Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
I heard that the Solg board all applied for the clowns job at McDonald's but we're turned down as they were found to be not remotely funny and incapable of juggling more than one thing at a time - their next job application will be parcel delivery on the Solomon Islands
Most - we issue shares in desperation at 16p and zero when share price was 30p plus last year - what is the deadline for the SR? Are we exploring - no one has any idea - when reading this board everyone seems to be guessing what's next as opposed to a road map - why is everyone having to guess ?
The only time the Board seem to care is when they want our votes - shocking treatment of PI's and Fauzi gets $450k pa for communication and investor relations - I hope we see a 30-40p next year so we can bail out if we want to - the Board are just taking the pi55
When Solg/CGP each partly owned ENSA, Ecuadorian tax rules made purchase inefficient for any buyer - with the CGP purchase that has been tidied up ENSA, this makes a sale more likely than was the previous case -I believe the intention is to sell this off and probably CGP do as well
CGP will not care whether it is Solg or BHP or etc - they just want the maximum deal for themselves -this will get the ball rolling to flush out any other bidders for their company - hence as mentioned by others, we need to get this across the line asap
Quady - why has the share price fallen over 50% in a few months - I guess the market has full faith in our mgmt - the board should allow shareholders to question them - at the last AGM that opportunity didn't take place - where are the Regional partners ? It's been over a year maybe 2
Quady you have more faith in the mgmt than I do - to lose one FD is careless, to lose 2 in such a short time under the same CEO who has been in place for less than a year speaks volumes - even McDonald's wouldn't employ these clowns - of course the company are going to say we are going to production - but who will be the owner when it happens - how will they raise the capex when they seem to have failed in a "small" fund raise - everyone says they have the expertise in house or with 3rd parties - I am sure Rio said the same with the Mongolia mine and what happened there