Member Info for Ducatti

�50k of hard earned eaten up by Crede for RY and the BODS salary. AMC looking more like a shell co to plunder investors.

What we need are owed VAT rerepayments, firm news about the new mining laws in Tanzania, and updates to the situation on companies suffering due to the crackdown such as Acacia... Many investors will not invest in Tanzania with issues like this unresolved... The SP is limited in growth because of this.

ladytrade, is the TW article in audio format or a text webpage? I know you said bearcast, which is usually posted on soundcloud? Can you link to the thread.

Wouldn't surprise me if TW planned to begin blogging about this share, then RY heard - shat his pants - and called TW. You can hate or love TW, he has called alot of shares correctly, even when in opposition with a tsunami of ramping shareholders So much for CTAG's Microsoft BOD members, lying RNS's... TW saw through that one nicely... Then GKP, and the rest...

I will be selling when we get the next spike so that I can likely exit at breakeven or in profit, I Have no faith in the illiterate BOD whatsoever. As its a free bb, il post when I please?

DB, What happens would be irrelevant, because RY would still gets his regular �350,000 per year salary, and the shareholders will continue posting links showing farm in/takeovers of other Nickel deposits - Just not AMC. Also @CBS and @TDT, surely all these other nickel companies getting deals means that's one less takeover opporunity for AMC? Also means one more company in the pipeline to feed the future Nickel market. RY's and the BOD are probably out on a 7 days luxury Russian Skiing holiday in the mountains, Spa included, 4 course mean, the lot!

potatohead, trying to find that figure somewhere more official than SW.ST, currently going over some RNS, and can see that in 2015 the BOD awarded RY two months salary bonus of �33.7k... "In addition, on 27 July 2015 the Board of Directors approved a bonus of two months' salary (being �33,756) for Mr Young for achieving the grant of the mining licence. " This company is just clearly one big fraud scheme. So �310k a year isn't enough for RY, and when he does manage to achieve something he is already being paid for anyway, then ask's for a �30k bonus. It really is so clear as to why this company has gone nowhere. And nolosstillsell, thats an intersting name you have, you're RY or one of the BOD arn't you? Trying to mock anybody who talks negative of this 10 year train-wreckage of a company? Little scumbag.

As to why this happened with Magufuli becoming president in Nov-15. Imo the straightforward blunt approach the president took was a good call - if the stealing is rampant then you soon put a stop to it when you allow nothing to go out. It would also allow his team to comb-over what is being claimed and hopefully work out some of the fraud - without losing more in the process. SHG contribute's huge amounts to the Tz gov through tax and royalties , along with paying 700+ staff yearly salaries, along with over-adhering to all the rules... It would not make economic sense to penalize a company providing so much...

Agreed Visitor. To add, I recall reading somewhere that new Tz gov rules require certain businesses to put atleast one tanzanian on the BOD... and to use memory again, from our 8 BOD we have not one but five tanzanian's on the BOD. I really cannot see the Tz gov refuding to pay Shanta in the end of this, perhaps other companies, but not SHG. Even if they do not currently have the funds for it, eventually they will, or they will choose to pay the refund Part cash Part Corp Tax reduction. My only concern is that I hope we get refunds in larger chunks than the last $3m, and at quicker intervals. Otherwise it could take years...

https://www.dailynews.co.tz/index.php/home-news/55180-we-ll-pay-everyone-soon-pledges-jpm "PRESIDENT John Magufuli has pledged to settle, by next month, all internal debts amounting to 200bn/- that the government owes its teachers, contractors, service providers and other suppliers." So it isn't just a mining issue, but widespread corruption...

Meant to write " part in any future share fund rasing to pay..."

Does anybody know which director this applies to? "The remuneration of the highest paid director is �181,280 (2016: �171,304)." �180k is too big a salary for a company thats lost >95% of its sharprice, suffered massive dilution and has burnt through shareholders money like no tomorrow - from a moral standpoint that should be reduced... �100k is big enough. Atleast until the company gets back on its feet again... I will definitely not be taking part in any future share to pay that �180k salary... especially when shareholders(luckily not myself) have done it already. It's literally a transfer mechanism, private share holder uses some of his �35k a year salary to fund overpaid directors �181k salary... Reminds me of the open offer by John Kennedy in June where he gave a share price discount of 80%. Then soon as he stepped down sold all his share. Little parasite.

To answer my own question re reducing headcount. Just re-read the RNS. "We anticipate the headcount reducing further during 2018." Good signs...

You do raise the important point. If an Aqusition/Farm-in deal has been completed/arranged - like is being speculated on here and the other forums - then why not simply put it in an RNS. Afterall it is technically already late by 2+ months, so its a known fact that the market is expecting news, furthermore whilst you are still the CEO of the company who for the past 6+ months has been "negotiating & selecting the best partner for a deal"? Could be that the deal is not favourable, or no deal at all. I guess its just speculation, which is what the bb's are for. But doesn't seem right overall...

Been following the company for over a year now, am pretty happy with today's RNS, seems more realistic than any of John kennedy's. Still question if they could reduce the headcount even further - Why do we need 23 staff? Monthly Revenue here could come at the drop of a hat - would only take a deal or so with an ad publishing network - which there are plenty in todays digital world.

Have held here for over a year - not very impressed with today's RNS. Contrary to Algy's past news there was no mention of farm in activities. Can only hope he has not tried to separate himself as main man when the S.H.T.F... However a positive view - also realisitic - could be that Algy has now completed the farm in deal - something he wanted to steer - and will now let the selected partner do their job.

Didnt notice it yesterday, but glad the company commented on the issue. Well spotted Toshlines for noticing the error in the first place!

Does anybody know where on the site I can find the holdings? http://www.gulfkeystone.com/investor-centre/shareholder-information/shareholder-communications Seem to have difficulty finding it.

2018 Schedule H1 Singida Exploration Pt 1(Drilling) & 2(IP) Installation of pre-leech tank in April - expected to increase recoveries by 1.5% - 2% $7.9m Debt Repayment H2 Ilunga mine plan re-sequencing Exploration of Bauhinia Creek extension which remains open at depth Evaluation of Dividend policy $15.7m Debt Repayment 2018 Guidance Improved CAPEX reduction: $15.9m (2017 : $36.4m, 2016 : $54.6m) Improved ASIC price of $680-$730 per ounce (2017 : $747) Increased Gold Production 82,000 - 88,000 Ounces(2017 : 79,000) Increased G&A Cost saving target : $7m (up from $5m) Increse in cash balance 2017 Milestones(resulting in significant CAPEX reductions) -7.5 MwH Power station installation -Tailing Storage Facility completion -Water dam built -Suppliers + G&A cost savings of $8.7m -Cash balance increased to $13.5m (from $8m) -VAT repayment $3.4m -Reduced site personnel headcount to 759 people(Jan : 1177, Jun : 1075) -15% reduction salary for Senior Management and now fully paid in shares. Catacylsts VAT Repayment of $14.5m from Government Dividend Policy 2017 AISC Comparisons Lower = Better Barrick Gold (NYSE:ABX): $745 an ounce. Shanta Gold: $747 an ounce. Goldcorp (NYSE:GG): $850 an ounce. Eldorado Gold (NYSE:EGO): $860 an ounce. Agnico Eagle Mines: $875 an ounce. Yamana Gold: $900 an ounce. B2Gold: $955 an ounce. Newmont Mining: $970 an ounce. Kinross Gold: $975 an ounce. Gold Fields: $1,020 an ounce. AngoGold Ashanti: $1,075 an ounce.

Thats great to hear graham, sorry about your mum, however thats an excellent age to live to... what type of diet did your mum have? no smoking/drinking?