UK 17:14 Friday, 23 October 2026
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Disclosure: Financial Investigative Media Limited, which is not owned by Tom Winnifrith but by a trust for his dependants, owns shares in companies mentioned in this article. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Bearcast

Tom Winnifrith Bearcast 16 November: David Lenigas is not the only one in my sights

I am in Shipston with my father who has just won a premium bond. I discuss this ahead of spending it in the White Bear. Also how I deal with charities who call him. Then it is onto David Lenigas at the start with Lenigas Cuba (CUBA) and at the end with Rare Earth Minerals (REM). In between I look at Velox3 (VLOX), Juridica (JIL), Oilex (OEX), Phorm (PHRM), JQW (FRAUD), my anger at Reach4Entertainment (R4E), Paragon Diamonds (PRG) and I give Northern Petroleum (NOP) a well deserved kicking. Warning - this podcast contains strong language which some may find offensive. C'est la vie. 

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Comments


  1. Link No Workee

    http://audioboom.com/boos/3817442.mp3 <- Not Found.

    Oh and for the last few BearCasts the graphics on this page have not shown up.

    Please Fixee. Thanks.


  2. Hanging is Far Too Good for Them

    I can’t get this to work.


  3. Linkee No Workee

    Thanks.

  4. Apologies for IT glitch, will do a poll on sacking Darren at some stage works now

    t

  5. Sheriff, I am addicted to your Bearcasts – is there a helpline I can call?

    PS. Thanks for courageously and diligently doing the work AIM Regulation, Nomads, company directors and auditors are evidently too feckless and apathetic to do. Their lack of concern has succeeded in making the AIM casino even more of a chicken-shit outfit than it was before – and who would have guessed it could get even worse?! Their self-serving cretinism makes AIM a national joke and is proving that crime pays. So keep sounding the alarm bells and hounding the fraudsters, we love you!

  6. We can start ‘TW Bear Cast drinking game Bingo’ tomorrow:

    “Northern welfare safari” – pint of bitter
    “Spotted dick and custard” – baileys
    “Fat Aussie Share Ramper” – can of Fosters
    “Slam-dunk sell” – tequila slammer
    “Packet of crisps” – shot of tequila with salt
    “Big Dave Lenigas” – chocolate liquer
    “China Norfolk” – rice wine
    “Market Abuser Chris Oil” – shot of black vodka
    “Bristol” – pint of cider
    “Mad Leftie” – chardonnay
    “When’s the placing?” – champagne

    in all seriousness, it’s essentially listening. Cheers!

  7. Enjoy and treasure your time with your old man, I did with mine, it counts for a lot in future memories, and is one of life’s most precious.


  8. Drunken Sailor

    I suspect Andrew Monk could be rightly concerned about the amount of Leni Maths involved in BCN and REM figures. I seem to recall the goddess’s comment when asked about Lithium at the presentation she did at the establishment formally known as FS&LPH or it may still have been Real Man in those days, where she said Lithium is good, just go for companies whose production costs are in the bottom 50%. Until a proper BFS is done, nobody has any real idea what the production costs are likely to be or what the selling price of the actual product might be. It is entirely possible that when the processes are properly proven and genuine key figures are known that big Dave may well be awarded the Nobel prize for Chemistry to go alongside the Maths and Physics prizes he already has – I recall at least 1 Tweet where he said the low grades do not matter because the deposit is so big. Fascinated to find out how that works and feel sure the Nobel committee will be too. The conversion of an Alkali Metal (Group 1 of the periodic table) which Lithium is – it sits right at the top above Sodium and then Potassium, into a Rare Earth Metal (a Lanthanide – A mnemonic for the names of the sixth-row elements in order is “Lately college parties never produce sexy European girls that drink heavily even though you look” – so a subject that should be of great interest to you Tom) is worthy of a prize in Alchemy in its own right.

    As far as I am aware there is not another company that has a commercially producing project getting Lithium out of mud, so there is no operating cost comparator to the more established rock and brine lithium producers, which a mud project will be competing against. Additionally therefore there are no off take partners who are already set up to take muddy Lithium and thus they would potentially have significant capital costs to invest in order to be in a position to take the muddy product and convert it into high purity (99.95%) LiCO3 needed for EPV batteries.

    Being Lithium mad I am sure Andrew is fully aware of all the other Lithium projects due to come on line in the next few years to satisfy the demand from a bankrupt China that was reportedly desperate to get all its citizens riding around on battery powered bikes, rather than in pollution producing cars etc and was offering all sorts of inducements to their citizens to make the switch, whilst the West would still rather have a decent petrol engine that will get them from A to B without having to worry whether the battery is going to run low 10 miles from B and leave them crawling along like a Sinclair C5, especially now your daughter has debunked the global warming myth.

    An analysis of the relative market caps of REM and BCN, given how much of the BCN projects REM owns plus the true worth of the other REM “investments” might prove interesting.

  9. Can i suggest this post as one of most sickest post of the year on advfn…. the twat gives apologetic excuses for the IRA… and then goes one step further and creates some warped moral equivalence between negative posters and ISIS (I believe SP readers have voted this dick before as one of the tits of the week)

    http://uk.advfn.com/cmn/fbb/thread.php3?id=34726329&from=326

    Loverat 16 Nov’15 – 17:59 – 326 of 328

    Liquid Millionaire

    There was a time when I used to keep better tabs on these loons. It seems in the 12 years I have been here a few have died off (and in one case then risen from the grave) and I have lost track of others. And then we have the re-emergence of Tom Winnifrith and a new generation of his mug followers. This lot are more aggressive, dishonest and nasty than trolls from a few years back.

    How things change.

    I guess it reminds me of how things have changed more generally over the years and makes me think back to when I atarted work in London twenty five years ago and compare things to now.

    Then it was the IRA causing havoc. They were bad but most of the time at least they gave you a 10 minute warning. You might even manage to reason with some of them and negotiate the Good Friday Agreement with them.

    Now we are terrorised by the likes of ISIS. No rules, cowardly, evil and certainly can’t reason with them. Just like some of the folk here in some ways.

  10. Monk’s a spivy analyst not a broker. his VSA did so well when it was AIM listed. Lenigas must be crying into his pillow having the former heads of Rivington and VSA on his case. Blue chip critics

  11. I’m most disappointed that no mention of being pregnant or not pregnant today ..

Complete Coverage

That Was the Week that Was 7 Days of ShareProphets

Friday »

Greek Tear
NEW: Win an off peak week at the Greek Hovel and help me out contest
  • By Tom Winnifrith
  • 23 October 2026, 16:20
DEBS
Boohoo – emphasises “first time the group has delivered positive profit before tax since August 2021”, but has it really though?…
  • By Steve Moore
  • 23 October 2026, 16:20
Bearcast
Tom Winnifrith Bearcast: Am I shitting bricks abut the FCA and market abuse, a law suit or my portfolio? er...No!
  • By Tom Winnifrith
  • 23 October 2026, 16:17
RBN
Robinson plc – another “Trading Update” = another profit warning (natch!)
  • By Steve Moore
  • 23 October 2026, 15:07
PRD
Video: Crazy old coot knows why shares in his company tanked, nothing to do with a massively discounted placing of course!
  • By Tom Winnifrith
  • 23 October 2026, 12:41
DGQ
Delta Gold – that share buying spoofing is really not going well at all, as EK could have told you
  • By Tom Winnifrith
  • 23 October 2026, 12:07
GEX
Letter to the FCA – suspend Georgina Energy shares now and launch a full enquiry
  • By Tom Winnifrith
  • 23 October 2026, 11:34
GBG
GB Group – half-year trading statement, now a value Buy?
  • By HotStockRockets
  • 23 October 2026, 11:16
CRTA
Letter to Stifel Europe, Nomad to Cirata – do you still have faith in Stephen Kelly? Nobody else does!
  • By Tom Winnifrith
  • 23 October 2026, 10:35
GEX
EXPLOSIVE GOTCHA!: Georgina Energy has misled market 100% about its drilling permits ahead of 2 fundraises
  • By Tom Winnifrith
  • 23 October 2026, 09:55
VLRM
Valereum and the California $32 billon mining claim fraud Part 3, more red flags
  • By Tom Winnifrith
  • 23 October 2026, 09:35

Thursday »

IKA
Ilika – “Launches ORKA Brand for Marine Applications”, ramptastic?
  • By Steve Moore
  • 22 October 2026, 16:05
Bearcast
Tom Winnifrith Bearcast: helping Wishbone gerbils with maths on its cash crisis & the AQSE paradox
  • By Tom Winnifrith
  • 22 October 2026, 14:27
Crime-Scene
A Message from Paul Mathieson
  • By Tom Winnifrith
  • 22 October 2026, 14:14
FAB
Fusion Antibodies – a “delighted to have secured” contract win, attempted ramptastic?
  • By Steve Moore
  • 22 October 2026, 13:19
VLRM
Chat GPT analyses the Valereum LIES ( 2026 only)
  • By Tom Winnifrith
  • 22 October 2026, 12:39
JR-Ewing
Video: ‘Ragingly Tight’ Diesel Markets, Skyrocketing Inflation & The Escalating Iran War
  • By Tom Winnifrith
  • 22 October 2026, 12:30
VLRM
BREAKING: Valereum – this is FRAUD Part 2 on the California Bezzle
  • By Tom Winnifrith
  • 22 October 2026, 12:21
WSBN
A letter to London’s worst Nomad – re Wishbone gold and the planned rescue placing, is it 10p or lower?
  • By Tom Winnifrith
  • 22 October 2026, 11:27
ATG
Auction Technology – trading “slightly ahead of current market expectations”, but what’s already discounted in the share price?
  • By Steve Moore
  • 22 October 2026, 10:58
VLRM
BREAKING: Valereum – this is FRAUD Part 1 on the California Bezzle
  • By Tom Winnifrith
  • 22 October 2026, 10:27

Wednesday »

GELN
Gelion – full-year results, how “strong” ‘a platform to support the group’s next phase’?
  • By Steve Moore
  • 21 October 2026, 16:09
Bearcast
Tom Winnifrith Bearcast: Evil Banksta gets a Mobico financial kicking, thank heavens for Andrew Monk and his bodged placing
  • By Tom Winnifrith
  • 21 October 2026, 15:07
VINO
Virgin Wines UK – a full-year swing from more than £1m profit to more than £1m loss… so an argued “another excellent year of progress” (natch!)
  • By Steve Moore
  • 21 October 2026, 14:16
EDGE
BREAKING: Falconedge – statement needed, shares collapsing! Told y'all!
  • By Tom Winnifrith
  • 21 October 2026, 12:24
PBX
ProBiotix Health – Q3 update, a dealing with the “global uncertainty” Buy
  • By HotStockRockets
  • 21 October 2026, 11:17
DOM
Domino’s Pizza – Q3 update, is the emphasised “continued positive trading momentum” ‘tasty’ enough for the valuation?
  • By Steve Moore
  • 21 October 2026, 10:58
WSBN
BREAKING: Wishbone – looking to raise up to £2m at as low as 10p – City source
  • By Tom Winnifrith
  • 21 October 2026, 10:50
Fake_News
Camilla Tominey at the Telegraph claims BREAKING scoop on Liam Byrne MP -the shameless hussy is TWO YEARS too late!
  • By Tom Winnifrith
  • 21 October 2026, 10:30
KEN
Colin Bird tell me I am wrong: Kendrick Resources has no cash left at all
  • By Tom Winnifrith
  • 21 October 2026, 09:34
ECOB
Photo : Eco Buildings, perhaps this explains the share spike?
  • By Tom Winnifrith
  • 21 October 2026, 08:25

Tuesday »

TRI
Trifast – “confident in delivering further margin improvement”, but what about in overall profitability?
  • By Steve Moore
  • 20 October 2026, 16:29
Bearcast
Tom Winnifrith Bearcast: Probiotix and Invinity
  • By Tom Winnifrith
  • 20 October 2026, 16:23
G4M
Gear4music – I having last month noted caution on half-year performance, what about now a “Half Year Trading Update”?…
  • By Steve Moore
  • 20 October 2026, 14:27
ECOB
Eco Buildings – no I do not have a scooby
  • By Tom Winnifrith
  • 20 October 2026, 13:58
TRUE
Truetide – SMTM ( or lack of it)
  • By Tom Winnifrith
  • 20 October 2026, 12:47
IES
After Invinity crashes, the truth about its botched placing & who is next: A Vindicated Evil Banksta spells it out
  • By Tom Winnifrith
  • 20 October 2026, 12:04
TIN
Cornish Metals: £135 million fund raise at just 60p, am I being suspicious?
  • By Tom Winnifrith
  • 20 October 2026, 11:23
GEN
Genuit – I having written in May ‘a profit warning ahoy here?’, what about now a nine months trading update?…
  • By Steve Moore
  • 20 October 2026, 10:46
BSFA
BSF Enterprise and the patent spoof: an expert writes
  • By Tom Winnifrith
  • 20 October 2026, 09:44
Collapsing-Reactor
BREAKING: Alessandro Zamboni’s Nuburu censured by NYSE American SE for late publication of material events, the trap door of delisting gets nearer
  • By Tom Winnifrith
  • 20 October 2026, 09:20

Monday »

VLX
Volex – “profit expected to be towards the upper end of current market expectations”, but how’s the outlook?
  • By Steve Moore
  • 19 October 2026, 16:19
Bearcast
Tom Winnifrith Bearcast: 2 sets of red faces & a zero by Thursday?
  • By Tom Winnifrith
  • 19 October 2026, 15:44
GELN
Gelion – “Strong Independent U.S. Validation of Gelion's NES”, timely ramptastic?
  • By Steve Moore
  • 19 October 2026, 13:34
DGQ
Artificial Intelligence is not as clever as bear raider Evil Knievil, a self styled natural genius, – Delta Gold
  • By Tom Winnifrith
  • 19 October 2026, 12:56
MNTL
Technology Minerals fesses to Recyclus Winding Up Order from HMRC but there’s a bigger issue
  • By Tom Winnifrith
  • 19 October 2026, 12:27
IES
GOTCHA Monkey you smug bastard: Invinity bailout at just 10p
  • By Tom Winnifrith
  • 19 October 2026, 11:07
BMV
THIS SMELLS: Bluebird Mining and a spoof share buyback, has Sath passed the BVI solvency test?
  • By Tom Winnifrith
  • 19 October 2026, 10:39
MIND
Mind Gym – “the drive to advance cash receipts in the business model continues to prove successful”. Er, does it?…
  • By Steve Moore
  • 19 October 2026, 10:38
Crash
The great impending stockmarket crash of 2026/27 - a podcast with Lucian Miers Part 2
  • By Tom Winnifrith
  • 19 October 2026, 08:16
Boom
When Cult Wines goes tits up here’s my prediction, just look at Trustpilot!
  • By Tom Winnifrith
  • 19 October 2026, 08:15

Sunday »

Crash
The great impending stockmarket crash of 2026/27 - a podcast with Lucian Miers Part 1
  • By Tom Winnifrith
  • 18 October 2026, 16:54
Bearcast
Tom Winnifrith Bearcast: the stockmarket crash of 2026 and Syrian questions
  • By Tom Winnifrith
  • 18 October 2026, 14:21
AET
Afentra shares have plenty of upside potential whilst oil prices remain high - buy
  • By Gary Newman
  • 18 October 2026, 10:28
Gold
The View From The Montana Log-Cabin As Gold Is Marooned And I Take A Brief Look At Golden Prospect’s Prospects
  • By Nigel Somerville
  • 18 October 2026, 09:18
Quiz
The ShareProphets Sunday Pub Quiz #368
  • By Darren Atwater
  • 18 October 2026, 08:15
Blackboard
Visual Aid: The World’s Most and Least Taxed Countries
  • By Darren Atwater
  • 18 October 2026, 08:15
Reading
Sunday Long Reads: Missing Sheep, Perishing Eels, Karl Bushby’s Walk, Failed Romance, Buying a Filipino Bride
  • By Darren Atwater
  • 18 October 2026, 08:14
Top-10
Notes from Underground – Most read articles for the week ending October 17
  • By Darren Atwater
  • 18 October 2026, 08:13

Saturday »

Bobby-Moore
And the champagne from Lucian will go to……
  • By Tom Winnifrith
  • 17 October 2026, 14:51
FVA
An “ahead of expectations” and further growth potential Buy
  • By HotStockRockets
  • 17 October 2026, 12:09
Newsboy
How low can one fall after working at Technology Minerals: a chance to hook up with the Playboy bird via the Aussie sinner?
  • By Tom Winnifrith
  • 17 October 2026, 11:58
MEX
Tortilla Mexican Grill – discounted placing, states including “to accelerate value creation plan” but how much so really?…
  • By Steve Moore
  • 17 October 2026, 08:00

Friday »

PR1
Pri0rity Intelligence – this statement cannot be true, is the FCA talking about you?
  • By Tom Winnifrith
  • 16 October 2026, 15:49
Roulette
Pathos Communications – shares ‘only’ just over 23% down since December 2025 listing… so “Best Newcomer at the AIM Awards” (natch!)…
  • By Steve Moore
  • 16 October 2026, 15:30
Bearcast
Tom Winnifrith Bearcast: Why Amaroq will tell me to Foxtrot Oscar
  • By Tom Winnifrith
  • 16 October 2026, 15:22
Clown_Funeral
The FCA admits that it is utterly useless: Evil Banksta is left almost speechless as am I
  • By Tom Winnifrith
  • 16 October 2026, 13:59
Bear
Video: Fuel Rationing, ‘Hard To Go Wrong’ With Gold Miners & Platinum To Outperform
  • By Tom Winnifrith
  • 16 October 2026, 12:24
BMV
Bluebird Mining: Disgraced CEO Sath’s Skylake vehicle dumping shares what can it mean?
  • By Tom Winnifrith
  • 16 October 2026, 11:46
Confetti
Nuburu finally buys Tekne but reveals more massive dilution of its shareholders ( quelle surprise!)
  • By Tom Winnifrith
  • 16 October 2026, 11:06
AMRQ
Letter to Eldur Olaffson – time to sack Charles Archer and cleanse the Amaroq stable
  • By Tom Winnifrith
  • 16 October 2026, 10:54
THX
Thor Explorations – “Q3 2026 Operating Update”, a further cashed-up Buy
  • By HotStockRockets
  • 16 October 2026, 09:02
Collapsing-Reactor
The Morning after the AIM awards dinner – more bad data from the Casino emerges
  • By Tom Winnifrith
  • 16 October 2026, 08:58