Member Info for 3cardbrag

Truly a legend in his own lunchtime

Talking to Roger Kennedy afterwards 're the remuneration issue compared with small revenues.. this was subject of some quite forensic questioning by one attendee and Roger assured me this area will be discussed by the board. In particular the questionner wondered ifpart of their remuneration could be in share options form linked to performance over say 18 months.

Bit embarrassing voting against Kev then chatting to him afterwards but Heyho, you have to send a message to these guys

Show of hands probably 2 to 1. Proxy votes overwhelmingly in favour.

Good to meet brancher and MT at agm. Thought would have been more there but some very searching questions by MT and another gentleman. Can't say too much now as on mobile on a very shaky train. Banjo I had assumed that you were the lady taking notes on the end of the panel. If they are true to their word, watch this space on remuneration and royalties.

re "ask, did we get back the $2million for the Presidential party bash,
and have Snh paid for their 5% ??"
Rather than worrying about historical small change, I'm more concerned about the massive cost overruns on 107/8 and where the 20 million placing money went to. It certainly didn't go on drilling and Foo states today that there will be no more drilling.
The secretive new investors must be climbing the walls in anger.

Not sure Pret is ideal. It's some way down Stamford Street next to VOG's offices.
There is a big Nandos at 108.
I suppose we could always hold a placard demo outside Hatfield House

A useful post by Banjo for a change. Keep it up.
Have to say Foo looked decidedly more downbeat than his usual chirpy self. Does he have reason to be worried? We shall see tomorrow.
Not very impressed with the venue from outside. Wonder if room 1 is a pokey non air conditioned room for small seminars. Best get there early.

re"Wouldn't surprise me if the lot of them scarpered like rats up a drain without giving you a chance. Good luck"
I still have a valid SIA licence although now retired. I may come dressed as a doorman. Only difference is I'll be keeping them IN not OUT.

re "also perhaps a signing of an off-take agreement, cash upfront for Zinc/Vanadium sales??"
Wasn't it an offtake agreement that started off this pile of poo we are now in? Just saying

Still waiting for my letter to hit the doormat, but HSBC advise me that as I have proxy voted, I should be ok getting in with photo ID

This all goes back to the terrible conflict of interest between FOO and LTHs. Every year we have a one liner about, CNG, push for more retail power, sale of Westmed. And every year nothing happens, simply because they don't have much or any impact on Foo's royalty scheme.
This year may possibly be different for CNG, or not, but only because of the dire straits we are now in.
As regards questions to the AGM, I would like to know, bearing in mind how the board have destroyed LTH share value over recent years, when are they going to start taking salaries and bonuses more commensurate with the pathetic levels of revenue they are producing?

Once a tw*t, always a tw*t

we will know soon enough. It's fairly easy to fake one set of results but two on the bounce is not so easy

re "That is how to invest successfully. Try to remember that ADVICE and EITHER are the correct spellings."
Sounds a bit silly following the previous statement ie "when they reach 4.5p or so".
I assume it was a spelling mistake and should read "if"

Might be worth checking to see if anyone ordered an industrial shredder recently. Anyone going to agm. I'm still hoping to.

Yeah but don't forget Westmed is worth at least 50 million (according to our great leader). Why else would you write it down to nothing,

Press report today showing PFD 30% down since DarbyJoan took over. That's 30% DOWN.
You would have thought a CEO paying himself mahoosive bonuses would be doing it on the back of a 30% RISE over 5 years.

re "I guess GD is feeling a little under pressure today."
Better get the latest round of freebie shares in pronto before the chop.

You're absolutely right. GD is only still there because all the other toadies on the board keep him there as self protection. I voted a few days ago against the remuneration and re-election of existing directors that were up for grabs. Greedy barstewards the lot of 'em.