Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
When I mentioned a raise a couple of months back I got hammered by people who are now talking about it as if it was the most natural thing in the world and always going to happen. You really couldn't make it up. CDF was particularly offended that I wasn't overly excited at Baron's prospects and yet now he is more pessimistic than I am. Anyone feel like apologising or conceding that they were wrong? I thought not.
Whose schedule? That is simply a guess. No-one knows what is happening and Briana didn't clarify anything. When a woman says she is "on the way" she hasn't necessarily left home as I have discovered over the years. She is simply getting ready to leave!
People get exercised because having made optimistic predictions that haven't panned out, they are faced with two choices; accept that they got it wrong or blame someone else. They choose the latter. It's the same right across AIM. Don't ever make the mistake of being right, you'll get hammered on here.
The level of negativity today has surprised me. I have been green boxed for far less so assume that I am going to be joined there by many others. A placing may well be coming unless news drops soon. The turn around in sentiment on here follows a similar pattern on AIM. Warnings have been ignored and realists belittled and now everyone is getting the blame rather than people looking at themselves and accepting responsibility for being rash. I still believe that long term good money will be made here buf pipe dreams need to put to one side.
Fully funded for "current operations". This wouldn't include any costs associated with drilling, besides which every AIM company is 'fully funded' until the next raise. Serious money from a jv is needed but as has been mentioned today everything is very quiet. Those who keep reminding of the asset would do well to heed the Rambler story. Loads of copper but couldn't dig it out cheaply enough.
I see nothing remotely childish about any of what I wrote. You have been caught in a lie, about the green box, and rather than accept this you double down. I note that you didn't address my fundamental point. I have been urging patience and caution since last October which led Spotify to label me a 'neg head' and yet now he is telling me to be patient. Your own timescales for news of a jv or sale have continually slipped. It's fine to change your mind but you could at least accept that this is what you have done. If this is all too much for you then you could put me in the green box for real.
CDF. Two things. 1) you said you had green boxed me and 2) your timescales have always been shorter than mine. My comments about Easter were roundly criticised as being negative and yet now I am being lectured about the need for patience. To use a Raabism, it's almost Kafkaesque.
Those who scoffed at the Easter timescale now saying q3. Any chance of an admission of getting it wrong.....? I said not before Easter but even I didn't tnink it would drag beyond summer. Same old AIM story.....it's the next blah blah blah....
VF. I agree. If we were at the stage that Eagle describes there would have been little point issuing the rns. I can't believe that they are going to say "we've had an offer, oh look we've had another one" and so on. This feels like a significant step forwards but time, as ever, will tell. Roland will get his salary regardless so all the jeopardy is ours.
I have not read many comments that think we have a strong position, just a better one than before. I too have been here a while and have never jumped up and down with joy at any rns, but to view this negatively is a decent feat of pessimism, and I'm something of an expert in that respect.
I'm not one for getting carried away without good reason but this seems like good news at last. I don't agree that it's a pointless rns. Previously we knew that dd was being undertaken and so now we can assume that things have moved on. Releasing an rns costs money so no reason to issue hollow words. Of course this needs to crystalise into something material asap but ssccss seems determined to be negative. I have always said to those accusing me of being downcast that I would be positive when good news arrived that moved the sp.
Rise. As it happens, I am ambivalent about Baron. I have 1.5 million shares so the world won't end if nothing transpires. I am just amused at the patterns that keep repeating themselves on here with eternal optimism regardless of no news or encouraging signs. Any deviation from that view and inyo a green box you go. It's something of a badge of honour given that my forecasts (no news before Easter) have proved more accurate than those doing the green boxing who had us at pennies by now. When there is positive, share price moving news I will be the first to cheer, but I'm not holding my breath.