Member Info for LittleWing

my concern here is that Moz were clearly not in a position to give us the risk free help CB originally said. who exactly runs Moz

CE... so did Nexus pay the start up costs or did we.

Does anyone know where the money we loaned to Moz actually went ? Did it end up going to Omnia ? CB has told us we will use contractors to minimise the risk to ourselves but I really don't see that we have done that as it looks like we ended up effectively funding their start up costs. I thought Nexus was supposed to have done that hence their majority take of the cake. I don't think we are being told the whole truth here. It seems we are paying more than once for something.

in CB "some" trust... It is still a massive issue here as many keep reminding.

All a bit deja vue with cash coming in from this which will pay for that and then we can do this... The SP is where it is because the market doesn't trust it will happen as straight forward as that. Its not a case of it being cheap as anything is only worth what someone else will pay you for it. Hopefully if we start getting news that real cash is being banked and building up over the coming months then the SP will move up accordingly. I think it will but fingers crossed CB doesn't get too carried away beyond what we can afford at this time and end up giving much more away. There is already quite enough having to be shared to 3rd parties.

Hi Andrew.. I hope it does all add up. I need to go back over all the RNSs but I'm sure they were mentioned way before December.

looking ahead to if and when we buy in to Moz... does anyone know who holds shares in Moz currently. Who stands to benefit if we buy into them. It still seems bizarre to me that this outfit was put together (back in august did we hear about them or earlier than that was it) and they havn't delivered anything up to xmas and yet we handed over cash gave them a plot to work and all the talk of taking a stake. Why did we just not do that plot ourselves without giving an outfit not geared up to work our alluvials a cut. Just doesn't add up. Maybe its just me being cynical but I don't think I am the only one looking at the SP.

I am starting to think that its more than him climbing aboard. I think the whole Moz outfit has been put together with some of CB's contacts to benefit from the opportunity we have made available. I may be wrong but "their" previous experience was not in gold alluvial operations. Yes I agree I can see CB taking a big interest in this Moz operation. Consultancy fees maybe ? The SP is where it is because the market knows full well that CB will be economic with the truths here. Maybe XTR will benefit but maybe not as much as we might have if we keep transferring value away to others. Hope I'm wrong.

Chuck - You do know who controlled Concordia don't you ?

all our cash went to Concordia copper dumps ;-)

Ammu... its a deception that AIM ceo's just love to perpetuate that their holdings are comparable to ours in how they have been accumulated lol

FWIW I have said before that CB would not hesitate to get at FB before we have built up enough cash reserves... If he feels he can get a placing away so he doesn't have to wait believe me he wont worry about PI's. Hope I'm wrong but his past record worries me tbh.

LS.. I hope my worries are unfounded. What do you know about Moz ? How will their earnings benefit us even if we take a stake ? we need cash in the bank to keep CB away from the smell of a placing... how does taking a stake in Moz help in that respect ?

I totally agree Mike... I still feel very uncomfortable with the whole Moz thing. Who exactly are they ? It looks more and more to me that they were in no way the outfit ready to clear the alluvials for us that we were led to believe. Why did we loan them our cash as they clearly were not the established outfit we were told and then so soon all the talk of us taking a stake ? The transfer of money away from us rings the Concordia copper dump bells tbh.