Dogger, the Salazar agreement has been replaced by the JV agreement and it has been discussed here at length that the JV terms are better for us.

Respectfully Sibu, I think the suposition that because it has been discussed here at length it is somehow the truth is a dangerous one. The board may have discussed various takes on different topics, but I think we should be careful not to take popular opinion about any topic as gospel. The track record for popular opinion about what is going to happen next isnt good.

Some unpopular opinions have born true over the years - I dare even suggest the opposite has happened to what is expected. I am not in any way saying I am right about anything - everything is speculation - but we should be open to speculations that may be contrary to the popular ones.

Assuming speculations on any given topic are now settled or truth because of extended discussion or consensus, and dismissing anything contrary because a topic is somehow settled should be concerning...

As far as DD is concerned, don't forget you are on the Venture exchange and you have to be able to read between the lines. Not every piece of info will be handed to you by the company on a regular basis. You have to make up your mind by putting hints and other clues together and, if you are correct in your assumptions, then you stand to make multiples of your investment.

This is a very good point, the Venture is a bit of a gong show and things are run pretty loose. Lots of games played, big wins and big losses.

I think you may agree that we (me too) have done a very poor job of reading between the line and putting hints and clues together. Personally, I cant think of anything that has happened as expected ever. Please provide some examples if I am wrong... How many have expected to have made multiples already, but lost multiples instead. There are many very intelligent posters here and lots of great discussion - but seeing nobody has a good track record of calling anything - maybe a superior tone should be avoided when adressing opinions contrary to your own.

If you want regular company updates, with clear plans for the next few years, not much ucertainty then you should invest in blue chips, but you should also forget about doubling your money overnight in those companies, that just does not happen.

That is truly good advice. Something I should have considered before going so deep into this sure thing. My fault, and a lesson learned for sure.

Kind regards.