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Latest posts for JJ showing are from 13th & 14th June. Rest have gone walkies.......
I think it starts with striking a deal with the Georgians to ensure longevity on the patch. From there you can seal the deal with our SM friends and they pay off Hope, shut down the legals and settle out with your shareholders.
I think we're still sitting at the Georgian stage at the moment and Zaza stepping aside is part of the deal. We may well be about to move to the SM stage.
All my wild guesses!!
Bezzy
maybe we're about to be fully bought out and there's no longer a need for a CEO?
My glass remains half full for now.
We could hypothesise and come up with many reasons for why this may be good or indeed bad. We've been doing this all along the journey to date at every turn of the page.
For what it's worth, this looks orchestrated. Clearly someone in the know saw this coming down the line. Makes me think this is planned, and I'd like to think in a good way.
Let's put it this way - I'm still happy to be long here. Not sure how I'd be feeling right now if I was on the other side of the fence.......
Bezzy
Evening tsbs1,
Are you trying to be ironic?
Bezzy
Yep.
What she / he said.
Bezzy
I’m with WHam,
We should leave Zaza to reach a conclusion here. I’ve seen shareholders get involved in the past and it hasn’t served the company or the shareholders well.
ODR
Snap!
Lol
Oh! And another question - Are we nearly there yet?!?
Why would LSE remove the string of posts piecemeal? Why not all in one go? Very strange? As if they didn’t fully extract it and someone prompted them to go back and do it properly? Or was it just our commentary? Conspiracy theories abound!
Who said anything about new management? Who said Zaza is no longer a shareholder.
I think some are getting a little too carried away with an unproven "fact"..........
Mine was removed earlier and there was nothing contentious in it.
I think.......
Morning All.
I’ll add my thanks Looed.
erazzel,
That took me back a couple of decades or three!!!
https://www.youtube.com/watch?v=xlk41V6EVpA
Morning Looed,
Great work as ever.
“Zaza - Exports were closed to us illegally. It's just that the state railway no longer provided us with tanks to export our products. It froze our accounts completely illegally. That's why we can no longer meet our payroll obligations, but as soon as the state adheres to the terms of the contract and allows us to work under the terms of the contract, of course, we will immediately restore normal workflow and settle that debt with all the employees we have.”
If Zaza could evidence and share this publicly, surely this would be a killer blow to GD?
Bezzy
Great effort Looed, as always.
Bezzy
Thanks for sharing the information, Earsbern.
I do hope it's a good sign of confidence, as you say.
Bezzy
...but what do we give in exchange for the licence extension? I think the GG want a bigger share of the spoils - especially if a sale is on the cards.
Morning All.
Great work, Looed, as ever. I particularly like this passage in Pt. 4:
"By the way, I’ve also listened to you previous speakers, politicians, and now I want to take a chance, and tell you that I don’t know if this is happening because of political correctness, but I would urge everyone to speak out about it out loud. Because, in practice, their silence is an agreement with the government to continue persecuting and harassing American businesses and American companies."
Nothing like pouring on a bit more political pressure! Zaza clearly knows what he's doing here and seems to have achieved the "sit around the table" now. Let's hope that has a commercially acceptable (and swift) outcome.
Bezzy
Evening All,
I am really not worried about share certificates etc. For one reason - my holdings show in my SIPP and a "Fund & Share Account" (i.e. dumped out of the ISA, but still there). For another, there is an audit trail for everything we have bought and sold. Your broker knows how many you hold.
More important is the resolution of this "little discussion" with the GG. If we get through that without getting turned over, we can then think about whether we get bought out / re-list / stay private. Either way - we'll still have our shares.
I hope that helps,
Bezzy