Member Info for Doc83

The day I sell this will be the day before it 10x bags.

HE1 suffering today. Dawning on them just how expensive it is to develop such a business. We could well be in the same boat but I’m hoping to see some kind of spike first.

We’ve had 5 operational updates and a presentation with hopefully plenty more to come. For MB and MATD, that’s a lot!

Gampy, wrong. It can never be later than 30th June.

“Funnily enough, after exchanging messages with certain people on telegram and hearing who the Doc actually is, all adds up”

This should be fun! Go on then, do tell 😂

Johnno!!! Oi Oi Oi!

Year end date was 31st December 2023. So 30th June was the deadline.

It has to be no later than 6 months after year end date or no later than 15 months after the previous AGM, whichever is sooner.

"How many do you think he/her/they have dumped over the past 3-4 weeks?"

10's of millions. And another 3 x £10k worth dropped at the bell.

COPL absolutely a good example of what can happen. Corrupt as hell, we know Mongolia is, too. Positive, yes. But high risk still.

We'd usually have the interim 2024 results this month. And here we are, still no chance to discuss 2023's. *face palm*

MrCosts - they are in breach of the Companies Act 2006:

"583. This section replaces section 366 of the 1985 Act but will apply only to public companies since private companies are no longer to be required to hold an AGM. Where section 366 required an AGM to be held each year and not more than 15 months after the previous AGM, a public company will now be required to hold an AGM within 6 months of its financial year-end. This new requirement is intended to ensure that shareholders have a more timely opportunity to hold the directors of a public company to account."

"The act sets out the rules and regulations for how these businesses are to be run, including important matters such as director' duties, shareholder rights and company meetings..."

"Failing to hold an Annual General Meeting - UK companies must hold an AGM each year. At this meeting, the company's directors must present the annual accounts and report on the company's performance over the past year."

"What happens if you are found guilty of breaching the act?... Depending on the severity of the offence, there are a range of penalties... these can include anything from a simple fine to a prison sentence." "The court may also order the company be wound up."

It also says directors can be disqualified.

It's serious stuff. Which is why a tiny bit of me still agrees with the comments below about Simon Shaw and Co, would they really risk all this? But equally, I'm adamant you can't just delay an AGM until good news comes along, otherwise you are in breach of the above!

A few more half decent-sized buys and our seller should then offload a few more 500k blocks ;)

Proquo, these boards can be fun, but can also be a bit of a slog. If MATD can give me 10p+, I might have an extended break myself!

PMJH, completely agree it would go down like a lead balloon, and I think it is the reason they are delaying the AGM. But that doesn't mean it is right!

I just hope for my friends that are still here invested, that this comes good. And who knows, if there is really good news and the SP only moves up a fractionally, I might well come back.

PMJH, the rules are very clear and all on companies house.

I appreciate it is your opinion as to what the delay might be caused by. I was merely stating that by effectively delaying an AGM until you have a plan or better news is not a valid reason!

"IMO it is likely the date of the AGM is intrinsically linked to the finalisation of the plan"

Which is not a valid reason to have delayed the AGM and should be a punishable offence.

"If anyone has been here as long as me, they will remember..."

Proquo, were you here before under a different name?

The nice thing is that we know we'll almost certainly be getting the interim results and an operational update this month, so not long to wait. From master82's satellite images, they seem to be going gangbusters.

Hamm - what happened to 10-15p with LP?

Our seller got bored of waiting for some buys to sell into and has had to hit the SP instead.

PMJH, I'll admit, at the last AGM when they looked me in the eyes and said they were preparing to commence multiple trials, I also assumed it was all a goer.

Any thoughts on why the delayed/no AGM?

PMJH, you take the meaning of glass half full to a whole new level!!!