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After the AGM we will know what the next move we need to take as shareholders.
I will be seeking legal advise regarding being mislead. I feel like I have been cheated out of my under false pretenses. Clever wording does not cut it
If thats the case then RS needs to say this rather than be silent, do not say no placings only to do a placing. Can you not see where his integrity and honesty can then be questioned. It makes it hard to believe anything he says or even when we get an RNS its going to be taken with a pinch of salt as he has lied so many times, missed targets and mislead.
Your reaction clearly shows you do not care bhwahahahaha
Mccobr Funny how people like you turn up with 4 posts to your name acting like you know it all. Actually those LTH's that bought in here would have bought with coal and uranium prospects. We have also been mislead by RS in RNS's. Thats his fault not ours. You can not put the blame on any ones door except RS and perhaps Sally. People invested their hard earned money with what was being told to us in those RNS only for the BoD to move the goal posts. The linked share was not the actual letter sent to the BoD but was a document where people had access to it to list questions they wanted included inthe letter. Regardless of the opinion you have the actual letter was very well written and has now been sent to the Company wanting answers. Those that have a much lower average are probably those that have been here 5 minutes or painfully averaged down so please do not tell LTH's what you think and keep it to yourself. Thanks
Some on here will see the bright side in the placing. It would have been nice to have seen RS buy a load of those shares himself so we are all in this mess together.
I feel they would of know for some time that they were only producing 'up to 4k tonnes' and did not inform the market straight away. Investors then bought shares based on RS projections and even the up to is still very vague..We do not know what the average is..Have we missed out on contracts because we can not fulfil them based on our production rate? Sounds fishy if you ask me. But what do I know...EDL never tell us anything
Isn't misleading the shareholders illegal? If so then how can we trust anything that even comes out in RNs format? This is RS doing
The facts have changed though haven't they
Good for you. When I bought into here we were also looking at uranium as well as coal. Also my comment was not directed at you. I'm also not trying to have an internet squabble with people that want this company to succeed as I do to. I am not impressed with how the bod have behaved and mislead with false information. Those that are happy to be lead up the garden path then that's cool too. When I read 1 RNs stating no more funding only to raise funds at a huge discount I don't feel like celebrating but instead I am angry about it. GLA
These are questions which were included in the letter..I'm not sure who wrote it but I want an answer that's for sure. Plain to see some are happy to be mugged by the board every year and that's your choice whatever your motive is. Keep happy clapping as Sumba calls it...
https://docs.google.com/document/d/1QjNNui-5vXcAEtWqKFA49wC-1G7s-ESZcsXnzXsRzdA/edit?usp=drivesdk
https://docs.google.com/document/d/1QjNNui-5vXcAEtWqKFA49wC-1G7s-ESZcsXnzXsRzdA/edit
Northland appear to be at risk due to their relationship with Beaufort Securities who have been shut down for fraud. Why have they been appointed as brokers for EDL? https://www.*************.com/views/34713/so-beaufort-is-dead-where-does-this-leave-nomad-northland-as-march-22nd-looms-about-that-320k
This company seems to have totally been neglected by those in charge. Since the suspension lift BoD have provided zero info to shareholders or potential shareholders. Looks as though this company is dead in the water. The lights are already out and we are just the last to be officially told
Larry If I was give the facts and the true facts I would not have bought into this in the first place. Thats my point..I feel mislead....I have been consolidated to 13p a share in this time and no closer to finding any real value in my investment.
People reading this bb and deciding not to invest is actually helpful....This prevents them becoming victims as we have been. If the RNS were factual and not wishy washy people could have made a clear decision on whether they invest or not. The BoD being economical with the truth has lured investors in time and again whilst they take a huge number of our pockets for their salaries which certainly does not seem to have been earned. To say you will not do a placing only to do one at such a discount just scream LIAR and RS credibility and reputation has been shot. The next step is to create a list of all dodgy CEO's from all of these types of business to warn other investors to steer clear if their names are mentioned linked to the companies. How many people will jump to invest in a business which has RS attached in the future?
Are we all expected to sign the letter and email our self or are we supposed to sign the one letter ? Let me know when you are ready to do this either way I can print and scan when at work
J4yo Thats the problem We are not told anything and we are left speculating. Thats not a way to endear yourself to shareholders. Taken us for granted.
I got snowed under mate....Boss had a bereavement and dashed off leaving me with all his work to plough through. Im still sweating now.....Working on this new GDPR that come into play in a week or so