Member Info for Piltick

Why on earth are the Fund Managers not doing something? Are they able to claim their losses off insurance?

Probably on their very own Pacific island!

With his track record, I just don't understand how FT was allowed to become a director again. Did someone in authority slip up?

Perhaps because they are not convinced that SISG have the right to take 100% of the assets to cover a debt of £167M?

Yes Manu, I thought it strange that I couldn't find anything anywhere. I would have thought that it would be big news in SL.

Someone asked on here recently if Marampa was still working. Well, I see that the Gypsum Integrity is moored at one of the loading arms at Pepel. I presume that it's loading IO, as that's the only reason I can imagine it would be there. And surely it can only be loading IO from Marampa as Tonk hasn't worked for ages. The Gypsum Integrity is used for transhipping on to larger bulk carriers anchored in deeper water off Freetown. At the moment I don't see any large bulk carriers, but one may be on the way. I'll keep watching. Anyway, if I'm right, then it would appear that FT is still working the Marampa mine and shipping out through Pepel. It would be great if someone on the ground could confirm, or otherwise. Why am I interested? Because I'd like to know if FT is still able to use the rail system and port to ship his stuff out.

The lack of information here is really diabolical. Still, it may help us to make our case in the long run. When our shares are at the point of having zero value, surely our chairman and bod have some obligation to tell us something, apart from the useless RNS that they put out today.

Apart from the RNS, has anyone heard if SISG's action was approved by the SL Court yesterday? Or indeed, what exactly did happen in the court hearing? Strangely enough, I haven't seen anything in the media about it.

Manu: Glad to see that response from your MP. I haven't had anything back from LSE yet, but I live in hope!

This whole thing has been extremely well manipulated by the Chinese - very smart indeed. Problem was, FT and the board thought they could outsmart the Chinese. That's a fatal mistake.

Yes Amoeba, I think they were just waiting for the default to happen. In fact, they were ensuring that the default would happen by not releasing the funds that AML might have used to pay the debt on time.

Yes, and talking of LSE - anyone had any response from them? I haven't.

around the end of March.

Doesn't seem to have had much positive impact on the SP though.