Member Info for rogwar

Really? Since he took full control as CEO, there has been one update on diamond sales. The Tantalum offtake and work on upgrading the Tantalite Valley facilities are more than likely continuations of what his predecessor started. He has diluted shareholders and been granted a load of options. The Rare Earths acquisition could well be transformational but is going to take a long time to prove up and how much of that is attributable to him? I have yet to be convinced, but am as hopeful as any other shareholder.

Pointless to you, perhaps, but it is a reflection on the qualities of DE as a leader and doer. He achieved absolutely nothing there, over man years, and yet we are relying on him to bring value to this company. DE is a journeyman and has not demonstrated the qualities that are required to lead this company. My comments and observations are as valid as yours.

Wouldn't bank on it. One only needs to look at what has happened with PFF to see that DE is not going to bring any value to this company. Doubt he is doing anything on the KZG front, which is why no interview.

Read the RNS. It states that MMcN did not sign off.
Mark Potter, Chief Investment Officer of Metal Tiger, commented:
“We are pleased with the progress made by Cobre over the last few weeks and continue to follow their exploration drilling campaign with great interest. Given volatile equity market conditions, the Board of Metal Tiger (excluding Michael McNeilly) decided to partially sell down some of its Cobre shareholding to increase the Company’s cash balances, but we intend to continue to hold a significant shareholding in Cobre to provide Metal Tiger shareholders with continued exposure to any future exploration success.”

Not sure why EdMcD is the only recipient of all the opprobrium. The board appointed him and supported the change in strategy and the obsession with CBD. Their responsibility is to the shareholders and their supposed and much heralded experience in the investment arena is not at all in evidence. Ed is without doubt incompetent, but the board are the most at fault for employing him and Pascual in the first place and buying into their fantasy. Truly hopeless.

I've said it before and I will say it again. DE is not the man to bring true value to this company. He is a journeyman and not and not a true CEO. I doubt he has even been to Tantalite Valley. If Align are frustrated then it is their own fault.

Different County

This is indeed a smart move. I note that on Hotcopper there is speculation that drilling will start in June, within the agreed May / December approved period. Listening to the presentation from Nicole to the San Miguel County Commissioners, however, she clearly said that drilling was expected to take place in August / September for four or five weeks. I still think this is a very compelling asset, but getting approval to mine is going to be a whole different ball game!

Totally agree. They continue to vacillate and obfuscate. On the one hand they are telling us they will be self-financing and don't need the much touted investors, now they are telling us they are still talking to them. They say that because of their water recycling successes and use of bore holes they don't need the Orange River pipeline. Now they say they are still working on it! Huh?

I am a shareholder and have been for a while.

Actually, they have increased the number of shares they hold, through warrant exercises. It is just that the total number of shares in issue has increased with all the warrants being exercised. They held 192,600,000 shares following the sale of assets to KZG and there were 675,427,873 shares in issue. That's 28.5%. They now hold 202,700,000 but the number of shares in issue has increased to 776,035,410, so 26.1%. What is mildly interesting is that initially Mr and Mrs Jennings held 23.2% of the shares and Align only 5.31%. In the latest TR1, Mr and Mrs Jennings hold 0.5% and Align holds 25.58%.

It certainly is disgusting and disgraceful. You would have thought, given the poor performance, that they would forego their bonuses at least!, Snouts in the trough and the expense of investors. It would be interesting to know how much Mr Pascual is being paid for doing nothing.

To be frank, this wholesale shift in strategic focus to CBD has been an unmitigated disaster. As has been noted, the barriers to entry for this industry are low and regulatory uncertainty continues to be a challenge. The appointment of Mr Pascual was supposed to bring greater focus on bringing investment opportunities and supporting existing investee companies. Where is the evidence of this? As far as I can tell, there have only been minor investments in German companies since he joined. All the other investments were done before he arrived. What on earth does he do all day? The board and management of this company are absolutely hopeless.

Whilst I do sympathize with your view, as AIM does seem to attract a rogue's gallery of dreamers, charlatans, shady characters and incompetents, what I do find disturbing is that individuals, who demonstrate no real talent or concern for investors in the companies they manage, seem to turn up on multiple boards. In this case, the association with Align is particularly disturbing, considering the history of transactions between the companies in which they are invested. It does seem that the assets offloaded onto KZG by one of those companies, are not as accretive as was originally trumpeted. To crow about the ZAR 1 million sale of diamonds (that's about GBP50,000) in a quarter is a bit rich when all the other assets are being ignored, and lithium carbonate prices are rocketing. All the promises made in the past have led to nothing. Whilst the board has resisted the temptation to dilute investors to h**l, the pace of development is glacial, to say the least. I have no faith in DE, very little if any in NH but do still credit GC with some nous and integrity. We will have to see what happens, but I am not holding my breath.

Trouble is, DE is on the board of Tectonic and Align is "associated" with all three of the companies with which DE is involved. To me, he is a journeyman and, I do not believe, capable of bringing true value to this company. At least Larry had the industry knowledge. DE doesn't appear to bring anything to the table. The delay in reporting is no longer a joke.

I believe the expression is "All mouth and no trousers". New 52 week low and not that far off the all time low. EMcD and his sidekick are truly hopeless.

Prelea probably sold them to pay his wages

Being realistic, the CEO has proven himself to be totally inept, as has his much heralded sidekick. Predictions of 50 million MC and the like do not help. With TW's mob recommending this share, this is more likely to be its death knell. We stagger from one strategic realignment to the next with the helm being hospital passed to a less credible CEO with each iteration. It would not surprise me if Mcd passes this off to his dog during the next round!

Pilot Mountain has nothing to do with the Uranium assets

There' an additional 3 billion odd shares to add to cover:
COPL Common Shares to Atomic Shareholder(s): $4 million priced at closing.
That takes it to nearly 14 Billion.