George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Lawrence13,
Again John has deliberately evaded your questions. Particularly where can one find Stocken?
Very strange that a company cannot be found! Or it's directors. Purposeful concealment and collusion going on there - very good reasons for those who are going to benefit to the tune of 30 million. Perhaps KPMG should be investigating this matter as well?
1noise
Indeed - or even a weeks ban. Ridiculous for saying what's in the public domain but they seem to be cracking down on this like never before for some 'reason'. It will be the 'thought police' next!
RR,
Good read - thank you for that. Appreciated.
There are too many 'competitors' trying to 'spin' down our patently good technology just so that they can peddle their own unproven, unreliable and inferior offerings (all allegedly)
I expect DP to be steadily lining up the closures on deals over the next year as there cannot be a better waste to energy option at the present time. 1N
Pompal,
Good. I think carribean rum was gone before I got chance to filter! nihyakuen is another.
GFD you are doing a sterling job of providing 'cohesion' in the interim whilst others are incapacitated.
Seems like there is an even more concerted effort than before by the mal contents to divide and rule. Makes you wonder where some of them are lurking as I have had posts removed for hints.
Anyway, if it isn't too late in the morning, I'll see if I can get a few more.
Good night. I'll leave you all to the night watchmen. 1Noise
This is all working out even better than initially expected.
Some were giving 'targets' in the 440p range but now that will almost certainly be revised upwards quite soon.
1Noise
Lescrou, agreed so why has Cameron given his support for Denis to remain in post?!
It is clear as day that the BOD regards its shareholders as a bloody nuisance.
This is going to get a lot worse unless the BOD relent, do their job properly and accept a shareholder with a golden vote on the remuneration committee.
UGold is going to be popular ! ! !
Any idea what % is held by PI's?
Reading the results again more carefully, that's quite a bloody nose they have been given BUT the BOD have decided to keep Denis as CEO - that's going to shareholders want to vote everything down at the next opportunity. No wonder they are moving to MOEX.
And as regards remuneration, 'well we will carry on with our noses in the troughs in line with the previous AGM'
Cameron's offer to listen to shareholders will be with ear plugs in!
If only we could just have the right (honest) board in place this would be a good company.
Whosnext and Lawrence - agreed,
but doesn't it make you think what else might have happened if PI's had all been able to vote (instead of disenfranchised)
1noise
Travis,
Sounds very plausible as to what ii's are up to - they must view EUA as the best opportunity of their lifetime for ragging a share to buy up cheaply.
However, as time has gone by, the sheer wealth has become ever more evident. Therefore, the ii's actions are also giving me (and other PI's) the confidence and opportunity to keep stealing more crumbs from the table at these levels - which as we all know are way below true worth.
I sometimes ask myself 'WHY am I averaging UP'. Simple of course, it must be done!
Hope to see you all at the conclusion. (And for the grand opening of the green coffins - maybe)
1noise
palladium,
Strange you should say that - visiting 'Greenways' tomorrow. (AC's Home)
My reading is that no-one on here would've voted for the IRC 'deal' but there was no opportunity given to shareholders to vote either way - it seemed to be conveniently presented as a 'fait accompli' so as to honour a proposed deal by the previous BOD.
It makes you think that the buyer (by some circuitous route) is a related party who will benefit hugely to the obvious detriment of POG and us as shareholders. I expect it will go through on the nod, possibly even as a resolution at the AGM - which nobody can attend. I haven't been able to get a vote anyway. Nothing very democratic. Plus ça change, plus c'est la même chose.
1noise
rustyb,
"might have something to do with the voting, as we all know what happened last year"
Indeed. I can see the purpose of that.
1noise
KRSS,
Thank you - appreciated. I am just mindful of the recent past where the current BOD seized the company from Hambro's board by a narrow vote.
Didn't think UGC were particularly flush with cash for bonds but who knows where the money comes from at times. . . possibly Cyprus!
There was a whisper of a dividend being declared by the end of the year but think that is a pipedream.
However, if POG could be shown to be run honestly (and not used as a vehicle for ulterior motives) it should have the ability to recover from all the past shenanigans.
See if anything positive comes from the AGM.
1N
KRSS, Rusty etc,
Been a month of RNS's!
OK, Cameron's comment on KPMG sounded positive to me with more to follow.
However, I am slightly puzzled about the notification of $90 interim payment to government bodies for taxes/royalties etc. Is that a one off related to something not paid by the previous directors or a regular/periodic payment as an ongoing matter?
More importantly, what is peoples view on the motives for the TR1's where Sova and particularly UGC have significantly increased their shareholding in POG?
1N