The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I am not bothered that MF has no regard for PI’s to be very frank with you. It is the way MF operates, and why should he if he is confident that in the end he will be judged by the results. We are just frustrated that he has not delivered to the timeframe he set. I can understand why. He has 78% of the shareholders who are rock solid, I have used the declining share price to buy more as I think this is a great give away. I wish I had waited, but after meeting him at the AGM, happy to keep accumulating. MF is aligned with the PI’s, he is as frustrates as we we all are. Patience is required, MF will ensure we are rewarded. This will multi bag IMHO, and that is what I am in this for.
I think PC will only update us when we have signed sealed deals. The fact that we have no update means negotiations and due diligence are continuing. 6 months is not long when we are looking at a 28 year life of mine. 3 projects on the go, each of them I think is worth a lot more than our market cap. Exciting times.
Tottyman, you have TOLD him how it is? How does that message come across from the receiving end? It comes across as opinionated and not from someone who actually wants to receive a reply. If it was me with that tone, I would walk away. PC has 8% of the company, enough of a stake to be on the same side of shareholders. We are on the cusp of creating significant value to shareholders, we are at the exciting stage. Have a bit more patience, as all the RNS’s are pointing in the right direction. Have some faith or sell, moaning about the situation gets tiresome.
Tottyman, life has taught me lessons in how to communicate. If you come across all aggressive as you are doing in your reply, this approach will fail. There are ways to communicate without getting peoples backs up. It is not what someone says it is how it is said that is really important. Try a different approach and apologies about your past behaviour and you might get a better response. I will leave it with you. I am very happy with PC responses.
I notice that you use the word YET. I am happy to wait for the yet as I believe it will be well worth waiting for. **** off PC all you want, however this approach reflects back at yourself. No wonder he does not want to engage with you. We will see soon enough who is right, in the meantime enjoy reading about how the assets are progressing, and have a little bit more patience. It is not going to be long before we see what our assets are worth, and the share price should reflect the valuations.
Why own the share if you talk so disparagingly about the MD? I think the opposite and have been accumulating. I believe he is slowly creating value out of our assets and I believe the RNS’s, that have to go through rigorous scrutiny by third parties. Timing is everything with investing, sometimes you get it wrong and have to look in the mirror.
PC plays by the rules, if negotiations had broken down he would have tell the market. This is what happened last time if you remember. Have a bit of confidence in the assets we own, otherwise just sell up and move on, especially with your prediction of a raise! Just do it rather than just moan.
Tulsa are moving quickly, and that backs up what PC said at the AGM. The trenching is over 2 kilometres! I think Tulsa will want to buy out our 3% royalty if they prove off what they are expecting. Tulsa are a big company, and we are a minnow, anything can happen.
I am happy, because I think that we are sitting on assets that the current market cap does not reflect their value. Simple. Enjoy the ride safetrader, I am. Your constant negativity grates to be honest, and it does not appear to be based on any logic. It is why you attract such a reaction to your posts. Get over it and move on is my advice. The share price is going to do nothing of note until we get the RNS that gives an indication of value. Take a break and give us your pearls when the RNS arrives.
Yes Safetrader, I am an investor and I like the RNS. Would you please tell us in a few words what is not to like? Maybe I am missing something? If you can’t or won’t, please keep quiet as you are rather annoying with your all things negative stance.
Safetrader, the facts I read say otherwise. Just have a bit more patience, and my bet is that you will be eating your words, and it will be you that will be apologetic, if you are man enough to admit it! Until then the wise thing to do is to say nothing, and crow at the end. I am enjoying the build up to the big RNS that gives us sight of the financials involved.
Sorry Sheldrake, I don’t understand what you are saying. I think the assets are worth plenty, and if I was given the opportunity would be very comfortable to keep the company going until the legal agreements are signed.
Going bust Caddy is rather dramatic, I presume it was hyperbole. Our 3 real projects plus our royalty potential on the gold and silver projects are worth something to someone, the only questions are how much. We do not have long to wait, I think it will be a hell of a lot more than our current 4M.
The spread moves out to give us a bit of blue! Market not interested. If trenching results are positive. I would imagine that the 3% royalty would be on the table to be bought out by Tolsa! I would certainly try to entice PC to cash in early, knowing what the 3% over the life of mine was worth.
It is very positive, nice to think we have 3 near term projects, that we are about to find out from the end users side how much they are worth. In the meantime I don’t think the MM’s care, and this news will not move the needle. I hope I am wrong, but this sector is so beaten up.
The last cash call was about 7p, the 76% took it up. I don’t think MF wants to go for a raise at these levels, he has a huge amount of egg on his face with timescales. Apart from a very small percentage, everyone is long and strong and is just prepared to wait it out.