Member Info for Bebeto

Welcome to the jungle, SHG is a decent operation but the jam tomorrow hardly ever materialises for small shareholders.

Always the potential for a bidding war on a decent operation though.

Zzzzzz they probably sell gold 12 or 13 times a year, if that.

Shareholders in currently listed companies can benefit from daily fluctuations in POG.

Here on the other hand....

Early Q2 estimated for a funding solution, uncertainty will remain for a few more months. IMO

I'm still waiting for the funding uncertainty to clear before investing here but they did the right thing getting rid of the Bod and CEO, shame it had to drop 90%+:first.

Blind faith I'd call it, any return from Tanzania is years away and the company has to last that long to get there.

A decent CEO would go a long way to make that happen but this is 77% down from the IPO with nothing to show and still they kept buying the jam tomorrow strategy.

I don't think you're very experienced in the small cap world.

And it really shows.

Shame you haven't filtered me... I have a stake in this company but not expecting the returns you think will happen, they need a decent CEO this one can't get the basics right.

Only one that's not what I said!

Before the latest funding, the company was most likely to be insolvent, any mining in Tanzania is a long way off before it will provide any return for this cash strapped company.

Currently this is suspended for failing basic regularity requirements, I'm not buying into any jam tomorrow efforts until thry get the basics right.

This is turning into a Benny Hill show on how to run a listed company.

And the charades continues...

Releasing preliminary results and providing pre-close statements are not mandatory requirements for UK FTSE-listed companies. However, many companies choose to do so as a part of good corporate governance and to keep shareholders informed about the company's financial performance.

Swampy, perhaps you should be on the pantomime stage too! As a mind reader

I'll recommend the play back to the future for you

"Beebs. On 18 December at 08h37 you called it, "All a charade".

Amazing seeing that it's currently 13th December.

Swampy,

Definition of the word charade : A game in which words or phrases are represented in pantomime.

No mention of it being a scam but thanks for letting your ego waste your own time looking up my history lol

I can't wait to read the financial report from the auditor's especially the part about wrapping up the site visit. Not sure what section that would be under though.

I don't recall ever claiming this was a scam, which is a pretty poor claim from someone who says they are a legal professional, Swampy

Jeez.. They'd get a big congratulations for changing the toilet roll next.

They had the available funds for the audit from 14th November, it was never in doubt.

Looking forward to reading the financial report, should give an idea why the company seems to be cash strapped despite making operating profit.

Gunter, that clown is just toying with you.

Just look at the facts, in a little over 3 weeks we're in Q1 and we're still waiting for Q3 update, amd we're suspended locked in waiting for the financial to be published.

The above is basic listing requirements for every company to stay listed.

Why hasn't the CEO done any of this work? Is he really that inept?

I don't think he is because I think there's something more important and that's keeping the company from going bust.

If you look at his actions, he's tried just about every avenue to raise funds, including loaning the company his own money.

I think the company's future is on a knife edge because it's only going to take one default to sink the ship for all shareholders here.

The best things about being filtered by JC & the sunshine band is that I'm free to air my views on the company with none of their recourse, it's not like they're my target audience.

Best of all though, is what I call the trash taking itself out, by their own actions lol.

No sign of the Company coming back on the market anytime soon, so it'll be more of the jam tomorrow posts from the usuals.

LOL I caught JC saying little white lies on the last suspension as people can't be in two places at once.

It's p/poor management to not follow basic listing compliance and it looks like he's spending the recently raised funds on the operational side instead.