RE: Rerate18 Sep 2023 17:19
''how anyone can be anything but positive''
You've only been here a day Sunny Jim!
I would't be too quick to rubbish AH. While on paper the SP tanked under his leadership my speculation is that he was obligated to oversee Victoria WAY past it's sell by date by the existing BOD. By the time Queensland came around his toolbox was empty. It'll most likely come out in the wash but my guess is AH smelled the coffee and gave up before his legacy was completely trashed.
I would very much like to know how you honestly believe a CEO with no geological or mining background and a Twitter investor yuppy is going to turn around a cash strapped (and yes with groundwork, wages, consultancy fees etc £500k isn't a fat lot - they spent £281,635 on wages alone in 2022) Australian mining company? Like I do honestly value people's opinions here because I believe Lolworth DOES have a potential elephant (or two) 'in them there hills' - But seriously how the F are these two qualified to find it? AJ will happily pan river beds until the cows come home for £100k a year so no point pinning hopes on him, he's happy as Larry. Tang, no, no don't get me started.. lol, Davenport, I haven't seen any documented evidence of what he has actually brings to the table?!
It's mildly amusing to see the transparency and dubious nature of these fly by night rampers. Quick buck merchants the lot of them.. good luck I suppose but suckering in PI's to inflate the price so you can dump (which is what you're doing, don't lie!) is a tad shady in my book. Different strokes etc.
I am hopeful for the likes of Dan, Ti, TS etc who like me bought into an investment and found themselves holding what now appears to be a meme share (imo).
Now ECR have cash, they MUST outline short term achievable targets or it's back to watching the inevitable drip.
I personally think they should go sh*t or bust at Lolworth. The terrain from the LiDAR survey of Hurricane looked like the bloody Alps! difficult to manage infrastructure even if they hit imo, imagine having to build all the mining necessities on the side of a mountain! Lolworth could also host a monumental REE discovery by the sound of it!
Having currently sold out (to which I assume some will be thinking 'well OK naff off then!') - I still feel connected to the story as I've been here since well before the phones were ringing off the hook! There is perhaps an element of clarity that emerges also, I definitely suppressed insecurities I had about the stock, obviously not wanting to voice them in fear of trashing my own investment (which Rx enjoys doing on the regular, lol).
I also somewhat sympathies with the likes of Snip. I see these new 24 hour ramp folk and roll my eyes.. If they'd been through the sh*t we'd been through they certainly wouldn't be so happy clappy! I won't ever truly join the dark side however lol, I want ECR to work for the likes of Dan, TS, Ti etc.. Perhaps these fresh faces can sweet talk a JV or two?!
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