Member Info for Dan1605

"There is still considerable doubt that the deal may not take place"

The smell of a burning dragon....

It took 15 minutes to put my top up through.

"What is rotten about it?"

Showing your inexperience there Gary. Anybody who has been around longer than the last 5 years will all tell you that these are the worst conditions seen for decades.

The issue here isn't the asset, its their ability to deliver and the constant flip flopping around.

We're going to develop Creswick, we're not going to build a mine at Creswick.

We're not going to raise cash, we've raised cash.

We're closing in on a deal on the tax losses, deal is off, we think we might keep them.

Until they can prove that they can deliver and drop the nods and winks the market will continue to punish the company

What a sorry state of affairs. Put this dog out of its misery, either delist it or exercise the stake in the Ardgowan. We're at the point where the AIM listing isn't worth the cost.

The last placing should have cleared some time ago, the price action today suggests they're about to drop another.

The price of antimony means nothing unless they can demonstrate that it's commercial and they have a roadmap to development. Sentiment is at rock bottom because they have demonstrated that they don't have a plan, instead they're flip flopping around "keeping their options open" and putting out daily tweets about the price of antimony.

Ask you yourself what do we have now that we didn't have back in September 2023 apart from more shares in issue. The AIM market is on life support and there is no place for BS.

I take it you don't know his background? He used to be a very naughty boy, reformed now though.

I'm disappointed the PW has again allowed retail back in at the current price. Milton came knocking and he allowed them in. With current progress and profitability the raise should have been at least 0.028. There's a lot of ground to make up now, let's hope he keeps his intentions.

That's another question...where are the sells coming from?

"So realistically what has changed from a week ago"

Any trust that was left in this board has gone and that's a big deal.

".being trying to drive the price down and is now loading up?"

The price is diving because punters can see what this has become, a car crash. MW/NT are running around like headless chickens with absolutely no plan, first helium and now this. How long will it be before MW resigns so he can start pumping it as an investor?

The scatter gun approach, if you can't hit a target throw multiple shots and hope for the best. This just keeps getting worse and worse. What happened to the Helium, or dare I not mention that?

He's not posting drivel. It's no secret that Coco doesn't see eye to eye with MW, we know who is his but he is correct.

"They will now take some time to review the best way forward" Any board worth their salt would have had a plan B worked out before implementing plan A, if there ever was a plan A. Ask yourself why nobody was shouting on Twitter pre RNS, in fact if you want help piecing the jigsaw together look back over the last 12 months at the tweets by certain members.

It's not what you would expect, there have been no accounts released since 2022 so presumably the company is dormant. The same family own PIRELLA holdings, another company with absolutely no activity.

I hit the same brick wall Bottmzup. The fact that they were only established in 2022 suggests that they're surely not making enough profit to warrant tax losses unless they were to be used within a subsidiary. They were only ever interested in the Antimony.

"I agree, if Octo were getting too greedy then fk 'em."

Baillieston was always part of the package, my guess ECR wanted in on the asset probably via JV and Octo said no. Lets not forget that ECR moved the goalposts back in Jan hence they waived the 50k.

The silver lining is that the placing gang haven't made a penny.

"Octo's preference was for MGA's operations to comprise Bailieston. However, in the intervening period and as described further below, ECR's Board has reassessed Bailieston's potential value in light of the ongoing price strength in the antimony market"

Explains MW's cryptic tweets over the last few months, if this detail was known weeks ago (which is was) then why wasn't it announced to the market.

They need to do the honourable thing now and resign.