Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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The fat lady has sung
https://www.londonstockexchange.com/news-article/YGEN/court-sanction-of-the-scheme-of-arrangement/16115288
Andrewkennedy079@gmail.com
Nothing to lose. The more the merrier!
It's goodbye from me, and good luck to you all. Better luck next time.
Andyken reckons there's some shareholders who want to take part but have yet to let him know their holdings. Don't wait chaps!
I've emailed him. I didn't get a reply, so it looks like he's not that bothered. Waste of time anyway.
I see that Rees is looking forward to starting his new job! I hope he doesn't manage to run that company into the ground too !!! He really is a total w ank we.
W ANK ER
Unscrupulous toe-rag who was more than content to let this result win out.
Potential retribution is available through Andyken. Can't believe how many can't be bothered. Rather spout carp and hot air on a BB it seems . Just don't get it!
Someone does you out of tens of thousands in some cases and you sit there and do nothing.. beggars belief!
"I've emailed him. I didn't get a reply, so it looks like he's not that bothered. Waste of time anyway."
MB, are you referring to AndyKen or ygen? Found AndyKen to be helpful. Are you on his circulations? Might get some answers to this debacle if nothing else.
Smudge I was referring to Andyken.
Andy's latest for anyone interested.
Dear all,
I wanted to give you a short update as the summer break comes to an end and hopefully we are able to gain some momentum with our efforts.
We now have 20 investors who have expressed an interest in taking action against the firm, who account for nearly 40m shares. A number of you have yet to provide your shareholding at the time of the placing so please do so as this increase the chance of us attracting litigation funding.
Talks with Harcus Parker have been on hold over the summer as we continued to build up numbers and a number of people have been away. To put some of your minds at rest, we have been assured that our case is unaffected by the Novacyt takeover.
A number of you have reached out to offer help with our efforts including a lawyer and an accountant. If anyone has similar experience or skills then please let me know as this will help to reduce costs and reduce reliance on the lawyers in progressing our action.
I hope to be able to provide another update in a few weeks.
MB, this is the email address I have for AndyKen:
andrewkennedy079@gmail.com
Might be worth dropping another note to Andy with your holding at the time of placing (and anyone else who might be interested). It sounds like there might be a few comms going back and forth so hopefully your email hasn't got missed. Cheers
Thanks smudge I will send another email.
Well shafted by novacyt
Incorrect! The shafting came from elsewhere. We all know who !
All very obviously engineered to tank the sp for a lowball offer.
You watch now. There will be a load of good newsflow coming out of Ygen in the coming weeks. Radio silence for a year previous. Wonder why? Hmmm!
I wonder how many are tempted to buy one share in novacyt to facilitate attending their agm's and ask awkward questions
I just hope life throws Lynn Rees a lot of bad luck from hereon in, they say what goes around comes around and I for one won't be having any sympathy if life throws the worst at him.
Yes. Unfortunately Lyn appears not to have been doing his duty of working for shareholders best interests. More for his own. Chairman also of benefit and a nodding mute donkey.
Lyn appears a typical salesman whose been moonlighting at engineering a preferred outcome and acting a part.
Unfortunately the regulation of people who run this sort of borderline fraudulent business model is absymal in this country, forget to tax your car or pay your income tax and you are toast but people can indulge in connivery and misrepresentation with the aim of misleading others and walk away to do it all over again!
That's why everyone should back Andyken, even if it only makes the BOD squirm a little. If everyone backs him you just never know what might happen. Costs nothing either.
Andyken has been in contact now. Not sure if we have much of a case! Bought some shares and it turns out the the CEO is a W ANK ER. I rest my case. Lesson learnt .
I disagree, I believe there is a case, as already intimidated by Andy.