Member Info for Handwinder

There was no volume last week!

Yes he should do the honourable thing and the Neds should recruit an engineer or proven engineering manager. Anything but a legal functionary.

I have been stating this position for months and it is a plan to help shareholders and the viability of our company. His failures are legion.

Better week ahead.....have you seen his resignation letter? Or is that not the good week we are going to have?

Did someone actually suggest that Rowan could prove the doubters wrong? He has been only wrong at every juncture, even if our new delivery partner rescues us from this latest fiasco it wont ever mean Rowan the Worzel Gummage replicant was right. He might escape outright disaster but for goodness sake even his mum would suggest he does something he is more capable of.

There may be agendas here but the overriding sentiment here backed by historical facts is that Rowan should go. This company is a failure, there is not enough volume to interest real shorters, if there were they would have a field day. Licensing the product is a good idea...but not because we need it to fulfill our own orders. 50% of a major contract written off because we do not have a management team. What is a legally trained scruff doing running our engineering based business.

They bough a massive lumber yard. They have about a third of an acre in their unfinished and non compliant Coal Switch production facility. Why spend millions on a huge site, tell us and the broker and nomad and analyst there will be material revenues from lumber as an addition to when Coal Switch is up and running. Without the JV there is no chance of making the contracted delivery, who is responsible for that? The press release this morning should have been direct and honest, doing what is required to get a job done is part of any business, hiding behind the JV and painting a victory out of abject operational failure is contemptible. The NOMAD and investors at the last round should ask for a suspension whilst they remove the Board.

Sorry to be a doom merchant. Reviewing lumber activities and revenues materially below expectation. Hidden at the end. This is a profit warning

Totally agree that one RNS could change everything.

It would be "I resign with no severance package because I have destroyed everybody's ability to pay school fees and skiing holidays so why should I get paid for failure. Thank you, i am not off skiing or shooting now."

Stifler you have held, but would you buy more if Rowan was fired and an experienced engineer/ operational business person took over?

We are all moaning because its a comedy. And we are the fools.
Yes i have held because i am not a trader and the amount i have at these levels is so low its not really worth selling. Also others must be told to avoid the Rowan effect.

The red flags have been here for years, Mr Spinks was a promoter but not a businessman who could deliver, he appointed or so we are led to be believed his successor. We now have a lawyer trying to do a mans job. No sexism intended just a bit of dark humor, what we need is a clean break and a clear out of the Board.

When we have management this is a buying op at anything under 3p But now confidence is shot as AEG stumbles from one avoidable crisis to the next.

I wonder if the milk man is going to issue proceedings next. Where is the engineer who knows what he or she is doing. Rowan ..... I am embarrassed on your behalf. Non execs ask him to leave, appoint an engineer and realise the potential we have here.

Interesting that they didn't announce the case through legal channels and then when they get a court date they refute the claim which they had not even admitted was lodged.

Come on Mr Nomad make sure AEG play by the rules. Rowan will do as he likes without oversight so please do your job.

Elon Musk slept in the factory to get production on line and showed great vision and commitment. I know expecting that from Rowan is nothing more than dream land but i do agree that a failure to communicate if the RNS timelines are not going to be hit would be Rowan's biggest failure yet.

But we are not there yet and the engineers on the ground may get it built on time. We do hope.

Does anyone really think Rowan would put a delivery time into the public domain for him to miss again? I think all we will get is the longest Q2 since the Gregorian calendar was conceived and then no apology.

Please prove me wrong just once!

So Novum has been our seller! 11m shares was a hefty overhang to clear. Lets now plough on and hope our long term view is better than their short term view.

I thought Rowan wriggled and would only commit to q2 for completion.

I don't really think anyone on this board or indeed most of the world are overly bothered about what Russia has to say about anything. Nord Stream does not make sense politically or financially, renewables and nuclear are the future. I hate to say it but gas is a 20-30 year sticking plaster . Gas makes sense as a transition fuel but spending countless billions on infrastructure to use it is madness.

If AEG had to reply they would. The exchange would demand it and the Nomad would be on the hook. The letter was sent on the 5th its now the 8th. The company has now had several hours of the cat being out of the bag and still not responded, so i guess they don't feel the have to.

My thoughts on Rowan's abilities are well known but even i think there is an opportunity to make money here. The letter is so not nice but also full of hot air. I never thought i would say it but i am going to buy some more if we get a panic on.