Member Info for Aubery

Yuri.
I’d take that. 25%...
If it meant fully financed with first poly in 2021 and Torps in place.
Uncertainty is killing us.

WD
Madness.
We are mushrooms. Kept in the dark and fed sh ite
God knows how the markets will react to this article on Monday.... flight for the exit... or buying pressure on the hope of a 4p+ offer.
no sign of a leak as the volumes have been lowish...
Crackers.

JR
CF also had a point when he stated that Administration was likely if the JPM ST2 finance deal fell through.
Any investment strategy from here should mindful of that,I’m sure yours is.
A cautious approach....

Tex
Completely agree.
There are a few repeat offenders on here who constantly state what they have bought and topped up... no way to prove or disprove. Absolutely pointless.

JR
‘Could’ arrive
Not ‘should’ arrive
See PAAA explanation of what CF said.

Anyone have any update on the status of the SBR?
I’d have thought there would some news about the ‘launch’

King
Andrew???
You guessing FMG?

Fairly safe bet Malkis ...
Activity of Citi alone ....
Hardly insightful

Jordie
You sure the UK hasn’t bailed out or propped up UK car industry....

AlanG
How do explain the UK treasury bailing out UK banks to the tune of nearly £1T....?
Was the treasury really going to step in for TC... and the likes of Woolworths.... etc
Nothing to do with EU

Lots of 5000 trades.....

AlanG
How do you know there are more ‘buys’?

Not May
March, but you knew that JR

JR
The only part of the construction that is ‘ahead’ is the tunnel. We need a lot more completed than just a tunnel to unlock value.
All other parts (and there are lots) are likely to slip significantly.
To maintain the previous programme our cash burn would have resulted in all funds having been spent in Oct. CF has diverted and pushed back spend ( code for pushback of programme) until May. Eg. 300 folk working hard to make this happen having been laid off.

Thanks Myo
I did look at the Yara presentation this aft but not the actual report. Will take a butchers.
They look an impressive company.

Myo
I think there is a link up too with Yara

Yuri
I think there is some ‘hope’ of hitting first poly early and we could get the tunnel done early

But all the important bits to ‘ramp’ us up will likely get pushed back.... imo

First saleable tonnage was forecast in 2022 but this was us running construction at full hammer. This we now know is not happening.
My opinion is that the MTS fit out is at risk of push back (v expensive and low risk item) therefore our route to +ve operating cash flow will be pushed back also (from 2023)

10-year term that commences from commercial operations and includes a five-year extension option. Minimum volumes relating to the specific territories under the Agreement increase, in aggregate, to approximately 2.0 Mtpa in year five and further to 2.1 Mtpa in year eight

Is this based on the original programme of 10mtpa in 2024 and 13mtpa in 2026....

HTFC away win