RE: Richard Poulden29 Apr 2019 08:58
Running company is not transform it but have operations and create a value by hard work. He has transformed WSBN from mining company to the gold trading company - when you take look into the sp chart then you may find the stock price is in continuous decline since he started to transform company. PCGE same - non stop promises and technical work (loan, issue shares, consolidation, issue shares, replay loan, issue shares... etc). This all took 2 years and we can't see any profit of PCGE this is maybe why shareholders are disappointed.
I think he is good barrister and technical Chairman but I doubt in his business management skills. I am PCGE TR1 holder and spent many months analyse his and company steps and strategy. I read all comments since 18 months, defending him on Twitter for months and get blocked by many users and believe me I lost the patience with him. Why Shock? Completely zero achievements since 2 years. This is the shock. I don't speak up yet because he still have time to deliver the deal but if he fails then your WSBN chairman will be under high pressure. PCGE holders already treat him as scam and getting organised to start action against him.
I personally give him 5 months and then will see what we can do after PCGE de-listed but appears like RP MAY have the problem any time he wish to do the public company presentation or any other public activities. People rank him as most hated chairman on AIM - perhaps not you - you trust him.