Member Info for Desertsands

He could own a hundred such similarly named companies and it would make no difference….. JV is between Mast & Proventure Holdings Uk Ltd…..

Coming up to close of play for the year…… sincerely wishing you all a very happy 2024. Here’s hoping for better things for everyone.

TTFN

Yet another “ Proventure” titled company ……

the party to the JV is not Proventure Holdings India Private Limited though…..

Smoke & mirrors

Morning everyone - hope you all had a good Christmas. Seems a long time ago now!

GG, Rupert et al……

My average was 7.2 before the sp tanked. I too spent quite a while deliberating whether to park it, sell out or average down and for my circumstances, it made sense to average down as for another £1200, my average fell to 1.5. I am fully expecting to take a loss, but the maths work out better for me this way - damage limitation rather than avoidance, if you like. I do have some spare pennies that could lower my average even more but I will channel those funds into other opportunities that I feel confident about. Hopefully any gains will go towards offsetting any loss here, on my portfolio bottom line.

He1 was always a binary play and this has to either make or break. Personally, I can’t see the company being able to continue for much longer as things stand without a seismic change in either BOD, drilling results or interest from a third party. Probabilities, not possibilities I would think……

Anyhoooo…. Sincerely wishing everyone all the very best for 2024. See you all on the other side !

India is one of the world’s largest trading economies - tens- if not hundreds- of millions pass through every day in various currencies, in and out. They are fully integrated into the international banking system.

RNS stated signatures to the agreement were still required. No signatures, no money.

Proventure has a new website - still no mention of Mast or the UK but they do now show signed agreements with Cameroon & Cyprus.

The agreement is with Proventure Holdings UK Ltd which is NOT listed as a satellite office, affiliate or subsidiary of Proventure. As previously mentioned, there is a lot of obfuscation with the Proventure name and all it leads to is smoke & mirrors and shareholders deserve better.

Hello again Winstanley - how was your Christmas?

I’ve always felt Darktrace would be bought out/taken over….. be good if it was 2024 but maybe it still has to pay its dues, so to speak. Let’s see!

AI - wow….. did Santa not bring you any presents? Your post says far more about you than you may think.

Why do you feel it important to be hugely judgmental and to denigrate someone who made the right choices for him? Snob factor maybe? I know more grads who hated their Russel Group unis than I do other grads who went where they had a better all round experience. No one chooses poorly who gets an excellent degree AND has 4 years of great fun too. Economics & management from Lancaster is highly regarded….bit like Architecture from Nottingham is better regarded that From Oxbridge.

Couldn’t make it up……well, you did! What’s 80% got to do with anything …. Meanwhile, back in the here & now…. How is your short working out?

Any thoughts on ML’s recent purchase?

At the last AGM, the defacto Autonomy/ML Invoke inside man Patrick Jacob was voted off the board. Could the share purchase by ML be one of several to come to increase his holding so he once again has a presence beyond resident lurker?

Bebeto - “ 6p or 0.25p the chance of success remain the same with this upcoming drill.”

And that is something that is easily forgotten…….

AI-Investor “ would also say the cto doesnt seem up to it. lancaster graduate , dear me.“

Friend of mine got into Oxford to read economics & management. Also received offers from Bristol & LSE and Lancaster. Chose Lancaster and had a fantastic time and has a well respected double honours first. Is one of the smallest universities and only offers 18 out of every 100 applicants a place. He now has a job paying more zeros on the end than is necessary.

Where did you go to uni ?

Poppy went to Sheffield…….

I want to live in Wyndrum’s galaxy far, far away where the maths through booze goggles looks just fine 😁

Morning everyone

What a nice way to start the day! These results are good……

Maybe the reason for the fall is the Mike Lynch effect…..the trade in the RNS took place in 21st and DT informed officially on 22nd. Festive bank holidays naturally allowed longer for the RNS to be issued.

Wishing you all a merry & jolly Christmas …….. enjoy the down time away from the FTSE and raise a glass to those loved and lost.

Wishing you all a merry & jolly Christmas …….. enjoy the down time away from the FTSE and raise a glass to those loved and lost.

Wishing you all a merry & jolly Christmas …….. enjoy the down time away from the FTSE and raise a glass to those loved and lost.

Wishing you all a merry & jolly Christmas …….. enjoy the down time away from the FTSE and raise a glass to those loved and lost.

Bongobndhu -

I was merely wondering how receiving a quote for a dummy share sale led you believe that was a clue the funds have been received? If that was the case then you could say, by the same reasoning, that the funds were received weeks ago, or even every day during the last few weeks as sales have trounced buys.

This is an open forum bb - if you only want to engage if someone agrees with what you write then why bother posting at all? If you do post, then surely someone asking for clarification is acceptable…… Echo chambers can be very lonely places.

Bongobondhu - “ I've just tried a dummy sell they offer me 005671 for my whole holdings which is over million shares.

this is a clue that money has been paid.”

How on earth do you reach that conclusion? The level of mystical justification here defies all reasoning.

Hold because you believe, sell because you don’t. It’s no more complicated than that.

Hi Daven66

All the best…… it’s just dire, isn’t it.

I have cancelled Christmas by managing to scrape together a few pennies to get my average down to 1.5p and that is purely because I do believe I can limit my losses at that price and maybe, just maybe, break even if the PR and drilling machines kick into gear but I know that a big ask. My previous average was higher than yours at 7.2 and I just could not see that price on the horizon for the foreseeable, if at all.

As the saying goes…… a fool and his money are soon parted and I never thought I was particularly foolish. Well that will teach me!

Deep breaths everyone……

Joe80 - “ Better odds playing Russian roulette. Saying that the Gun would probably breakdown playing with this mob”

Now that did make me laugh out loud 😂 😂

Got to laugh really - it’s just a shame it isn’t funny though