Member Info for Jackbal

Guess they don’t want anyone to know that you n case it weakens neg. Position (if they actually have any neg.)

Trading Updateeve has now essentially completed the three year rebuild strategy, aimed at positioning the business for sustained growth across all of its geographic and product markets. This was built on a planned 10% year-on-year UK&I revenue growth in 2022 with our direct to consumer business performing well ahead of this. eve continues to outperform a market which is estimated for the first four months of 2022 to be down 29% year-on-year in the UK (source: IMRG Capgemini) and down 37% year-on-year in France (source: FEVAD). Over the five months to 29 May and against challenging year-on-year comparatives, eve’s direct to consumer sales orders in the UK&I are down 15% and down 3% in France. Good progress continues on the business fundamentals. The retail partnership with DFS, which initially launched in March solely on the dfs.co.uk website, has been extended to cover some of the store estate and with an increased product range. In May, eve launched its new CBD sub-brand ‘Well Slept’ with its own website. The plan to enable selling into the Belgium market is on track to complete this month. Trading is benefitting from the C4 sponsorship, which runs for 12 months from April 2022 on ‘late nights on 4.’ As a result of this recent progress, sales orders for the direct to consumer business for the last three weeks have grown 2% in the UK year-on-year, and 40% in France. At the Group level, eve has achieved year-on-year sales growth in each of the last three weeks. However, eve is, like all direct to consumer businesses, exposed to ongoing weaknesses in the economy, declining consumer confidence and rising inflation, both in the wider consumer landscape and in input prices. These headwinds are slowing eve’s progress toward its strategic and financial goals. Based on the first five months of trading, and its expectation that the cost of living crisis is set to continue for some time, the Board does not now expect to meet its previous revenue expectations for the current year, with additional promotional activity also having an impact on gross margins. This will have a consequential impact on the Company's anticipated cash balances as the year progresses

The TU was already released in the FSP Rns..

Bhargav i think the plan is sell the mushroom and re-invest into the carrots.
OMI will not be bought out, if Colombian assets sold he will re-invest into his other JV’s.
He is correct when he says the JV’s prevent a silly bid for OMI, they prevent a pure bid outright imo..

I remember cawkwell talking about a bid of 40p min, before arg and Brazil assets went into the pfolio. Haven’t heard him talk about a bid since, happy to be corrected

Think it touches down around .10-.12 kutzz. Up here not that attractive for traders due to .25 warrant wall

If you are driving fast approaching a wall you slow down or take a different route to avoid disaster.
Without cash from legacy what the fxxx did he think would happen?

If he hadn’t tried to repeatedly claim “success” and dealt with reality things might have been different, he’s not even effective at blagging it.

Bonanza grades??? Come on Tim, I’d like you to address the failings and suggest remedies. If your just going to bury your head in the sand then do us a favour and FO off the wage bill.

BOD stated themselves that early stage explo usually doesn’t move value up much yet they spent most of the money on exactly that. The rest they wasted.

“IF” it isn’t a lifestyle co. It’s done a fine impression of one.
However Im going to add around .10-.12 if/when we see it as even a piece of crap can be undervalued and I would like the trading volatility off .1

If I can buy low teens/sell low .20’s and get some free stock as a result rather cash profit I will.

This is just a thing to gamble on, until they can generate cash without a placing has to be regarded as univestable.

The gambler in me says buy .10-.12, the cynic says “if the couldn’t create value with 4 million what’s 400k going to do?v”

The gambler will have the final say tho as the risk is SO high the reward could be insane

Doing his best! He’s not 5 years old coming 3rd in sports day! he’s a fully grown man whose been given 40 million bucks to spend.
Have you ever calculated what he’s spent on stock compared to the salary he’s taken?

TM was the kid who was never told the story about the boy who cried wolf

That’s why I was so pxssed about the options and fact you weren’t even able to register protest votes.
Means he has no need to risk his own funds, what’s the point of risking real money when you can create options that are in the money above 13 with no risk.

I’m guessing nobody else contacted nomad and that’s why AIM rolls on the way it does…

We all have a moan and then get to the point where you realise you’ve been very silly and just can’t be arsed.

This will do 5-6 range I’m pretty sure and stay low until 2nd phase is 100% confirmed.

I’m willing to try again and attempt to average down if it goes there with a gamblers mindset, I understand that others will wait until phase 2 is confirmed to offset risk but I will have to avg down if 5/6. My logic is would be no point me holding a 17 avg if I’m not willing to buy at a third of that price.

Got caught up in this before the JV’s and before the options and voting. Didn’t like what I saw and now will try and trade out of it min. 20p this year more hopeful than confident of seeing 25 this year now.

Fair enough if you intend to stay with this for years but I’ve seen enough of Brad not to to trust him with the sale of assets and I trust him even less to pay cash out to holders with his new projects ongoing.

If holders couldn’t vote against options how would they have any say in assets disposal/cash in bank?

“Don’t think your going to need that stick”

Kutzz man comedy gold!

But you would have to apply a massive discount in absence of a construction permit.
That piece of paper unlocks the treasure trove, not assays or BFS. Banks surely not going to loan without the permit already in place

Think they are deluding holders again on elephant oil.
Unless they have a specific buyer who will take it off their hands the junior Nasdaq liquidity would not allow for an orderly exit “if” it floats.
Extremely unlikely you could offload that much stock without collapsing SP, not enough liquidity.
If it floats it’s kind of irrelevant if you can’t liquidate position.
But Bob would or at least should know this sort of thing.
Same old “let’s try and tell the market what it wants to hear to distract from our ineptitude even if facts get in the way of the story we will spin”

My biggest hope for this is that TL can somehow persuade his fellow bod at MTL to spread some explo budget to ORR. Mtl has much debt but serious cash flow and it’s due to pay off the worst part of its loans in Q4 when it’s rate drops quite a lot. It will have more free cash flow and could be a good match as a partner.

Let’s hope TL is using his influence over there to get us out of the dire straits he’s put us in.

We have a CFO who can’t add single digits together:
When he joined mcap was 2 million.
They spent 4 million
Market cap now 4 million.
I think 2+4 is 6 but Bob clearly struggles with these maths.

The bare face cheek of telling a holder Chatroom posters don’t understand that he is building market cap when firstly he actually isn’t and secondly he struggles with pre-school maths

A pearl of Bobs wisdom for us to enjoy as he just issued stock on a 4 million mcap:

It’s important to note that our market cap is building – this is often ignored by the posters in the chat rooms, who complain about ‘dilution’, without understanding that what we are actually doing is ‘building assets’.

Building assets that he valued at 4 million today after spending more than 4 million on developing them

Kutzz prob a big flip sell being worked between a placee and a MM which due to size will be reported late.
If I could buy a share at .18 and immediately sell at .18 or above and end up with a free warrant with 3 year lifespan I would. Get your cash back so no risk and anything above .25 in the money

That’s the trade to do right now if available to you imo

So far that’s 4 of us. It’s probably enough for the matter to be taken seriously.
If I was the nomad I would want it quickly answered before more holders jump on the bandwagon..

Sian, Bhargav and Webbs, do you mind e-mailing the nomad to confirm your details & votes against?

If you could confirm on here if you have done it I will speak to Nomad again to further a real issue not just the ramblings of a disgruntled individual.

It’s surprising that more long term holders don’t want to issue Brad a ticket. No point complaining in the future if even more damage is done through absence of governance.

If one of the majors ever makes a bid for the Colombian assets Omi holders would need full disclosure on what they are agreeing to sell.

Good luck holding long term, you will need it if you are trusting Brad to simply do the right thing given last 12 months here.

Sian,
Thanks for response. It just requires enough of us that voted against to advise nomad of the perceived irregularities and they will have to look into it and give us a view.

It’s not as if governance isn’t a concern here going on form guide

So if he needs instis he needs cash…
Cash to develop the “free hits”, see where I’m going with this!

Wonder if she’s still accommodating the drinks trolley on Fri pm?
Those drinks were coming out of shareholders funds!

Bhargav it seems odd to come halfway across the world to a meeting that hardly anyone will attend. Why bother doing that? TP raising? Price action would make sense in that context. Holding back news to entice or welcome new holders? The whole delay for a simple Brazil update seems odd.

If anyone is interested the nomad will look into the voting but I think it needs more voice to be taken seriously.

Is anyone else who had their votes ignored or interested in pursuing it?
On my own I prob just look like an embittered fruit cake!