Member Info for Watcher36

Am i missing something here? If so please educate me as to how to a royalty payment would work in this instance and how the person receiving said royalty would not want the highest amount possible?

You think they will not be interested in how much % royalties from future sale of gold they receive?! Are you crazy?!

jersey crew - i think i have to agree with lastofthesumer on one key aspect...

business is business - its a cruel, badass world and the successful people are cold and gobble up any opportunity to maximise own personal gain. i think everyone here can agree on that. the point that lastofd raised about they having gcat over a barrel is a very valid one.

the new financiers will have seen the decline in sp from over 1p back to where we are in 2023. not a good look. they will have also seen the raises taking place and have done due diligence.

they will also be aware of what happened with the previous deal...

so they will know that gcat is desperate for this and in business when you know you have the better hand you play it accordingly to maximise your personal gain. in poker if you're sat with a nuts flush for example you know you're winning the hand. so the motivation becomes about how you maximise how much you win in thay hand. you may cheque first hoping your opponent raises for example.

the new financiers habe no time for sentiment, niceties and being polite. thats not how these money leeches work. so be prepared that robbie and the bod will be forced into accepting a weaker deal for gcat. that's to be expected given the current circumstances. at this point shareholders would just be greatful with any deal and that will be known and is clearly understood by the market hence the current sp.

rms job will be to maximise the best of a ****ty situation. realism is always needed sir.

Morning all, enjoyed the interview so thanks for posting.

With suspension coming tomorrow i think I'll sit this out rather than average down...been burnt with this situation many times and i will only trust Robbie again once words turn into actions.

Good luck to the brave ones hanging around.. I'll leave what i left to roll and see what happens but will not be adding thats for certain. Good luck!

Keep shorting Jag....adding fuel to the fire so you're most welcome here encouraging more people to short.

Please continue

Didnt sell all which i posted shortly after....but you pick and choose what you present on here.

You could do well as GCATs accountant

It will come soon Getupthere...

Patience.

The fireworks will be worth the wait.

Speaking of Guy Fawkes...

Sj GCat.

Im still invested and deep in red.

Will not be investing any more to average down anytime soon. Especially seeing as its money tied up and who knows what happens during suspension.

Basically if the financing doesnt come in this is done for and yoy will not get chance to sell.

Same time if financing foes come in it will reopen much higher and i will lose out on fair amount of gains...

My point being if i could trust RM i would average down now....i dont, so will not

The target production levels, never hit.

The production figures that are never clear and tally up with input ore.

The fact we have to go through figures and correct them repeatedly...

Not professional, not truthful.

Everybody knows they have lied about how much they could produce. They always set targets way above what rheu achieve instead of realism. Im all for all setting aggressive targets but the markets dont like it when you underachieve...they also dont like it but to lesser extent when you over achieve as it suggests you havent got your house in order.

The GCAT house is definitely not in order

JC lying is the same as being economical with the truth

JC you are clearly everything is rosey and hunky dorey kinda chap.

The fact of the matter is that Robbie has lied to us on many occasions.

I dont know about others here so speaking for myself personally but i invest my money based on trust more than finger in the air promises that do not materialise.

Robbie has destroyed trust. Takes a lot to repair. Would you take back w girl who slept with someone else...its a rough analogy but that's how investors feel here.

Im not getting hurt again. Robbie has destroyed my trust so i dont believe a word he says now until he proves his worth.

Cant wait for Jags interpretation of Stark saying they're producing high quality spodumene....

Yes shiny....

All the wild and wonderful things happening in the world....thays all the conspiracy theorists fault!!

Joker

Thanks JC - im not channelling my anger at you and I appreciate you re-wording the questions so they may actually get asked....

Funny isn't it that we're more worried about offending them than actually getting to the truth....

Wtf has happened to society where not causing offense takes priority over truth? Says it all

Jersey Crew

Main question is why have they not secured finance when they were in final stages in July and have already let one deal slip through fingers.

Then a whole host of questions....

1. Why announce suspension after a somewhat questionable rise in sp

2. Why have been doing small raises and using closing finance deal as a reason only for nothing to materialise..so what were the raises actually for

3. When is he actually going to start telling shareholders the truth

4. How much money if any do they have left

5. Why were they doing raises when apparently selling gold at a profitable POG

I very much doubt we'll get any truth or sincerity from the clown conman...

Just keep shorting Jag...it will make for an even bigger pop

Cant wait for the lies and deceit

Why is it LegalWolf that nobody is straight with people anymore? The smokes and mirrors routine in stocks is very tedious..its getting worse.

Honesty and integrity have vanished like farts in the wind

You can look at it two ways Jaglith...

1. They struggle for business as their reputation is in bits.. especially if as you hope they are lying nad.tje.plant is still dysfunctional. I agree nobody would touch them with a shi**y stick.

2. They learn form this, they produce the material needed now and take the learnings to put them in a much stronger position for spodumene pegmatite processing.

Depends on whether you're shorting tje stock or backing the stock.

We all know which aide you are on

Tygra the voice of reason and sense again sir 👏👏👏