RE: RESIGN27 Nov 2024 10:55
Folks, perhaps the lesson is to listen to someone telling you the things you don't want too hear and not the person telling you what you want too hear? Always DYOR and don't be blinkered and follow the crowd. Ask yourself all the posters you cheered and put likes to, where are they now? Eh gormless Norm who I called out ages ago. The Barnsley Pillow biter etc etc even Bent1? At least likes of PompeyM has the guts and graciousness to come back, admit wrong, and get on with it.
More drills fail to be commercial than the other way. That is a simple Fact!
The massive clues to it going wrong, besides social media clowning, was in the RNS and the long delays on testing. They said they would report first initial Gas to surface if positive. They reported NOTHING! Then they said they were doing "additional" tests. In other words the first tests were no good so dragged it out for Lab to confirm. I am convinced they would have dragged it out longer if they could have got away with it.
They obviously already knew the initial results when ramping it up on Social Media. Freakin hell!!
AIM has always been like this, in fact has been worst! RNS are cleverly written, often ambiguous. Always a get out clause for the company. One of the main problems with AIM is the fact NOMADs are to all intent and purposes a waste of space! Don't do their jobs simple collect the money. Look at some of them, see how many companies they are NOMAD for! it stinks! NOTHING will come of anybody reporting them to NOMAD. If you report to FCA they will take it down and tell you that they never tell you what happens, what? lol! In other words zilch!!! If you don't understand AIM either wizen up or recoup what you can and get out!
The BOD should never been allowed to pull those social media stunts! I said they were misleading. Even that Bo's body language and demeanour was all wrong. Got abuse after abuse for it. The interviewer was a Pup. They don't give a dam, they will have anybody on saying anything. Not their problem. It was a 3 minute put up job. Munchkins was disgraceful, pure and simple. At one time I thought is this guy on something? Now perhaps you understand why he and HE1 parted company?
Personally I wouldn't listen now to the posters trying to make a purse out of a Sow's ears. ulterior motives and all. Sitting on big losses hoping to get a rise so they can bail leaving you with the baby. Not to be trusted!
Personally I wouldn't average down either. The COS on Flathead and especially Charles DO NOT look high. Put it this way if Amsden had have been a success they certainly wouldn't have been going back in this quick. IF at all on Charles. Do you really want to gamble big time again? If so average down but others be selling at same time. The best advice on AIM somebody gave me many years ago is if you get it wrong take your losses, move on, and try to make it back elsewhere. Oh, and learn the lessons as we all have to. Sometimes the hard way