Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Vote NO
My bad IBAB...........!
your a hero x 70% here....... :)
All the best (you punter you :()
The mine will be built chilting.........
Jobs, will be offered...... locals will benefit...... :)
All the best (stigma will remain............! )
Yep "guff"................!
and you still made a grand.......... lol
All the best (your a hero here IBAB.............. :()
If there is no other option on the table on 3rd March the net result of voting no would be to push SM into administration - the clock would have run down by then.
That would be wipe out for the shareholders and cause financial pain for the companies creditors - maybe some local firms in Yorkshire could even be pushed into bankruptcy.
Then AAL would pick up SM for even more of a bargain - so like it or not voting no would simply inflict more pain without providing any solutions.
Then buy some shares and vote, if in concerns you that much.
Your "Punt".......... IBAB
Pre "Punt", you posted an a lot of guff about "administration or liquidation" , "insolvency" was also a fav of yours , if memory serves............!
All the best (and yet you still carry on, after bagging your £1k...........? ;)
Vote NO.
ermm...... Bored*
All the best (not a plank :()
So you plague this BB because your board........!
I really thought there was a financial interest................:)
All the best (remember you making £1k on the AAL offer.............. :()
Bucky have you spent all your chocolate coin money on BT.A ?
IBAB........!
I don't hold any shares here, so I'm just looking in, 'n sat on the side lines........!
All the best (not planning anything.............. you..........? :()
******ks .
In My Opinion we will survive after a no vote
Russell Scrimshaw, chairman of Sirius, said: “We continue to face a stark choice that in the event of this transaction being unsuccessful, it is likely that the business will need to be placed into administration, which would result in shareholders potentially losing all of their investment.”
"likely" = not definitely
"potentially"= not definitely
But I guess it could mean they end for them????? sorry but not my problem !!!
ffc
Bucky” My 2 cents....”
Is that all They are paying you.
Only 759 posts in 30 days on SXX , and not invested , you are a legend.
I sold IBAB.............!
no dilution for me ........
And the end of the road for CF, unless he gets his plumb role at AAL, or his diluted holding ..........!
All the best (just my opinion :)
Unfortunately it looks like there won’t be another AGM :-(
Perhaps someone should suggest 2 new resolutions a share swap for AA shares that was suggested this week and my favourite AA ditch the whole SSX board with immediate affect once the deal passed ?
" if there was a deal that allowed CF and co to keep their company, do you really think they’d turn it down?"
He'd be voted out at the next AGM, lose his job, and be diluted............!
All the best (so YES..........! :)
IMO
Well MR Scrimshaw ,nothing personal but I'm voting NO
So for me it comes down to do I sell my shares now as almost same value as being offered by the deal and buy into some stocks I think have far more upside ? Or do I vote against the takeover and risk loosing nearly £3.5k ? To be honest I’m not sure there’s a plan B waiting as CF and merry band of ******s (sorry board of directors) have just thought about themselves. It’s a pity we don’t have a legal redress but I’m not sure being crap at running a project is crime especially on AIM !
Totally agree...think they are worried that as a high percentage of this stock is in PI hands they will struggle to get the 75% to pass. Either through people voting against or abstentions. To be honest I’m down £10k so not the biggest amount but enough to **** me off and agree with a lot of comments that I think CF has had this deal in the back ground a lot longer we will probably ever find out.
Sirius Minerals has urged its shareholders to accept a £405 million takeover by Anglo American or risk losing their entire investments.
The North Yorkshire fertiliser mine developer will put the 5½p-a-share offer to investors at a meeting on March 3 in London and needs 75 per cent approval for the deal to proceed.
Many shareholders, including Sirius’s estimated 85,000 retail investors, face heavy losses under the takeover and have been hoping for a better offer or for the company to pursue an alternative debt financing package. However, Sirius said yesterday that the takeover by the FTSE 100 mining group was “the only viable way forward”.
Russell Scrimshaw, chairman of Sirius, said: “We continue to face a stark choice that in the event of this transaction being unsuccessful, it is likely that the business will need to be placed into administration, which would result in shareholders potentially losing all of their investment.”
Sirius has spent more than $1 billion to mine polyhalite, a fertiliser, from a mile beneath the North York Moors National Park. It plans to transport it through a 23-mile tunnel to Teesside for processing. The project is estimated to cost a further $3 billion to get to production and Sirius launched a review in September after efforts to raise the cash failed. It recommended the Anglo takeover last month. Sirius shares were flat at 5½p yesterday, valuing the company at £388 million.
your sentence is correct, but in reverse. I don't think any of us expect to get every thing back, but we don,t want to be taken for fools !
Personally I don’t think nothing is enough.