Member Info for SirGBoycott

Write to the requisitioners ..... it’s quite simple ask the person that knows the answer!

Must have been more than one then drax?

Assumes they have an lse account or want to share

Unlike the few there I couldn’t make it ....

well I would have liked to go and could have afforded it (cheaper than London) but I like the few there couldn’t make it this time.

If it’s like the others I’ve attended it’s a nice day out and interesting to meet the people involved that you have trusted your cash to buy asides from that dull and often very short. Had more fun in the bars of Dublin and London afterwards to be honest.

But we can read something into an event we didn’t attend and draw our conclusions from things we have little knowledge of and choose to fill the gaps with what we feel is suitable.

Nothing new but clear backing for the current strategy / bod from the chairman .... whether you like it or not.

Would like to see interims.

"It does take time to explore, find and then develop a diamond mine, but impatience and dissatisfaction with the low share price and the comments of a former consultant seems to have led to the Requisitionists requiring the calling of an EGM, which, no matter how it goes, is disruptive and expensive for the Company"

In particular this part displays a complete lack of understanding, empathy and interest in the very people that have supported this company over the years

I'm sorry but that circular offers nothing new to existing shareholders. Where is the money coming from?
Frankly in parts its almost childish and plays on people fears.

"The Board is aware of the accusation of slow progress in the development of the Company’s assets but the amount of work that can be carried out is dependent on the funds available"

Here lies the problem .... we are raising increasingly smaller amounts at larger levels of dillution

There are always funds available to pay salaries

We acquired a mining permit for Lahtojoki in April 2016 and yet today we are still being told that progress is being made towards securing a mining permit, in fact coming to completion? Can anyone explain this ??? I

Boff - agree with first sentence.

Would I take back my initial investment now if I could and be happy - a bit like cash out on my acca - no

My current Avg is 2.2p and the current SP is as near to 0.9p as 0.5p but yes for some we need a multiple of 5-10 to break even. How many shares on AIM sit hat the case for a lot of investors?

Would I be happier with a higher average and less exposure - possibly but I'm not in for incremental gains.

From a pure project / opportunity perspective we are in better place than we have ever been (except perhaps prior to MCPP tender fiasco) but face a financial challenge (which I think we can overcome). So whilst sunny days ahead are not guaranteed its certainly not daft and depends on how long you are prepared or can wait.

Says Sonic with a plank sticking out his head.
You have a good giggle and stick to posting childish tripe on advfn where there are no repercussions.

Gillie reminds us all there is more to life and you’ll be pleased to know I am going to try and avoid responding but your more than welcome to continue having a laugh at my expense.

I see you don’t mince your words on advfn sonic.

Still here sonic? Better to be poor and honest than rich and dishonest. Or even worse poor and dishonest.

You just can’t let it go can you!

Professor Richard Conroy - Chairman
Maureen T.A. Jones - Managing Director
Seamus P. FitzPatrick - Non executive Director
Louis J. Maguire - Non-executive Director
Dr. Sorca Conroy - Non-executive Director
Brendan McMorrow - Non-executive DirectorHoward
Bird - Non-executive Director
Plus two Geologists - Kevin McNulty and Egbert Gerryts

and no Finance Director to add up the wage bill.

and I'm sure KDR had someone to develop the technical plans a year or so ago ..........

Professor Richard Conroy - ChairmanMaureen T.A. Jones - Managing DirectorSeamus P. FitzPatrick - Non executive DirectorLouis J. Maguire - Non-executive DirectorDr. Sorca Conroy - Non-executive DirectorBrendan McMorrow - Non-executive DirectorHoward Bird - Non-executive DirectorPlus two Geologists - Kevin McNulty and Egbert Gerrytsand no Finance Director to add up the wage bill.and I'm sure KDR had someone to develop the technical plans a year or so ago ..........

We should be cutting our cloth not increasing our costs.

His primary experience is grassroots exploration discoveries! We need to develop what we have and stop sampling every field in Finland.

To assist in .... ‘technical plans for the development plans for the development of our diamond deposit’ .... great plans for plans .... suns it up ..... we don’t even have the plans yet!

The current bod has no support beyond its own holdings which is an indictment itself. If the requisitions get another chance and every vote for is counted then they will win. Lack of selling is a clear sign many are holding for that specific reason ONLY.

Davey ... in which case the RNS and presentations are misleading to quote 6 months timeframes?

Whats involved in building a flexible peaking power plant?
How much is prefrabricated

And lets just think about the business model. How can you have a flexible power generation market if it takes >12 months to build, test and commission a site? Doesn't that defeat on eof the primary objectives which is to meet / fill gaps in short term demand .

No I thinks hes right about at least one thing

Not racked off just frustrated. In my mind the company has made excellent progress in challenging circumstances and built the foundation for great success. MCPP has been a real ***** .... before the SML / tender we were in my mind a hairs breadth from an SDA with SEPCO and lift off, albeit with one project. Now we have four opportunities to progress. The question remains can they get all of these excellent projects at various stages of development over the line and do we have the right leadership and structure to do so. You either believe we do or you don't. If you do buy shares if you don't, fine move on.

There is absolutely no entitlement to a return here. Worse case I am resigned to losing it all, if I wasn't able to accept that it would be in some sort of low risk cash accumulating fund or company pension pot. If KIBO is successful then I open the option to retire at 55 (which incidently is 6 years way) if its not then I'll be back to plan B which is towards 65.