BML 4.76% 10.0¢ boab metals limited

Ann: Project Manager Appointed for Sorby Hills Development, page-23

  1. 1,712 Posts.
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    It remains to be seen if we have a project that requires management, or that it is at a stage where Simon and our Chinese friends need a full time guy.

    - A CEO doesn't project manage the building of a mine. If you don't think this will be a mine, sell out.

    We have a project already that is feasible.. why are our partners still wanting us to drill at our expense?

    - We share costs with Henan. They own 25%, they pay 25% of drilling. In order to do the things every single successful mining company has ever done it requires the deposit to be drilled with tighter spacings. Otherwise no funding, no mine plan, no mine. If you don't get this, sell out.

    The Sinic was just as bullish pre Sorby Hills when we just got Violin Gold project so i am calling him a perma bull .. although his insights may be correct about how amazing Sorby is, facts are the market is absolutely unconvinced.

    - Violin was a good project. I also sold a lot at 1.5c after having bought them at 0.4c. Now I have bought them back. I'm not here to convince the market to buy this stock, I''m here mostly to point out how many falsehoods you spout.

    .. how high would our SP be if we never got Sorby and focused on Violin gold project.. Gold is outrageously bullish right now.. just the smell is igniting SP.

    - Yes, let's make all decisions based on a crystal ball. Go buy a gold company, and sell out of this one.


    This is my 4th year holding, i got into this for gold - liked management but have been frustrated for year due to the SP being so poor with no appreciation.

    - Then you should have sold out, that's not the companies fault you make bad decisions. Sell out now. Make it back in crypto - you seem like a crypto guy.

    Perhaps, instead of getting frustrated at me for not being overwhelmed with bullishness about this project, how about seeing the markets stance and thinking about what exactly it will take for a lit to be put under the SP..

    I might be wrong, just like the market definitely is... but i have nearly 8 million reasons to want this project to succeed, i am a massive silver bug. I dont quite see how we are going to go from a 13.9M MC to a producer.. and i am very imaginative.. IF they can pull out a BCN style self loaned from connotes or similar funding mechanism i predict a Disallowed. I am yet to see Simon pull off his power move but i promise you i will pay him is dews if he is to perform such a feat.

    - You have proven that you have no idea how to develop a mine, so whether you can "see" it or not is irrelevant. You should sell out because you have no idea what is required to build a mine.


    I judge a tree by it's fruit. We have smoke but no fire.. and .06

    - not all trees are fruit trees, but if you want a fruit tree and you are judging this as it has no fruit, sell out and go buy a fruit tree. Imma wait for the flowers to turn into fruit.
    - when I am looking for fire I go to fire-prone regions and wait; usually if there is smoke its too late. If you don't think that smoke is a good indicator of fire, you should sell out.


    Lots of positiviety around ASX materials stocks this morning, seems like we are in a bull run, hopefully we get some exposure to the capital being thrown around the market as people pull out of real estate bubble and pile into the commodities bull run up.

    - sell out and buy something else. I know a guy that has magic beans and you seem like a magic bean guy
 
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