Think about it. Why are FL and gangs just holding shareholding of 10% in total? Why not hold more than that just like his shareholding in Kretem?. It is believed that his direct and indirect holding is more than 60%.
Why? The reason is simple .it is hard to determine the output yield of gold underneath the ground ( unless it is fabricated like the alleged 100kg) season in season out than that of oil palm which is predicable and controllable with the fertilisers.
On a separate note, the gold price might not be sustainable continuously once the Ukraine war is said to be subsided within a year.
The future prospects are uncertain and cast with darks clouds coming ahead
Since FL and gangs do not hold substantial shareholdings( it is believed they will never commit to that) ,they can just easily wash their hands by exiting open market if the company doesn't come off according to their way
When Mr.Chong , the newly appointed CEO could not reach his target of output yield of gold, he would blame the weather again as he used to. As said, no one can guarantee the output yield at the end of the day. Fabrication and excuses are unavoidable like the alleged 100kg of gold which is largely believed to be non-existent.
It it preposterous to be said by someone that the 100kg is physically buried at the vicinity of DL's dwelling. If so, it could have found by the authorities by now using the metal detector. However, the 100 kg has yet to be found as at so far....
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.
During a robbery in Zimbabwe, the bank robber shouted to everyone in the bank: "Don't move. The money belongs to the State. Your life belongs to you." Everyone in the bank lay down quietly. This is called the "Mind Changing Concept” Changing the conventional way of thinking.
When a lady lay on the table provocatively, the robber shouted at her: "Please be civilized! This is a robbery and not a rape!" This is called "Being Professional” Focus only on what you are trained to do!
After the robbers had left, the bank manager told the bank supervisor to call the police quickly. But the supervisor said to him: "Wait! Let us take out $10 million from the bank for ourselves and add it to the $70 million that we have previously embezzled from the bank". This is called "Swim with the tide." Converting an unfavourable situation to your advantage! The supervisor says: "It will be good if there is a robbery every month." This is called "Killing Boredom." Personal Happiness is more important than your job.
The next day, the TV news reported that $100 million was taken from the bank. The robbers counted and counted and counted, but they could onlv count $20 million. The robbers were verv anarv and complained: "We risked our lives and only took $20 million. The bank manager took $80 million with a snap of his fingers. It looks like it is better to be educated than to be a thief!" This is called "Knowledge is worth as much as gold!" The bank manager was smiling and happy because his losses in the share market are now covered by this robber. This is called "Seizing the opportunity." Daring to take risks! So who are the real robbers here?
*** Typo The next day, the TV news reported that $100 million was taken from the bank. The robbers counted and counted and counted, but they could only count $20 million. The robbers were very angry and complained: "We risked our lives and only took $20 million. The bank manager took $80 million with a snap of his fingers. It looks like it is better to be educated than to be a thief!" This is called "Knowledge is worth as much as gold!" The bank manager was smiling and happy because his losses in the share market are now covered by this robber. This is called "Seizing the opportunity." Daring to take risks! So who are the real robbers here?
DL was allegedly reported to have taken the 100kg of gold which is equivalent to 10 bags of rice of 10 kg each and yet it has not been found by the authority. is it a fool's gold or no gold at all ? DL has been framed by the present CEO , by the name of chong from day 1 with his agenda or their agenda.
How would you expect FL and gang to do wonder with the output yield of gold which the present CEO claims is dependent on the condition of the weather? his next excuse could be " the drop in output yield is due to the current extreme heatwave" . WTH
Another intriguing question is the level density of the gold mine ( Land ) there. higher quality mines are expected to fetch 8 to 10 g/t while lower quality mines are expected to get extract densities of 1 to 4 g/t. On average, it is taken as 5 g /t. Has anyone questioned the densities of gold mine of Bahvest?
To produce 1000 g ( 1 Kg ) assuming averaged density of 5/ton, the company is required to process 200 tons of soils excavated from the ground. Do you really believe that the company could easily produce 100 kg of gold per quarter without doing " wonder " ? How wonder is wonder? Fabrication of gold or otherwise? I leave it to your imagination of the ground is full of "wonder ".
lebih baik ko diam bah.. bukak mulut lgi dah brapa tonne angin masuk kat kepala hotak ko. klu diaorang 5g/T tu dah superduperhyper grade ore. kapaciti sng sng 2000T/day = 2000 TON sehari. Ko bijak + pandai kan? Gi diam2 buat kira2 kat 5g/T. mmg buduh tahap luarbiasa.
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....
joyvest
10,414 posts
Posted by joyvest > 2023-06-11 12:03 | Report Abuse
Think about it.
Why are FL and gangs just holding shareholding of 10% in total? Why not hold more than that just like his shareholding in Kretem?. It is believed that his direct and indirect holding is more than 60%.
Why? The reason is simple .it is hard to determine the output yield of gold underneath the ground ( unless it is fabricated like the alleged 100kg) season in season out than that of oil palm which is predicable and controllable with the fertilisers.
On a separate note, the gold price might not be sustainable continuously once the Ukraine war is said to be subsided within a year.
The future prospects are uncertain and cast with darks clouds coming ahead