Frey it seems the whole aim market is the same. None of them are there for shareholders or getting share value.... Nice salaries, pensions and free share options... Only trouble is what can we do about it now? MA seems to have got off of all of this Scott free and even more so the nomads and auditors. We can only hope that AB can get shareholder value in the future but I'm not holding my breath on any of the aim shares I hold anymore....
For what its worth, I came to think about half-way through that Masoud had the mentality of a Persian shopkeeper. Having followed his schemes from the beginning, and their then seeming profitabilty, I eventually exited some time ago (breathing a sigh of relief) at 5p and posted that I didn't expect to see that price again. The Kabwe tailings project looked attractive at the beginning and,naturally, we all had no reason to believe the the feasibility studies weren't worth the paper written on. (The then Nomad bears a heavy responsibility for lack of due diligence), but as time went on, and timetables started slipping, I urged MA to both appoint a CEO, and a properly qualified project manager for Kabwe. When he did neither, I was slow to question whether the copper tailings might be an illusion, backed up as they were by a PEA on similar tailings in the same location by a reputable mining consultancy. What really opened my eyes to incompetence was the excessively stupid and enormous share dilution brought about by the massive share issue - itself backed up by 'presentations' that put no numbers on the assets being paid for. With proper numbers, there would have been no need for that scale of dilution - but the presentation was aimed at (and swallowed by) the unsophisticated clients of a certain broker. A similar scenario could happen again, given the low quality of some brokers still on AIM
Let's see if he is worried about investors? IMO he will let us trade again with no positive news, crash the price then do what he is here to do!! I've always said he is here for a reason and it's not us
Smudger don't worry about them mate. They don't have the balls to disclose who they really are.... They won't attend the agm in May because they are faceless bashers that get off on trying to put down others that have lost money or made mistakes.... I couldn't care less what they post its all just noise.... Let them attend the agm and be man enough to speak face to face :-)
If this ever goes to court I will be the first inline to seem them all go down!!!!
... that given the content of yesterdays RNS and the extent of MA's deception and shenanigans that have come to light that there are still some on here desperate to throw some mud at the likes of LJC in the feeble hope that some sticks.
These people must be seriously disturbed, worrying really!!!!
It seems to me that it would benefit our cause regarding the SP after the company resumes trading if AB delivered an upbeat RNS prior to the event . I am sure that estimates of resources , costs of processing and expected levels of profitability with time frames etc , etc could help underpin the SP at a reasonable level on the first day of trading . If nothing is issued then the SP is bound to take a right hammering on day one and no doubt give some in the know the chance to fill their boots up here on the cheap. now that the mess Ma has left us in has been cleaned up . Not too long before we will find out if the new broom is sweeping up on our behalf or not.
Hi guys. I would love to attend the agm but living in Canada now so can't. So I'm relying on someone credible on here to relay about it when it happens. It was good to see such a good detailed Rns yesterday. It never surprises me when I log on to lots of arguments and disagreements. The wool was pulled over our eyes with MA For years. Yes there are rampers and de rampers like on any board. I've been here years now and looks like a few more years before I get any of my money back. Look forward to Us trading again with someone new at the helm. Gla
Following publication of the second sets of financial results,at the end of the month the Company's financial position will have been clarified and the trading of the Company's shares will be lifted.then the agm is that about it
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