Member Info for Keithb1

I think LGO has a point but surely any issuer of an RNS has to be careful and err on the side of caution in how far they go in "selling" the facts. Once any "spin" is introduced then where do you draw the line? Perhaps what could be done is for an RNS to be followed up with a different announcement whish seeks to explain and give the company's take on the facts, so that fact and opinion/spin/selling are clearly separated. I think MOD has suffered lately because the A4 assays did not reveal another T3-ie the opportunity of another shallow mine. That's not to say the assays weren't good and didn't meet the company's expectations with regard to deeper mineralisation. Perhaps MOD could be better at managing expectations. But so could a lot of investors!

Well somebody's employing him to poke his oar in here. Hopefully no genuine investors are taken in by him any more.

I doubt that's what Sprott is about. If they keep buying in the market they'll have to come clean eventually and that will push the price up. It would nonetheless be interesting to know what the average price paid by the major holders is.

The problem with a takeover is that the offer made will be at the prevailing sp + a suitable premium and at today's price that will leave a lot of s/holders well out of pocket. The sp needs to recover a lot to make a takeover a good way out for many, if not most s/holders.

I think LC has consistently been economical with the truth in his communications with shareholders, and for that alone he should have gone by now. I don't blame him 100% for failing to get anywhere useful with the Government, although A N Other might have done better,-who knows- and with regard to his handling of sepco we are about to find out just how good he is. If Sepco are allowed to do as they please , when they please then that is another reason for LC having to walk. The problem is the same one as we have back home at the moment with regard to our own Government-there is no sign of a more competent, or in any other way acceptable replacement. Woeful!!

So the buyer pays RR an amount for the warrants-assuming they are transferable, which we don't know for sure, and acquires the right to buy shares for the 5p that RR could buy them at. So the buyer's total cost per share, when he decides to exercise the warrants will be 5p+ whatever he paid RR. The buyer presumably expects the shares to go up-a lot- so why not buy some shares at the market price which has done nothing but drop since the last RR acquisition?

Also how do you fit into this cunning plan of RR's the fact that he's been accumulating shares by buying on market, again presumably in the expectation of a share price rise?

Not sure what you base your comments on 50chaz, as far as I can recall the only one I've criticised is Bonker but never mind. As for my opinions, those are for, in the main, determining my investment decisions rather than trying to influence others, so I usually keep them to myself. Nonetheless, I felt compelled to air my opinion this morning and people can make of it what they will. It seems it was well received by some at least.

Yes, Casey, Bonker has woven facts into the fabric of his stories, but just to give them some semblance of solidity and all the better for adding credence and substance to them. Either he was/is putting an awful lot of spin on those facts-in 2 different directions- or, as he would now have us believe, he got it horribly wrong first time around. Neither option inspires confidence does it and I know which I go for.

Now that's what I call "changing your tune". I sincerely hope that's the final nail in the coffin of your credibility on here, Bonker. Anyone that can't see through you now definitely needs Specsavers!

and just how many projects of 3m+ tons of copper are there?

There's certainly a lot of purple but how deep is it?

Yes, apparently, anybody any idea what the actual spread is/was?

and then somebody told him it wasn't!

I can only assume LC thought it was something to be proud of-lord knows he's got little else right lately.

Doesn't LC have a duty to communicate with us? He must have sat on information which he should have told us about with regard to how the tendering process affected us. He has to go but who would want to take over I have no idea-assuming anyone worthwhile would want to come within a million miles of the job.

"most of the market doesn't understand..." I don't think it's "some". How can anyone understand, and how can anyone put a positive spin on this? We might be slightly ahead of the opposition but so what? It's in the lap of the gods who will come out of the tendering process with a contract and when that will be.

Spot on Bigb

"We have a clear path to follow". No. We have a new path to follow with no idea where it will lead to, if anywhere. and based on experience no confidence at all about when we might get there. LC has lost all credibility as far as I'm concerned . In September he said KIBO was seeking clarification as to how the tendering would affect the PPA talks. He must have had an answer to than some time ago but neglected to tell us we'd have to go through the tender process, which now seems to have rendered the PPA talks redundant.

LC and the TG deserve each other. This has got sometime maybe never written all over it.

Depressing, isn't it? Even for those of us who've been here a lot less than 6 years.