Member Info for Keithb1

Anyone have any comments/observations? I have no idea as to the significance of what's already been done or what they're considering, so any input from those who have some knowledge /experience of AIFM or SFS would be appreciated.

Best not talk about politicians , Fiercey. There's not a single decent one on the planet. Anyway, on a happier note, last time I looked a few minutes back we were beating Stoke. Could this be 3 wins on the bounce for the Baggies. Perhaps I could recoup my MTR losses by re-mortgaging and putting the lot on Albion for promotion.

Don't get sucked in Fiercey, just ignore and he'll go away. I don't think he'll be missed.

Well that explains it then.

Tacotaco, I actually agree with you, I'm surprised he doesn't own more.

Tacotaco, hello. Have you heard of a saying about people in glass houses? MTR's CEO is a chap called Michael McNeilly, and he must must have seen your question cos he bought some more, although I'm a bit confused now as well. On 7th Oct there was an RNS saying he held 950,000 shares and now having bought another 100,000 he owns 1,150,000.

Hello Fiercey-seems like a valid question to me.

Not quite-copper price helps SFR which indirectly will help us eventually.

I doubt they do but it's their own fault. The bigger question is whether we'll ever be any happier.

I'll second all of that Chestec-except the bit about selling off the majority of my holding. The silence from MM and the Board is really annoying me!

What happened to this morning's posts from "Hydroback" or were they just a dream?

I think our magnificent tiger cub was stolen shortly after she was born and replaced with a miserable moggie, who despite being well fed by its owners for years now, just sleeps all day and brings back the occasional dead mouse to show what a good hunter she is.

Some good news now would be useful-I hate to think where the SP will be in Feb2023

The problem is that MTR is aa small company with a small BoD. If there were 20 directors, taking 1 out of the equation wouldn't matter a whole lot but with so few directors MTR can't afford the luxury of 1-and least of all the CE-being unable to vote on a crucial matter.

Cashking is a bit like a broken clock -bound to be right at some time. I say a"bit" cos he's certainly not right twice a day!

On this point I have to agree with Cashking. I don't think MM should should hold any position anywhere which prevents him from taking part in important decisions being made by the MTR Board. If he would have voted against the sale of Cobre shares then MTR and its shareholders have suffered as a result of his being unable to take part in the decision. MTR's CEO's first duty must be to MTR.

Several things about the Cobre sale worry me. First the decision was obviously taken either without MM's participation or without his agreement. Both scenarios are difficult to believe, yet one must be true. Second the decision looks like it was a panic move rather than planned-if the latter why wasn't it taken earlier when there were substantial profits available. Third, Taylot posted that procedures are being put in place to ensure such a situation does not arise again-surely an professional investment company should have procedures already in place to ensure major investment decisions are only taken after consideration by the full board and with the CEO's participation. If MM did participate but was outvoted then that in itself is worrying.

Hello Fiercey. I don't see any reason for anyone to cricise you or anyone else for airing grievances about the way MTR is being managed, which at the moment is just plain ****** amateurish. It's no wonder no-one's investing. The way we're going we'll be ripe for a takeover at a stupid price and all our "patience" will come to nothing. The silence from the Board is deafening!

Hi Taylot. I'm glad someone has been in touch with MM and he's been made aware of shareholders' feelings on this.As I've said earlier-and I've said as much to Charles, who I believe passed on my views to MM-they should be organising some shareholder meetings to explain exactly what's going on.

Going back to June16th when the company announced they were pulling out of KML and selling up to Cobre, MM commented about "being excited about the transition this deal allows for the business and we will update shaeholders at the appropraite time". Then in a proactive interview I think he talked about the appropriate time being 6 months away! Does anyone have any idea what he was talking about and when we might hear? Without some positive news we're just going to drift lower.

I think it's time the Board of MTR faced shareholders to explain what the **** is going on. They watch Cobre shares rocket from a few cents to 70+ and then watch them all the way back down before selling for less than cost. Some investment company this is.

Cobre shareholders didn't think it was great news.

...or perhaps it won't.