Member Info for chameleon1

Corporate reorganisation of Talvivaara Sotkamo Ltd commences Talvivaara Mining Company Plc announces that, as the requisite support from the creditors was reached, the district court of Espoo has today taken the decision to commence the corporate reorganisation process in respect of its operational subsidiary, TalvivaaraSotkamo Ltd. The corporate reorganisation process of Talvivaara Mining Company Plc commenced on 29 November 2013. The district court of Espoo has appointed Mr. Pekka Jaatinen, Attorney-at-Law, from Castrèn & Snellman Attorneys as the administrator in respect of the corporate reorganisation of Talvivaara Sotkamo Ltd. Mr. Jaatinen also acts as the administrator of Talvivaara Mining Company Plc. CEO Pekka Perä comments: "The decision by the district court of Espoo to commence the reorganisation process of Talvivaara Sotkamo was as expected and it clarifies the situation and improves our operational preconditions going forward. With the reorganization process now beginning, we can also continue our metals production, which re-commenced last week after a one month stoppage of our metals recovery plant. Re-start of the plant went according to plan and the leaching of new ore is also proceeding as anticipated." The key words being "requisite support from the creditors" and "metals production, which re-commenced last week"

is very narrow, they want your shares

I think people will see an healthy return on there investment from here in as the company appears now to be sorting itself out, that's why I bought in today.

Nice rise

A lot of buys are showing as sells