Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I wish I could believe the drill is fixed ?
I wish I could believe we will spud early January?
I wish I could believe there is commercial helium there ?
I wish I could believe what the BOD tell me ?
The problem for me is that I believe the answer to all these questions is a big fat NO .
GLA
GG
I’ll tell you a story about the work colleague who introduced me to this He1 project on the lead up to Tai 1 .He invested all of his savings including a £20k gift from his mother ( was supposed to be for a house deposit) making all in all around £25k invested . He was so convinced that it would be a winner he took out loans & credit card loans for another £60k and invested it all in He1 before Tai 1 . Before results he was sitting on around £115k - a nice profit - but wanted more . He quit his job & returned back home to Latvia believing he was going to live like a king . Then Tai1 was a duster ! He sold up for 8p in a right mess - made some more bad decisions & lost the lot . He now lives in a small bed sit in this country swamped with this massive debt that has got to be repaid!
Don’t borrow money to invest !
Dai
We have both been in this long enough to have seen the alarm bells in hindsight. That Friday no rig RNS was unforgivable & the largest red flag followed shortly after by the departure of Ian Stalker .
Despite my unhappiness with the board I still 100% believed Tai would be a success as I think LB did - I think that’s why they threw everything - no expense spared - at it & appeared to have no plan B .
GLA
GG
Good luck to you - very brave
My £36k investment is now worth £700 & I refuse to chuck any more money at it ! Been in since before Tai -1 - have averaged down many times . I have worked out that if I throw another £36k at it I would have an average of 0.5p ! lol
Always thought Tai would be successful- my fault for not accepting a paper loss & being emotionally involved in the project .
I don’t believe in this BOD any more 🤡 & I think the drill will break down again so I can’t see this rising much at all . Don’t forget they still have another placing up their sleeves from the AGM resolution passed which I believe they will use post drill results .
I have written my investment off in my head - a very painful lesson learnt which I will find it very difficult to recover from . Lost my father a couple of months ago - this is only money - I know which is more important!
GLA
Lol - so many wide eyed virgins on here today full of hope . It won’t be long before they turn bitter & twisted like the LTH’s on here swimming in debt ! This BOD is quite special - suck you in then spit you out like dirt !
GLA
Stockraiser
The 4000 views were of people gobsmacked with what is going on here . Have you read the replies ? I doubt it very much ! Lots of people rightly venting their frustration at the bunch of twats running this 💩show .
Noble said they should get their sample results back mid December so we should hear this week .
I just do not believe anything they say anymore & have felt like that for quite some time now . At least DM was believable- this lot are a shambles .
Dai
I know you have took a hit here & continue to do so atm . Unlike me , you have realised that being a LTH has no value & always ends badly - good luck to you with your trading.
Over the last couple of years I have always valued your posts on here - has kept me going through some dark days .
My refusal to take a paper loss & re enter at a lower price is my own fault .
I would be interested to know if you still believe that commercial helium is down there or are you purely trading this for profit now ?
Are you still emotionally attached?