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You're an optimist Geowiz, daring to question the Jim/Mar narrative. The fact that the management here have done nothing for years (apart from pay themselves well) is irrelevant. Jim has been promising jam tomorrow for a year or more (40p anyone?), so I wonder what's happened there. I did ask Jim a few days ago what his timescale actually is but that fell on deaf ears.
To all intents and purposes this board is simply a dialogue between Jim and Marmited. If your take on the situation differs from theirs you might as well save your breath. They may even be the same person.
I'm not being rude, noix, but what is your point? Apologies if I'm being a bit obtuse.
Would you care to define "very soon", Jim, as you have been saying this is about to take off for a year or more?
Does anybody have a view on the possible effects, if any, of the appointment of the two new non-execs?
I did OK on this share a good while back and have retained a very modest, sentimental interest.
I am indeed entitled to my opinion, Marmited, as are you. I'm quite OK with you disagreeing with me. What I don't like is the pure invention by Jim. GBP have never stated that they are in talks, let alone that those talks are nearing a conclusion. Your take on the situation is based on activity, or likely activity, in the region, and the effect that could have on GBP's holdings. Jim is simply setting out his own narrative with no evidence whatsoever, and whilst your posts are not in direct response to what I've said, he seems happy nonetheless to have you respond to them whilst staying silent himself. AIM has enough pitfalls - I don't see why prospective shareholders should be faced with supposedly factual statements here which actually have no basis in fact at all.
I notice you have risen above my recent posts, Jim. I take it you are not about to disabuse me as to my view of the basis of your assertion that we are in talks, and that they must be near to a conclusion? That is, that it is based wholly on GBP stating that contact has been made (and "further contact" , of course), rather than them actually ever saying there is any ongoing discussion.
As I've stated before, I believe that "contact" to have been instigated by GBP, and that it was rebuffed and they were sent on their way with their begging bowl unfilled. It simply remains for the BOD to continue pi**ing away the cash. Once they've done that, anyone who is remotely interested can buy the whole shebang for a song.
Sorry, I thought we were talking about GBP, this being the GBP board.
Shpunken, my point was that you stated that it would be VERY profitable. In your last post you've actually just repeated what I said!
They were the releases I mentioned. They do not state who made contact with whom, nor do they state talks are ongoing.
Unless I've missed something, they are the basis of Jimarillo's assertion that,
"We are still in talks and they must be very close to concluding . . .".
Thin gruel in terms of evidence I'd say.
Shpunken, if the numbers are hot air, what is your statement that if it is commercial it will be very profitable? The two don't necessarily go together - it could be profitable to an extent, quite profitable or very profitable, and any number of other levels of profitable.
It doesn't help to seek to undermine others when your own utterings are as bad.
Jim, will you please tell us when GBP has ever told us they are in talks? You keep mentioning this as a given; I believe it to be your own interpretation of their comment a while back that contact had been made, and then that further contact had been made. They never said if they had been contacted, or if they did the contacting, nor did they mention any ongoing current contact of any kind as far as I know.
Really, if you are putting this forward as a fact you should provide some evidence. Otherwise it's more wishful thinking, ranking alongside your "40p anyone?" comment many months ago, and the endless "good news around the corner" posts going back into the mists of time.
For the record, my view remains that they have contacted other parties and have been given the bum's rush. Their carefully worded releases are what convince me of that. Believe me, I would like to be convinced I'm wrong, but while we chat the board are paying themselves quite handsome salaries from an unreplenished pot.
Reggie, I for one, while not saying the CEO is an outright liar, would be very careful of what he says and doesn't say. I don't think he's been exactly a straight shooter in recent weeks.
If Gil knows, it might be nice if he told us without our having to ask! I'm certainly not laughing.
We're down over 5% half an hour into trading. Would you consider that a good start on top of the panning we've already had?
Things have been warming up forever according to your posts, Jim. By your lights they should have boiled over by now.
See you're back on the ECO boards, posting 10 day old news as if it were just out and placing your own interpretation on it. The fact that your interpretation has no connection to what has actually been said seems strangely familiar from this board.
Huge? Even Gil's purchase was the merest fraction of his existing holding. I think it is unwise to see the director dealings as an expression of the directors' confidence, rather than an exercise in seeking to preserve the confidence of shareholders, who might be inclined to leg it in the face of, to put it kindly, poor communication from the board.
EAS10, I agree. I think the BOD purchases were a propping/confidence exercise. In view of the latest news, and the fact that there could be more to come in the same vein, I'm not convinced it will be enough.
This is not deramping. I am in here and have been for quite a while. I hope for success but am taking Gil's words and actions with a massive pinch of salt. Three months and we still don't know fully what they've found?
Three months to tell us this, and it seems we still don't know the full story. I'm sorry, we're dealing with crooks here. Not looking forward to Monday.
I think it's a bit disingenuous to assert that the money comes from his own pocket, so that must mean he's confident. Wherever it came from (and I'm not certain it is his personal money, in the sense that he's raided his Post Office account), if it bolsters the share price it is a means of protecting, or seeking to protect, his own holding, never mind what else it does. When you have the number of shares he does, stopping the price dropping by a penny actually means something.
Forgive me if I sound skeptical, but Gil has a hill to climb as far as I'm concerned in terms of trust, after recent events. Eyes open - this is AIM after all, but at the moment I'm not falling for this BOD share buying. It seems to me a very transparent ploy to keep shareholders onside, and the SP stable, rather than an indicator of good news being around the corner.
Thanks. Wondered if you felt it might be anything more specifically sinister. You do need a sense of humour on AIM, don't your, or a predilection for being messed abot!