Member Info for MrJinx

Shareholder, you still haven’t specified what it was about my post that was negative about Chariot, or indeed why I should have put ‘IMO’.
The three main tenets of the original post, which uncannily got deleted were:
1. No investment firm will lend without seeing robust economic modelling
2. Chariot has yet to publish an Environmental Impact study.
2a Chariot has yet to publish a full feasibility study.
3. Chariot can still achieve a farm out, without the above being in place.
Tell me how they’re either lies, untruths or exaggerated somehow? In fact, tell me how they’re negative and critical of Chariot.
I find all this rather perplexing. I’ve been on this board years. I’ve been on this board at times where the only people posting has been me, Growler, Gooner and Precious. There have been weeks that not a single post has been made except ours. We’ve ridden this ride to where we thought we’d be rich, right down to 1.67p a share. What ever I have posted has merit whether positive or negative. The fact that whatever I’ve said has always come to pass seems forgotten on you ‘new’ fella’s.
It should also be noted that since the board sacked Bottomley, I have posted nothing that may be classed as negative. Even this last three weeks when the most tremendous rubbish has been posted, I’ve said nothing. Does that sound like someone trying to derail a recovery?
Your issue appears to be that you want to censor grown up debate as you’d like to live in your own echo chamber where only your version of events is credible. As it happens, I think Shedlife, or whatever his name is, is an irritant but he shouldn’t be threatened with being sued. That’s just plum crazy talk. Regarding hiding behind avatars, you’re absolutely right. However, they get sued because they actually name someone or something that’s recognisable in real life. An anonymous avatar ‘defaming’ another anonymous avatar just doesn’t exist. How can it?
All this in my very own opinion.

Like you’d sue anybody off a bulletin board... :D) I’ve read some complete ****e on here over the last three weeks but crikey, this takes the prize.
You do realise that you’d need to prove defamation of character? How would you do that when Shareholderchar is a pretend title that allows anonymity. I’m sure I don’t need to tell you that pretend people can’t sue...Unless of course you can prove a value to ‘Shareholderchar’ and a link to your real self. I’m surprised your huge legal team didn’t tell you this before you threatened legal action.

Now there’s a surprise.

...this is unloved.

*Snott; Did I f***!!! Watched crestfallen as £52k @ 20p slump down to just over £4k @ 1.8p and resigned myself to losing that too. I’m not sure we’ll get back to 20p until a partner has been signed up but I’m certainly happier today than yesterday :)
Maybe we’ll get to have our ‘Pound Party’ after all....

*Positive Vibes; I think there’s plenty to pick holes in here if you’re a research based investor. Still the same BOD’s minus Larry, Lixus no further along In its development cycle since acquisition, letters of interest are miles away from solidifying debt, costs of further development to qualify debt finance will need a fundraise or industry competent partner, (this would also serve as independent third party verification of Lixus), in-house geo team perennially wrong, and a couple more if you want to be picky.
However, this is an absolute diamond for speculation. If we accept that all thing being taken at face value, Lixus could take Chariot to the moon and stars. But as with any speculative stock, sales will always act as a brake.

Cheers Klein, and to you mate! :)

Another 30% and I get to even, stevens! If no news by then, that’s going to be a huge judgement call. Unless it’s flying and it’s then Wheeeeeeeeee!
Never thought I’d get excited about this old ship again. :)

I think what it highlights also, is how much Chariot were struggling under Larry to monetise anything. It seems we’re still at the very embryonic stage developing Lixus. Which is were I believed we were up to the point of Larry being binned off. I’m actually starting like the new, more honest approach of the Chariot Board. Which begs the question, ‘why did they let it get to such to an abysmal state?’
I couldn’t care less if we’re not as further forward as previous RNS’s would have us believe. New broom sweeps clean and all that...
I said I’d give the new set up until Xmas/year end before I start critiquing and I’ll stick to that. Most posters know I’m concerned about our cash position but if I’m wrong, there’ll be none more pleased than me.

It also gets forgotten that SXX is based in a designated area of natural beauty and therefore protected. The same planning and transport difficulties aren’t issues with Khemmiset.

Depends on whether you’re a realist or not. EML has great potential but so did the Utah development and from the article, it also appears to have been granted beneficial tax breaks. The major point here is how difficult it is to achieve high level financing in the Covid world of today. Financiers and creditors have the jitters.
On the flip-side, if the BoD’s do manage to pull this off, it’ll be all credit to them.

a nice tick up. :)

Goon, before you mentioned the Hammers I thought it was a bad dream. Had to go online to check... :( Antonio tore us a new one, that’s for sure. We’ve gone soft!
The issue we have here Goon is that it’s all or nothing. We get news of partnering and this flies, way past 8p. We get no news and the share price just sits here, bobbing about like poop at the seaside.

Sorry, I should have put a :0) after ‘Aarghhh’. I’m smiling...honest!

Oh my god....Aarghhh!!! Right, you just written it. They’re working on reducing the annual costs, that’s ANNUAL COSTS from $4.5m to $2.5m. Check my posts but I believe that’s when I started becoming more positive. Now, regardless of the cost cutting measures, however welcome they are, the board have spent nearly the ANNUAL budget in six months. What is it that’s making this difficult? I get that they have completed preparatory works for Lixus. It all costs money but therein lies the issue. Chariot have no financial commitments but they still need to continue these preparations if they’re to acquire a debt partner/creditor. So it’s no good saying ‘we have enough money to last two years with no financial commitments’ as work on Lixus is on-going.

That’d be nice Goon.
Whimax, I accept you want to be Mr Positive but Chariot have nearly burned through in six months, what they have stated previously as a years budget. Fair play if you’re not concerned with that, a fool and his money...and all that. I guess you can’t remember the $6m write down which wasn’t declared to us punters. We only found out after I noticed the cash in bank balance didn’t tally with my ‘calculations’. I even got grief from PM for that as he thought, as you do now, that I spout nonsense. I’ve yet to be proved wrong yet in the six years I’ve been here.
I’ve only ever said what I see but you carry on slinging insults and singing lalalala with your fingers in your ears if you like. I’m not ever going to ignore what’s there in black and white for all to read.

...they got out of London.

I’ll remind you of today when we get the year end financials. That’ll be such fun :D

Oh dear Whimax. You’ll spin anything, wontcha? How are my calculations wrong? Have they not burned $4m in six months? How can you sit there with full confidence that the $5.8m will last 30mths? I’m assuming of course that when you say two years, you mean from the 2020 year end? You can close your eyes and cover your ears all you like but that cash burn rate is alarming.

Cash balance 30th June $5.8m. So they’ve burned $4m since 1st Jan. Even in my most pessimistic projections for year end I had them at between $5-5.5m. So then, projecting to year end 2020, Chariot will have less than $4m... sweet Mary and Joseph! A deal needs to be signed and quickly!!!