RE: Morning29 Jul 2024 22:29
About 10 years ago I was advised to avoid buy ing shares in Junior Mining Companies. I ignored that advice, and bought shares in Beowulf. I made a big mistake, it was my fault. I thought I knew better. I need a Share Price of £6 to break even,which wont happen. But in those10 years Budge Bowie and the rest of the Diirectors have been receiving their full salaries plus share options . As a Board of Directors they are inept self serving arrogant and treat us shareholders with contempt. We are sometimes given an RNS. usually vague,unless asking for cash via share consolidation. We get more information from Andy. What do the Directors do? Are they full time? do they have other directorships? The forecast, by Pocko, that Beowulf will be run into the ground sold off cheaply and the Directors will say thank you very much and move on. Pocko is normally accurate with his predictions. Perhaps his thoughts rather than forecasts. Like lots of other shareholders have lost a lot of money, but my fault. What have Budge Bowie and their mates lost? and as the next significant date is 2026, another 2 years to wait for possible good news. Meanwhile the Directors hope there will be enough money in the kitty at that time for their salaries. Good luck to all of us and I feel there are not many of us left.