Member Info for Bebeto

Sounds like RM is going to get the assistance he needs and new broom will get us back on track.

Corporate Governance



Due to identified shortcomings, the Board has asked the Chairman Designate to initiate a comprehensive review of its corporate governance, regulatory compliance and communications policies in order to strengthen internal procedures. This is expected to be a wide-ranging review and will include a review of the board structure, including the mix of executives and non-executives, and any requirements for different skill sets to ensure a robust and efficacious board structure. Furthermore, a review of all corporate governance-related matters, practices and policies and a review of all board sub-committees, will be conducted.



The Board has decided that the Company's financial advisor, VSA, as well as an independent firm of solicitors, will be consulted to assist the Chairman Designate in this review and the Board expects all the above to be concluded as soon as practically possible, but in Q1 2023.

£7m MCAP there's nothing priced in for producing any Gold.

Looks like it

Shareholders voted blind to the company status at the AGM.

I don't understand it, he could have just released Q3 at the proper time and said these are poor we'll do better in Q4. It would have been forgotten about by now.

So I'm thinking there's more to it hopefully positive.

Hopefully they can get things back on track now.

Me too I don't think it will be as bad as people think tbh.

Dmors, he's got the figures and now he's finalising the numbers.... LOL

Apro, he's crashing his own share by holding back and not being transparent. Bad news would have been 4.30pm of Friday.

Over 11% down today pre-news , great idea to hold back for AGM?

RM is the ramper in chief and his 2koz per month has never looked so far away as we wait for results.

I think the majority of the sellers have reduced by now.

Let's see what Vim Rutha brings to the party...

Maybe yes, perhaps there's going to be a big reveal.

Where's the RNS? AGM at 10 am and we were told Q3/Q4 results today.

I'm interested to see the current production, I'm sick of hearing about their forecast rate. I like to see some meat on the bones

Legalwolf I think the market has spoken to RN and his antics, I've no doubt the FCA will be asking questions about his behaviour , I'm sure TW has tipped them off.

It's a complete joke and it's no way to run a company!

Nobody knows the production or anything financial for the last 6 months.
Therefore:
Those that did vote on resolutions voted blind to the companies financial & performance situation.

I'll be glad when they give out the results, whatever they are, and end this holding back news charade.

I think theres another element found at Vim Rutha and it's possibly commercial, great news for LTH it's already a massive gold strike compared to Kilimapesa gold mine.

The asset looks strong and remember the rise in GGP was just down to drill results increasing the asset value.

I think the same will happen here.