Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Bumble B
Is a sterling poster, maybe a bit too positive for me sometimes, but always well researched. Yes we dont always see eye to eye, but if you knock him it only shows the limited amount of knowledge you have of this share.
He is an asset to this board which cant be said for some of the ****roaches who have crawled out from under the rocks lately.
Looking forward to the notes from holders after the 6th December.
Hi Eddie
I will be spending December in Spain, but keeping an eye on AFC. Matybe even have an opportunity to raise a few glasses, as news flows out.
Look forward to the updates from you guys who get to go.
GLA.
BB
Getting names mixed up is quite usual for me.
Heath I sold out a while back, then bought back in when it was down around 6.5p because I thought it couldnt go any lower. It has been a stressful 10 years for me with AFC, but I'm now feeling a bit more positive for the coming months. Still down on my average, but I had written of my initial investment and made other plans to fund my retirement. Still a few years to go so who knows.
BB
As you known I still read the board here and have missed the input of both Stumbler and Strontium. I know he (Strontium) was well advanced in age and was hoping to reap some rewards from AFC, many years ago.
Hope they are both still with us, and if not are watching the activities from somewhere with no stress or worries..
Good luck to all the 'investors ' new and old..
Just figured it out, AFC stands for Annuity for Fat Cats...
That seems to be the only reason this company exist, to pay salaries to certain members of staff who promise the earth but deliver zero.
If I'm wrong, please show me the numbers... (actual numbers delivered not promised)
I don't actually think that if we all voted to get rid of AB, it would mean that he steps down. At this stage of the game I don't think someone could just take the reigns and steer us out of the mess were now in.
It's more a protest vote, like voting for the green party.
It's a protest that they cannot ignore.
The fact that the share price is so low, has a lot to do with AB not having any credibility in the market, and them boys have long memories.
Be interesting to see how they justify his bonus, before voting starts. I have already voted against his reappointment, because I think he should be made to know how Pi's feel about his smoke and mirrors. The BOD have ignored us for so long and even if we don't have the numbers to vote him off, they will have to register the number of votes against his reappointment.
Have fun tomorrow guys, look forward to reading the notes.
Eddie
I remember someone was after a Jag, and that seemed up your street :)
I have not given my wife the 'dont sell until it gets to £1' speech yet, but hopefully I will live to tell that tale to my grandkids one day. Glad she doesnt read this board.
BB
I remember me and Strontium chatting on here some years ago, because we were both looking to buy a new car, and hoping that gains from AFC would cover the cost. From memory I think it was either him or Eddie (correct me if I'm wrong Eddie), who was looking to order a Jag...
I hope he's ok and eventually gets to see something good come from his investment.
As you know I changed my mind about going to the AGM, but never got the paperwork for my wifes holding from Halifax, I got mine and she queried hers a few times but never received anything?? Anyone else in that boat??
Quote from the accounts in October 2018:
following Board approval, as a result of meeting certain performance conditions, the Company has paid Adam a £100,000 bonus that had been accrued.
Is that an April Fools joke.....
Bumble, you know I respect your views and the information your always provide on AFC. However, as someone who has invested in AFC for over 10 years, I would not call myself impatient. I have just read and re-read the RNS and here are some the standard AB quotes
'Has potential'
'Several commercial enquiries'
'Discussions underway with potential'
'If successful'
'Market potential'
This is more AB spin for saying please keep paying me ridiculous amounts of money, until I am able to generate a commercial system that I can either sell, licence or set up in the back of my Robin Reliant.
Lets be honest the market does not care what the small PI's like us think. We have next to zero impact on the share price. We may put off a few other PI's, but that is not what affects the share price MM and big boys affect the price not us. I for one will be voting against the re-election of Bond. If we all voted the same, he would still be there next year using exactly the same spin he has used ever since day one. The only difference would be that they would have to register the voice of the PI's something they have totally ignored for well over a year ..