focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
not sure, maybe a £0.5m keep the lights on with promises of riches to come, maybe it'll have been agreed above current sp say 1.50 to get a few excited - still dilution though in any guise and still no rr contracts a year later
"Also, Is there a prize for repeating 'placing' or 'pump and dump' as it appears to be the only thing the 'usual suspects' have to say?"
Not sure the company gives us anything else concrete to talk about, maybe we ignore the elephant in the room then.
example
14th June, sp = 4p
15th June 21 DRC "The contract includes a 90-day transition period to allow for operational planning and recruitment processes to be completed. Operations are therefore expected to formally commence in September 2021" - hmm, where is it ?
16th June 21 Liberia "The Contract....... is expected to generate around $1.1m in revenues in the first 12 months of operation" - hmm, where is the $1.1m now ?
16th June 2021, sp =6p
17th June 2021 after hours "Proposed Placing to raise approximately £2.5m" at 5.6p
Its what they do/have done since time began, disgusting and they need to be called out !
and this from the 17th may update suggests it's likely before 12th June too, and presenting to warrant holders today 2pm
"In order to provide warrant holders (issued as part of the placing in March 2021) the opportunity to exercise their warrants with the knowledge that the transaction is likely to conclude in reasonably short order, these extensions have also included extending the expiry dates that the warrants can convert into ordinary shares in the capital of UK SPAC. In light of the progress and position the Boards of UK SPAC and of Hellenic now consider that they are in, it has been agreed that 10 June 2022 will the last date on which the right to convert the warrants may be exercised and that no further extensions of time are expected to be granted"
Just read this *on the other side*, great post that sums up their hoodwinking ways.....
"WSG have always publicised the Westminster Group Foundation, their charity arm. Saving the world in places like Sierra Leone.
Funny then that their accounts are 163 days overdue on the Charity Commission website. And these are accounts to December 2020, so a period that ended 16 months ago.
And was it saving the World ? According to the August 2021 Interims:
“The Westminster Group Foundation is part of the Group's Corporate Social Responsibility activities. www.wg-foundation.org, the Foundation's goal is to support the communities in which the Group operates by working with local partners and other established charities to provide goods or services for the relief of poverty and the advancement of education and healthcare particularly in the developing world.
The Westminster Group Foundation is a Charitable Incorporated Organisation, CIO, registered with the Charities Commission number 1158653.”
Well, in the last accounts to Dec 2019, it had revenue, and spending of £2,492.22 !! And a cash balance of £291 !!
All bull**** and virtue signalling, when patently it does SFA"