Member Info for JoeBass

"I suppose that one positive is that the issue of the PFS is not going to be postponed until 2019"

Given recent history, we don't know that for sure. I have now accepted that it will arrive when it arrives. It's probably best to have no expected time frame.

This is no rant, just my observation and how my views have changed by very recent events.

Having reflected on recent events, witnessed how the views of some pi's have changed and the current general mood on different forums is very mixed. It brings a realisation that all is not what it seems with AMC, in a bigger way than I had previously considered.

When I first invested here, there was just over 200 million shares in the company, I think we will soon see 800 million, so I've seen a lot of dilution, yet despite this, we still believe, to varying degrees.
For years we have all been very bullish about the immediate future, always saying, not long now, wouldn't want to be out this weekend, when's the £1 (pound) party etc, etc. We have been conditioned that way, believing in the communications from the company over the years, truly believing a T/O is just around the corner, and why not ? a truly world class asset.

One of the biggest disappointing factors with such a fantastic asset is, the companies inability to attract decent funding, after all this time. A $21 billion insitu value before 2018 drill results, which may take it closer to $30 billion and a lot more for the next man.
With all the current media surrounding the EV revolution, companies and states looking to invest and lock in battery materials, why is there no interest in AMC ? We're on the doorstep of the 3 largest nickel consuming nations globally.

I always believed in staying the distance and the £1 party story, but not any more, where it ends up is anyone's guess, if it ever gets there, I will be long gone before it. We seem to have as many mountains to climb now as we did many years ago, albeit they're different mountains.

RY's achievements in the field of exploration have been exemplary, we have a multi billion dollar asset, thanks to his endeavours. I never expected it to be this big, but I also never expected to be still invested after all this time, sitting on a sizable loss. I have never sold or traded, I still hold the same shares I bought nearly 10 yrs ago, so I guess I'm a true long term investor. I feel like I'm paying a heavy price for being an investor as opposed to being a trader. I can't bring myself to jump ship now, cus there's still a slim chance of a ball breaking RNS when you least expect.

I have for 99% of my time here been very happy with most of RY's comms, but since the, PFS will be out by end of Q4 2017 promise and recent promises, it's left me with a very sour taste. I feel beaten, trodden and weary.
I do now want out when I'm in profit, it's been a long arduous time here and way too much of my life is attached to this company.

I see AMC now more like a rainbow, but a very large rainbow, yes the pot of gold appears to be just over there, but we all know, the closer you get to the rainbow, the further away it appears.

Interesting response to your post GB33,,,,,,,,,,,,,,,, Okay, I'm all for being a team player. I'll lay off him for now.
Lets see how this new term " very late stage of completion." transpires.

"Frank Sonnenberg is an award-winning author. He has written six books and over 300 articles. Frank was recently named one of “America's Top 100 Thought Leaders” and one of America’s Most Influential Small Business Experts. Frank has served on several boards and has consulted to some of the largest and most respected companies in the
world. "

I implore the most ardent of RY supporters to partake,

How many do you count from the below list does RY tick ? Remember, credibility is lost if you tick one of the below.
I count, 11

50 Ways to Lose Trust and Credibility

1. Act nice only when you need something.
2. Base decisions on bad or incomplete information.
3. Fake an answer rather than admitting you don’t know.
4. Claim to be an expert in everything.
5. Fail to stand behind your product.
6. Tell two people two different stories.
7. Make self-serving recommendations.
8. Fail to follow up promptly.
9. Make careless mistakes or errors.
10. Show lack of care and concern.
11. Overpromise and underdeliver.
12. Bury information in the fine print.
13. Spin the truth.
14. Adopt a messy physical appearance.
15. Offer each customer a different price.
16. Love you before a sale; leave you afterward.
17. Recommend more than needed.
18. Show up late or miss deadlines.
19. Sell what you have –– not what’s needed.
20. Be inaccessible.
21. Speak in jargon.
22. Make excuses rather than accept responsibility.
23. Fail to fix a problem, promptly.
24. Disparage the competition or bad-mouth your own organization.
25. Compromise your principles and values.
26. Waffle on decisions.
27. Pass the buck.
28. Say one thing, do another.
29. Leave out important details.
30. Exaggerate or cry wolf.
31. Fail to present both sides of an issue.
32. Present boilerplate solutions to unique problems.
33. Expect others to do what you wouldn’t do.
34. Show favoritism, strong bias, or prejudice.
35. Bully someone “smaller” than you.
36. Let someone learn about a problem through the grapevine.
37. Accept credit even though it’s undeserved.
38. Misunderstand the needs of your audience.
39. Plagiarize.
40. Fail to answer questions clearly.
41. Make rules, but don’t follow them.
42. Cast blame at the first sign of a problem.
43. Sweep problems under the rug.
44. Play politics rather than doing what’s right.
45. Be inconsistent, unreliable, or unpredictable.
46. Run from tough decisions.
47. Change the terms of an agreed-upon deal.
48. Jump to a conclusion before knowing the facts.
49. Have an ulterior motive.
50. Hand in unfinished work as complete.

I am absolutely disgusted with RY's complete and utter disdain for his shareholders.

Irrespective of what may or may not be going on in the background, and we have no evidence to suggest anything is, there is zero justification for not informing us re, no media week and no executive summary.
He had a duty to tell us, it's either postponed or cancelled and why. To tell us now, after September, just doesn't save him. As it stands, it can only be seen as, false and misleading statements.
Inexcusable, indefensible and unbelievable.

Imo, as of today, with no explanation, he has lost all credibility and integrity. Only people who don't have a very high priority on credibility and integrity, will have respect for him now.

*Honor your commitments*: "If you tell someone you are going to do something, do it. Unless you are dead or in a coma in the hospital you are responsible for fulfillment. If something interrupts your ability to honor that commitment, own the outcome and inform the people and tell them the truth about the situation."

*The Integrity Test*
"The notion that behavioral integrity is important should be common sense: Align your words and actions in a way all concerned see. Keep your promises. Don’t spin.”

*Dishonesty.*
"This can mean a lot of different things; sometimes it just means withholding information, other times it means a blatant disregard of the truth. Regardless of the circumstances, however, dishonesty will always destroy trust. Honesty should be a priority even if that means losing face. Honesty trumps perceived perfection every time."

*Lack of clarity*
"When a leader fails to offer clarity of mission or clarity of values (PFS), people are unsure of their collective mission and their collective identity. When clarity is absent, trust erodes. An unclear leader loses credibility as people look to leaders for direction."

One can only describe his recent leadership as, unscrupulous and I genuinely say this with a heavy heart, as I have been very supportive of him for many years. I am feeling very let down at this moment.

As time has gone by, Robin Young has made himself look incompetent, deceitful and untrustworthy.

To the media week, executive summary and significant news ?

"("PFS") which is in a very late stage of completion." that's worse than imminent.

I just find anything they say, difficult to believe anymore.

Will the market give back what they took last time ?

"The significant increase in high grade mineralisation adds not just to the overall total resource but will also positively impact the mining schedule and therefore the NPV of the project. The final analysis of this new material will not be available for some time but will not impact the release of the Pre-Feasibility Study ("PFS") which is in a very late stage of completion."

That post should be in quotation marks.

It is the barometer with which others judge you and, by extension, your company. It drives your ability to raise capital, attract partners and hire the best employees.

Of paramount importance to maintaining credibility is effectively managing expectations—those of your shareholders, investors, partners (or potential partners), employees and the myriad other audiences that matter to your business.

A key to this is open and honest communications with your audiences while maintaining perspective on how outsiders may see the company. Acknowledging any weaknesses is a great tool to both build credibility and set expectations. This is done by converting your weaknesses to milestones or use of proceeds, if you are raising capital.

When talking to key audiences about the future of your company, set short-term promises and long-term goals. Remember that to effectively manage expectations, you must always deliver on those short-term promises, so consider them (and the time lines with which you plan to meet them) closely before going on the record.

For long-term goals, note the ever-changing nature of this industry and understand that it is often difficult, if not impossible, to stick to them. You will have to proactively make the necessary adjustments on those longer-term goals. If one appears in jeopardy, relay that information immediately, because one surefire way to damage credibility is to hide a potential missed goal until just before or after the fact. It will cause your audiences to wonder what else is off track within the company and could lead them to doubt other things you say. So if you realize that a goal is no longer attainable and needs to be recalibrated, communicate it right away and reassure the necessary audiences that you have a plan in place to meet the recalibrated goal.

This brings us to the term 'sandbag'. One way to avoid having to recalibrate long-term goals or, worse yet, failing to deliver on those short-term promises is to sandbag your corporate milestones. This means that if you have a clear understanding of your business and company, you may be able to anticipate where delays or hiccups could occur—clinical trial enrollment delays, manufacturing setbacks, financing problems and so on. Once you have determined where possible issues could arise, stretch the time lines in those areas so they are more immune to the ups and downs of the industry. Sandbagging your publicly announced milestones should help you avoid both breaking promises and, as a result, damaging your credibility.

I read a few forums and this one, is by a long way, the biggest d**k measuring contest of them all.

There some monsters on here, bigger than anything HUR will ever find. If the cap fits, wear it.

I'm now convinced they are in possession of privileged information, which effectively puts them in a close period.

If they have stock and they've stopped selling, imo, it has to be this,,,

"They are aware of something that isn't in the market place and this is preventing them from trading."
because that puts them in the insider information category, which as you say,
"has now locked them out"

Let's hope that's the case.

CT,,,,

What's your take on this from JulianM, posted yesterday ?

"It would appear that Riverfort have not been selling over the last few days.Maybe that is because they have nothing to sell until their latest batch of shares is admitted for dealing which according to the RNS is on or about today.So will the selling recommence today or tomorrow or perhaps later this week ? Only if it does not will I begin to wonder whether they have changed their approach"

Answer "Team: We adamantly stress that any indication of the economic potential of Kun-Manie not sourced from the Company should be ignored for multiple reasons. Primarily, these can establish false expectations. In the determination of a project’s NPV, Internal Rate of Return (“IRR”) or Payback period one must include numerous parameters which interact with one another."

Let's see, "economic potential of Kun-Manie not sourced from the Company should be ignored" yes, we could ignore unofficial calcs, if you gave us the proper figures.

"these can establish false expectations",,,,,,,,, you've got some phucking nerve with that statement.

GB33,,,,

That reminds me of a joke from yrs back, yet this maybe RY in the joke,,

Deaf man,,,, "I got some new hearing aids fitted this morning, they were really cheap."

His friend ,,,,,"nice one, how much were they ?"

Deaf man,,,,, "half past three"

That this statement,

"September 2018
UK Media Week, London, UK
Dates Being Finalised"

means the dates of a media week will be finalised in September ? It's just not the way I read it. Am I reading it wrong ?

"until we know the facts"

And there in lies the problem, we never get to know the facts. We just get faced with his mushroom strategy.