Member Info for yayay

I think, bob and jim, you have slightly missed my point. I am not making excuses for missing a "deadline", what I am saying is that it would sometimes be better for everyone's nerves if companies didn't set such specific deadlines in the first place. But just let the news break when it breaks.

Yep, napthman1, as I've said a couple of times lately when people have been getting agitated about "only 10 days left in July", "only 4 days left in July", I just wish that companies wouldn't set down these unnecessary hostages to fortune by being so specific about when they will do things.

It's only a week or two till football comes back. Surely to God there must be something you lot would rather be doing than arguing on here all day.

"there is a key Native Title meeting scheduled in July"

I commented about this this other day. The key ward here (pardon the pun) is "key". It does not necessarily imply "final" meeting on the matter, or that all the clearance documentation will have been agreed and signed before the participants left the room.

So, don't worry unnecessarily.

AIM companies have never learnt the lesson of "It'll all be over by Christmas". They will specify dates by which things will happen, leaving themselves with a big hostage to fortune and a sure-fire way of giving their small investors, and the markets at large, the jitters.

"Monday morning no news on Native title clearance only 5 working days left in July"

Maybe I'm wrong, but I seem to remember that Native Title News was expected in "Q3". So how has "Q3" become compressed into "July"? Are August and September surplus to requirements?

Yes, there was supposedly a "key meeting" on Native Title scheduled for last week, but to my mind "key" does not necessarily mean finalised for public consumption. I certainly wouldn't want to be a participant in a meeting where the others breezed out of the building and told the world everything was done and dusted, before there were actually signatures on the bottom line.

I've sometimes wondered, Max, where they get this strangely precise figure of 2.7, which never varies over time, even though UFO - as they rightly say - has been making steady progress. It must be based on some calculation of which they are aware, whereas most of we lay people would stick our fingers in the air and say 2.5 or 3.0.

Shut off the 'Share Chat' facility, and just leave the pages 'Share Price', 'Share Trades', 'Live RNS'. etc., so that these interminable personal arguments (almost vendettas) would have no vehicle for their expression and would just die a death.

Hi Rockhead

We pray that the harmonium can keep on huffing and puffing for 45 years, and that after the Reverend Grimm retires the Methodists don't put in an Assets Appraisal Executive and a Customer Experience Team Leader and decide to close the Chapel down.

Regards, y

"After today there's only 12 working days left in July"

What has really been said is "there is a key native title meeting scheduled in july following which the company will have a clearer idea on the timing for production".

How I see this is that a key meeting "in july following which..." does not necessarily imply that the company will be obliged to release any news within 12 working days. "following which" can be very elastic, and a "key meeting" may not necessarily be the final meeting. We do all tend to get fixated on dates.

Don't look at such narrow timeframes, Blakeney. This time next century we are all going to be millionaires! Patience is the key!

Maybe, Slacker, we small PIs could come out of this with a ha'penny in the pound if the Scottish Government would nationalise SGZ, LOL. After all, they have proved spectacularly inept at running everything else, so why not add a gold mine to their portfolio?

When our permissions with the National Park expire? Will the "full production in the long term" be achieved in time?

Blakeney, when they appointed him I remember saying on here, "Christ! Not the Philip Day who runs Edinburgh Woollen Mill! What does HE know about running a goldmine?" Well....

Another point which you may already have discussed (I can't be on here all that often) is WHAT "new guy". It must be a bit like suggesting to Pep Guardiola that he might be interested in moving to Watford Football Club.

The thing I cannot get my head around, BlakeneyP, is that for all those years (decades?) that you and I have been here we have seen time and time again how supposedly 'big hitters' have pumped more and more and more of their money into this, and yet the company has floundered under its management. If I was putting £10k into Jim and Bert's metal-bashing business down the road, I'd like to keep a beady eye on how well Jim and Bert were bashing metal.

No, Max, but I think you get my meaning. I can't believe that anyone of wealth would sell their shares for a minor domestic project which they could surely fund some other way. There must be some business-related reason for moving this money around.

As I said yesterday evening, I'm not fussed by someone selling 5 million shares out of a holding of over 130 million. But it is a bit head-scratching, isn't it? Someone this morning mentioned that the £22k might be money Rod would find useful for something like home improvements. But I'd have thought that anyone with sufficient wealth to own 130 million shares would have enough bunce knocking about in an instant access savings account to pay for home improvements. After all, we all say "never invest what you can't afford to lose", don't we? Intriguing.

He sold 5 million. He still holds 132 million. If he'd sold 130 million it might give cause for concern. If the market makes the share price plunge on this trivial transaction it'd just show (yet again!) how absurd AIM is.

Ah, Eck, a sane and reasonable face from the past. Hi. WTF has happened to this board?