Member Info for ebygum

Just speculating/playing Devil's advocate but why could the more efficient GLS not become the UK's delivery business at a considerably lower cost than RM without the bloated Indirect labour costs and mill stone of the CWU. RM being relegated to carrying out a reduced Universal Service?

Personal attacks always follow a loss of an argument.

Now that is very perceptive " Will land when you least expect it.....". I agree wholeheartedly with that as I don't expect it to land at all. The timing "when" is nonsense it is the "if" that will be most unexpected.

Maybe they were grossly over manned previously.

Nothing new in that. LSE have been doing it for all the time I've been on here, it happens every evening on at least three of the shares in my portfolio. I've given up pointing it out to them 'cos they don't correct it or even respond quite often.

DVH. Maybe you should listen to those you call doom-mongers, if you did you may see that some of them base their opinions on reality not on the latest promises from the same people that have failed to achieve anything tangible to move this company forward. If you were writing the annual reviews for the members of our BOD would you really say anything other than failed in all Key Indicators other than one - kept shareholder suckers dangling with promises of jam tomorrow while serving caviar in the board room.
I believe that this company could have a good future with the assets it reportedly owns it can only be the fault of the BOD that that future appears unlikely to be achieved based on their passed record of successes.

That is an awefull lot of maybes/pious hopes put forward as facts, all based on info. originating from the same palace of false hopes.

I believe that his main strength is the ability to sell rose tinted glasses the buyers of which pay him an undeserved bonus as a thank you.

If this ever gets to >1p I will set a new world record for the fastest rat up a drain.

Maybe the BOD is close to securing a deal with a major client who insists on secrecy.

I read that Jaguar have cancelled the electric XJ which was at a very advanced stage of developement. I have not seen a reason given for this. Jaguar only recently said that all their cars would be electric by 2025. Could it be just too much wishfull thinking that Goliath has influenced it?

Anyone in Ilika?

Lupidog. Your list of non assets is not complete. You forgot the New Zealand and Chinese coal which cost a few millions.

If you can see those backlogs(i.e. delays) then so should any half competent bods. JP will obviously have included time for this in his target dates. No?

I am trying to get it clear in my head what the plan actually is. Am I correct in thinking that :
1. The previous operator is being paid to tell us who much it will cost to open LD/L.
2.We intend to finance this unknown cost from cash flows from LC.
3. There is an increased likelihood that LC will be producing next year because the price of copper has gone up.
4.We do not have a PEPR for LC but we have had a nod and a wink that we could have one soon.
5. We do not have any finance to open LC.

Doesn't sound like a plan that has much of a chance of being achieved. Sounds more like another string-along while we(the BOD) extend the period over which we continue to milk the shareholders.

It is not bunkum and the increase in the price of copper would only be relevant if the BOD was believed to be competent to take advantage of thet increase. Unfortunately we have a BOD that has demonstrated that it is not able to do that. If the BOD cannot be believed then the price of copper is irrefutably irrelevant. If the co. assets were up for sale then the copper price may be relevent to the purchase price.

Troajan, do you know what the difference would be if as you say we measured Tungsten and Tin by their weight per ton for comparison purposes? Would it make any difference?

But not lemons again!

We cannot afford to do anything with Redmoor, not now and not in the short/medium term. If it is the outstanding asset that it is ramped to be then it should be easy to sell instead of sitting on it watching SML fall apart. That way we have more than enough cash to get LCCM in to profit and save the company. Or is it all just one big story with no substance? Sadly SML has joined the long list of firms going nowhere existing only to generate a lifestyle for the BOD which most of the mugs(PIs) can only dream of.

Fira: Have you "cut & paste" that post from the old Quindel board? It sounds awfully reminiscent.