For what its worth.16 Sep 2020 16:36
FWIW, I may have struck a chord with some here. For others I`m a naysayer. Fair enough, too long in the tooth to bother me honestly. I speak as I find.
In truth I DO actually think this company will come good in the end but when that end will be god only knows.
The GC love in, perpetrated by some posters I find baffling given that under his stewardship the sp has tanked from the teens to sub 1p, a monumental fall by any reasonable standards.
The rubbish he spouted when he first arrived was at best economical with the truth and in reality should have seen him hauled before Financial conduct authorities . Many people invested here on the back of this claptrap which is frankly unforgivable.
He was astute enough to realise that he knew sod all about mining and duly appointed LJ who clearly does. Its a great shame his skills as a miner are`nt matched by his ability to communicate with shareholders. C`est la vie.
If as we were told diamond production commenced last month then a rns telling us a moderate shipment was on its way to customer X should have been posted. If not, reasons for delay should likewise have been posted.
The Ta pipeline scenario, another bugbear of mine has been going on for literally years now. Its always just around the corner, matters in discussion, interested third party funding etc etc.
I`ve no fundamental problem with the diamond or mineral acquisitions if they are value enhancing. However as we know mining infrastructure can and normally does cost a great deal so it remains to be seen whether or not one is capable of financing the other.
Time to deliver is now .
TP