Member Info for DGR1980

AIM 100 not FTSE 100

Because its information that will already have been published elsewhere

Trout I think an offer for settlement would have been as meaningless as their letter of intent a few months back.

At least this way its legally binding if they have any assets of value

I got the alert through the VOX app.

Note that the client took absolutely no part in the arbitration process

Lets wait and see how much we actually get.

The client sounds dodgy as

however:

Client's assets seized as part of a US Securities and Exchange Commission's investigation with the Court likely to appoint a receiver to manage the assets of the client mid-June 2020

BOOM.

Award of $21.9 million. With interest of 15% if not paid

.

Only likely to be about the other drill sites i imagine

Oh in that case its probably just DJ having major concerns again

yeah.

Down 15% doesn't bode well if its an arbitration leak

Although could be people trying to buy in cheaper in advance

NewKOTD not sure.
Don't they get 10% of the mine when its built. So effectively the new owner would only own 90% of the mine?
Open to interpretation, and that could be where the hold up is?

The offer will be for all of it when it comes.
Glencores half and our half. And then then that value will be split as near as makes no difference 50/50 as that one extra share glencore have will be worth (£1, £2, £12) or whatever

Maske you say 9p is the boundary at month end for the move to the next range.

What would a close exactly on 9p mean

rizq - they are up for sale or jv. But they're also putting out there that they're happy to start mining. That alone means that any offers will be more serious.

LongLad - "Why can't Andrew stick a for sale sign up, and express his intentions and if there are any interest thus far.
I'm patient but this is really dragging on."

Because then we're perceived as a motivated seller and buyers will play hardball

Maske - Was looking good for a close above 9p until this mornings news

Didn't have much cash available but managed to beat the whales.

Got in at 8.44.

8.5 - 9.5. You dirty ramper Maske :P

Yeah, Small spike this morning and then back to 10s