The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Hope I'm wrong but I wouldn't be surprised if PC doesn't try and get a share consolidation done shortly in the hope of attracting new investors with what appears to be a more attractive SP .
- for those of us in here though that would be another nail in the coffin ...... :(
Pozz & Perlite Projects / Assets = Good
Assets Appreciating in Value = Good
Right Jurrisdiction = Good
Right Time ( Co2 reducing govn targets) = Good
Just need the right driver ( CEO) here to get this back on track imo ....
It's not just the SP that is pathetic :
Flag Ship Progress = Pathetic
BOD = Pathetic
PC = Pathetic
Constant Share Dilution = Pathetic - 4 billion ,YES 4 Billion shares in issue
Share Holder Value = Pathetic
Sunrise = Pathetic.
Twiggy - "You have taken the interpretation that it means CS is going nowhere and that PC is breaking rules by keeping bad news to himself."
Why are you telling me what I have done when I haven't done any of what you state - most odd -imo you seem to have a very righteous high opinion of yourself ....
Erm Twiggy - "as long as you accept that your view that bad things are happening is based on nothing other than your own pessimism."
Nope it is not based on Pessimism - its based on PC's comments that I have highlighted in previous posts and his lack of detailed updates on our flag ship project - It's based on facts or lack of certainly not on pessimism ........
Justone - yes I hear you and do believe in the Pozz / Perl assets.
However PC is giving us no detail on any of it - which leaves me questioning what is really happening ..... in my view nothing but I would love to be proved very wrong......
Twigs & Justone - I commend your positivity on this news but:
PC is currently damned if he does and damned if he doesn’t -
he isn't - all he needs to do is tell us what's going on with the CS project and come clean - not hide behind the confidentially smoke and mirrors excuse - are we in negotiations or discussions or nothing - as shareholders we have the right to know after such a long period of silence and none of us know anything !!.....
Twiggs - sticking 27 sticks in the ground and claiming a few sites will not make any of us money - a complete lost leader imo to make out that work is going on - we have no full sample data, licenses etc etc, this will take many many years / decades to look into properly and so this will not make any of us money in our life times !
Good point caddy - but most alarming is this "and to mitigate risk from over exposure to one project or resource. "
I interpret this to mean - pozz and perl not going well at all so now we are going back to gold and copper -
Shareholder value - non existent - now im very worried ......
I don't suffer FOMO just saying it how I see it.
Sell - why would anyone who holds here do that - all of us are well under water ( including you) and it does become a bit trite for people to keep suggesting this to anyone who dare to voice a different point of view.
Selling at a loss is just silly no matter who you are.
Aviator why should we take lectures from you here on LSE - we know what you think of us - see your posting on ADFVN below only a couple of days ago:
06/3/2023
20:28 I don't even check it they annoy me so much Loot. No not worried.
theaviator
Reply
06/3/2023
13:57 I'm not worried - however I have reconciled in my head that Q2 will be pretty quiet - Q3 will likely be livelier with positive outcome from tolsa - even if we don't get the contract signed we should know with good degree of confidence which way the wind is blowing off the back of drilling results - from then there is the potential then to progress CS/Hazen - so i wouldn't expect much between now and July/august - unless of course we get an offer from left field
pistolpete100
Reply
06/3/2023
13:35 Anyone starting to get a little bit worried? Am I being too influenced by those absolute fools on LSE?
loot2309
Only 15 days to go before PC releases that RNS to say that all negotiations have come to an end with no deals:
"Furthermore our yellow pages telephone canvassing has come to an end with no meetings booked.
We are now going door to door on residential streets asking anyone who opens if they would like a bag of Pozz for a knocked down price but no one wants one......."
We have decided to moth ball the CS project ...
@Aurora1 - interesting but literally the next line from the quote you have taken is :
"The Company is continuing to target discussions with the large integrated cement and cement and ready-mix companies that could both grind the pozzolan as a fly ash replacement or to make 1P (pozzolan) cement. "
Meaning we have no one interested at the moment and are canvassing anyone who will listen - we have been trying to pedal this since 2020 - but not $1 has been made ( so Twiggy it has been worthless for 3 years how many more 3, 6 , 10 ??) !
Do the Arithmetic folks !