Member Info for bigbench

I just think the assurances given that the money is en route must have been convincing enough for the operation to proceed with the survey..come next Monday if no funds have arrived a simple RNS just saying another push back date to the 16th just wont be acceptable.

Given this last statement I would of thought APEC would be pulling out all the stops to make sure the funds arrive before or on 9th Sept..(next Monday)

Snippit from last RNS...
As at close of business on September 2, 2019, no funds had been received in EXOLA's account. Accordingly, in granting APEC a further week's extension to September 9, 2019, written notice has been issued to APEC by Providence/EXOLA that, should the APEC Loan Amount not be received by the close of business on that date, Providence/EXOLA and Lansdowne reserve the right to end exclusivity, while also considering all legal remedies available to them against APEC for contract non-performance, including the re-assignment of equity in SEL 1/11.

My view is APEC were happy with this loan and the terms...but if it is being held up by Chinese red tape and is nothing to do with APEC (they have provided proof its left their acc) they must understand this is damaging to all parties involved ..especially APEC ...and give more clarity on when it can be expected to complete... another week/month/3months? I assume its expected imminently hence just the weekly pushbacks and not Q2 or Q3 which could been seen as positive, lets hope the mention of alternative funding arrangements will be the push that's needed.

...are you going to change the ticker to TALY anytime soon?.... LION is FInished.

Very true dj... I hope the tally app & card go from strength over the coming months and I believe they will with Railsbank behind the scenes...It will be crucial to get decent backing on the IPO...if it's over subscribed then all the better and day one will be a scramble. Like all of us here I've got plenty tied up here and effectively written off so I won't be in a hurry to sell when this does come back as long as Tally offers what looks like a rewarding future...like you said we deserve something for the last few years suffering!

...I hope the fence sitting undecided don't wait to long ...I don't like seeing people miss out.

Good post dj.

Surely come IPO time our cash & assets (RB +mines ) will be taken into consideration let alone the potential value of Tally of course.... So quite possibly higher than 2.65 delist is on the cards

True...this is not a good share....ITS A GREAT ONE!

...a massive 4.2% jump tonight and almost back to 61bucks.... Nice timing for MB to announce a mega million barrel find.

I'm hopeful the survey is going ahead...does that show confidence the PVR know the money is Definately coming ....from one source or another.? The fact they have said they will look at alternative funding if the Chinese money doesn't arrive may have given the poke to get them moving. I'm sure they had a plan B all along which don't not involve a Chinese takeaway!

Our investment in RB could well be the best move CP has ever done..... new company in at the start... lets hope RB pile in to Tally when IPO time comes around!

Quiet before the storm I see

;-0...…. im sure that's Mike Buck milking one of those Yaks..... at least I think he's milking it. ;-)

…….don't be fooled

Follow the money RH187..... that's what they say? ………..anyone rule out positive news tomorrow or Friday??? Surely not.

Jokes aside something is going on.....plenty decent buys rolling in before COP

Next week when MB announces a gusher those Yaks are getting luxury feed & coats for the winter!!!

A Mongolian Yak herder must of rescued one of his animals from 2ft of Oily ground! ….Then went home opened up the laptop and bought as many shares in MATD as he could!

There will be on Friday when news lands saying the cash is delivered!

Im not selling my 17 shares till this hits a £1