General comments/chat, page-44088

Hi williams11, I understand that you have been burnt, we all have, however I do not see the piont in looking backwards, only forwards. Yes we were miss led, but that was years ago now, time to let go, it's only eating you up, IMO. The negativity is just not justified anymore. The SP has declined in the last year, sure, but that is the market, all spec stocks have declined. Time to buy up quality assests/stocks IMO, and hold.

Bob has achieved many things in the last year, and I certainly do not think that ADN (he or the staff) are a life style company!
Our main clients are in the EU and Asia, so one has to travel there to sell the product. Full stop! It's not like driving to Adelaide and selling all of our product to Hallet and Dulux.
BK and staff have been working on many things behind the scenes. Rough list; no particular order,
Dealing with Streaky Bay council
Infructure, requirements and scoping studies
Mine (quarry) site set up
Sale of Cobra, Wudinna and Trigg
Recruitment of key staff
Travel to see key clients O/S
Travel to see our key financiers

This all takes enormous amount of time, especially for a small team.

Not trying to be rude, but have you had to try to start up a mine, or run a big business O/S. I have and it is hard work and fatiguing at times, but one has to just stay focused and keep chipping away. You can only do so much on 'zoom', face-to-face is always much more effective, you can achieve so much in a 2 hour meeting when there, it's just the 24-36hr trips to get there.
So no, I will never call BK or ADN a life style company!

Lastly, when I last spoke to management, I asked about finance, the reply was "they're playing hard ball". (I hear this regularly now with other BFS stage miners) That's all I got. IMO, I do not want BK to sell us out cheaply, so he's working his magic IMO.
All the best with your investment, I'm happy to hold and take my chances.