Member Info for delsboy

Ai says but you decided yourself: his opening strategy is a psychological manipulation designed to instantly control the reader's anger. By acknowledging the high frustration and agreeing that they "should be listed," JB to stand with the reader, establishing a false sense of solidarity. However, this is immediately followed by the decisive mechanism for confusion: blaming the auditors. Psycho Confusion: This tactic successfully transfers the reader's frustration away from the management and onto a third-party bottleneck. The indefinite timeline ("auditors will not commit to one") is presented not as a company failure, but as an unfortunate external reality. This confuses the chain of causation—the reader forgets that the auditors are slow because the company provided faulty or incomplete information in the first place. The writer positions himself as a frustrated fellow victim rather than the responsible party.

2. Deflection through Vague "Self-Correction"

To combat the notion of incompetence, the writer uses broad, unsubstantiated promises of internal reform.

Twisting/Deflection: Statements like "measures have been made to strengthen all aspects of the finance and compliance teams" are designed to sound decisive while containing no verifiable content. This is a cognitive trap: the human mind seeks closure, and this generic phrase provides the feeling of a solution without the fact of one. The writer avoids naming new hires, specific changes in procedure, or concrete timelines for reform.

The Sincerity Ploy: The most blatant piece of personal deflection is the use of the "old dog that does learn" metaphor. This is an attempt to neutralize skepticism by turning a professional failure into a personal journey of growth. Writer uses this maneuver to shift the evaluation from the firm's balance sheet to his personal character, hoping to elicit sympathy or patience based on perceived sincerity, which is far easier to fake than an audit report.

3. Creating False Momentum and Timeline Confusion

The operational and funding updates are structured to provide a rush of technical-sounding progress that actually commits to nothing.

Confusing the Timeline: The promise that "it is during this quarter that three of our projects establish themselves in the export markets" uses aspirational language ("establish themselves") to mask a complete lack of commitment. This vague phrasing prevents the reader from holding them accountable to a specific date, quantity, or contract. By promising a future RNS (Regulatory News Service) update for details, the writer pushes all accountability further into the future, creating a continuous cycle of news about future news.

The Funding Shell Game: The contradictory statement on funding—"Funding is in place" immediately followed by "further funding as advised is being concluded"—is intentional confusion. It reassures investors that projects won't stop, but simultaneously confirms the current cash is insufficient. .....

AI says but its subjective and make up your own mind : The main point the writer is trying to make is simple: Be patient, the delay isn't our fault, and trust that we will fix it. However, this completely twists the truth. The reason the shares are not trading is not because the auditors are slow; it is because the company's finance and compliance teams made such a fundamental mess that the auditors cannot sign off on the accounts. The writer is placing all the blame on an external party—the auditors—to distract from the internal failure. When he says they are "pushing forward," he is admitting they are still cleaning up a massive problem they created. The update is a confession that the company still cannot meet the most basic rules required to be a publicly traded entity.

The claims about internal improvements are meaningless window dressing. The statements that "tough lessons have been learnt" and that "measures have been made to strengthen all aspects of the finance and compliance teams" are vague promises with zero detail. If he had made serious changes, he would name the new staff, detail the new controls, or give a firm, external deadline. Instead, he uses the tactic of the "old dog that does learn" to appeal for personal trust, hoping you will accept his apology instead of demanding corporate accountability. He offers emotion and vague claims of change instead of hard evidence, which is a classic way to deflect attention when a company has no real progress to report.

Finally, the talk about projects and funding is an effort to buy time. He says "funding is in place" but then immediately admits "further funding... is being concluded." This tells you the money they currently have is not sufficient, and they are still scrambling to raise more. The promise that "three of our projects establish themselves in the export markets" is deliberately non-committal. If they had secured major contracts or were shipping significant volumes, he would provide specific data, not use soft, vague phrases. By setting the expectation for real progress only in "June, July and August," he is simply delaying the window for accountability by three months, asking investors to wait again for future news that may never materialize.

Jason posts stuff this am: "Good morning all.

Frustrations levels rightly high and no arguments there from me.

We should be listed. We should be trading. No doubt about that.

We are not BUT know the finance team and compliance team and pushing forward on all of it with our auditors.

Those results will be published and clearly the sooner the better for all. Can I give you a definitive time - no as auditors will not commit to one and it is best to let them push ahead and wrap both sets of audits that need to be completed.

Rest assured measures have been made to strengthen all aspects of the finance and compliance teams and know hard and tough lessons have been learnt.

No excuses from me. But know I am one of those old dogs that does learn and things have and will continue to change across the group and its management ethos and structure. Words mean little I know until you see our shares trading again.

So that is my focus to get us trading and to ensure the operating business moves forward and delivers.

We have Henk in SA at Blesberg and NCLT, Mremi at Kinusi, Marlo at Kilifi and we have Chris overseeing all our activities here in East Africa including the graphite and whilst Alpheus oversees it all.

Work continues at all and nothing has stopped.

Has it moved forward as fast as you and I had planned, clearly not.

But it is moving forward and as advised in previous RNS’ it is during this quarter that three of our projects establish themselves in the export markets.

RNS’ will of course be released on all of these updating you in detail on the progress. This week as expected I will be across our various projects and also in meetings with our key stakeholders. Whilst in South Africa I will of course be with our team in Johannesburg and also having a presentation at the Junior Mining Indaba on Wednesday afternoon and which will be streamed live for all who would want to catch it. The interview will no doubt focus on our corporate position and on South Africa and also on the Blesberg lithium and tantalum progress where markets have clearly strengthened as well as our NCLT Tungsten which is arguably one of the better performing of commodities in recent years. Our operating and corporate activities continue and previously advised corporate funding initiatives are all progressing and further RNS updates will be provided there as well.

Funding is in place which allows us to advance our projects and further funding as advised is being concluded.

We have made it clear that equity is not our preferred form of funding our activities, with debt and cashflow from operations the key focus for us - nothing has changed there. I hope to see these next summer months of June, July and August filled with plenty of news associated with the major progress here in East and South Africa and of course the market reacting positively to that news with our shares once again trading."

this is someone called jitters. who thinks jason will give a frank interview (naive is an understatement) and also thinks the failure to publish accounts is an auditor issue not a company issue...thats mad!

"guys….. ffs you’re sounding like a bunch of bullies!!

what exactly do you think all this ******** is going to achieve? nothing except screw your blood pressure up.

jason has said he is going to be interviewed on wednesday and wants it to be open and frank….. that suggests to me that we should have news before wednesday as he can’t talk otherwise. it would also tie in with what alpheus posted last week.

try to at least join the dots guys rather than hand wring over a set of accounts that will be done when the auditors see fit."

Good news it seems, but isnt this what they were fined for, sharing on telegram and not giving nig news via official rna info channel but only on socials instead? hopefully good news and hope aquis doesnt kick off again

Is it true? why?