Member Info for Dan1605

The biggest giveaway Tamer are new posters popping up on a board/Twitter talking up a stock that they've never been seen in. In our case it will be blindingly obvious as there is absolutely zero interest in this stock right on Twitter.

A future raise would not indicate good results Talkingsense, why would it? Those that take a placing don't do it for results or the future of the company they take it to flip the stock for a quick profit, don't be fooled. Those people that have been screaming about a placing are the very same people who have been invested in this circus act for years and know exactly how this company operates and what to look for. Please don't stick your head in the sand.

I think you've nailed it Mental, I think that's probably been the case in the past although I would hope by now that AH is getting involved. The reality is we're a small fish sending in a handful of cores every now and then, it's difficult to expedite when you have no clout. AH needs to dangle the Fosterville carrot.

They have been like it for years and it's preventing companies from progressing. Something doesn't add up, a lab will acknowledge a rough idea of a lead time at the time of submission. Now, if they're late by a month then you would assume they allowing others to jump the queue. There's one thing I've found with working with some of the worst subby's in this country (very old school business acumen), they're honest.

You would assume working with labs in Oz the turnaround time would be quicker, I hope the BOD have considered sending these elsewhere.

That's a bit of a silly comment TalkingSense, some are so far underwater they have no choice but to remain invested. Some (like myself) have been listening to the same BS from this BOD for years in the hope that something finally pays off. I'm currently at B/E and have stuck it out purely for Bluemoon. I believe in AH, if anybody can turn this from an acorn to oaktree he can. The potential is there but lets not bury heads in the sand, at some point they will need to raise and it will be sooner than the 12 months stated earlier in the year but I'm hoping we're at 2p by then. One thing that i'm bitterly pi**ed off is how we're still letting the labs run rings around us, I've made my point about this in a previous post.

Spot on, you don't take the accountant to answer questions on a stand, questions she won't be able to answer. The probably have enough newsflow in the tank to fire this to 2p, however one RNS a month won't cut it. They will need to raise, we've just paid for a drill rig.

We're at the point of regurgitating the same of old guff. there's nothing more to add and every interview is starting to sound the same. They've got it badly wrong with this news flow, so wrong it makes you wonder if there was any chance of releasing news in November. I work with multiple sub-contractors on a daily basis, all offering services similar to the labs and when they give you a lead-time it's generally not far off. Regardless on how these labs operate and how busy they are, they will have standard lead-times and unless somebody is jumping the queue the lead-times shouldn't be far off. To promise multiple news releases and not deliver is poor and suggests it was a pure guess.

I've been thinking about that comment for a while and I got the impression it was Sarah Lowther who came up with it. Watching the video at the time and looking at AH expression it was as if he'd not said it. I don't recall hearing it since.

I'm not sure Tamer, we have nothing convincing as yet and futher workup will be likely required to convince a partner, unless Bluemoon comes in.

The wheels are certainly starting to turn and AH has been in the job less than a year. Without sounding like a stuck record the rest of the BOD are simply passengers. Now, we all appear to be a fan of Adam Jones but let's be honest, what have he/they actually discovered over the last 5 years. He appears to be positive about every hole drilled which generally turn out mediocre. This might sound blunt but we're out the turning point in the companies history and there is no room for passengers or complacency. We have to look back over the last 5 years and ask what have they achieved and who was responsible. AH needs support, the guy is a sucessful businessman but he needs support from other BOD members.

Anybody seen Mirasol?? I'm sure she's lurking, there's a bad smell.

I suppose they a bit of a balancing act between preserving cash and diluting shareholders. Any company that tells you they won't be placing for the foreseeable are lying, most do. I'm not happy but then again i'm not climbing the walls. We all know the 3m will be sold into the market as soon as they hit a profit but it is what it is, it's a lack of trust and not a disaster. However, I'm starting to see some signs of a lifestyle company forming, you have to ask what theses guys are doing as the only one who seems to be doing all the work is Adam Jones. Perhaps I'm being a bit unfair as we don't know what AH is doing but we can be fairly certain that Andrew Scott isn't doing a lot and Trevor Davenport is barely out of retirement so my guess who ain't doing a lot either. As for Tang, well we all know the score with that one. I hope i'm wrong but radical change is needed to this BOD, i'm not suggesting a clear-out but they ned to convince us they're all working to develop this company.

That was my post. Nothing wrong with a Kwik Save choc ice but when you've been promised a Cornetto....!

I agree Gino, it may be just me but I don't think it's been very clear that these are extensions. Investors expected these holes to mirror those from 2019, they took one look at the RNS and assumed the worst. I tweeted Alan on Friday, perhaps it was too late as the interview may have already been recorded but I really hoped he would address the expectation (holes mirroring 2019) and explain why they didn't.

That's the problem Gino, they don't have anything. Nearly every hole that's been drilled in Victoria has offered very little. I can't be the only one that's seeing a shift of focus towards Queensland, AH knows deep down that we're ****ing in the wind in Victoria. We have the mines and money conference next week, what's he going to talk about?

We've had 1 RNS so far, not exactly the action packed month we expected. Christmas has been mentioned for Lolworth results but I'm not sure if we due some before.

They have released the RNS because they have to release it, not because a director wants a cheap entry. I was expecting a lot more than this in all honesty, there was 13m flipped last week.

I believe so, it's due to the Philippines being "on the market" I believe, or at least that's what AS insinuated.

Diplomat - I'm sure if we're all aware, it was a light-hearted joke. For the record I am a big fan of AH, the way I see it my cash is invested in him because without him this company wouldn't have a chance.

haha, I wonder how many times Fosterville is mentioned!