Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
Xenor. When the compnay starts posting 12 year old previous ownership successes on their website - I'd say alarm bells should be sounding. I thought the SP was supposed to launch once new debt funding was secured? Hmmm.....
When will you finally realise this is nothing more than JW's golden egg at the expense of shareholders.
Lottie. You said, "I am still optimistic that the plan will work but as i stated at the last two investor events...JW is very poor at managing expectations."
Until I sold out, I was here from before JW came on board so I'm very familiar with his modus operandi, as I stated in my earlier post - Over promise, Under deliver. JW likes to promote his long pipeline though I think most here are realizing that it's his nose growing not the pipeline!
Nothing ever changes with this BOD of clowns! JW softening the inevitable blow of record year end loss.
Aim. You say, 'For me, when I hear names like gonzalez or plumber or bankrupty, to me, it means taking comments as a pinch of salt and believe there's a group working together yo manipulate the price.'
Here's some interesting research for you.....
Losses since JW and AR arrived:
2018 - Β£963,413
2019 - Β£1,182,712
2020 - Β£10,409,873
2021 - Β£25,508,270
2022 - Β£70,357,333
2023 - I'll give you very good odds on Β£100M +++++++
Can we see the pattern emerging?
The CEO doesn't need any help from me to manipulate the SP - he's quite the expert!
"There is a lot of speculation about what all the companies involved are going to do. There is no hard information and people are genuinely worried."
Crikey! Is Steve Sims referring to the Isles of Scilly residents or HARL shareholders?
Xenor. You say: Speedy, I won't lie - my trust in JW does get eroded each time a self imposed deadline is missed or revenue is deferred or break even is delayed. That's why I see hitting these targets as crucial. Once I lose trust in a CEO I sell and leave the board. That's what I don't understand with you and others who lost trust long ago. You sold out but are still here trying to convince others to sell whenever the share price is struggling (never when it's high).
Xenor. Thanks for your thoughtful post. I don't lie, though my memory is not what it once was! I was just like you when I invested in INFA/JW/HARL. When I finally lost trust in JW I left! Please believe me when I say I have no agenda here. I can't speak for others here sharing similar comments, but isn't it possible they too feel burned like myself? Perhaps I'm just hoping for Karma, to see JW fail and be disgraced in front of all the investors he 'creatively convinced' to invest 'in him'. Check my posting history, you'll see I was 'a cheerleader', come hell or high water! It felt good to be 'protecting' my investment against disparaging comments. That's also why I won't promote JW's agenda if the SP nudges higher. Why?
In my opinion, fundamentally nothing has changed in the way this company is run, by one man, his finance partner and the feckless BOD. While always being promised shareholder value, the real truth of daily goings on are never shared with the shareholders - thank god for the financial audits! It's the only time we are 'allowed' to see the success or failure of the CEO and his BOD. Since he arrived JW has NEVER posted a profit. His dreams always exceed his ability to fiscally achieve them. Hence debt has constantly ballooned and SP devalued. Since JW's arrival at least 7 placings have been replaced by a debt facility that constantly struggles to keep up with the cashflow. When will the creditors say enough is enough? How much are they likely to recoup from present assets? Honestly, what would any reasonable investor think unless they are convinced of that dream around the corner, or at the end of that huge pipeline? Alas, this is AIM so there are always chancers with more money than brains! I thought I was smarter......I was wrong. I trusted the man but he can't be trusted, IN MY OPINION. I have paid a price to say that.
From day one he has 'hyped everything' in order to empty our pockets in our chase of that multi bagging dream! Though I've failed to find the statement, I recall many years ago he actually stated that he expected the share price to reach 10 or 11p (before the 100/1 SP consolidation). Seriously, what would you think when the boss says that? Was / is the man just being honest and trying to 'help his investors' or does HE have an agenda? Anyway I won't go on, but I recall when you were new here I did try to warn you. You've seen how that goes down here. lol!
Sincerely, good luck with your investment. I hope you are more fortunate than other LTH
JFK. You say, "I certainly will not take the latest slump in sp as an opportunity to average down, throwing good money after bad springs to mind."
I did exactly that hoping to stem my losses here. Eventually you just wise up! In hindsight, if my balls were smaller I'd definitely be a richer man! Good luck making the right decision.......
Spud. You say, "Does that mean everyone wants me to post negatively or not?........"
C'mon Spud, buddy..........the truth will set you free! Show all these newbies that they've not done enough DYOR.
We've got real history here, eh? Besides, even though I'm no longer invested and with no intention to again, I'm feeling quite bullied here and could use some support.
Who did you promise that you'd not re-engage? Was it our old resident stalwart knight Mr D?
OOps, missed this part:
So post away, as some obviously need someone else to blame for their investing decisions. ;)
Touche Si!
Good evening Xenor. You say, "My view is that the only thing that actually matters is whether JW delivers on the finance deal and the 2023/2024 targets."
You have told me before you DYOR, so clearly you would have seen that JW's track record of hitting targets is frankly awful. He's set probably 10 times more than he's delivered. He was hired in 2018 to deliver IM. He RNS'd at least 3 times FID will be in the next quarter or half, then next year. Suddenly, and without any warning or forward guidance to the investors, it was 180 degrees reverse - INFA was sidelined and HARL was the new direction. The expression 'slippery as greased snake' comes to mind.
I will give you some freebies tonight. 2 things JW really can and has consistently delivered from day one.
1) Ballooning debt - FACT!
2) Placings - FACT!
I expect there will be more of 1 and 2 before any pipe dreams are reached.
Have a nice evening.
Bubbles. "yes we wait patiently for funding news am sure JW is working on it it daily as quoted in rns nearly finalised."
You might wait for ever for that, based on JW's previous form:
Infa RNS 27/12/2018
John Wood, Chief Executive Officer commented:
"With this offer in mind, we remain on schedule to conclude all matters and undertake the FID by end Q2 2019."
This is FACT........not just hot air, as in the stuff you spout!
JFK, nice to see you're still here old buddy. Sorry for your loss, hope you salvage what you can. Be careful with the new crowd here - not nearly as social as before. If you stick your neck out, they will likely chop it off! Shoot the messenger rather than struggle to answer hard truths. Problem is they are not honest with themselves and too worried they might lose their commissions for posting constant dross here, hoping to attract fresh punters lured by JW's promise of gold at the neverending rainbow. Dream on peeps!
Bubble. Of what interest is that now?
TRUST.
JW has always been very creative at 'generating' so-called shareholder value, rather lack of.
His track record is reflects the demise of SP, ballooning debts and corresponding loss of LTH confidence.
Perhaps the next barge name should be Ponzi?
Infa RNS 27/12/2018
John Wood, Chief Executive Officer commented:
"With this offer in mind, we remain on schedule to conclude all matters and undertake the FID by end Q2 2019."
Any other past or present LTH's care to chime in with more JW porkies?
Perhaps then the new crowd will take off their blinkers??
TDF.
ex LTH = β
Trusted / believed in JW = β
Invested heavily on his 'directions' = β
Lost faith after countless deceptions = β
Took the loss @13p to restore life balance = β
After all the contract wins, SP still lower = β
Debt continues to balloon = β
SP continues lower β
Shareholder value continues lower = β
Those two words are incompatible. The merry go round continues, JW promising more and more jam eventually pouring out his miles long pipeline. Meanwhile, the debts go through the roof. Never mind, some here say, it will all come good.......but the truth always prevails, after everyone's lost their 'investment'. Not JW and AR though, who are very happy.
Https://www.afr.com/policy/foreign-affairs/timor-leste-is-on-the-brink-of-failure-20230815-p5dwtm
Xenor. I hope you're American escapade is joyful.
I'd be more interested to know who TheDogFarter and Bubble Suhail are working for. Ever since we won FSS it has been almost 24/7 of those talking UP the company. They can't possibly be doing it for nothing?