Correct11 Nov 2022 17:36
Correct levistubbs,
Darren’s used car sales pitches are the least of our worries as investors, it’s hos bad actions and decisions that have severely damaged shareholder wealth creation and will put off potential investors.
Despite his earlier claims, there can be no doubt that Darren is no different to the likes of POWs Paul Johnson and KAVs Ben Turney; raising money badly, doing bad deals and spinning negatives as positives.
A dose of honesty would do his credibility the world of good.
Not only has he raised finances on bad terms but the reason for the raise has not been achieved.
It’s a complete and utter failure.
A few of us on this forum stated they where drilling too late; that Darren had gone radio silent after the raise; that they where risking problems drilling upto the winter.
In some ways he actually got lucky the snow came later than usual.
I hope any holes drilled so far are stuffed full of rare metals we can all look forward to early retirement.
However reality tells me the lack of a credible drill programme, a lack of geological data, Darren a master of dump and spin, etc points towards a year of terrible disappointment.
You want a competent CEO, not a chancer, not a blagger.