Member Info for Numptypi

Team 300 is most definitely a ball park figure, and most definitely relates to the share price... it’s just that sometimes people play in much bigger ball parks

If I had major issues with the company, I would sell up and post a farewell message to everyone else, and wish you all well for the future, but Hard luck I am staying put.
So far today 13 of the 25 posts are all from the same person, and they are all spouting doom and despondency... but not farewell. Me thinks that it’s not just the lady the protests too much! ( it’s Hamlet by the way)
So what’s the real reason for such posting behaviour...hmmm

Numpty

So let’s just summarise, Previously there’s been endless moaning about PMc getting incentive shares, now everyone’s moaning about him potentially not getting them. Forgive me but isn’t that the general idea with incentives.

Cobra8 “ I'm still positive of a sale but my expectations are considerably less than when I initially invested.”
You have possibly just explained the situation quite succinctly. Our involvement certainly has been frustrating, and the resolve of some has been tested, ...in order to....
Let’s not forget that the asset is independently verified, the results are solid, the metals are in rising demand and therefore I’m not going anywhere!

Newbie, I’m not a mining engineer, however just with everything else in life, there’s never an end to the work. Whatever is done there’s always another stage.
The pieces of work being ticked off are the unglamorous, dull and boring bits, but necessary nonetheless. This has been another good day for Toral that’s going to be a great day for us, hopefully soon.

The corona virus is something that all companies have to address, but it is clearly a double edged sword that Sophie on our behalf has handled well. IMHO
The update is welcome and hopefully will be shortly joined by many more.
There’s a relentless moan about a lack of updates, but then when one arrives...

Shed, clearly we’d all be better off with stability, but my thoughts were that on this issue, as a company we are relatively well positioned. We don’t have a large workforce, not reliant on deliveries of raw materials, no obvious connection with China or northern Italy and located in a low population density area of a currently safe country. There’s a huge number of chief executives that will be having some really challenging times, especially in the travel industry!

There’s an awful lot of companies with potentially serious China related delivery issues, and they don’t appear to be improving any time soon. The ramifications are significant/potentially huge, and the stock market is reflecting this.
We (or should I say goldquest )are not obviously affected. There may soon be copious amounts of cash looking for a home where corona virus is not an issue, now there’s a thought!

IBM were once asked how many computers are needed world wide, after much consideration they said five. In fairness the computers were room sized, gruesomely expensive and did very little (in comparison with today’s offerings.)
The shareholders were (probably) quite correctly saying “but we’ve only sold two, so when will this f###er take off...oh and by the way, the chief executive is clearly responsible for the situation...” Not unlike some are saying today.
If somebody (let’s call him IBM1970) had said then, that soon everybody would have a hand held mobile device and most households would have computers, leading to profits being measured in the billions of dollars per week, no-one would Understandably believe them.
The thing is both statements were correct, it’s just that the timescale was different. Apple, Microsoft, Amazon and many others have exceeded the expectations of even the most hopeful of investors, but not overnight, and not without a few false dawns. We may not be in the same league, but I do firmly believe in our future... starting tomorrow at 7am will be absolutely fine with me.

Numpty pi

Have voted NO, although I don’t have a particularly significant holding, I am feeling particularly peeved at the way this situation has developed. we have been through a lot to get this far and deserve better than to give it all away for a pittance.

There’s strong and ever increasing evidence that due diligence has been started, the use of pleural terms make it appear to be from more than one source.
The focus on tidying up all of the loose ends in terms of completing “the package” is indicative that we are already within the final phase.
The makeup of the bod and comments made historically would indicate that it was never the intention to develop the mine ourselves.
In short we're going (IMHO) to fundamentally change the company within the foreseeable future.
The shareholders have not been protected as Bobby will testify, and someone has played the sp like a fiddle at our expense. But I firmly believe that it’s now our turn to shine.
We have a fantastic asset, packaged and ready to go...yes it’s been stressful getting to this point and we not over the line yet but it’s going to be exciting.

IMHO Alex 8 was clearly a smart, and very well informed poster. While trading this share he creatively posted selected details to further his position, depending upon whether he was buying or selling at the time. The problem was that he did this too frequently and was called out on it. Once it became widely understood the name became surplus to requirements.
I actually liked A8 posts but trying to destroy share value was unforgivable.

Numpty pi

IMHO, I’m not sure that making themselves redundant is going to worry anyone at all, people like Jesus will be remaining with the project whom ever owns it- for the new owner to lose his detailed knowledge would be sheer lunacy. Others like Laurence have multiple interests already in play, and plenty of opportunities for the future.

Numpty pi

Apologies R o t, have been away all day and just trying to catch up with what you all have been doing in my absence...

Laurence might be giving us a fine impression of king Canute, but the tide of news that we await cannot be held back indefinitely, our time is near...onwards

Numpty

Maps, I am unable to attend, but it would be great if you are able, and much appreciated. It’s a great opportunity for one to one and you can never tell what might transpire.

Changing the subject, Whatever happened to the transport for London bus 70 bus trial.

In fairness you make a fair point considering that the Costa Concordia was driven onto the rocks prior to the captain abandoning everybody else... there are similarities!

But on the Titanic the captain thought that the honourable thing to do was go down with the ship, rather than sell it quickly, grab a performance bonus and get another job on the carpathia (and all while the steerage passengers are abandoned to their fate without so much as an apology).

I remember ken once saying that there are many more uses for our technology than they currently have time, engineers or cash to even consider pursuing. When we have achieved break even( or heaven forbid a profit ) then there’s opportunity to follow many different markets. Until then I am just trusting them to continue with the plan of removing any remaining danger of additional finance requirements. Onwards!

In addition to our FFS, install our tech into all new (1600+ )commercial aircraft in order to facilitate a far more detailed investigation into any future incident. You would know precisely who looked at what, in what order and when.