And I sincerely apologise for saying management abysmal. Silly of me. Just can't do all alone.......!!! |
Forgiven? Hope so ;)Lets move forward.... |
Its difficult to put it into words without sounding like a condescending idiot towards Patrick. Not my intent. He is a geologist. Brilliant one at that no doubt and without which we wouldn't have found what we did!!! However.... Company needs a business head to bring out the talent... Not pushing PC out of a role but someone working alongside. Have to move forward and try to encourage Patrick in the right way if a few of us can coax him. Don't know but I will try. Frustrating and easy to point finger. Hands up I threw toys out too but v V frustrated.. anyway hope all my thoughts are clear and I also hope Patrick has a really big think. Nobody can do all alone in a good business - needs the right team!!! Spanish I like as a family culture but in biz they can be Bar Stewards! |
Welcome back Aviator that’s more like your old self. |
Fire ask that question of aviator he’s been hear long enough.I thought he had left the room,must have changed his mind. |
 Hi Fire, I don't think he has misled. One thing Patrick is not is dishonourable in fact the opposite. I'll always defend him and that. I think he had possibly just no idea what he was getting into with industrials again or didn't expect the time lines and or hard ball the likes of Tosla play. My advice to Patrick and I do and always liked him alot would be to tell the Spanish to get stuffed now and move on. They had LONG ENOUGH!I've had some experience with them in biz and they are VERY difficult. I would also be getting a closer team employed and for Patrick to stay back a little more. He is a soft hearted man by nature. The problem now is the share price and lack of irons in fire. Only way he will raise now is through clns again. Once more this was a grave error and difficult decision.Am going to have to have a think but he does humbly need guidance and I hope he reads these boards with some of us investor types with the caring intent they are meant. The assets are good. In fact more than good. The company position however is not good. I would be perhaps looking to split the company IE partner now with a larger and to use the other's skills for the betterment of all. He needs to be looking at honourable VC outfits. |
Dave . Putting g tolsa on the shelf for the moment . DO YOU NOT THINK PC has misled investors? He has made some pretty stupid comments over the years that paints a completely different picture as to the performance .direction and stability of sres. |
And some been here long enough to put up with this nonsense. |
You like to make up your own lies to suit you! Been less than enamoured here for ages and pointed it out. Blame the chief not me little boy! Aim IS high risk sometimes reward and that is the fun about it. The assets are solid but management abysmal. Happens.. Cest la vie. |
The key with Tolsa deal is as follows.Who advised Tolsa to buy other claims around our site and how do they now sit in the future should we find another partner.I do hope our agent got it right and our 2 mile outer limit sill applies. |
Chuckle chuckle. I took a risky punt at 0.04 and always advised it was in anticipation of a dead cat bounce since my view has always been that this will eventually head to nil pence (se my previous postings). You on the other hand have been declaring this a solid investment all the way from 0.25p and have been advising readers it was bound to treble in a day and those who were not invested would miss out. You are hopeless. |
Told you things were going south. You didn't listen. Oh well , you can't win em all ;) |
 IF Tolsa had intended to hand over the data then they would have already done that. PC has nil ability to force them to do so since he has no means to undertake litigation.
As for other interested parties, well, not sure any exist - it seems he entered into an exclusive agreement with Tolsa and so others were not involved-to suggest he only became aware at the last minute of Tolsa's stance not to proceed but he is aware of other parties that have an interest is not anchored to reality.
What he should have done from the outset a couple of years ago is not granted Tolsa exclusivity and allowed multiple willing parties to participate in the process thereby creating competitive bidding. Instead he chose to grant a single company the right to buy and did so without having alternative contingency plans not least of which includes funds to allow the process to continue. Now he is in a bit of bind - nothing from Tolsa and the shares at an all time low restricting the ability to raise sufficient funds. This impacts not only the Sepolite project but others too.
Aviator - no, you are not out since there was insufficient liquidity to sell a meaningful amount this afternoon. The volumes traded were negligible, unless your holding amounted to a mere couple of thousand pounds - probably the case with you. |
Agree on all your points Dave - but will they? |
Pistolpete Tolsa have no further interest in our site after 28 Dec.they should at least act as agreed.Others should be made aware of how they operate. |
I agree Barnaby...it's not a good place to be... |
The whole point is that tolsa are clearly in no rush to hand over said Data Dave....what can we do? Write a strongly worded letter?? |
Should be no talks with Tolsa until all results are given up as per agreement.We should proceed with sale of site without delay.These points should be made via RNS.I will ring him Monday. |
Read it what ever you want to read it Pete. It’s pish!! This must be the worst rbd I’ve read in 15 yeas from Sres. |
No he is on the back foot. Weak... Actually weaker than weak. Not a biz strategy. |
I'd read that the other way round barnaby... |
Open to discussion. Looks like pc thinks he can play hard ball with Tosla and change the terms of agreement |
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