Member Info for Ojay

LondonSuede on acid....

A ping pong tournament?

Did anyone of you actually pose any tough questions at the agm?

At this point I have no idea why THE HELL THE LAND PERMIT HAS NOT YET BEEN ISSUED let alone WHEN IT WILL BE ISSUED.

Is this such a complicated question?

Why the hell is this taking so long? What are the problems preventing the issuance of the LP?

Doc: What type of raise - other than for working capital - would go down well then?

Always appreciate your positive outlook for PM.

Good job Manro - just hope you didn't make things worse; it's bad enough as it is.

I would be (pleasantly) surprised if you get a response.

I agree roxy: In my modest opinion there are not a lot of arguments which would support Chinese activities - irrespective of their motivation. This country is scary to say the least; I just hope other countries/governments have their eyes wide open and do what is necessary to keep them in line.

People: Now as before I don't believe that neither MB nor the BoD are blind to what is going on (unless they've received "brown envelopes" they couldn't resist accepting - which I don't believe).

Admittedly, I don't understand why the LP hasn't been signed/issued yet - simply doesn't make sense. As you know I have no other option than to remain patient - I hate that but that's the way it is.

ATB

B/P: Well let's hope you are one of those!

Thx Thornogson - hope that's the way it turns out (no longer for me but for my children).

BTW: I am hopeful that I soon may be able to add my old boilerplate:

"In Matad I (finally) trust (again)".

And rest assured: I will be selling at least part of my holding at that point.

Thornogson: Idiocy is - hopefully - a temporary state and will change as soon as (and if) the situation changes in favor of all investors. I continue to hold on to that belief. Until then: I consider myself to be an idiot.

LondonSuede: Would be nice if "making noise" would help.

After being invested in PM for more than 14 years (I had my chances!) I am no longer in a moaning mode. The situation with PM is incredibly disappointing - no question. I keep believing this will finally come good (and hope I am not an idiot while doing so).

ATB

Yes Doc: "...leave it [to / the] MB and the BoD..."

Good to hear that you actually trust in MB and the BoD. I generally support that proposal - anything that gets us closer to the ultimate goal is fine with me.

Point well taken; however, unjustiable and ridiculous critisism needs to be countered (the purpose of such counters is not to stop the posts - it's to let everyone on this board know that there is grave disagreement!).

Consequently, I am very glad to see people on this BB like Dozzawba who speak their mind - which helps restore a proper balance. Don't be fooled: the usual suspects don't care about "balance" - that's a lousy excuse.

B/p: So how does it work b/p? Please elaborate.

B/p: Could be that pm/mb have a plan in place which nobody knows anything about. Your comment concerning "lost opportunity" may therefore just be a flash in the pan.

I'm convinced MB would say a lot more if he could do so without jeopardizing PM's interests. Don't forget that we investors are on the sidelines speculating what could or could not be. Ultimately we have no clue of what's going on behind the scenes.

To me it looks like PM/MB has no influence concerning the last signature (or whatever) required for the issuance of the LP.

This is a sh**tty situation.

My modest guess is that those PIs who are willing will need to hold out a bit more.

Manro: I disagree - it's your goldfish who can do better!

Disappointing to say the least. Looks like nobody really knows the cause.

Clearly there is no identifiable trigger for this downfall; in particular, the investment case has not changed.

So: I for one am still holding on and will not be distracted by these type of movements.

ATB

Hope they know what they're doing.