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  1. 1,316 Posts.
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    I hope for you guys too, I really don't like seeing people taken for a ride and sadly all signs point to this being a dodgy company.

    If Rex was anything viable it wouldv'e been done already by someone else, and if somehow DLC found value in it that everyone else smarter missed, DLC would have been agressively pursuing it - but they weren't, they were doing other things since Oct last year until just now (MOM).

    Sometimes you have to face facts and not hope or talk of hypothetical pumps. There really is nothing going for MOM. Sometimes it really is all smoke and mirrors.
    > Look at the back scratching
    > Look at the Calvista grab for an unfair value. Why did 40% vote against this?
    > Look at the web
    > Look at the history
    > Look at the trading halt and how that affected shareholder value when U308 was a booming theme (note *theme* - this is why DLC pivoted)
    ....it worked. We bought
    > Look at Nabberu
    ....(this one really is an absolute joke - and even if you believe in Rex, what has Nabberu purchase got to do with it? ....what has it got to do with then?)

    Is this a lifestyle company? If it walks like a duck.

    Just because a company is drilling doesn't mean it's viable. If they weren't planning to drill what would you think? Maybe they know this?

    Are you hoping they will find something when they drill? Hope being the operative word. Look at the news, they hyped the U308 with the sample to be sent for testing, then..... nothing.

    Lieftyle companies are a disgrace, they exist to transfer wealth from retail shareholders to themselves rather than create shareholder wealth (ask yourself if you have seen evidence of this with DLC/MOM).

    Don't kid yourself with Directors or CPS having skin in the game - ask yourself if this skin is real skin and real risk, or if it serves a purpose (funding the lifestyle - salaries, options, fees, free shares, unfair asset grabs, worthless acquisitions). The money for them is not in the imaginary pump you are hoping for.
 
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