Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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The wait continues.
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Anybody know how many shares they will get for this debt:
As a result of the Company's continued financing of HEPI, as of 30 June 2019, HEPI owed the Company approximately US$124 million by way of an intra-group debt ("Intra-Group Debt"). As part of the Transaction, the Company proposes to (i) capitalise substantially all of the Intra-Group Debt as at the date of completion of the Transaction ("Completion") in consideration of the issue by HEPI of further shares in HEPI; and (ii) waive its rights to the repayment of the remainder of Intra-Group Debt such that the remainder of Intra-Group Debt will be written off and HEPI will not have any indebtedness to the Company following Completion ("Capitalisation and Waiver"). This means that the Intra-Group Debt will no longer appear in the Company's financial statements. In the event that Completion does not occur, the Company will not proceed with the Capitalisation and Waiver and the Intra-Group Debt will remain outstanding.
This is hugh news here, when you consider they’ve been going round in circles with the Indian courts! It’s been some 8years just waiting to enforce a ruling which could easily take another 8 years!
Have you seen the monumental losses there, best thing bod have done. They’ve cut their losses..and can move on.
Yes saw this, at least it draws a line under everything.
CONDITIONAL SALE OF HEPI
Continues apace.
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Back into double figurines at this rate .
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Yup agree the price is ticking up nicely
The rise continues towards ground breaking news.
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Seems that slowly Handy Oil is breaking towards freedom.
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wrong board was meant for CLNR
Wednesday then that was clearly todays leaked news
Means It could be an Elephant .
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means its really irrelevent
do some sums on the trades - amazing how they nearly balance throughout. nothing on Twitter. nice attempt at catching some poor souls!
Smoke & mirrors perhaps.
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Can't see anything on Twitter? Do you have a link? Thanks,
There’s a leak mentioned on Twitter...
!
!?
I’m not in Pal lol
fully agree ...............sell now
Crazy how a stock can go to 150% of its Sp and just drift back.
Actually... looks to be a sell... was when spread tigtned earlier and buy were at 6.2