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I think it unfair to put Aiming in the same category as Woody (or Reece). There’s a difference between between optimism and wilful delusion.

A trading update might have been used to explain why Liberia hasn’t started yet - or would that just have added too much awkwardness.

They’ll miss their own, Arden underpinned, EOY target by about 150%, because they’ve delivered NOTHING new and failed to start either of the MSC’s ‘signed’ nearly six months ago. They’ve probably raised more cash than revenue in the last 12 months. Expansion of scope is supposed to sweeten the pill.

Yet it was still a formality.

Like yet another local Re-organisation?

Why is the new head charger with implementing much the same as his outgoing number just (semi) signed a contract for.

Or do I miss something? Doesn’t sound like the basis for zero concerns.

Of most consistently, entirely wrong bull, goes to…

Me thinks.

No disrespect intended - but if you are only convinced enough of the investment case here - to risk 1% of your portfolio - there are a lot of other folk much keener to see success here than you ;-)

Reread that. I’m not having a dig.

In essence - you’re not surprised, I’m not surprised - even the Twitterati aren’t surprised. But Pete should be - or that RNS should have been more circumspect.

So shareholders have the right to be surprised, even if that’s a bit naive based on past performance. And an explanation is in order.

But PF’s suggestion/expectation, on the 21st June was that the contract provided for a start in September. There would be a provision of 90 days for the necessary prepping which would commence post ratification. So Ratification had to happen, to meet those time scales by July 1st. (Roughly, I can’t be bothered with the irrelevance of counting the exact date)

So Pete’s expectation, published to shareholders via RNS’ (with all of the frustration and experience that he has endured in Africa for nearly a decade) was ratification in about 10 days. Else the timeframes/provisions set out in the contract were nonsense. He repeated “days or weeks, not months” allegedly at the AGM to a poster here.

That was over four months ago - and ratification has yet to materialise. Nor is there an explanation. And RNS’s are held up as reliable!!

The other African contract semi- signed almost TWO YEARS ago, subject to just a local reshuffle, or such. Exact explanation is irrelevant because it was obviously bo((ocks). And there has since been no explanation on that either. Spot the difference.

Boots on the ground is intended to reassure, but without ratification they’re just kicking their heels, literally.

So Vander, you might not be surprised, I still think Christmas will come, and go - and we could if history is anything to go by be talking about this in March next year or beyond.

If Pete was 40 minutes late for a dinner date, I’d bet that being a reasonable gent, he’d call his host and alert them. Blame the cat or something.

He’s running a listed company, FOR US. He said the contract would start in September. That statement was unreliable.
It might be the cat’s fault (joke) - it doesn’t matter who’s fault it is. An explanation is OVERDUE.

I hope it happens. I don’t hold much anymore but feel for LTH’ers that do.

You said it yourself. Same paragraph. “If it comes”.

Market’ unconvinced - historical track record v’ poor.

If this was F1, and PF was a driver, he’d probably hold the record for DNF’s.

That the BoD (they are heavily invested themselves) are doing your investment a disservice- sell.

That’s *******s.

You started this by asking a question.

NOBODY has shared your concern - yet you bang on.

Paying £10’s of thousands for BTC doesn’t put investors off.

There is an argument that some II’s don’t want to by penny stocks, but I suspect they too do the maths and look at rev’s, MCAP and potential before they consider the resultant SP.

You asked a question.

You’ve got an answer

Nobody agrees with you. It’s your concern.

I can recommend lots of Crypto’s that are less than $0.001, if that’s how you calculate value??

What makes you sure of ‘clarity’ in December?

By ‘clarity’, do you mean ratification or an explanation of why it hasn’t happened?

‘ Next year’ has been the hope held here (once bulls are reconciled to another year of nothing) for nearly a decade.

‘Social climbing?

Still I suppose as an NED, one of his interests might be looking out for shareholder’s interests, so perhaps he might point out that when everybody last heard ratification need to happen July 1st (as should Liberia) and have commenced op’s in September. So (in the absence of any of that, or of the likelihood of meeting bold, repeated revenue targets) an update and explanation is a month overdue.

Where do you put the market cap (what P/e?) in the event of sales revenues materialising that comfortably cover OPEX and conservatives SAAS courtesy of existing clients, CropX growth, compounding SAAS out of Polaris and maybe DHL.

Buy a good dollop of stock, unless the poor devil has pitched up just too late and is closed out??!

I mean, he finds himself arriving inside a company poised on the inflexion precipice of an imminent transformational formality of zero concerns.

Fill your boots Graham.

I consider the £40k insignificant especially from a BoD confident in the “formality” of two MSC’s and that fantasy EOY rev’s prediction.

Concur, on all of that.

LMFAO