Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Tiburn,
you should put yourself forward for the board. Certainly you seem to care and work harder than our current team.
https://www.actionfraud.police.uk/what-is-national-fraud-intelligence-bureau
I was pointed towards the police after complaining to the FCA, Financial Conduct Authority.
Shares are certainly not my specialty. I feel sure that if an experienced shareholder could explain the case more coherently than I have done then this will move forward. Obviously, also as said before, the more complaints the merrier.
Early days Alexios, but certainly the cross-referencing will begin and relevant names will start to flag up.
Beevorama and the other 8 likes....I have posted same on Twitter.
I had a reply from UK National Fraud Intelligence Bureau this week. AAOG case is now registered and any further details are requested.
Hello Skittish,
How much would it cost for the hi-reg versions of your pictures?
Ah, but that would be sensible, Irish. Not sure AAOG are allowed down the logical path.
I have had this reply. I think that a consolidated response would make more sense and look forward to Align's take on this.
Adrian, I think the RNS is deliberately vague to cause confusion.
No replies to FCA etc email Papa
Fill your boots. Maybe it's all a big misunderstanding and the share price will go back to 20p, Sefton will dig the oil out himself .
(Shaking my head). How was it living in your cave for the last year? JB is considered to be in the thick of it.
FWIW I have sent my thoughts along with a copy & paste of the Align email. Anyone who should know has been told. Let's see if they do the decent thing and audit the books.
The thing is Amtech, fact can seem stranger than fiction. One of the posters said on here recently that a new comer would think that we are running through a industrial espionage book draft.
Raining here tomorrow, Papa. Time to catch up on some paperwork and send the email template off.
IMHO if the Congo oil ministry were happy with the Zen deal then we would have heard something by now. Fingers crossed they think that it’s a non-runner.
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This is a clear breach of fiduciary duty that has resulted in the deprivation of value to AAOG through the sale of the ESA stock block at a significant discount to Mr Jennings and Co’s offer. This comes on top of many millions of shares being voted against the resolutions at the GM on the 13th January and that were simply disallowed with AAOG directors being purposefully opaque until mere days before the voting deadline as to the procedure to follow.
The AIM market has become riddled with corruption, fraud and the latent protection of vested interests of crooked directors rather than the furtherment of their shareholders interests in recent years. In short the market that you preside over has become toxic. It is time that proper and thorough investigations into wrong doing is acted upon and there seems to be more than ample material for you here to send such a message to the wider market in bringing wrongdoers to the wider market’s attention should you establish such.
This whole AAOG episode is an example of where directors interests are at clear cross purposes to their very shareholders they are tasked to represent. It is a travesty of epic proportions.
CC Christopher Raggett, Finncap
CC Mark Steward, FCA Head of Enforcement
Richard Jennings
Director
Align Research Ltd
Richard.Jennings@alignresearch.co.uk
Tel 0203 609 0910 or 07921 513393
It seems some people were having trouble downloading the template below. Here it is again.
As u probably saw, sadly Ms Cope saw fit to accept another worse deal for shareholders than the one we proposed last week,
With this in mind if u want to do something hopefully positive to bring her and her cohorts to account for their actions in recent months below is a template letter to send to the following email addresses: craggett@finncap.com; Marcus.stuttard@lseg.com; mark.steward@fca.org.uk – they are the Nomad, head of LSE/AIM reg and the Head of enforcements at the FCA. Feel free to cc me in if u wish.
This just may prompt an investigation if enough people complain.
Dear Mr Stuttard
I write to you as a concerned shareholder of Anglo African Oil & Gas Plc (“AAOG”) and one that is significantly out of pocket.
My concerns centre around 3 issues:
1 The accuracy of the RNS’ released by the Company from end 2018 through to the summer of 2019 and that I had relied upon with regards to my investment in AAOG. Further, Mr Sefton held a number of video interviews with Proactive Investors in which the clear and overt message was that the Tilapia field drilling was better than anticipated. Subsequent events that have brought the company to the brink of bankruptcy, with inordinate sums running to seven figures spent on travel and hospitality as detailed in the company’s most recent report and accounts, have shown many of these statements to be, at best questionable, at worst outright misleading.
2 Seeming conflicts of interests on the part of David Sefton and James Berwick in particular and that appear to continue to this day with the current incumbent board surrounding the use of AAOG company funds, in particular relating to the aborted acquisition of the Medco Tunisia assets in which Mr Sefton & Mr Berwick then invested through those assets’ acquisition within Anglo Tunisian Oil & Gas Ltd.
3 What looks to be a clear breach of fiduciary duty on the part of the current Board, in particular Ms Sarah Cope who has singularly obfuscated attempts by Richard Jennings of Align Research and his consortia to attempt to rescue value within the company. By way of background, as per the open letter to you per here - http://www.alignresearch.co.uk/anglo-african-oil-gas/open-letter-to-marcus-stuttard-ref-anglo-african-oil-gas-plc/ from Mr Jennings of 19 January 2020 it seems that a solid offer from Mr Jennings and Co that was at a higher level than that which Ms Cope and her remaining Board sold the block of ESA stock held by Riverfort & Yorkville was simply ignored. This is a clear breach of fiduciary duty that has resulted in the deprivation of value to AAOG through the sale of the ESA stock blo
Thank you Merlin for sharing (part) of the Align email. The best way to read it in full and get the template letter to press for an investigation is to email richard.jennings@alignresearch.co.uk and ask to be added to the AAOG shareholder list.
This is important guys. A lot of our cash is at stake.