And you also seem to be focussing on posters. That also won't help your investment strategy. I would respectfully suggest you focus efforts on your investments. I see you're in SOLG. Interestingly, I was also invested there a while ago. High copper prices, a mining friendly government, very good infrastructure, a CEO that has a good level of skin in the game, Newcrest and BHP falling over themselves to take a stake in the business, the former investing at over 40p. All points to a rising share price? Compare that with AMC and you will see there are many complexities that need to be managed. And that's where Robin Young needs to earn his salary of c. �215k (not the �320k that you've been quoting. A person of your intelligence will know where I got that information from). You seem to think that CEO salary and investment should correlate with shareholder value. In that case, your SOLG investment should doing very, very well. Unfortunately, that's not how it works though. The share price is just a snapshot of where the business is. Much better to look at the investment horizon and where the business is in the mine cycle.
"Why would any private investor buy shares in this ROTTEN company?" But you did, Ducatti. As did your sister. As I said, better to remain silent and be thought a fool than to speak out and remove all doubt.
Ducatti, my last post on this, and apologies to others for clogging up the board, but I felt compelled to shut down Ducatti's latest bout of nonsense. Interesting you now say you've read the article, as only a few hours before that message you said "according to some AMC was in at least two of yesterdays British newspapers". So not only have you not read it, but you make insinuations about something that you yourself don't even know exists! I'll leave you with a well-known quote that I think applies very much to you: "Better to remain silent and be thought a fool than to speak out and remove all doubt" Right, I've got to get to my day job. Good day to you.
If you were making a point, then I must have missed it. Have you read the article? If so, what did it say?
Ducatti, those two newspapers are owned by the same company. Keep up now.
No need to bet destitute, Robin Young received a salary of c. �230k and the other 3 NEDs received a combined c. �120k in fees. Compares reasonably favourably to other AIM companies I would suggest.