Member Info for bigsmoke

The debt holders might have conversion rights. If they do that they surely the debt goes down as the volume of shares goes up. The net effect, from his point, being you might hold a smaller share of a bigger pie.

They’d need to consolidate the shares then subdivide into ordinary and junk shares in order to get headroom to dilute.

Leem - I’ll save you the bother: the minimum price for each share is 10p plus costs.

Leem1- here you are spreading gloom again.

Ask yourself is it legal to issue a share at a discount? Then ask, what is the face value of each share. Then ask, what is the current SP.

You might be surprised at what you find.

For old times sake.
PL is a man with a Plan.

To top up

Why Mr Dangote doesnt pile in at this price. Worth hedging that African wealth and sale to the champagne economies.

On my mind

“Ejector seat? you’re joking?!”

Thinking more late Oct, maybe November, for offers. But what IS happening to Indico2? As others have mentioned, offers could wait until that is drilled.

We are back in business!

The Fool shows it’s true colours again. Total guff.

like to go against the crowd. have topped up a fair bit today.
it aint going bust near term, and there is not much room down the way.
lots of scope for positive near term news.

the Colonel discussed that a good few months back. which assets could be disposed of to bring down debt. not a top billing idea. but not dud either.

let's hope they pull one out the bag on monday and the SP bags.

always tomorrow.

touching historic lows, when we should be spiking at the sale prospect.

Are we gubbed?

positive.
right, where's the leadership.

think coz they are in 'talks'...