Member Info for JoeBass

"AMC has already told the market that is what's next along with the latest met testing reports"

AMC told the market on the 22 March 2019, "I look forward to providing a more in depth perspective of the strategic partnering plan in the very near future."

Were still waiting.

AMC told shareholders on 4 December 2019, resource update would be public before year end, you want more examples of these promises?

"How would you suggest they proceed?"
I answered this question not long ago, different wording but same question.

I will answer this genius question with a none genius answer, how about proceeding with a resource update, that would be a good start.

2nd Jan 2020 ............... 1.99p
3rd Jan 2019 ................ 3.88p
2nd Jan 2018 ............... 7.58p
3rd Jan 2017 ................10.22p
4th Jan 2016 .................7.00p

5 years of asset growth and 5 years of share price destruction.

A huge well done to the BOD for delivering so much shareholder value, these past 5 years, take a bow guys.

To put this ridiculous mcap saga into some small perspective, palladium is up another $52/oz from my earlier post
That small $52 increase has increased our in ground value of just one byproduct by, $47 million or £36 million, 2 x our mcap.

Whatever is going on in the background, imo won't be pi friendly. When RY signed off that clandestine £1.2 mill mates rates deal, he effectively valued AMC at 1.7p, with the full knowledge of the 2018 drill upgrade impact.
Why do that raise before making those numbers public? maybe this asset has become more strategic or valuable than the powers that be, ever imagined.

The lies, silence, missed deadlines, no living document, published events not happening no strategic review update, no nda details, directors giving up salary, no drill updates 15 months on, shocking clandestine fund raise.

You could stomach some of them if in between, there was some sp enhancing news, but its overwhelming, the amount of smoke and mirrors tactics is staggering.

Did someone put a size 11 across McKay's neck, after his investor event comment or is he just as bad as history suggests?

Is Robin Young really this deceitful, incompetent, disloyal or are bigger forces at play?
Big asset, big money = dirty players.

It's becoming incredulous beyond belief.

Geng,

The 5 x sp was not the point.
It could be less.
The point was, shafting us without knowing the 2018 updated.
I wouldn't put anything past this mob running the company.

The anonymous 10% buyer is a good example of clandestine dealings.

What are the odds of a derisory offer ( 5 x current sp ) being made for the entire share capital and never getting to see this upgrade?

Are we being conditioned, driven to despair?

Something really stinks here, this continued defiance to inform shareholders of this alleged substantial increase, begs the question, are we being shafted?
Today's palladium price is $2,045 /oz, we know we have, at the last count, 917,000 /oz, that in ground value is, $1.875 billion and that's just a byproduct.

What is the current figure? they know, but WHY do they say these will be made public, yet continue to conceal them?
Clearly these numbers will ( hopefully ) have a significant impact on our woeful £17 million mcap.

Someone or some organisation does not want us to know.
How many months is it since 2018 drill campaign finished? is it 15 months?

I don't accept that they're not ready, on 4 December 2019, McKay said they were.
What are they hiding from us?

It seems this train is about to leave the station. When it does, the ticket price will rise. Or you could stand on the platform and watch it disappear into the distance.

"I ban only personal abuse posters"

But of course, you're exempt from that.
Your recent personal abuse of callmebwana and crazytowner is utterly shameful and you should be removed from ADVFN.
AIMO, of course.

From 1 to 10 of my points, which do you believe are wrong?

Does anyone disagree with any of points 1 to 10? if so, give your view and state which are wrong.

"When you say company owners, how many shares you have?"
That's none of your business.

"why are you talking like it would be all holders agreeing to what you say???"
Where do I state that?

From 1 to 10 of my points, which do you believe are wrong?

I have seen your posts on ADVFN, where you rip into RY, along with your vile foul mouth outbursts to other posters and how you moderate every post that disagrees with your warped view.

"And what do you think another boss could do that RY hasnt already done."

1. Tell the truth.
2. Don't lie and mislead shareholders.
3. Don't miss promised deadlines.
4. Deliver shareholder value.
5. Don't giveaway 10% of the company.
6. Reduce number of directors.
7. Improve communications with shareholders.
8. Adhere to your own Corporate Governance Code, principal 2. (AMC website)
9. Don't treat shareholders with contempt.
10. Show some empathy and respect to company owners.

All the above would go some way in restoring investor confidence.

"Personally I'd rather see us sold next year for 200M than this year for 100M, no brainier really"

I think 100 million would have been game, set and match this year, it would probably do it next year too.

Is it a good update ? not a criticism just a question. The market showing us down 14% doesn't think it is.

Or is it this, Paul McKay said to shareholders at an investor event last month, "Reserves statement will be public before the end of the year."
Why dupe us ?

"People never happy here"
SERIOUSLY ?

You've not been around long have you?
You expect people to be happy when the BOD continually to lie ?

Robin the liar has lied consistently for the past 2 years.

"Reserves Estimate - compiling resource estimates incorporating the newly defined mineral zones identified during the 2018 field season. Resource estimates for each of the three deposits of Maly Kurumkon / Flangovy, Vodorazdelny and ISK (the now linked Ikenskoe / Sobolevsky and Kubuk deposits) have also been received by the Company and are currently under internal review."

So, it's clear from above statement, they have no intention of releasing this info anytime soon.

Well, they have achieved it, next level incompetence. No 2018 drill updates as promised. These guys have no shame when it comes to lying to shareholders.

But hey, they got the 150 million shares, job done, on us.

Running out of time,,,,,,

"For me it's an opportunity for Paul McKay to step up. He's been at the last couple of investor events and makes a good impression, now he has to deliver to his word."

"Could we actually really see updates from the 2018 drilling season not reach us coherently until 2020? That would be next level incompetence!

Up to you Paul, you were 4 foot away from me when you said this would be so. I'm hoping you're a cut above the rest."

A very pertinent observation, cottoner

Patiencepoor,

It would not surprise me if you're right. The cynic in me says, that promise of resource update Q4 2019 was made before the AGM, we know they wanted the support and vote from the downtrodden pi's, so was it another lie, a sweetener to get what they wanted ?
Not long to find out if we've been duped again. 6 days.