Member Info for Andrew4444

The difference is, in the past the indication of good news just around the corner was not as significant as 2mt contained copper, tier 1 assest , 10p "and they can stick it" etc etc

Prior to that it was all possibly some good news but not on BR scale and he could replace those smaller failures with other hope of good news with another shiny thing coming soon.

He can't replace the 2mt cont copper etc with anything remotely as significant. So some good news on the African copper deposits wont wont replace the expectation of BR.

Has his BS just got out of control, even for him?

Its time for him to reveal his poker hand. Those 4 aces he implied he held, could be a pair of 2's !

"I’m not doubting the effect CB has had with his strategy, but there are other contributing factors"

Yes, there have to be other factors contributing to the fall but where I and I suspect others would disagree with you is the split of those other factors. I would say 95% to 5%, with CB responsible for the 95%. At a very generous take, I'd say only 90% responsible.

As for the use of the word "strategy" , you means CB's strategy of being overly optimistic, obfuscation, be deliberately deceptive, mislead and come out with utter BS in interviews :)

Amazing that that strategy hasnt worked :)

"Where does Colin go now"

He has to deliver. Only way he can do that is by results.

His BS interviews no longer work, well for most they don't.

"The world falling into a financial 5hit storm and Putins antics have been the biggest influence though."

If that is an attempt at explaining why the sp is at such a low level, than I dont agree. POC is not much different to a year or so ago and the sp was 7p just over a year ago and the war had been going for a few months.

By far and away the biggest factor for the sp fall is that reality is not matching CB's expectations. The 12 month decline started happening as the reality of the situation became known and replaced CB's expectations and forward guidance.

This "lets blame other factors" is straight out of CB's play book of deflection and obfuscation and moreover of not taking any responsibility.

Fulmar

You are coming over as an ex shareholder who wants to keep checking that you have made the right decision to sell and move on.

I suspect you are hoping what you are saying is correct as much as anything :)

You may well be proved right...for now !.

Your rather optimistic view could be correct HZ, but having been here many years I can say, with some certainty, CB does not hold back on promoting any form of good news and does not quickly advertise bad news.

With all the incoming CB is getting, and no doubt aware of, you would think it would be highly likely and sensible he threw a bit of Red meat to the shareholders, assuming he could.

"It’s hard to stomach that all assets have fallen short of early expectations "

This is imho is probably what has happened. Mainly because those early expectations by CB, were probably not realistic in time scale, results and output.

1.3mt CUEQ is a big find, but it will take a high POC to trigger interest and a buy. That will eventually happen - but it is what it is

WSJ recent vid

https://youtu.be/jP_t1lo0ZgA

What we all want to happen here, will eventually happen, but its going to take a lot longer than CB's timescales !

All that may well be true HZ, but CB said we would have some results to indicate the situation 2 months ago. No one is asking for the final definitive answer to exactly how it improves things, but by now from early indications CB must know more than before he started this initiative.

In short if the early indications had been promising, albeit still with a long way to go in this assessment, I'm sure CB would have given at least a hint that so far, early indications were promising.

Infact with CB's MO, I would think he would be shouting it from the roof tops !

I don't think its anything to worry about tbh

It looks like the mercenary army are in Africa at the request of the African leaders acting a a private security.

As for Moz......

"Similarly, Wagner Group forces deployed to Mozambique in 2019 to help fight the self-proclaimed Islamic State in the northern Cabo Delgado province. However, the group failed to contain the insurgency and withdrew from the area after a few months. "

Wagner group now left Moz and the Islamic state fighters are in the north east and nowhere near manica. This is nothing to worry about imho

https://www.cfr.org/in-brief/what-russias-wagner-group-doing-africa

"i feel its nothing to do with pre selection of ore or any other side show but purely the price of copper."

Agreed.

Tbh I doubt the ore sorting prog has worked as well as CB had hoped, as if it had i would have thought he'd tell us or at very least given a hint / indication that we have some good news coming.

Bushranger is just a play on future copper price IMHO.

As negative I have been on CB, and rightly so, I still think we will get a sale of bushranger as POC will, eventually, make it attractive to a major.

Just not sure if that will be in 1 year time, 2 years or even later !

Just a thought.....

If the German's had communicated using the "Dani code" during WW2, the Enigma machine would have no f@@king chance of ever breaking that code :)

Could be out next week but should be out in next 2 weeks latest.

Will we get some clarification on ACTUAL PROFIT from FB in next set of results? Hopefully.

If AGM is in next 2 months, CB had better get some great news out asap.

He's a bit like the PM, both hoping things can turn around in the short space of time they both have before they have to face the voters / shareholders

Dani

Your view that "Still haven't told me why Colin is gonna get battered." (at AGM)

supports my view that you

"haven't a clue what the situation is here."

AIMHO

"The fact you ask so many fundemental questions shows you are either too lazy to do your own research or haven't a clue what the situation is here."

Spot on.

I'm going for the latter of the two possibilities ! :)

Or 4 if you count "Queensland winner" :)

"I think it will have to rise another 10% before Colin will make an appearance"

.or FB income / profit is finally confirmed in a more transparent and detailed way.

Maybe then a quickly arranged AGM. He just needs 3 week notice

"Shareholders, I said I'd deliver on FB an I have !. See - you can trust what I say "

My God, Bird is going to be in for a rough time at the AGM.

His praetorian guard have virtually all gone (may be 2 are still holding the fort) but CB will not now be able to try his usual tactics of smoke and mirrors, and look over there not here. He has been found out.

I'm not surprised he's using delaying tactics hoping something, anything comes up and saves him or he can use as a shield

He's going to get battered !

Jez

forget chepica, what about Moz gold plant we took control of.

That $400K "loan" was apparently going to be worth 2 or 3 times that on our balance sheet if moz gold defaulted ?

the $400k was ALL from OUR money as no group profit was being made

Not too sure about fool me one shame on you, fool me twice shame on me

In mycase CB has been able to fool me 49 times..but NO ONE fools me 50 times....i'm not an idiot :)

The rainy season is not now.in manica

It is mainly from Mid dec to end of Feb. We do have excellent weather conditions now and until end nov for production purposes.

I'm hoping by end q3 we will be in full production (whatever that figure is)

"What's his salary here anyone know?"

Yes I do.

Too much :)