Member Info for Camkite

Load of s**t I ever had the displeasure of believing in.. those in charge, Al sisto must be so proud of funding their lives at others expense.

I am however slightly tempted to chomp a few at these levels for another round of complete BS.

Not the end of the world with only 13m shares even given the super discounted price.. What else would one expect from Australian snake oil salesmen ??

Jam - that is the kind of BS I was expecting from Mr Pearce.

You make a valid point, there has been a kickback with African governments taking mines back off western companies of late & yes you probably right. If BRES were in a safer more stable jurisdiction it wouldn’t be sat at £12m Mcap.

“I’m sure this interview will be the defining moment of my career aswel” - pretty sure Zac’s well aware the bloke has been full of s*^t in the past with that comment.

They go way further back than that. All this is from memory but I’m pretty certain they’ve been in bed together for a long long time.

I’m not here to spread unnecessary concern & I take your points on board.

Paul - I get what you are saying.

In my experience, there is 9 out of 10 times a reason to the pricing of any company on the market, when Pi's are shouting "This is cheap" there is most often a reason for it, i guess in this case part of that could be because "some" involved can't be trusted not to stitch others up to fill his own pockets.

A company proving this big a resource, with grant funding from US should be trading FAR higher than this, in comparison with any of its peers... So what is the reason ? Lack of interest ? Seller ? or a proven crooked Chairman ?.. I hazard a guess its the later.

Hopefully he's been to confession in the last few years and admitted his faults.

I will be joining soon enough, perhaps just not quite as big a holding as I would like based on that blokes previous performance and lack of integrity.

I’ve been looking to buy. Still not pulled the trigger. My main concern is Cameron Pearce, if I remember rightly the chap was in bed with David lenigas for far to long, the concession strikes as next level, I’m just not sure I trust that pockets won’t get filled at others expense along the way.

On the sidelines, won’t be forever but wouldn’t mind a less incriminating BOD.

Has to be a placing coming here soon. Unless they can secure other funding….

Slock - crazy to see that they sound confused as to why people don’t want dilution.

“We will work to understand why those who voted voted against the issuance of new shares”

“Because you have done FA of any value with it other than pay your own wages for far to long. Value creation not destruction. Stop paying wages until you prove your ability”

Have another round of applause for Al Sisto for an outstanding 15 years dedication to TERN, at £100,000 a year wage his charitable services to share price destruction and loss of shareholder confidence is worth noting.

Yeah similar to what I was thinking. With newsflow in-between, doesn’t seem much value worthy of waiting. Be joining in soon.

If you please:

When is the DFS expected to be completed?

Indeed. What’s funniest is their comment about anl sistos invaluable input.. are they living on a different planet ??

“Wyld Networks: £3k valuation (31 December 2023: £2.4m): The equity valuation has decreased by £2.4m solely due to the reduction in Wyld Networks' market capitalisation to £2.4m at 31 December 2024 (a reduction in share price of 99% since 31 December 2023). Wyld Networks valuation is determined by reference to the appropriate quoted market price at the reporting date.

Device Authority: £4.3m valuation (31 December 2023: £4.4m): The valuation has decreased due to the sale of £0.2m of assets held in Device Authority during the year combined with a small foreign exchange movement.

Konektio: Nil valuation (31 December 2023: Nil): The equity value of Konektio was written off due to the company entering into administration in March 2024.

FundamentalVR: £3.6m valuation (31 December 2023: £3.6m): The valuation has remained static.

Talking Medicines: £2.1m valuation (31 December 2023: £2.0m): The valuation has increased due to additional funding provided to the company of £0.1m via CLN which was outstanding at the year end.

DiffusionData: £0.02m valuation (31 December 2023: £0.02m): The investment is valued at fair value with the price of the most recent valuation taken into account;

SVV2: £0.7m valuation (31 December 2023: £0.3m): The investment is valued at fair value at the value provided by the SVVUK fund. The fair value increase of £0.4m was made up of £0.5m of additional investment, offset by £0.1m decrease in fair value as provided by the fund.

The global downturn in technology company valuations and multiples applied to early-stage businesses was taken into consideration when assessing the fair value of the portfolio.

The net assets of the Company at 31 December 2024 showed a reduction of £1.6m to £10.7m (31 December 2023:

£12.3m). The net asset value per ordinary share as at 31 December 2024 decreased by 1.2p to 2.0p (31 December 2023: 3.2p).”

Incredible work… 15 years ? Absolute genius, surprised he hasn’t been head hunted by nasa or Elon

Genuinely hope she pops to 10p for you all mate, you are all well over due it. GL

Yes, that's for sure. If you invest here, just be prepared to be passing a diluted holding down to your great, great grandchildren. lol

No idea.

We all believe in the technology, just be prepared to listen to over promises, vast under delivery & dilution of shares. Bare in mind (before you throw your sink at it) these guys are an investment company, for as far back as i can be bothered to check they have announced a fundraise every 2 months, the last one was 6 weeks ago and they have never been done at a premium.

We had a board shuffle recently, the old timer was kicked out a few years ago and those that have come in "Hopefully" will align their wages with their supporters... no one has an objection to BOD being paid, but take some of it in convertibles & shares, if they believe the values here then there's no reason why they wouldn't, is there ?

Undoubtedly the best time to buy there ever has been but there could be a placing round the corner which will over shadow that statement. AGM vote coming up, i would imagine we will see a placing (Again) just afterwards, perhaps around 1.3p mark... last one was at 1p so BOD should probably consider giving themselves a bonus for such outstanding performance lol.

They will face their conscience at some point, cant be a particularly pleasant way to end!.

"what have I achieved... I robbed millions of pounds off those much less fortunate" What a great way to live a life, the s ** t house brokers aren't any better, they do one thing and one thing only, raise funds and pump S ** T.

I’m here for about 6 years.

Can’t believe people are still backing this conman, the blokes a disgrace.

anyone ever heard the story about the boy that cried wolf ?

i dare say, if they had aligned their interests with those of their supporters over the last 15 years, no one would ever have any issue in the issuance of shares but thus far, all everyone’s done is fund these guys lives & all they’ve done is value destruction.

don’t think we have much choice than to continue, at this stage of the game.

bod prove us all wrong, we all believe in the tech, stop ta*ing the absolute **** out of us through this wage vehicle !