Better gold transparency agree with better format for gold producer in malaysia, selinsing, penjom and so...it will be better for everyone of us. Deducting a cost of production high time oil price, chemecial and so....
Vivabursa
I dont know he wamt a wise mobe or wronv move, as it subject to leesor and leesse matter....where i guess court tussle aftwr board room tussle
Cheer up now we seeking foreward move from more understanding.
Then we will know whats the indicator for the share moving forward, like it said the factory located treepass or none treepass....making hatred comment doesnt help as it will cloud judgement.....we all the same seeking the best info to serve our best investment
The are big fish we swim around the reef and current
What happen if the factory really tresspass and hatred info clouded us. We all follow go to holland....as will be subject to court case and no production in these gold price high time.....then i guess everyone cam guess what the matket share price and the company prospect
Within the next five years, we hope to triple our production, while doing that sustainably,” he states, confidently. Bearing in mind what has already been achieved, this would seem a highly achievable target.
Alongside its business benefits, the shift to mining has enabled Bahvest to play a significant role in the local community. This factor is important to the corporate identity of Bahvest, which is proud of being a Malaysian-owned gold mining company in a country where most gold mines are owned by foreign investors. Bahvest’s mine employs 300 people, most of the locals, and therefore makes a significant contribution to the regional economy.
If that the case we could ride on till it reach so call target and our investment bear fruits...
In a sudden of interruption could cause production shut down as you suspect the factory are not in the sub lease...which case owner have every rite on its land. Then it will be subject to the court judgement where it takes times....company will bleed to die
To maintain these is likw teareader stated, is better to sit down and come to conclusion before mayhem
They have to be sensible, sit down and talk it thru to find a win win situation for both site then entering a massive sink hole which wll not benefit anyone
CONCLUSION IS U SELL IT UP ALTHOUGH THEY ARE VERY RICH BUT IN THE SAME TIME THEY WONT SHARE A SMALL PORTION PROFIT TO SHARE HOLDER SOME MORE PRESS SHAREHOLDER SELL AT LOSS
Dont understand your meaning and as now price is so depressing i have lost most value of the shares due to take over mayhem as factory treespass from the start.....how could it sell high now. As the will further depress if the factory did tresspass as like you suspect
Shud there b recurring related directors transaction declaration since southsea and bahvest have common directors and shareholders. was there any declaration?
Furthermore, when was trespassing discovered by DL? How did it occur in the 1st place? Any conflicts by common directors.
Since is a sublease from southsea to bahvest it had declare from the start
I guess so is dl found out as he is the one whom now sueing right hand to left hand dragginv these to court
Yes. True also whats their intention of the fl ,cfo and gang. And do they know the factory is trespass from the start before starts a fight as it will mess up the whole share price market
I am neutral on the power struggle among the major shareholders. From my own analysis, likely FL will take over the control of the company, and the legal battle will proceed if there is no compromise. The court will usually favors the side that is legally logical or logically legal. Highly likely, the court will allow Bahvest to continue to utilize the structured facilities on Southsea Gold's land until new facilities are built on Bahvest own premises.
That is nice to hear a nuetral voice. It will be nice if the court allows that but there is basic law that owner of land have it absolute rite on their ownership. Further if it take years to complete the new factory, it cant ask the owner just waiting there without a timeline. So is an arguement that will put into fight. The is just debation and no biaz on siding any site
Just sharing. These is after i have a tea break today with some lawyer friends chatting. Normally the court will order bahvest to remove the factory in like 90 days max thats they told me. Cox if not it will be havoc as there numerous of trepasss issue in malaysia.
Wouldn't that put LFM in the bad light? LFM knew all along that the facilities are built on Southsea Gold's land but made no mention of trespasses until now? LFM will have to answer loads of questions in court concerning this breach of fiduciary duty to its shareholders.
But the court also need to uphold the basic law. Therefore might reduce or forfiet the compensation but could not let bahvest use the land till they find a suitable land or complete build it. In which could violate the basic ownership law, these i did challange with my lawyer friend today cox these is really heat up.....and actually my share interest.
I need to reduce cox for me, the share is too much for to lost all its value. Losing is hurting, completely vanish is devasting for me
On the other hand, this fight between two major shareholders present a tremendous opportunity to buy at such low level. No doubt there is a power struggle going on and its conflict can drag on, but the gold beneath Bahvest mine remains the same amount, moreover its value has doubled, and may rise further, judging from the global economic and geopolitical environments. Just the mine itself is worth more than RM1 a share. I strongly suggest not only a hold, but further buy. There is a gigantic reason FL wanna gain control of the company. It's the cheapest gold mine in the whole wide world. Do not miss this golden opportunity. Do not be deceived by winds of deceit.
Put Bahvest's mine up for sale, there are plenty of people who would pay beyond what you and me could imagine, just to snatch up this concession in order to dig up the precious metals beneath.
I do belief on what you said that the mine have plenty of gold that need to dug up by doing google search from internet you could just do simple comparison with penjom or selinsing.
But now is you have a mine but you dont have a factory. Then the company also will enter court tussle after board room tussle. Which drag quite some time which no one dare to put a time frame on it. In between bahvest might search for suitable nearby land if available to build which cause times as well.
So these havoc will easily take more a year which i can imagine and also can compare with other mill, for example oil mill which take more than a year to contruct and commernce any consultant can tell you that. Then you need to restart eia report as well with the goverment. With all the hustle easily will take up to two years if restart at ground zero by providing funds available
So if such event can forseen, was it better to cut down than holding. The share price will definately will plummer deeper when these incident occurs.
Put up bahvest for sale sure will have a buyer if the company is intact with a factory.
Let said its mine itself, no one can tell us yet what is tresspass and what isnt?
As there will be court room tussle, logically pontetial buyer will wait and see till all settle then will negotiate with bahvest to buy over. If bahvest wanted to sell off its mine then what bahvest worth nothing.
So in any scenarios and angle looking at it will be a kill spit for shareholders
Only like others commetor said sit down and talk thats the only way can bring the mess to the lowest damages.
As said earlier,both lessor and lessee are the same person in control but why the lessor (he) puts the lessee (himself) in trouble with the litigation. There is only one theory ie conspiracy theory.
The lessee knows it well that the company is not expected to make profits on the " barren " Land any more.The lessee wanna put it to an end. However before the lessee does so ,he wanna exhaust the remaining resources in the co in the first place and has come up with the idea of legal suit from the lessor.
Basically the lessor , lessee and their gangs are bunch of clowns and jokers fooling around all the investors in the circus
Even fl want to take over then resell then what bahvest what value it have without its mine. Is more like getting more shares on his hand and negotiate with other to fetch himself better pricing as he control the management
Then i wouldnt said do not belief on wind of deciet like you said. Is more like betray to all shareholder by talking them on ride or gaining suppirt for fl to have better pricing which benefit his group where others holland
If these is truth then fl, cfo and gang are the biggest bahvest killer. These make me more wanted sell it all off
Was it really true that fl,cfo and gang wants to resell after take over. It is absolutely betray to shareholders for their gang for fetch better pricing by controlling the management.
These something new and the shareholder needs to double consider if such things occur.
The lessee has long intended to put their business to an end and they have finally found the valid reason to proceed following the legal suit initiated by the lessor who serves their purpose for which it is intended.
Since the Lessor and the lessee are the same person in control, manipulation is within reach.
Wah so happening our Bahvest page... Non stop comments :) Hope everyone WINs a lot and ENJOY the ride with Bahvest!!! For those new people joining this ride, welcome to the Bahvest Family... Cheers!!
Is weekend and have a happy sunday so early so angry, relax and chill
For me i guess i will sell off if not more that half. As the company definately heading into more murky situation.
As some commentors said as well as i thought it will be definately lead to court case and production halt.
Some commentors just stated that they will resell after take over but stuck in court case any buyers will whom is logical will wait and see till court case resolve.
Then again rebuild factory will take more than two years as any consultant will tell you that if you use oil mill as a comparison if you refer to my earlier message stated.
I also just found out from one of the commentors stating it, could be rumuors, could be insider. Doesnt matter more murky situation is heading if they are able to get a consensus and resolve for the benefits of all
Dont be naive. The lessee has long intended to put their business to an end and they have finally found the valid reason to proceed following the legal suit pre-planned by the lessor who serves their purpose for which it is intended. It is conspiracy theory.
The Lessor will exhaust all the assets from the lessee through the legal claims which eventually goes from left pocket to the right pocket. The lessee can legitimately put the company to an end for good and both lessor and lessee are in the happy ending . The lessor is killing two birds with one stone with investors are caught by surprise and bleeding
Basically , the lessee business is destined to be doomed.
What made so certain that the lessor will win it all and the fl,cfo and the gang will bleed to die if they still procecced towards take over bahvest. Cox fl are a prominent businessman in the market.
Based on facts, the factory is trespass and will be court case for some time. Relocated factory or rebuild take times. Selling it to pontential logical buyer will wait and see call till it reach a conclusion from the court tussle. Enormous planning for the company also needed production before can growth.
These all fact i know amd understand base on finding discussion. But you are certain from point one.
Can you share whats make so certain the fl gand will be doom
Yes thats for sure by now they should know that factory highly not located on the sublease as lawyer letter and so. They should have better finding with the ex cfo before procceding and now the company will broke into pieces.
If they know with ex cfo and prominent businessman fl knows should cease and come back to the table and talk to dl to find the best sollution.
Why aint they do it for the benefit of both side before leap into massive sink hole
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Michael R.
4,827 posts
Posted by Michael R. > 2023-05-06 14:07 | Report Abuse
There should better transparency in gold mining activities..
THEORY :
#Reported weight got adjusted to cause net loss...
#Extra weight supposedly becoming profits goes to hidden hands..
WIth better transparency we guaranteed that every gram goes into company's revenue..
We dont want gold mining companies reporting losses...
----------
Muyutin
2017 TAT TIME GOLD PRICE AROUND USD1300
THEY CALCULATE WHEN GOLD PRICE REACH USD1600
COMPANY ACTUALLY PROFITABLE
UNFORTUNATELY GOLD PRICE HIT USD1800 THEY GIVE REASON FOR TAMBAH EQUIPMENT AND RAINNY SEASON OR SON PASSED AWAY WATEVERLA
NOW USD2000 GOLD PRICE
HE WAN STOP THE PRODUCTION
1 hour ago