Member Info for SnipVW

anyone checked out the real estate listings recently?

FMG is a great company, very well regarded and brilliantly run, as is his foundation, Minderoo. I've met many people who work in both and by all accounts, AF is an exceptional person. As a local and significant investor, there can't be better.

the editing in this is really poor, god knows how many hours of videoing they needed to be able to cut this down to sub 15 mins. Another poor poor production and update from ECR

Rob Richards is paid in shares I believe, could well be him dropping them before he moves on to his next gig.

I think people have just lost faith in anything this shower does. Amateur hour from start to finish, a prime example being Andrew Scott appointed a Director. Always fun popping onto this board. Nice to see Gino back again this year with his combination of aggression/anger/expertise. No doubt he’ll be here again for another month or so before claiming he’s very disappointed with how things are going and he’s had enough of the board and will be back again next year.

What are we to do if we sell all our property?

Maybe SB thought it better value to stick the $60m into GGP shares for a massive ROI in 5 years :)

Is this a 3rd property that was purchased and not announced to the market, or did I miss something? If we dispose of the 2 properties that were bought for 'mining', what does that do for investor confidence in those particular projects?

177 Bassett Road, Sebastian - just sold - did this get announced?
127 Nagambie-Rushworth Road - announced via RNS sept '21
35 Brewing Lane, Springmount - announced via RNS sept '21

https://www.wilsoncenter.org/event/trade-green-transition-greenland-prime-minister-mute-b-egede

Our core assets are not returning anything that is economical to pursue and no matter how many interviews, presentations, and chat on this board will take away from that. We're definitely in a depressed market but we are not helping ourselves. We are running out of money quickly and our non-core assets are not too easily cashed in. It would be nice to know why the Creswick license has not been issued, there must be a reason that it is still in limbo for all these years, why hasn't the BOD given some insight into this?

We now sit with 1bn+ shares in issue, a 10m MCAP and between cash and hard assets we are probably worth around 4m. I feel we still have a bit to drop and then will come a raise but there have been no results in the last 2 years that make us an attractive investment right now so we are bottom feeding on the brokers who will take us on.

Things are looking grim but one good strike can change our direction and I guess that's what we cling to in times like these...

GLA

The CEO, RR, gets paid in shares I believe Sophie has shared previously or has that changed now? If that is still the case then the 'management' picking up 20% really means nothing.

It's hard to get the tone in a message :) I can't see anyone rushing to buy the Philipines license, certainly not before we run out of cash. I was more leaning toward the property we purchased recently for the massive gold mine we were building! Let's get those Chinese property investors back on the phone.

There is absolutely no way they're waiting until they get close to £0. Generally, you will raise 6 months out I think? What are the non-core assets that can be sold?

What BS has been spouted today? Really, I’m interested to know?

You obviously do this for a living and think that posting on these boards has some sort of positive impact to your own benefit. That’s fair enough if that’s what puts food on your table but you can’t complain when real, private investors call out the totally crap that you and others post on a near daily basis.

I think you're confusing contributing with ramping. Happy to be corrected though and if so I'll never bring up again. Tell me something that he has 'contributed' that has not just been wishful thinking, and subsequently been wrong? If memory serves me I believe he entered this board just as we were leaving 1p and the ramping by CB started, maybe just at the beginning of lockdown no.1, and he has been pushing ever since with the just wait, something's going to happen, we'rejust around the corner...

Everyone should be panicking. TS you've done nothing but spout nonsense on this share for the last 2+ years, along with a few others. How do you know how much cash is left? Adam's 'appointment' is nothing to get exciting about, why would it be? He's looked foolish in every single interview he's given and nothing he's said has born fruit.

I'm still holding some of these in my SIPP and have written off every seeing a bit of that money back. 100% there will be another massive dilution coming very soon.

To be expected when they announced an investor presentation, unfortunately. Onwards and upwards. Really hoping for a very aggressive drilling program starting in May.

Could someone post the date at which you need to be holding to receive the next dividend payment, please? Thanks,

I believe Rod M took part in a Zoom call just before Christmas giving a timeline of events.

So it's basically someone trying to fill a larger order?

Can anyone help me understand why there are 3 UT trades today already? Thanks,