Hi All,Glad you have had a great run and hopefully made a few...

Hi All,

Glad you have had a great run and hopefully made a few bucks. Just to put an alternate discussion view, I sold after looking into the the WA kaolin and halloysite prospects. According to their maps, and countless hours of finding where exactly the project is, my research found it all sit on grain farming land. The area is huge. From a practical point of view, what price would a farmer put on their plot??? Would the WA government allow such a large parcel of food producing land be dug up and turned into a big dam (up to 50m deep)?
Perhaps I had too much time on my hands to look at the area and prospects, I did call a local to discuss the parcel in question and asked what value the land holders put on their assets and would they likely give it up to a mining company? Mixed emotion, as this then destroys any potential future revenue from the farm. I know this is thinking a bit further into the process, but at the end of the day the value of the company is based on the resource.. No value if it cannot be turned into a sold product. That combined with the history of the company that to date hasn't generated revenue at all from ground proven up and on-sell, or even bought a project through a PFS, BFS. I read a transcript from a previous poster about a power point presentation.. This didn't read well, sporadic and really lacked detail on execution strategy. I was then left thinking that these guys are in charge of my investment.

Maybe I have missed the next big thing, and I hope for investors that you do well, but for me I couldn't confidently stay with you.

Cheers,

GS