Member Info for booboouberbear

An interesting last few days watching the bathers come out in concert. Appears to be a 0 4p buy in they want.

What's happening with the EGM, Goldbug2 / BT?

Today was 21 days since you said it was logged, so what's happening?

Yes, I'm suggesting GRL are paying for bashers to bash themselves, oh ffs, you're special you.

Paid per post to bash is a living I suppose, but so is Woking the docks for some sailors.

Bashers * we all know they don't wash.

Frequency, always interesting on a micro cap like this.

Bashing without being too obvious needs someone with a higher IQ than ConMan94, or whoever is behind his account.

Doesn't AIMS have a secured loan over that River in Africa? Might not exist in 6 weeks time lol.

In order...

Default on payment; Notice of default; Legal action; Seizure of the asset; Sale of the asset; Repayment of debt; Remaining funds; Right of redemption.

Other major shareholders would challenge every step the whole way through...

1, 2, 5 years in multi-durisdiction courts...no guarantees how it works out if Ghanian Regulatory Bodies play hardball / pull the licence with change of ownership...messy, no business in their right mind does this when you control the BoD and are Major Shareholder.

The fact I'm even responding to this is funny.

Tell me you don't know what a secured loan is, without telling me you don't know what a secured loan is. Laughable crap your posting.

PaulJ,

Whatever your view, both parties have an opertunity to sell themselves prior to the EGM, they still have 14 days to announce it, and then another 28 days to have it. Conceivably you could be looking at just before Christmas, maybe after that if the BoD challenge it legally / try and delay or stiffle it.

Will be interesting none the less however it pans out. Lots of different scenarios how this could pan out.

Mate...who you trying to kid?

You want to wipe out the board but have no succession plan...no one remotely believes that.

I'm genuinely shocked you expect people to be that stupid. That is a rally cry that post to vote for AIMS.

For all there is problems here, debt here, production problems here, the production here is at all time highs here, the cynical amongst us might even think, with the capex spend, production issues at an almost end, and with Gols flying high, you spot an easy kill...

Equally, as per below, it may just be a tactic of getting AIMS to the table to negotiate a buy out.

No one can convince me that AIMS want full operational and commercial control of a gold mine in Ghana. Every opertunity they had at breaching 30% was rejected, they clearly want Ad Hoc control however, and that may mean running it as a 'Zombie' entity bleeding it dry as the major equity and debt holder.

BT is obviously blocking any new equity coming into the company, and is about to show his hand for a defacto takeover by putting a board of Ghanaians on the Board, I'd guess he then turns up again as Executive CEO / Chairman if he gets his way.

It's an interesting machevelian situation we have here.

As perthe poster below, if this ends up in a bloodbath by proxy at an EGM, I expect the SP to be much higher as the fighting spills out to buying.

And being blunt, a higher SP is all I really care about.

For the record, GoldBug2, the original poster of the 'EGM' thread, is Bill Trew. Confirmed in here a few months ago after the AGM bust up.

Aimed at Corrumpo.

Bill Trew was almost certainly behind the 1.4p offer from April, and will be behind this attempted takeover and puttung his own people on the board. How this plays out is anyones guess.

Well under a penny. But if it goes bust tomorrow, then that's what it is. I'm an adult, I take adult decisions, and take adult consequences, I m9ve on to the next investment. I certainly wouldn't be the bitter and twisted type who hangs about a bulletin board blaming s9meone else, that would be just sad.

Have a great night mate.

Just read it, whoever they are knew this on Monday...

No. I only post here.

If its a legitimate request, they have 21 days to respond by giving notice of a General Meeting, then 28 days after that notice to have the meeting.

Will be interesting to see if any buying now goes on prior to it, again, if its a legitimate request.