Member Info for Bigwil7

A loaded question - what's that got to do with the environmental study?

what the last two messages of utter drivel have got to do with comments on the environmental studies i do not know, its as though the record has got stuck in a groove especially with the ****nal, well and truly head stuck in the sand comment living in the past remark!

the environmental studies are required as part of the final planning process.

Lukehere / Charles2 - aliases for NY Boy - therefore N/A.

Don't push it!

Can't disagree with that NY B, quite a profound statement

(for you!)

Don't believe you!

Methinks "thou doth protest too much".

My stance remains: Lukehere / Charles2 - aliases for NY Boy on advfn therefore N/A.

Lukehere / Charles2 - aliases for NY Boy on advfn therefore N/A.

Lukehere / Charles2 - aliases for NY Boy on advfn therefore N/A.

its my belief (and others) that its a completely different ball-game now ****nal. the last year or so has seen considerable progress (albeit at a snail's pace) and it will culminate in the appointment soon of a hard-hitting director - a deal maker, someone who can bring negotiations to a positive conclusion. not long now before his appointment and we shall soon see the project reaching a positive conclusion - the main deal may soon be in the offing too, that of selling the company itself. i shouldn't wonder that once they achieve agreement with the foundation the interest generated will be considerable. so imv its all coming together ( after all these years)

The Foundation are a one-off and it would appear a law unto themselves. Seemingly endless negotiations on a new contract appear to be finally coming to a satisfactory conclusion. They seemed to have lost confidence in dealing with CE but the new chairman of Loyalward, George Mergos took up the mantle about a year ago and has a far better relationship with them and hopefully there will be a new agreement with them soon. IMV once that happens deals with developers, hotelliers, jv partnerships etc should follow on quickly........

There's one or two who share the same view Truthfactory however there is also talk of Martin Gilbert becoming more involved.......... credibility restored and a real hard-hitter who will make things happen rather than just talk about it.

Well there is Vai beach which is a large safe and very popular sandy beach right in the middle of the plot of land Charles2.

View enclosed shows the area that it covers:

https://youtu.be/DO4FP_h9qYQ?si=wYTiBazbckQpkpx-

https://youtu.be/tM54mIDvIJI?si=ChZJwkZOSfqoSR_s

Not at all but I am a shareholder unlike the majority of posters here.

You ought to try it Pedrobull but I would wager that you would fall at the first hurdle after all where would you find a plot of land measuring 10 square miles of outstanding natural beauty with sea views and coves as far as the eye can see (your idea of "barren land") for development.

Its a one off and you wonder why it is still ongoing?

Do any of you own any shares in this company??

as always ****nal you live most definately in the past and its always a good sign when you resort to derogatory personal comments - it shows weakness rather than strength.

And speaking of well respected shareholders, Nick2412 posted the enclosed on the other thread:

Thanks for such a comprehensive review Waterloo and your addition nobby. There is a heck of a lot in there that is very encouraging on several fronts.

The fact that a revision or supplement to the existing agreement is also advantageous to the Foundation in terms of early funds for tax and other reasons is key. In short, it's a win-win scenario. The two separate bits of commercial interest are also very interesting and potentially transformational but, it seems very clear, that everything follows from a revised Foundation agreement and also the prospect of Epifania being granted (extended lease to 99 years).

Whether a private estate within an estate would prefer to wait until Epifania is granted I don't know. My understanding is this is also dependent on Govt approval and in contrast to the slow movement of the Foundation there is substantial political will in Greece to see the delivery of luxury projects such as MIN's. In Greece it's never advisable to say anything is a given but I'd be shocked if Epifania isn't granted in the context of the Greek political will to see projects like MIN's succeed.

Christopher Egleton is fully aware that they haven't delivered and therefore for share price revival they have to deliver. Warm words of optimism won't work now. The absence of credibility from not delivering for some time means the market (especially in the context of the broader small-cap bear market)means serious uplifts will only come from delivery rather than promising prospects being flagged up by the Company.

A key point for me is Martin Gilbert's continued support via DAGG. He will not want to be involved with something that blemishes his impressive business lifetime CV. That factor does add credibility. It's been a long wait but there are signs that long-suffering shareholders could still get decent returns. There is no way he would have agreed to see conversion at par if there wasn't the prospect of significant returns in a reasonable timeframe.

There's an element of thinking that because things haven't been delivered for so many years that trend will continue but as Waterloo's post highlights, there are credible reasons to modify that understandable scepticism. Tucked away in a drawer for me for now but there is realistic hope it will be opened with a decent return without too much dust gathered. Things always take a bit longer with MIN and Greece but I think there will be rapid movement once the Foundation Agreement gets updated. It looks that straightforward.

Just in case you didn't manage to read the final paragraph it says:

"The Board looks forward to welcoming shareholders at the General Meetings."

Those meetings were held on Friday and shareholders like you (??) and I were allowed to go to the meetings where the directors answered questions from shareholders. Unfortunately I and presumably you (??) were unable to attend the meetings on Friday. However, Waterloo01 WAS able to attend and very kindly forwarded a summary of what transpired at the meetings.

So you got it from the "horses mouth" as it were and from a well respected shareholder of MIn.

Well wake up at the back there, Charles2!!

There was an RNS on last Friday (infact two) see below:

RNS Number : 0127T

Minoan Group PLC

10 November 2023

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

10 November 2023

Minoan Group Plc

("Minoan" or "the Company")

Update

Minoan Group Plc, the creator and developer of environmentally friendly luxury hotels and resorts in Crete, will hold its Re-convened Annual General Meeting and its General Meeting today. Ahead of these meetings the Company is providing a brief update to shareholders.

Minoan is having frequent discussions with the Public Welfare Ecclesiastical Foundation Panagia Akrotiriani (the "Foundation") on an updated agreement concerning the Company's Itanos Gaia Project (the "Project"). The Company will update shareholders regularly on progress towards a conclusion. Alongside this, the team is moving forward with the environmental studies required as part of the final planning process. Both actions are assisting in the discussions on the final format and shape of the initial agreement with the first of the hotel groups.

Further, as part of the ongoing commercial activities, the Company can report that in recent weeks it has had a number of discussions regarding third parties taking meaningful interests in the Project. These discussions are being actively pursued and, if successful, the Company will make the appropriate announcements in due course.

The Board looks forward to welcoming shareholders at the General Meetings.

makes you wonder how they keep their head above water ****nal and they seem to keep on managing it much to everyone 's dismay. credit should be given for their tenacity............... (but not from anyone here, merely troll-like criticism is all that can be managed here!!)