Member Info for sn88

we've been saying that for over 6 months, O2.

JA has overseen a spectacular failure here and had the commodity prices not been where they are, where would we be? Q1 results will be good, that's a given but he's failed to deliver anything suggesting mere competency in his role to date.

Will hear out the board this week but as you say it's a big week for the company.

If they wheel out the same presentation as they have for the last 3 then I'll be gone. The opportunities in the market for SENX are too good to fail at the moment yet here we are.

I thought the COO was a myth

tomorrow never comes

a rather tone deaf deal / announcement.

A quite incredible non-performance from this BOD over the past 18 months.

No CFIUS requirement ;)

Yes - re-appointment of Directors is resolutions 2-7 with JA #3.

And it must also be said that through illness (cannot necessarily be factored), didn't attend the Year end results and did not provide so much as a statement or follow up in his absence.

So assuming investors do not hear from JA until the AGM, it'll be a solid 6 months where he's had zero accountability whilst pocketing >£300k

Another question to JA - in light of booming commodity prices in the last 14 or so months, you've overseen a SP decrease of over 50%, whilst not providing any news that will materially increase the SP. At what point does your position become untenable?

4 weeks on from the Results / Company Presentation. Let's see below what SENX have done to provide shareholder value in that period:-

- SP down 5.5%

End.

When the company are RNS'ing the founders intentions to donate half of proceeds to Ukraine relief this morning, then you can only imagine that it's a done deal this time.

you're also just buying against continued declining production. Until there's material uplift in production then why would you? - based on the BoD attitudes to actually getting anything done, I wouldn't hold my breath on that happening

PQE *should* get over the line this time with AB on board (prior - Viston already had over 50%), so only a matter of CFIUS approval.

I wouldn't trust JA to be able to merge onto a motorway

Maybe they've finally started some PR

They were mid-May last year so assume the same for this year

Too right too.

Something that absolutely baffles me is their complete disregard to undertake any kind of PR / marketing. Do they think they work for a globally leading brand, that requires no input from inside the company?

They truly believe that it'll be sufficient to release a quarterly report and expect the SP to improve.. I'm sure it will when the 4 people remaining invested in this come June read it.

the CEO thinks 6p is fair value yet with his 650k PA salary hasn't dipped into his pocket to buy any whilst under his watch the share has hit 1.43p and continues to trade 78% down on his figure.

Maybe he could have turned his zoom on to join in the presentation yesterday and given reasons for this

A very strange presentation of the results and company as it stands today. They reiterated their bemusement at the current share price (which incredibly, is further down from their previous presentation in Dec-21) but the company maintain they have no interest in PR or updating the market outside of quarterly / 6 month presentations / statements.

You can have all the broker ratings you want stating pie in the sky values but when the management continue to have an outwardly laissez faire attitude towards shareholders and company profile then we'll go nowhere.

Disappointing and back in the bottom drawer until they do some work and increase production

With a presentation of results scheduled for Monday and actual results most likely dropping tomorrow, just 1 trade today says all you need to know about the wider attitude to SENX and markets lack of interest.

The results need to be spectacular to get any kind of interest and value back into the SP. Anything else and we could be languishing for some time (IMO)