Member Info for mrcautious

Getting rid of a CEO on AIM is extremely difficult as there is no one or two major shareholders to exert extreme pressure. I was in favour of doing this on KDNC but all we could do really was say via a pettition how unhappy we were, and lets face it what AIM CEO gives a toss at what PI's think. So great idea not so easy to execute !

I was about to sell this morning to raise cash for something else but didnt and now this bag of $h*&^$E has dropped further, what have the sycophants got to say about it today - let me guess SS is a visionary, long term project, patience needed, may be bought by a major and all the usual tripe !

Jay - mush as Lenigas leaves a bad taste I dont think he is the issue here. I think they are smart enough not to let him get past the reception area in their office !

Well dougal - having thought I was the negative one, this project is a helluva lot more funded than all of the other dog$1te junior miners on AIM in my opinion - go over and have a look at KOD or remember what happened to BZM which supposedly had the 5th richest Iron Ore deposit.

This supports my theory a little bit - ie they cant possibly be so incompetent to have taken this long to come clean wit the market, so if we are lucky this has all been a suppression strategy.

"You have shown your colours. If a poster does not eulogise this company and its failing board then they are to be attacked. " - Psychology 101 people on this board and on many others that do this as in balls deep and cannot tolerate any negativity cause they have none of the aforementioned anyway. I have a 5 figure sum in this share and still fell the need to vent about how dire it has been.

You see - I'm not the only one in this camp !! I am more optimistic than I was a couple of months ago, but this share has form so I hope yet to be proved wrong.

But why has the share price stayed down if there was such demand for stock ?

Barksy - nice long post, when do we start making some money out of this ?

I have been here a long time but the RNS is only 'reasonable' as far as I can see . It is yet another un-concrete 'we are pleased to announce' RNS and whilst a step in the right direction I will reserve the champagne for 'we have got' or 'we have the licence' RNS as this is the share that cried wolf a bit too often for me.

Absolutely get this all of the time both when we lived in Reading and now at my new place in Devon, even when I told them I had been in telecoms latterly ISP and broadband access infrastructure they still argued with me - ignore the scum is my advice.

Sheees !! Are you actually listening to anything Lenigas says, if you dont realise what a ramper and shyster he is you must be living under a rock !

Blackpool is probably your best bet on this share !

Pranch - polite request - give the drum beating a rest please..

jjj - it seems you have very little to do in life but trawl through 100's of posts for your material no on this board. My god you must be bored !!

JJJ - Oh and I forgot to say that in BZM the context was entirely different.

Before you laugh too much can I draw your attention to the final passage in the link posted earlier :-
---The last word on raw material supply which Volkswagen considers a “key success factor,” naturally but is “confident that it will have sufficient quantities of all the raw materials required to ensure ramp-up of the e-fleet”. The Group mentions the recently signed an MoU with Ganfeng on a 10-year basis---
This is the company that BCN have just done a deal with.

The go on to say -- Ganfeng holds similar contracts with BMW, Tesla and LG Chem. Further negotiations with other providers are ongoing though, says Volkswagen and these will indeed be essential for any battery cell production in Europe going ahead.

I still think we will get an offtake partner but still dont think it will DIRECTLY be with VW.
That said if the share price goes up I dont care who it is !!

My guess is that in the oil business right now this is a slight laughing stock, so I cant see comfortable majors kicking the door down for large money.

I feel the same as this about other AIM shares I was in with super marketing style CEOs like JP and they have all ended badly.

Well I stand corrected then, all I was saying that this is not usual automotive industry practice. I am sure we will be a desirable supplier otherwise why would I have put much of my hard earned in her a couple of years ago.