Member Info for Foxhill

Comms are ALWAYS reassuring. Means nothing. Market unconvinced that this is any different to all those failed opportunities that lapsed into Bumbly Towers long grass.

I gather Liberia (due July 1st) is also yet to kick off.

TC couldn’t bring himself to saying yes or no. :-)

That’s why I asked him to stick to yes or no. Eliminates usual PR evasion hopefully.

Nice guy - and let’s be honest his job has always amounted to field and evade.

I’ve dropped TC a list of seven questions that just need yes/no answers. :-)

Nomad - yeah, right. LMAO. (I’m having a fun day)

Wasn’t this DRC described as near term at the end of last year? Happy to be corrected.

Is Maccers still chatting to his “soon” journalists (that presumably haven’t published anything worth sharing) and consulting his “sprinkles”. LMAO.

‘All wishful bo((ocks.

“A formality” in “days or weeks” is four months overdue.

This DRC opportunity, boots or not, looks like heading the same way at the last African lost cause. If it’s different, explain away. Silence on the last one, silence on this.

The next TU will be an interesting read. Contract, no. Targets no. Meaningful explanation, no.

Has Liberia started?? Or is it two MSC’s in cryo’

If there was a perfectly reasonable explanation for the delay in ratification, then surely our illustrious leaders, of reliance, integrity, quality and trust, in G&T’s eyes at least, would have updated it’s valued shareholders, at the end of September, when WSG’s previous timescales weren’t met.

As of old, the SP slips, Pete bunkers down, silence prevails.

There is evidently no appetite for shares at this level from buyers, mm’s or twitterati - who’ll simultaneously tell you that they are ridiculously cheap…

That someone flying in from DRC was an essential component of the ratification process. I suspect it’s not.

When did TA ever work on AiM stocks? Wasn’t a bullish move thru 100 day recently. Came to bugger all. TA’ers looking for 6.04 to hold to chase 7’s - and it couldn’t hold 5.04!! All bo((ocks in AIM.

I think a fair few folk are starting to take that position (walking away) now that Pete’s published contract provisions look to have gone out the widow.

Still, an RNS next week would go down nicely.

‘Nothing in October and the SP will be down nicely.

I also imagine that most folk at senior levels of the various, seemingly interlaced admin, ‘structure’ in DRC - also suffer with diabetes, given the volume of sweeteners required to ‘lubricate’ the system.

The Airport Authority contract was reported to us immediately - then Pete needed ratification in a fortnight - which with 90 days to prep took him to the last days of sept’. Given his experience in Africa thus far - a Government responding to something this significant in a fortnight was naive bordering ridiculous.

If I’ve got that right, usual correction welcome caveats apply, it’s only taken seven times longer than anticipated.

I suspect you flatter.

I stand to be corrected, but I’m not aware that we’ve been told WHEN the contract with the Airport Authority was signed.

WSG gleefully announced the Queen’s Award on 29th of April. On the grounds that they’ve done nothing else to warrant this - I speculate that DRC was signed and ratification began before that. As you suggest, I sure Pete wanted ratification done before the AGM. ‘Didn’t happen.

I accept that my theory falls on the 90 day/Sept start. But I haven’t seen the contract. IF the contract was actually announced punctually, then it follows that the Queens award came BEFORE the contract it (presumably) celebrates.

All speculation. What undeniable is that this DRC project bears all the hallmark of fluffed projects from the past.

Iran took years to reach a point where it was signed, conveniently subject to exchange of board letters and within hours, Trump scuppered it. What are the chances?
Of course, if Pete had exercised the same “a few months here or there” policy, and just waited to close it properly, we’ve never learned that it was semi-signed.

When was the deadline for the CULN’s to be repaid??

What was the date for the AGM?

When were the two ‘contracts’ get announced?

Coincidence?

Have either started?

The DRC is a ‘conditional’ contract the terms of which (90 days and Sept start) have been completely disregarded by the Government. The program set out is three months overdue. Quite why PF is spending money pre-ratification is beyond me. I don’t see this as any more likely to close than his last semi-signed African folly that still awaits (in silence) re-organisation. That’s nearing two years ago, I believe.

I think in light of what was set out in previous RNS’s, PF needs to explain the (“days or weeks”) disparity between his previous assertion and the failure (by whatever party)to adhere to those.

More excellent BoD support at refreshing premium against close. Lokies POC trundles on at Corp’ speed. No surprises there.

That premium suggests that it’s going well, or another project is close to materialising.

Q4 now though and nothing RNS worthy from those pre Covid legacy projects that were ‘on the table’ and going to bring a great year for the company.

Ongoing ‘Corp speed’ anticipated.

I’d have thought that investors should feel that they can rely on company output. What do you use? Tarrot?

Then there’s no merit in reading RNS’s - or believing in the prevailing narrative.

They, deserve more respect. They virtually everyone here currently) are sitting on varying losses. The most patient/committed/locked/genuine LTH are the biggest losers. They are the same as you. They believed Fowler.

They lost money - because he failed to deliver, annually.

Your wisdom in hindsight is smug bordering disrespectful.

There are some here, probably, who wouldn’t feel compelled to applaud Pete if this hit 75p.

There are those, if not lying through their teeth, that need 20p to 30p just get their money back on historic purchases, that they, like you at your entry, once confidently made.

Pete’s various nicknames are borne of nearly a decade of slaughtering shareholder value, through failure and dilution. Hence the contempt that often surfaces and the markets evident, ongoing disbelief.

…and until such time as he signs something significant, without a subsequent dump of more cheap stock which’ll simply curb a rise and the ‘traders’ that he so loathes, it’s not a loop - it’s a continuum.

PS

The smart money is those still unconvinced that this is near term or bottomed - and ALL of those currently on board (aside from 4p placees) aren’t smart. And despite PF’s assurances Mr & Mrs Smart aren’t interested in buying at c5p.