Member Info for Bubblepoint

Calling penalties and unpaid hiked interest nowt is blinkered lol, its gonna hurt, and hurt a lot to shake off this technical default and trafigura are no mugs, they hold all the cards, also tell me how the 3 billion plus shares used for raises etc plus this huge consolidated debt on top is not just monstrous dilution but dilution with zero return for retail.

The only winners are those with their snouts in the trough

Keep dreaming lol

""Dilution will be minimal.""

And how would you know lol !!!

Also add to that, additional debt piled onto the original debt, with a massive dose of owed interest etc etc is ALSO a form of DILUTION.... especially when it is likely the debt repayment will almost certainly soak EVERY penny of revenue for an eternity !!! meaning a big fat ZERO left for retail,,, probably worse than zeroooo

Maybe go ask that "Ladyofnoshame" she is about as good at it as you too lol....

ZZZZZZZZZZZZzzzzzzzzzzzzzzzzzzzzzzzzz

ohhh ohhh is that "chair" speaking to you AGAIN lolololol............ Worked out REALLY accurate and on time LAST time ehhh Fartoomany (otherwise known as the "chair whisperer" )

They haven’t defaulted******************** in the eyes of the deluded !!! (courtesy of chatGPT)

""Debate is pointless when one side refuses to acknowledge facts""

Jamesyboy,, it is not in DEBATE, and the only side refusing to understand the FACT they ARE "technically" in default is YOU and one or two others !!

You can blinker yourself with ignorance to the reality, and it won't hurt anyone as yet, because its suspended because they didn't pay their debt lol.... but sooner or later they will face the music and dance to Trafigura's tune !!!

Ocelot, on paper you can say whatever you want, but "technically" they ARE in default.

Anyway ultimately it is clear that Trafi want their money and have given some leeway for this shower to "try" and improve the economics, so they can get their money back + a lot of interest.... time will tell if these efforts to improve productivity result in the lights remaining on OR not...

Noo nooo nooo,, not confused AT ALL James, TECHNICALLY it is a DEFAULT.

You can massage it all you want, but it is what it is lol.... amazed how determined some are to brush this "technically in default" under the carpet lol.

It's OK, you are welcome to your blinkered take on that, but I, as some others will keep it real !!!

Stop posting nonsense about Angus having defaulted. Sharing this kind of rubbish is misleading.

Sorry to disappoint you James but they are "technically" in default, like it or NOT !!

I would say YOU need to stop kidding yourself and get real !!!

Anyway ALL the best lol

Fartoomany,

Did you bother to look at all the revenue for the last 18 months, basically the grace period to now and work out where all the money dissolved too ? thought not !!

Who’s on holiday ?

There is NO holiday when you are in DEFAULT for a mountain of millions £££££££££££££ and the wholesale gas price is fighting it's own battle at 74, which is ultra weak for this time of year.

Totally agree Offy, and also it is "likely" that Trafi has told this shower that they need to get their sheite sorted out at SLBY and prove it up some what, or prepare for the worst, which likely also means that all this smokescreen carp about RTO and/or buying a stake in some other worthless sheite is off the table, otherwise it would have progressed by now, and enforced by Trafi.

If the above is true, then I totally agree, you have this supposed asset, we lent you money on what YOU stated in regards to its productivity and longevity, so you best sort this sheite out PROPERLY first, do some house cleaning, and then we "might" talk or you might have to walk.........

And I will say that I WILL be one of the first to congratulate them & us, if they somehow come up with some miracle transformational news that benefits RETAIL...

I won't hold my breath on that, but I do not totally dismiss that they "could" magic something in the coming year.

Ok OKK TECHNICALLY in DEFAULT lol ..........

WHICH IT IS !!! until an agreement or otherwise is reached, which it has not as yet !!

Can ANYONE work out "roughly" what Angus did with all of the 12 month grace period funds ??

And don't say the Booster Compressor, because that was CLEARLY marked up to come out of the original Trafigura loan. I mean they were pretty much showing as skint right up to the first payment due date to Trafigura !!

"The didn’t default on their debt

In the eyes of the desperate and deluded

Well if you are happy to continue reading and hanging on to every word this shower tells you, then you simply deserve all you get, and it is no different to the past, and look where that left you !!

So with added debt, on top of the mountain already defaulted on, care to indicate where exactly you think the dreamy upside is coming from ???? Because all I can see is more dilution and more debt on top of the mountain already existing.

No point flying their flag (staff),sheite, if it ultimately holds no value to retail

Ocelot,

It is what they all do, they ALL try to paint a rosy outlook, with every dreg of anything they can swing positive driven hard into it, the reality is usually much different.

As always, it ain't what these outfits and their cohorts say, it is what they don't tell us that usually results in going backwards instead of forwards.

It is Trafigura which is clearly supporting the workovers

It is Trafi who want their money and more, they are not supportive, they are simply "in control" of the whole situation, Angus & SLBY !!!