Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Safe - I understand your frustration - felt by us all and for some a lot longer than for others - but just coming on here day after day calling PC everything under the sun is achieving what ?
What do you suggest / propose to do that can actually add value and perhaps action change ?
Afternoon Treestump:
Quite right to show my change in sentiment :
I'm very positive on the assets here for sure and stand by the fact we are in the right space, right time and right jurisdiction
However PC is showing himself not to be the driver we need - See the comments I made here a few weeks back about PXEN - great assets being hounded by a ****e CEO - once that changed PXEN fortunes have changed ....
Also -why release this RNS literally 10mins before the AGM meeting - this should have gone out last week
- PC yet again hoping no one turns up to question him and his complete lack of competence - The marketing and sale of the CS Project has been completed mismanaged on a spectacular level ..........
Re Cs Project - does sound like we are going cap in hand to the big boys and asking them to talk to us on bended knee in the hope we can get a JV - not like they are queuing up at our front door wanting a meeting and throwing $ at us -
"The Company is continuing to target discussions with the large integrated cement and cement and ready-mix companies "
I interpret this as we have no deals and we are using the yellow pages to canvass anyone that will talk with us .......
Yes I remember an SRES RNS some time ago when the SP was 0.14 and PC said it was very undervalued intimating that an upturn could be on the cards - price went the other way and down to 0.9 ...... LOL
We need cold hard facts on the flagship CS project and not all the smoke and mirrors ..
can't say who we are talking to for confidentiality reasons -
can't say who the major CRMC who left negs is for confidentiality reasons
- I mean come on, will that remain the case year after year here ?? !
What's PC hiding
- if the news is good broadcast it
- but there lies the issue perhaps the news is not good at all .......... cue a smokey room with some mirrors in it - perhaps that's what the AGM meeting room will look like tomorrow...... !
Those who bought in a few weeks ago in the hope of pre AGM news to make a quick few quid are now realising nothing is going to happen ( and that may not change for another 12 months !! :) ....... ) SP dropping ...... and the pain of no communication / relevant news goes on .... and on.... and on ...................
What can we expect in the next few weeks here:
- No Update on the flagship CS project - check
- No other news flow before AGM - check
- Usual lip service at AGM with all resolutions passed - not sure, depends how may LTH's want a director change ?
- SP dropping further to 5 year low - check
- three weeks after AGM and all resolutions passed, update on CS Project informing us that negotiations have come to nothing and ended with all parties - check
The future here is one long long painful ground hog day ........
Love to be proved wrong though ........ :)
With PC and the remaining board all taking shares year after year it makes it very difficult to over through the board - Which I am sure PC is very very aware of ..... !
How can he keep heading up each non useful RNS with the line - "focusing on the development of its CS Pozzolan-Perlite Project in Nevada, USA" - he clearly isn't or we will have had several updates and a deal by now ! -
This board need to join Kermit and the Muppets !
@ man in the know.
I have to agree with you on this now - CS project has had a green light for well over 2 years and since then the SP has been diluted and is going backwards and further backwards ! - disgraceful
A change at the top can work wonders for a share - just look at PXEN - I've been in this for a many years and the company was being driven into the ground by the then CEO Ed Dawson (very much like PC - all talk no action or certainly didn't as any share holder value year after year) -
Eventually the share holders came together to oust him - eventually a new board and CEO came in Summer of 2021 and the company has gone from strength to strength ( and continues to do so) with the same assets but different management - it can be done - PC needs to make something happen asap. !
Have to agree Caddy - we need a detail - DETAIL -!
All the info / news over this last 18 months has all been in general terms - nothing specific and no structure.
An example : the MOU's that were mentioned 2 years ago on the CS Project - obviously these came to nothing so why can't we know who they were - or were these a figment of PC's imagination ?? ?? I could go on ..............
PC it is time to give us a detailed update on the CS project ......... Another year has gone by and no deals !