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Thanks Looed big things need to happen lets see
nothing would surprise me anymore
RIP Meatloaf
https://www.youtube.com/watch?v=LF_vyOc1uME
cheers Aurora
Glad that one was translated Looed. It will be good to hear officially from the company now that things are better with the gov I hope they dont plan to deal us out
That was 6 months ago how much longer if comms are so good with the gov does it take to speak to your shareholders
Looed I agree wholeheartedly with Monti that there is no questioning of your integrity. You are in the enviable position where you have managed to create a link of communication with the company. Looking at the amount of tick ups of Moles post i saw no reason not to share it with the company as a reminder of the strength of feeling. We are all owners of this company We should be told whats going on. Many companys have legal issues or operate in difficulty geo political regions and still manage to update their owners/shareholders or at least officially acknowledge our existence . That was my only point.
Hi Aurora decided to avoid comment on FRR blow by blow accounts of court cases (did that in 2016/17) as I am beyond disgusted with the way shareholders continue to be treated by ALL and I mean ALL the board of directors. There is not alot that can be said really while it's going on. It is to date an unmitigated disaster and huge failure of corporate governance within the company.
I fundamentally disagree with the boards continued policy of 3 years of secrecy and non communication of any sort to the body corporate and 4 years since a formal AGM. It is indefensible. Fascinating and at times amusing as it is to watch the pantomime being played out I find it less amusing looking at the large hole it's left in my finances.
Instead I concentrate energy on recovering the losses elsewhere and other more important things in life. I'm acutely aware that is not an option to some FRR shareholders.
In view of the delist (and the lockdowns of last 2 years) malt drinking is not what it was but have just cracked a bottle of the ardbeg wee beastie to give it a go.
I feel the pain of all the FRR investors deeply. There are some really decent people here many I've got to know over the past decade. I'm not so sure any of the people in FRR either understand or care about the damage they have caused. If they did they would have had the courtesy to address us. The continued failure to do that speaks loudly to me. The odds are against us irrespective of the outcomes the company and its board and creditors may yet engineer for themselves but the casino wheel is still spinning here so there is a slim chance of a result. Very slim I'm afraid.
Exactly
When will we get official news its ridiculous now. Moles post the other day needs to be sent to the contact you have. Looed we have all really appreciated what you have done and we also all hope its genuine. However enough is enough we need to hear something officially from the company I wrote back after getting the e-mail when we proved our holding and was ignored.
Hi Mole, Well that was well constructed and bang on the money. Im Glad to hear your still about and fighting back. I have to agree with everything you have said and 45 recommendations on a BB on a delisted share says it all about the strength of feeling. I think Looed this should be sent to the contact you have although I doubt they will give a toss.
Thanks Mole
Hoping your still well buddy and enjoying our single malts I remembered you enjoyed the whisky.
cheers Aurora
Ill second that caz perhaps just perhaps 2022 will be our year Merry christmas
Looking at the latest few days from a logical perspective Ive come up with (in my opinion) a few things that I think may well play out in the next few weeks/months.
Starting with the massive debate of the 5%
Lets start with the most conservative low ball crazy price that we should move up to in short order and
I think that's whats happening and is giving some pain to a certain group of ladder monkeys.
Great that Hydrogen has ousted them and powered on through a lot of flack but I think he will bat them all of.
So that low ball is the ultra conservative broker price what was it about 25p.
next milestone is either our next results or an MRE probably the results.
Now these stellar results typically hardly move things even although we have months and months of stellar results and 1 of these rns
announcements would be ground breaking for an explorer but we deliver one every six weeks just think about that for a minute.
So this time around it might have a tad more of an impact.
Next is MRE now lets just say they add 50% maybe more (we all know it eventually will be 500-1000%++ more)
25p + 12.5p so now in conservative broker note world we are at 37.5p (remember that price)
Now lets compare the data the brokers and we have to what the company has so Id imagine they have 6+ months more data so we need to add
something for that probably takes us to aprox 50p
At this point the JV partners will be coming up with there 5% value
now we need to add something for the growth thats expected with 90km drilling so thats probably another 15p
so we are at 65p now and thats without another half hav near by on the block its without some more targeted 100% owned landing a greatresult
so if they find nothing else which it looks like they have due to rigs so far away from Hav still working away
take the 65 add on 50% premium (on a buy out) and your at 97.5p and thats no extra finds doesnt take into consideration all our other tenements.
Thats my take love it or hate it but I think that is a conservative look at our value
https://twitter.com/GreatlandGold/status/1471609582732689411
Lets all hope the thief gets his shares taken out of circulation. I cant even remember how many shares there are .
Nice one Looed cheers
Cheers Looed