Member Info for Cebo-456

I suspect Monday will see a load of 8.3 disclosures - possibly including Rob Trice unless he bailed earlier - my money is on him still holding his shares here.

Nope, the Special Divi will come from the Cash so why on earth are you adding them together - makes no sense.

Plus the tax"losses" were in the billions, the 370million in yesterdays RNS were the potential absolute maximum that those losses could be worth to any suitor.

First 8.5 declaration RNS this morning - a few more to follow I suspect, plus 8 3s for those holding 1% plus under the TO Code in the coming days

Haggis, if you drop by the Fry-Inn Chippie later then someone will no doubt give you an update on the time-line bidders and offer price. ;-)

Haggis, from what I gather, the chaps that cheekily kicked this off with a 7.7p offer will officially participate in the FSP - so no hostile TO from them in the near term at least - so I cannot see this being wrapped up in a few weeks. But it will mean that once we do go into the formal process - will will see exactly who is invested and all those holding a position and are sat just below the normal 3% disclosure threshold will need to declare their positions and dealings.
The Company will surely shortly release official timing for the FSP which will trigger multiple 8.3 and 8.5 disclosures - interesting times.

There is absolutely nothing in the RNS to suggest that CRS would be happy with anything close to 7.7p sale price. In fact knowing what RB is like, he would nit except anywhere near that for his 29%. CRS are also not the bidder as this would have to be declared - although a low-bid to trigger a FSP will certainly suit them.
Those reading the whole RNS will note that the Company are saying potentially 9p per share could be returned to shareholders over the next 2.5years - do it really expect this to happen - no chance but it is a good starting place to get shareholders back on side to help fend off an aggressive takeover - which then may may involve CRS.
Timings for the FSP will be interesting, even though participants ID will be protected.

No brainer

BritNRG would be better using the cash they owe to buy up as many MNRG shares as possible at those low prices (or as many as they can without pushing the price too high - thats a no brained IMO. MNRG Market Cap is 850k at current SP - but are owed over 1 million by BritNRG - crazy.

Agree, news here will be very welcome on many fronts and with the right news, VAL will hopefully re-rate to sensible levels.

Correct, MNRG own 12% of BritNRG worth a couple of Million at least. The Italian Waste to Energy Plant should go live soon and start generating cash. Happy days - and then the extra million from this mornings hearing - only a fraction of this is reflected in the current MC.

They expect a result this morning according to Rolf (on twitter). Although info like this should really be released by RNS not twitter - particularly as the original dates for the case were released by RNS.
The Company need to be on the ball with the RNS as soon as the judge finishes delivering and summing up - otherwise the news will be leaked - watch out for massive buys or sell later today indicating the result. 1 million awarded to MNRG plus costs would be a great result today. Fingers crossed

It doesn't suggest anything - it will probably be scheduled weekly or fortnightly to supply Food, Water, Deisel and every other supply that the FPSO needs as well as taking away all the waste skips, backloads etc.
IMO

Agree, Ralph needs to updat me Shareholders 0700hrs Monday Morning - I suspect that we are probably just waiting for the Judge to do his summing up and get it written up - so perhaps only another 15 minutes to tie it up Monday Morning - Either way, Rolf should let us know.
It would also be good to get an update on Italy - this must now be close to starting up - certainly Q4 at the latest.
Come on Rolf - let's have an update Monday Morning.

Agree, Ralph needs to updat me Shareholders 0700hrs Monday Morning - I suspect that we are probably just waiting for the Judge to do his summing up and get it written up - so perhaps only another 15 minutes to tie it up Monday Morning - Either way, Rolf should let us know.
It would also be good to get an update on Italy - this must now be close to starting up - certainly Q4 at the latest.
Come on Rolf - let's have an update Monday Morning.

We must surely be waiting now for the Judge to give his Legal Dirctions and Summing up - which I would hope would be today or Monday morning at the latest.

Surely if there was any delay to the High Court Hearing or they were working on an out of court settlement then the Company would have RNS'd the new time-line already.

The SP shown is ussually the last A trades on the Order book at the time (not the mid price between Bid and Ask) - or it will be show SP as the Uncrossing Trade if its the end of the day.

SimpleIv, what question are you on about, a quick look at your recent posting history shows a load of speculation, incorrect assumptions, miss-information, incorrect facts and patronising statements.
If you ask a straight question then I am pretty sure someone will probably give you a straight answer - otherwise stick to flying your UH-60 Gun-ships or whatever else floats your boat - wind and wave permitting of course.

Echo, you are welcome - the investment case here, is bigger than the Court Hearings - the plant in Italy which is due to be fully operational very soon will not only generate good revenue, it will also be a showcase for the partners tech' and a model for other currently decommissioned plants thats have need earmarked as potential investments.
Assets alone are worth more than the current MC, add that to its Uranium Investment with IMC and Gold Ridge which will be a slower burner and the Numbers add up - in my opinion.

Marfin, thats still the case - any Tom, Dick and Harry with a week to spare can pay 800quid for their BOSIET, MIST and Medical which is the minimum qualification to get offshore. Add Opito approved Banksman-slinger or Basic rigger course for another 800 quid and you have the basic qualifications required for those roles. The harder bit is getting the start and experience or getting the experienced guys in those roles. It certainly doesn't take 2 years study to get offshore as a basic Rigger as some would have us believe.

... should obviously read Courts Rule, not courses rule.

If the courses rule in against the LLP and JVC which is likely and award 1mil expenses plus fees plus costs etc then this should hit .20p - decision expected 21st/22nd September at the latest.
Ignore twitterati, what we should see today is investors and speculators taking positions here based on how they think the hearing will pan out - hence todays 10% increase.
Obviously watch the spread when buying, buy price is bouncing around quite a bit this last couple of trading days.