Member Info for Montecristo

When you see a list of all the timeframes missed and by how much, it does bring Mathers credibility into question imo.
I do wonder if someone else could do a better job now. Norris moved on, Martin moved on, Nick? The king is dead ,long live the king. Springs to mind. We have gotten so used to Nick that maybe we can not see beyond that. That could be a mistake.
I would rather have a pay day this year than have a potentially bigger one in 7. It's going to be a long hard road. Already years behind where they told us years ago.
If Nick says next month you know is going to be 3. If he starts talking about year end now, we just laugh. What they say will take 5 years will almost certainly take 10.
Maybe Quady works for the company? Sounds like it sometimes.

If they let us know, then maybe we could discuss it. But when they say, on the week it is supposed to be released that it's been delayed 3 weeks, then a week later say, no sorry it's going to be 6 months now. Its understandable imo that pi's are going to get irritated.
It's good to be positive, but also be critical if need be.
Maybe the new people have seen a problem with the design, but until we are told we are just guessing.

You may well be right on the facts Quady,regarding Jason Ward saying it in a speech and not in an rns
But why would he say that? Has he been honest with us? No.
Did he not know after a year working on the PFS ,that the design had been changed? So he was telling porkys, maybe not in the rns but certainly in the webinar.

They originally said after the pfs
was late, that it would be another 2 or 3 weeks.
How could that have been the case if the design was changed?
Unlikely they decided to change the design in that 2 to 3 week timeframe. They have sold us a few porkys in my humble opinion. Yes even in an RNS!

Richer
You make a good point,
If the CEO's of PREM and NORICUM and one or 2 others were accountable for the nonsense they sprouted to investors over the years they would be in prison now. I doubt RNS releases are policed at all, they can probably say what they like as long as they have the disclaimer at the bottom.

Would it not be beneficial to have the news flow first to bum up the sp to get a better price for funding.

Looks like it's going to have tonnes of info in. There must be news from multiple sites.inc asseys . I wonder if that's intentional, instead of the usual drip feed.

I'm going to keep a main holding but I'm more than happy to trade a few along the way these days. That way even if it goes down after good news has settled, its not so frustrating

Back in 2013 I first bought a few solg for 3p then around 1.5p a few months later. It rose to around 14p later that year and I did not sell one. I watched it go back down to 3p where if stayed for years. I bought a few more here and there and dreamed of those 14p days wishing I had sold some and re bought.
Then in 2016 it started its March back up. Determined to learn my lesson from the past I sold some at 6p and a load at 9p. It then continued up to 42p.
So I learnt a lesson from a lesson lol. Just thought I'd share a solg story with you because I'm so bored lol

Crew lol
That last post gave me a big smile, thank you.
Many posters have been here 7+ years. I don't think they will get to worried about a half penny drop in price lol.

Good post red !

Redknight
What do you think potential bidders are waiting for?
Oct has come and gone.

The market seems happy with it

Sounds to me like be accepts he has make mistakes

I thought so. It's a dilemma, do I want to sell if the company is massively undervalued? Of course not.
Whos the main influence on how much the company is worth now and in the future. It's all about Nick.
Is he looking after shareholders or is he looking after he's ego?
I'm not sure I was tempted to vote against the board.
I know lots of the posters will rubbish my claims but if I invested years ago with a different story on the table, why are my views any less relevant than anyone elses who believes we should go on another 7 year journey straight after the last 7 year journey?

Sorry novice, dont get you. What should I be practicing?

That's why to think he is always aligned with shareholders is to somewhat buried youhead in the sand

I've also held since 2013.the trouble is, some will have built up large stakes in that time.
The plan, outlined by allan Martin the previous CEO was to prove up casacabel and turn solg into a billion dollar company.
Mission accomplished! Well done. We all thought at that stage we would monetize and move on the the next one. NM has changed the narrative completely.
You could say that's a good thing and he's got shareholders backs.
The thing is people are left with big skin still in the game after all these years. The difference between him and us is although he too has massive amounts in here, the receives a massive salary to ease him along. We just have to sweat it out. Losing thousands in dividends that we could be earning with the money invested elsewhere.

Merry Christmas and best wishes for 2021

Sounds good but the trouble is we have been saying the very same things for years now.
About to blow, give it 3 months, give it 6 months, this time next year Rodders etc etc.
2018 was meant to be the year for solg everyone was saying end of 2017.