Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I am not trying to put a dampener on this, I have almost 150,000GBP in here and it is devastating to have lost it so I am very keen for this to work, as my forthcoming retirement at age 67 is now on hold. I just want to know a bit more about what is going on. Bear in mind that although I have asked several times, I never found out why the request for a general meeting made by the legal team was fond to be deficient and so denied.
Markshaw, yes, there are some things that do not look as I expected. I thought we were dealing with Setfords, a firm with a team of 500 lawyers. Admittedly it looks as if it is just an umbrella for work to be put out to individual lawyers rather than a large firm. However, we now seem to be employing Carlton Elleker Chase, a company with 2 directors, Joel Barry and Michael Cotter. The company changed name from Barry Legal to the current name last month, and did have a winding up order last year which was cancelled. The company's registered office is a residential house in Richmond, Surrey, and the address on the emails (misspelt) is in a building in Lodon EC4 where there are more than 200 companies using this address.
So I have some reservations about us all jointly handing them 150,000 GBP, as this legal practice seems to have been set up last month, probably just for this claim. I am sure that the CAG and Michael Cotter can explain all this to our satisfaction?
Https://www.justgiving.com/page/ryan-gaffney-1692272600856
Don't forget this at the weekend, he helped steal our money.
'Some seem optimistic or implying interest but would need at least 2 interested parties to go against each other and not sure the time is available for that.'
leew, I am sure that the optimism over the weekend comes from this statement by RBMInvest at the end of last week:
'At present, given the strong indicative interest being shown in the COPL assets, we are monitoring the situation closely as a restructuring solution is still a possibility. '
It certainly has given me some optimism, in the hope that it leads to more than one LOI before the dealine of 17th April. Of course, the SL also has the option to join in the auction if they have a strong buyer for the assets too, so one other bidder could be enough. I would, however, love it to be several bidders!