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TW names the guilty ones. AW/PS/Iqbal and Allenby plus brown envelope man ZM. Funny how they are all men...not sure about Allenby. Time to launch a new US coal company I think.
Looks like it is going under and shares will be suspended.
Looks like they filing for bankruptcy according the Virginia bankruptcy log.
Just spent $10M over the last few months. Now market cap on $2.M. Damn big value destruction going on here. I do not see them getting further loans. Administration soon.
I got in at 10p out at £1.14… so it’s Charlie at mine lol come round the back door and knock twice ( thumps up emoji and be quite)
You dreaming or on the Charlie again Erik?
Hang on pal… you made 80k yourself lol
Ok ok you shoved it into Evraz for the dividend but unfortunately Putin decided you ain’t having any of it lol..
I reckon Iluvrawfish is Putins alter ego LMOA..
I believe one of them made a six figure profit here when the SP was around the £ level.
They have a lot to fxxcking answer for
You’re doing a good job keeping your messages in the Latest Share Chat column!
I mean, that’s what you’re being paid for isn’t it?
Your Shorter Boss must be proud!
Ilovesushi
“ The company will have no choice but to suspend the shares and put the company under administration in order to protect the lender and protect the assets.”
Strange they didn’t put that in the RNS. Perhaps you should phone the nomad and point out their error?
The company will have no choice but to suspend the shares and put the company under administration in order to protect the lender and protect the assets. Nothing for shareholders left. Avani will not advance further loans. There is no point. Wind the company down and take all assets to cover loans.
Small shareholder will not want to see this outcome but it is coming. Why put more in and keep a listing? It will get the company for free by refusing further loans. DELISTING on the cards.
...and not reply to those with shorting agendas. Otherwise they're getting paid for it as well.
Let's see what Avani come up with.....
The energy transition is real. (hopefully)
GLA
There is no viable business here. With staff gone, there will be little production. No value left here for the shareholder. Someone will take this over from ADMINISTRATORS. We know who will work this out. Shareholders to lose out.
It will not come out of care an maintenance. Yes value for someone perhaps. Shareholders wiped out. AVION to take over in a private deal looks like.
Rob1967
Thank you for being polite!
:-)
Can't buy a bean RN
It's a shell that owes a fortune on the basis that it will deliver coal.
It's not producing.
Even when it starts again it will need cash to get going.
Share holders will be left with nothing
DYOR and not advice just my expectation.
Brave man…
I reckon BEN is worth more than £1.5m, so I bought.
Not that I’m advising anyone else to!!
Ilovesushi gloating I see... makes you feel good ? get a life
DOWN 40%
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