Member Info for LordSnooty

See Snott's post of 17:43 yesterday for procedure.

As far as we know, there is no incentive for SISG to offer shareholders any settlement. It appears they have acted above board and within their rights, though it still seems unclear exactly who owns and has the rights to what, and who owes what debt to whom, given the structure of AML and the project companies. Until that is resolved legally, it's impossible to say with certainty that SISG has no reason to settle, but in my opinion, if they have the right to restart Tonkolili as reported, as and when they want, then why would they need to mollify shareholders? They seem already to be seen as the saviours of SL's mining industry, if we are to believe the local media.

testing, testing...1...2...3

Don't say that, you'll set the Singapore Swindler off again.

I do hope that the word from the legal people will be a resounding 'yes, you have a case', because if there is one thing we are lacking as a body of shareholders (and interested parties), it is solid facts about what has happened. It appears that a trickle of information is starting to come now from people in a position to know this. The hope is that it will encourage others to come forward, and perhaps some of the IIs to take a more proactive stance. And once the legal people are on the case they will be able to ask the court to subpoena for relevant information to support our case (assuming it still exists, ha ha).

http://www.mineweb.com/news/iron-and-steel/iron-ore-under-50/

4unme - I tend to agree, but only if Glencore or any other potential suitor saw a compelling case to buy Tonkolili. The question is, would they see it? Were we, along with SISG and everyone else, sold a pup by Timis? For sure, there is the JORC and we can all look up the stats on that. But Timis has form in bigging up his 'discoveries' - look at the history of Regal Petroleum, another of his 'ventures'. And the game has changed, IO sits below $60 with little prospect of much improvement in the next few years. It's a hard one to call, but we've had no intimation of interest from third parties, despite the brave words out of AML these last few months.

Just commented as much on the "This is Money" site.

Actually, the curtain has not yet fallen on the fat lady; that will only happen whet Deloitte confirm that the cupboard is bare after all the mice have eaten, to mix a few metaphors.

I do like an optimist. Only $500m+ in the queue before us.

Still not clear what you're saying....?

Thanks for the link, very interesting reading, including the comments at the bottom.

I see no reason why this thread should disappear until there is resolution to the AML administration. Until that time we remain listed on AIM and should be able to continue using this thread.

Undoubtedly Hird, who used to work for Deloitte, had a hand in their selcetion: http://www.bloomberg.com/research/stocks/people/person.asp?personId=23294821&ticker=KAZ:LN I leave you to draw your own conclusions about that.

It's generated by a bot.

Received and replied. Thanks.

Send an email to <amipic@outlook.com>, enclosing your name, your holding of AMI and total cost of shares currently held (not already bought and sold), and if possible a screenshot of your broker's page showing their name and details as above. You will receive a reply from Grant with details of new BB and how to access.

"...seeking to urgently understand the situation...". Join the club.

http://www.bbc.com/news/world-africa-32103625

Other interesting points that may or may not become clearer in coming weeks are: what happens to Marampa now that SISG and Timis are at loggerheads? What now is Timis' relationship with President Koroma and with Gibril, given their former 'closeness' to the self-styled emperor of West African mining?