We've seen exactly the same overly concerned "exercise" conducted here, re the financing, with it being dragged out here regularly and repeatedly over the last four years... apparently with the expectation that we'll never tire of more of the "same old" circular logic...
There's an obvious element, too, of the logic of the "when did you stop beating your wife" question... as if there is "something wrong" because financing is hard... when financing is always hard... and, if it isn't... well, then, you're probably borrowing money from Enron...
Otherwise, some of the same people who have admitted here, that, in the past they participated in in SRSR's private placements... have tried to use their own participation as a "proof" of SRSR's "struggle" in financing, as dealing with them was clearly a sign of the company's "desperation"... ?
Thankfully... SRSR is no longer that desperate... that they can't afford to be considerably more selective, now, about who they allow to participate in company financing efforts...
Otherwise, the LACK of struggle in SRSR's financing efforts is, in part, a function of management focus on exactly that... patience, purposefully applied, fully intends to NOT allow "financing pressures" to be used to force the company into making less than advantageous deals...
I've repeatedly lent my vocal support to Scott Keevil in exactly that in the past... and continue to fully support the MOST PATIENT path... as that is far more likely to maximize LONG TERM value for shareholders...
You see that same element of recognition in what the company presents as their priorities in relation to that function. From the AUDITED financials for Nio-Star: "The Company is in the exploration stage; as such the Company has historically relied on the equity markets of its parent company to fund its activities. The Company will continue to assess new sources of financing available and to manage its expenditures to reflect current financial resources in the interest of sustaining long term viability."
They'll choose delay... over enabling themselves in being pressured into making a bad deal... or, they'll choose patience over being pressured into making a deal with the wrong people...
So, I recognize well enough that the effort to generate time pressures... is most often a TACTIC... which contains no real potential benefit for most shareholders...
Frankly, I don't CARE what path they take to getting the financing done that will enable the development of Nemegosenda... and I don't really CARE how long it takes for us to "get there", either, as long as the path we're taking is one that gets us to the destination we want... and not one that someone else might
prefer more...
There is also an inverse bit of actual logic that is a parallel to the fallacious and self deprecating circular logic employed in the claim that "if anyone deals with me in financing anything... it clearly proves they must be desperate". And that is... that the "fastest" path to getting the best financing deal we can, and that we want... is the one that is wholly unencumbered with any artificial time pressures. Patience has rewards... including that the more patient we are... the less insistent on establishing and meeting artificial "deadlines"... the less need for patience there will be... and the less utility there will be in trying to create "time pressures" as a negotiating tactic...
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