African Min. Share Discussion Threads

[earnestwipplethwaiteiii] 03/4/2015 18:32

Son, you need to calm down or see a doctor.

[earnestwipplethwaiteiii] 03/4/2015 14:27

Sorry, but despite the guy being just another BB ar*ehole, I see nothing illegal in his posts.

[afn finest loser] 03/4/2015 13:54

Anyone who has taken advise, time to call the cops, especially SFO.

[afn finest loser] 03/4/2015 13:53

Part 2 ami, till suspension and administration last week


forwood 7 Nov'14 - 02:00 - 2902 of 5287 0 0


Have bought back in here. Today's price action into close suggests to me market makers were working a big sell order which hopefully was completed with the 1m at close.

If Timis has got enough access to cash to buy London Mining, he's probably got enough for AMI as well. I don't buy the 'drive it into admin so Timis can buy it cheap' theory but there's clearly something to be said for a merger of the two operations. Can't see how T can be 'arm's length' when he's the chairman of both so either they merge or he resigns from one.


On many occasions he has people not to sell



forwood
7 Nov'14 - 15:49 - 2987 of 5287 1 1

over 625k buy orders from 10p. No-one should consider selling here




forwood
7 Nov'14 - 09:06 - 2922 of 5287 0 0


woo - am out again! May buy back at 10p!


forwood
7 Nov'14 - 12:50 - 2958 of 5287 0 0


Got back in at 10.75.


The suspension and last week 26 March 2015 administration



forwood
13 Nov'14 - 12:15 - 3456 of 5287 2 0


“

In the last week we've got used to the idea of AMI being priced at 10p a share rather than 16 - 20p+ it's been for the previous month. Why it fell to 10p is a mystery to me, and can only be explained by II selling and shorts riding it down on fears of another Lond. However FT's purchase of Lond should have been the signal that it wasn't ever going to happen. Capital resources don't appear to be a problem for him, so why should they be a problem for AMI?



I think those who paid 16p will see their money back and more before too long.”

[newswseller] 03/4/2015 12:54

Ps expect every key player to be taken on at timis corp since they share the same office

[newswseller] 03/4/2015 12:54

BW they had some idea because SISG board member voted against timis acquiring LONDBarclays also agreed to finance ami in august but Hird turned down deal for whatever reason and then all prospects went South when 50m payment came to light

[kirk 6] 02/4/2015 22:19

You really believe frank Timis holds shares ??? He has either hedged or sold every last share unofficially.

[broncowarrior] 02/4/2015 22:12

True, but did he know at the time he put the money into LOND that AMI was going to go south to that extent?Plus any injection of funds would likely have needed SISG consent.Where he went wrong was putting any money into LOND at all. Also, the 50mm payment to the consultancy company was BS. Should never have happened.Will be extremely difficult to prove negligence to the extent that the board has personal liability.

[newswseller] 02/4/2015 21:37

BW I think the point is Timis acted not in the best interests of the company causing SISG to pull funds, SISG then buy AMI out of admin for nowt. So point is SISG willing to fund but TIMIS/AMI board in their action had screwed investors.Remember timis magically pulled 50m from thin air to buy LOND, while he could have used that money to buy a small slice of AMI n we wouldn't b screwed, why should SISG fund AMI when it's founder wasted his cash on a diff company

[broncowarrior] 02/4/2015 20:58

Timis has lost a few hundred million quid in share value but apparently he did it on purpose.

[seanywauny] 02/4/2015 20:18

Well Clarence, you're not exactly Mr. Current events are you.You'll find out on YouTube soon enough.

[beeks of arabia] 02/4/2015 19:36

It's Clarence actually.

[beeks of arabia] 02/4/2015 17:20

What have they done shaun?