Member Info for Bannor

MMS TSX Trading halt ....
https://web.tmxmoney.com/article.php?newsid=5259474327133956&qm_symbol=MMS

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02264719

.... you're not Observers brother are you LoL

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02264107

https://web.tmxmoney.com/article.php?newsid=8594039674547286&qm_symbol=MMS

We'll see......... alternatively they could issue 45M+ additional shares to Krupa for the 30% they're looking for & additional shares for a Czech IPO ... it's not everyday someone knocks on your door with such an easy path to raise funds....there's still a fair amount of funding required ..... currently they should be able to do that for what........... 15.5p a share!! .... maybe Krupa's interest is what provided the Czech listing considerations..... what do you think .... but then let's see eh LoL

.....yes that's me being misleading apologies..... I just meant to indicate there was more to the 'history' than I'd outlined above.... Greenland is indeed gone, no longer, fallen of its perch, deceased, the air in its lungs have been shat out it's pants.

Most of the pages are marked January 2020 ... don't know if that's just poor or it means the pages have just been reused from January & the only pages that have changed are the ones dated July 2020

......of course it's also possible an agreement with the banks has been completed & a vessel being sourced for imminent departure..... well it's possible at least LoL :-)

Table 4 - export storage section 3 Ores .... @.36 per tonne per 10 day period I make that R$16,200 (just under US$3,100 or GBP£2,350) per 10 day period or part thereof for 45kt .... peanuts in the great scheme of things but I wonder how many 10 day periods we've had & how many to go ....

Let's hope the storage rates aren't too high .....

......ah but they're an established exporter with a demonstrable successful shipment record from the port..... whereas we've just appeared and done nothing so far other than demonstrate uncertainty & delay..... the two parties will be treated & viewed quite differently by the port operators & agents.

Yes ....if the ports busy they may have said to DEV name the vessel or lose the slot/reservation & come back to us when you've got a confirmed vessel booking

http://serveporto.com.br/macapa/

DEV noticeable by its absence currently!!

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02262818

Possible I guess but unlikely in my opinion ..... unless they've decided to change its cargo use .... the clean up required after carrying ore to recommence with Agri/foods would be quite costly I imagine ...... I suspect we need to keep eyes peeled for an established bulk load ore carrier personally ...

According to this it's Agricultural
https://www.fleetmon.com/vessels/navios-centaurus_9590072_3277795/

.....We'll see ....

OK let's at then for the sake of it that you're right & the £1.6M is a good thing LoL...I repost my corrected earlier mail below.... which now reads......... pretty much the same actually ....

If you want to focus on something worth griping about & unforgiveable (in my opinion) focus on the $15M loan that has been rejigged, reorganised & still hangs over us like a black cloud.

Consider how much we spent on buying into CLY & AOU & how much on increasing direct stakes in BCN/EMH/MMS....

..... then ask yourself how much value we have in our current (or now non existant) holdings in the above...

... then ask yourself how much of a holding we already had in BCN/EMH/MMS before the loan in any event to understand the magnitude of that decision by our BoD & their other actions in between..... (don't forget we already had our 30% JV's in YANGI & SONORA by then)

Amapa will be an absolute life saver if it comes off & as I've said it looks to me as well thought through, well structured & planned with appropriate breaks & safeguards in place in case it fails or falters in value... .. but also don't forget it's at the cost of further debt & dilution, which to me in this instance should be well worth it.

OK.... we'll it only took a couple of mins & I'm sitting in my car on a ferry otherwise twiddling thumbs however this line from the 2016 annual accounts is what I base my understanding on, not sure why you think this should be considered positive in some way....

" Profit before taxation was adversely affected by a one-off financing (£1.6
million) charge associated with the issue of warrants linked to the US$15 million convertible loan note issued during
the year.