Member Info for addicknt

SH, and neither do I. I've never claimed to have inside knowledge, despite what the moron claims, and have only ever reported a couple of email exchanges with Fawzi and more recently Irwin.

I look forward to seeing how this year pans out.

As for you nal, you still haven't apologized for your most recent lie. But I'm not holding my breath, it's your modus operandi; lie, fail to provide evidence and refuse to respond. What a total jerk you are.

Ah, the arrogance of youth! SH makes one guess which comes true and suddenly he's the modern version of Nostradamus - at least in his own mind.

I hate to tell you this Bob, but you are no better informed than anyone else, and whilst your current guess may eventually prove to be accurate, you have no idea whether it will or won't, so it's probably wise not to stress your self-proclaimed sagacity too loudly.

Keep up the good work, it provides some light relief in these dark times.

DBW, he's taking a massive gamble and appears to have bet the house. At his age this suggests either a huge degree of confidence, or a huge degree of desperation.

He badly needs to get his hands on some liquidity, but this has been the case with DGR for some time. I wonder if this is at the root of his obvious change of mind about our future direction? One moment he was supporting DC with plans to take us to production, the next minute he wasn't.

Eloro, well, no, I didn't mis-read it, but you've now provided clarification. Thanks.

One other thing worth noting. Choice obviously believe the DGR holding here is worth something and, given this is DGR's most important asset, there would have been a lot of discussion around our situation and just how liquid their holding actually is (not very) Wouldn't we all love to know what he told them?

Mather is obviously confident Armour has some value and has devised an ingenious scheme to gain control of the company, but I'm glad I'm not a shareholder in DGR.

Under normal circumstances you'd think this is of no relevance to us, but he appears to have pledged our shares as security, which Choice Investments (owned by the Mass Group, a construction company) would end up owning in November if things go wrong. (Clearly, no agreement exists between us and DGR which prevents them using our shares in this way, although Mather's personal holding may have that restriction).

Mather has a lot at stake and is betting on being able to salvage Armour and simultaneously achieving value here. If his plan goes wrong and we're still an independent company, come November we'll have an added instability to our shareholder base.

Eloro; 'Hopefully, not long to go before we run out of money'. So you actively want people to lose their money, do you? If you're so intent on losing your money, why not sell now and save yourself more angst?

And IPA.

Texas, yes, it's quite possible he's been made an Insider, although I said it was merely a theory brought about by his recent change in communication style.

Would you care to point out any other 'nonsense' I've posted? Or are you simply another idiot like the AM?

Eloro, I have a theory about why he didn't directly refer to Solg and it ties in with my thinking about why, uncharacteristically, he didn't want to answer my question about the IPA. He knows what's happening and has been told to keep quiet.

Eloro, I assume you accept he made the comment in the 'opportunities' segment? So why would he express disgust when discussing opportunities? That would be nonsensical.

Oh dear! I wasn't going to respond to you, but because of its rank stupidity, your last post warrants it.

I said 'votes' not 'posters', and I'm right.

Care to apologise?

Hfm, where did you see/hear that comment? (your post at 18.56 yesterday)

'off' not 'of'!

Forrt, come of it! 99.98% of votes were in his favour. How is that anything other than a ringing endorsement of both him and his strategy?

Despite the fact the section of the interview in which the 1c remark was made was about opportunities in the sector, you took his comment as a negative?

Your interpretation seems pretty perverse to me.

Eloro, yes he wants out - as we all do - but his point about the 1c in the ground was a reference to the opportunity he believes this offers. The 'disgust' - if it exists at all- is with the market for failing to see the value. Personally, I didn't hear disgust in his tone, merely amazement.

I guess we all see what we want to.

Q, that's all very good stuff, but it doesn't address the issue you raised about the process of bidding.

Q, what do you think has been happening in the data room? I'm afraid on this issue you're barking up the wrong tree.

Eloro, I've not noticed that in my communication with him. In fact he remains bullish about the prospects and is supportive of SC. However, what people say publicly and think privately may not necessarily be the same thing.

As far as the politics are concerned, someone needs to get rid of Trudeau.