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dorfan01, would you care to expand/explain:-
"A bad contract with BMR was corrected when Jubilee pleaded their case to the Zambian authorities and we will as shareholders soon experience great growth from deals since done in Zambia.The latest tax announcement from the Zambian authorities is another massive benefit for Jubilee."
Thanks
Pursuit Minerals Dec 21 Quarterly Activities Report. (Issued 27/01/2022)
Have a look at the above! More delays, more money!!!!
CB in multiple listed companies (BZT, GLR, JLP, XTR, AFP & TIR) this does not include Kendrick, plus multiple "private" companies. Just where is his focus, it can't be on ALL his companies?
No, probably lost interest!!!!
Note relisting is running somewhat late - there's a surprise!
Happy New Year
Posts on his other companies, at least the public ones, are "pleading" for him to "focus" on them!
How does anyone "focus" on 5 companies?
BZT, GLR, AFP, TIR, XTR; and bring another, Kendrick, to market?
Don't get me started on his multiple "private" companies.
E&OE My views.
It was simply a name change, BMR - Kendrick Resources.
Kendrick Resources web site (ex BMR) read Report & Accounts 29th Dec 2020. No expectation of income from Royalty in mid term (whatever period that may be).
Remember C Bird is a director of Kendrick and Jubilee (amongst many many others) so my question is conflict of interest and which (companys) shareholders is he working in the interests of (poor english but you get the drift).
I have long held the view that the Royalty would never happen (financial benefit to shareholders) and the directors have never given a straight answer to any questions about said Royalty!
My views E&OE
Nothing to do with us gov!
Look to Jubilee if you want anything on Kabwe, but don't expect much.
Look on the Kendrick Resources web site, some info there.
As of now any shares are worthless, value when we relist is a complete unknown as is when we relist!
No feedback from AGM either from anyone who may have attended or the company.
Mushroom management par excellence!
Bear in mind that Colin is a busy bloke. Six (6) public companies AFP, BZT, GLR, JLP, TIR & XTR, I don't include Kendrick Resources as shares suspended but Colin is a director. At least ten (10) (pty) ltd companies, basically private, as opposed to public, companies plus others.
All in the public domain.
Lunch time snooze; I'm surprised he has time to sleep at all.
Not sure Yorshire tea (v good) is available in the UAE where he resides.
The GM was last Monday, no feededback but best guess all resolutions passed (Jubilee 29% remember).
Share "consolidation" 30 - 1 will happen early Nov.
Jubillee's 29% will not change.
£1.5m for listing maybe before year end, already running late! No idea how many shares that represents but unless Jubilee invest heavily in the new shares their % will be be reduced quite considerably from the current 29.
Royalty, which as far as I know has never been published or made available to shareholders, will simply disappear which is what CB wanted all along. Any and all questions re the Royalty have been met with obfuscation and excuses.
CB has stated that they expect no income, from the Royalty, in the midterm but with no definition of what midterm is!
If I am wrong, the Royalty will be diluted from the existing number of shareholders to a vastly increased number of shareholders after the new listing, thus making the Royalty worth a microscopically small amount to existing shareholders!
Jubillee wont care as they already have the assets!
Anyone care to argue?
What you also have to bear in mind that CB has many directorships. Public companies, AFP, BZT, GLR, JLP, TIR & XTR. I don't include Kendrick as the shares are suspended, but he is still a director! There are then atleast 10 (pty) ltd companies listed. Basically "private" companies. All this information is in the public domain and I don't suggest anything underhand. What I do question is how one man can "manage" 6 public companies and why does he need 10 private companies?
My views.
E&OE
My point is simple, the General Meetings are limited to a maximum 2 hours, with the possible exception of the 3:00pm meeting. Is placing a 2 hour limit resonable?
Shareholders can attend and meet CB, that I have not denied.
"We strongly encourage and request shareholders to appoint the chairman as their proxy or rather than attend in person due to the Covid-19 associated risks."
"If your preference is to attend in person, please note that whilst we currently anticipate this will be possible we are committed to following government guidelines in place at the date of the meeting."
Taken, mostly, from the Chairman's letter , Notice of a General Meeting.
I'm sure your letter will include a similar if not identical statement.
I don't know how big Fladgate is or the dimensions of their conference rooms. Perhaps you could guide me?
Kendrick Resources General Meeting - 09:00am, Flagate etc etc etc WC2B 5DG.
Bezant Resources AGM - 11:00am, Fladgate etc etc etc WC2B 5DG .
Galilieo Resources AGM - 1:00pm, Fladgate etc etc etc WC2B 5DG
Extract Resources AGM - 3:00pm, Fladgate etc etc etc WC2B 5DG
Obviously lots of time for questions, even under Covid rules!!!!!
Kendrick Resources General Meeting - 09:00am, Flagate etc etc etc WC2B 5DG.
Bezant Resources AGM - 11:00am, Fladgate etc etc etc WC2B 5DG .
Galilieo Resources AGM - 1:00pm, Fladgate etc etc etc WC2B 5DG
Extract Resources AGM - 3:00pm, Fladgate etc etc etc WC2B 5DG
Obviously lots of time for questions, even under Covid rules!!!!!
Kendrick Resources General Meeting - 09:00am, Flagate etc etc etc WC2B 5DG.
Bezant Resources AGM - 11:00am, Fladgate etc etc etc WC2B 5DG .
Galilieo Resources AGM - 1:00pm, Fladgate etc etc etc WC2B 5DG
Extract Resources AGM - 3:00pm, Fladgate etc etc etc WC2B 5DG
Obviously lots of time for questions, even under Covid rules!!!!!