Member Info for Fishysaurus

It s not "unreasonable" it is totally unprofessional management, It either shows that Leon holds shareholders in contempt or that his management is so totally poor that he thinks asking people to vote on something without telling them about it first, is an example of competent management.

If we get no information prior to the vote then for me, I am certain Leon must be removed ASAP.

Quite a drop at the end of the week?

I have been following the days of back and forth on here, reading all the positives and the negatives. There are some very good points made and some clearly intended to try and move the SP in either direction, through speculation.

My key issue is that how can ANY professionally managed company ask its shareholders to vote for something WITHOUT releasing all the relevant information?

This new potential investor clearly has information that has not been distributed to all shareholders', and I can only assume that major shareholders have been informed prior to the vote? If this is the case then for me this is highly unprofessional and leaves us private SH at a disadvantage.

If partial release of information has not taken place, then how does LC think he can carry a vote whilst keeping SH in the dark about exactly what they are voting on?

Either way I look at this I fell that LC must be removed and a professional competent CEO be put in place. Asking SH to vote on a deal without all the facts is incompetent management. My view is that this only leaves me in a position to vote NO, even if after the release of information we then come back and have an informed vote.

I cant help but think that we are being herded towards voting no due to the deliberate none disclosure of information - but WHY?

Thoughts?

I am getting to the stage where unless Leon is going to do some or all of the following:

1. Going to make very significant personal investment

2. Announce significant output targets and deliver on them profitably

3. Announce resource plans that deliver significant SP rise

then I think he has more than had his chance and needs to be removed.

At the end of the day?

One of the reasons for the "depletion" of the UK assets is that with a high level of taxation, it quickly becomes uneconomic to exploit gas and ool fields as the natural reduction in pressures they experience. There should be some form of sliding taxation as the fields start depleting... but thats too complex for Politicians and Civil Service to think about

What are peoples views on whixh way to vote at the AGM on each of the votes?

Rather glad now that i missed out on the placing, a few institutions must be annoyed. Just wondering if topping up at this point is wise?

You might say there are more sellers, however oddly I can buy cheaper than I can sell at several points during today when I do dummy sells and buys. Sort of suggests that they are looking for sellers.

Must be a little galling if you took up the offer at £10

As a matter of i terest, how much silver do we produce each year, I couldnt find a figure

As a matter of i terest, how much silver do we produce each year, I couldnt find a figure

It will be interesting to see if Simon Thompson puts JLP into his Bargain Share 2026 selection

I suspect with the international competition on resources, that a European source of copper would get a lot of European push to approve it and ensure supply

I would assume that whoever bought the £1m at the close last night, is likely to be looking for a minimum 25% rise on their purchase price as a target, but I would suspect that 50% is more likely.

Can sell 100K for 3.06p but cant get a quote to buy the same

Would a hedge fund or something similar want to take a sizable position and try and force a wind up, get a fairly quick 20%+?

As I raised the issue at the weekend, I WILL say again, THIS is the time for management to show the shareholders their cast iron belief in the company by making significant purchases

Big difference between "need" and "should" morally in my book

I wish that if Leon has confidence in our future that he would follow the example of his FD and make a substantial purchase of shares from his own money. It would need to be a few million shares to be meaningful.

After all with the now delayed results he has a 30 day gap in which to do so. If nothing else it would align him with shareholders who believed his story and who are currently Sat on significant paper losses.