Member Info for djwall1s

If I could add that there are genuine people here, several with very large holdings who are investors (not traders who are in a blind panic because their trading chips are frozen).

We want the company to do well, it's in our interests, but the last minute comms do not inspire holder confidence, even if all is well behind the scenes. Surely the team at LION is now expanded enough to include someone who can get RNS news out in a timely manner, rather than letting things drag on until deadlines approach.

There's so much potential here but comms are treated almost as an afterthought. It's no surprise many people are gnawing their arms down to stumps.

Thanks bj, that's great.

Difficult for me to phone CP today as working so any feedback would be very much appreciated.

Cheers.

Just because we're delisted doesn't mean the company can;t put our notices. But instead of them coming here they'll go onto RNS Reach on Investigate and you'll have to check for them yourself unless you've signed up to their alerts (if they have a system).

So we'll still be able to see stuff, that is if things ever arrive. I've genuinely never known a company offset its own genuine product endorsement and hard work with the failure to talk to shareholders in any shape or form, for months.

As I say all is certainly not lost atm imo but the comms continue to be breathtakingly bad.

Yes, it came from the stock exchange itself, not LION, because I didn't get an RNS alert on my phone or e-mail.

As others have said it's standard procedure.

Bigmj,

If you have the ear of CP can you please ask him where this update is? And why he's always cutting it so fine to tell us basic facts he said he'd get to us before we close?

I know there's two days to go but honestly...

Yeah, just a standard pre-cancellation notice from stock exchange. Nothing that we shouldn't have been expecting. It;s not telling us anything we didn't know.

I should clarify that the 'plan' is to 'relist on AIM in Q1 2019', but January keeps being bandied about as per phone conversations with LION that people have posted here.

Well they're not delisted yet but by the end of this week (specifically Nov 12th next Monday) they will be.

I'd just follow your broker's advice. They will probably e-mail you and let you know what to do or you could ask. The general view is the shares sit on your account until relist, or, if they're in an ISA, get moved to a taxable account you may hold with your broker. If you don't have a taxable account with your broker or you want your shares transferred into certificate form you need to also sort that out with your broker too, though the certificate should not be necessary if we are back and listed in January (that's the plan anyway!)

In the meantime you can check on investigate.co.uk for further RNSs (they won't come here I don't think) and also contact the company at Admin@lionsgold.com for advice. Good luck.

I think this chat forum is staying open though.

Nothing specific afaik. Just sometime in December, maybe mid-December as they were looking to reapply to list on AIM again after the AGM.

It would tie in with the allusions for a January relist as I presume it takes a few weeks to process an application to return through.

I'm just guessing, like everyone else really.

It's typical of LION to be last push up with stuff and although it's hardly been charge of the light brigade with so far newswise, I expect (I HOPE) we just get one longer update where they collate everything into an RNS and have done with it.

It really needs raising at the AGM just how poor this company's general comms to shareholders are though (barring the phone for conversation with CP, etc). And although there may be strategic and staff related reasons for that it really is unacceptable when there are lesser companies than this that try a lot harder to engage with their investors. It's not like we're asking for trade secrets. Just general updates.

This is LION, which means if the update comes it could any time up to 4.29 pm on November 9th!

And most likely 4.29 pm on November 9th.

They do however like to land RNSs during the day so...

Hehe, Potter, that jumped out at me too.

I just thought, naw, I'll stay quiet... ;)

Additionally, I check every day to see that he's still on the Railsbank BOD and is still very much under Team Railsbank, hopefully integrating our product. The recent tangible links to Railsbank directors is also a positive sign imo.

https://www.railsbank.com/about-us

Keep an eye on this link. If Nigel and Clive trust him then I think it says a lot imo until he disappears from that page.

The world is up shit creek with its collective finances and practically the only things you can trust are gold, silver and platinum.

To balance all this, although company comms to us have been pretty diabolical all year, it looks as if a great deal of work has been going on behind the scenes. Parry hasn't been sat there twiddling his thumbs.

It's absolutely in his interest as a businessman and a family man to make this work. He's going to lose so much more than his shirt if this bombs due to poor management. He will be finished, literally. He'll never work in the City again except in a backstreet pizza parlour.

I don't think filing trademarks comes fro free so and why do that as late as August in they're not planning to follow through with it? Why hire a London advertising agency if you are not serious?

No matter the venting on here I'm keeping a balance, until such a time we get clear signals all is lost because atm it's not lost imo.

It's annoying people (rightly so) that the lack of comms and last minute lil stuff continues to plague this company. But we should get chance to have a say at the AGM. To my mind, where Parry falls down is his laid back nature (too laid back at times) and utter lack of understanding of the jumpiness of AIM investors. In truth he probably thinks most people are traders, and in truth he'd be correct. He's seen LION go from nothing to 6p to 2.65p on the back of relentless trading. Shareholders, real investors, never stand a chance in this environment.

This is why I think in CP's eyes only the top shareholders get treated well and even they are probably in the dark most of the time.

But he still loses like we do if this goes south and atm this isn't a company going bust or having its books looked at (MYSQ).

Thanks for clarifying kitty.

From what I gather ii haven't always been the greatest broker on the planet over the years so that sort of wording from them doesn't surprise me. Although as I said there seems to be any number of muddled messages coming back from all our brokers.

And as much as H&L give the hard word upfront, I still believe they're adhering to the correct HMRC rules for ISAs, no more no less, and there shouldn't be a transfer fee from them anyway, especially when transferring into a H&L fund account already held with them. It's the potential share certificate that would cost extra. H&L hold about billions of pounds worth for clients and they're the go-to consultant any time the BBC News runs a financial update of significance so I'd expect them to know the law.

All we can do now is wait and keep our fingers crossed that the relist will indeed take place in January or sometime in Q1. Let's see if more warrants come filtering in before the end of the year and we get a decent update on the mines and fintech project before Nov 12th.

Think POSTI is owed an apology. I hope s/he doesn't feel s/he can't come back and post again.

I don't think POSTI is lying.

Someone posted the exact same response from ii earlier in the week but I would not pay too much heed to the words 'permanently delisted'. Ii knows no more than anyone else and all these brokers just seem to be putting their own slant/emphasis on it.

Deano, yes, I was personally leaning towards just letting H & L move them into the Fund account for free. Certificating will cost £25 and I'm not sure of the actual benefits of that so just wanted to throw the ball around.

I'm sure many people do hold various shares in certificate form. Assuming anything happens to the certificate, as long as your ID matches up with their details on the register I assume they can just issue another certificate in the case of fire, theft. Probably costs money per pop though.

Probably. There's gonna be little to see until this ratification, if it comes. And that could be another month away.

Still you never know, surprises happen.

But...now you're jumping to something else.

You asked about what Tiburn meant in relation to his comment about Bushveld. I can't speak for Tiburn but in his absence I feel pretty sure he wasn't saying that there was some 'direct' link to Bushveld, just that he recognises what he thinks is a similar opportunity with the growth that could potentially be achieved here.

Where did he say there was a 'direct relationship' to Bushveld? He's on drawing the analogy that he sold out of them too soon where he saw similar potential.

Read it again, slowly this time. Then do some research on this company and what it has.