Member Info for Harrogate4

Have heard back from the mainland FCA and any concerns about compliance with the AIM rules should be sent to ---------- aimregulation@londonstockexchange.com

Dogstar, ----- and with all those legal advisors they may even be complying with all the AIM Rules but , as in the old Scottish phrase "A hae ma doots."

Just to confirm, I have now emailed all of the bodies listed in my posts of 12th Jan including the Editor at This is Money ( the e mail address of which is editor@thisismoney.co.uk by the way and not with the comma wrongly added before).

My experience with these type of organizations is that what spurs them into action is the volume of complaints received so it would be good if more "No" voters on here could do the same. All suggestions for other or better e mail contacts for our concerns are welcome regarding this shabby episode.

Maddogmcree, yes you would think there would be a conflict of interest with Ketan Patel being involved, I don't know for sure as strange things seem to be allowed in AIM world, but it might as well be added to our (expanding) list of concerns when we air them to the appropriate authorities and the Press or Media.

No I am not in Harrogate that was just randomly picked for registration purposes but am sure it is very nice there.

NFNICK I would have thought individual emails are the best as if they get a whole lot of e mails that are identical, the natural tendency might be to ignore them. I might be wrong but that is my feeling. It's dead easy though so I wouldn't be put off by your "paygrade" as you say.

It's simple to get over the main thrust which is we think this may be a rip off of the shareholders and is a case of the Patels trying to buy the company on the cheap. The other important point that you may want to put is that the BOD amazingly now think this 13.5p offer represents a fair and reasonable deal for shareholders, whereas a month or two ago they and the CEO were telling us ( via RNS) that everything in the garden was fantastic and so were the company prospects. Hope this helps.

And another one that springs to mind is Simon Lambert the Editor at the Daily Mail's "This is Money" who apparently wants to hear about any share problems or concerns about bad service and requires a "Clear Subject Line and only a Brief Summary of the problem".

His e mail address is ----- editor@thisismoney,co.uk

-----As we while away the hours and days and weeks of the tedious auto pilot, horizontal 12.9/13.1p SP movement of SHG, might it be a good idea to raise our concerns ( about the Patel 13.5p offer) with various bodies such as:

1 The Financial Ombudsman Service-- e mail address---- complaint.info@financial-ombudsman.org.uk.

2 Financial Conduct Authority ------e mail address ----firm.queries@fca.org.uk

3 Guernsey Financial Services Commission ---e mail address--- conduct@gfsc.gg

4 Channel Islands Financial Ombudsman ----e mail address ----enquiries@ci-fo.org

I am doing this with all of the above and the more of us that do it the better, as it then gets the association of Shanta Gold and Shady dealings into the minds of various organizations who are supposed to look after our interests. I add a simple explanation of my concerns in the email which are:

1 Recommended Cash Acquisition (RCA) of 20th Dec 23 sprung on us with no forewarning just before Christmas.

2 RCA is said by the BOD to "represent a fair and reasonable deal for shareholders".

3 RCA is a complete volte-face from BOD and CEO's RNS'd views expressed immediately prior to 20th December 23 where everything was fine and prospects were great.

4 There are potential breaches of AIM Rules 11 and 26 which deal with disclosure of price sensitive information regarding the expectation of company performance, the company's financial condition and the disclosure and transparency duties of the BOD.

We need something!

The Publican 777---Noticed there has been Radio Silence from all the POIs (Persons of Interest) since the debacle. Probably now time to get the drains up to see what's going on underneath the slime.

Happy New Year to all shareholders.

HarChris, that's what I meant in my Bad Cop versus Slightly less bad cop analysis of 27th December at 21.46.

Presume you missed out the word "believe"

-- and we have had time to absorb, with distaste, the derisory Patel 13.5p offer ( the 50% off Sale of the century), the 35 plus RNSs about Forms 8.3 and 8.5 while awaiting some realistic valuations from others.

The senior people are back in their offices so progress can hopefully begin.

Given the recent RNS'd comments by Zurrin (2nd Nov 23) ---"the drilling results at WK demonstrate that this project has the potential to become one of Africa's next quality, high grade gold mines" and also on 20th Sept 23--- "We are very confident in the multiple growth opportunities that exist across the portfolio of Shanta" it is difficult to fathom the cause of Zurrin's Damascene volte-face. This is particularly so given the favourable and rising Au price, good production updates and excellent WK prospects.

If Zurrin and co now think 13.5p per share represents a fair and reasonable deal for shareholders, what happened to change their minds and why weren't we told?

--------that Avacta will "launch" themselves and their Precision and Affimer platforms, to the USA and the rest of the world, either at the J P Morgan Healthcare conference ( San Francisco 8-11th Jan24) or at the AACR (San Diego 5-10th April24).

This would all tie in with the very strong USA connections evidenced by Orphan Drug Designation, FDA approvals and possible fast tracking, the MSK trials and the Dr Tap association, the Dr Christina Coughlin engagement, the Fred Hutch trials together with the ICR Consilium Stateside connections etc.

Noted that Tony Blair is down as a keynote speaker at the J P Morgan conference which sits happily ( in my view) with AS's distrust of the current HMG, its associated corruption, cronyism and shabby treatment of UK Life Science companies during the Covid crisis.

Perhaps therefore we have about 12 weeks max to wait for a significant rerate of the SP, but it could be earlier.

Yes G_G_G, I sort of agree with your analysis, and in addition the BOD of Shanta will have to avoid potential breaches of AIM rules concerning general disclosure of price sensitive information, as they have duties regarding any new company developments which are not public knowledge concerning changes in ( inter alia) the company's financial condition or the expectation of company performance ( Rule 11).

Under Rule 26, dealing with disclosure and transparency and the responsibilities of board members, the general principle is for the company to establish a strategy and group model which promotes long term value for shareholders.

Plenty of ammunition for an aggressive corporate barrister to get their teeth into I would have thought.

Donkeyeeore --very much agree with your bleak assessment of HMG, corrupt, inept and now primarily focused on trying to save their own positions. The way ahead here is clearly USA based and the sooner the better.

Have been thinking about the possible reasoning for these shenanigans foisted onto us Shanta shareholders just before Christmas, and wonder if we are seeing a corporate version of the old bad cop versus slightly less bad cop routine, delivered as a means of achieving off loading of Shanta Gold.

Firstly the company gives us its very disappointing and disheartening Recommended Cash Acquisition RNS with the 13.5 pence/share offer, and makes it worse by adding that they think it constitutes a fair and reasonable deal for shareholders.

This offer naturally alarms long term holders here who think they are about to be cheated after years of loyalty, given the golden uplands are very nearly with us, particularly given the gold price rising and predicted to climb higher.

After a week or two of the SHG SP being on auto pilot and travelling eastwards (horizontal), I suspect we can anticipate a flying visit( hot off the plane from Mauritius) from the not quite so bad cop (let's call him Mr Saturn Bidco Patel) who will add another penny or two to the 13.5 pence offer such that LTHs feel slightly more at ease and may be tempted to accept the offer.

To be charitable to the BOD at Shanta, it could be that they are aware of geopolitical/jurisdictional issues which would favour an early buyout deal that we shareholders are simply not privy to.

Hounddog10--thanks for the information.

What with highly leveraged buyouts ( or as I prefer to call it --lots of debt involved), companies recently incorporated in Mauritius, and this dodgy scheme rushed out before Christmas, I would expect SHG shareholder joy will only be complete when we learn that the SNP are involved heavily in Project Neptune. I wonder how operation Branchform launched by the Scottish Police some two and a half years ago is going. It must be the longest Police enquiry ever.

Project Neptune seems to be something about supply of Ferries in Scotland unless I am mistaken.

Is there any relevance of this to SHG? Please elaborate if there is.

---and best wishes to all on this board, to all at Avacta and all of the patients on Avacta hospital trials both in the UK and USA.

Let's hope 2024 brings us some good news, great publicity and some boosting of the SP, achieved, of course, by just getting on with it, and great communications with shareholders.

The Publican 777--good work, however you have my details wrong on your list at 18.00 --you have me as Horogate 4 with 14,000 shares whereas I am Harrogate 4 with 514,000 shares as in my post today at 15.40.