Disclosure: Financial Investigative Media Limited, which is not owned by Tom Winnifrith but by a trust for his dependants, owns shares in companies mentioned in this article. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I am in Shipston with my father who has just won a premium bond. I discuss this ahead of spending it in the White Bear. Also how I deal with charities who call him. Then it is onto David Lenigas at the start with Lenigas Cuba (CUBA) and at the end with Rare Earth Minerals (REM). In between I look at Velox3 (VLOX), Juridica (JIL), Oilex (OEX), Phorm (PHRM), JQW (FRAUD), my anger at Reach4Entertainment (R4E), Paragon Diamonds (PRG) and I give Northern Petroleum (NOP) a well deserved kicking. Warning - this podcast contains strong language which some may find offensive. C'est la vie.
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Comments
Link No Workee
http://audioboom.com/boos/3817442.mp3 <- Not Found.
Oh and for the last few BearCasts the graphics on this page have not shown up.
Please Fixee. Thanks.
Hanging is Far Too Good for Them
I can’t get this to work.
Linkee No Workee
Thanks.
Tom Winnifrith
Apologies for IT glitch, will do a poll on sacking Darren at some stage works now
t
Ed Miller
Sheriff, I am addicted to your Bearcasts – is there a helpline I can call?
PS. Thanks for courageously and diligently doing the work AIM Regulation, Nomads, company directors and auditors are evidently too feckless and apathetic to do. Their lack of concern has succeeded in making the AIM casino even more of a chicken-shit outfit than it was before – and who would have guessed it could get even worse?! Their self-serving cretinism makes AIM a national joke and is proving that crime pays. So keep sounding the alarm bells and hounding the fraudsters, we love you!
Colin
We can start ‘TW Bear Cast drinking game Bingo’ tomorrow:
“Northern welfare safari” – pint of bitter
“Spotted dick and custard” – baileys
“Fat Aussie Share Ramper” – can of Fosters
“Slam-dunk sell” – tequila slammer
“Packet of crisps” – shot of tequila with salt
“Big Dave Lenigas” – chocolate liquer
“China Norfolk” – rice wine
“Market Abuser Chris Oil” – shot of black vodka
“Bristol” – pint of cider
“Mad Leftie” – chardonnay
“When’s the placing?” – champagne
in all seriousness, it’s essentially listening. Cheers!
turbograndad
Enjoy and treasure your time with your old man, I did with mine, it counts for a lot in future memories, and is one of life’s most precious.
Drunken Sailor
I suspect Andrew Monk could be rightly concerned about the amount of Leni Maths involved in BCN and REM figures. I seem to recall the goddess’s comment when asked about Lithium at the presentation she did at the establishment formally known as FS&LPH or it may still have been Real Man in those days, where she said Lithium is good, just go for companies whose production costs are in the bottom 50%. Until a proper BFS is done, nobody has any real idea what the production costs are likely to be or what the selling price of the actual product might be. It is entirely possible that when the processes are properly proven and genuine key figures are known that big Dave may well be awarded the Nobel prize for Chemistry to go alongside the Maths and Physics prizes he already has – I recall at least 1 Tweet where he said the low grades do not matter because the deposit is so big. Fascinated to find out how that works and feel sure the Nobel committee will be too. The conversion of an Alkali Metal (Group 1 of the periodic table) which Lithium is – it sits right at the top above Sodium and then Potassium, into a Rare Earth Metal (a Lanthanide – A mnemonic for the names of the sixth-row elements in order is “Lately college parties never produce sexy European girls that drink heavily even though you look” – so a subject that should be of great interest to you Tom) is worthy of a prize in Alchemy in its own right.
As far as I am aware there is not another company that has a commercially producing project getting Lithium out of mud, so there is no operating cost comparator to the more established rock and brine lithium producers, which a mud project will be competing against. Additionally therefore there are no off take partners who are already set up to take muddy Lithium and thus they would potentially have significant capital costs to invest in order to be in a position to take the muddy product and convert it into high purity (99.95%) LiCO3 needed for EPV batteries.
Being Lithium mad I am sure Andrew is fully aware of all the other Lithium projects due to come on line in the next few years to satisfy the demand from a bankrupt China that was reportedly desperate to get all its citizens riding around on battery powered bikes, rather than in pollution producing cars etc and was offering all sorts of inducements to their citizens to make the switch, whilst the West would still rather have a decent petrol engine that will get them from A to B without having to worry whether the battery is going to run low 10 miles from B and leave them crawling along like a Sinclair C5, especially now your daughter has debunked the global warming myth.
An analysis of the relative market caps of REM and BCN, given how much of the BCN projects REM owns plus the true worth of the other REM “investments” might prove interesting.
johng
Can i suggest this post as one of most sickest post of the year on advfn…. the twat gives apologetic excuses for the IRA… and then goes one step further and creates some warped moral equivalence between negative posters and ISIS (I believe SP readers have voted this dick before as one of the tits of the week)
http://uk.advfn.com/cmn/fbb/thread.php3?id=34726329&from=326
Loverat 16 Nov’15 – 17:59 – 326 of 328
Liquid Millionaire
There was a time when I used to keep better tabs on these loons. It seems in the 12 years I have been here a few have died off (and in one case then risen from the grave) and I have lost track of others. And then we have the re-emergence of Tom Winnifrith and a new generation of his mug followers. This lot are more aggressive, dishonest and nasty than trolls from a few years back.
How things change.
I guess it reminds me of how things have changed more generally over the years and makes me think back to when I atarted work in London twenty five years ago and compare things to now.
Then it was the IRA causing havoc. They were bad but most of the time at least they gave you a 10 minute warning. You might even manage to reason with some of them and negotiate the Good Friday Agreement with them.
Now we are terrorised by the likes of ISIS. No rules, cowardly, evil and certainly can’t reason with them. Just like some of the folk here in some ways.
VINES
Monk’s a spivy analyst not a broker. his VSA did so well when it was AIM listed. Lenigas must be crying into his pillow having the former heads of Rivington and VSA on his case. Blue chip critics
Marcus
I’m most disappointed that no mention of being pregnant or not pregnant today ..