I sold a lot of this down some months ago and the rest are just sitting in a sin-bin in case of the unlikely spike back to 10p which was once the median for this share. Oil prices fairly healthy but this company is run by incompetent gangsters.
Is it just me or is anyone else having real difficulty in getting the access details to the AGM ? My broker says they cant get it and KDNC say they need a statement from my broker ??
HNY all... On one hand it is maybe a good thing that DL is pumping a share cus he is good at this, on the other hand he is toxic when connected to anything now !
HNY all. Fall Guy was probably not the best term to describe CC. What I really meant was compliant mouthpiece who unashamedly takes a salary for doing anything he is asked !
Bold move !!!!! £100K in this is a complete shot in the dark and could dissolve. This is a company that we really dont know much about although we think we do. Any RNS's constitute about 10% of what we know is really going on. We vent about CC but he is just a puppet and fall guy. Any big stakes in this are a pure gamble, unless you are drinking in the right gangster bars in Kaz !
Well MAFL is not going to be a key part of my AIM portfolio as whilst at best it will only perhaps be a steady investment, while I have been waiting for thi9s to get noticed I have made a ton of cash in DEV, EMH and BCN...
Thats the hallmark of these guys, own large percentages of stuff that may be valuable many years down the line. As I understand it BCN will probably look at the 30% JV last of all unless the demand for Li is understated 2:1.
@Legalease -- I get your point entirely, this point being treat these types of shares as a trade and not as an investment. I have made tons of cash on EMH and now on BCN, its just that I am feeling this is becoming very high risk now due to the time elapsed on Amapa.. I was a Sales Director and Businessman and I always abide by the old saying "time kills deals". I wish you good luck and a happy new year...
@Legalease - You may have bounced in here with a decent entry point, but making a statement like this is clear evidence that you know nothing about this share and what other LTH's have put up with from this BOD. Only in the last couple of days they have been caught frittering away more of a high value resource. Everything in the Garden of Eden is Rosy if you have just dipped in a few months ago !
@legalease - How long have you been in this share ? How long have you been looking at the gross lack of shareholder value following countless placings/fund raises ? How long have you been watching assets frittered away by stealth ? How long have you been reading the "I'm pleased to announce" RNS's ? You may have bounced in with a reasonable entry point, indeed I have quite a block of shares that are in profit, but the Amapa carrot at the end of the stick just doesnt look like its happening and many here have watched 6+ years of this, so forgive me if I find your post is slightly irritating !