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The experts were surprised that the draft IEPMP even considered open coal pit mining an option.
The experts where surprised “as in open pit should not even be considered” is how I’m reading it.
I’m not convinced on this article actually being positive for us. I may be wrong hopefully!
Any idea if now delisted from the market, then this chat board will come to an end. Next best place for future info apart from the AAOG website…anybody?
Worth while read... seriously
Independents agreeing phulbari should be open mined. None currently have influence with Hassina or am I wrong. Suppose it’s nice to hear others agree though nothing really
Have I missed something
Engr. Mohammad Hossain
Director General, Power Cell
(None Government)
Prof Dr. Ijaz Hossain
BUET
(None Government)
Engr. Mizanur Rahman
Former member,
Bangladesh Energy Regulatory Commission (BERC)
(None Government)
Khondkar Abdus Saleque Sufi
Consultant Editor, Energy & Power
International Energy Expert
(None Government)
Dr Mushfiqur Rahman
Mining Engineer and Environment Expert
(None Government)
Mollah Amazd Hossain
Editor, Energy & Power
(None Government)
Foolish to assume that the people expressing concerns here simply don’t understand intricacies of the negotiations when you obviously do. I’d guess many on here would have plenty of experience with how business works, including myself.
Only fair that all on this board chat openly without being judged as a doubter!
But Thanks for any insight on how these matters work, appreciated.
Its difficult pressing that sell button when locked in late 30s but yes I agree...Never ever give up, nothing takes the place of perseverance.
Plenty of perseverance here
Yes after all this time one would assume shareholders would have more clarity about Dyani other than a name of a company based in HongKong with apparently no identifiable board. Guess Tang may be more involved with Dyani than we know,
Sadly not only has nothing changed since I first entered this share many years back the sp has continued to drop...even with past positive announcements along the way.
I remain hopeful for one day but really don’t see how this can be close to progressing due usual political obstacles compounded with Covid-19 world situation. Last thing GoB need is mass protesting due to any Phulbari news.
IMHO
Thanks skittish
Tiburn
Like most including yourself I’m heavily invested and awaiting positive RTO news that moves us to some normality.
The recent RF finance does give positives if we try to predict the path ahead for AAOG/ Forum etc though for me, finance raised via new players would have indicated more competent players were now in the mix, this mainly due to RF finance past links to the cowboys.
Progress will be made soon and hopefully more new people around the table including new options including the Finance rather than old alliance’s!
Thanks for your input as always
Good luck
Tiburn
If the likes of PXP energy or another possible backer for Forum was in the background, doesn’t it seem odd that Riverfort finance would be needed.
Appreciate your thoughts.
Agreed, way to long
Concerns emailed to Mr Stuttard and hopefully received along with many more concerned holders
Behave with your dreams, Cattaneo himself would find you laughable with that cr#p, Cattaneo doesn’t sugar coated this deal...but you attempt to.
To the genuine AAOG holder that have not voted against Zen , here’s where this is heading...
Quote
The 20% AAOG retained under the ZEN deal may be a prelude to them taking the lot. To finish the share price off for good, AAOG also is taking a convertible loan from Riverfort, who then will sell it down to nothing.
And to the rest of the self serving Zeniths on this board...shame on you all. Families and children will be effected and should not be seen as collateral damage.
Calmer catchers up with all
Zenith Energy (ZEN) and Anglo African Oil & Gas (AAOG) announced a loan by ZEN to AAOG of £250,000 to keep it afloat. It’s essentially an advance on payments, but secured on the 20% AAOG retains under the ZEN deal, so it may be a prelude to them taking the lot. To finish the share price off for good, AAOG also is taking a convertible loan from Riverfort, who then will sell it down to nothing. The Board are saying that this is the best possible deal for the shareholders, so it’s perhaps no wonder that Brian Moritz is resigning.
Jay_P
What is your position is here as regards to share holdings? AAOG or Zenith
Thanks
Jay_P
What is your position is here as regards to share holdings? AAOG or Zenith
Thanks
Yes thanks Tiburn for your accurate assessment and facts provided
Thanks to Kk also for posting info that I believe to be very true and hopefully helps to convince some of the doubters there votes are needed to stop this scandal.
The current AAOG and Zen BoD along with others whom choose to hide in the shadows fully understand the huge consequences to many shareholders ‘post Zen deal’ hence the total lack of engagement with Align, other parties and shareholders fighting to keep hold of our high value asset.
The people dragging us over the line have no sense of responsibility what so ever to shareholder, content on pushing through on a death deal so as to further enhance their own financial future and the future of their families, completely at the expense of shareholder losing fortunes.
Official/ Non-Official BoD have deliberately created a smoke and mirrors situation for the purpose of leaving shareholder with no other option than to except this death deal, sitting happy with the knowledge that there vote count walks them nicely towards 13th Jan, when Zen death deal becomes a formality…job well done! Zen deal is the start of the end for many genuine AAOG shareholder.
The deliberate curve ball thrown at shareholders by our very own BoD snakes at what most feel was calculated by Sarah and others to hit over the Christmas period, giving all concerned parties little time to react…though alongside with Align, react many did. The curve ball was caught, and some given hope of fighting chance to salvage what remains of our company its asset and the sp value.
Great progress has been made by Align and others within an extremely little time frame and yes, this new team needs cementing with more questions needing answering but should for the sake of shareholders they be provided with at least the same timescale gifted to Zen when putting together their own death deal that most certainly spells the end for shareholders.
Neither AAOG nor Zen BoD have made attempts in trying sugar coat this deal as they fully understand shareholder are being pushed of the cliff edge and for what it’s worth, we all need to vote against this Death deal even if we feel this will all be in vein…votes are needed