RE: OMG18 Mar 2022 06:28
With all respect GIT 99% of Troajans posts are irrelevant out of date reports, videos and RNS, nothing current or predictive. If you block or ignore the opposing viewpoint then you are failing to enter into debate. I’m probably one of those blocked by you, I don’t know and I don’t care tbh. But, I am a LTH, have been in this for years. I’ve seen my investment almost double (many years ago, and how I wish I’d sold then!!!) to its current level of an 88% loss. I trusted Masterman, I knew his track record and invested in him more so than the mine. But, I like many other LTHs feel shortchanged but his consistency in breaking assurances and promises of delivery of the project to predicted levels. There is good justification for criticism of Masterman and his management team. I’m sure you don’t agree but failures in delivery of steel, failure to spec the right kit to deal with the ore, failure to foresee flooding issues and I’m sure other issues we perhaps don’t know of have all conspired to stall and potentially still endanger the very future of the mine. There is good evidence for criticism of Masterman and whilst the rose tinted brigade who think Masterman is perfect continue to block and ignore the opposing viewpoint there is validity and a basis of truth in that opposing viewpoint that needs to be said for the benefit of potential new investors who may be mislead by the constant positive ramping. This mine is not yet a busted flush but I think it may be close. There is a possibility that Masterman might be able to bring this back from the brink but we are yet again right on the brink and have only really survived thanks to a chunk of investment from a customer. How embarrassing is that!!
We are closing in fast on the end of Q1. Masterman needs to get the numbers out very early in April, any of his usual delaying tactics will be badly received by the mm’s who like me don’t believe a single word that comes out of his mouth any longer. We need good numbers without which Q2 might be our last.
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