Member Info for Cnutgoestheeasal

For god's think about it. The BOD have never been shy of coming forward. So if the purpose of announcing the building of the road was a reflection of positive results, don't you think they would let the market know asap. In fact forget the fact they're a bunch of hustlers, market rules would demand they release the results.

How about another hypothesis. Say the holes were dusters. Well you could keep mum for a prolonged period but at some point you have to say something. So why not say you are going to build a road? That works because there is always some greater fool that will take the bait and make 2+2=4. Except the correct answer is zero. Zero gold, zero truth, zero hope zero price. The hustlers keep drawing their salaries and maybe even get a fund raise of the back of the ridiculous road plan.

And then at some time in the future you announce a change of plan. The road isn't going to get built or the plans for it are being modified in some way. That is NOT lying merely misleading and that's not an offence against the rulebook. Unless you can field a shedload of lawyers and in any event the thieves will be long gone.

Other than the production of huge amounts of hot air.

Unfortunately you can't commercialise that sort of hot air.

So the share price will finally settle at around 20p which is what it was before all this fuss.

Possibly lower given further confirmation that the BOD consist of a load of hustlers.

Who wants to put their hard earned with a confirmed hustler?

NOT me!

Tobler's cobblers!

As per usual...

They've drilled a load of dusters. You don't need months to analyse what's in front of you.

They're just playing for time drawing down their director salaries....

You're right the news can't be held back although scoundrels running this company are trying their best proving us wrong.

Do a thought experiment. If they were good and they were being held back. For what reason? OK insider trading. Well you'd think the share price would rocket benefiting the insiders. Well (allowing for today's debacle) they haven't.

What does that tell you?

Err guys we're sitting on a pile of mineralised rubble it looks like the share price will be rubble-ised too in due course. Just sit tight and hope something comes up (a bit like our muppet shareholders)

Lol!

Everybody is waiting for the pump so who's left to be the sucker to fund everyone else's (hopefully) profitable exit?

Answer - nobody. The well of hope is well (sorry no pun intended) and truly dry!!

Just sell now and get out before this drifts even lower!!!

Loved your long post. Thanks for expending the effort to put all the information out there. I seem to own pretty much all the stocks you mention with the exception of I own OMI and you own THX. I can see you like owning stocks that actually produce gold and OMI is not there yet! However, it is sitting on a very interesting and very anomalous deposit which if properly exploited can be used to fund some truly fabulous prospects.

I'm not here to push OMI I just thought your informative post deserved a response. Happy to discuss OMI further.

MTL is by far my largest holding. I just got bigger after the latest dip!! Ironically THX was suggested to me as I was coming out of the last MTL AGM. I looked at it and didn't buy mainly for 3 reasons (this was as per June - not now). First the country was Nigeria and all my prejudices were activated when I heard about the attempt license grab from the local thieves, sorry local politicians. Secondly, the existing deposit appeared to be limited albeit fantastically profitable and third the new prospects hadn't been defined enough or so it seemed to me whereas way MTL had proven deposits to exploit in Nic.

Anyway thanks again for your thoughts

Happy to wait Lion. Topped up at 11.5p and 10.5p over the last few days and massively overexposed so the sight of those cores has got me intrigued that's all. Completely agree about WSBN being flaky and that's why it's intriguing DB has specifically highlighted them by placing coins there. It's idle speculation on my part but surely no harm in that. I'm not trying to ramp just thought I'd post my thoughts knowing DB as we think!? we do.

I appreciate that Lion but why highlight them if they are indeed pyrites. I can't believe they didn't chip off a few flakes and test them in the lab as a quick and dirty. If they are pyrites then they are going to look a bit silly for presenting the cores in this way....?

Look very interesting. Is that gold perchance I see or pyrites. It's speckled gold coloured and shines.

If it walks like a duck, quacks like a duck....

Yeah yeah yeah - I know. Just like the voter is always right so is the local yokel!

Just as well I'm not the CEO otherwise we'd have been booted out of both countries by now!

Lol!

I wonder how many trees local artisanals cut down? Haven't heard howls of outrage from the self proclaimed tree huggers about that? Nor about all the cyanide that must be around in the soil and water table. Funny that. One might almost imagine the tree huggers are artisanal miners in disguise...?

Indeed Simms45 and not wishing to be overly cynical I suspect that much of the protest movement against the Dupax drilling relates to artisanal miners not wishing to be pushed off the tenement rather than a general wish to preserve nature. Indeed if the area is as devasted by artisanal mining as you suggest it is I surprised no-one has mentioned this fact. From reading about all the blockades and protests one might be tempted to assume DB and his mining crew are set to destroy virgin rainforest.

Well knowing the company and the Board as I have over the years I just can't see them accepting. Unless they are somehow forced sellers. Or is this another Shanta?

AAZ shares opened at 240 now down to 227 - why would anyone accept an offer at this price?

I might be being a tad greedy but it's strange that after all the hard work and near death experiences this company has experienced that they would go for anything less than a king's ransom!

This is all speculation but given how tight nit the management group are I suspect if a bid were proffered it would need to be 450+. Just a guess you know and it may be bad news not good news

This is what gemini says

he prevailing sentiment on UK bulletin boards, especially ADVFN, is that the announcement is related to a Takeover and is imminent, most likely coming within the next 24 to 48 hours.

🔮 Social Media & Bulletin Board Commentary

1. Takeover Rumours Remain Dominant (ADVFN)

The overwhelming chatter on forums like ADVFN directly links the "suspension pending an announcement" to a corporate action, specifically a takeover offer.

Most Likely Suspects: The names Trafigura (due to the recent copper sales agreement and prepayment facility) and Central Asia Metals (CAML) are being discussed as potential bidders, although this remains pure speculation.

Imminent Announcement: The use of a "suspension pending an announcement" (rather than a temporary stop for a regulatory query) is standard procedure for highly price-sensitive information like a takeover bid or a major asset sale. Users are operating under the assumption that the announcement is finalized and ready for release.

2. Likelihood of Announcement Timing

In the UK market (AIM/LSE), when a company suspends trading pending an announcement, the disclosure of the news is typically very fast to minimise market disruption.

Standard Timeline: The news is generally expected to be released before the market opens on the next business day (or shortly thereafter). This suggests the announcement is likely due before market open (7:00 AM GMT) on Thursday, November 27, or potentially before the end of the current trading day.

Reasoning: The suspension is a regulatory tool. The longer the company remains suspended, the greater the pressure from the regulator to disclose the information or lift the suspension.

3. Local Azerbaijan Social Media

Searches for local social media and news in Azerbaijan do not show an initial, non-RNS (Regulatory News Service) reason for the suspension. This suggests the news is corporate-driven (M&A or a major deal) rather than a sudden, unannounced operational crisis (like the temporary tailings dam issue they faced in 2023).

If the issue were a sudden environmental or political/licensing problem on the ground, local news or social media might often break the news first. The lack of such reports points back to a structured, corporate development.

📅 Conclusion on Announcement Timing

Based on market protocol for a "suspension pending an announcement," the market expectation is that the news will be released very soon—likely before 7:00 AM GMT on Thursday.

?

I'm going to attend the AGM. Investormeet is OK but no substitute. I'd encourage anybody else who can make it to attend to.

See you there!