My two penneth12 Dec 2019 11:31
Having been invested in AMC since 2014 (does this make me a LTH??) and having read with interest the various views on this board, I feel that now, due to what I see as stagnation of the company, is as good a time as any to post my thinking.
I still feel that due to the size of the resource and the willingness of the local authorities to invest in the region that AMC is a good investment. If there is money to be made it will get mined regardless of the location.
However, the reality is that RY is unaccountable and has been for a number of years and so after poor communication, missed deadlines (that they have set) and the nodding and winking dog routine from him I don’t think that he, or the current board of directors are the people to take this forward and so a change is long overdue.
I know others may disagree with this assessment, as is their right but the stagnation of company development and poor SP cannot continue.