Member Info for TrueDat

A vehicle incorporated in Feb'21 with BoD from ADME. What's not to like with AIM companies finding ways to exploit shareholders.

So I see the white elephants that have been used to great aplomb by Mr Roach to siphon cash from investors have still not delivered a return. AIM and their unwavering support to lifestyle vehicles knows no bounds. Only weeks to go before a new year and more of the same from this outfit.

So guess that confirms the pregnancy route to commercialisation is dead and now the new avenue of home DNA testing in unveiled. More dilution with no accretive value. AIM and its syphoning of funds for lifestyle companies.

This is panning out to be another Reynolds slow burn to ruin. Guess the next TW endorsement will further supplement the non return of shareholder value.

Where is marineville to extol the outstanding work that GR continues to bring to shareholders. We need his rose tinted specks to understand how the ongoing tenure of the CEO/CHAIR will become transformative.

Cheers milnrowmug, it was a genuine question. Will keep an eye on lithium development news but seems the Chair & CEO is not a real safe pair of hands. GLA

Genuine question, what exactly makes the assets in PREM great. Surely if verifiably true then the avenues to exploit them and generate cashflow for shareholders would be being exhausted. This does not appear to be the case here and just looks like another lifestyle play. There have been more than one company on AIM claiming to have had great assets only for investors to discover that in the event of a sale what is recoverable bears no resemblance to the company rhetoric.

Indeed Mr Lewis will be ecstatic how his disciples have carried on his mantra with the full blessing of AIM. All that remains is for them to announce the abandonment of the pursuit of graphite for the next en vogue commodity. No doubt there'll be a media spot soon with Vox where Mr Waite will be insisting that this is a great company going places. Go figure!!

Guess safetrader will be loving this latest round of dilution as another opportunity to load up. Can't see how the history of this company can be overlooked.

So GK has moved from front of house to controlling the purse strings. Hard to ascertain if that makes the investment case any better.

On the surface a 31 year mine plan sounds positive. However given how ACP has conducted itself over the years this feels like more years for them to just continue milking private investors on the success platform that is AIM.

I share your sentiments safetrader. All the shenanigans from the about to be gold producer to being a graphite magnate. Just waiting for their begging bowl to appear as you know a placing is around the corner.

Sanderson "risking" GBP100k to make a killing by doing what it does best. See the vote of confidence for what it really means. Mr Whitby has 4bn shares to take the proverbial out of shareholders.

It would be nice to believe that the CE accreditation will be announced in days but given that AR voiced weeks and not months some time ago then I can't say faith remains strong. If there have been issues then it would be far better to be transparent about it but the lack of communication is typical for AIM when things are going awry. It's akin to the shenanigans of AMER where their OBA pipeline was always almost complete until 9 months had lapsed except our CE is supposed to be a "formality".

Exactly. Good news pre-empts the inevitable placing/dilution to follow. What joyous discount rate will the insider mates be offered.

This has definitely gone into reverse gear now.

Didn't Oozi time his previous sale very fortuitously to pocket £24m. Now he can try convince investors with a £900k show of CONfidence.

What coming China news. This is sounding like deja vu during the tenure of Mr Lewis when good news was always just around the corner. In fact we should have been mining and generating cashflow from gold. Oops. Different head honchos but similar message. Jam.

Anyone got any feedback on the backers Oryx apart from its incorporation in 2015. Be nice to know who has the clout to secure $135m.

The spread tells its own story. Who in their right mind would make a purchase to have an instant 40% loss.