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Indeed, it is obvious that the company have been sitting on this price sensitive information for a long time, IMO.
Following the resignation of Clemmey, it was clear to see that all Flourspar projects are dead in the water. The RNS mentions nothing about application for the grade of mineral they have processed, perhaps because they really needed the acid grade spar.
Clemmey oversaw millions and millions of spending on proving up Nevada, many equity raises between 2012 and 2014 were spend. Dr Richard Sillitoe was employed to decipher the Nevada puzzle and has been employed for a very long time by TYM, at great expense. We were told that this man wrote the book on mineral extraction and that he is the leader in the field, we could not have appointed an expert with better reputation. He has failed to solve the puzzle over a lengthy assesment.
Richard clemmey was only left with Nevada to hang his hat on, since the sweeds have stopped all progress in Storumen asset and he had run out of roads to take. Now we see why he resigned a few months ago. Nothing to mine and a massive bill (in the millions) to prove up those worthless assets.
Shocking delay by PC in releasing this information to the sharehoders of TYM, how can he be trusted now ?
To be fair this is probably good news for the company.
Clemmey has achieved precisely zero in his time as MD.
Sighted Stourman as the reason for departure but they have spent millions proving up Nevada .... could it be that Nevada is also a dead project. I'd suggest so.
Yes someone has obviously been building a position. It's the directors, they have paid themselves very well indeed and they all now have a large cash position. No one used their money to support the stock they have just drained it. 9m in a placing and now a 5m m/c.
12k income Vs 900k admin expenses. If you buy these tou need checking
Yes with all of these massive firms in collaboration with AGM (lol) it must be a buy.
These guys have made themselves rich from shareholders..... you have been warned !
You are a fool, you have posted a load of garbage.
I actually looked into the link you posted and you are misleading people. AGM are not working with any of the companies that you sighted as "BIG" LOL
My posting history is not of any consequence to this company, it never will be.
How about eating a little humble pie and admitting that you made a stupid mistake and then tried to make fun of me..... when it was you who was actually misinformed (and a village idiot !)
carry on trying to make up your own news and ill carry on calling your errors out pal. =)
Are a big company.
Guess what...... AGM are not working with them !
WOULD HELP DISCUSSIONS IF YOU READ YOUR OWN LINK PROPERLY LOL !!!!!
you seem to have missed the fact that Rollys royce, CTES and GKN are not working with AGM.
The only companies from the link that you posted, who are in collaboration with AGM on a 150k grant, are SHD composites (Mancchester) and Composites Evolution.
RR, CTES and GKN are mentioned in that link but they are not collaborating with AGM, they are working with OTHER COMPANIES.
I have looked at the link robinhood and i cant see any large collaborators for AGM at all, only two small composites firm in Manchester ..........what are you looking at ?
From an IPO price of 420p all the way down to 18p, and you think this is a good buying op? on what basis ?
No revenue ? 4M loss year on year ? The salary paid to the BOD is just disgusting.....
even with the limited revenue this lot will generate from their paint, they are a long long way from realising any potential from Graphene and in the meantime they have spent millions and millions on their own pay ! Lovely........
What is wrong ? It has already been written several times on this board.
Others have taken their time to research this company and they know that the company has lied.
The technology of AGM does not scale. They claimed that they were investing in new equipment to achieve increased production, several years ago, yet they still have not updated investors to tell them that the tech doesn't scale.
Instead they have raised 9m from investors and they are paying it all to themselves without generating a penny of income from their product.
In 7 years, the only income this firm has made, has been from Government grants and share placings.
The directors are paid a fortune in cash and shares, yet they achieve nothing at all of note to anyone.
Wake up and smell the coffee.......
Oh god no.... Riddler in here blowing smoke up his own backside again ?
Well done riddler, you bought here at 3,5p !
That must be your only rising buy for the last two or 3 years.
How did it go with AGM, TYM, Metrobank ?
You were boasing about your buys in those stocks last time i saw you on here.
What happened to your 1% position in TYM ?
It is not likely that you will get any transformational news. The update will tell you how much they have spent and possibly a few carrots to keep the simple investor happy.
The only income AGM have ever made is from grants
they have lied the tech doesn't scale. GL
Good afternoon Assetmatch commercial campaingers,
You may have noticed, but the CEO OF 8PG has stolen all of the shareholders funds and used them to lign his own pocket.
He has fled from the reporting requirements of the LSE to come to assetmatch, where he doesnt need to explain his fraudulent actions to the market.
Why on earth would anyone want to buy shares in a company that has run down all of its investors funding and has a CEO who seems to have benefited to the tune of millions of pounds, from this fraudulent action ?
I understand that asset match are desperate to sell shares and claim some commission but do you not understand that what this firm has done to its shareholders? IT HAS STOLEN ALL OF THEIR MONEY. WHY WOULD ANYONE INVEST IN THIS ?
Stop trying to earn even more money from long suffering shareholders of 8PG and get yourselves a concience ! for god sake.
Once realised, Potential is no longer Potential, it is realised.
agm are doing a great job of spending investors money and making no return on it whatsoever.
People seem to be in cloud cookoo land, AGM are doing an awful job !!
Yes they should. What will actually happen is that the CEO will end up with all of the PI cash investments and they will have no voice in his new Ltd company arrangements. The CEO should be prosecuted for deception and fraud
I believe that the company have already rinsed investors in advance on the MB news. Back in 2012 and for a few years afterwards, they gave news on the JORC for Nevada, each time the news was shortly followed by a massive placing. (Relative to the quality of the news). They actually need to get on and progress one of these "projects" because we all know they have spent all of our money and need to go cap in hand to Kremer/ Posselh next, which will have the effect of diluting us all massively (again).
Still here is hoping .......... despite their awful record here, that they can actually do what they are paid to do.