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He's SOME NECK.
Fraser said at the meeting in March most of the youtube videos were deleted because of the amount of DATA they were taking up, Chris fair play how you managed to keep a straight face God only knows.
The one and only Chris Frazer is he selling on YouTube again perhaps Labour Lord Hatton will be in it to Sirius minerals share holders will be looked after.. unlock this asset and get it around the world CHEERS LADS Thanks for your support and here's for the rest of you 5.5 pence.. WE HAVE DECIDED TO MOVE ON GOOD BYE...Unbelievable. NOT.
A spokesman for the Woodsmith project said of the DMC contract cancellation: “This new structure provides us with simpler internal processes and allows us to better manage the important transition between the sinking phase and ramp-up to steady state operations.
“It also gives us greater control over processes like local recruitment and training.”
The one and only Chris Fraser is a director of the company now sinking the shafts.
Would be nice for the bstards to get their just deserts, however with politicians, and big foreign money in the mix, I’m guessing its corrupted all the way to the core of the bbc and the courts. 85000 people robbed and all it got was a little mention in the FT and a bigger write up in the Yorkshire post says to me they really did want this to blow over without the huge publicity it deserved.
Yes mate. Question is CAN WE GET THIS INVESTIGATION TO A COURT OF LAW? In respect to the 85 thousand shareholders Could work stop on the tunnel until this is sorted out probably NOT ? ARE any of the former Sirius minerals share holders working on the site?
Yes mate. Question is CAN WE GET THIS INVESTIGATION TO A COURT OF LAW? In respect to the 85 thousand shareholders Could work stop on the tunnel until this is sorted out probably NOT ? ARE any of the former Sirius minerals share holders working on the site?
thanks for the link - wasn't an article I had see before
https://www.aa.com.tr/en/europe/cash-for-favors-scandal-rocks-british-politics/1894617
It is interesting, how in an era dominated by social media, how 85,000 shareholders can be effectively defrauded of their investment without a whimper. So much unhappiness from individuals who do not have a collective voice. Perhaps it is our Britishness which prevents us from voicing our protest ?
I look forward to the day when the mine reaches fruition, the money and profits start rolling in and 50,000 angry people of Yorkshire who live local to the mine, eventually wake up to the realisation of the scale of the robbery. You can fool some of the people some of the time, you cannot fool all the people all of the time.
This one
https://members.parliament.uk/member/494/registeredinterests
what happened to some of the non execs afterwards - was there not at least one that was a fairly senior politician/MP/Lord
Agreed Nonny a total pile of shi** took me and many others for a lot of money, total rip off
a few familiar faces there no doubt about that
Makes me sick seeing those faces.
Another thought just struck me Gertfrobe, Anglo American paid 387 million quid for Sirius minerals. How much cash was there in the bank and how much was held in escrow in case of the miner failing. I believe you will find that the total paid by AAL was a lot less than 5.5p per share.
Watched the Sharesoc webinar. Cant say I was overly impressed. Imho, we need a good financial journalist not a bunch of lawyers to crawl over this pile of horse manure. What the heck, perhaps us shareholders could bankroll a Hollywood movie based on this sorry saga - perhaps we would get our money back !
I could not agree with you more Gertfrobe. This whole episode stinks like a pile of manure. The problem is these outfits are pure Teflon. The manure, to put it politely, does not stick.
Here’s another little thought to ponder. While the deal was being done, time was running out for them. Correct me if I am wrong but There was no way they could allow the tunnelling machine to stop (what was it called Marie Celeste or some exotic name). If the board stalled the deal and there was a remote possibility that the machine would have to stop, there would have been no opportunity to pick up a bargain from the scrap heap. They could not afford to let this fail.
Another little question for you, what happened to the funds held in escrow to fill the hole in the ground if the company went bust ? Whose pocket is it lining now ?
Anyway, if the board was sincere about maximising shareholder return, they could have put the company up for sale - I am sure the Chinese would have coughed up a few billion.
Best
Nonny
Nonnymass Fraser worked in finance, why would AAL with over 100 years experience in mining keep Fraser on £1m/ year it stinks.
He’s no doubt got an intimate knowledge of the workings of the mine, as well as other intimate knowledge of other details. I have no doubt whatsoever they will keep him on. Along with 84,999 other shareholders, I hope he doesn’t have a moment’s peace.
Truth be told Gertfrobe, I would have been happier if they closed the mine down. I really did not want their miserable 5.5 pence.
Chris Frasers one year contract with AAL is up in a few weeks, it will be interesting to see if they keep him on.
No I didn’t know Gertfrobe. Cant say that I am surprised. I I observed before nothing in the billion dollar stakes is likely to happen by chance. It is all elegantly choreographed form behind the scene. Years of lax financial regulation makes it so easy for them.
The FCA should be renamed SFA, after all that is what they do.
Did you know AAL were physically looking around the Wood Smith mine in 2018, this came from Chris Fraser in the meeting in March 2020.
Wow, Gertfrobe, that was a little titbit of information that passed me by. When the 5.5p was paid out, I blocked it out of my mind and moved on, it was the only way to survive. As no doubt it was with you, my loss was considerable.
My perception of the big game hunters who operate in the rarefied atmosphere of high finance is that there are not many who would choose to go up against a financial juggernaut. Whereas the lack of government support may certainly have been a factor, I have little doubt that the fate of Sirius was sealed week before the events of end 2019. This type of operation is a game of chess for some. The facts that 50% of shares were held by PIs made it all the more easy for the shorters to stage a coup.
Question is who was lending the shares to the short sellers. Was the big hedge fund who lead the short selling betting on a dead cert ? Interesting questions to which we will never ever get an answer. As Dylan observed, the answer is blowing in the wind.
In this case the gazelle was paid a pile of money and given a £1000000/year job.
https://www.theguardian.com/politics/2020/jun/25/robert-jenrick-faces-questions-over-meeting-with-israeli-mining-heir
Imho Chris Fraser was perhaps naive at worst. An enthusiast, pushing his dream of the mine of a lifetime. He wouldn’t be the first to have said ‘there’s gold in them hills’ to prospective investors.
I am more concerned with the content in this link
https://www.pressreader.com/uk/the-daily-telegraph-business/20190128/281608126655947
Did the gazelle just fall or did the hyenas pull it down ?