RE: Trading pattern19 Oct 2023 13:20
You stated people can't accept the facts, yet you list many facts that people more than happily accept.
I guess what you mean is that people won't accept your opinion of what these facts mean for the company. I also notice a few opinions creeping into your fact list already.
No mining plan: Agreed, a fact
Likely cant raise: An opinion, not a fact
Can't sell the concentrate: Again, an opinion. The fact is, that we haven't sold the concentrate as at the last official communications.
Insider that sold out: Yes, they did. They claimed a cash call. You either believe that or you don't. You're opinion of that is that it was suspect right? I'm willing to take it at face value. Also, it was well before the war so I see no reason this has any impact on the current circumstances.
Board speech: An opinion, yet again. Seems to be you just being a meanie really.
So in summary, you had so many facts to write out you couldn't write them all out, yet about half of your most pertinent ones are opinions.
I'm rather surprised you haven't mentioned the assets are located in a company that is currently at war, or that the SP is whatever the SP is at time of posting. Again, more actual facts which I'm pretty sure everyone accepts as being true.
So, it goes back to that you really mean your interpretation of the facts is that the company is doomed, and you think people who interpret them in a different way are wrong? So it's not actually people not accepting facts?
As for the positives, the BoD have stated multiple parties are undertaking DD and that they are hopeful for a sale by the end of the year. These are statements from the people that should know the best what is going on and, given the nature of the war in Ukraine, I am inclined to believe that they are telling the truth about what is happening and their expectations for when it will conclude.