Member Info for mattlilly

So much uninformed comment...

I wonder how many of you have been a Director of a plc.

1 It is good business practice for a CEO and/or GFD to have at least one NED position outside the company. It gives them an insight into the role of NED and is excellent developmentally... He actually only has two MEANINGFUL NED posts...Volex and Insig AI...he owns shares in both having just made his first buy in Volex. So what...?

2 AFC have given them nothing...the first options don't vest for a year and the last in 4 years time. All of them are currently out of the money.

3 It is also perfectly normal practice to incentivise CEO/GFD to grow shareholder value. If the shares double in price, is anyone here going to object

4 It is perfectly normal to have a long notice period when leaving a plc. 6 months is common and I have seen longer. Would you have preferred that we bought him out of his contract like United did with Ashcroft?

5 This guy has an excellent track record of turning round a business and generating meaningful revenue growth

6 There has been a ridiculous assumption that he will take AFC private, just because he did once before. But given the amount of moaning on here would anyone object if he doubled the share price.

7 After all the rubbish of the last few years this guy is a breath of fresh air...and who is going to object if he generates the sales that AFC have failed to deliver so far...?

Https://www.bbc.co.uk/news/articles/c4gpgqqzqymo

Do you hold shares here Daz? If so you seem to be consistently and disappointingly negative about AFC...

Puzzling...

Share options are awarded by the Board Remuneration Committer.

The CEO cannot award them to himself.

I see these as good news. It's not at all unusual, but it means they both have skin in the game for at least 4 years. You dont exercise share options and then sell them, except for tax purposes, because that would be commercial suicide and would incur the wrath of the institutions.

So I see them as either or both a long term commitment, a belief that the SP will be significantly higher going forward and or the company will be taken over at a premium some time in the future.

So let's see if these guys can finally drive the value out of this company and get material sales...

900,000 at 7.1016...is that a Directors Buy...?

First Rodney thanks for this. I place on record my trust that my details will not go beyond you.

I had a terrifying experience in the past where I quoted facts about a company and S/O didn't like it. He had somehow found out where I lived and threatened to come round and kill me...no exaggeration...the company went bust.

So I am just emailing you my holdings.

Best wishes and you should join our group on X...

I'm fed up with your false accusations Bozi.

I DON'T trade the shares...I average down where I can, hence my average of 8.25 but I just want what everybody wants...

A better reflection of the value in the SP...just to stop the endless depression...

And a takeover bid at a tasty price after all these years.

So please SHUT UP!

And the January Presentation on the website still has no backload...

Total waste of time...I feel sorry for DBW etc who have had a wasted day...a masterclass in how not to communicate...tired, bored, with nothing new to add...

I asked two questions that weren't answered:

"it has been said that there may be more Alpalas in the regional portfolio. Drilling any of these could add spice to the SP. How will you finance regional exploration. Are you prepared to sell the former CGP stake?"

And

"If TAM will impact the SP then surely regional drilling has even more potential to spike the SP"

They've been discussing regional partners for at least 4 years but none has emerged...

Basically a non event except for Scotts slip in not wanting to take it to production.

Insulting our intelligence by reading the shareholdings that we could see anyhow on the slide...yeesh.

My question about regional exploration not answered.

UTTER WASTE OF TIME.

And then the final insult...if you have any questions you can always contact us...!

We need a partner to unlock regional drilling. The 'outside portfolio' is very exciting...

Will consider finance from anyone who is on the list now (presumably the 10 in the dataroom)...did NOT fall into the trap of precluding China...

Freudian slip... "if we HAD TO...if we chose to take it to production..." Then mentioned working with partners to develop Alpala...clearly production is NOT his preferred option...

Confirming that TAM drilling will be financed out of the FNV/Osisko monies

He's already 'stroked' Nick twice...

You have to register through the website.

Revised presentation up

No revised presentation either...

Tick tock...8 to go...

We won't ever again issue equity...it would be suicide and unnecessary while we have the CGP shares and the offtake funding

Where did he say that please...?

And the remaining funds will come from a copper offtake deal...if we get that far...

Https://www.gmb.org.uk/assets/components/pdf/hydrogen-can-save-100000-jobs-gmb-tells-keir-starmer.pdf

And the UK and Saudi Arabia are working together to establish a new Joint International Institute for Clean Hydrogen.

https://www.gov.uk/government/news/thousands-of-british-jobs-to-be-created-through-closer-uk-saudi-cooperation

https://www.processinstrumentsolutions.co.uk/2024/09/10/the-future-of-uk-hydrogen-usage-keir-starmers-vision-for-a-greener-britain/

The Institute will be backed by a consortium of Saudi and British universities, including a leading role for Newcastle University, and develop state of the art expertise and skills in clean energy.