Min 50kg of gold per month. Ok. With current gold price it works out to be reasonable amount of profits though not excellent. Mining still continue. Ok. Stop payment of lease. Ok. Now wait for the other party to sue so that it can be settled in court and see who is the guilty party.

Korek King, why are you so quiet. Better make some public statements and tmr go to the EGM and make noise and protest else people will think that you have makan the 100kg of gold. If later you are charged for the offence then you can't make noise already. Only the lawyers can talk.

https://oilprice.com/Metals/Gold/Chinas-Gold-Buying-Spree-Continues-For-Seventh-Consecutive-Month.html

I think they are too drunk on Tuak to get it up even with a bottle of Viagra. Have to wait for them to sober up

Oui, today for action or not? Is the gang of five still sitting around drinking Tuak and waiting for the East Winds.

Korek King maybe have to sacrifice the whole mining lease to Bahvest then the price will be RM3.

Korek King, are you guilty of misappropriating 100kg of gold? If not,, then continue to fight and show the middle finger to MACC and everybody else, but if you are guilty, how much are you going to sacrifice and pay for a stay out of jail card for you and son?

Wah kk7198, expecting Bahvest to be a class 1 race horse is a bit far fetched though I don't mind it happening. I guess you don't want to be like MMC letting go Rio Tinto for a song back in those years.

Same as Bossku, game not over even though lost the election and sitting in jail. Never lose hope. Good luck Bossku as I wish him

CHEERS!!!

Betrayal comes about when there is a big pot of gold involved. No gold no betrayal. Korek King has bought it onto himself being greedy and dishonest. He literally hang himself.

Wah, Korek King don't want to go to EGM. Now wait for MACC to do all the work and charge him for cheating and stealing then sueing him will be easy.

Waiting for three things to happen. 1. EGM to buang Korek King. 2. MACC to charge Korek King. 3. After MACC charged Korek King all the evidence is there for Bahvest to sue Korek King to recover all the stolen money and gold. Feel sorry for him, better to run to Philippines.

All the doomsayers or bears so quiet. All bought enough already and waiting.

All the new directors have bought in some 50m shares. Plus Kretam holdings it will be 120m shares. They will have to pick up 120m shares for the price to go back to above 40sen should be sup sup sui

The price is getting higher and someone is collecting when you sell. Who is collecting?

Is Kretam going to collect 20% or 30% shares? Maybe Kretam also got gold in one of their Palm oil land and needs Bahvest expertise.

There is the possibility of it going to 1 Sen or RM 2, it all depends on how much gold is buried underneath

One put paper, another add wood, then another pour oil and then one shout fire so everybody will run. 🤣

When so many people posting negative news and pouring cold water one should quietly go and buy and when they are shouting buy and buy then one should quietly sell.

Alamak, Korek King not yet resign but as expected the appointment of the three directors. Does it mean Korek King's balls are still being squeezed to produce the resignation letter, the 100kg of gold and maybe more. My sympathy. Anyway expect more good news to come.

The tax X3 for the gold goes to the govt and the balance should go to Bahvest with Korek King accountable for it.

Korek King should be out of remand today or they will extend lagi. If out, should sell off balance of shares and throw in the resignation letter else balls might be cut off.

While we all come here like to talk east talk west talk three and talk four, Freddy and his gang has asked all their members, aunties and uncles to buy and buy.

Verdict : better hop in before too late.

So far the facts are
1. There is gold in the land and enough for every shareholders
2. Bahvest is the legitimate company
3. Korek King balls are being twisted and squeezed
4. The Sabah govt is the ultimate owner of the gold mining lease and can decides who the lessor
5. A new management is coming in

https://www.thestar.com.my/news/nation/2023/05/24/sabah-has-rm678bil-in-cash-reserves-says-hajiji

Coming QR profit la and positive cash flow, just a little bit else how can Korek King paid himself 13 million

Next announcement could be the resignation of Korek King and son from the BOD and the appointment of new directors. Then you will know what the 25th EGM was called off. Initially Korek King refused to back off and when his balls were being hung upside down while eating kari rice, everything came out and a deal was struck. Probably the 13 June EGM will also be cancelled once the new directors are appointed.

Sure kah, Korek King likes to eat the Kari rice provided that he wants to stay on. Too much Kari rice could cause food poisoning for him. Habislah, kesian.

Korek King got no power to korek already after three days in the lockup with his arse being korek nicely. Now he can only dump shares.

Because of gold family members will fight till Kingston come

On Monday when the court says it is ok to have EGM, then the price will move up a little bit, after EGM then it will go back to 42sen before the big waterfall.

The point is catching a falling knife and catching the bull, which is safer?

If Korek King is going to jail they better make sure to put him in a jail on the upper floor or he will korek his way out.

Crucial date will be 22/5 when the court says EGM on 25 can go ahead and on 25 new management takeover.

Also for sure there is gold in the land which causes the big fight and the biggest loser is Korek King

Southsea is sure to lose the concession once Korek King is guilty. Bahvest will be the top contender to get the whole concession and also depend who is the force behind Bahvest. Anyway the important point will be to remove Korek King and Bahvest is still able to continue operations. It is a go, go, go from now onwards. Just sit tight and wait.

I am not surprised he is in the lockup. He sounds like one of the five people detained.

Where is Alankam? Can't find internet connection is it?

With all these dramas one important fact has been established. That is there is enough gold there for everyone if nobody is stealing.

Whoever has the confidence to get the lease will buy as much Bahvest share at this current low price cos no matter how Bahvest is needed to get the gold out of the ground.

Best case scenario is the state govt withdraw the lease from South Seas cos of fraud and then reward the lease to Bahvest under the new management.

When Korek King goes to jail he can make full use of his korek skills to korek a tunnel out.

No wonder Korek King & sons & associates dumped their shares in the market and took out whatever money from the company. Probably get ready to run.

Haha Korek King, didn't know you would go to jail sooner than I think. Good riddance. Next the SC will come for your arse.

Korek King thinks he is very clever and trying to bankrupt the company and hand over an empty safe. Last QR the co got 11 million cash and by now it would have accumulated a couple of millions more and so Korek King paid himself 13 millions before month end and leaving some to pay salaries. After that there will be only a few sens left just like the sense in his head. I think eventually he will go to jail and JL will have to pick up the pieces and work from there.

So many experts here on Bahvest and the economy

So many Datuk Lee in Msia but if he is from Sabah then not so many over there. The one from Sabah is a corporate veteran and politically well connected. Interesting times ahead.

When they issued the LOD I thot it is just to show some action and force. Now that money has moved from one pocket the hole has become bigger and messier. Ask Bossku, if money didn't get into his account he might still be PM