Member Info for grappa

On the bright side we have money (not a lot) to find another Toral. Hopefully that one won't be a flash black Friday sale!

Think the deal may have been on the table, I'm sure MC said in the proactive interview that conversations have been taking place for a long time. I reckon he walked on the back of it.

Its becoming clear why LR left. He obviously wouldn't have agreed to these terms of a flash sale.

Yea seems like its more a sale to get money in for other projects than a joint venture where we get some revenue from the asset. Its an odd business model and one that is unlikely to provide a return to investors.

very odd

Agree sheds I thought it was a good show by MC.

Its a real shame that the board is turning sour again. No one benefits from people leaving the chat and we just end up with an unbalanced view. Would it not be better to just filter those that upset/annoy/disappoint you? I filtered Chri5p and feel better for doing it and it still allows me to look at other posts and contribute.

MM I must admit I find Chri5p posts perplexing and after the Bricks outburst and below I've decided to filter Chris5p. I'm only interested in balanced views and not bait posts. Maybe you should do the same.

Apologies Lawrence123, only just noticed your other post. Totally agree the sanctions against POG probably benefited Putin and definitely not us. It makes you wonder how many other stocks and therefore investors have suffered a similar fate to us.

Lawrence13, you're not the chair/custodian/regulator of this chat forum, it's for all to use and share views (ideally in a polite way) I like yourself and many others have lost money in this stock and others stocks and we have the right to post our opinions too.

I'm definitely not lecturing, I'm just putting things into perspective and finding my own way of dealing with the financial loss.

We as investors are suffering and there is no doubting that but there's a bigger picture here in that there are many millions more who don't have the luxury that we do to try and save for a better future. Totally agree and I'm gutted and angry regarding the money I have lost but hopefully all of us who invested here still can afford their gas and electric bills. Many can't and many of our European friends are displaced from their homes and families.

Bricks / Highside,
I've always backed you guys as I think your posts are informative and provide balance to the chat room. I was the first person to back Bricks when Chri5p had is outburst (for which they have since apologized for).

However I do feel like this thread is getting a little like X-Files with Mulder and Scully at the helm LOL.

Bricks, I'm sure they would rather have 20% of a working production mine than selling it. It's the best of both worlds. They get money for other projects and a revenue stream from what will hopefully become operational. Its a win win.

Through our SIPP 's and ISA's we all have made an effort to save for our futures and bar losing on POG my portfolio is still around 80% down. It's diverse and therefore tried to lower my risks but this war and our economic climate is crippling hard working individuals who try and to save for a rainy day.

Unfortunately it's not raining but one hell of a storm. However we can't let Putin win, because if he does no amount of money and profit in our portfolios will be of any use. It hurts but as a country we need to do our bit and help and see an end to this war.

I suspect the day traders will be moaning about the SP all day and the LTH will be relaxed and not worried about this. Yesterday was great news for LTH and I must admit I thought this deal wouldn't go through.

I think now we are funded we can expect the SP to stay around 3 to 4p for a few years. However I don't mind now as we have money to progress the Toral project and not run out of funds. Previous to this RNS I was concerned about the SP being low and moaned about it for a good year or so.

For LTH whats another couple of years.

Looks like we have some day traders posting too which is a first for many years on this chat. Nice to see fresh faces and some new blood posting comments. What a difference a day makes.

Blimey what a nice way to start the day. Well done Myles C!!

Hi Scheds, good call on the 3rd tranche that is substantial. Yea I worked it out to be around that date but these things normally get extension after extension.

I don't mind extensions as long as we get there and can survive during the extensions.

Plus the RNS mentioned 60 days with option to extend and this is a worry. If they extend and we don't have the war chest to tick over whist a decision is made.