Member Info for Impecunious2

it would be hard to find a slower moving horse. flogging a dead horse (or he****) comes to mind.

Most of us are polite to each other. It's only a minority that are not.

Hi, Karl

I did, and it was my mistake. I'm new to Twitter, and didn't understand the difference between "following" and "followers."

But I know now.

I was hoping for a tweet myself, but there's nothing there.

The last one, on 1st July, reads: "Colombia update - we continue working on agreement for 100% ownership interest in our flagship project at Anzá and have largely completed most preparations for resumption of ownership & operational control of the Project & stand ready to commence exploration as soon as the transaction is complete."

Hi, Dr

I'm sorry to disagree with you on this; but I have spent some years teaching in primary school, and I can assure you that most children behave much better than the man in the green box.

It must be a night shift that he works, because he's on here all day.

"Rein him in" not "reign him in." It's a metaphor from horse-riding, not from monarchy.

Hi, Sharetrader

You may have noticed this already; there's something very odd about a post by 10% on 16th April last year. He wrote " Agree with 10 percent, it is what it is" (referring back to a previous post). This sounds to me, as if the author had forgotten that he himself was supposed to be 10%.

There's quite a bit of broken English in there, too.

Hi, Dr

You make a good point in the last sentence, which I hadn't thought of. It reminds me of a remark by the financier, Jeremy Grantham, "Every time the price of an asset rises, you can be certain of one thing - the future rewards diminish."

A lesson which Bhargav should commit to memory, for future use.

The next problem will be, everyone goes on holiday in August; so we're hoping to wrap it up in September.

"The parties continue to work in good faith to finalise the details of the share purchase agreement and the negotiation of ancillary agreements that form the basis of the proposed transaction. There are no material changes to the terms of the transaction as set out in the LOI. However, finalisation of details and determination of the need for approvals will continue in July."

This means that I was wrong to say yesterday that the deal is in the hands of the regulators; it hasn't yet been completed.

Brad's going to have a difficult time at this conference. There's a big difference between saying, we are now drilling at Anza, and we are negotiating a deal, which is now in the hands of the regulators.

This is from memory. Gervaise H put in £50k of his own money in March 2020, and timed it perfectly; he caught the bottom of the Covid decline. GGP then rose in a zig-zag fashion, until January 2021, when he announced his resignation. After which, it fell steeply.

Hi, Seingred

Your para 2 is a reasonable summary of the biographical part of the interview. As I said yesterday, Brad is honest (perhaps too honest) about his failures and his deficiencies. Personally, I find this rather endearing, as I have plenty of them myself. But I fear you are right, the message that the CEO has failed in finance, and never found anything of value in the ground, is unlikely to attract investors.

But who knows? Rick Rule is an eccentric; and may think it's a good idea to back another one.

Well done with the research, TJ. The maths is so simple, even I can understand it.

It's partly the interview; and partly the fact that 4p has held on a number of previous occasions, and seems to be a (temporary) bottom.

It's not Brad, but the chairman, Louis, who is dealing with the lawyers and accountants, and will therefore have the clearest idea of the present position.

Speaking of his appointment as CEO, Brad says "Louis (the chairman) knew I worked cheap." His salary sounds a lot to most of us here (I live on £10 a day myself), but someone - Dr, if I remember rightly - did the research, and concluded that he was paid less than the average for an AIM CEO.

One thing that is striking about this and other interviews is Brad's honesty about his own deficiencies. Few CEO's would say, "I can't point to any great track record of exploration success." This reminds me of Churchill's remark about Attlee, "a modest man with much to be modest about." But Attlee was (in my view) a great prime minister.

It's a very good interview. Supposedly, "the next few weeks" for completion. Brad is clearly frustrated by the delay, which is beyond his control.

One unexpected remark, "to me, Argentina is the best project. But because it's early stage, the market doesn't share that view."