Kept in the dark and fed on bullshi.......! Qi drawing to a close and no hint of jorc or anything else come to that. Very frustrating and patience wearing thin but stuck in here like many others I suspect. TP
Yes, quiet as the grave. Hopefully not for much longer. Looking forward to the rugby and praying that the Scots can give us a hand by beating the Welsh. Enjoy your weekend all. TP
One of the big frustration with this share is and always has been lack of numbers. We`re fobbed off with the "confidentiality agreement" old chestnut . Thus making it almost impossible to make an objective assessment of the real state of the company. The mcap is indeed tiny so a great jorc (if we ever get one) could well catapult the sp several times its current value. The bod are more than happy to use share holders money maybe they could respect the need to furnish us with some figures. GLA. TP
However we know jorc is imminent and a 30% rise this week would indicate that a cat has been let out of the bag somewhere. Let`s hope its going to relieve the pain for some patient and long suffering holders. It would be welcome after what we have had to endure over the last 18mths or so. GLA. TP
Like many others here I have basically written off my investment. Now 15k down so not ecstatic. However Given the main resource and its rarity I`ll not throw in my hand just yet. We do after all have a mine which apparently produces something. Currently about enough to carry home in a suitcase!! GC much derided here does have a habit of backing more than a few winners and I wonder given his wealth if he would seriously bother with this if he saw it as a complete turkey. Time will tell. I`m here for the long haul as I`ve not got a great deal more to lose. I also from experience know that some of these AIM minnows do indeed dig up a truffle from time to time! GLA. TP
Have`nt posted for many moons but still big holding in here. Hopefully news imminent and good too. AS for "leaking to their mates". Well dont they all!? Anyway its been a long wait GLA TP
WA aussie, forty years since I last set foot on Rotto, Does the Quokka Arms still exist and does still serve a cold one? Great eclectic juke box too as I recall. TP
Good post gmed and totally feasible and of course total conjecture. Not that there`s anything wrong with that.
I think one of the problems here is that as an AIM miner we fall between two camps.
Most Aim oilers and miners are exploration outfits who prove up a resource on their given acreage and the big boys move in with a buyout or jv.
We however are an operating mine which produces a high grade resource albeit in small quantities as yet. Due to our confidentiality agreement with end customers both the client and the quantity are a secret and no amount of bb moaning will change that.
We also have Li in potentially substantial amounts, which jorc will confirm no doubt.
So are we a miner getting back on track after a fair degree of investment, or an explorer ready to sell out or a company looking to a white knight for a financial bung to get us up to the next level.
Nobody really knows hence the drifting sp.
TP
Good post. Many here do not seem to appreciate the timescales frequently involved in mining activities. They can and normally do take years not months to bear fruit.
The "known" we have here is LJ himself. Many years experience in this specific field. The question I`ve asked myself a number of times is " Why would someone with such a knowledge join such a small seemingly bombed out enterprise if he did`nt like what he saw, big time".
Someone will of course bleat "large salary cheque". But he`d have got that anywhere, so what drew him here?
TP
RE: Patience of a saint, and then some17 May 2018 09:44
Agree with some here. Increasingly looking like a sell off.
Will we make a profit or even get our money back??
Ramping up production and laying off staff does`nt really equate in my book.
TP
Good news for us all except for the sub 2p brigade who`ve gone strangely quiet.
Something happening in the wings for sure.
Maybe we`ve turned a corner here. I personally think LJ is doing a first class job but implementing mine upgrades takes time. The resulting effect on sp takes time also.
I need a 100% rise in sp from here to break even but am confident we`ll get there.
What Tracata are up to is conjecture, but you you do`nt buy that many shares on a whim!
TP
As I alluded to in a previous post not all our customers may require the same % purity. 40% is obviously ok for our current purchaser but may not be adequate across the board.
How pure is achievable, anyone know?
TP