Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Calamari
We shall have to agree to disagree then !!
one thing though
A little fishy was maybe just a little understated and probably does not do justice to my actual contempt to all this !
ffc
A dieu - minmin - bon courage et bon chance.
"she pointed out that if Sirius had notified the Markets that the was an offer of Funding in December ?"
But if offer couldn't be executed then you'd be creating a false market in the companies shares.
If knowlingly it could never be accepted they could have been charged with misleading creditors (and the markets).
If they were fully financed they might issue a "may or may not notice", but if the offer didn't deal with the concerns they had, running out of cash withing a matter of month, then what would the point be?
If they had, and If the offer then didn't materialise, then it would have just been another red flag indicating the perilous position they are in. The premium offered by AAL might then have been on an even lower share price....
Absolutely spot on ffcmember. Surely this offer of funding had to be released via RNS as it could materially have an effect on the share price.
The fact that it wasn’t is my biggest bone of contention.
I am now about to exit never to return to single company investing- I leave £20k down - not life changing for me but a big enough dent.I still believe my judgement in the project was correct. My mistake was my judgement in the BOD to deliver it!!
I wish you all the best with taking collective further action but fear the “system” is against you.
The mine will be built and will be a huge success in time and will also be rolled out no doubt by our government as a great British success story........
Calamari
If their wasn't enough time when only half way through the review ???? then the review should have started earlier or been allowed to go longer ..
and don't forget the dob suggested that these people were already probably i the mix because of the bond proceess in August ...
Calamari you can refuse to see a scam here but it smells bloody fishy to me
ffc
BTW
I'm not sure if you all read the post from Patricia that I forwarded earlier but she pointed out that if Sirius had notified the Markets that the was an offer of Funding in December ? It would have sent the share price much much much higher ???
Now I wonder if an offer of 5.5 pathetic pennies could have been recommended then ????
That my friend has to be a very very important point ???
Thank you Patricia
ffc
No calimari
Borrow money
They Can't ??????????
that's the big question/con isn't it ?
we were offered funding in December the bod are suggesting there was not enough time to complete ( I disagree) so they have shafted us with this insult of an offer !
"SH not count for anything anymore"
You've had an offer, so yes you do count.
If the offer doesn't get accepted, or an alternative offer doesn't appear, and the company falls into Administration then you go to the back of the list.
It's a simple as that.
Apparently Ambience ,yes two guys that are heading up up have spoken to the DM and that they are hopeful of a follow up article on Saturday !
ffc
Thanks Myo
I'm in agreement with you as to the future of the mine and all its benefits !
That does not alter the fact that an offer for funding was on the table in December so The end result could have satisfied those wishes AND satisfied those of us that wanted a meaningful return financially too !!!
Yuri
Just to be clear I'm not looking for a few crumbs myself !
exactly ! why would they if they can get this passed without ?
Vote no I say !
IBAB - re your last post - okay then - but aren’t SH owed some sort of update/explanation/answers - or do SH not count for anything anymore - one thing’s for sure they weren’t dismissed at planning/OO offers etc etc
FFC was that why the article was written then so we gave already spoken them - sorry limited access as out gardening so cannot see all being said in ShareSoc etc
ffcmember -
Why would the throw extra crumb in?
There's no justification in this, even declared £400M is too much considering absence of other options (but it seems to be just enough to ensure continuity of operations for some time without further immediate £ injections)
So Myo are you saying this is a done deal and that the best we can hope for is to be thrown a few extra crumb from aal to " soften" the blow ?
Sorry but I for one would not be happy .
we had an offer of funding on the table ffs
Regards
ffc
BTW
We have two of the organizers from sharesoc to thank for talking to the Daily Maiil !
Hi mickybee.
Indeed. It seems that the b.o.d were not acting in the shareholders best interests.
For those that would question this,please join sharesoc and introduce yourself on the forum.all is not lost yet.
https://www.thisismoney.co.uk/money/comment/article-7922163/ALEX-BRUMMER-Sirius-Minerals-backers-shares.html - probably already been posted, would be a better option, giving shareholder shares in Anglo American, would feel not is all lost