At this point gentlement, hundreds of thousands of dollars have been lost by investors on paper in the AIM project.
Much has been promised and very little substance has been delivered. There have been numerous opportune times in the market cycle for AIM management to have this project well and truly cranked up and far in advance of its current situation.
You currently have in excess of $50 million to fast track the Perkoa mine. Progress is average at best. You have been claiming for for over 12 months that the finance and offtakes are ready to be signed. Still not done, only promises. Mumbwa is continually subject to delays in obtaining results. Why werent arrangements made prior to the drilling commencing as to where the samples could be rapidly tested for results. Slack management. Communication with the market and shareholders is average. There seems to be a complete lack of drive, acccountability and urgency within the organisation.
It has not been difficult to demonstrate progress after the departure of the last MD. At that point the companies progress was disgraceful and deceptive.
It is now time for you both to be accountable, accept the market conditions, push Perkoa to the limit, get some signatures, get resuts from Mumbwa.
AIM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
