Member Info for 4unme

SL Gov, SISG and certain AMI BOD are messing with the wrong shareholders. They thought they can do what they did to LOND investors. Well, they are wrong!!!

If AMI can manage to find $167M from some other investor(s) and pay SISG, will AMI regain control of the assets?

Why does he need to resign? Isn't AML in admin? It sounds as though AML is still in operation.

From someone in the know:- From what I have heard from contacts in AML and others in country is that the court proceedings where raised by SISG to stop AML taking the OPEX businesses (TIO and ARPS) into administration.SISG have subsequently acquired the PFX which is effectively a creditor to ARPS and TIO.SISG have then called in the debt on the PFX. This all seems arse about face as the reason ARPS and TIO can''t service the PFX is due to a restriction of funds from SISG to ARPS and TIO in the first place. They have manufactured the position. The other thing that i've been hearing a lot of is that SISG have a couple of SL ministers in their pocket over promises to provide power and hydro side project funding if they pull this hostile takeover off. The actions above only make sense if viewed from this perspective with the need to stop an administrator being appointed by AML to the OPEX companies which under SL law may lead to their swift liquidation. It's a real mess and I think there will be a fair way to run and some messy SL High Court action before this is done and dusted. All conjecture and 'word around the traps' and difficult to prove. But doesn't smell right.

We need to take legal action against GB as he is working with SISG.

AML assets is worth $1.5bn. Hopefully, we get offer from other Chinese companies.

could takeover AMI assets and work with SISG. http://uk.reuters.com/article/2014/04/10/leone-mining-idUKL6N0N042F20140410

MY, I don't think the welfare of the employees is in question because they are working for the two subsidiary companies i.e. the Operating Companies now under the control SISG, so the status of AML doesn't affect them any more. I have a feeling that the BoD are not intending to appoint an administrator. Not sure why, but I just think the announcement was just part of the scam that they are playing. =================================== Putting AML in admin could well be forcing SISG to make an offer before they start operating in April.

have been dealing with a small company in China for several years. They have always been more than keen to solve issues and all business is above board and done with a great amount of trust. ====================================== My friend works for an electronics company. A Chinese company placed order for all component once only. And at Trade show the next year, that company displayed exact copied products ( same design, same appearence etc) with Chinese name. Talk about honesty.

http://www.thenewstribune.com/2015/03/16/3691819/official-sierra-leone-vice-president.html

Deanys- you need to send proof of your holdings, how much you are at risk (£ value) and a screen shot of you holdings, brokers etc. ami_holdings@hotmail.com Then agree to pay £150 towards legal cost, if you are unterested

man17- Vice President is probably going to tell everyone how SL Gov and Chinese are working together to bring down AML.

See my post last night. On 11 March, 2015, Chinese Ambassador Zhao Yanbo met with Mr. Alhaji Minkailu Mansaray, Minister of Mineral Resources of Sierra Leone. ===================================== No doubt, their discussion included AML's assets.

The BOD still have time to make it right by throwing Marampa in the sale. Cantremember2- thanks for all the hard work.

cantremember2- Just read your update. It is OK with me. Won't be replying there as I found it difficult to use that bb.

http://sl.china-embassy.org/eng/ On 11 March, 2015, Chinese Ambassador Zhao Yanbo met with Mr. Alhaji Minkailu Mansaray, Minister of Mineral Resources of Sierra Leone. They held in-depth discussions on China's support to help Sierra Leone contain Ebola and the bilateral cooperation on mining industry during the Post Eboa period. Mr. Abudul Koroma, Deputy Minister of Mineral Resources attended the meeting. Minister Mansaray expressed his gratitude for China's timely and sincere support to help Sierra Leone contain Ebola. He believed that what China has done for Sierra Leone during this deadly epidemic will be recorded in history of Sierra Leone-China friendship. He also extended his willingness to keep close contact with the Chinese side so as to promote the long-term development of mining industry in Sierra Leone during the Post Ebola period. Ambassador Zhao stated that Sierra Leone is rich in mineral resources and the mining industry has played an important role in its socio-economic development. The China side would like to communicate with the Sierra Leonean side on the Post Ebola mineral development and further enhance the bilateral practical cooperation on mining industry.

http://standardtimespress.org/?p=4633 On the telecommunication front, the state of poor network services in Sierra Leone could be traced to some of the low graded electrical components imported and installed by China’s Huawei Technologies Co, Ltd. ====================== No wonder desliming plant doesn't work Low quality Chinese product?

http://www.african-minerals.com/media/press-releases/appointment-new-chief-financial-officer 14 Aug 2013 Following a discussion with the Board earlier this year, where Chief Financial Officer (“CFO”) Miguel Perry had indicated his desire to retire from the role of CFO and as Executive Director for personal reasons subject to an appropriate replacement being identified, AML is pleased to announce the appointment of Matthew Hird, replacing Miguel Perry as CFO, effective from October 1st this year. Miguel has been CFO of the Company since October 2010. During this period he has successfully funded the first phase of our development through equity, debt and bond financings; has focussed on enhancing corporate governance; and has been responsible for the management of the relationship with our Chinese partners, Shandong Iron and Steel Group and China Railway Materials Commercial Corporation. The Board is very grateful for the financial, strategic and governance guidance that Miguel has been able to bring to the Company. Matthew was previously CFO of Kazakhmys PLC, a London main board listed natural resources group with assets predominantly located in Kazakhstan.Matthew joined Kazakhmys in 2005 and successfully managed the financial leadership of the company’s IPO to achieve a premium listing on the London Stock Exchange in October of that year.Matthew created a multi-location finance function to meet the reporting requirements of the international capital markets and led the structuring of the long term debt facilities that have been put in place for the development of Kazakhmys’ major growth projects. Prior to joining Kazakhmys, Matthew worked for Vedanta Resources plc between 2003 and 2005 as Company Secretary and Group Reporting Manager, and previously he worked for 9 years within Deloitte’s global mining team. Matthew holds an MA in Natural Sciences (Geological Sciences) from the University of Cambridge, and qualified as a Chartered Accountant with Deloitte in 1997. Miguel will remain available after his resignation to facilitate handing over to Matthew. Executive Chairman, Frank Timis, commented: “I have enjoyed a very strong relationship with Miguel who has been an excellent strategic advisor to me and the entire Board. He has helped guide the Company from an unfunded explorer to an earnings generative producer and exporter in less than three years. While we are sorry to see Miguel leave the Company, I look forward to his continuing counsel in the years to come. I am very pleased to welcome Matthew to the Company. Matthew’s background, experience and success give him the requisite skills needed to ensure continued fiscal stability for the Company.”

From someone in the know. Miguel Perry has been on retainer with SISG for the last 6 months. Miguel Perry has been advising SISG on how to construct a hostile takeover of Tonkolili. The hold out of funds by SISG from the escrow account in HK coincides with his tenure as 'consultant' at SISG. https://miguelperry2014.wordpress.com/

SISG are guilty in bringing down AML. We need to go after SISG too.