48 days ago
What 80 Mile PLC (80M) is NOT telling you in today’s RNS is that its joint broker Zeus has quit. That is not because of today’s joke all paper merger with Nasdaq dog Greenland Resources but because of a series of regulatory failings not least the recentplacing scandal that the FCA and AIM Regulation are all over. It is not obliged to announce a broker resignation but I thought you should know. As to the deal… it’s a total rum ‘n’ coke
111 days ago
Shares in companies valued at £20 million do not collapse by 40% in just five days for no reason at all. Even on the AIM casino. I have written to the Oxymorons at AIM Regulation regarding Microsalt (SALT). It and its Nomad Zeus should be forced to issue a statement
112 days ago
This is the company where the former chairman and CFO half inched $1.7 million over nine years with no fellow directors or the auditors noticing. Worse still Phoenix Copper (PXC) was bailed out last December by murky offshore death spiral hoods Indigo of BSF Enterprise (BSFA) infamy. Now there is a placing and retail open offer for morons only but read the small print.
112 days ago
Microsalt (SALT) is part of the TekCapital (TEK) nest of snakes. Tek buys crap companies for peanuts, funds them, usually with debt, then lists them at a crazy price so it can get its debts repaid and flog shares. That allows it to buy another shitco for peanuts and, more importantly, to fund bloated PLC costs. Rinse and repeat. Microsalt is revolutionising the world of salt….whatever. It is almost Woodfordesque. Now do the maths.
115 days ago
Picking a fight with the City’s second most hated man after myself, Richard Jennings is the act of a madman. I am actually quite a nice guy although you should not tell anyone as I have a reputation to preserve. When Jennings is enraged he is a complete barstool.
118 days ago
The position of David Bramhill and the troughers at Union Jack Oil (UJO) is now wholly untenable. On Friday Bramhill acted, as I exposed HERE, ultra vires to adjourn an AGM which was set to boot him and his fellow fat cat incompetents off the board. His pretext was a possible all paper offer from Reabold (RBD) but today Reabold published accounts with a material uncertainty. Not even Bramhill can recommend a paper offer from such a company. It gets worse for Brammers, as I can reveal…
122 days ago
As I noted earlier, David Bramhill of Union Jack Oil (UJO) knew that he and fellow directors would be ousted at the AGM today and thus acted to adjourn it which for all sorts of reasons was disgraceful. In an accompanying RNS he says he was entitled to do so under Union Jack’s Mems & Arts but that was a lie. He acted ultra vires. I have written to advisors and regulators demanding urgent action against Bramhill.
122 days ago
I did not make it to Bristol as my car broke down on the M6. I have only just now got back from a happy time in Walsall or was it Wednesbury?. If you are thinking of a romantic weekend get away I would recommend you don't choose Walsall or Wednesbury. As it happens the A grade shit David Bramhill waited until 11 AM to adjourn the Union Jack Oil (UJO) AGM in Bristol in order to cling onto his job and expense account for a few weeks more. At every level what Bramhill has done is a disgrace and he should be cold shouldered and pilloried by all concerned as should his democracy denying sidekicks Zac Philips and Joe O'Farrell, lawyers Keystone, Nomad SP Angel and brokers Zeus. All should hang their heads in shame.
144 days ago
The odious Cedric Simonet of Altona Rare Earths (REE) is on the pump with another ramptastic RNS. What comes after Le pump? Yes it is Le Dump?
147 days ago
The pompous, intensely unlikeable and stupid frog Cedric Simonet who runs Altona Rare Earths (REE) issued a “knows of no reason for share price decline” RNS on 8 May two days after announcing it had signed up to an ATM death spiral with Zeus. Simonet seriously thought having an ATM death spiral was good for the share price? Can anyone find a more naïve or stupid London listed CEO?
171 days ago
Maybe it is because he is a native frog speaker and something is lost in translation but Cedric Simonet of Altona Rare Earths (REE) is talking total coq once again.
173 days ago
I do not wish to annoy the City’s second most hated man after myself, Richard Jennings, for I am aware that he is a major investor in Altona Rare Earths (REE) claiming to be terribly excited about its assets. Whatever. He may be right, but today’s RNS is of interest to those of us who study how the English language can be used or abused.
234 days ago
I have today revealed how the £77 million fraud Zamaz has been quietly buried without ever publishing audited accounts from its September 2022 IPO. AIM Regulation should be acting decisively as a man at the heart of that fraud, Martin Groak, is still a director of an AIM Company, Tanfield (TAN). I have written to the Oxymorons.
234 days ago
Companies do not commit fraud, individuals do. Zamaz, a fraud we exposed from the £77 million IPO get go in September 2022 has finally been buried quietly to hide the crime. I showed right from the start how the FCA had been grossly negligent in allowing this scam onto the main market of the London Stock Exchange. And then it got worse as I proved the actual prospectus fraud
256 days ago
Unbelievably, and with AIM Regulation made aware by myself of the claim revealed HERE yesterday which could sink Jade Road Investments (JADE) there is no RNS from the company. Cowardly nomad Zeus and colourful chairman John Croft of Fusionex infamy are not returning calls. But Helix, lawyer to the claimant has been more forthcoming.
257 days ago
There is no RNS as yet but AIM listed Jade Road Investments (JADE) has apparently been hit with a legal claim that could wipe it out completely.
276 days ago
Ariana Resources (AAU) has announced “Drilling Results from Main & South Zones at Tavşan” including emphasising “another great set of results from the Main Zone at Tavşan extending into the South Zone” and that it is “currently optimising our pits at US$3,500 per ounce, compared with previously optimised runs undertaken at significantly lower prices. This already bodes well for the longevity of the Tavşan operation”.
297 days ago
Minoan (MIN) took until New Year’s Eve to announce the results of a GM at which Nomad Zeus did not bother attending. A number of shareholders present claim that the meeting was rigged.
311 days ago
I start with a dream or nightmare I had about the carol service. The it is Lucky Luke and lessons from the impending demise of Revel Collective ( TRC). I look at more bullshit and more confetti issued at Red Rock Resources (RRR), relay a message from Kefi Gold & Copper (KEFI), consider the Artemis (ARV) scandal and the negligence of Nomad Zeus, the Vast Resources (VAST) pump ahead of, I predict a placing at 0.1p on Monday and consider whether Mirriad (MITI) is down 99.9% or is it 99.99%. Anyhow I was right and the end game is now in sight.
382 days ago
Last week shares in UK Oil & Gas (UKOG) almost quadrupled to 0.046p on the back of a spooftastic RNS about a very vague MOU involving hot air ( energy storage). Natch the company did an immediate placing at 0.3p raising £3 million. Then, with the shares rattling back to 0.035p it announced that it had raised another half a Bernie at 0.03p. Finally, with the shares at 0.033p, it raised another Bernie at 0.03p. Now here is the mystery with the shares now back at 0.025p
385 days ago
Alkemy Capital Investments (ALK) has so far given investors a roller coaster ride in its plan to develop Europe’s first lithium processing plant on Teeside but this week it has added muscle to its $350 million project.
390 days ago
Once upon a time in the shameful days of Horse Hill which was bigger than Saudi Arabia according to David Lenigas, shares in UK Oil & Gas (UKOG) were more than 10p. Today they have rocketed by 321% to…..0.043p! Every dog has its day. But before folks rush to fill their boots on the back of a hopium packed RNS today, beware that rapacious brokers at Zeus and CMC are already forward booking in the commission funded Ukrainian young ladies: a discounted placing is a nailed down cert.
397 days ago
There is an announcement today from David Bramhill’s AIM listed shitco Union Jack Oil (UJO) about US drilling results. The news looks very much Curate’s Egg stuff to me and gives no reason to buy the shares as Union Jack continues to guzzle cash up until its next placing. What caught my eye is the list of advisors.
399 days ago
WH Ireland (WHI) has provided me with so much entertainment over the years. It was once chaired by Sir David Tripper, a former Tory Minister and leading free mason, whose last outing in the Public world was at a NED at Chris Cleverley’s billion dollar Tingo (US:TIO) fraud. He was replaced by the maverick Rupert Lowe, now an ex Reform UK MP. Along the way, I exposed how it had mugged poor pensioner Jim Bagot and then covered it up with its then CEO acting like a prize shit at the AGM I attended with the impoverished OAP. It employed the China fraud specialist Paul Shackleton to list shitcos on AIM and acted for cons such as Versarien (VRS). But all good things must come to an end…
458 days ago
Worried bears and deranged bulls alike plague me about Avacta (AVCT) now that its shares have recovered to 44.75p. For most of the past three years such a share price would have been seen by the bulls as a disaster now it is posted as a triumph. Is the company turning the corner? Is the pope a Methodist lay preacher?
839 days ago
Microsalt (SALT) tried to raise £10-15 million ahead of an IPO last October but for some unexplained reason, Nomad Zeus postponed the IPO. On 1 February it joined the AIM sewer after raising £3.15 million gross (£2.5 million net) at 43p giving an £18.5 million valuation. Today, after announcing what it termed a “vital” deal earlier this week, the shares are 112.5p so valuing it at just over £48 million. Really?
3624 days ago
The FCA has put out a statement confirming that it is all over at Gable (GAH). William "piggy" Dewsall has made £15 million, but shareholders have lost everything and now it seems that policy holders will be screwed too. Gable issued statements while its shares traded that were simply not true but will there be any action against piggy or hapless Nomad Zeus? Whaddya think? The FCA confirms the worst:
3625 days ago
PriceWaterhouseCcoopers, PWC, is acting as administrator to the subsidiaries of Gable Holdings (GAH) and has published a damning report making clear the black hole that has existed there since the start of the year. The shares were suspended only on September 12. This is a scandalous failure on the part of Nomad Zeus and the Oxymorons at AIM Regulation.
3803 days ago
As a long term bear on Gable Holdings (GAH) yesterday's late in the day RNS of doom is a clear vindication and the shares have crashed to 6.75p. But I cannot see how the Nomad, Zeus, manged to sign off on what was said as the RNS makes claims that seem fanciful with regard to a capital injection.
