focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
https://www.miningweekly.com/article/ironvelds-fcf-buyout-now-unconditional-2023-03-29
Hopefully this will start getting some positive attention and an increase in trading volume.
@steven49
Can you put your usual negative spin on this please? ;-)
@brucebanner
I was once "rewarded" while a patient in hospital. Happy endings all round, but thats another story....
Yes, patience is a virtue, but in this case, a necessity.
Thank flock for that. They had me worried.
Fingers crossed, SP slowly starts climbing out of these duldrums now.
Align gave a very considered explanation
http://www.alignresearch.co.uk/kazera-global/statement-kazera-global-shareholders/
http://www.alignresearch.co.uk/kazera-global/statement-kazera-global-shareholders/
For those new to Anti-Bribery and Foreign Corrupt Practices Act, tale a look at these:
Simple intro to UK Anti-Bribery:
https://youtu.be/DBHqQDeVa20
And a deeper dive into the US equivalent, FCPA:
https://youtu.be/KNe_nmXmG1o
Bribery isn’t just the crude act of exchanging money for a deal. It can be a government officials child’s private education being paid for, hiring someone into the company whose family is connected to the government, payments to a charity, whose board contains govt officials … And a company is liable for the actions of any local agents working for them.
DISCLAIMER: This is for general information purposes only, and is not intended as comment or opinion on any specific allegations.
@Teddy-KGB2
Counselling services available for the deluded !
Hi DirtyDozen13,
How are you feeling today?
I did sense during our last exchange you were hurting. Are you still in pain?
Sometimes these “shocks to the system” can be enough to make someone “crack”, and push them over the edge.
The last thing you need right now is high blood pressure so I’m glad I’m here and able to help.
You could soften the blow by buying some more at these lower levels. Max out on the credit cards, re-mortgage, divert all savings to buy as much as you can, and advise family and friends to do the same*. This is a dead cert, right? But maybe you’ve done that already, hence the irrational posts. Your “under stress” flight or fight response definitely favours the fight!
*PS:
DON’T DO THIS!
Never invest more than you can afford to lose, especially when investing in AIM stocks.
Can someone tell @DirtyDozen13 that please?
@dirtydozen13
You can focus just on the financial sector to try and support your view, but it’s not balanced.
The London-focused UK financial sector is literally a law unto itself with the Corporation of London having its own legal jurisdiction, writing it’s own rules and governing itself.
But that is just one sector, and other sectors do not enjoy such autonomy. IF there is a culture of corruption in UK finance and banking, it would be nigh on impossible for that culture to permeate through other sectors as those sectors can’t protect themselves with their own self-serving legal jurisdiction.
However, in other countries, there can be a culture of corruption that does extend in to every walk of life.
Indeed, some countries still legally allow “grease” payments.
And just to be clear, I have not made any accusations .
It’s just naive to think that corruption doesn’t exist.
It’s a tough game for any business to be absolutely “clean” as its very difficult to be sure that any agents/associates/anyone else involved with the deal, are compliant with FCPA etc. .
@dunkirk1017
@Teddy-KGB2
Do you remember my post from 9th December 22 titled “Am I missing something?” which highlighted the risk around licences?
How you both mocked me!
I chose not to invest at that time in ALL. Glad I didn’t. That drop must hurt.
I am happy that I increased my holding in Kodal (who’ve just won $118m funding with no dilution). and hold KZG who have just sold its pre-production lithium mining asset. Kerching.
I feel for newer investors who listen to blinkered rampers and get caught by this kind of stuff.
@dirtydozen
I don’t mean to sound disrespectful, but your view that Ghana wouldn’t allow dodgy deals is naive.
Ghana scores 43 on the Corruption Index (range of 1-100 where 1 is very corrupt, and 100 is no corruption), so it’s biased towards corruption. UK scores 73.
https://www.transparency.org/en/cpi/2022/index/gha
This index is used by international business to initially gauge risks of doing business in any given country, primarily for FCPA/Anti-Bribery/Anti-Money Laundering compliance.