Member Info for SurreyNot123

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Good luck and SML. That's a spicey dicey road to go down, that one!

Thanks Smith.

Just a typical PR statement yea.

I think we're in for a quiet summer unfortunately. With the rug pull in the Philippines, poor PR from Darren and our renewed status as a one hit wonder soon to be operating in a single jurisdiction with no backup plan, the market's going to cool on us.

Gutted we're treading water at this stupid share price, but unless something material happens I don't see why that would change any time soon.

Some extra results from the widened concessions would be great. I think that, and La In updates is all we're looking at regarding news flow atm. Any thoughts?

On what basis? H1 update?

Since the acquisition. That's not to say he didnt do a stellar job getting MTL debt free before we knew who he was, but the last two years have definitely been by the seat of our pants versus delicately orchestrated operations.

La India continues to be the prize cow. And lordy she'll be a whopper.

Darren's transparency concerning all operations in the Philippines has been pretty abysmal. The comms have been latent, and punchy when they HAVE finally landed. Thr news has been poor. It's just not been handled well in my view.

He wasn't forthcoming about the cyanide contamination until way further down the road than was necessary, we were drip fed news on the artifical mining problems (which we've just learned are way worse than has been alluded to in the past), typhoon disruption was handled fine, production volumes and costs are a bit of a clanger. Many people have had to do some serious guess work since thinfs kicked off with Iran, Dupax comms were non existent until it was a full blown non starter.

It's a hell of a lot of disruption with not a lot of yapping from Darren. His hand's been shown basically, and the ONLY thing he DOES have is a fantastic resource that dropped in his lap....thank God. Because if they hadnt pipped La India at pennies on the pound I firmly believe Darren Bowden would be left holding his pole with nowhere to go but to wind down.

He's good, but he's not that good. La India was completely shovel ready and many of the tenders were already lined up before the purchase went through.

Our situation continues to be fine, we've got enough cash, but I don't think Darren's been transformative SINCE THE ACQ

Same with you cuck. Good for you, what does it add today? If you'd held your nerve through those milestones you'd surely be minted by now.

But you didn't.

Seems to be a bit of a fumble on your part if anything!

For what it's worth, I'm not making excuses. These self praising holier than thou posts are tiresome

Unsure what you're adding to the convo there, Broom.

But no, seems to be no mention of further operations of significance

I'd take Hannam with a pinch of salt.

That's Andrew Chubb - bent broker of the utterly naff sale of La India by Condor to his own company - marking his own homework before patting himself on the back.

I don't disagree with the numbers. I do disagree with the timeframes though.

This 7 months is going to feel longer than the last 7 years I fear!! I think the issue is, as well, the swings are going to be monumental now as we're not talking about prospective concessions, ifs and whens. So when something wobbles - a date, a milestone, funding, whatever - the markets reaction is going to be massovely overstated. Traders know it, the MMs know it.

I think DB knows it in his heart as well, which is why he's been so much quieter the last few months compared to years previous. The fact that he's not had great news to deliver hasn't helped this coy attitude and honestly I reckon he knows he's playing it close to the nail.

If he turned around and canned entirely the operations and all discussions in Phillies outside of Runruno - which it's sole responsibility now is to finance la india - I'd applaud the bullish and confident approach.

I don't ever want to hear about the region again, truthfully. Just let the market know it's switched off. Get the cash for la india and shut it all down. That way you can guarantee that it's baked into the sp.

I'm surprised we didnt see more of a pop on the second to last rns, because that news is superb.

I encourage people to go back and watch some of the older CNR interviews on the region as a whole. Mark Childs was a firm believe that la India was just the foot in the door, and the depth of the concessions and multiple veins in the area were only just starting to be explored. His only limitation was the fact we weren't producing, but the project was always pitched at face value primarily, with the land and expand notion heavily hinted at in the background economics.

There's going to be so much gold there that we're not even yet reporting on. The fireworks haven't even started yet

I had us penned at way north of 20/25p by now.

Current SP is depressing knowing what we're sat on in Nica.

I wouldn't be impressed AT ALL if there was an exec decision to spin up Abra again.

Fool me once...

Let's not waste any more resources on a jurisdiction that doesn't want us there, and will clearly turn on a dime.

Look at the good faith and steaming production roadmap in Nica and compare it to the bitter developments in Phillies. It's an absolute no-brainer where Baldilocks is best focusing our resources.

I'm slightly divided on things here. I've said countless times over the years that La India was the project i invested in, regardless(ish) of who was at the helm. With the POG, declining dollar, central bank behaviours and extended concessions - whoever made the "monster" connection is absolutely right.

La india will be a behemoth of a concession and will print money. There's no way that - all going smoothly - Metals SHOULDN'T be a multi bn dollar company.

Even Mark and Jim knew it would be that's why they tried to claw a bit of value back in the second CVR tranche.

Being said, I think the last few months have highlighted that DB simply isn't bulletproof and/or completely transparent. I'd go so far as to say that he's i) lucky they bagged La India in the first place and ii) lucky that he's got enough runway and just enough cash in place with what's left of Runruno to get La India stood up.

Either way, I think Phillipines has faltered and stumbled at the last hurdle spectacularly - we should be well and truly turning our back on the country now. Between anti mining groups, "artisanal" miners that were clearly running a much slicker operation than was alluded to (in the highest grade veins, no less) - it's clear that they need to be left to their own devices, now.

I for one am excited about finding out what other concessions Nicaragua is going to throw out. A Mark Childs interview even many years back had them alluding to multiple high grade reserves at surface and depth throughout the whole region. The additional areas we've seen introduced in the last RNS you can guarantee are going to be loaded with the good stuff too.

It's going to be a spectacular region.

I personally can't see less than 55p in the medium term assuming gold holds.above $4,300. These are the parameters I'm working to.

This time period will be behind us in no time, and the Philippines will be a dim and distant memory.

Keep calm and carry on.

JFC grow up.

Investor fatigue, Lee.

It's brutal with this one. Especially if you're a condorian.

Diabolical start to the year, this.

Most protracted re rate in the history of stocks.

Speak for yourself EL, my CVRs would materially change my annual spending habits actually. I've committed to the fact that I intend to treat myself with that cash rather than reinvesting it.

You've got to step off the treadmill at some points - we can't take it with us!

I stopped reading at "expected".

Mate - you doubled down so hard as well, I'd feel for you if you hadn't made such a showboat about it all - everyone's entitled to their opinions of course. I feel like you and Pedro were cut from the same cloth - both insanely righteous about your superior decision making skills; BB shorting, Pedro selling up to only buy back in at a higher price later.

Maybe you'll present yourself with a little more decorum in the future. An expensive lesson in humility, I'm sure

Somehow I don't think we'll be hearing from benben again.

I hope they cut their losses

If we get an rns that wouldn't be ideal.

Would suggest a leak of consequence.