Member Info for Sunlituplands

You make an excellent point, warran****cher. As we approach Mr Lyth's first anniversary as chief executive, the charge sheet against him is long and gloomy. His non- execs inspire no confidence. The market has now seen through the big external investors, Zorbas and Hogan, and the game they're playing. I've tried to attract reputable external investors but they took fright immediately once they looked at the Board's composition and lamentable record of over promising and zilch delivery, witness today's SP.

The City usually takes a dim view. It means the company is going through a bad time. Lyth's performance since he took over as chief executive ( thanks to his puppet masters, Zorbas and Hogan) has resulted in ANR'S SP going down to less than a farthing a share. If he's looking to bring in investment, anyone - institutional or private- will take fright. If they do due diligence on the characters involved, they'd be terrified. Maybe Lyth has a rabbit to pull out of his hat to attract investment at the more emotionally attractive 200p. But he's gone Awol - uncontactable. And there's no news from Australia ( Coal), Spain ( Pyrolysis tech) or the USA( the Board's latest tyre kicking trip).

I wonder if anyone went to this in Manchester and can report back? Typical of Lyth, not known for his steadiness under fire, to hold a crucial meeting away from London. A long away to go just to hear a lot of hot air and yet another stitch up of private investors.

Good to wake up this morning to see a punchy buy of 66 shares at 18p. Must be on the back of the Board's tyre kicking trip to USA. Good for the Board's ego but standby for another MoU with some invisible US company, quickly followed by a Investorworld ( Hogan) ramp about ' exciting and transformational opportunities'. What happened to Australia?

Reggie72, I admire your optimism about the drilling and the coal assets. If you were on the Board and truly believed in the coal resource potential, why would you change ANR'S name to the Sustainable Energy Group?!

7zzzzzzz, I think it relates to someone trading far outside the spread - maybe one of Hogan's heroes?

Always a bad sign when the chief executive just disappears : he isn't returning anyone's emails or telephone calls; whereabouts unknown. His excellent PR guy left months back who always gave you the time of day. He knows he's made a huge strategic and reputational error by aligning himself with Hogan and Zorbas.

Anybody with a spare sword for Lyth to fall on?

Which is Aussie slang for this Board is completely out of its depth. Shares now at a farthing.

An unnamed AIM company has been fined 50k for breaching rules 10 and 31. This was because business progress was consistently being released through social media, eg Twitter, before important information was being released through the correct regulatory channels. I wonder if it was Altona - the Spanish press article?

A welcome period of silence Miller1972 in my view. There's been too much noise recently verging on market abuse: ramping, pump and dump - whatever you want to call it through Tweets and other social media. The Stock Exchange must have been alerted. Rightly so. The usual heads above the parapet are now well below it.

Miller1972, I'm not sure where you got that piece of information from. It sounds like a convenient excuse from a Board who took its eye off the ball pursuing this Pyrolysis JV with the Spanish. Maybe the Chinese are interested but their record with Altona speaks for itself. Not promising. Philip Sutherland is our non -exec in South Australia - as much use as a trap-door in a canoe. Analyse the RNSs since Lyth took over: inconsistency, very short on evidence, bags of hot air. The current SP speaks for itself.

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In essence, Australia's new energy minister, Angus Taylor, says ' there's something terribly wrong with our energy policy...we need to use our vast coal resources to ensure we draw our electricity from the cheapest most reliable source...big opportunities abroad in China and India... No more subsidies to renewables and other idealogical cul de sacs'. Strategy is about focus. Get a grip, Mr Lyth.

You're right, Reggie72. They're building a coal fired power station every day in India and China, coal price is high and set firm as the cost of so called ' renewables' remains prohibitive. South Australia has an energy shortage and the SP under Nick Lyth has dropped 60% in less than a year. No one knows a thing about GCAT ( try googling the name) - some dodgy Cyprus set up. And believe me, Cyprus is dodgy. Pro Putin of course. No mention in last RNS of ' waste recycling project in Spain' which was the big deal in the RNS of June 5th. Await news of share placing at an absurd level and Hogan's Heroes begin the pump and dump merry-go-round again. You couldn't write this script for ' Only Fools and Horses'.

My nerves can't take anymore of these so called positive updates where, at close of play, sellers outnumber buyers by 5:1. No financial projections for Pyrolysis, no disclosure of the cost of the licensing agreement, no permit approvals for coal extraction, and what happened to the MoU with the Spanish? Nick Lyth reminds me of Sid James playing Sir Sidney Ruff-Diamond in ' Carry on up the Khyber', ' Carry on up the Arkaringa', more like.

But does ANR? Seemingly not. The Board has taken its eye of the ball in the Arkaringa basin with a MOU with an unknown Spanish consortium on a wild goose chase with Pyrolysis technology. No announcements on permits. You won't hear anything until September because Spain, like the whole of southern Europe, takes August off. So Reggie 72 is right : everyone's on the beach or at least swimming in the shallow end where Lyth and co are out of their depth.

Spot on. What you say is the truth of the matter. The chief executive and Board's reputation is shot to pieces.

Reggie, you know who's ramping : ' Hogan's Heroes'.

A pointless and meaningless RNS. Every RNS that Nick Lyth issues results in a marked drop in the SP. Everyone is confused as to what business we're now in. China and India may each build one coal fired power station and the coal price may be at all time high, but we seemingly have switched into pyrolysis technology with no JV signed. Nothing agreed in the Arkaringa basin. No permits. Lyth has been well and truly humbugged by Hogan's Heroes.

Over a month has now passed since the RNS and the MoU on Pyrolysis technology : ' negotiate terms.. update the market with a positive update soon'. We're also meant to be drilling in Arkaringa in August, but still no drilling permits.
No wonder the SP remains depressing. This is a company with a Board where investor trust remains wafer thin. Newsflow please.