focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Going over some old RNS'S
The use of wording makes me wonder if was complete months ago?
Thu, 5th Jul 2018
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=AMC&ArticleCode=6v0pc8vy
"The current Inferred resource is included in the Pre-Feasibility Study and is scheduled for mining during the mid life stage of the planned 15 year operation."
Then the use of wording in a later RNS, alludes to RY talking about his original plan of 'living document' w/ updates.
Thu, 16th Aug 2018
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=AMC&ArticleCode=1pxrp569
"If successfully converted to Indicated this would allow for this block of mineralisation to be included in future updates to the Pre-Feasibility Study ("PFS") where it can be inserted into the earlier years of production by supplanting a portion of the currently defined MOR potentially increasing the estimated Net Present Value ("NPV") and Internal Rate of Return ("IRR")"
cbaron, My answer to your suggestion to Joe was rational and more than sufficient to why many of us here in dont just up and sell. - we cant.
We are all aware the risks in AIM, but we differ in that we try to hold the CEO accountable for his bad behaviour... You guys on the other hand seem to offer support(by way of silence.)
As for my silly reference to ping pong, it was only a direct response to your "Have you tried crochet" comment to Joe... Which I actually read at the time to be Croquet...
Havnt got anymore to say really... Your free to filter me, If the board is boring I might throw a silly reference in somewhere... Its not exactly like RY ever leaves us with food for thought is it?
Man of Silence.
cbaron, Joe, along with many others including myself, are here because we have been misled by RY on soo many occasions we have lost count, and we are aware that spikes occur on the AMC timeline, When the next one does, we will all be jumping ship and passing the burden.
We would also like to see RY kicked off the company, although that may not happen.
Have you trying playing ping pong?
With very best wishes...
RedLee, I understood your post, it did'nt need clarifying, The issue of 'ultra vires' was in no relation or context with regards to what was being debated as 'Robin Young's current behaviour' by the Bulletinboard users. It was a separate question pertaining to law.
If they cannot understand that, dont bother explaining yourself, its clear enough. The only reason it probably came to this was because nolosstillsell was/is upset that another user mentioning AMC in a slightly negative tone.
Anyway, UK_Steve, We all know about in the ground value... We have done for years, We need it demonstrated in official documents or we get nowhere... Thats been the crux here for a very long time. As for the documents being delayed because RY wants the new drilling results put in them, in that case why did he tell us it will be a 'living document'
RY has been hinting at the above with vague statements and question dodging, which in my view serves only the purpose to mislead investors, RY is very concious of how the market will interpret his deposition.
You guys(steve, cowboy, noloss, simmo) all all clutching at straws, trying to defend the undefendable. Very poor attempt tbh.
Interesting posts from the other side... Henners pay attention.
jackbal @ advfn
"This has become an investment for degenerate gamblers like myself. I think most people with common sense would avoid entirely.
...
When you have to take an absolute guess on what’s going on because the company are keeping shareholders in the dark common sense hardly applies does it."
Ciao4niao @ advfn
"One, two or perhaps even three deadlines/milestones can be forgiven but so many over the last three years is totally unforgivable. It makes one wonder what the motive is for him stringing shareholders along for so long. He is treating us with utter contempt and disdain. We pay his salary and in return we deserve more respect and consideration."
madengland @ advfn
"Find that all a bit sycophantic. He's missed more deadlines than I am shake a stick at and he constantly strings people along by dropping hints that don't transpire. My patience is waning with RY, and Schafer is a waste of a good title imho."
fragileearth @ advfn
"Personally, I think Robin needs to give some honest answers PDQ, explaining why he has failed to provide critical info, that he himself promised. This would restore a lot of faith in him. As said in above post, he has divided opinion and drawn a lot of justifiable criticism . One thing that concerns me is this delayed PFS. Many suggested it was to include 2018 drill numbers, but we now know from last RNS, they won't be included, so why the massive delay ?"
Pretty much in alignment with most people here.
Hallowed, Everything is a long way off with AMC, and always has been.
Far East Fund contribution... T/O-J/V... Road financing/Drawings... PFS... Long term Funding...
Schach had a better idea... Robin should have asked us for placings, then us shareholders could have raised the money without all the fees and co-ordinated death spiral dumping...
nolosstillselll, you are in no position to cry about a new user coming here and posting their perspective, we all know you have multiple accounts.
Why did you attribute Rose post to RedLee? I read RedLees response in questioning a compltely different matter, it was Rose who mentioned that Robin could invite legal attention to himself, and most here believe he probably could.
s44dyk, very weak answer.(cant call it a counter as it has no substance)
Nobody here ever asked RY to utilize Proactive news rooms, and actually most would disagree with it as it costs AMC capital to do so, capital which is coming from undesirable Death Spiral Financing deals
RNS would of been fine, no tv channel needed.
Anymore of those terrible replies and you're going on the filter list.
s44dyk.Re "But is it that difficult to grasp somethings can happen without notice or something will not happen as planned."
But is it that difficult to grasp that the CEO could inform shareholders that his original plan has changed?
Instead shareholders get silence, Which is why I disagree with JoeBass post earlier about difficulty will arise in proving RY has/had ill intentions. It wouldnt. RY used Proactive soley to provide info to investors, who will obviously use it as guidance in their investment decisions.
Dont be fooled into thinking that any authority looking at the matter would argue otherwise.
RY could have easily re-updated investors with a follow up video saying the plan has changed, or if he claimed that AMC didnt have the capital to support it, and RNS would have been ok.
What do you have to counter that?
Nothing... as I thought.
Very good drill results and overall positive confirmation of this years drilling could catapult sp to 46p area... And the results are due very soon.
Excellent Drilling from other tenements could be a further bonus...
SP will likely crash to 2.7p on the back of Robin Young failing once again to honour his deadlines.
Anything the guy says is pretty much pointless listening too, Serial goal post mover.
Death Spiral Financer Riverfort back in dumping mode.
JMO, The most likely reason they cant debate immigration is because they are probably immigrants.
They feel a duty to defend it wholeheartedly, even if it has a detrimental outcome for them.
Just like a Caterpillar who eats the plant he resides in, only to eventually find himself out of a home.