Member Info for bigsocietymyarse

Why do you think that is?

On the way. Why no buys from the BOD? No buys must mean either big news due or that the BOD also have no confidence in their company.

Wonder why there’s been no buys by the BOD at these levels.

And if you want the SP to improve, CM, try Publicly highlighting the BOD’s abject failures yourself. Seeing as they don’t respond to emails anymore, it’s your only chance of holding them to account in some small way. I can’t believe you’re watching the money that you can’t afford to lose disappear down the toilet and blaming the people who are pointing out the company’s failures for it, instead of blaming the company.

Production in 2023? And this in a puff piece? What a disaster.

Me berating the board for not answering reasonable questions is the cause of a catastrophic fall in SP? My comments will inform the DD of potential investors? Haven’t you thought that it might not be the presence of questions that knocks confidence, but that the absence of answers might? Strewth, CM, I’m doing you a favour here - don’t have a pop at me for exposing the silent failure of the BOD.

What was that about wondering where the ceiling is? This has been an absolutely catastrophic month, reaching lows never seen before without a whisper from the BOD of anything meaningful to come. This is becoming / has become a horror story.

I think there’ll be dilution at this level, depressing the SP even more. Wondering how long it’ll be before the Oman review is finished. Most people have factored that in at 0.0p but a few quid from selling that off (which will inevitably be at far below actual value) might keep the wolves from the door a bit longer. The reason most LTH’s bought in is going to disappear without trace, methinks.

What’s people’s thoughts on the potential floor here? Sub 1p?

I think we’ve all been had, MrB.

I think Muldoon’s departure basically counts as the crossing of a notifiable threshold, as I predicted yesterday. Regular contributor of sensible comments, which reflected his substantial holding. A holding that’s been whittled down by repeated dilutions needed because of a continuous failure to meet any meaningful targets here.

I wonder what happened to Trisse and Iceberg...? Probably gone the same way.

Very noble exit by Muldoon. Gutted that he’s cut & run with a loss. His forecast of 1p is really worrying because he’s a smart guy.

I’ll probably allow myself to mugged off by Archer for a bit longer before I accept the inevitable. Not happy about being taken for a fool by a bunch of slippery snake oil salesmen.

CM: optimism is no substitute for evidence.

Night all.

Sayono mining - down 90% in 2 years
BCN mining - down 65% in 2 years
Lithium Int - down 50% in 2 years
AVZ - Down 60% in 2 years

Things in common - overpromised, underdelivered. Sounds familiar.

“This kind of interest has a habit of trickling down to the juniors including those about to publish feasibility studies!”

Any examples of juniors who have benefitted in similar circumstances, or of Li juniors about publish feasibility studies...? You’re surely not trying spread confidence-flavoured Jam rather than concentrating on the evidence, CM?

Half my posts about missed deadlines were removed as well. I get bored going back through old RNS’s and seeing how many undelivered promises have been made. Pretty much every forecast for something meaningful to happen has been missed. Good at getting drilling done and resource estimates churned out at speed but every single forecast about production dates has been missed by years for every project.

Sep 2018 RNS: “we are on track to become a low-cost producer of quality spodumene lithium concentrate by early-2020”

Does anyone even expect a decision about whether to produce to be made this year?

Mozambique HMS all over again.

Omani copper all over again.

A failing BOD, failing projects, failing business.

The Portugal DFS was due “early 2019”. Currently scheduled for Q2 2020. That was announced before the delay to the EIA, so it must be assumed that an even longer delay can be expected now.

According to Quietmode3, the company advised him last week that, “We are working on a number of aspects including on ground and harbour studies that will feed into the pre-feasibility study”

According to Sep 2018 RNS, “work continues on several fronts in the lead up to the anticipated grant of mining leases, with the scoping phase of the Pre-Feasibility Study ('PFS') now well advanced and the initial key studies underway. These studies include hydrology studies, port options and the collection of a 10 tonne bulk sample... The results from this test work and the PFS will guide us in the infrastructure, power, mine planning and process plant requirements, allowing us to progress to the next stage of commercialisation”

Why are so many targets missed, in some cases by YEARS?

This time next year we’ll all be millionaires.

If previous reports had been true we’d all have been sitting in soiled underwear fro several years now. Jam tomorrow.

Today 14:29
“ lots of exciting announcements on investment to come in 2020” said DA in early February. So, another’jam tomorrow’ announcement. I remember a few years back when the SP hovered around 4-5p how we were told there’d there’d be “transformative” news during the year.