Member Info for Bebeto

They'll ll be lots of new investors coming on board for a punt. Old ones have been royally shafted.

If it drops to the teens I'll double my punt if not I'm happy to let it roll.

High risk but good fun.

Still might hit the teens before a rebound into results.

How good or bad the management are, is irrelevant now as its all about the drill results. IMO

Sells to Buys ratio 5 to 1 on drilling news and it's only dropped 5.1% so far.

If you're invested good luck

Amazing how quickly people forget the company raised funds in November.

The problem with this company is mainly down to the CEO and the fact Kilimapesa grades are too inconsistent to become viable.

A lot of people didn't like him but Jason Brewer a 'flash Harry' director here, sold out around 1.2p+ area and started MARU.

,

Within the time frame of him starting MARU and now, the SP here has dropped over 80% and his company is around 700% up.

I think that tells its own story but keep on believing...

Targeting two major fault zones and the Karoo Group

More bang for your buck, I fancy they'll have a commercial discovery and they're testing and drilling at the same time, news could come sooner than expected.

Good luck those invested here

Looks to me like overhang shares being worked through, a lot of people were probably looking to sell on Spud news.

I'm here for results as I quite fancy a commercial discovery.

Drilling and testing at the same time, sounds really exciting for quick results.

Let the party begin, looking forward to the results.

It's the same chance at £8m MCAP as it was at £50m MCAP.

Good Luck all invested.

It was an obscene discount and a certain few took advantage to make a killing.

The Company needed money fast and beggars can't be choosers, in this climate it's very hard to raise funds.

Yes 100%+ return I don't want to be accused of ramping :)

I'm in for a punt and looking for 100%+ return.

Why anyone would look for 5% or 10% has to get their trades right 10 to 20 times more than mine.

Good luck with that.

The suspension is nothing more than a frustration, the real concern is why the company had run out of money.

The suspension will be lifted after the financials are published, we know they had run out of money because the auditors only arrived after the company had raised funds.

The CEO has lent the company money, changing his status to creditor, protecting himself if the company does go under.

There's far more to this than meets the eye because expanding into Tanzania when you're cash strapped, prevents organic growth from within by using valuable resources, (money & shares issued) thst are really needed elsewhere.

My concern is if the company can't find extra funding, how long can they limp on for?

There's nothing legally binding signed that's been RNS.

This is turning into an expensive lesson for those getting close to a CEO who hasn't got a proven track record of delivering.

2024, could be very hard going here, so far they've introduced a part of the turning mill, I can't see that increasing production they have claimed.

Kilimapesa could well be moth balled (again) if the funding doesn't arrive.

Joe, yes agree and the company refers to the last results as a positive, so just maybe..

If they do get this drill underway, I quite fancy it to have a successful outcome, mainly based upon information gathered from the last drill.

Only worth a punt though as its high risk holding for results.

I think they'll look to offload the asset if anything commercial is found, possible joint venture.

LW unless there's a dramatic shareprice rise then I'm in for results. I'm using recently generated profits for a punt here and will enjoy the ride.

It is high risk but even on poor results, I feel this would become an AIM cash shell and provide another opportunity to make a decent return.

I know in Kenya it's a Xmas shutdown until next week, wouldn't be surprised if it's the same with its neighbouring Country.

JC is talking utter tripe and losing credibility with every 100% for RM post.

The reason why the audit /suspension is taking so long is because the company did not have the money to pay for it until they raised $1.55m in November.

The audit will be comprehensive but this a small one operation company, due to the last audit it had a decent base to work from.

This is also a financially struggling company and the CEO has positioned themselve as a creditor.

The CEO's modus operandi is to delay, delay, delay. I'm expecting the same from him going forward.

LTH have been royally shafted and that's not unusual for small caps, hence never to go in big unless it has managable debt, available funds and generating increasing revenues.

Without the above, you don't need to be a drilling expert or a day trader to know this is only worth a punt.

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