RE: so much negativity13 Aug 2018 13:26
KENJ, I have got no problem with you being here, or posting. My point was, and is, I do not see the point in repetitive criticising of the company and knocking a company we are both invested in, and sitting on large losses.
I know the company have been very selective in their wording in the passed, including the debt renegotiations with pog itself which led to a rights issue at ( in my opinion ) a ridiculous price of 5p.
The rights issue should have been done years before when the company has a £ sign in front of it and had two digits after that. Alas it was not, and we are where we are now.
If a company posts it is in debt negotiations that are going well, I have to believe them, as I don't know different.
I can not believe we will get out of our guarantee, but, I still think there is a chance of refinancing.
I also believe in Fairies and goblins, saw Lord Lucan over the weekend riding Shergar,and also saw a pig fly, and a blue moon. I may be deluded. But I still live in hope. The pox hub, gives us so many more options.
If not just processing our gold, processing other peoples if we have spare capacity. Once that's up and running it SHOULD, give us a much brighter future and the possibility of increased profitability and cash generation.
I understand what you say about the companies you mention, I could add another dozen to that list easily, with lowndes queensway, Polly Peck, QPP Northern Rock etc etc.