Member Info for Cause17

Also the demonstration of a successful sale will weaken Bank's position as it would show the JV can run the operations successfully. I believe they raised a question on the capability to the JV to bring mine to life last year at the courts.

That said, I would like to see 20% ownership taken prior to shipping still.

Isn't this the case where AF is contesting being made passively responsible for Dev/Zamin's labour debts and arguing against any fraud in succession from AF to Zamin.

I thought the link shared in the morning were more relevant to shipping.

If this branch of the legal case interests you, they have a virtual session date in early March I believe. Similar agenda.

@MLQ - Thank you

@Maddog - Your 23rd deadline? Good luck.

@Maddog & @MLQ - Spoke to any of your sources recently?

Would any appeal be made to STJ?
There, I see no updates.

Number of credit qualifications are there though. I usually don't see many/any.

https://mobile.reuters.com/article/amp/idUSKBN2AH2TO?__twitter_impression=true

@Masterbaker - You shall have mine. :)

Thanks EV_Bull.

I have no idea as well @Obs..
:')

Any idea on what it means?

Is it Nigeria or Niger this time around?
:')

@degsie - Agreed. I thought some here will find it amusing.

How about this. Off twitter. I am looking for a response from @bannor. Lol

#KDNC

Agree - just looking at fundamentals:

#KDNC m/c = 23M

Three holdings = 106M*
15% of #EMH = 16M
30% of Hastings = 44M
30% of #BCN = 46M (even after 23% drop)
*some dilution exp w/ placings

....then you have McCarthur Minerals (1% too small)

....and Amapa in for FREE

@maddog - No. I never had it unfortunately...but I know your pain. I sold one at 0.96p only to see it hit 3p in the next 2 weeks..

Hello @maddog. Hope you are well?

Apologies @Obs. My understanding was wrong. You are correct. The 60 days quote (end of page 3) was indeed a reference to the old judgement.

The only reference with regards to the finalisation of agreement is that the JA is still waiting for finalised agreement. (Page 6).

@olderandwiser - I will try to get it. I think @Dallasdaz had interpreted it and kindly shared it.

Olderandwiser - No. The figure to get from 27% to 49% is already part of the JV agreement with Indo Sino.

@olderandwiser - I think it is to do with how they are paid as per the court ruling. It could just be one bank. They may have had a hidden agenda given the attempt by Jindal group the cut in last year.

@obs - my interpretation was a bit different. The banks have maximum of 60 days to reach a consensus on the payment plan or they need to execute their guarantee. Old ruling renewed I guess. Of course they may not need 60 days. Could happen any time within that period. They may have known what is coming weeks ahead as the trial has been ongoing for a while.

@MLQ - Yep.