Member Info for Pinguser5

Like I've said previously - any fluctuation in the share price will result in traders coming out of the woodwork. Although I welcome some news, I can't help thinking that once again the BOD are just reacting (like the gas price increase) to a development, instead of actively driving forward some positive action. Long term shareholders have only stayed because they were listening to false promises. I would gladly average down but I wouldn't trust this Board at all and feel I would be even further under water!!

Though I respect discussing other shares...the situation at AST Ascent Resources has long term been similar to here. Align Research are heavily invested at AST also & have not intervened at all. So not sure who's motives to question?? Shady AIM all round including those that regulate it!!

Just something else that has occurred to me regarding AST's overpaid & inept BOD. I wonder if the timing of the General Meeting for Monday in the middle of the school holidays is done in the hope that attendance will be minimal with people either being away or just returning to work & being too busy?? I am thinking the same accounts delay has been carried out in another company represented by members of AST'S BOD also?

Me of little faith I hear you say! James Parsons & Andrew Dennan would surely never set out to try & stay under the radar!!

The share price continues to reflect their lack of progress anywhere!!

For anyone who cares to do so...go on YouTube & watch any interview with James Parsons when he was involved at Sound Energy - another project built on hype & shares now worth nothing! Lots of hand.movement & long winded answers full of jargon but without actually saying anything. As others have suggested, the wording of the latest RNS follows the same patter. The BOD merely hoping for something to happen instead of actually driving the business foward. Of course, so.much better if this takes an eternity while being handsomely paid!!

Expect a number of newbies coming out of woodwork posting positive stuff in the hope of driving up share price a few per cent. For long term holders the.price needs to exceed 30p or more just to recoup losses.

I maintain no faith in this BOD & the RNS has been worded just to string things out. The share price remains on the floor which is a direct consequence of their lack of activity!

Steigers,
While not wanting to sound like a wise old uncle....congratulations on your endeavours to secure your future.

I have invested in AIM for about 7 years including Alien. All I would say is be very careful with your decisions. There are many influential posters on these boards & I have read the comments with interest. The share price here is what it is although some were suggesting it would be much higher even more than 12 months ago. I've heard the theory about world metal prices, permits, results, the US election,inflation & the invasion in Ukraine- yet the share price remains low.

I am now very wary indeed of Directors talking a great game & great potential. The vast majority of my AIM investments have performed abysmally & some that were doing well were diluted without warning.

Ask yourself - if the company's Directors are not investing themselves then why should I?? I wish you all the best but need the warning.

All the indications at Ironveld are that Align Research will be successful in ousting 2 long term Directors & taking control themselves. Mainly linked to lack of progress & ripping off shareholders & Align have pulled no punches in publicising this.

I wonder how long it will be before similar happens with Align regarding AST or if not - why??

I am a long term holders here & also at Ascent Resources in which Align Research also have a significant interest. Without making a complete generalisation I feel the vast majority of AIM operates in a similar fashion. AST has a notorious figure James Parsons who.in my opinion has a questionable track record to say the least & the performance of the business has been atrocious.

At Ironveld it seems that also the main form of activity has been PR & spin without progress & while being handsomely rewarded. I welcome Align's stance at putting Ironveld in the spotlight but I am perplexed as to how they get involved with these businesses to begin with??

All I expect to hear from this disgraceful BOD is a possible announcement of some other pipe dream which will never bear any fruit. I'm still perplexed as to what role Malcolm Graham Wood carries out?

The share price is a true reflection of the Board's activity and no tangible, measurable news is ever forthcoming.

I suggest all long term investors contact every financial journal they knowin the UK regarding the activities of James Parsons. He leaves a trail of destruction wherever he goes & is handsomely rewarded for it!!

One common factor among these businesses promising a lot but never actually delivering...James Parsons.

For any doubters look at what he is being paid & what he has personally invested.

Makes perfect sense to keep spinning things out for as long as one can!!

I see Mr Parsons has struck again at Corcel Plc!! Massive placing & cost cutting & the share price has reacted by falling 20%!! Perhaps if these companies got rid of overpaid Accountants they could actually concentrate on running a business!

Still wondering why Align Research are still kicking off over at Ironveld regarding mistrust of Directors but no comment here???

As I've suspected with AIM for a while...you're not " in the know unless you're in the know!! " One day this wI'll end & the FCA will actually do their job! Any doubters?? See what the BOD are being paid & what they've actually achieved!

I would love the opportunity to ask questions at an Investor presentation but there isn't one scheduled???

While I agree with that statement to a certain degree, it is important to consider what Align's motives really are.

They are also involved at Ascent Resources & if anybody thinks the situation at Ironveld is bad then they would be mortified at what the BOD has got away with there & yet they have remained quiet.

Take care as the only people who tend to do well in this market know the regulations inside out & therefore take advantage of it!!!

Probably not much more point stating the obvious on this forum as nothing has changed & the authorities continue to turn a blind eye to the activities of companies like AST.

For years this company has been led by characters who would not be employed in any other sector. One day they will get their comeuppance though. They do not care a shred for the investors they have conned. I would cash in at a substantial loss but I live in hope that one day the company will have the foresight to employ a genuine team with some integrity.has

The company continues to idle along despite the obvious - never again will I be so foolish to invest in AIM as it attracts a certain type of leadership!

The performance of the share price correlates exactly to the activity of the management. No excuses at all. Despite their RNS's the share price performance is nil. Good job they're all so well paid!!

Only in the fantasy world of AIM could a pay structure rewarding no progress exist. No wonder James Parsons or Andrew Dennan have never tried their luck in the real world of business!!!

Once the regulators finally wake up, all of this will cease to exist!

Basically confirms that the BOD have simply been in place since gas prices increased worldwide. Other than that, nothing has changed or will in the future. I'd like to personally thank Malcolm Graham Wood for his input also...Come on Align Research - you need to put the boot in here as well as Ironveld!!!

Although I am very dubious about Align Research's intentions, I commend them for taking this action. There are too many AIM companies making statements & then taking forever to follow them through. Align also have a a stake in Ascent Resources where nothing has progressed under a new Board & I'm hoping similar action will occur there.

Interesting development today regarding Align Research & their stake in Ironveld...they have put forward a documented proposal to have Ironveld's two main Directors de--selected from the Board due to lack of progress regarding funding which was promised prior to Xmas. Their patience has finally run out!

We can only hope that they start to exert similar pressure here!!