Hi rdncoic, you, EUR, Mr Muller or Mr God can spin it all you / they want!
Oh the dilemma of who to believe. I know who I believe………Uranium? I have researched this a lot and never come across the uranium bit, but who knows? Mr God should! And from memory, the now deleted pathfinder document never mentioned uranium but it did mention the following....
Posted 01-Oct-2016
The reason the Austrian government gave up on “the mine”
Quote - " Unzoned, undifferentiated spodumene-rich pegmatites hosted by amphibolites and micaschists. During the 1980s, a prospection adit was driven. However, the ore turned out to need elaborate processing to enrich the spodumene, making the deposit unprofitable, so the prospect was closed in the early 1990s. Meanwhile, the adit has been backfilled, the dumps largely removed and the area recultivated.
Currently (2012), new prospecting and drilling work is being done by an Australian company." End quote.
http://www.mindat.org/loc-5609.html
Then it all went very quiet until the AIM attempt and then the ASX backdoor listing.
https://hotcopper.com.au/threads/commencing-countdown.2905154/page-289?post_id=19562636#.W-0rXNIzZhE
To quote Kiwi67……posted 21-Dec-2016
“We don't like managed but what has that got to do with innocent people??
Is Stash one of those innocent people when he believed Sage, Brewer and crew back in 2012-2013?
When he believed they would develop this 30 year old mine back then? When he gave his hard earned cash and they delisted of promises of AIM listings.
There was zero reason that could not have been a dual list. Non!!. Now he gets a years escrow just to rub the salt in the wound. (Giving the players first chance to unload)
Do you not ask yourself if the story is so good. At the height of a Lithium flavour of the month. That they could not find anyone interested in this in the UK?? Twice out of 64m people???!
That they bring it back to the very country they said they was not enough interest as a reason to go to the AIM. (In Annual) http://europeanlithium.com/wp-conte...-European-Lithium-Ltd-Annual-Report-v1201.pdf
A project that goes right back to Sages mate. Mike many names. Who is hidden from view in the top 20 despite him clearly being listed in the AIM path finder
There is a reason that no one was interested.
Do you think Stash would have liked a heads up back then??
If you chose to check the history. You would see we were here way before they relisted as EUR.
That I was here when Peter Landau was a director. 2012!
I really don't care if you listen or not. You clearly are only interested in reading the power points they wish you to. That will be your undoing. I have seen a 100 of you over the last 6 years once my eyes were opened.
You wont look at what we are posting. You wont look at the players. You wont look at the resource that has been deemed uneconomical for 30 year. The thin veins. The ever lowering gardes which I note is just 1.17% now. You wont even look at the dilution that must happen!!
But others just might. Others might have a look at the managements history. Others might look at the history of the mine. Metoo does great work on this. Others might look at the huge dilution that must happen. The TA showing it following a downward channel.
I must say you are starting to remind me of Freddy at CTR. He wouldn't listen either. Did his whole redundancy. Later he shared the emails from management with me. Which I used at ASIC.
You need to put a capital protection plan in place mate. A point where enough is enough. A point when you just cop it on the chin while you have something left.
This is only going one way. imo. You can deny all you want there is raising coming. That IS going to happen. They do not wait to be out of money to do it. When you have been in this long enough. You know the tell tail signs. I'm yet to see a raising where positive new follow was not orchestrated.
The players want a quick 20-30% on their investment. That means a base to off load too. That means a buzz needs to be created. That means forum shepherds as we have seen!
https://hotcopper.com.au/threads/an...3124940/page-57?post_id=21497339#.W-0pFtIzZhE
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