SPP Participate YES or NOT, page-23

No brainer Hosujan and it's why I said I am buying last week - unfortunately we miss out on options so make it up last week when sp ridiculous low on what my beliefs are how I have been calling it - as appalling as they may be.
Clearly those still holding believe firmly ARU will progress and to commissioning within a 3 year time frame and sp to be many multiples of todays and all the past will be long forgotten - unlike others I do not for see a takeover - but I do see management changes in coming years - just as we will see a whole new number of people arriving here on HC with great contributions - fresh input so to speak.

Tough 2023 that saw considerable changes that was always going to take time and bring on 2024. I agree 100% with your understanding of how ARU have brought together a group of Tier 1 off takers and govts and clearly they are no "mugs" as we say over here.
Yes indeed money can be a highly emotional thing - something I have learned over 20 years investing is detach from such - the big guys state as much and having totally seen an ASX listed gold entity operating in Kazhakstan literally disappear along with my $$$ and a similar gold/copper very profitable operational mine in Laos do likewise - the perils of investing cut deep. I saw something similar unfolding with GGG now called ETM with a massive RE deposit and state owned Chinese partner - fortunately I got out from past lessons learned - Australian investments remain the safest however plenty of shananigans here to.

I apologize to you for my comments re starting another thread - I just saw it opening a tin a worms on what was already another very painful moment in time and would generate more negativity from scorned holders - some for whom I wonder why they still hold given their postings - perhaps eternal hope - perhaps many of them have minor holdings. Of course many posts are spot on re the high cash burn - the expensive continued presentations (I must say that Sydney shocker I almost sold my lot then thought no one can be that incompetent and it's lip service for others).

Sorry again Hosujan. Very best wishes to you and all for a safe and healthy 2024.

PS - a new topic when ann's are going to arrive? Given short position huge drop (yes we know how and why) but I am looking at Feb or definitely March with the GE and other final off take going binding along with debt facility locked away as per chart advised in company updates - as with some of your posts that went un noticed - this Hyundai Kexim ann was significant to close out finance. Actually it's quiet surprising how many can only focus and hang on to the bad stuff and much very positive although not reflected in sp just goes un noticed - there has been a great deal of positive critical ann's throughout 2023 to advance this shovel ready Nolan's project and at 16c - 18c it could be seen is quiet astounding really - however yes management for all the positive major changes and progress have been very naughty and - well sp is reflective of that naughtiness - anyway it's all about to change in 2024.

BTW a lot of external excellent factors throughout 2023 shining a very positive light on RE refiners - hang on there is only one ex China really with ARU well ahead of Iluka and any other potentials. In fact a lot of excellent RE sector news from demand through to pricing controls shift ex China etc etc - people researched know such.
Other positives have seen inflation reductions - goodness me if inflation continued on a tare Nolan's would have really been up against the increased financing requirements on such and securing the financing.
Engineering yes expensive and ongoing - implementing CAPEX/OPEX reductions such as the GE on site power tech supply - more off site construction of large components - transported to site and installed in sectors = cost reductions etc.
The previous on site works - this simply does not happen without managements extreme high degree of confidence in securing finance - certain key aspects they are aware of that can not be released to market until ...... Then of course those key early site works are so important for immediate commencement to commence major construction.

The list is extensive and I could continue on - just amazes me how so many can not see all the positives - notwithstanding I have been very critical of management at times. BWTAH.