CGB (ASX) Is the new CGB Business plan Vastly different

Originally posted by Basileus: ↑

Assumptions are a dangerous thing. However, if you look back over my posts you will find that I actually made some reasonable dollars trading this thing when bauxite was being pumped up. Anyway, you are free to imagine whatever so entertains you.

I have viewed comments alluding to and questions enquiring about the possibility that management may or may not be concerned about funds being withdrawn from the placement.

I would imagine that they would care greatly - in my opinion. Why ask for funds if you don't care whether you actually retain them?

The next quarterly report will make very interesting reading - I think.

I have also viewed, on past occasions, commentary alluding to and questions enquiring into whether holders can withdraw their applications. I suspect some might like to take advantage of that option - if they could. However, I thought that opportunity had passed - if there is information noting that applications can still be withdrawn it might be useful to have it posted.

The attacks on posters who question the state of things is profoundly churlish - I think.

And as for the notion of contrarians somehow 'discrediting' CGB - do posters not think that the sheer number of prospectuses - the total spend on related party transactions - the substantive change in the Medcan deal - the trip to China - is enough to enliven the issue without needing to reference HC posters?

Nothing of what is occurring has anything whatsoever to do with what anyone posts on HC - in my view. I think that the commercial machinations of this company are its responsibility and it has nothing to do with posters. Is there a poster here that is responsible for the 12 prospectuses - I think it's 1 original and 11 supplementary documents? It is very easy to lose track. In my opinion - the chances of the goals of the original prospectus being realised are now very, very slim. I could be wrong. However, I found the change in the Medcan deal disconcerting.

"Let food be thy medicine and medicine be thy food Hippocrates, father of medicine" The Hippocrates quote on the CGB web site - priceless.

So what are investors left to think about the bauxite interests? What's the progress on the ML? Surely that question can not be too hard to answer. When was the last bauxite update?

“Never underestimate the power of stupid people in large groups.”
Harlan Ellison

Expand

Got to be honest Bas,when I enquired about refunds from the spp I was reassured that a comprehensive update was being prepared and about to be released to market !! And that was nearly a month ago so needless to say I was happy to get my refund cheque in the mail today.And I’m a industry believer!!! Got to be a bit concerning for management as I think there must be plenty more like me,I now pray my original $40k will see another trading day,,,, management response ?????

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

ADD

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

HotCopper Highlights: Your most watched stocks for Week 48, 2024

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

RSG

Resolute shares bounce back as second payment made to Mali government to secure workers' release

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

MIN

Got to be honest Bas,when I enquired about refunds from the spp...

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

HotCopper Highlights: Your most watched stocks for Week 48, 2024

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

Resolute shares bounce back as second payment made to Mali government to secure workers' release

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Ice-cold winner: Cryopreserver Vitrafy escapes November's IPO struggles to end debut week higher

Got to be honest Bas,when I enquired about refunds from the spp...

Top Stories

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

HotCopper Highlights: Your most watched stocks for Week 48, 2024

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

Resolute shares bounce back as second payment made to Mali government to secure workers' release

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Ice-cold winner: Cryopreserver Vitrafy escapes November's IPO struggles to end debut week higher