Member Info for FrankyS1971

Chile has a far friendlier profile for companies investing in lithium projects. Bolivia Govt own the majority of all JV projects and is not as attractive. Of course that can change.

Only way holder will get out of this is to trade your way out. The funding deal and sales cycle do not look happy cousins here.

Not being funny but I've got the best part of 10K invested here and of course I want this to come good, but the risk is very high! Next Chem have 6 employees and Clontarf less! So the raise to "further discussions" is essentially to pays these guys to have these discussion! Very trusting!! Now. Bolivia is very controlling of all its projects and will have a majority share in this and with Chinese influence may be persuaded to not progress. Further the journey from running a pilot to meaningful production is a distance away and full of hazard! Lets not kid ourselves. Each time this progresses, more cash will need to be raised, which will very possibly give the SP a kicking every time, so i don't blame the traders for jumping in and out on this one! Lets hope things go well but lets also not kid ourselves. this is a moon-shot !

Just snuck another 1500 quid in at 10.2p. 6M + shares now which will do me...well....unless it goes to 0.8 then we'll have another dip :-0!!

Oh but wait....thats what Clontarf mgt already do. Knock me down with a feather!!!!

Never in my days have I heard such utter tosh. Do you think mgt give a flying *uck about the SP today or tomorrow? They're building a sustainable industry for a nation brick by brick for the Long Term. Fiddling about sending tweets is not going to achieve much beyond lazy PI's who latch on to it and throw the odd dollar at this. I'd be more interested in them being keynote speakers at conferences and round tables where serious II's go to as part of their own substantial analysis not a jeffing Tweet...idjut lol:-))

Well I just bought another 3.5K worth at 14p exactly and within 5 minutes the price has dropped! I really believe that that shares here are in sticky hands and that the MMS are trying to shake the tree for the supply side. I think this will bounce within the next few days again!

I don't disagree with that just on the timelines. And therefore how cash is spent operationally and what that implies for further down the line. The facility set up is not very favourable to say the least.

As a reminder the AIHL market in the UK is worth (from memory something like 5M and across Europe 15M and globally about 50M. In the UK zero has been sold and each trust will buy independently and probably spend circa 250-300K if you're lucky. 2 years ago I suggested this would take a minimum of 5 years to even get close to break even and we're half way (not even). The rest of the sales journeys on a global basis you need to be thinking late 2020s. IT WILL TAKE YEARS. Riddle me this. Ops costs per year of at least 2M and no spare cash to find other applications for the Genedrive platform so there largely stuck with AIHL. If they can penetrate even half the NHS market by 2025 they'd have done very well and that might just about slow the cash burn down enough to put them on some sort of more sustainable and long term financing, or get bought at a tolerable price for investors. I don't yet see any rush or any major attraction here personally unless you like trading. There are better and safer investments IMO.

Only advice I can offer is to call an EGM fast. The management ploy will be to wind company up and take the IP and tech and clear out all the SH's and start again with fresh money. You need to block that from happening as YOU guys own the tech. Get a SH on the board fast and block the background manouevers or you'll be wiped.

What a charlie. I put a few K in this a while back and read some of the comments and now there is a clown talking about Fruad (whatever that is) and libel!! Filtered. thank god for the green.

Shaminder Rai
Position title
Interim Transformation DirectorCompany name
Amigo Loans · Full-timeDates employed and Duration
Jul 2022 – Present • 11 mosPosition location
Bournemouth, England, United Kingdom
Position summary
Leading the disposal of a subsidiary business through a management buy-out undertaking all due diligence, financial and contract reviews, transitional services agreements and ensuring all the relevant legal work is complete for Board approval. In addition, further Lean six sigma projects to support efficiencies and compliance with Exco and the Senior Leadership team.

If you read the above it rather suggests that the management buyout was happening and being planned for a good while. Therefore they cannot possibly have acted in shareholder best interests.

In essence a whole platform was built on shareholder money and that asset is being taken from one business to another at no cost.

Iranian embassy style through the windows

Your only hope is to force an EGM and vote Danny out. Then you can hijack the process. That needs to be done via Momajid and his lawyer. Once you have that done, you need a shareholder rep on the board who can start to look at whether our interests were ever fairly represented.

I'd also consider approaching the FCA asking them if they object to a purchase of the platform, with proceeds going in the pot. They I imagine would say "be my guest" so its more fuel to leverage with Danny and force his hand.

Also create some PR about ASAG negotiating a sale of Amigo with a "for the people by the people" proposition. Heap the pressure on Danny from all angles as I believe in 12 moths time they'll be building another business with the platform.

Like I said - offer to buy the tech, the platform and customer base with proceeds going into the redress pot. Why have it sat there doing nothing? If they refuse, then its simply because they have a plan to utilise it once Shareholders have been cleared out. If they refuse I would then go legal as they can't be acting in our interests at this point.

Just sunk a modest 3K into this. Could double up over the next 12 months with some positives. Could also lose it of course but I like investing in small cap innovative firms like this so lets see.

Neil you sad little human. I said I "extracted not "made profit. You've spent all that time on a misplaced rant. "extracted" or "salvaged" 4k is not "made". and if you can show me one message where I've ever said I wouldn't touch Amigo with a barge pole I'll be beyond stunned. Everyone knows I have been a LTH you moron.

Momajid, I don't think anything I can say or do will influence your mood. I sold out and can't help even if I would/could. Number one issue is the FCA, who can change the goalposts again like last time which makes the model uninvestable.