Member Info for johnpwh

Next stop 300p.

Well if I read that right the only potential big winner, as I thought, is Newmont. For what is to them is pocket change.

Lets convene again in a couple of years and see how WTR is going. I promise I will be gracious in defeat if proven wrong, in fact bloody overjoyed as it will mean my shares might actually be worth something. Wonder where Ariana will find the majority of the $33 capital needed to claim the prize at Slivova when the current JV purse strings are held by Ozaltin following the roll up, roll up 2019 Christmas asset giveaway? Ariana are very short of money and, at the same time, will need a far greater amount for capital expenditure for the Dokwe (mis)adventure. They are overstretched because the MD always wants new toys to play with. We all remember Cyprus, the excitement, the drilling, the steady parade of 'pleased' RNSs until one day....... nothing. A nothing that continues today with apparently no hope of resolution. On to the next new toy.

So to get anywhere we face adopting new partners after the expensive, time consuming spade work has been done. Or dilution upon dilution by issuing mountains of dilutative shares at a rock bottom share price which today is the same as it was in December 2018 when gold was $1200. PoG is $2750 now, what is that telling us? Same old AIM story, I just hope this doesn't end up with the same old AIM conclusion because its beginning to look like it might.

Can anyone I haven't filtered explain to me what the point if WTR is? A high level view seems to be that if nothing of significance is found then AAU will crow about having a big interest in WTR, but if by putting a few quid and lots of gold is found then Newmont will own pretty much the lot (and AAU will own the floor sweepings which Dr S will eulogise about). In either case AAU shareholders suffer yet more dilution at low share price, such as today. Bet Newmont are annoyed that they didn't hang on a month and get the AAU shares at a 30 day average which would have been 25% cheaper!

No wonder Newmont is the biggest precious metals miner in the word and AAU is in the gutter going absolutely nowhere despite their repetitive big words in presentations gushing about another year of big achievements. They are fooling very few now.

Sounds an exciting company with a competent management, great future, hitting every target on time and rewarding to their shareholders. If only Ariana Resources was like that.

This is all about employers NI, we were range bound in the 700p-750p range before the October budget. The company could increase prices, and I think they will to at least partially mitigate the NI hike if not totally cover it. Weatherspoons has to stay at the pile 'em high, sell 'em cheap end of the market, its image is not really conducive to becoming niche! The whole pub hospitality industry is shrinking as Tim Martin observes, diminishing returns would come into play if prices are hiked to totally cover idiot Reeves policies.

Ooh look, Ricardo is putting all its eggs in the green basket just as the worlds largest economy walks away from green issues. Still happy with the way Ricardo is being steered?

Well LoB the 2022, 2023 and 2024 previous year production and general update were on 18th Jan, 20th Jan and 17th Jan respectively so I agree. Sener has promised an update on Dokwe so lets see.

To be honest I have lost interest as I am sick of the companys lies and procrastination.

Sub 400p. Great. As someone else here said, sold the Defence arm too cheap, then paid too much for the yogurt knitters.

I do agree with you though I'm not buying as no liquid funds I want to commit at the moment. This will not imo recover until much later in the year when net effect of the NI and wage effects, together with any priced increases, are starting to be known. Its annoying that we have Truss Mk 2 in charge, and unfortunately it seems she will survive in office many multiples of 50 days.

Fellwanderer

Jesus, I wondered who this Porsche was you were referring to. I've got an old 987 Cayman and I was getting all paranoid that you were on about me because I couldn't see any posts from someone called Porsche!

Thought all my green messages on JDW were by Savage who I filtered a few weeks back for being pointless. So I logged out and found some greenies were from Porsche1946, who I vaguely recall filtering years ago on another board for being intolerably dull. Anyway I did what you did and had a gander at his/ her posting history. Bloody hell he/ she is an old misery, a proper Private Frazer, think he/ she should go to spoons and have a couple of pints and cheer up for goodness sake.

Why does this site occasionally decide to turn capitals to lower case? I've noticed that before.

After a brief run the Market seems to be, as you put it, agreeing with me tenapen!

GLA

didn't say that the company would fail. what i am saying, effectively, that a new name is in order. that is because changes to the nature of the company to suited and booted university fresh white collar warriors, eating avocado and sipping oat milk lattes, forming committees to advise on strategies to accomplish the best way to knit yogurt is nothing to do with the great sir harry ricardo. i readily admit there is probably money in such bull****. seriously, read the e3 advisory website and see if you can work out what they do. because unless you are more intelligent than me (which is eminently feasible as i am thick as a brick) then when you leave the e3 site you will be literally none the wiser.

so the deed is done, got rid of a sound engineering part of its portfolio for what many believe is a giveaway price. in its place it has acquired a waffle and bull**** company at a stratospheric rating for what it represents.

I have a few here just in case but I have zero expectation of anything from the litigation. Just because Dentons is a big name and they have taken on the case means zilch, anyone reading it differently is seriously deluded. From memory they are about the biggest law firm in the world, with hundreds of offices in nearly a hundred countries. They take on tens of thousands of cases and play the percentages. If they win they walk off with the majority of the settlement, if they don't they just move on to countless others. If anyone is in any doubt watch Mr Bates vs The Post Office. They won the original case in the courts which was on a no win no fee basis by a big law frim. The postmasters share of the settlement was an absolute pittance, the law firm walked off with something like 75% or more. At least they were likely to see the money. I suspect if Kosovo lose they wont bother to pay a brass farthing. What do we do then? Ask the UK Government to invade?

Seems EDF aren't too interested anymore, not even bothering with non exec representation.

I read somewhere to day that the idiot Labour Government is reviewing the 2030 EV deadline that they set their stall on in order to reverse the Tories decision to delay to 2035 (to get back in line with countries that actually own mass market car companies that design the things and so dictate the mix of cars on the road). Thatcher was famous for no U turns. Starmer is more like a drunk on the way home from the local 'spoons.

I have just been looking at the E3 Advisory Website. It emits a distinct strong smell of insubstantial BS. What in earth have this board done to this once proud 100+ year old company?

Time I wasn't here, I'll close the door on my way out, at a loss but that's the game. What a sad end to a great company, the Ricardo family must be horrified.

Many of us suffer the conflict of being both customer and shareholder, however unless you are both a very small shareholder and very big drinker, it is hard to justify resisting putting prices up just to preserve the 'pile 'em high, sell 'em cheap' image of Weatherspoons. There is a strength in Tim Martin, but his also one of the weaknesses. I don't know the man and may have him all wrong but I get the impression that the company is run his way and wonder how much can escape the board room without his explicit permission. He grew the business but he is aging and needs proper succession planning for when he is no longer there.

I think the jury is out. The actual measures weighing heavily here (minimum wage, Employers NI) won't come onto force until April 2025, and the consequences on JDW wont be reported on until significantly later. It may well lead to failing hospitality businesses and opportunities here. It may accelerate the culling of the worst performing Weatherspoons in small geographical areas as we have been seeing, maybe edging up of prices so sharpening the business. Whatever happens this is not an overnight thing and I regard this as a bottom drawer share as it may be this time next year at the earliest before the full effects of the idiot chancellors budget measure become clearer.

Savage, you are so f***ing boring. We get it, you don't rate JDW. Fine, just go and have your breakfast and watch telly. I don't often filter people these days, I shall award that honour to you because its Christmas. Just a hint for the future - if you don't like something say it once, maybe a couple of times. Otherwise people just switch off to your comments and are irritated.

Re. Zimbabwe at least, I agree 100% with you. This is just a negotiating stance on behalf of Zimbabwe in my opinion, and the truth will be less harsh. Trouble is that this could hang over the share until the situation is clearer, which could be way into next year. What then for the ASX listing? Can they update the Feasibility studies as I think planned with a question mark over the reserves which may not be 100% held? We are in for yet another year of misery here, maybe even delaying Dokwe until clearer rather than commit funds. We also need a statement or presentation/ interview from the company on this situation even it if is not something that dictates a release of an RNS.