Member Info for honestbob

Hah - bill will no doubt be able to tell you the definitely stocks of what you or we want and and indication of probable levels. To be on safe side a detailed and expensive stock take will be undertaken but then he will advise the price isn't quite right and to hold off a while before taking delivery

I suspect the quality and range of topics raised has rendered him speechless

Trev - if only the company could crack on with the seriousness and competence you encourage us to Mike I only hope you are keeping some of those � back for the long awaited knees up I accept that sadly you may not be called upon to buy the drinks for all

You are quite right - that explains it - in the time line of this company he is new blood ! Confu - never mind the sceptics it will doubtless be a welcome surprise to the more hopeful and positive amongst us also I do hold some hope that the rocket analogy ( which I think was Brents ) comes to fruition

Now Trev has spoken I am safe for at least a month before he appears again For no sensible reason I would observe- Hadrians wall took 14 years to build The original Forth Bridge 8 years The Channel Ttunnel 5 years Parys under current regime from purchase to production 1988 to date - 29 years - so far In 1988 Margaret Thatcher was prime minister and there have been another 5 whilst waiting for production to start In that year the Christmas no 1 was mistletoe and wine (Cliff Richard) Apologies for the flippancy but sometimes one wonders if the mine will produce in the lifetime of any of the posters here !

sometimes wonder if it have risen to that price by the time anything is extracted

Sadly you are right - a positive interview - everything seems to be coming together but seemingly full of things '' we are going to do or to be done next year .'' One wonders why some of them could not perhaps be done or at least started this year after completion of the study

I think you are spot on - higher interest rates can have very significant effect Bank makes large part of its gross profit from the difference between what it lends money out at and the rate it pays to depositers Where it pays interest to depositers clearly that will rise .But a huge amount is held as credit balances on personal and business accounts where it pays nothing at all - so increase in rate is pure profit when those funds lent out . One of the reasons for banks successes over in the past has been huge amounts of cash they have had deposited in current accounts , paid nothing on and then lent out . Similarly that has caused problems last 6 years , because they became used to easy income from that source and then have not been able to lend most of it out at high rates . Ignoring all other writeoffs etc - another problem being the huge income that was brought in from various lending insurance products ( business and personal ) that tap was switched off some years ago too - and indeed went other way with PPI compensation . Truth of the matter is this and other banks have had to ren-enter the real business world without easy meal tickets Some have done it better than others

Assume you mean on tax return .If they are in an ISA you cannot have relief of any sort . If not you can put the loss on them against any capital gains profit you have but not income tax If you have no capital gains at present you can still notify the inland revenue - i think with a supplemental sheet to your tax return - then you can carry that loss until you have a capital gain to put against it .You only have a certain amount of time to register the loss - you would need to look up - them it is lost for ever Hope this helps - is only my understanding and would check on inland revenue website or give them a ring

crikey didnt realise supervision was that close

Notice share price up now the secret is out - hope our flippancy does not draw trevs attention have managed several months without a reprimand from him!

In other words continuation of plan followed for last 10 years or so

I suspect a cunning plan BOD intention not to get metal out at all but leave it in mountain for many more years and let its value grow safely underground Probably fear that many shareholders not be keen on this plan - which is why it is a secret

Wasnt aware we had fallen out - so not sure why reference to branch of peace

Thanks for the offer I am very busy - what would I gain by spending time in a face to face discussion Yyou dont like the company - and have given your reasons I have made my investment / gamble on the basis of some quite detailed research and balanced that against the obvious risks . All that is here i can afford to lose 100 % - would rather not but not a great issue I struggle to see what benefit a meeting might give me I dont encourage or discourage others on this or any other boards to buy or sell that is a job for those who are or cleverer than me.

doubt brent up to anything what is your interest in this company out of all the hundreds and thousands that are out there ? any way if you really think there is a problem that for some reason is of concern to you - you would be better off publicise it else where must be obvious to you that all here are deluded, wear clothes you dont approve of and think company has some chance of success

Be astonished if it was going to the people of anglesey - companies don t usually raise loans to give to the local population - although in this case I expect will be some local jobs for a good while - it it ever proceeds

Perhaps it does - many companies want to raise money - why does this particular one bother you - is there something I am missing ?

My guess for what it is worth that they will not pay a dividend of any sort until they make a profit .At that point they will perhaps pay a token amount .If they then continue to make profits I would imagine the dividend amount would slowly rise and at the same time the remaining retained profit being used to rebuild reserves and capital there be a profit after the extraordinary itemswill the fines bad

I am in favour of doing what is right for current shareholders - many of whom - will also be past ones . I am not so sure about executives unless they behaved responsibly and in good faith and to a standard to justify their remuneration