Hello sasa439 Mar 2021 04:29
I hope you're well sasa and yes we've been around a VLT, too long.
I've probably read every post from you over the past decade and this is the first time, sadly, we must agree to disagree.
This situation is not good for any of us, many of us have been here several years, sucking in the lies and being misled. Up to the back end of 2017, I had supported RY and gave him the benefit of the doubt. But a time comes when you feel someone is giving you flim flam.
Since 2017 it's actually got worse, there is a post earlier that kind of gives you the gist, from 2015,
"This funding and securing it now means they have 90% of the DFS funding requirements already secured and they do not need to spend time or resources on securing more finance - the balance they expect will come from the Far East Development Fund."
And roll on end of Q1 2021, where are we now? , we don't know, thats the problem and we're being diluted into submission.
He had the opportunity in the last RNS to give us some hope that we're still on track to deliver the TEO in Q1, but no, nothing, that tells me, here we go again, end of year, another year we don't get back.
We have no line of communication with Young, he refuses to reply to any shareholder, constantly says he will update and never does. Leaves us all guessing and speculating, thats a bit rude/disrespectful to say the least. A shocking and disdainful attitude.
This is the only means we have to show him our discontent with his appalling lack of communication and clarity with ongoing affairs, that's if he still reads this board, which I very much doubt.
So I will not stop bemoaning and criticising him, as is my right, untill he shows some respect to us and delivers, one way or the other.
This ill will towards him is self inflicted and easily avoided, this is not his private company and he has a duty to keep us fully informed, good or bad.
Not one shareholder here wants this to come good more than I do.
I will not do as he does and stay silent.
I finish with AMC corporate governance code, updated Feb 2021.
"Principle 2: Seek to understand and meet shareholder needs and expectations
The Company remains committed to listening and communicating openly with its shareholders to ensure that its strategy, business model and performance are clearly understood and communicated. Understanding what analysts and investors think about us, and in turn, helping these audiences understand our business, is a key part of driving our business forward and we actively seek dialogue with the market. We do so via investor roadshows, attending investor conferences, maintaining regular updates on the Company's FAQ page and our regular reporting.
Amur is committed to providing full and transparent disclosure of its activities"
The above cringeworthy code makes a complete mockery of RY.
Link, for those that have not seen it.
https://amurminerals.com/corporate-governance-code/
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