Member Info for etank

Hi Westie50 & Tuckman,

Thank you for your thoughts - I appreciate the time given,

etank

Hi westie50,

Thank you for your post - and likewise.

What I do not get, notwithstanding our differences in approach, is the fact that this share is at the level it's at - clearly there are not enough people out ther who have grasped the sheer potential of this.
How is this possible?

I have put as much of my funds in this as I can afford to - and I am not concerned about the outcome, as this has only one way to go - sooner or later.

etank

Thank you westie50 - and likewise.

etank

Hi westie50 & speedymeadie,

Thank you for your responses.

I may have to concede that I might have been a bit harsh in my choice of language and apologise if I have offended you, or anyone else.

It is clear to all of us that we are looking at the AMC situation from fundamentally different directions and I am happy to agree to disagree.

Hi Garf,

"The management team has been strengthened considerably with a clear strategy which is being clearly communicated and is beginning to deliver. "

No question about that - totally agree! Just think they should concentrate on the task in hand rather than going off-piste too far.........

etank

Hi All,

I am invested in this share to afford my retirement in some reasonable style - which I would like to start in the not too distant future.
No-one could therefore ever possibly accuse me of being a de-ramper - I would like to think that I have a reasonably unbiased view on how AMC are doing. (yes, I am also an optimist by nature)

Whilst I absolutely concur with the feeling that AMC had lost focus on how to progress with this venture and therfore absolutely appreciated the appointment of Adam Habib - I did not invest on the merit of one individual!
I invested on the merit of a huge class 1 Nickel deposit with unbelievable potential given the sheer size, type of Nickel that is in the ground and how this commodity will play out in the near to mid-temfuture, let's say between 2 -5 years.

Personally I think quite a few people on here are barking up the wrong tree.
I do NOT require a deal making "genius" broadly speaking, I need someone who can finally get a bloody hole in the ground! That's all I need, speaking in VERY simplistic terms.

All this juvenile "deal making" drivel is totally missing the point in my opinion.

Just for a reality check for the juveniles please see below's quote from the RNS on the 02/09/2020s - if I need to remind you:

"Adam Habib was a director of Jubilee Financial Products Holdings Limited and some of its subsidiaries when they entered into a creditor voluntary liquidation. Adam was a director of (i) Jubilee Financial Products Holdings Limited when it entered into a creditor voluntary liquidation on 07 September 2015. The total estimated deficiency as to creditors was £896,733. It was dissolved on 21 February 2017 (ii) JFP Securities Limited when it entered into a creditor voluntary liquidation on 07 September 2015. The total estimated deficiency as to creditors was £69,468. It was dissolved on 10 February 2017 (iii) Jubilee Financial Products LLP when it entered into a creditor voluntary liquidation on 07 September 2015. The total estimated deficiency to creditors was £385,152 (iv) Jubilee Financial Products Hong Kong Limited when it entered into a voluntary liquidation on 12 October 2016. It was dissolved on 24 February 2017. "

Having said/quoted the above I also understand that during a successfull career the odd setback can occur - I have no particular issue with that per say! Hower IMO AH focus' ought to be to make the development of Kun Manie - or sale to the highest bidder, at a decent price, happen. Let's keep it simple.

I guess I am about to receice some disapproving responses, which is absolutely fine.
On the other hand there may be quite a few people thinking along similar lines.
Everyone's opinion is welcome for the sake of debate - it just that I reserve the right to disagree with some of you.
etank

Would like to add the following to my previous post:

The Bod seems to have regained the focus required to take this project forward and I personally feel very positive about recent developments.

This is a great project and I can just hope that all the "Long Term Fans", ........as "Long term Holders" seems to have aquired a somewhat negative connotation, will be well remunerated for their patience!!

GLTAH

etank

Whilst having been critical of the BoD's performance on occassions in the past, I have no hesitation to give credit to the directors in addressing the perceived lack of financial commitment in terms of share ownership in the past, which has since been addressed more than satisfactorily IMO.

Shareholders had previously also highlighted the well appreciated abilities of RY as a geologist, however questioned his particular skillset to take the company forward - something that seems to have been addressed with the appointment of Adam............

GLTAH

etank

Hi Hughez87

At this moment it's anyone's guess, I suppose, anything can happen

More progress has been made recently than in a number of years previously and I would like the BoD to get this through the regulatory hurdles, advance finance and infra structure as far as possible whilst keeping their options ( or at least pretend to keep their options open for negotiation's sake).
We are sitting on a huge class 1 Nickel deposit at exactly the right time to bring this on stream (given that this will take several years to see the first Nickel shipment.) I really do not support the idea of lofty ambitions for the BoD to take their eyes off the ball - deliver a working Nickel mine - or sell at a DECENT price to anyone who will want to take this on meanwhile. Either outcome works for me.
If they achieve the above, I think all shareholders should be happy with the outcome - there will be some rather well off people out there!

etank

Tuckman, please do us a favour and read through the various a RNS's, some of the interviews and the general info available before you conceive the master plan.

Sorry to all about my tone today, but I am really getting tired of reading this horse****.

etank

etank

Thank you Crazytowner for your response.
It will be interesting to see how this pans out.

etank

littlebricks, "excess cash paid as dividend", I am clearly not as forward thinking as you are, however, I would be curious how you and some of the other posters who seem to think along seemingly similar lines propose for this to materialize? What excess cash would be my first question..........

Cloud ****oo land springs to mind...............please feel free to convince me that some of you out there (and this is not aimed exclusively at littlebricks) do not talk total boll*cks.
etank

Hi littlebricks, any prefernce on proposed funding regarding "add a couple more NRR type deals"?

etank

Hi Potatohead, thank you for your response.

I was only asking because matters have moved on considerably since the time you were reflecting on.
I would not even begin to want to list all the positive developments since then, as I, as a LTH I understand these frustrations from the past.
However, in all fairness they are exactly that - frustrations held from the past.
Please, if you would not mind, consider the difference between now and then.

Kind regards
#etanks

Potatohead, may I ask if you are still invested in AMC, please?

etank

Tuckman, we are in ageement then. :-)

etank

Tuckman, do I sense that you are no longer as certain of what might happen? Quite right too. None of us know.
.......with the exception that battery grade Nickel will go through the roof.

etank

Tuckman, given the dynamics developing in Nickel demand near/medium term future as evidenced on a daily basis, I definately prefer this largely predictable environment to Adam "making deals", which despite the NNR suceess, is still an unknown. Compliments to him thus far, however there also lies a chequered history behind this success.......In all due respect and appreciation to Adam, would you consider it wise tp rely on one individual to deliver? I don't.

etank

Tuckman,

All views/ scenarious are appreciated.

As I had alluded to in a previoud post my concern would be that due to a lack of knowledge/short term perspective by some recent shareholders, a fantasic opportunity could be lost.

Having said that there are a staunch group of LTH on here that I would guess will not give this up for peanuts.....we have waited for too long.

For either group of shareholders extracting maximum value ought to be the goal, surely.
I just don't think that some of you out there get it- or you might argue that I don't
Matter of opinion I suppose.

etank

Tuckman,

Totally disagree with your last sentence.

I am invested here for the merits of the asset in the current/ near term future with regards to Nickel demand not for some ( at this moment in time mythical ability of Adam to make miracle deals).

Sorry to say, you would appear as one of the recent arrivals that have not grasped the potengial of this project IMO - of course I could be totally mistaken. No offence intended

etank