The bigger picture17 May 2023 07:41
Morning all. Hope everyone has had time to reflect on what happened yesterday. In the grand scheme of things, nothing happened. The complete nonsense that was spread in here perfectly sums up how many people are here with an agenda, and will do all they can to spread fear and doubt amongst shareholders and those looking to invest. Why do people do that? Easy, they want to get in at lower prices because they know what we have here. They're disappointed that they missed the prices pre-2020 and will do all they can to influence that. Shaun has never discounted a future raise, never. Dip has the transcripts to prove it, I was at the Town Halls and heard it with my own ears, and wouldn't it be naïve of him to discount one anyway? Shaun can't predict the future, therefore won't get drawn in on making such reassurances, that isn't what CEO's do. The word Shaun has used is accretive, but what does accretive mean? A business deal that results in gradual or incremental growth in value for a company. Now I don't know about you, but that sounds like something I can get behind. A$50m-100m was the range mentioned, would you require that much for operating costs and a drill campaign or two? Doubtful. Would you need that much to act as leverage for an accretive deal? Absolutely. People were so quick to lambast Shaun yesterday for the news he didn't release via AFR, and did so without knowing the reason for any potential future raise. Again, naïve. Shaun then releases a RNS regarding the AFR article. In it, he neither confirms nor denies that a raise is on the cards. Therefore we know no more after the RNS than we did before the AFR article.
I absolutely won't get bent out of shape by if's, but's and maybe's, but what I will do is digest any information set out in a RNS which is issued by the company, because the words written in that are factual and not conjecture. Some say the timing of the AFR article might be coincidental, and I would tend to agree, but that again just proves there are people out there who want what we have because they know they missed their early entry price before 2020. Do you think Ned Naylor-Leyland was up in arms yesterday considering the 70m+ purchase he recently made for his Jupiter Gold & Silver Fund? This is all about the long game, the game we've been in since Havieron was discovered by us. We're almost there, within touching distance, wouldn't you feel a bit upset if you let the words of some disillusioned ones on here influence your emotions and decisions based on the non-event yesterday?
Hold the line, we've got the best board in Australia fighting our corner.
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