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basically shareholders are upset with the continuous loss despite high gold price. and that translates in underperforming low share price. look at Tomei and Poh Kong, they are retailers yet making big profit
gold price is memang macam tu.. tomei and poh kong is earn middle price.. so.. conlanfirm can earn. but dig gold is different.. sometimes dig here get lesser. dig there get a lot. but if you watch gold rush. need have experience and tech too.. usually need do soil test.
You salah la Nicholas. Scroll down and look for AMBER and my comments. BAHVEST has a subsidiary, Wusseldorf which does all the mining works. There is also Gold prospect studies conducted by Australian company but by the name of Japanese. I also provide link to that report in pdf. They have submittted their report to Sabah EPD for approval. Their report details out on where are their mining blocks, waste treatment ponds, Crushing plants, Base camp. Their comply with their plan.
there many way to cheat. Lo unaware that BAHVEST is public funded company. He can cheat on selling price. He can also cheat on production output. He can park his employees working for him in BAHVEST or Wusseldorf. He uses his position to force BAHVEST / Wusseldorf to rent his equipment at higher price, so on and so forth. All expenses charged to BAHVEST public funded company..
He does not act in good interest of the shareholders.
Worst than that, nicholas. He is not only libel for civil lawsuit, he also can be charged with fraud, misappropriating of public funds, penal code and etc..
