Member Info for chique

The majority of Bulgarians either support Russia OR think that NATO expansion towards Russia was the main driver in creating this conflict.

What also bugs me is that when the interviewer asked him about this question he 'laughed' as if it was normal , and everyone was misunderstanding.

T4G

If we are to get anywhere with this share the company MUST give shareholders correct information.

It is not good enough to say in January 150k invoiced and delivered for 2022 , then in July to say that of that 150k , 33k tons was NOT delivered.

Not only did they not meet the target for the year but they missed the target at a time they should have been pushing through the target.

I would also be interested in knowing what the following companies are costing us on a yearly basis , as some of HMI costs do seem high

Triumph Tin Mining Pty Limited

Lotus Mining Pty Limited

They are never mentioned and yet we are responsible for their liabilities.

So we went from this in the January RNS

FY 2022 invoiced sales to 150,422 tonnes

total sales orders received reaching 172,000 tonnes, of which 150,000 tonnes was "delivered" and invoiced

TO this in his total market interview yesterday

33k tons had been invoiced and paid for BUT not "delivered".

At the end of 2022

BM knew that 33k tons of the orders he was claiming had been forward ordered and that the sales for delivery during the year were only 117k , when you look at the buildup of sales during 2022.

March 22 rns

28 February 2022 totalled 30,161 tonnes

June 22 rns

Q2 2022 sales year-on-year to 47,339 tonnes

September 22 rns

2022 full year sales order target of 150,000 tonnes has been exceeded - sales orders total 153,074 tonnes

During Q3 2022 the Company recorded sales orders totalling 32,676

January 23 rns

Total sales orders received for 2022 was 172,000 tonnes

FY 2022 invoiced sales to 150,422 tonnes

total sales orders received reaching 172,000 tonnes, of which 150,000 tonnes was delivered and invoiced

2023 july- 2022 final results

2022 saw operations accelerate at Arapua resulting in total sales of 150,000 tonnes of its organic fertilizer, KP Fértil®, which included 33,000 tonnes of advanced sales that had been invoiced but did not meet the definition of revenue in the year under accounting standards.

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So in one RNS we have 150,000 tons delivered and invoiced - I believe the reason he gave for 33k not being revenue was that it had not been delivered , but in Jan 23 RNS he says " total sales orders received reaching 172,000 tonnes, of which 150,000 tonnes was delivered and invoiced "

We now have to figures to consider

172k total sales orders minus 150k = 22k passing to 2023

and the 33k which now is not revenue for 2022 (out of the 150k)

The figures being presented are a shambles and also introduce further ambiguity by using the terms 'sales' and sales orders' which further complicates this already complicated way of explaining how the company is performing.

Accordingly, a total sales volume of 117,000 tonnes of KP Fértil® has been recorded for the year an increase of 38% on the 85,030 tonnes sold in 2021

Lots of room for further ambiguity when the give the next sales orders , with it include or exclude the 33k

" Yes I remember this. It's funny that we are discussing which year $2m will be accounted for in a business worth less than £6m. "

The fact that we are trying to work this out , as well as other statements in the past , is the very reason we are at this value.

It seems like every other RNS or report gives us some kind of ambiguity to try and work out.

No just requested quote for 1 , 5 and 10 tons

The reasons I scaled back my investment here significantly last year was because he is also frig***g around with the numbers and in addition I had a report from Brazil that the sales price I thought they were selling for was possibly not to everyone at that price, including new customers which my friend in Brazil was.

If you look back you will see I posted that it was unusual that they only just met target last year and I suspected they were going to roll over some to this year, and now in July we find out!!!

Not necessarily

If this 33k has been taken out of 2022 now and invoiced in 2023 then it could be part of the 120k

Brian answered that

said don't want to use money in case we have a bad year / need the money

Listening to that I am left wondering about the 33k coming into this year

Does this mean that are real sales target change is to 87k + 33k or are we saying that we will do 120k plus the 33k tons

5 toneladas was 900 BRL

April 22 this was

Last april I asked someone to see what kp fertil was selling for , they got a quote for 1650 brazilian real for 10 toneladas

I think at the time were were supposed to be well over 200 per ton

one of the reasons I scaled back significantly

It may well have been an error , but the quote says 190 real , for one tonelada

I sold quite a lot at 16p , 8p and also 5p , which I actually thought to be mistakes at the time, at least the 8p and the 5p, but thought what the hell.

Not really worth trying to sell my remaining few so will just hold them and see where this goes over next year, I may even buy a few more at lower levels.

It's always been a theory of mine that he was engineering this in order to do a buy out, he didn't have 9 million a while back , but by now he may have accrued enough should the sp fall from here, fortunately, I hold only a fraction of what I used to hold.

And quite right too!!