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AH no longer a director ..... just “President” ..... whatever that’s supposed to mean !
Can we presume from the recent update to the AMC website and to AH’s LinkedIn page that the BOD have received replies back from their legal teams ?
..... as these moves confirm the changes voted for at the AGM.
Are we legally entitled to the voting numbers from the meeting or are we in the grey area between BVI and UK regs ? Would they be any help to us anyway ?Who the heck wants AH’s wings clipped ?... PIs were singing his praises and the board have kept him on so it can’t be them.
All very quiet from RY & Co ..... as usual.
OTL
Hi Berty ..... could you please post a link to the RNS that states a deal has been done ..... thanks in advance ..... or are you party some inside information ?
OTL
TDT .... thanks for clarifying.
OTL
Hi TDT ..... generally agree about lack of updated info coming our way. Just one point .... using cubic metres as a measurement for stripped material ... overburden .... is a common method used in muck shifting. It allows for a better match to machinery capabilities and ultimately payments to contractors.
Don’t think RY is trying to hoodwink us on this point..... not to say he’s not floated around that area in the past.
OTL
News has leaked that as part of his settlement agreement, Paul McKay has told RY where he has hidden the new toner cartridge for the printer ... TEO here we come !
OTL
Wonder if we have received last quarter‘a payment ? .... we had an RNS last time.
Mind you, now Paul McKay has gone, there’s nobody to run along to the Bank and pay the cheque in !
OTL
I have heartfelt sympathy for anybody who has been truly affected by the current pandemic situation but it does seem to have opened up an new avenue of excuses for those who wish to take advantage of it.
OTL
It’s coming up to four weeks since the Board’s announcement that they were seeking legal advice from lawyers in the UK and the British Virgin Islands regarding issues with the vote. Should it really take this long ? Can we expect a bill for 4 weeks of consultations or is RY using one of those “No Win No Fee” firms ?
OTL
I see Paul McKay has wasted no time in updating his LinkedIn page ..... whereas AH is still showing as Director AMC and NRR. He must think he’s staying.
OTL
A bit rainy today here in Bing Bong but it’s all good ‘cos it’s over 26 degrees ...... so our SP is surely to rise ???
OTL
Just over a week’s notice for a CFO departure ??
The RNS mentioned there has been a hand-over period ..... so yet more info the Board have kept to themselves.
OTL
I suppose that since AH is no longer a director he will now be able to sell his “wife’s” shares without notifying the market.
OTL
“Crazy, we love you but we only have 14hours to save the Earth” ......
OTL
Being as we are all listening to speculation and conspiracy theories ..... here’s another ....
Perhaps AH was trying to takeover on the cheap
...... he’s got form ..... a attempt to oust the boss of Angus Energy with the help of Lord Lucan’s son (honest .... you couldn’t make this stuff up) a few years back.
OTL
Happy to be corrected but I thought the directors had the power to choose a “show of hands” at the meeting rather than using those cast by shareholders ...... but still we don’t know who was at the COVID-safe meeting.
OTL
No ..... just wise directors
OTL
Perhaps he’ll do a Trump ..... pretend he’s been re-elected and refuse to go !
OTL
Ohh no it isn’t ...... somebody had to say it
Perhaps the directors realised that AMC was a nickel development company and not some whimsical investment vehicle for a city boy.
OTL