Member Info for mimbrit

It’s actually investEgate.co.uk - flaming auto correct…

RNSs - try Investigate.co.uk - you can set up email alerts.

Any UK online brokers dealing in Copper 360 or JSE in general please?

Could DC twist an arm or two please?

Thanks, Searcher.

Love the way it says “we must start coal production within the next two years”, then “If these proposals are approved at the highest level, coal extraction will commence within the next three years”

Decisions, decisions…

TD - is that blank verse?

(can’t see what the response was for all the green!)

I believe this is Broadridge in the US.

My personal experiences dealing with them over my late mother’s holdings were a nightmare; it does not surprise me that the handling of this was shambolic and it should be looked into.

Of course it may be that only HL used them, so perhaps not materially altering the outcome, but it would be worth the Panel establishing how many HL votes against the Scheme were actually registered compared with the polling on here (although that number is not reliable either).

Message to HL

There are serious misgivings about the conduct of this vote.

Bidco (Saturn Resources) said by RNS we would not have to vote again. Hargreaves Lansdown, together with Broadridge have issued several subsequent votes for Court, OGM and EGMs and subsequent confusing alterations and retractions.

If this takeover bid succeeds, objecting shareholders will undoubtedly question whether their votes have been registered correctly.

My own personal experience with Broadridge suggests this process is unsafe.

All green and peaceful here.

Another advantage is that you get more messages on your screen.

The late notice from HL contradicts Saturn’s RNS of 19th March and ought to render the vote null and void.

Not holding my breath for a reply to my third email to the Court…

Email to sfo

I should like to bring to your attention what look like very shady dealings by a Mauritian company attempting to take over an AIM London listed company on the (exceedingly) cheap.

I am told that communications to the Court in Jersey presiding over the voting on the matter are routinely ignored and, after all, they are merely counting votes on the scheme and not judging the merits of it. However it is surprising if they are not concerned about what looks like manipulation of those votes.

I trust that you would be interested in looking further into the matter and would be pleased to provide further detail of what appears to be questionable behaviour by the bidding company along with insider(s) in the company.

PS I am not going to bother with Action Fraud as I recently raised a clear cut case with them but withholding the most obvious piece of evidence (the bank account details) and have not even had a request to provide those.

Email to the court

Further to my email of 18th March, many private investors are confused by a new vote on an EGM of Shanta Gold.

The company stated quite clearly by RNS that our original votes would stand yet brokers (many without notice to their clients) have made 3 or 4 different votes available stating with each new one that our vote has NOT been registered.

As many private investors (who account for 21% or more of the shares in the company) will not have had notice of the latest (different) vote, there is the potential for a distortion of the numbers voting against the inadequately increased offer by Saturn. It's also a little cynical of the company to extend the short voting period when that extension largely comprises a major public holiday.

My personal opinion is that the vote should be postponed to a later date and that shareholders should be made fully aware that their original and/or later voting intentions will both be counted; this will also provide time for the company, which has hitherto been silent, to announce important pending news and results which evidently would impact the share price artificially frozen by the pending offer.

How can someone paid £450k p.a. be allowed to preside over such a debacle?

Well done, you seem to have perked their interest; I received a more generic response, we don’t discuss individual cases, confidentiality blah blah…

The link “view shareholder meetings” does not work correctly in a linked account; it takes you back to the SHG holding(s) in your main account. There is no warning of this, or that you can’t vote a linked account’s shares.

You need to log out and log in directly to the linked account to be able to vote those shares.

Hope this helps bag a few more no votes (like her’s indoors).

“ At Shanta Gold, we are focused on maximising value for all our shareholders. We implement a rigourous strategy that is focused on net present value (NPV) whilst ensuring continuity and consistency through sustainable and responsible mining.‘

Eric, knowing current performance and non-hedged PoG, could you give us NPV please?

I’ve done just that Harrogate, along with a complaint about the lack of transparency from the company, the lack of expected good news, the ‘related party’ aspect (much frowned upon in the City), and the hike in the PoG making this offer wholly unfair to LTHs.

It looks very clear that HL has not advised holders of the requirement to vote again either with a corporate action signal or by secure message.

I wonder whether this has occurred with other brokers.

In the case of HL, you need to click on the link “view shareholder meetings” on the right of the accounts page, below Messages and ISA; this will take you to the necessary voting pages.

There could well be a much lower voting count because of this, and perhaps this should also be flagged up to the Court.

Mim

Agreed. There may well be better fish to fry in the short term, but I’m staying put.

Kadavul, thanks for keeping tabs on this.

I have voted no with my 227051 holding and Mrs. Mimbs has also with her 178119 holding.