Member Info for Tex2374

Good luck m1n3r. Let’s see how it plays out.

True Gertfrobe, but the vote won’t determine the asset value. Could go up or down.

Personally, I was gutted at 5.5p. I expected almost double and expected several credible bidders. Seems I also over estimated Sxx.

If it’s not high risk now where are the 15p bids for this ‘world class asset with 100 years production’.

The reality is clear now. If there was a real credible bid it would be on the table. Where is the 15p takeover? Where is the government bailout?

This asset is worth the value it is being bought for.

,No Gert I’m saying that you can’t just blindly listen to the CEO of a company who is naturally going to try his best to execute his plan.

I have said this many times. CF had a plan that would make many investors extremely wealthy, the plan was highly risky (hence the potential return), he failed to deliver the plan, where we are now is the result of that failure. There are no conspiracies here.

The risk should have been clear to investors.

Gertfrobe- You invested your money with a complete stranger on the premise that he was only going to tell you the truth.... Gosh.

Longterm.

I am absolutely not trying to defend CF, my point is that this is not unusual and unfortunately the way of the world. Investing in these sort of stocks is hugely risky. My frustration is that people talk about Sxx as though it’s a mature blue chip company.

Once an AIM stock always an AIM stock.

Take a step back and look at what CF dreamed about achieving on his own. Surely you can’t tell me that isn’t a hugely risky investment?

Seriously....... so many people who took what the CEO said as gospel.

What did you think he would say?

I’m not saying he didn’t do a good marketing job but you can’t just believe what the head of the company says!

Longterm. Let’s see. It will be old news and if AAL vote goes through there may be a couple of articles in the paper that’s it. Most have moved on. Just a few die hard left here.

If I am wrong feel free to berate me and I will apologise.

Longterm. Yes, I am one of them.... on the BoD :-) no hang on, I am being paid by the BoD to post here. All part of this grand conspiracy you ended up in ( also know as business ).

BTW why on earth would you invest so much money in a company run by a bouncer?

CF will be fine , or do you think if it goes tits up his next job will be in a call centre????

Wake up and smell the coffee.

Longterm

Do you honestly think there are 85k holders?????

That figure was from before sept 2019.

There could be number left now or probably less.

As for the govt....... hmmmmm yeah they aren’t going to step in. There is no media coverage of this anymore. Why do anything?

It’s old news already. As many have said. The mine will be built and no one will remember Sxx in a couple of years.

Let's see how they like it when they too set to loose all their investment in Sxx.

Well that would be an interesting predicament to put him in! Issue is there is no time.

As for him paying his mortgage he will be fine. He is well networked and will easily find a new lucrative position somewhere.

No way the board will be sacked. The only way they lose is admin and then everyone loses.

IBAB reread what what you wrote.

“ Anyone that thinks a no vote will benefit shareholders is borderline insane”.

Same people who followed the share to where it is now, dismissed all the signs and warning, and same people now promoting the conspiracy theories rather than accepting they were completely out of their depth investing in this share.

They invested in a high risk high reward share, just forgot the high risk part.

Gertfrobe, surely it’s curtains for everyone or the BoD are going to get a handsome payoff whatever the scenario of a rescue package?

I tend to agree. Whatever the backstory as to why Sxx ended up where it is, time is almost up and cash is running out. It’s almost too late for alternative propositions.

I guess AAL could up their offer but I would assume it will be voted down again.

Clearly worried.

The question is why? Because they may need to come up with something better or because CF is about to lose £7m and his employment.

He is a pump and dump merchant.

Uses the same stories in every low cap share he gets into. Large investor buying on DMA. TR1 imminent. Takeover imminent. Copy and paste merchant.

Loves to talk up the fundamentals.

Full of ****. He filtered me on PAL.

£2m market cap. I am sure JP can spin up interest in the share. May be worth a punt.

I was here a few years ago. Took profit on the way up but not fast enough!! Lesson learnt :-)

With AIM it’s all about timing and knowing when to take profit. Things go up quickly but can come down even faster :-)

Let’s hope a no vote leads to options over admin.