Member Info for kevin0541

Itsouthere you make the point well that he had no real track record before joining us, and none as an MD. I said at the time (posting history proves) that GH was ousted, possibly for buying shares at time when he shouldn’t have, to show faith. SD and his overpaid colleagues haven’t bought any, legally or otherwise (bar the tiny placing amount SD was obliged to do). If you listen to Antipa’s presentation of yesterday I seem to recall their board own about 5% of the company. Now that’s what we need from this mob to turn it around.

Grouchfungus he was in charge at 35p!!!

I would add that because of his mindset, I believe he will go for a big consolidation ie 10:1 to imply he has driven the SP up massively despite it being a technical movement. Sadly consolidation doesn’t guarantee the SP stability so there will still be games played after it happens

Agreed Sandgrounded. I feel this is a massive ego trip and he doesn’t care about the SP short to medium term, as his focus is on scale of the company. He doesn’t understand AIM and seems to think he can write poorly worded RNS’ without considering the likely implications when JPM are out to take full advantage. In my corporate career of 45 years I rarely saw a CFO appointed as a CEO/MD and if the few that did, less were successful. Skill sets and mindsets are very different. He boasts about how HE oversaw the growth of Northern Star as if there were not a CEO present and he did the donkey work - highly unlikely. Like many I think he has done a poor job since appointment because the track record of shareholder value is all that we can judge him on. Those that think we will quickly go back to the 30’s are IMO, deluding themselves.

Said the same last week Toffers and was slammed by most of the sycophantic SD lovers on here. He has a lot to answer for with poor comms, no focus on SP and no personal ownership. No wonder he is delaying his visit. Has said it will be timed with next RNS so god help us for that visit

Thanks Tav. I don’t need an author, as I write from the heart and experience. I used experience to cash in a very big chunk at 35p and sadly used my heart to buy a much smaller amount back in again between 15 and 20p. Those on here that blindly believe that this will be a multi-bagger again, despite the constant price destruction are only deluding themselves. Institutions don’t need to multi-bag and a 100% profit would be seen as a great win should an offer present itself. Personally I doubt we will have HAV or maybe even exist in 12 months and my personal belief is that 25p is a more realistic price expectation for us all I do hope it’s more, but AIM is the mother of all markets to predict. I don’t have an issue with debt being raised but I do have an issue with equity. When we consolidate to get into ASX and then need to put up more equity to raise debt, we will be diluted even further as we will not be cash generative at that point. MF11 seemingly doesn’t understand main listed companies are debt focused as they have a duty to meet shareholder expectations. AIM is the Wild West!

you are a rude **** mf11 who can’t accept that others have an opinion. highly successful listed company actually

PMDR of $8bn company actually so I think I am more qualified than You and have every right to be unhappy. Fundraising time after time with poorly written RNS is disgraceful and unforgivable. He could have clarified with another RNS when he saw the impact, but he didn’t. Why not, because he went to bed and therein lies the problem of a U.K. listing and the board on another time zone

That’s crap MFU. 50-100m won’t buy Hav!!!! It’s a placing to allow Ozzies on board but he could have done it via a compliance listing with no new shares

Is that fully funded to production until he was caught out yesterday and confirmed he wants more money???

The tot board excluding exec directors is costing us over £1m a year

Sorry £500k in the main section and then goes to &600 in the notes

SureSblazes I will repeat again, SD earned £600k last year which is a large salary for a company with no revenue and having its SP. trashed. There is also a bonus accrual of £194k awaiting approval at the time of the annual report. What the F has he done to earn that??!

Panama SD’s remuneration last year was £500k and Chairman Alex got £107k. That pretty handsome when you think it excludes options

Many companies get rumours but make no formal comment. Moreover even if you feel he was obliged to issue something he could have said that ‘ we confirm, as per prior RNS that ASX listing is on target. As a matter of course GGP will not comment on unsubstantiated rumour’. People are too forgiving o here. This board is paid handsomely and they need to take control of the narrative as has been said by another poster. Also Wyloo could force a short squeeze if they wanted to and the board members could buy shares. Please don’t give that crap that they are permanently in a closed period!

Redirons I write to him a few weeks ago specifically about the SP not getting enough attention. No reply!

If there is no focus on the SP then you run the risk of what is happening now. Managed and proactive RNS’s are essential on AIM - as GH did. Stay ahead of the rumour and don’t dismiss the existence of shorts (as he has repeatedly done) as they have a position for a reason. If you look at our fundamentals and our exploration results you would absolutely question why they keep increasing their position. As CEO he should be investigating and countering it with positive news flow, but instead he repeatedly plays straight into their hands!!! All fact and not libellous or defamatory at all. Today he could have said ‘we are, as previously announced, on track for an ASX listing. Beyond that we do not comment on unsubstantiated rumour’.

Don’t be an idiot TT, you are better than that. Fred and others including myself, have every right to rant and blame SD as he is the MD and takes full responsibility for the actions of today

TT he is in bed sleeping soundly as he has lost absolutely bugger all money in this self induced rout as he owns virtually no shares

I should add that he will have certainly peed off (to say the least) the U.K. I so investors he so badly wanted - just think how Jupiter must be feeling having just raised their stake to 75m buying around 9p

Well I hope you mad optimists remain happy that we are now at this level and still heading lower??!! Let’s all congratulate SD on his great work today and every previous raise notification