Member Info for addicknt

Fort, couldn't agree more, the past is the past and I suspect we can both agree that things are moving in the right direction. Ultimately, you and I want the same thing and it's my belief SC is taking us towards that goal.

Fort, to answer your question about options, if he delivers what we want then I won't begrudge them at all.

So tell me, do you not see how things are evolving and the direction we're travelling in? To repeat, if you'd had your way I reckon we'd have been finished by now. The government would have realised we were a joke company and wouldn't have othered with us. So sorry, I think you're barking up the wrong tree.

Eloro, life would be so much easier if CEOs could control the share price of their companies, but they can't.

SC inherited a godawful mess and has spent the past year sorting things out, evolving a plan and then starting to deliver it. If you'd had your way, we'd probably still be without a CEO and the game would be over.

You were wrong and events are confirming the fact.

JWB, only a week os so ago you were on here trashing the share and telling us we're all idiots. Now you pop up ramping some other share on this and multiple other boards. Do you mind if I ignore you?

Schlem, it removes one of the hurdles and should provide more confidence for interested parties.

'84, absolutely right. All of the catalysts are gradually being put in place and are designed to allow us to describe the project to interested parties as being 'turnkey'. That's the aim, and SC is making good progress.

Eloro, surely you can now see you were wrong about Caldwell?

Fort, as much as it may grieve you, it's not just Nobby who deserves the plaudits, Caldwell has done an excellent job as well. Just think where we'd be now if you'd got your way and SC had been kicked out at the agm. It doesn't bear thinking about. Luckily the holders of 2bn shares understood what the board is trying to achieve.

Q, wherever we sit on the production argument, this is great news and will hopefully lead to far more market confidence.

I'm thinking of becoming a citizen of Ecuador so that I can vote for Nobby at the next election. Seems my prediction on Friday was spot-on.

DBW, I suppose we mustn't crow - oh, hang on - why not?

Just the minor issue of us having to find $3.2bn over the coming years.

Bingo! It is the IPA.

David, following the merger with Cornerstone the whole landscape changed. The company is no longer in the control of NM and a significantly different approach has been adopted. In fact, the company can no longer be regarded as being Australian and the axis of power has shifted firmly to the Canadians who came on board with a clear ambition to create shareholder value.

The new team have stated they do not regard us as being producers and have been gradually putting in place the many building blocks to make us appear to be a viable and compelling investment story.

Following the PDAC meeting over the past few days, it looks like we are on the cusp of a significant announcement which will hopefully move us further along the path to a monetizing event for shareholders.

Pbow, thanks for the link.

The details are going to be very interesting. Does this imply a new IPA, or will it relate to more specific investment plans? The article yesterday said that there will be no expenditure implications for the government, so one has to assume that in return for this commitment we will be given various assurances on licences and protections.

At long last it looks as if real progress has been made. Fingers crossed, chaps.

Careful, NMM. He'll mark you down as a deramper for that post and you'll be on his bin list before you know it.

The news article refers to the fact that the 4.2bn will not involve any government expenditure. So what do the six parties get in return for their cash? All outstanding licences? IPA? What else?

Is this really the green light, or is it simply another step in the approval process which will require more bureaucracy?

The recent flurry of of news items and our recent announcements seems to have led to a growing degree of enthusiasm...at least it has with me.

Are we on the brink of some substantial news? Or is this wishful thinking on my part?

NMM, yes, I recall reading that somewhere as well. It may well explain the delay.

I made a tongue-in-cheek observation on Friday about Caldwell attending PDAC so that we could sign the IPA with Nobby. Perhaps I wasn't too far from the truth. Mind you, where's the announcement?

Are we one of the parties involved?