Beacon Hill Share Discussion Threads

[oliversanvil] 12/5/2015 18:59

Maputo — There is no evidence that Mozambique's anti-corruption system is capable of constraining the economic and political elites who seek to enrich themselves at the country's expense. Fortunately anti-corruption laws do not end at the border. Dozens of countries have made it a criminal offence to bribe foreign public officials. There is no doubt that some Mozambicans will seek to extract bribes. There is a small chance, however, that some foreign companies will be too scared to pay them.

Introduction

Transparency is increasing in Mozambique's extractive sector. But transparency alone does not generate accountability. There is a serious risk that in the coming years we will simply know in even greater detail the scale on which the political and economic elite in Mozambique is stealing the extractive sector wealth on which the future of all our citizens depends.

Anti-corruption laws in Mozambique are weak. Enforcement of those laws is weaker still. The more serious the corruption, the more senior the offender, the more money is involved, the less likely that state institutions will investigate and prosecute.

[osammyboy2] 08/5/2015 20:53

It's a "club and we ain't in it"

hxxps://youtu.be/wigDHjEwPuE

[redbike_lse] 03/5/2015 11:40

Looks can be deceptive CJL.
People can do all they can do, while we still have people willing to do that then that's no reason to assume anything has died.
A few people trying is better than many people that have given up.
You can follow AMI's exploits as they are taking the same challenge, some people there think that they are in for an easy ride too.
Making comparisons to BHSAC, lets see how they fair against the tide when at this point all they have done is bought an ice cream and debating getting their socks off for a paddle.
Cheers for the support.

[cjl2112] 02/5/2015 17:47

Thought would have heard something in press by now from the administrator. Looks as if the action group has also died a painfull death !!!

[oliversanvil] 02/5/2015 17:38

Should the administrators smell a rat or uncover a worm under a stone .Then /the Bods and other influences will be put on the back foot and push for an out of court settlement.

[cjl2112] 21/4/2015 20:04

You can't even get a reply from the administrator !!!!

[oliversanvil] 16/4/2015 14:35

Why sub leased? It cost BHR over £20 million plus getting the allocation to use the Sena rail line! Just given away!

[greenrichard] 16/4/2015 10:10

BHR don't own the train set. It was leased and then sub leased.

[oliversanvil] 15/4/2015 17:18

ICVL bought 65% in the mine from mining giant Rio Tinto in July last year for $50 million. ICVL and Tata Steel have since managed to stem the losses a bit, but the asset has still been incurring a close to $7.5-million loss each month since October 2014, mainly due to high mining and transportation costs and subdued prices of coking coal. THUS BHR TRAIN SET NOW(ALONE) ARE WORTH A MINT!

[cjl2112] 14/4/2015 21:51

It's all gone a bit quiet since the meeting. I take it its all dead and buried here ???

[cjl2112] 24/3/2015 20:10

O/A hoping so it's gone a little quiet since the meeting. It's a huge task ahead but fingers crossed hey. Good Luck. CJ.

[oliversanvil] 24/3/2015 19:39

We are still very much live.

[casabella2] 15/3/2015 10:17

Here Here.

[oliversanvil] 15/3/2015 09:57

Thanks to the guys doing the vast majority of the work on behalf of the rest .

[28carl28] 11/3/2015 23:17

Hi Graham,

Thank you very much for that helpful information, I just emailed them so hopefully I'll get a reply soon.

Many thanks & kind regards Carl

[28carl28] 11/3/2015 23:17

Hi Graham,

Thank you very much for that helpful information, I just emailed them so hopefully I'll get a reply soon.

Many thanks & kind regards Carl

[librag] 11/3/2015 11:17

Hi Carl, please contact the shareholders action group at:
[e-mail]

It doesn't matter how large or small your holdings are. You're a disenfranchised shareholder and that's all that counts. The group need as many shareholders from the register as possible, whether you hold shares yourself or they're in a nominee account.

You will need to verify your holdings. I did it by copying a screen print of my portfolio account. Of course, blank out all other shares.
You will also need to give your name, address and phone number.

It's worth the minor hassle. All the best, Graham.

[28carl28] 11/3/2015 00:21

Hi,

I'm a very small share holder. Who would I need to contact about trying to get anything back from this company??

Kind regards Carl

[librag] 10/3/2015 14:34

I'd like to add my thanks to Andrew and Eddie too. Yesterday's meeting was excellent.
Regards, Graham

[oliversanvil] 10/3/2015 14:07

Andy & Eddie. Much appreciated. Boy am i glad you are on the (shareholder) board.

[cjl2112] 10/3/2015 13:35

Great meeting yesterday Andy & Eddie have done a fabulous job behind the secnes. I'd recommend any share holders that couldn't make it get in touch with Andy & co to get added to the verified shareholder list. It's not quite over yet folks there's still a chance to get involved and get something back. Thanks to Andy & Eddie. Much appreciated guys.

[cjl2112] 08/3/2015 18:43

Looking forward to the meeting. Let's hope all goes well & we have an idea where we head from here on in.

[oliversanvil] 05/3/2015 20:39

SFO probes Bank of England auctions during crisis. Corruption everywhere!

[oliversanvil] 03/3/2015 18:54

No news GOOD." No news is good news " in this case a thorough investigation !