Member Info for cunningfox

Talking of divis, sold my shell at 2805 , i'm so good at this :-(

fortunately i wasn't so stupid with my 17000 BP ones at £3. I want £6 for them. I'm very patient .......

Utter s h i t e . Mis management and incompetence on the grandest scale imaginable. No different to Kibo and Mast.

The bloke should be struck off and never allowed to hold a directorship in anything ever again IMO

I wouldn't get too excited Wimbo :-)

That's all you're good for

Look at this from this morning, add that to the other projects i listed earlier.

Katoro Gold PLC (AIM: KAT), the strategic and precious minerals exploration and development company, announces that in terms of the Joint Venture Agreement ('Agreement') with Lake Victoria Gold to develop the Imweru Gold Project as announced on 7 March 2022, (RNS Nr 8292D dated 7 March 2022) LVG has to date not provided any proof of payment of the agreed Capital Contribution, payable on or before 31 December 2023 , commensurate with the Agreement referred to above.

The Company has subsequently formally engaged with LVG on this matter and is awaiting their response and will update the market in due course.

I can only laugh now, there is nothing else to do now with this utterly useless BOD

"One has to wonder as to whether the directors did any due diligence "

in answer to your question.

go back over the last say 6 years, MCCP, Shumba, Blyvoor to name but a few.

and there you have your answer

desperation not diligence

It doesn't surprise me in the slightest, typical LC, next RNS will be Proventure deal has fallen through and the company is exploring yet another deal

Spot on Desertsands

There will undoubtedly be a huge almost un traceable maze of interested parties involved behind the funds, definitely not 100% coming from Proventure, they will just be fronting the funds.

Like most LC related ventures, you never really know who owns what. Always murky, to the point a forensic accountant would struggle

Louis Coetzee touches , turn to s**t , that's a fact. Cannot be trusted, and really needs to go. But why would he ? salary, options, pension, deliver SFA in 12 years and retire to his cosy Camps Bay residence all thanks to pulling the wool over shareholders eyes.

His logic, there's always a mug punter that will buy a share right down to zero. Clever bloke

Funny, do you really think any company sits there and decides.... mmm lets hold off on this until the last minute so nervous sellers sell out. Seriously ?

99% of companies don't give shareholders a second thought

How can it be by 4pm today but not later that the 29th , surely it's one or the other??

first £1m payment to the Project SPV by 4pm US-time on 22 December 2023, but no later than 29 December 2023.

Retals.... I'll give you a bit of free advice...

Steer well clear of any stock that has a connection with Louis Coetzee or any related party.

It never does what it says on the tin, and you will lose money!!

Trust me on that one, I have 11 years of first hand experience , and only myself to blame.

And you're privy to information that the market isn't? want to share how you know this ? otherwise it's b....ks

And some need about 1500% on every stock the LC has had his grubby hands on over the last 12 yrs

2m will be paid , supposedly , wait and see

Why resign? when you can keep drawing a salary for doing nothing and achieving nothing in 12 years. might as well milk it for as long as possible, get to retirement age and live comfortably in Camps Bay. No conscience, no morals, can't even pass a resolution. Absolute disgrace

But was only to be expected. And now no revenue from the only cash generating asset they have.

Sheer incompetence on a grand scale.

I remember Wimbo, was there too, if only I had had the foresight to realise what utter b*ll - S**t that was going to be.

if he had an ounce of decency and integrity he'd go and let someone else try and run the businesses , sadly I think they are beyond saving.