What's to be done?18 Apr 2022 09:01
I think many invested here, long or short term are now simply interested, not in the in fighting on various bb's.
But rather;
Is there any real prospect that any strategy DP will ever employ can reverse the dire SP situation, and can he ever generate one of his should've been prime objectives ...
Namely.... Any sustainable Shareholder Value.
For some, this share seems a hobby it seems true. But for most of us, we see it as an investment simple as.
In those terms however. Wether you have been here since 2019 ( like myself unfortunately) or even before. Or you are much more recent. The issue is likely now the same. Just varying degrees of high paper loss.
Share holder value, with the exception of a few Wiley (or disengenuous, depending on your view point) individuals, that in my time here pumped it then ran ...has been quite dreadful. Recently it's deteriorated further of course.
The accusation that DP has to square up to is indeed "lifestyle". He's taken around 6 Million off share holders I believe (warrents and raises). But not produced any saleable or JVable assets to date, bouncing from one to another. That's the sad fact.
All invested hope that changes, and it needs too soon.
AIM BBs are full of day traders pumping and then selling of course. Or talking a share down and buying back in etc. This one has had a handful of both in my time here & it's been fairly obvious.
This OMM character and his cohorts I at least give credit for some more in depth Am Geo talk than most. But nonetheless it's just not performed despite all the rhetoric from them.
Do I think they are a P&D crew. Well actually no. But have they been guilty of overstating the value here, the commerciality, and the timescales to achieve it. In my opinion very clearly. They are also want to be charmless and disparaging to anyone that doesn't see their way. That's also been very apparent. Calling people you have never seen or know nothing about "no nothings", " clueless" and so on.... really is a bit rich, given the progress of this SP and their predictions!
However......We, and only we are responsible for our buying here. I bought before OMM was highly visible. So don't blame him. I made two AIM miner calls in the gold space in 2019. One went great. One (here clearly), didn't. My good, my bad. I have been lucky that the 40k that's frittered away here was more than been made up by the gains on larger sums invested elsewhere. But that's just fortunate, and I know not everyone has been that lucky.
I return to the question though. Is there anything in the near future that DP can do to avoid this skirting round his resourses, can he finally concentrate on the best and make the company and the assets we invested in a marketable concern...?
If not then frankly in the business world I know, he should be duely replaced.... for repeated failing performance.... by someone who can.
Regards.
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