Member Info for Sunlituplands

Anyone who invests in a company run, directly or indirectly, by these individuals will see their investment reduced to dust. They got involved with Altona energy, devastating the SP. Shareholders took action and we threw them out. Altona energy is now well on the way to recovery. Take action.

At last, a thorough and credible RNS. With other long-term shareholders, I was able to meet Qinfu Zhang and Mr Ma on their recent trip to London. I was impressed by his commitment to ANR, his expertise and experience in the mining profession, and, most importantly, the need for good corporate governance and shareholder communication.
Lyth and his cronies left quite a mess which needs to be cleared up but, once this is done, we can be optimistic about the future and shareholder value. Happy St David's Day and the first day of Spring.

Of course Nightgaunt, I am sure Mr Zhang will be asked about his plans and future strategy. He's certainly committed and knows his stuff. Hopefully, this will become clear in an RNS in the not too distant future. It is my understanding that, even though he was a director, Zhang was often kept out of the loop by Lyth and his cronies. He certainly strongly disagreed with their ludicrous pyrolysis plans which, in hindsight, were just part of an elaborate ' pump and dump' scheme. We've got a long way to go. I bought in at 9p in 2010, seemed a bargain then; that's £90 in today's post consolidation money!

Mr Zhang will be over to London shortly and will be meeting long-term shareholders who attended the meetings/ AGM on January 14th and 25th and supported him and Mr Ma.

The RNS is a good and credible start to what will be a longish road to full recovery. NEX's chief executive is Michael Spencer who started ICAP and is determined to make NEX a great success. The make up of the new Board will be crucial and I welcome Christian Taylor Wilkinson as a NED. He really knows his stuff about how this part of the market operates and has excellent contacts to help us establish a full and credible board of directors. We have been sunk in the past by bad dudes and chancers. This won't happen again.

The games have already been played by Lyth, Zorbas and Hogan and the chancers surrounding them. I imagine we will know by close of play today where we're going as tomorrow is Feb 1. A lot of work has been already been done to get us back on an even keel; but a tremendous amount of damage has been done to ANR's reputation and I have no idea whether the market/ NEX will accept ANR. Fingers crossed.

I doubt it EGTP. He bought a coach load at 50p ( pre SP consolidation 0.05p) ; it went to 740p ( 0.74) and today it's back to 14.5p. He's long gone with the the rest of the chancers under Lyth. Good riddance but an expensive one to long-term shareholders.

You're right Babbler2, some mainstream dont like NEX because they don't earn the fees they churn from AIM.

NEX is good- well organised, well regulated and well run. I'm afraid the SP in the short term will be subject to the usual pumpers and dumpers - day traders scratching around for a living, but once the way ahead is clear, to quote my favourite band, The Killers, ' There's gas in the tank, money in the bank', then things will settle down very nicely.

This is a sound move and gives us a much needed breathing space as the Board sorts out the mess left by Lyth and Co. Given what Lyth had allowed to go on, staying on AIM and finding a nomad before February 1st was never going to happen. We now continue to trade, find a really good UK Ned, start implementing the future strategy which Zhang has already referred to, and look to a dual listing in due course once the market sees we're sorting ourselves out. Patience will be rewarded.

Well done to everyone who put their heads above the parapet, stood firm, took action and finally have got rid of these bunch of chancers. Lyth was incompetent, and never realised until too late that his puppet masters were purely in this for their own personal gain. 740p to 12p ( bid) in 14 months was Lyth's legacy. A few hurdles to cross but we're on our way to the sunlit uplands ; and hopefully with a board comprising people of absolute integrity.

Lyth and his cronies on the Board have destroyed this company and its share price: 740p to 17p in his 14 months as CEO. Vote against the reappointment of Hales and Jones; the former, Hales has already sold his shares. Likewise, Lyth. That tells you all. Vote for the re- election of Mr Zhang and Mr Ma. Lyth failed to remove them in his ill considered GM on Jan 14th. Mr Zhang is our only hope and has a workable plan( see LSE Jan 3 1422hrs)
Vote by close of play today if in your own name, or through a proxy vote from your nominee account holder. Better still, turn up on Friday. You will need a letter/ email of representation from your nominee account holder if you want to vote and speak in person on the day. See you there.

I was reminded today by a fellow shareholder that, under Lyth's mismanagement, the SP has gone from 740 to 17p in 14 months. The disastrous share consolidation brings it home in a stark way. Off with his head.

You're quite right joebop and you have been entirely consistent in your views on Altona and the gangsters running it for their own personal gain. But if we can finally see the back of them, then we're in with a chance. Once again, I refer people to Mr Zhang's statement of intent on Thursday 3rd January (1442pm).

Lyth, Hogan, Hales and Zorbas scrambling for the lifeboats. What lifeboats? Goodbye and good riddance.
We've now got a reasonable chance of getting this company on its feet again. Hard work going on behind the scenes.

The gangsters who got ANR into this mess are all selling. Hold your nerve and you'll be very pleasantly surprised in a year's time.

That sends an unequivocal signal; and not before time. With the notable exception of Mr Zhang and Mr Ma, we shall hopefully soon see the back of this board of incompetents and their unpleasant puppet masters.

Nightgaunt, the licenses for coal in China never materialised - another smoke and exercise by the previous board run by Christopher Lambert. We've all learnt a lot about AIM. It attracts the worst types but also some very good people, witness Fever Tree's SP. We've got a chance now to get things going again; and a good team in the background to scrutinise what's going on. That's why we won today. But remember, the world is run by people who turn up.

Not difficult to see who that was. He was holding his phone in his hand during the entire the meeting and no doubt started selling as soon as he realised he was about to lose!

Lyth and his puppet masters had, and have, no viable plan for Altona except for personal gain. Mr Zhang has a workable strategy and will now be committed to Altona's success and genuine shareholder value. As Reggie 72 said, all genuine shareholders looking for long- term value must now pull together and turn up on Friday 25th at 1130 am to get rid of the people who have collapsed the share price by 95%. If he had the semblance of honour, I expect Lyth to resign. He has failed shareholders at every turn and failed this morning.