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It would seem that for new investors Scirocco is in a good position. Just a shame it has wasted many millions of LTH money in order to get into that position.
The last email PC sent me said quite clearly that he was not concerned about LTH and was looking for new investors. He has failed to find new investors and has alienated LTH. Is there anything he can get right?
Turns my guts when PC says that everything is fine and I must be one of a very few that feel concerned. Fantastic product, great demand but just needs someone to sort it all out before we go bust. Like Sheldrake I will eat humble pie if PC comes up trumps but for that to happen this has now got to quadruple at least. Is that going to happen?
Just get them all to put in a secret bid and accept the best. Just like selling a house when there are several potential buyers. You will soon find out who is really interested. This has certainly gone on for far too long.
You would have thought that if the product is as important as PC makes out he would easily be able to get a govt grant to pay for the mining and help save the world. Just what is that man doing.
Wow, was everyone at Eton a complete nob?
Just hope that PC is putting as much effort into getting a deal as you guys are at knocking each other's egos. We all know what we have got, but we also know that PC has failed in the past to negotiate anything beneficial for shareholders. All he needs to do is to make this deal then he can retire a happy man and so will us shareholders.
It even looks like the BOD might have manipulated the SP down so they could do this, knowing that if they sign a deal now, they will all make a very tasty profit. Wonder if that is legal? If a deal is now signed within a month their integrity will surely be brought into question as it would appear they are certainly looking after themselves and not the shareholders.
I can only presume that you are not a lth. Anyway enough time wasted on this dog of a share.
Wouldn't mind giving them a bloody nose. Will just have to sell what few shares I have left and move on.
Unfortunately I would now prefer to see this company completely go down the pan rather than let these weasels continue to waste the money of more shareholders.
Well that one day of blue was wiped out and more pretty quickly. Have held here patiently for over 10 years now and am beginning to hate it. Just wish I knew what was going on. Please PC give me something to look forward to apart from emphasising how important our product is to the world.
As PC seems to have stopped answering my emails as he no longer can justify his actions or inaction, does anyone know the names of the companies that are 'interested' in the CS project. We might get more info from them. PC communication is a total shambles. Is he allowed to say what companies have shown interest? I suppose not.
The only problem I have CM is that time costs money, of which we little, hence the placement. Every placement is very damaging and we must make a deal before yet another placement. This reminds me of a company called Scirocco who have 25% ownership of a massive gas field but have wasted all their reserves. They have now had to sell their 25% for a fraction of what it is worth. I just hope PC knows what he is doing as he has a poor track record. Fingers crossed.
Just wondering how those whose invested in the last placement at .28p are feeling now. I have contacted PC and told him that investors are feeling rather anxious with the delay in getting a deal and several are vetting their frustration on these boards. He just completely disagreed with me. Does he actually know what is going on or are these placements just to pay his wages for another year. I was hoping for a deal to be signed to make me a lot of money but now I just want a deal to be signed to get my money back.
Was looking forward to my 'special dividend' but all I ended up with was less shares and a bit of cash which if reinvested would result in being worse off than before the consolidation. Feel badly let down. Dividends from here on must be very high to make up for the disappointment.