Member Info for Corrumpo

Paul, yes, sorry per day.

£4m a year profit just about keeps the lights on, pay some tasty bonuses, and allows them to build another pit to increase the scraping up of sludge. And who knows, in another few years that profit could increase another few percent.

The share price reflects the faith everyone has in Emma & Co, as it continues its slide back to 1/2p.

Banjo, what we’re looking for is some sustained share price growth based on strong fundamentals, not “If you happened to buy at the very bottom, look what you could have won.” There’s the odd little spike based on blind optimism that it’s going somewhere, but the measly gold production figures are not supporting anything more.

As for the whole “Exciting times in 2026” type statements, as a long term holder, I’ve seen this year in and year out, and still nothing happens. All you get is some new supposed genial board member brought in, who makes zero difference, or talk of some new pit or pad supposedly being commissioned ‘imminently’ that doesn’t ever seem to materialise or increase production figures. It’s just another carrot they dangle.

As Bill said, and you’d assume he still has contacts who feed him the number, it’s doing 6/7oz a month. Unless something drastic happens, the share price will sit in this 0.5-1p range, with the odd spike based on sentiment derived from yet another dodgy RNS.

@Cyber. Absolutely. And I’m sure we all appreciate the incredibly warm, personal, deeply giving gesture the board are now affording shareholders by occasionally actually telling the truth. This act of extreme kindness fair restores your faith in human nature, so it does.

One day I hope they’ll move into the realms of giving us the actual gold produced, rather than dore, and the timeframe over which it was produced, and why the stated monthly stacking rate never seemed to turn into gold production. And why Akrokeri has been completely ghosted. And why you’d worry about away days to Sierra Leone when your own house is clearly not yet in order. But let’s not run before we can walk. Baby steps and all that.

@cyber. “Without naming any names”. Jeez, that’s a puzzler, eh?

Bill, a target becomes a lie when you know full well you could not possibly get even remotely near it with your resources. The statement was in March ‘22 and you reckoned you were going to get to 20,000oz in the next 9 months of production! It was clearly deliberately misleading. People like us put our real, hard earned money into companies like GRL based on the information that people in a position like yours put out. Just one of the many smoke and mirrors nonsense RNS’s perpetrated by GRL during your tenure. Another example, as Kenny and others have pointed out, is that the actual production relative to the supposed stacking never added up.

I for one am glad you’ve gone and I hope you never gain any further control over this company.

That’s not to say we’ve not still got glaring issues. Wilkins issues aside, last year, Emma also seemed happy to put out targets she knew couldn’t be met.

What a bunch!

Bill, when it comes to GRL lying, how about this whopper. This is a direct quote from the RNS dated 25th March 2022.

“2022 production target of approximately 20,000 oz gold”

This wasn’t a target set a year or more ahead, but a target made at the end of Q1 of the actual year in question. And clearly made knowing that the company had absolutely no chance of getting anywhere near it.

Who’s watch was this statement made under?

And in today’s least surprising news. Person involved in GRL linked to dodgy dealings, shock horror!

They should change the company tagline.

‘GRL - The gift that keeps on taking’

@investabit. None reported. After last time I thought he’d be there kicking off!

Akrokeri hasn’t been mentioned for a long time. This was supposed to dwarf Homase, but absolutely nothing on this for months if not years now.

I reckon Bill and his mates will be there today causing havoc!

Banjo

Believe me, Sierra Leone is the least of the issues we have to worry about right now.

Big play being made tomorrow. Big character and his mates involved.

So many buys relative to sells and the share price goes down. It’s almost as if it’s being manipulated.

Bill, any comment?

Bill knows more than he’s letting on. Ain’t that right Bill?

I’m quite optimistic!

Booboouberbear I love your optimism, and I sincerely hope you’re right, as I have some way to go to break even.

A word of caution though. I’ve seen so many false dawns with this outfit. Remember corporate investors putting in chunks at 8p or something? We all expected they must know something and went with it. Now people are getting fizzy b*lls over 1.5p

Remember Bill Trew saying they should do 28,000oz for the year? Remember EP blatantly lying that GRl was on course for 1000oz a month from Jan ‘25?

I hope it goes ballistic, but I think you can only ever have a very modest level in trust in anything this board of directors says.

Hawaii, if you’re one of the ‘shrewd’ accumulating, then surely you should be massively pleased that the bashers are here, as it allows you to accumulate at lower prices. That’s if anything said on this board ever affected the share price - which of course it doesn’t.

You’re now quoting 4000oz like it’s gospel. Look back over years of RNS’s and you’ll not find one single stated target amount that has ever been hit. Not one.

2.5m creditor debt repaid. By diluting your shares!

The main shareholder is supportive for a reason. Yes, because they have no choice. They’re an investment company and the last thing they want to do is to pull the plug and be left owning a pile of rain sodden sludge fields and rusty JCB’s in a corrupt African country. They’re balls deep and stuck like a lot of people.

“Dear Shareholders, We thought we would actually be a little more honest with you now, having lied last year about our 1000oz a month production being imminent. I don’t know what came over me when I said it. I was having a hot flush or something. So we know we’re kicking the can down the road and promising ‘jam tomorrow’ for the umpteenth year in a row, but you should all just be massively, hugely, and enormously grateful that we’re still alive, so STFU.” Love you all. Emms.

Chris, an AIM listed gold mine in Ghana is, by definition, only one for the most risk loving! That’s been the case from day one.

What I have resented over the years is the bulls*** from the board which has nearly always proves to be false. That adds another layer of risk that shouldn’t be there. If you look back at past RNS’s, I’ve lost count of the times they’ve stated there is expansion going on (some new pit/pad or other supposedly being built) which will ‘imminently increase production substantially’, only for that never to materialise.

It’s still running, which is a big positive, but the old problems of almost zero communication, and clarity, remain. As PI’s we just have no idea what’s really going on. To starve us of production figures shows the contempt the board has for us. We need to know figures, good or bad, and plans to sort those numbers and timeframes if they are bad, and in a truthful format!

Let’s hope 2026 finally brings long suffering investors some good news!

Anyone know what their PR company does apart from oversee the odd RNS? What sort of serious PR company would put themselves in the firing line for criticism by being associated with GRL?

Toffee, wasn’t it you who, just the other day, was saying how weak it was to aim abuse at people? Yes, yes it was. It obviously gives you a little dopamine hit to continually go the conflict route rather than just exchange views reasonably, but it does say a lot about your personality. Just be a decent human, eh?

Have to say, pleasantly surprised by this. Probably the best we could have hoped for in the current circumstances. Maybe there is life in the old dog yet (Goldstone, not Emma).

Abuse Toffee? Here’s just one of your posts on the KDR board from yesterday:

“ Yes and have posted subsequently stating circumstances have changed. You really are quite thick aren't you?”

And looking at your other posts, it’s pretty much constant abuse to everyone. You didn’t really think it through, did you?

Yes GG, we are The Beatles, and Toffee is the Yoko Ono of the board, hanging around like a bad smell, and spouting incoherent nonsense.

Although I should go lightly on Toffee, if you look at his posts on other company boards, he’s accusing the whole world and his wife of conspiracies! Clearly a paranoid mess, poor chap.