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My feeling too Onco. I've been doing a fair bit of research in to AG this weekend. Someone saying we've been scammed by a big name, plus exciting sparkly websites professing magical opportunities in distant little known countries.
Gone in to the newspaper archives, some from decades ago to build up an understanding of AG. First of all I wanted to ascertain if he was legit and not take it for granted that he was. Even if by other, more experienced folks on here. He's passed that test.
More interesting was understanding of the nature of business he is involved in. The geopolitical issues are unbelievably complex in the East European/middle eastern countries that he tries to invest in. He seems to take a particular interest in those countries where the powers that be are prepared to consider privatising the national assets. This often happens in line with political changes away from the Communist/socialist styles of government and a move towards free markets. Part of succeeding in these difficult environments inherently involves backhanders to government officials and what not. That is just a reality of doing business in these countries. But of course should he successfully navigate the issues he is in for enormous rewards and this appears to have been his model of business which has made him a very wealthy man. I'm not saying that he is having to do this in relation to CGH. What I am definitely saying is so much is out of his control in relation to his investments in these countries panning out the way he wants them to. And yes I do think this may potentially be a source of delay for RTO in to CGH. The rights to mine (Vayk Gold) themselves have a questionable past although truthfully there is little he can do about that and nor is it really of any relevance but it paints a picture of the context he is operating within. This alongside government resistance and/or local residents. Making legal challenges to the project, absolutely no different to what we have seen with Heathrow third runway or virtually any project that impact on the land. There is always someone who will object and make a challenge.
This ties in to your point onco. That there are different opinions at hand to the target perhaps. Having read what I have read about Antos. His connections are mind blowing and I am sure he will have absolutely no difficulty finding a suitable RTO target which will ensure he does not lose face nor his £320,000? worth of investment. The former is probably more valuable to him than the latter. Make absolutely no mistake his primary aim in relation to investing in the stock was to secure an RTO in to CGH. He will hold out for this as long as it is possible right up until the delist date.
ah marko's post reminded me of something i posted back in sept, just going to leave this here in case anyone's decided to quit drinking the koolaid dished out by some on this BB as the deadline draws nearer.
"RE: Quiet today......30 Sep 2019 13:46
I'm a ten bag believer but the wording is more vague for me, so devil's advocate and red rag to the bulls...
"The Group is in a good position to achieve its long term investment plans (to finally resolve and close this sh*thouse). Discussions are progressing towards reaching a decision soon on this (totally f**ked) investment and we will keep shareholders updated (when its too late)."
I'm not saying the above is true, of course I hope not, I'm just saying treat everything you read with caution..."
hahaha what is this, Rise of the De-rampers!? Neo, Neilin, my brethren, we march!
And folks fired at me for a couple of deramper bullet posts...
Neilin62's post is nuke by comparison. Wow. If I had too much in this, I'd no longer be sleeping at night.
I would imagine they have a few potential suitors, their problem is provoking any of them to make action right here right now and commit.
If you were a suitor you would try to leverage your hand by allowing to run as close as possible to the delist deadline in order to drive the best deal with the cash shell.
I imagine it is not much different to the football transfer market where clubs often leave it to the last day(s) of the transfer window to conclude their business. Because within that small window of time, everyone has to show their hand because everyone knows that if they don't then the window of opportunity will be lost, and all parties lose. Under these circumstances, business is much easier to do, because the buyer can trust the seller and vice versa will agree to a deal that reflects the true equilibrium of demand and supply and thus the most accurate/fair value price for what is being sold/bought.
Until then nobody has any incentive other than to keep their cards close their chest, the only circumstance is if a suitor has a particularly urgent requirement to list, so urgent they cannot wait a few months for the delist date to arrive and would be prepared to risk paying a premium to make it happen to their timescales. Seems bould hasn't found this type of suitor otherwise this would have been done and dusted long ago. This is perhaps why nothing has been happening but doesn't mean to say it won't. Big few weeks coming up.
As it's valentines day, i'll show a little love to the rampers...
*just wanted to add to previous post
He did also say that amongst his own connections there is a big consensus that the reputation of AG is majorly on the line here, and that martin lampshire's career prospects are on the line. Something obviously we figured out ourselves but its nice to hear that elsewhere amongst more (and i mean respectfully) "professional" investor circles in the capital.
One way or the other, the BoD silence is making for a hell of a dramatic finale.
I wouldn't request an update from the BB's very own man behind the curtain lol
So a contact of mine commented today that he cannot understand why zero updates. He studied other cash shells and there were frequent updates provided, even when under NDA. This has sadly put a puncture in the NDA theory for me. But GLA lol
I did indeed PM thank you, no response.
To Subject Sent
M.Aurelius Offer Fri, 24th Jan 2020 10:45
Chest-beaters, nothing more.
I am still awaiting clarification from Mr Aurielius regarding his open offer to purchase shares OTC, and the associated expiry date on such an offer. I'm sure this will be of interest to many a diligent investor on here.
Or was this mere gladiatorial chest thumping for the delight of the BB rampers?
Apple I empathise with your viewpoint, however I do not believe even an announcement of an NDA being signed, would even be permitted under the terms of a solid NDA based on my recollections reading law.
An NDA is definitely a solid rationale for the lack of news and is what is keeping me hopeful of seeing a return.
MA are you placing an expiry date on your offer. Please clarify.
Wideglide, little tired of the obvious statements "nothing you can do", "just wait", "we are suspended", this doesn't mean we should all be muzzled in the meanwhile. Do I have to have a motive other than to unearth what may be going on? It's ironic that by the same logic you claim there is nothing consequential to anyone posting due to suspension, so that I have nothing to get agitated by, yet you yourself are clearly agitated by such posts.
Agitated enough to be the first degrade this down to insults. Nowhere have I attempted to insult or characterise anybody as being a "baby" simply because their statements didn't fit my desired/preferred reality. On the contrary I find it intriguing some on this BB hold such entrenched views, so much so it does make one think perhaps some here are privileged to information I am not.
I am not upset about losing my money if this goes to pot, this isn't a hail mary attempt at reviving a retirement fund, I can afford to lose what I have vested in this. What does annoy me, is mine and others postings (which you probably have not had chance to read), are taken down in spite of the fact they are simply referring to facts out there in the public domain, that throw light on what MAY be going on, (something partially due to a complete lack of update by the board I may add), because it is not fitting certain folk's agenda or prefer to keep heads in sand, there is only one thing I stay true to and that is the facts, no matter how uncomfortable they may be to me or anyone else.
Milli will you still be believing all the way up to the de-list date or will it be mid february / mid march and no update will we see your adams apple begin to gulp as we head in to squeaky bum time
Counting, when you say "you persist with this line of investigation", it very much sounds like you are advising to "look away, there is nothing to see here". Chrisz or anyone else did not create an alternative reality by highlighting facts that are in the public domain. Are you saying we should pretend facts don't exist if they are unpalatable or "negative"? I'm curious to how one could build up a profitable investment portfolio with this approach. It is as dangerous to be overly-positive and to keep betting on black and lose your fortune, especially when there is evidence this will happen, than it is to think overly-negative and never play your hand. With regards the comment "try to link that with Bould"... oh the irony! Was this not the same link that you relied upon to justify your investment in this share? Are you telling me you would have invested to the same extent had AG not been involved? Yet when the link is being shown to possibly work contrary to your interests, it's suddenly not worth consideration. Very interesting. It's as much your imagination they are working hard as it is ours that there is a serious issue. And quit playing the holier-more-positive-than-thou card, it's patronising.
You have to ask yourself, there is loads and loads of speculation on here. Some far more damaging than what we discussed. Why has that specific speculation been suppressed/removed? It wasn't about bould, but rather companies and people, who are supposedly unrelated other than by our speculation. Why are they being protected here? What general duty is owed to them by this board. None. You then have to ask yourself, in what certain situation, might they receive protection? And there's your answer folks.
last post ref HaveNoClue
I've a direct line of communication with AG but would not dare exercise for the reasons you've stated. One needs very good reason to be occupying a billionaire's attention...
Chriszzr, was that a tongue in cheek comment? Genuinely curious, lets say you had AG's details, would you honestly "call him up" demanding an update? Do you think AG would respond to a call akin to a debt collector demanding payment?
Speaking hypothetically but all seriousness, lets say you did have his details, what would you write and how would you write it in a manner that produces the biggest likelihood of response (and useful one at that) without getting blocked?
Asking for a friend.
Spot on apple!
What's ironic is, we've all used AG's association with the Bou stock as a major asset/reason for buying in, when in actual fact he could be the one actively holding up our RTO right now