would such rumors be true?

  1. 11 Posts.
    Hey fellow A1'ers.

    I'm not one to spread rumors but I heard of some news awhile back that may make sense of the current low pricing of our shares.

    There was talk that for awhile the main directors weren't able to agree on anything as there was a fallout somewhere along the line.

    Due to lack of agreements by the main boys in charge there was decisions that could be seen as rushed or not well planned out. e.g. The mine contracted out its ore mining operations to a contractor that usually mines coal. This meant the guys mining were excavating at great rates but not to the grade levels that should be coming out if the contract was given to someone that is more used to following gold dig plans.

    I'm not sure if what I have heard in passing is true or not. I do not know the directors personally and have only heard of the possible disagreements of the directors in passing of strangers. What sticks out for me is it is a possibility that we may have an unified Board of Directors. How is it that we have a mill, a resource and the all clear to dig it up and still a low sp? Maybe now a director has resigned the directors are more in union? Maybe now we can see our sp go up? Maybe now we can trust our Board again?

    I am a firm believer in this resource but too many times I have seen a great resource fail due to directorship or lack thereof. bravo2 summed it up well in their post titled we expect more. We as shareholders have a stake in this company. We may not have the amount of voting power of that to make the top 10 but many of us have invested a great portion of our life savings into A1. For the directors to not take an interest to what the many people that are paying their wages are saying I find is not cricket.

    I feel I may have to sell out soon and at a great loss. I will try and hang on as much as I can but I shouldn't be investing on feelings. Hopefully the offloading of shares at any cost will stop soon.

    Once again DYOR. I only heard in passing and I can not confirm. I do not know the directors personally. I thought I would share this information to help everyone regain their trust in this Share.
 
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Last
3.9¢
Change
0.001(2.63%)
Mkt cap ! $23.63M
Open High Low Value Volume
3.9¢ 3.9¢ 3.9¢ $780 20K

Buyers (Bids)

No. Vol. Price($)
1 20000 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.9¢ 90939 1
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Last trade - 12.04pm 08/08/2025 (20 minute delay) ?
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