Member Info for cardo

Colin thinks it's the greatest thing since sliced bread whilst the market thinks it's a bucket of cold sick!
I wonder who is right?

Seems a common thread amongst CB's companies.

So what are we, shareholders, paying Roast & Zak for in their PR role?

"Right individuals in place across all his companies......"
Problem is that a lot of those capable people are sread over many of CB's companies. Do a spreasheet, companies, obviously not all 20 +, across the top, list of directors against each company below and look for commonality!

Succession planning, I hope not! Just be another CB, spread so thin he would be hardly visible, as CB is!
MD of a company in the Nordic area and talking about Zambia, how does that work?
What CB’s companies need is individual attention, not “today is Wednesday so it must be TIR” or such like. Less of the thin spread and more attention to getting some shareholder returns, sadly lacking across the board of CB companies currently.

Don’t forget Caerus Minerals in Cyprus. JV with Bzt and either JLP or GLR, not sure which, but that went stunningly well!

Prickly,
I wholeheartedly agree with your final sentence "CB owes......" as I think most CB company shareholders will do.
I also fundamentally disagree with your sentence starting "As he said in.......", no evidence whatsoever to confirm this!

Can anyone explain a 33.33% spread please?

Excuse list 49b, subsection 9, para 44, sub sub section 9, final sentence!

There you will find the reason the share price is somewhat less than IPO!!!!

Laughter beats crying most days.

Gentlemen,
Have a peek at the Kendrick Prospectus, page 29, para re Kabwe, final sentence.
Re Royalty, no expectation of income in foreseeable future and value written down to nil! (Paraphrase)
Interesting bearing in mind Borelli and Bird were the Directors of BMR who put the Royalty in place with Jubilee when Bird was Chairman there! Cross fertilisation or conflict of interest?

Troajan, you mentioned Kabwe, does that suggest the "Royalty" could be alive and well?

Strange that a “commentator” has a significant effect on the sp whilst the chairman’s words of wisdom have little or negative effect!!!
Nice increase but has anyone worked out what sort of increase is necessary for any
remaining BMR shareholders to break even?

Hi Prickly,
For me you can add Jubilee and Kendrick. Kendrick is the phoenix that rose from the disaster that was BMR, run by CB and Borelli, both of whom are in Kendrick (check the web site). Shareholders from BMR are nursing losses of in excess of 95% +, hardly one of CB's success stories!
Why am I in so many, simple, I take the same approach as CB, multiple companies with multiple projects in multiple countries; if one succeeds (true multi bagger) it could cover any losses in the others!
All we, shareholders, have to do is wait and hope that one of CB's many many current projects comes good, which none have done to date!
However the point I have made many times is that for each company, CB (and others) are part time, that is a fact.

CB has this week appointed MC as MD of Kendrick Resources who are Scandinavia based.
Wonder how much time MC will spend in Africa versus Scandinavia, should be good for the old air miles!!!!
Not sure what role MC has in Galileo, can anyone clarify please?

3card,
I was trying ever so ever so hard to forget!

The BoD is made up of part timers. CB & MC are currently swanning round South Africa with their mates from the Roast.
The trick here is to work out what value each of them, the BoD, brings to the party.
Shame Edine missed out on the Options, she is the one doing the work!
Share price has got to do a lot better than IPO to get any money back, already down over 60%.
E&OE

Eric, you are going to have to help me with that one!

Did anyone ever find out what useful purpose he fulfills?

Another part timer joins the BoD!!
How's about one in one out, Churchouse in Borelli out! Shall we take a vote?
Hopefully the other two will be full time gainfully employed.

Have a look at Kendrick RNS today; jobs for the boys?
Churchouse ex Caerus!
Any role in Galileo will be part time.