Member Info for kentan

10/02/2025 10:09:17 2,997,780 shares @ 4.40p (matches the "ask" at the time) = £131.90k ... so a late reported buy after hours.

Will this, including recent others, suddenly appear as a TR1 RNS for one of the "stakebuilders" in their quest to gain control ?

Savannah Resources have announced that they have suspended explorative drilling for samples on nearby tenements they currently do not own ( for expansion in the future) after a court injunction by the local community and environmental activists was served …. but they were given permission by the Portuguese Govt. before Xmas to carry out the surveys …. it happened the same before with the current mining site, it is the locals trying to negotiate a top price for their land and inconvenience, supported by ambulance chasing lawyers … it will come to nothing and they will be offered more in the long run. …. If it affects the price downwards, then it represents a buying opportunity.

Dr. Thomas Sawyer PhD, MBA (Chief Executive Officer)

Upon appointment, Dr Thomas Sawyer has been awarded 1,250,000 Stock Options. The Stock Options granted have a strike price of £0.12, a life to expiry of 5-years from date of grant and vest upon 12-months of service.

So, with the current share price around £0.07 he is seriously "underwater" and the incentive deal offered to him to be non-executive CEO of SCGL at this striking price does not look that attractive at the moment.

Will he be asking the BOD for a review and revised strike price in line with the current SP?

Sure Ventures plc (SURE) are in the business to accumalate wealth for themselves and invest it by rolling it over in new ventures .... I am in MFAI and happy to be in here as one of their spin-offs, it is impossible for me to buy SURE as their float is too small and restricted to matched deals.

It would be a surprise to me if a special dividend were announced, but you never know, pigs might fly.

The burgeoning AI market is all the rage, so I think they would be seriously looking to put any surplus funds into AI start-ups and reap the expected high returns ... they will not get off the trail while it is still warm.

Oldsharedog ... I am a bit further away in Juan Les Pins, near Antibes, (Port Vauban) ... from a youngsharedog Lol!

Good morning, I am up bright and early in The South of France, we are 1 hour ahead. Nice little RNS for MFAI to kick off the day, should spur another round of buying.

I am deep into SAV ... expect to see £2.5m before I snuff it ... one day another SCGL will give me a heart attack ...Lol!

£7,500 buy was mine, topped up on earlier £5k buy ... now holding just over 1m shares ... averaged at 1.23p ... target 3.69p = £25k profit (or more, but can't be greedy) ... playing with big profit from SCGL so all good.

1.17p now with big spread ... always the same when a share has gone up higher on the day

"shalom"

Ha Ha,

But "like father, like son" is an adage the Jewish community say a lot, "nothing ventured, nothing gained" is another..... Money doesn't grow on trees, but those lucky enough to have plenty, should share it around.

I am beginning to sound like a Rabbi .... a "moshel moshelim" (teacher of wisdom).

I think his (and their) father, Naim, would approve of his son(s) investing in stocks like TEK who are at the forefront of spreading modern technology throughout the world, closely allied to AI, it is still in its infancy, its future is vast.

He would be proud to invest himself in ventures that encompass health and education, the rewards make for a better world.

Here, endeth the lesson. Amen.

Seeing the RNS today I thought it might be wise to do a bit of digging on Elie Basil Victor DANGOOR at Companies House.

He is invested in many property companies according to his current portfolio, but 1 company caught my attention as it is dormant since its inception on 28th July 2021, EF Nominees Ltd and is owned by what seems to be 3 brothers (by age) in an equal 33% shareholding, namely:

David Alan DANGOOR, (dob: December 1948, 76yrs)

Michael Arthur Jonathan DANGOOR, (dob: September 1951)

Elie Basil Victor DANGOOR, (dob: March 1959, 65yrs)

The Dangoors are a well-known wealthy Jewish philanthropist family, dating back to their late father Sir Naim Dangoor who was knighted for his generous support to a range of health, educational and religious charities and lived until he was 101 in 2015.

So, from today's RNS it seems that Elie is stakebuilding in TEK with a holding now worth around £2m for 9% and it gives confidence that if a financially shrewd investor such as him is keen to re-invest at 9.75p with a placing there has to be some substance for the future growth and profitability of their enterprises.

AMG invested in SAV to protect the interests of the German car manufacturers for future lithium car battery supplies, with German Govt backing. .... Portuguese factions want to safeguard their position, so mopping up stock to stake build, again with probable Portuguese Govt support .... Al Marjan holding all the cards with their substantial holding, protecting their long-term investment .... RTZ watching from the wings, ready to pounce and take it over once this goes into production.

They will all be winners, just a matter of time.

This is not intended to be a deramp, just my own personal opinion as a substantial long-term holder who's patience has been stretched in the past, with many false dawns ... the picture is getting much clearer now, a shame that David Archer (RIP) did not live long enough to benefit from his vision and benefit.

Here is a picture of Dr Thomas Sawyar and some more background of the new CEO:

https://www.cantabio.com/about/management-team.html

He is a director and COO of this company and it says he specialises in Mergers & Aquisitions (M&A) amongst other things ... so he looks well placed to take SCGL forward.

Good work soulac identifying the companies that the former CEO Mr Chung Lam Nelson Law is connected to ... I can add another, registered at Companies House, EPURSE UK LTD which is currently active. This is very significant as the address for it is shown as Orpington, UK, but Mr Law resides in Hong Kong with a London post box address. Another director Geoffrey John Griggs appears to be their accountant and lives in Orpington. I seem to remember Epurse being set up to facilitate payments in the Far East for e-commerce deals by Sealand Capital Galaxy.

I haven't found any confirmed business links to the person of high net worth, Mr. Cheuk Lun Ng, who is also a Chinese National providing the £3m contingency and getting a very profitable return for doing so. I also seem to remember Canada being mentioned somewhere. .... If you can dig up anything on him it could help clarify who is involved.

Sailor, I sold via a stop loss to crystalize a large profit. I believe the current share price is not supported by the fundamentals as posted by myself and Lot-M.

Once the direction of SCGL and the information to support it are clear and there is a substance to the company I may get back in .... meanwhile, I am investing my lucky gains elsewhere in company's and investment vehicles which are profitable for me and safer.

As we have pointed out, the information out there at the moment is unreliable and in most cases wrong.

If you invest at the top of the market you are more likely to get burnt .... if it carries on going up, good luck to all those invested ... remember, balloons fly high, but inevitably get burst.

Thank you Soulac ... he also invested £900k of his own money to support SCGL when it was flagging a few years ago, his increased shareholding has never been updated on LSE.

In the last published year end accounts, he is listed as the main creditor with around £850k but that had increased to nearer £940k at the last count.

He stepped down as CEO and was replaced by his daughter, but he still retained his position of "someone of significant control" with his shareholding.

Remember, this company is registered in The Cayman Islands so the regulation is somewhat limited ... Investors beware!

Thank you LOT-M13, I agree 100% with you it makes no sense. Your detailed synopsis is much clearer than mine.

Also, take into account that Evoo AI's platform for promoting and moneytising an income, their "Onion" e-commerce site still has to be finalised and underway (early 2025?) ... so there is nothing in place of substance at the moment.

I made a substantial amount by being invested here, the attraction was SCGL's main market listing (not AIM) that I presumed would be ideal for a similar company (predator) to combine with them and Evoo AI fits the bill perfectly, at current market predictions and valuations it does not add up.

To date, there has been no update on share information sites that 111million shares were added to the market for SCGL for the conditional guarantee by a Chinese person of high net worth (not Mr Chung Lam Law, but could be a relative) in consideration of £3m for a price of 0.015p, costing him £166,000 on 10th January 2025 ... they are now worth £11.1million at a bid price of 10p per share, it more than covers his exposure.

An addition of shares exceeding 15% from circa 724m to 835m would normally result in a dilution of the share price accordingly ... so the figures being quoted as to the MCap are completely wrong and the shareholder registers omit to update the true picture.

The RNS stating the terms and the additional shares admitted to the market on 10th January 2025:

https://www.lse.co.uk/rns/SCGL/conditional-issue-of-equity-and-issue-of-cln-gqo1fc08fbgovv2.html

Precisely Manbearpig01, l have just looked at the website and timeline for Bacanora Lithium in Mexico ... it bears a very similar pattern to what seems to be happening with Savannah Resources in Portugal.

In their case, Bacanora were being stalked by the massive Chinese lithium producer, refiner and battery maker Ganfeng LIthium. Over a period of time they acquired control and now Bacanora Lithium plc is a wholly owned subsidiary of Ganfeng Lithium plc'

Worth looking at:

https://bacanoralithium.com/about/company_history.aspx

https://bacanoralithium.com/sonora_lithium_project/default.aspx