Member Info for Montecristo

Whatever happen to mcfirth?
I used to make me laugh.

Very funny how such an hardened left winger buys shares in a mining company fior personal profit.
Obviously he is going to give all hes profit to the people of Ecuador.
It would be complete hypocrisy any other way I suppose.

Quady, as you said, only useful if they have additional information.
Thay have more that us.
It makes sense to me what they are saying. It's not all bad but does give a more realistic take on what may have happened.
They do have far more information than us. We just hear the companies spin on it, which is always going to look at things in the best way possible.

You do understand liberum wrote that and not me?
Go tell them, you obviously know better than they do.

Its says they were expecting a 10% bump in capex, but the delay implies it was going to be much bigger.
Very simple to understand.

Did you read the bit I copied?

That seems pretty clear to me.

We had been expecting a bump in the capex at the release of the PFS, of about 10% in capex and opex. However, this delay implies that it was going to be much larger and that it would be better to re-configure the mine plan (particularly mine access) at this relatively late stage."

It's on the news feed on this site

I did not say, it is not going to be block cave. I said it looks like, their first idea was going to be to expensive.
Read the liberum report and draw your own conclusions.

So we can start to put the pieces together, thanks to the broker note and a few other clues.
Looks like they were well into the PFS and they realised it was going to be far to expensive, perhaps this was made clearer with the new board appointments.
Irwin's comments about Nick being a bully and not listening to anyone is telling.
This explains the unscheduled drilling of tandayama America, to try and get a cheaper capex and buy time.
The idea that's its a high quality problem, is a nice way to explain it, but does not really tell us the truth.
It would be nice if they were more transparent. The market is no fool either way.
The fact that you have high quality posters like the Italian, emailing the company to provide clarification of the situation says it all really.

Leo was talking about making cerp a 1/2 billion pound company. He made himself rich and stuffed shareholders

If leo's wife sold those shares, its disgraceful. He knew what was going to happen, he transferred them to her so he did not have to let the market know. I'm a holder of bpc because of him. I wanted to hold cerp. It's not illegal but he is a s h it

If she sold them. That's dodgy as hell.

Interesting point about Leo's share transfer to he's wife.
Anyone done any research on that? Sounds dodgy.

Smickster
Be fair, there is a fair bit of money involved here.
It's a very simplistic statement to simply say, if you are unhappy sell and go.
But I understand, its not nice to hear criticism of the company all day long.
So I'm taking a back seat, although the board has helped me past time during these terrible times.
Good luck to everyone.

Why?
Because they are the same people who accuse others of deramping a lot of the time. Both sides are quite funny. You must agree?

No,the point I'm making is, before raises and before perseverance. The old company was valued a lot more. As I said genuine question. No need to be rude.

My favourite posts are the
" I've just topped up"
"Another 100k for me"
Always bring a smile to my face.

Good post addi
But let's not forget, we need those rose colour spectacle people.
They will help the SP, and help us to more on quicker, if need be.
Some come on folks.
Yes well done board, keep up the good work.
Viva solg!