Member Info for yayay

Tell you the truth, Baz, I'm pretty shell-shocked. OK, there's always going to be bit of a risk heading into an ice field, but never in a thousand years did I expect the Titanic to actually sink. Not after everything they'd told us about her. Hang your head in shame, Mr Ismay. Oh, and I noticed that you were the highest-ranking survivor.

slung at our departing First Minister, I bet Nicole Sturgeon is breathing a thousand sighs of relief that she missed the opportunity of a photo call at that heroic first gold pour, LOL. Let alone putting ScotGov money into it!

popes11 mentions restoration of the land. I feel sorry for the locals and the park planning authority, who batted back all the objections of the eco-zealots and put faith in this project.

I'm not saying we won't get an agreement, napthman1. Far from it, I'm pretty confident it will come. What I'm saying is that organisations like KNAC may be making their own due diligence more rigorous before signing off, in the light of past failings by mining companies, as in this report about Rio Tinto.

At the time I am writing there has been a total of 5,984 shares sold. Which has caused a drop in sp of over 9%.

Although this report concerns Rio Tinto, it may be impacting on the negotiation environment for other miners with representative organisations of Aboriginal peoples, such as KNAC.

Transgressions elsewhere by other miners may explain why KNAC, understandably, would want to be painstaking in arriving at agreements which are absolutely watertight, and why they are appointing a Compliance Officer to ensure that such agreements are strictly adhered to.

https://www.lse.co.uk/news/rio-tinto-has-more-work-to-do-cultural-heritage-audit-finds-n2bwwejp4eukm97.html

It quite possibly could, livestock. As we were saying earlier, the company is plotting Q3 on its own timeline for the native title clearance, and then it said itself that, on receipt of such clearance, the governmental process should be completed three months after that. So we do need to bake a possible six months into our patience.

I agree with you about the new post, cj. The clue is in the job title, "compliance". Although maybe they wanted to get their small heritage department re-structured and running before entering into any new agreements.

But the Q3 was put into the timeline by the company itself, cj, so I'm presume they had some basis for that other than licking a finger and sticking it up in the air? Would they not have had procedural discussion with the other party concerned and gathered from that how long such clearance normally takes to go though the various steps? If Q3 is indeed factually based, then we can have no real justification for expecting any significant news until sometime between July and October.

I think you know the answer to that one, Lincolnite, LOL :)

Lincolnite, HH, I would of commented myself.

Great surprise in the village that the Hon. Basil (Mark 1) has not flown home from Benidorm to join his father, Sir Jasper, in the paddock at Cheltenham as they parade the much-fancied Champion the Wonder Horse.

Your typo was subliminal, Troajan. It must have seemed like 1992 since we've been waiting for SGZ to come good. But, yes, you were right the second time. 1892. :)

The very best for the future, Ohmni. And I admire your honesty in sharing with us. With most posters you haven't got a clue as to whether they are really multi-billionaires or living in some mouldy bedsit. May it all work out for you.

I suspect we all get a bit of the heebie-jeebies because subliminally we are influenced by the duplicitous and wicked ways in which newcomers dealt with native peoples in the nineteenth century, such as the utter betrayals of Native Americans by the white man, and the legacies of resentment which this inevitably engendered. But that was then and this is now, and fortunately we working in a different climate, with sincere mutual respect and - as cj hints - to mutual financial advantage

Sorry, cj, I have been away from the board for an hour or so. But I see that max has provided the link. I suspect (and it's no more than that) that their temporary halt on Native Title work might have had something to do with getting the new compliance officer in place. That post would (by it's very title) not seem to me to be necessary for the actual negotiations of agreements, but it may be that they didn't want too many new agreements on the desk of the compliance officer as soon as he or she started. As I say, it's all surmise on my part. My informal enquiry direct to KNAC about any clue of progress received a very "straight bat" response, but it was at least enough to reassure me that people at our end and and at their end are "on the case". ie they didn't reply "IOCA? Who the dickens is IOCA?"

Too right, Barrett. The UK would bite your arm of for 5%. It did hit the miners yesterday - principally and unfortunately AA - but like you and cj i think this might be a temporary blip.

I pay the price for getting up at a civilised retiree's time of morning and following things late. Timber? Where has timber suddenly come from?

cjmorley, if I have any qualms it is the same as your "biggest fear". A bid at 1p would be over 100% from where we are now and would make a tidy little packet for Board members who have put their money in recently, but would be a severe disappointment for those of us who have waited patiently. It might happen, it might not, but it would be a shame if it did.

Do you know what this conversation has suddenly reminded me of? A very good friend of mine always says that I "overthink scenarios" and have a constant default of "catastrophising". I don't know what she'd make of boards like this! Maybe we should all try to stand back from 'This might happen, This could happen, What if?' on a truly global scale, and it would be better for our blood pressure if we adopted the same strategy for our investing as I do for my gardening... Stick it in and hope :)