Member Info for in4cedros

Re post 19:31 from 4kandles - I rest my case regarding derampers looking for a lower entry point !

levistubbs - just because you regularly moan about being diluted at a higher price than current SP and readers are bored with it doesn't make you right - Kerim had to raise the money either by placing or borrowing - if you know the terms Kerim would have obtained for borrowing at the time of the placing ( when contributors on here doubted mine completion and wanted him sacked ) let's hear them so we can decide if he made the right call. Now that we are producing borrowing options improve but I don't believe we have sufficient info to assess so more comment from Kerim would be illuminating - in the meantime people have to make judgements without - some will profit from the current low SP if they believe Kerim is making sound decisions - i'm still thinking he's playing a blinder based on company development, which he can control, as opposed to the SP, which he can't - good solid production and more detailed information will improve sentiment ultimately - no obligation for you to invest Levi if you don't like current set up !

Those wishing to be better informed regarding director share purchase can use the icon on our glorious host website - seems like they have already bitten the bullet at higher SP.

Northy - Most shareholders would like to see increasing production but many recognise that a mine has to be managed efficiently. I speculate that as Proccea are the experienced gold miner in out partnership Kerim probably leaned heavily on their advice when setting the targets and will continue to listen carefully to them on production matters. If Kerim had set a higher target and failed to achieve I could understand dissatisfaction. As you have such a keen interest why not fully investigate the issues by gathering information from the company and then tell us the basis of the original targets and all ramifications of accelerating increases beyond the target levels - I don't have that detail but those seeking to be taken seriously should attempt to achieve it.

4kandles - certainly well over 9 on the warp factor with that one!

Propin - glad you are appreciative of my efforts - like Cuprinol that's been opened for a while I've developed a thick skin but I'm aware the tin has to be stirred to achieve full satisfaction hence my earlier acknowledgement of many valued comments on here!

Northy - I'm disappointed you have a problem with latest Kiziltepe production figures as although they are less than the Au equivalent of 20,000 oz per annum they are above expectations based on the feasibility model which you presumably studied carefully before you decided to invest in the company. Presumably you were also well aware of our projected costs per ton compared to alternative open cast mines but decided to invest anyway. Imaginative derampers should be able to marshal better arguments to criticise this company other than poor pre purchase research followed by buyers remorse! Glad you liked the talk of future borrowing for mine development.

Em - btw although I do share my love with Tracy sometimes you will always be my favourite!

Emily - my work there was pretty much done so I've let the SP do the talking for a while after giving Leo my blessing! I try to be a little ray of sunshine on here but there is a bit of an entrenched misery mob mentality from the daily derampers who don't seem to appreciate the luxury of CEO who does what he says he will do. Readers here tolerate the deramping diatribes as most know the business is sound, has great prospects and are prepared to hang on despite suggestions of some mass exodus! When my work here is finished I'm offering my services to Arsene! Lots of luv and best wishes to you and yours!

SID - many thanks for sharing that link - Kerim in great form again - loadso cash flow from current mine ( still performing in line with expectations!) - interested lenders for expansion - crisis what crisis?

Craig - good luck with your purchase - just for the avoidance of doubt perhaps you could confirm there was no duress involved !

levistubbs - AAU looks a good solid business to me - no need to administer snake oil and I wouldn't encourage that scenario just to placate vocal minority views!

Craig - good positive contributions to this board - many thanks. It's fair to say Kerim got some stick for the delays on our flagship project so sensibly he is erring on the side of caution with the new timetable - interesting to note the slide you highlighted mentions discussions with lenders - clearly early days and lots more work to be done but moving forward with the plan.

levistubbs - there are certainly many valued contributions to this board but sadly I'm unable to include yours in that category for reasons previously discussed at length. Keep watching the Cuprinol dry whilst Kerim gets on with sound management !

Knowall - certainly tempted to increase my support for this company at these prices - based on the actual prospectus as outlined by Kerim - not any fanciful 'would like to see ' prospectus as suggested on here ! Having said that this is a chat board and not all the suggestions on here are complete rubbish, Kerim probably looks in occasionally so no harm done in ventilating - all I'm saying is Kerim has done what he said he would and if people believe prospects are better elsewhere nothing stopping them selling and chasing those ' better ' prospects!

MrKnowall - No shame here - if you'd followed my posts my theme of Kerim Cuprinol would have been difficult to miss and I'm bound to say that recent results have vindicated my stance. AAU looks good to me on fundamentals and investors get the Salinbas kicker as a bonus. There will always be negative posters, some criticise Kerim not for what he has done but for what they would have liked him to do, without knowing all the company vital financials ( bit like football supporters who aren't happy because they haven't got Arry & Ronaldo in their squad! ) - looking back Kerim has played a blinder getting this company to where it is and it looks well placed now to develop - sustained production at current levels and further information about cash generation, after meeting loan repayment obligations, will, almost certainly, bolster investor confidence - rather than regular intervention from me - my more intense involvement coincided with a period of sustained tosh talking from others surrounding the run up to mine completion where foolish notions needed to be disabused regarding responsibility for day to day project management and fundamentals of concrete curing at low temperatures - now just a few pages in the glorious history of AAU!

Deano - I'm surprised at such negativity from you, much as I look forward to a well prepared fresh pancake - I enjoy squeezing on the lemon juice - others here may prefer to suck their lemons - isn't that right Levi! All the best to all my readers - can be a bit tedious awaiting news - happy to squabble again when we've got some!

Happy - very pleased for you re HNR - You'll take the high road and I'll take the low road ( with Kerim Cuprinol ) - all the best!

VanVan - good tribute to Brucie with the Play Your Cards Right reference - I wouldn't want to bet against Tracie at the moment - he seems able to come up with a trump card whenever the ante is raised! Good luck to all AAU holders!

Jupiter - thanks for link - good info - hope that Andrew has a better stab at pronouncing SalinBUSH next time - might be worth listening to someone fluent in Turkish - Kerim???. I'm off for me bush tucker now!