Member Info for Bannor

You should read this link ... contract is to run until Sept 2019 after talks for a contract April 18 to Mar 19 broke down....

http://www.mining.com/web/glencore-tohoku-electric-set-coal-contract-price-109-77-t/

Looks good but I'd be more interested if I could find anywhere the Incoterms of supply so we had a potential cost base to measure it against... no-one seems to be talking overmuch about the detail of it though....

Was the buy at 08:25 on the 16th ...... someone need the price of a curry?? LoL.

It's OK MB - you can come out of the closet now :-)

Dilution matters not a jot for us at this point ... the only thing that's matters for us is the number of shares owned multiplied by the SP... whether that's a fraction of a percentage or just shy of 6% .... full funding will generate an increase in the SP from today's price wherever if comes from @ whatever price in my opinion wherever it comes from..

Frankie.... re rise & fall.... as I indicated yesterday (& repeated below) .... the pessimistic part of me explains it.... I would also suggest a read of Earache' s post at 01:35 this morning on the EMH board....

From yesterday concerning the EMH offer:
....my concern would be that if there is no indicative value is it realistically a genuine offer.... the optimist in me wants to see it followed up with numbers, timeframes etc.... the pessimist in me is saying there's nothing in a letter that carries no detail that can be referenced subsequently... I could write to Rolls Royce saying I want to buy out the car division .... EMH confirm no discussions have occurred & nothing is really formally on the table.... have KGI simply created a spike to sell into at the cost of PI's....

Waiting to see but not holding my breath....

Do you think it wouldn't ..... & then some on the full funding to mine???

I should add that perhaps they should buy back our own shares in the couple of Billions at this SP & write them off ..... that'd be a really smart move in my opinion...

Ivy ... dilution as a % of total holding from an equity raise is pretty much irrelevant in terms of value ... what matters is the price per share....

Right now if BCN were to raise equity by issuing 400,000,000 shares at 25p each we'd be no worse off financially if we held 5.93% as now or 1% of the enlarged SCAP... assuming that BCN's SP would rise after such a raise the monetary value of our holding would increase accordingly...

Selling to protect against dilution is a non- starter as far as I'm concerned & this is for another reason entirely in my view.... protection against a further decline or to partake in another project/funding, pay off debts & loans or pay salaries take your pick but protection against dilution naaa not for me.

We mustn't forget they have mining & financial 'experience' (nee stated 'expertise')...

Gotta say I've got mining & financial experience too & I don't think they're doing any better in their portfolio's than I am currently!!

Do you mean.......doggie!!

If you want the best you have to pay for the best, chocolate coated hob-nobs don't come cheap said Mrs Padovsky in an interview.....

Table a motion he's a pouffe.....

Probably most things.... if it's he who trims his Bush in the garden at weekends (neighbours apparently !!) :-))

.....my concern would be that if there is no indicative value is it realistically a genuine offer.... the optimist in me wants to see it followed up with numbers, timeframes etc.... the pessimist in me is saying there's nothing in a letter that carries no detail that can be referenced subsequently... I could write to Rolls Royce saying I want to buy out the car division .... EMH confirm no discussions have occurred & nothing is really formally on the table.... have KGI simply created a spike to sell into at the cost of PI's....

Waiting to see but not holding my breath....

https://mobile.tmxmoney.com/quote/readnews/?id=7609341802648786&symbol=MMS

My shares APP is now showing KDNCY as delisted finally......

....looks to me like snippets from the Oct 01st 18 RNS.....

Oops - just noticed too many Zeroes on the CLY price it should be AU$0.001 which is still ****e....

Grrrr....our END of year results!!