Member Info for addicknt

CD, as far as your comment about the company is concerned, I agree. I continue to be mystified by the various statements which are made and are subsequently proven to be nonsense. As far as Porvenir is concerned, I, along with a few others, asked the question how an MRE could be produced with one set of pretty poor results. It seemed KM was all at sea on this one.
As for Q, sorry, but as long as he posts his drivel I'll kick back. As you say, people are entitled to post what they want, and that applies to me as well. The difference is I haven't made promises to stay away.

p.s whatever happened to the promise he made twice not to post again until the PFS. Do us a favour and stick to your word.

Here he goes again. He must be the only bloke in the Universe who seems incapable of understanding what happened at the AGM, what happened subsequently and what the longer term implications have been for the company.

BNC, agreed. Today's ride by Pogacar was one of the all time grrats. In recent years, only Froomes Giro performance came anywhere close.
As for Cav, absolutely over the moon for him...as was the entire peleton.

I can't see them selling their stake here and suspect they're more likely to sell one of their other holdings. On the off chance they did it would spell the end of any significant influence that Mather still retains and would mean it's open season on our company. And if BHP bought the holding and added CGP, it would be game over.
However, I maintain my view BHP will not make a move until we've seen the PFS.

Wouldn't it be amusing if they sold their solg shares? Maybe CGP should buy them.

Just out of interest sean, how do expect a junior explorer to advance its projects without dilution? Fresh air?

Sorry, my post appears to have sown some confusion, mainly because I'm confused. (it doesn't help having to read a detailed RNS on a knackered mobile!)
From what I could see some of the unapproved issues happened last year...is that the general understanding? If so, I guess they were done in error.
Whatever the circumstances, it's a highly unusual situation for a company to find itself in.
Regardless of this strange event, I'm crossing all digits for some great grades.

It appears the company has totally fecked up the various share allocations etc. They've issued them without the relevant authority from shareholders.
This is a very basic error and our advisors should have prevented it from happening. But, the fact is it's already happened and unwinding it would be impractical and undesireable...ergo vote to approve. I'm sure they won't make such a rookie error next time.

I'm not sure why anyone thinks doing a deal with CGP on anything like the previous terms is a good idea.
It was a terrible deal for us and was a very lucky escape. And as they rejected it, they are hardly likely to accept a less generous offer.

ssmith, to realise value we don't need the whole company to be sold.

The last significant RNS, and the most important we've seen, comitted the company to explore all strategic options in order to maximise shareholder value.
One can only assume they are being good to their word and are now in a process of delivering on that promise. Failure to do so will lead to yet more shareholder unrest and who knows where that would lead.
The status quo was torn up in that announcement and we must believe KM is now on a path to realising some real shareholder value. In my book, he's got six months to do so.

Don't fret - provided the samples produce good grades the ravenous hordes will descend.

A great start to the drilling campaign. Looking very good indeed.

Anyone who thinks Johnson is right wing has a very poor understanding of politics. In much the same way as anyone thinking the Liberals are liberal.

Bozi, I'm sorry you felt I was being patronizing, I wasn't, I was merely stating the truth.
You say the company hasn't changed its tune, and in part that's true. The RNS also stated it would continue looking for finance; so in that respect it's been consistent. But surely you recognize the significance of the other part? It's a sra change.
Quady's comments are, yet again, beneath contempt.

Bozi, I'm assuming you are not a novice investor? That being the case you ought to have understood by now that when a company includes the phrase strategic options it has a very clear and accepted meaning. It's included in order to convey a message; I ought to know, I've written it enough times.
The other thing you should bear in mind is the context of this RNS; if you care to think about it in an objective way, you'll understand the meaning. As it stands, your judgement is being clouded by your own preference.

Dart, that simply isn't the case. Annoncements of this sort are as rare as hens teeth. In fact, I can't recall having seen one like it, let alone two.
It wasn't conjured out of thin air and was quite obviously the result of detailed and lenghty conversations and negotiations. The inclusion of the wording 'strategic options' is the first time the company has ever made reference to such a possibility and it's inclusion was deluberate and is of huge significance...as we will discover in due course.
This was most definitely not a routine announcement.

Bozi, it was a million miles from being 'inconsequential'. I fact it represented the biggest change on strategy we've seen and I'm surprised you can't see this.

I wonder what it was about the latest RNS which Quady failed to understand?
It was written in plain English and the meaning was crystal clear. So why is the bloke incapable of grasping the facts?