Member Info for briarbank

https://static1.squarespace.com/static/5f4faf276217c27eb3470ca9/t/5fc62c70fa04221c71f299d2/1606823039431/Mayflower+Gold+December+2020-compressed.pdf
Books open on fundraising 1 February 2021
Books Close on fundraising 21 February 2021
General meeting to approval Transaction 21 February 2021
Complete acquisition of Kilimapesa Gold 28 February 2021
Admission to Trading 28 February 202

HawaiifiveO YOU POSTED " for the matter concerning the YA 'loan' June is a long way away in AIM terms, the share price could be materially highe"

But what about the $1.5m still owed to Kansai WHICH IS NOW OVERDUE. The deadline being 29 Jan.

Success can buy now. 12000 at 7.298p

But can sell over 100000 on auto. What is going on? Big buy in background?

JUST 15000. Why? Can buy any other stock.

Transaction and RTO Timetable
Initial £500,000 Pre-RTO capitalraising (completed) August 2020 to October 2020
Final £190,000 tranche of Pre-RTO capital raising 30 November 2020
Submission of Draft Prospectus to FCA / Takeover Panel 21 December 2020
Submission documents cleared 31 January 2021
Books open on fundraising 1 February 2021
Books Close on fundraising 21 February 2021
General meeting to approval Transaction 21 February 2020
Complete acquisition of Kilimapesa Gold 28 February 2020
Admission to Trading 28 February 2020

TO RAISE $4m + and [pay GDP ether $1.75m or the equivalent in Mayflower shares/cash. If shares in escrow account for 1months.
https://static1.squarespace.com/static/5f4faf276217c27eb3470ca9/t/5fc62c70fa04221c71f299d2/1606823039431/Mayflower+Gold+December+2020-compressed.pdf

RRR defaulting on $1.5m owed to Kansai. RRR has or has not. BUT THAT SAID, a RNS SHOULD HAVE INFORMED EITHER WAY. I have known many examples RRR deliberately avoiding to issue RNS with bad news.

My guess is they haven't and AB is pumping RRR, to try and get Kansai to buy the share option.

Migori Exploration & licences charges, Already defaulted on paying Kansai $1.5m
DRC exploration & licences charges.
Australia exploration and licences charges.

Where is the £ coming from? Equity , CLN' and interest. (outstanding ones pay 12 and 10% interest) Loans .

You said
" a further $1.5m to be paid in cash or stock at Kansai's discretion, by 29 January 2021."
RRR has now defaulted on their old JV.
my guess is that AB'S Preference is to issue more stock.

Very impressive presentation , in fact it makes you wonder why GDP would want to sell it* I note to that the mine has been on a care and maintenance only. And Mayflower has ben paying its own staff to get the mine ready to process upto 200tpd. Including tailings .
* poor GDP management was one reason given

Tomorrow LSE INVESTOR presentation.........quote
"international gold recovery operations located in South Africa and Ghana "

NOTE No mention of Kili mine sale. Finally sold to Mayflower?
https://us02web.zoom.us/webinar/register/4916055554934/WN_uFoA9_rhTmGqWa2tOlvEiA

Helpful.............. mabye you are correct wrt AB and RRR.............but new PI'S DONT CARE as long as they are in the black wrt SP. But all along he has been factually correct for 10=12 years. It's only recently that AB's luck has changed. But then again all his grand ideas , Migori partner, Queensland gold etc. will come to naught. AB has been devious ..............

AB is unable to sell only a proportion of POW and JMS stock as it is being used as security for loans taken out with Global etc.
\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\ref. Final report.

No shares Hansie True! But he is not daft.

Buying 1m shares of GDP at 3.12p on 3 July. Then sells ALL of them..............at 5.5p 11 days later. on 14July.

This is a good/quality share, with net Annual PROFITS last year upto June 2020 . Many mining shares stock is worth less, but what is lacking, is publicity. Many small miner/explorer AIM Co's have a much higher MC on diddly squat, And use SOCIAL MEDIA eg. Twitter. Forthcoming Investor /Analyst Conf. is a start. Dec 30 @5pm.

https://www.investegate.co.uk/goldplat-plc--gdp-/rns/notice-of-investor-and-analyst-conference-call/202012090700049624H/

With 42.49m more shares from CLN @ 0.6p cashable from this Friday............... almost a certainty that that will be the share price at the end of this week

PhatStyle4321 Another debt free profitable miner to consider is GDP with >£3m cash and announced a share by back. With a MC of £12m A PI has over 20%

Suspicious that there was heavy buying a day before. The only explanation can be inside knowledge was being relayed.

Whereas after the RNS understandable..............that said a lot of money has to be raised by future issue of more equity.
Here we go again.

Compare another AIM gold company of only double MC of RRR. Has just published it's Annual report . Has a gold miner in Kenya that is being sold, never making a profit , but still paying 30% royalty to Gov. But extracts gold from tailings, and reveals £2.5m cash. And made over £4m PROFIT to YE June 2020.
Due for rewrite....................Nearly forgot..................Co. name , Compared to RRR. THERE IS NO COMPARSON.............AND considering DIVI;s, no dodgy CEO.............

GDP Goldplat

DYO

I remember you. And yes I used to see B ell through rose tinted glasses. Careful what I say, but he is very unreliable and does not tell, reveal all his dealings to PI's . The classic is the £1.01m loan to Steelmin, which went into Administration. Even the Aministration was not revealed until buried in annual report.

There is much more.............Am I bitter . YES I trusted him. For years.