Hi David. Fair comments. I feel that many of us, myself included, are just trying our best to stay positive, focusing on what the Company has, rather than on the uncertainty surrounding it. The uncertainty is unsettling, yes, and a temporary suspension, even with AB applying to AIM for it, is not to be taken lightly, but it's important that we don't write this off, when we are still alive and kicking.
As shareholders, the news under MA was shocking. Hard to decipher at times, too many discrepancies, lack of detail, and that's much to do with both where we are now in terms of sp (bear market aside), and how we are feeling. We must therefore give AB a fighting chance to correct past misdemeanours and bring back some confidence among shareholders. Clarity of news, indicating actual progress, details of our worth going forward, we need all this out in the open, so that the market can value us more reasonably.
I'm trusting that AB can do this, but only time will tell. Unless the plug is pulled on this Company, then I'll remain focused on the future, hopefully with either production, a buy-out, or a bit of both on the menu. When this temporary suspension is lifted, especially if there is no additional news of a positive nature in the meantime, I will not be selling out, selling as if all is lost, when it still isn't. David, I will not be coaxed into realising a massive loss at a very low level, when we have been told that we are poised for production and with no hurdles to overcome. In my opinion, that would make no sense.
Just to clarify, by hurdles I mean as regards the authorities. We have the licences for the Kabwe assets and the clearance to produce, having proven the production plan adequately enough to satisfy ZEMA's requirements. The Company, so far as we are officially i, is not hampered by waiting for any authority to give its approval in any area.
Thanks for the replies guys. As you know I am not here to bash the Company or cast doubts in the minds of others over the current situation I am simply a concerned holder. I accept all view points and don't see a need to jump all over anybody expressing negative thoughts as I have many myself at present. In fact I sometimes wish I had paid more mind to what dufc had to say lol.
I am aware of the pros and cons and understand that the current market/sector decline are all applying there own pressures on a well established long term downward trend as well as poor sentiment which I think has mainly come about due to inaccurate releases by the company itself. Excluding ZEMA approval most of the positives have been in place for a while and nothing seems to effect the continual slide of the SP with the exception of the current suspension which obviously was not the way I was hoping the price would stabilise. I am just very concerned about the current situation which just seems to go from bad to worse. I also have little knowledge of the new man at the top and hope he is here to see us into production but to b honest all the positivity on here at the moment is a little lost on me as it appears groundless as from my experience here there have been few if any helpful releases with a thought for shareholder value in fact quite the opposite. I suppose we must give AB a chance to show he has our best interests at heart. I really don't see any extra news coming during the suspension as I said previously I think it will be one step at a time but without any news I worry about where we will be on the resumption.
I would be more than happy to be proven a complete fool with many positive releases coming before the suspension lifts but sadly I just dont see it.
Just supposing we only have news that the financial anomaly has been properly accounted for, case closed so to speak. AB should perhaps, but maybe not yet have additionally uplifting news ready for us. If he hasn't, then when the Company recommences trading, are we all going to throw ourselves to the wolves by selling?
BMR is at an advanced stage, with EPL on the verge of production, so what will have changed, other than an irregularity having been dispensed with one way or another?
I think the lemming factor of us panic selling should be avoided at all costs, because the cost will otherwise be severe, to our detriment. And then some.
Eric, Just trying to think how best we PI can work together, so that our rights & investment are not abused. Not casting any allegations towards the company, but how can we PI make sure we are not sidelined. Together as one force, I am sure would enhance knowledge & chance of success. Thanks for your posting contributions, every team is better with a no nonsense, steady center-half. Let's see what investors thoughts are.
I am trying to view from a neutral position, we are waiting for news & suspension to be lifted. Will the outcome be positive or negative?
There are so many good PI here, too many names to list, I am sure we PI can come together for the sake of our investment? I am not asking anyone to forget the past but please can we put it behind us. Any thoughts & ideas how we can hold our company more accountable?
The company is put back on track by AB & team,PI updated on what has gone on,we are treated as investors with good positive information flow. I am sure we all will be happy to offer support to AB & team.
Any thoughts on how we can better protect & secure our investment whilst we wait for next RNS ?
All the MOU & JV etc signed .......no update on progress....which are still valid or if any have lapsed ? We should not have to rely on fellow investors informing us of information they have but cannot be substantiated
The company is put back on track by AB & team, we should feel more secure that
Hi Lewis. I thought Klue's post was quite fair. We have to explore every angle, hence why I mentioned about our differing feelings while we are in this temporary state of limbo. Klue doesn't want this to fail, he is concerned, and I don't believe we should be ignoring anyone's genuine concerns, the concerns of other long-term shareholders, no matter how positive we ourselves may feel about the outcome for our Company.
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