Member Info for mcfcnige

As Johnny Rotten one said
“ ever get the feeling, you have been cheated “

Interesting post on Twitter from Align, they are not happy.

“As disappointed as the next man. Sadly not played out. Remuneration has been way too high for mgmnt. AGM up on 22 Dec - all shdlrs have an opportunity to vote off Ewen Ainsworth who signed off on the remuneration”

Interesting post Karol, you obviously haven’t done any reading.
The loan will be repaid from the sale or part sale of the Mako gas asset.
Coro’s share is probably worth around a £100 million, so there be a little bit of cash left over :-)

It wouldn’t surprise me if some very good news was on the horizon?
Just trying to put the pieces together.
Align very quiet ( unless they have sold up)
License news due
Off take news due
New shareholders invested at higher prices
Most important, the need to save there own skin and reputation.

Let’s see what happens over the coming weeks.

Thanks SP, you thought he might if explained who he was meeting with and why?
I think these tweets are supposed to get investors excited, so it won’t look good if nothing comes of this?

There are 4 people in the pic, does anybody know who they are?

IF he can pull it off, Scott will deserve a pat on the back

Good postJohn, you are spot on about the costs and wages, they are far too high here.
The company needs fresh blood and they need to be moved to a smaller basic and a bonus based on share price performance
How do we go about changing things, is there anything we can do?

One thing that is bugging me, which I hope someone can explain?
We have 2 Nickel mines, we have a 40% share in one and own fully outright the other.
There are other bits and bobs, such as Dempster and Burwell.
Our market cap is only £1.75mil, if these 2 mines actually exist and have Nickel deposits, why is the market cap so low?
Does the market know something we don’t, or is there some other reason?

I hate to say it but it’s looks like we are all being taken for fools.

Haha, you never know Mike one day?

I was probably a bit harsh earlier.
When Scott does one of his infamous podcasts, he likes to mention “ big cheques”
He well and truly delivered on this , a nice £30000 bonus all to himself.
Excellent work Scottie, throughly undeserved.

Thanks Mike.
Maybe they should change the company name again?
I have a few new name suggestions, let me know what you think.

Weareuseless.com
Howmuchisourbonusthisyear.com
Wewillneverdeliveranything.com

and Scotties fave

Ourassetsareuninvestable.com

They have used that one already when they changed the name to Corcel,surely they are not going to do it again?

For a start would be really embarrassing for the BOD, to decimate the sp from 3p to 0.3p and then start again at 3p?

I am really surprised JP has not had a board reshuffle , as it’s obvious the market is not impressed with the current board performance.

Fair play to you Mike, this might be the bottom.
I think we will know over the coming weeks.

In 2020 when they changed the name, the sp was 3p.
Just shows how this management team have decimated value for shareholder’s.

Really sorry to hear that you have sold RL, you have been a regular poster on here for a long time and been very patient.
The company and its directors doesn’t deserve our support
I wonder what Align think of all this ?

The bigger investors need to ask some serious questions here, the performance and lack of progress has been shocking.

I can tell you what the response will be John.
They will read the post and laugh at the shareholders.
The performance and lack of achievement has been disgraceful and something now needs to be done.

Let’s list the company highlights for 2022

Decimation of the share price .

SK boldly saying that “ this is a chance for shareholders to get in at the bottom “ that was when the sp was at 0.45p

Selling Tring Road at a loss

Failed to secure a deal for Avonmouth and calling it “ uninvestable “

Lack of progress on Burwell and now it maybe up for sale ?

No sign of the mining license from PNG and no one really knows what is going on there?

I am sure there are many more, yet they pay themselves a bonus

The accounts seem to prove that theory