Member Info for bumpingalong

How did the speculators get this so wrong over the last week or so - still think something extremely positive is going to be released shortly and today was about Jennings setting the record straight with openness and honestly.

One thing for sure - this isn’t a leaky board !

Today’s announcement should have been a shock if Dennis hadn’t mislead us all over the past year. Feel sorry for all those who participated in the placing (Including Jennings) who were let to believe we were producing, selling and big things were just around the corner.

Jennings has stated (whether we like it or not) the exact state of play and what he plans to do to turn it around. Let’s give him the 3 to 4 months he has asked for.

Don’t understand all the hype around 2A now when we can’t even get our existing bloc working or making us any money.

To me it seems strange that Jennings released this RNS today when he will be releasing one later in the week when the loans expire. Maybe to pre-warn the market that the loans being rolled over and going to be increased.

Maybe, just maybe, he is further down the line with discussions on a strategic partnership. His reference to a further update in the coming weeks should be seen as a positive

Whilst extremely disappointing this update, at least Jennings has been honest with us and stated the position unlike dennis who lied through his teeth for the past 12 - 18 months

Could be back up at placing price at this rate by the end of the day

With expanding the operation I would expect that an offtake agreement it about to be signed and/or that 2A is about to be granted and/or external investment is about to be RNSd

We used the last one for equipment and move to 1.5 shift pattern. As of yet, we haven’t been told if we are actually selling any HMS and being paid for it. As for the diamond sales, we are still non the wiser.

We have r the loan from our now CEO due to be repaid in 10 days time and we still don’t know what has been agreed with the pre-payment of the off take partner that failed to materialise and was converted into another loan.

Lot of unanswered questions which I am sure our new CEO will clarify in the next 10 days

I want this share to turn the corner as much as everyone else.

I just had a board that are leaky.

Good volume on Friday - 16m shares so will be interesting tomorrow morning and next week.

Hopefully is someone taking a position which drove up the share price Friday

Whatever the speculation it’s going to be Interesting to see the trading pattern tomorrow morning.

I would be disappointed with a positive RNS tomorrow as it shows the new board is no watertight and leaky. Not a good way to start with a new team at the helm.

Pleased to see that we are back over 1p - hopefully we will never go back there

A lot of self obsessed individuals wanting to see the share price higher for personal satisfaction.

The very fact is the company don’t care about the share price today, next week, next month or maybe not even next year. The same applies to someone who has INVESTED in the business - what the paper value of their portfolio is irrelevant.

Traders on the other hand will look at the share price minute by minute, hour by hour, day by day.

Don’t care what the share price is, true value will prevail over time and it is up to the board to deliver on the medium term plan not make some small punter happy that the paper value of their share is up 20% today

FB - If we get the 2A licence granted and at the same time announce a strategic partner / JV / Pre-funded offtake I see your target being hit.

It may be that the partner Jennings has referred to is positioned for this too.

Nice to see a little more interest - let’s see what opps update Jennings provides as I would had for him to sit they and say nothing after Dennis’s disaster

Good weekend to all

Oil plummeting - down 14% at moment

Let’s see how good his coms are

We will get an RNS as the loan by Jennings and Wardie is due up this month - will be interesting to see if they continue to wince the business with stupid arrangement fees and interest.

You been selling some of your share funky? Know you were sitting on well over 10m

To me - this says it all - he has 6 months to achieve it

"My motivation is very simple: the long awaited maximisation of value realisation from our assets in both South Africa and Namibia."

Think a lot of investors would like to see us back at 1p first - Jennings and Wardie will want to see some quick wins and hopefully will learn lessons from Dennis in the art of communication 😂

Nothing but positive news this. wardie and Jennings both participated in placing at 1.5p and have significant investment in min this.

I suspect dennis was given a fixed time frame to turn this around which wasn’t achieved

Could this have been linked to the heavy share price fall last week following interims

Noticed that and a speeding ticket issued - big spike in volume there and at one stage price was up over 60%

Now would that be nice here !

Would be worrying if dennis didn’t put his hand in his pocket to buy some shares. This would show his own confidence in what he is presenting to investors

Wonder if dennis is going to get of the toilet and speak out or will he sit try and continue to take his salary

Come on dennis, tell us, are we going bust ???

Couldn’t agreed more funkybeats

Keeping down so Dennis’s mates get to convert the loan interest into shares cheaply.

Dennis has been very quiet for a long time - maybe embarrassed that he spun the line and got investors to buy into a the placing 100% higher than today’s price

Lack of new buyers but no wonder, lack of news, lack a clear progress and, soon, lack of money