Member Info for CheltenhamFlyer

Interesting that the article doesn’t mention PAT or the arbitration dispute over the mine bearing in mind they intend to re-auction it off.

Sorry second paragraph copied over twice

Offmessage: the following two paragraphs are extracts of an incredible PPP RNS I stumbled across this morning. Lenigas was a former Director of this company and resigned in November 2024:

Shareholders should be aware that former Chairman and CEO, were paid a total of £120,000 from capital raises, which took place at the time when a judgement had been awarded against the Company and therefore all available funds should have been paid by the Company to Creditors’

‘ I appreciate that many of these issues raised will come as a shock. as it did to us when we were appointed, and quite frankly are entirely unacceptable in any company, let alone a public company listed on a regulated exchange. Shareholders, of which I am one, have every right to be angry and disappointed at the previous management and the historical position that has taken substantial time, resources and commitment from the current Board to reposition the Company.’

‘I appreciate that many of these issues raised will come as a shock. as it did to us when we were appointed, and quite frankly are entirely unacceptable in any company, let alone a public company listed on a regulated exchange. Shareholders, of which I am one, have every right to be angry and disappointed at the previous management and the historical position that has taken substantial time, resources and commitment from the current Board to reposition the Company.’

Reece, according to this site, GGP are worth £2.4 billion. As of the end of last year they own 100% of Haverion and Telfer and it’s infrastructure which is a producing mine and they are banking serious amounts of cash.

WSBN are still drilling and should they prove there’s gold in mineable quantities will need to spend a serious amount of money to get it out. The direct comparison you have made is not correct.

Good luck to the holders but keep your feet on the ground.

I think the simple answer to your question Zoros is a return to the gold standard.

Littlepost, agree. I also think a lot of ‘hot money’ is off chasing the small explorers ( I need not name them) at the moment and possibly sold some here chasing the dream after some cross ramping. This is not a criticism of the other explorers by the way.

I imagine Poland shooting down Russian drones over their territory has got a few sphincters twitching

Nine, it’s probably shown elsewhere but you can now see it on the ‘Trades’ tab above

Manifesto, a few years ago I worked on a contract for a high net worth client who was a tax exile. the rules may have changed but at the time if he flew into the country and out the same day, it didn't count against the yearly allowance.

I’m thinking of the final scene in the Italian Job - the bus is teetering over the cliff with the gold at one end and the robbers huddled at the other balancing it. Michael Caine (Ken) in the middle turns to them and says ‘hang on a minute lads I’ve got a great idea’!

Falcon, yes agreed, I use them myself and was part of the project team that built their offices in Bristol. As you say, its more likely the active PI's that are most likely to vote no.

Falcon, HL (I presume you mean Hargreaves Lansdown) are execution only brokers for mainly private investors, the like of you and I.

Struggled to buy £1500 worth on HL. Had to pay .198/share in the end.

Although I'm more of a background lurker, nice to see Bamps and Speedie here too!

RNS of the 8th July only states applied for. He’s either got it wrong or let slip some unannounced information.

No1, sorry no, I was replying to Mrinvestor and his £2 comment. Should have made that clear.

That would value the company at £5 billion assuming no further dilution! Think you need to reconsider that comment.

I understand Shaun timed the ASX placing to avoid the June rebalance volatility. If so, I hope he got the timing right to hit the September one. The recent shorts concern me a bit that someone knows something we don’t. If we miss the September rebalance I can see the market taking advantage again but even if it does, it would hopefully be a short term issue.

Imran Khan on the 11th August: ‘ Doomed wsbn nothing found 15+ days of drilling and no gold come on guys think before u invest in this company’.

Be careful of the comments from this ramper

Freddie, why this constant sniping at Bamps? To my recollection he has never advised buy/sell, never projects the share price, doesn’t quote his share ownership but only states information as he sees it gleaned from knowledge and extensive research which is freely shared. You seem to have it in for him particularly or are you just projecting your own mistakes onto someone else?