Member Info for oneiric

After seeing two new DBXs on the road locally in SW Herts apart from them looking good I feel confident that sales are being made. If it's happening here there's many more regions where there'll be sales. Let's see what the official figures bring.

A £949K vote of confidence . A good sign at this price.

HI G8shd. I've yet to receive a letter so looked at Jersey Companies Register where Paragon Resources are still listed with a status of LIVE. Just another inconsistency that manifests itself in the world surrounding Mr. Hunt and his fellow directors.

What a shambolic report. 8 significant accounting errors reducing 2015 op profit from USD 1.442 m to just USD 2,000 (yes - a reduction of USD1.44m). Private investors use these reports to make decisions on. I feel deceived. The 2016 year op loss is a staggering USD4.476m. This is either incompetence or fraud. The interests of private shareholders have clearly not been represented by the board.

There is a requirement for black empowerment and there is a constraint with unionised mineworkers. The resolution is to ignore PUNO, sack the unionised mineworkers and form a cooperative with artisanal miners currently illegally working the near to surface deposits. Do a 50 / 50 split, it will give legitimate work where it is wanted and directly empowers the local community. We may also get some gold out of the ground.

�The Company has faced, and continues to face, a number of significant operational and financial challenges to enable it to remain a viable project. These include:���� operational difficulties� � who writes this stuff? Lots of excuses in the RNS � the sub text is really a lack of business planning, forecasting, stakeholder engagement, financial control, geological skill, metallurgical understanding and mining engineering nous. The Board have failed comprehensively to protect shareholder interests whilst chasing cosy deals with Chinese associates whose interest in treating PIs fairly is probably smaller than the value of my shareholding. So, either a colossal management failure or a masterful Sino/Anglo/African scam engineered over the last 3 years. If it�s the latter then well played Simon you had us all fooled this was a bone fide business.

From 2/10/17 RNS : " Further to the announcement made by the Company on 23 June 2017, the Company hereby informs its shareholders that its audited report and accounts for the financial year ended 31 December 2016 will be published on or about 13 October 2017. " Could be a Black Friday indeed.

I only have 60670 (massively reduced through 50:1 the consolidation years ago). Will add to any collective action pot. Every little (or now in my case VERY little) helps.

It's after 5pm on the last trading day of September, so we can now officially call the RNS statement of 20/7/2017 (which promised "The Company shall announce in September, along with the interim report, specific details of the production figures from January to June 2017") a lie. Now we know the form, what other lies will be board spew?

So,the gist is – current management can’t make it work, the assets will be sold cheap to someone the management is in collaboration with and PIs are to be significantly diluted. I’ve been in from before the pre-50:1 consolidation of 2013 (bought @ 2.8p) and now 4 years later down to 0.4p, suspended and they’re about to go bust. Woeful performance losing 99.7% of value. The only positive I can take from CRND is that I can now better identify deceit.

Tomorrow will be the one year anniversary since the last communication from the Board. A shameful example of contempt for shareholders. Was wondering what odds a bookie would give on a formal announcement being made? 10,000 / 1?? Which is about the increase I'd need to break even given the destruction of value overseen by the Directors.

I have emailed both Mr.Hunt and Mr.Cassiano-Silva asking for a public statement on progress and future of Paragon. Neither replied. Not even the courtesy of an acknowledgement. No read receipt either. So messages were either ignored, deleted or rest in Paragon email accounts that are no longer in use. I know that in the last update they put out in March they said “… no direct contact to the Company whether by telephone, text or email will be responded to. “ but didn’t expect shareholders to be totally ignored. However, at least they are fulfilling a commitment in a published statement for once.

I had the same problem with the Paragon automated email web page , so using the “inspect element” feature on Chrome you can read the published coding . This shows the email address that the page is meant to send to as : <a href="mailto:simon-h@paragon-resources.com">simon-h@paragon-resources.com</a><br>

I have emailed Mr.Hunt but have got no reply. At least Mr.Harris replied, but only to say that as Paragon is no longer listed on AIM his company are no longer NOMAD for them, so he couldn't comment. Next step is to try Mr.Cassiano.

Simon and his friends should heed advice from the Gospel : “ There are six things that the LORD strongly dislikes, seven that are an abomination to him: haughty eyes, a lying tongue, and hands that shed innocent blood, a heart that devises wicked plans, feet that make haste to run to evil, a false witness who breathes out lies, and one who sows discord among brothers.” — Proverbs 6:16–19 With Paragon and Hunter Resources it smells like rampant sinning; deceiving the PIs to allow those ”in the know” to fulfil their Greed. Before the Boards of Hunter and Paragon are eternally damned there is still time for them to repent. Tell the truth, return PIs money (including my 14K) and seek forgiveness. It may not be too late.

This is another share in my stable of knackered mares. I don’t want to read the Business school buzz-word bingo. “encompassing the go-forward product strategy and commercial proposition” "“aligns .......overarching brand with dominant commercial and Industry growth drivers” Deeds not words please Brian. Profits not proselytising.

In summary the board relinquished a world class tantalum resource, spent a fruitless year assessing agriculture in Africa (always going to be an investment basket-case) and now back to discovering minerals again. The structure of PAR board is meant to be expert in Agri-business, so not placed to assess a mining opportunity without more paid expertise. Will the agri-business board members now resign? The current board have jetted around on shareholder funds doing their “research”. Words like “organise”, “pan-African”, “p!55 up”, “brewery” and “can’t” suddenly spring to mind. I’ve written this hefty loss off and have little constructive to say. I hope something rises from the ashes for those who like myself who, perhaps being a little traditional, take people at their word.

Nick passed my email (28/1/14) on to Simon who kindly replied to my query about Greenstar valuation. The response was pointing me at information already in the public domain, i.e. the Chairman’s Statement reported in RNS 3rd February, which outlines where Greenstar is already proving its value to Paragon in on-going discussions with opportunities.

NERBS????????? I hope for your sake Ryan that your investment appraisal is better than your literacy.

A bit tetchy ST! I don’t think insults really help an informed debate. I waited to send email as I was doing some research in my own time and ultimately couldn’t find the answers I wanted. I chose email as I like to have a formal record rather than the chit-chat and hear-say of a telephone conversation. I said I’d provide an update regarding my email and I did that (i.e. no reply yet). Anyway I don’t need to justify my approach to you. You have your own methods of research and I wish you luck with that. Me, I’d quite like to get some of my money back, but this is one of many investments and thankfully they have all not been as catastrophically misguided as this share