UK 10:56 Monday, 21 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Logo
Menu

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. 

This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.

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

Monday »

MTC
Mothercare can’t say its screwed too often
  • By Tom Winnifrith
  • 21 September 2026, 10:45
KEFI
New, or not so new, anti Government alliance in Ethiopia – am I panicking about Kefi? No.
  • By Tom Winnifrith
  • 21 September 2026, 09:49
Sinking_Ship
Today's Ayn Rand quote, tell me it's not true
  • By Tom Winnifrith
  • 21 September 2026, 08:07
Boom
EXPOSE: Amazing AI – Companies Act contraventions undertaken by Paul Mathieson
  • By Tom Winnifrith
  • 21 September 2026, 08:02

Sunday »

Bearcast
Tom Winnifrith bearcast: explaining balance sheets to a Skins owning lunatic
  • By Tom Winnifrith
  • 20 September 2026, 19:13
Top-10
Notes from Underground – Most read articles for the week ending September 20
  • By Darren Atwater
  • 20 September 2026, 18:00
Gold
The View From The Montana Log-Cabin As Gold Firms In Response To Fed Hike
  • By Nigel Somerville
  • 20 September 2026, 09:12
Quiz
The ShareProphets Sunday Pub Quiz #364
  • By Darren Atwater
  • 20 September 2026, 08:28
Reading
Sunday Long Reads: Lucy Letby, Paul Smith, American Age, Mining Guam, Montessori Ponzi
  • By Darren Atwater
  • 20 September 2026, 08:27
Blackboard
Visual Aid: The Top 10 Sectors for Foreign Investment in 2026
  • By Darren Atwater
  • 20 September 2026, 08:27

Saturday »

Boom
UPDATED: Lucian Miers & Jim Mellon are coming back to Sharestock in 2027: early bird tickets now on sale, event 15% sold out!
  • By Tom Winnifrith
  • 19 September 2026, 16:57
Bearcast
Tom, Winnifrith Bearcast: hope and despair
  • By Tom Winnifrith
  • 19 September 2026, 16:55
DEBS
Boohoo Group – emphasises “turnaround continues at pace”, but how materially compared to the valuation already?
  • By Steve Moore
  • 19 September 2026, 13:21
Roulette
'The Takeover 12' Great British Takeover stakes competition leading picks performance update – some improvement...
  • By Steve Moore
  • 19 September 2026, 13:21

Friday »

Bearcast
Tom Winnifrith Bearcast: the Sydney Sweeney row with the Mrs and daughter 2
  • By Tom Winnifrith
  • 18 September 2026, 15:40
TEK
Evil Banksta weighs in on TekCapital after today’s spooftastic RNS
  • By Tom Winnifrith
  • 18 September 2026, 15:10
SBTX
Good news travels fast but bad news….the case of Skinbiotherapeutics
  • By Tom Winnifrith
  • 18 September 2026, 11:50
MTC
Mothercare: the end is nigh, don’t blame Trump, I told y’all eons ago
  • By Tom Winnifrith
  • 18 September 2026, 11:25
Collapsing-Reactor
EXPOSE: Nuburu shares in a slump post relisting on American Stock Exchange and latest accounts contain a material error
  • By Tom Winnifrith
  • 18 September 2026, 10:57
Boom
Letter to Pointon Young, former auditors to Amazing AI
  • By Tom Winnifrith
  • 18 September 2026, 10:25
SATS
Reinvesting my Satsuma Winnings
  • By Tom Winnifrith
  • 18 September 2026, 09:50
TRB
Tribal Group – “Proposed Acquisition by Main Capital Partners” provides us with another share tip winner
  • By HotStockRockets
  • 18 September 2026, 09:34
QDE
Quantum Data Energy - why are its shares still suspended?
  • By Tom Winnifrith
  • 18 September 2026, 09:14
Boom
EXPOSE: Paul Mathieson and the strike off: you might think that, I could not possibly comment
  • By Tom Winnifrith
  • 18 September 2026, 08:53

Thursday »

MCB
McBride – having argued earlier this week “transformational future growth”, now CFO “Sale of Shares”!…
  • By Steve Moore
  • 17 September 2026, 16:25
Bearcast
Tom Winnifrith Bearcast: Hang on for the PS in the podcast
  • By Tom Winnifrith
  • 17 September 2026, 15:44
CRTA
EXPOSE: Stephen Kelly’s CV – why the Cirata boss has to go and its not just the SEC investigated stock options scandal
  • By Tom Winnifrith
  • 17 September 2026, 13:43
INSG
Insig AI – “pleased to announce… results for the year ended 31 March 2026”, why then not announced until now?…
  • By Steve Moore
  • 17 September 2026, 13:34
OPTI
Optibiotix Interims – get your cheque book ready Adam
  • By Tom Winnifrith
  • 17 September 2026, 12:38
Bear
Video: Rigged Markets, Why The Real Bubble Is In Government Bonds & Revaluing Gold
  • By Tom Winnifrith
  • 17 September 2026, 11:11
ABDP
AB Dynamics – “performance for FY2026 is expected to be in line with the guidance”, not the initial guidance though!…
  • By Steve Moore
  • 17 September 2026, 11:10
CRTA
Cirata letter to FCA & AIM Regulation: was bad news suppressed ahead of fund raise? I bet it was!
  • By Tom Winnifrith
  • 17 September 2026, 10:04
PAF
Pan African Resources – full-year results, a winning share tip still Buy
  • By HotStockRockets
  • 17 September 2026, 08:45
AVCT
TW does not understand the science and maths at Avacta so what do Evil Banksta and Jim Mellon say?
  • By Tom Winnifrith
  • 17 September 2026, 08:14

Wednesday »

Bearcast
Tom Winnifrith Bearcast: Joshua turns 10, congenital idiots turn on me and a victory lap as Cirata crashes, the FCA should be all over this
  • By Tom Winnifrith
  • 16 September 2026, 16:42
SMWH
WH Smith – argues “solid peak trading”, but how ‘solid’ really?…
  • By Steve Moore
  • 16 September 2026, 16:03
AVCT
Avacta: it’s a spoof says Evil Banksta add to shorts into the share price spike
  • By Tom Winnifrith
  • 16 September 2026, 14:32
ADF
Facilities by ADF – interims emphasise its “strength”, so a trading warning (natch!)…
  • By Steve Moore
  • 16 September 2026, 14:25
Newsboy
BREAKING: Farewell Oak Securities hello Crest Corporate Brokers, oily Jerry Keen & team jump ship
  • By Tom Winnifrith
  • 16 September 2026, 13:32
HUI
I try to be fair and show balance
  • By Tom Winnifrith
  • 16 September 2026, 12:24
BMV
Writing to Bluebird Mining Ventures & the FCA as the company tries to steal my warrants
  • By Tom Winnifrith
  • 16 September 2026, 12:12
CTA
CT Automotive – interims emphasise “revenue increased”, but what about the bottom-line?…
  • By Steve Moore
  • 16 September 2026, 12:07
Boom
Amazing AI – Auditors Resignation letter in. Oh dear. What is being hidden?
  • By Tom Winnifrith
  • 16 September 2026, 10:18
BRES
GOTCHA: Blencowe’s Ralston axed after my FCA intervention and loses options but the company is still talking shit
  • By Tom Winnifrith
  • 16 September 2026, 09:50

Tuesday »

Bearcast
Tom Winnifrith Bearcast No 2: back to the 1970s
  • By Tom Winnifrith
  • 15 September 2026, 16:42
ALU
Alumasc – full-year results, a “resilient performance” and a “positive start” to this year?
  • By Steve Moore
  • 15 September 2026, 16:25
Clown
Dr. Jeevun Sandher MP celebrates wage growth – a new contender for dumbest Labour MP out there
  • By Tom Winnifrith
  • 15 September 2026, 14:06
BRCK
BRCK Group – “the board’s expectations for the current financial year remain unchanged”, but how creditable is that?…
  • By Steve Moore
  • 15 September 2026, 13:21
STAK
Breaking: Stack BTC, Direct Bullion, Paul Withers and Nigel Farage, this is just so sleazy
  • By Tom Winnifrith
  • 15 September 2026, 13:02
Boom
Amazing AI – Oooh Er Missus, what's this I see?
  • By Tom Winnifrith
  • 15 September 2026, 11:53
Crime-Scene
Expose: Africa Bitcoin Corporation and Guild Advisory: no prizes for due diligence here!
  • By Tom Winnifrith
  • 15 September 2026, 11:30
MPAC
Mpac – interims, how positive is “outlook for the full year remains unchanged following the company’s update in June”?
  • By Steve Moore
  • 15 September 2026, 11:08
Bearcast
Tom Winnifrith Bearcast: a long chat with Harry Adams
  • By Tom Winnifrith
  • 15 September 2026, 10:29
BRES
Letter to the FCA: If you do not prosecute Mike Ralston of Blencowe, you admit you are useless
  • By Tom Winnifrith
  • 15 September 2026, 08:51

Monday »

Curse_Of_ShareProphets
Question for Ms. Frankie Davies of Baker McKenzie re Paul Mathieson
  • By Tom Winnifrith
  • 14 September 2026, 16:42
LIKE
Likewise Group – a competitor backdrop changes Buy?
  • By HotStockRockets
  • 14 September 2026, 16:39
FAB
Fusion Antibodies – full-year results argue “another year of important progress”, but why then not announced until now?…
  • By Steve Moore
  • 14 September 2026, 16:25
Bearcast
Tom Winnifrith bearcast: Crime pays
  • By Tom Winnifrith
  • 14 September 2026, 16:03
CER
Cerillion – after I wrote in June ‘is it really “on track to deliver FY26 financial targets”?’… “it is now apparent to the board that the year’s outturn will be behind consensus market forecasts”!
  • By Steve Moore
  • 14 September 2026, 13:55
AML
A stock to short from Sharestock
  • By Tom Winnifrith
  • 14 September 2026, 13:23
SCGL
EXPOSE: Sealand Capital Galaxy Limited – HK/Cayman deal – utter nonsense on stilts
  • By Tom Winnifrith
  • 14 September 2026, 12:57
DATA
GlobalData – a ‘plan’ “to drive long-term value creation”… with a profit warning having argued earlier this year “Primed for Growth in AI Age”!
  • By Steve Moore
  • 14 September 2026, 12:19
BRES
Blencowe Resources – why is CEO Mike Ralston not in jail and instead being rewarded for his crimes?
  • By Tom Winnifrith
  • 14 September 2026, 10:05
UJO
Is Union Jack breaching the 2018 Data Protection Act 2018 and thus committing a criminal offence?
  • By Tom Winnifrith
  • 14 September 2026, 09:44