Member Info for ManuelDexterity

A bit less Gin and a bit more tonic perhaps JEZ
MD

Thank s for your thoughts guys.
I sort of wish,I hadn’t mentioned it,but there was a silly level of don’t comment on something you didn’t attend.which annoyed me because none of us know each other’s circumstances.
So have a bit more common sense,thats all
MD

Yes 8adger I did vote and was at one time very supportive of Robin Young and have met him and was very impressed,but I am not any more.Did you go to the general meeting? If you did I am envious,if you didn’t why not.
As you seem to pass judgement very freely I’ll tell you why I couldn’t go.I was a little busy dealing with my sisters funeral and looking after a loved one.
Perhaps you might be able to tell us all how many employees AMC actually have that was my simple question.
As quoted in the video that I was given the link to RY did not say,my point is how much of the cash burn(1.7 mln ) after RY’s salary goes on those full time employees that on the face of it don’t have much to do
MD

Well you certainly proved what you don’t know, digging up a 10 ton sample and drilling a bunch of bore holes Hardley qualifies you as being a miner though it does qualify you as an explorer.
Of course then there is the point that they used to be explorers.When was the last time the actually rolled any of the sanction evading cat’s out of mothball.I don’t think any of those machines have rolled a track or turned a wheel since 2018.The few million quids worth of machines barely have demonstration hours on their clocks
Miners my a#&e.
As you seem to have no idea how many people are on AMC’s payroll and what they do,let’s just do what we’ve done for years,take RY’s word for it.
We know where that ends up.
MD

So what I inquired was what staff does AMC have and what do they do.Does anybody know.
The video you linked said the costs per annum are 2mln Bucks and that the staff are needed to compile the various studies..With the TEO done,What studies.So does any body know how many Amc have and what do they do.It is not an unreasonable question.Let’s face it if Mr Young accounts for,say 300’000 per annum and the many consultants that it took to produce the TEO have completed that work,where is the other 1.7 Mln gonna go this year?
One thing we have all learned over the years is that when RY is vague on some detail it’s never a good sign
MD

What workforce has AMC got and the big question is WHAT do they do?
MD

We’ve been smelling Roses while Mr Young has been smelling California air for 5yrs so do some wakin up yourself
MD

We had to do this and this and this,then that and that and that and then swap departments and then do this and that again and again.WE KNOW WHAT YOU HAVE DONE Mr Young, we were there and there and there year after year after year.We have the TEO Your Job now is to Sell the company.
Shake yourself for goodness sake and Fight, you sound like a beaten old man FIGHT.
In the interview you said “Before the war broke out the ORIGINAL deal was ready to be signed,what you missed out is that the original deal of £100mn is what was acceptable.It is not just the upfront figure.Shareholders want a fair return on over a decade of investment nothing more.A quick discount from 100 million pounds to 105 million dollar did not go unnoticed and was not accepted by the s/h’s.
You’re being very well Paid Mr Young get and do some work for the company,cut the tosh about western companies (especially The Wasted Money to Medea) you knew it was not going to be sold to a Weston company from word one.So don’t make that excuse.
Your early years in Amc were brilliant, now is the time to knock back some Redbull and finish the job
MD

Best wishes on your tour of discovery and nostalgia HFB.
MD

The RF are constantly saying that they are being treated badly by the rest of the world,let’s now see if AMC which has gone through every prossessing the system has put in front of it is treated by the RF.
The mine at KM now has a TEO issued and a set of figures to be able to give a Proper valuation.This is not a valuation that has been cooked up by a mate of Mr Young,these are figures that have been examined by many departments by experienced people.No matter what discussions take place here on the rights and wrongs of castings,these are officially accepted.This is a FIRST for Amc. Now we must wait to see if we get a fair price for the company( or subsidiary) or if we just get screwed.Best of luck everyone
MD

Well,could this be a new beginning for Mr Young and his shareholders.He has done what he said and put out the TEO.Thank you.
Let’s hope they can work on getting this sold for the benefit of shareholders.
MD

Come on Mr Young,isn’t it time you at least showed us the main headlines of this TEO that has taken so so long to produce and finally present.You said it’s been dealt with by the authorities.
Has your distain for shareholders since the Crede vote now turned in to a stupid hatred of them.If you have it at least have the courtesy release the detail to your shareholders.If the figures are bad, so be it,we’ll know why you put together such a bad deal.If they are ok it will give us the knowledge on which to base our voting decisions.
Your communications have been terrible for a very long time,could you not at least make an effort to put that right and at least try to show some regard to us Pi’s
MD

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I get what you are saying TDT and agree at this stage there is no sense in as Sasa put it throwing the baby out with the bath water.One thing is sure if we hadn’t got our votes in we would be stuck with an awful deal and give a good living to the bod who would be very comfortable for a good few years,leaving us in limbo.I sincerely hope Mr Young makes the effort to do better for us
100m pounds down to 100m dollars is a big kicking for us with the flick of a pen,I understand your view,but he must do a better job
MD

Am I mistaken or was the staff figure quoted as being 17.We’ve been told that the work on the endless production of the yet to be seen TEO was done by consultants and contractors.The minesite is closed and winterised.So is that Russian or uk employees.17 staff all working the printers must have been the most they’ve done for a few years:))
MD

My question is:- Why did only 25% of shareholders vote on such an important matter!
MD

Well Lucando you asked and he told you.B@#ger everyone else I’m agreeing with him.Just to hear that sort of sp target gets my vote.Seems like the best candidate as a new board member:)
MD

First I would like to thank cbs and bb2 for their time and effort in their reports and thoughts on this meeting.
Any one attending a presentation by Robin Young is fully aware of his ability to work a room,it would seem as though he has not lost his touch.As we are also aware it is as much what he does not say that is sometimes the most telling.IHope that if we get that far the AGM in December will be a bigger opportunity to question him on poor past performance and very poor communication.
It seems there were some notable absences from the meeting,Where was the chairman and where was Mr Bowen’s who we must assume is an integral part of any negotiations with his time in Russia surely giving him good language skills.
The fact that none of the members on the company panel had any idea what the cash at bank figure was is as surprising as it is unbelievable.I had hoped that the situation of the sale of the wholly owned subsidiary status of the Cyprus company could have been discussed as it is my feeling that funds to buy this company do not have to come out Russia if they are in a Cyprus bank to buy a Cypriot company,but that’s maybe just my take.
No such thing as coincidence eh.now we have a no vote the printer at their offices have at last managed the 2000 pages to be delivered to each Russian department.Praise be to God of you can do it if you can be arsed.
Once again thanks to all the people that could attend it was a great help to those of us who could not
MD

I was only joking,but do you think they have wrecked the place?
MD

They are probably busy wrecking the place at the minute
MD

Thanks for the reply CBS I’m not expecting much,in fact I’ll be surprised if RY is there,but I hope he is.I also hope there is a good turnout of pi’s that will make his appearance as difficult as he deserves.
Please give him plenty of stick before he goes back to California.
MD