Member Info for billybigwig

Yes it was and the xatrata SP kept going up all the assets turned out to be turkey

Dan old news it'll take some looking up I would imagine, have a look up of old back news on glencore basically glencore mothballed one of their mines because it need money spending on it to modernise it which came at a time of a very much lower then this current price of copper so a deal was done and the DMC bought/owe glencore a few quid now the xatrata bullship was bought share swap 3 shares or 3.5 share for xatrata which was fooking expensive to say the least righ at the top of the commodities cycle in 2011 or 2012

Troajan. Ah right yeah that over priced turkey bought at the top of a commodities cycle ...we should see a good SP over the next few weeks/months

Troajan dovyou mean the one they have had to sell to the DRC government?

Troajan. ??

Pete the Times...Vitol agreed at the end of last year to pay more than $160m as part of a deferred prosecution agreement with the US DoJ after it admitted to bribery schemes in Brazil, Ecuador and Mexico involving employees and agents.

Authorities are also investigating Glencore and Trafigura on similar allegations in Brazil. Glencore has said it is cooperating with the investigation while Trafigura has denied the allegations. Glencore is also facing a wider DoJ investigation

Vittol ....they all have had to do bribes it was the normal in some of the countries they deal with

Joker look at my earlier post Trafigura and vityol are all as guilty one got a 160 million fine that's feck all for the likes of these guys a tax write off

Bribes ffs!

Read my brides and corruption post from the other day vittol and Trafigura gkencore

Pete what scandal?

Pete short term there's 50p in it mid term there's at least a quid in it and long term ? Pick a number

Pete it's come from the drop from £1.12 let it have a breather and it'll carry on ;-))

Troajan 2011 copper priced has glencore at £5.30s then

Pete.dam those tea leaves too :-))) I'm going along with £4.50 and hold and take the dividend I was on a winner in 2019 just with Glencore alone this and BP have kicked me hard and squarely in the crotch region

Why the heck .. :-*

Shaperite. Yep but it's beyond me why the hackney's not gone higher usually the price is in the SP 6 months before hand

160 million that's a slip on the wrist ...cash or card for glencore :-)))

It's not just glencore so why the heavy punishment in SP price?people need to wake the fook up and get in the real world they have to deal in dodgy countries where its the born or was the norm to bride officials....Vitol agreed at the end of last year to pay more than $160m as part of a deferred prosecution agreement with the US DoJ after it admitted to bribery schemes in Brazil, Ecuador and Mexico involving employees and agents.

Authorities are also investigating Glencore and Trafigura on similar allegations in Brazil. Glencore has said it is cooperating with the investigation while Trafigura has denied the allegations. Glencore is also facing a wider DoJ investigation.

Joker going away in May in a normal year sounds just about right but we havnt had a normal year have we? Ftse is set for 7500 or above itll come miners are the stars for a good while economies are only just starting up again a booster jab in autumn too should keep this virus at bay hopefully so good luck and I hope you have that given nice gypsie lady a big bunch of flowers with your apologies ;-)