Member Info for blackgold00

" If shareholders have any questions for the Board in advance of the AGM, these can be sent by email to info@aminex-plc.com. All correspondence should include sufficient information to identify a shareholder on the Company's Register of Members, for example, a shareholder reference number, which is an 11-digit unique identifier printed on the Form of Proxy. The Board will endeavour to answer key themes of these questions at the AGM."

ask

there was the opportunity to ask questions, did anyone as ?

i don't know if you can see this dunder, but as for Directors Bell and Beal leaving, i think the writing was on the wall for all to see, after the Ruvuma Farm-Out and Corporate Update 14 July 2020

"As set out in the Notice of AGM issued last week, subject to shareholder approval, the Company proposes to adopt a new share option plan (the "New SOP"). In summary, the Company has asked key employees to sacrifice salary in an effort to reduce employee remuneration and in return issue up to a maximum of 75 million share options to staff and directors under this New SOP.

Robert Ambrose, Chief Executive of Aminex commented:

"With these cost reduction initiatives, the expected completion of the Farm-Out soon, and the continued support of ARA and Eclipse, our cornerstone investor, the Company looks forward to its next stage of development."

yes, it feels like we've done a lot of that the last couple of years matherdj. right back outside

yes, and i'm trying to paint the back of the house. lol

well the Zubair's is 100% running the show now, so hopefully and maybe cperkin's remarks earlier re; having the Zubair directors voted on the board will now satisfy the Gov to sign the F/O.

Crusty your 10:59 post which i just replied to, probably give a more genuine reason why the Tanzania Gov would delay things.

yes Crusty, i agree with most of that, in fact i was about to hit on the same subject the failure of KN-1 and its consequences.

Crusty, i know we are all extremely frustrated and at a loss as to why its all taking so long, but you have no genuine evidence to say or suggest that.

yes yes yes, hopefully maybe, cperkins. One thing for sure, going forward, no one can moan or blame the old Aminex team/directors, and like you hint at, the Tanzanian Gov.

and, "please note that there will not be a presentation accompanying the formal business of the meeting" so no news to come from there.

yes joeltg, but have you emailed your question to them yet, i don't know if there's a time limit ?

https://www.lse.co.uk/rns/AEX/notice-of-agm-ljv8lg8gdt61lz3.html

"If shareholders have any questions for the Board in advance of the AGM, these can be sent by email to info@aminex-plc.com. All correspondence should include sufficient information to identify a shareholder on the Company’s
Register of Members, for example, a shareholder reference number, which is an 11-digit unique identifier
printed on the Form of Proxy. The Board will endeavour to answer key themes of these questions at the
AGM."

spot on Crusty, though even at this stage i am still fully convinced the farm-out will happen soon

well john i hope that isn't the case, i think we'll get an indication what the Zubair's have instore for Aminex by the end of this week. yes the business world can be ruthless but at the same time honest intelligent people work out there who recognize capital gains can be made through fairness.

good on you sheepdipper, its all about managing risk, and getting your house is more important for you now. there will be loads more opportunities in the stock market in the future to make/lose money. good luck

no i think it suits the Zubair's /ARA to keep Aminex as their LSE public company and grow the NYUNI assets with a suitable merger ?

not sure if i got this right, but if ARA force a take-over by increasing their shares to over 30%, then they would have to make an offer for the whole company for at lest the highest point the SP has been in the last year i.e. 1.5p ?? so they would have to pay out £30-£40million to take Aiminex private and that is before they start paying out the 140 million on the Ntorya development, for what would be an extra 16% share of Ntorya than what they hold now.

yes agree, but i still don't think its too far away.