RE: Investor event6 Mar 2019 18:15
Not faith more like no other option. Why we talk about turning a profit I am wondering is anyone can point me in the direction or investment GR has made that has actually returned a profit and not cost US the shareholders money.
Correct me if I am wrong but nothing to date has returned any profit, everything directed by Mr Roach to this day has cost the PI of this share considerably.
TCT - Now only the Catapu Limestone Project - GR now ownes the Lodge and reserve / forestry division(only thing to make a profit, for GR not the shareholders)
CASA - Sat at a loss
Circum - Invested another £5.2 million crashed the SP and he cannt tell us when anything will happen
RHA - £20m + spend, workers sent home looking for government to invest to get into production (might not make a profit)
Zulu - still requires tens of thousands of meter drilling to get to DFS (this is where the £5.2m Circum money should have went)
We still have the
Katete REE Project - REEs
Tinde Project - Fluorspar
Lubimbi Project - Xenotime
Pagala project - Zinc
Haito Project - Nickel
Kara-Niamtougou Project - Uranium
Dapaong Project - GOLD
Benin Speciality Minerals - Tantalum-bearing pegmatites, gem quality tourmaline and aqua marine potential, exploration projects.
Why would buying another GOLD asset when the man has had £20m + for RHA and cannt turn a profit now when we are on the bones of our ar5e and more than our current MC stuck in Circum would you ever think GR can make anything but a hash out of Honey Badger?
Faith will come when the sentiment returns, sentiment will return when the BOD and CEO GR deliver on their promises and actually do something positive for their salaries which will have a positive effect on the SP read over every RNS every one promises production, start up, stock piling etc etc At the minute which ever way you look at this share is an absolute shambles bull5h!t story and nothing has materialized from his empty promises.