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Peeps should consider leaning heavily on HL & other brokers to provide factual statement on any correspondence received relative to CTAG.
The lack of any sincere responses by any of the brokers, should have shareholders thinking of alternative approaches.
Sent to HL 16:30
Dear Sir / Madame
Are you able to give a public announcement on exactly what correspondence, if any, that you may or may not have received from Cloudtag ?
There are sufficient number of shareholders who have stated numerous conflicting reports received from Hargreaves Lansdown representatives as to wether or not there has been correspondence received, the results of which seem to alternate between yes & no, on almost every alternative day.
The credibility of Hargreaves Lansdown is on such a low esteem that it is now considered that only legal representatives of shareholders might hope to accomplish a factual statement verifying or denying whether or not correspondence has then been received.
Is anyone at Hargreaves Lansdown able to factually comment and possibly engage with shareholders concerned of an ongoing possible fraudulent activity ?
Regards.
Two issues now at play : the charade that CTAG seems to be embroiled in & the charade that is HL’s ambiguous responses to shareholders queries.
Not saying that HL are complicit in any possible fraudulent activity by CTAG but their lack of respect in formulating a consistent or factual response to these multiple requests for details of any correspondence with CTAG, then has one questioning if there are grounds for suspecting that HL are treating shareholders less than courteously, in fact almost disrespectfully.
After yet more missed deadlines by Ctag, shareholders are at a total loss as to what is factually occurring.
Sadly, a sickness is looking more & more probable.
The unsubstantiated claims, totally unsupported, totally baseless, in these repetitive updates, suggest there’s something amiss.
Lets just await any developments this week.
He at least appears to have responded to the Pi’s growing fatigue with these repetitive baseless updates and has then set the timer for a resolution this week.
Thanks Helx., Wednesday pm it is then.
Fingers crossed & ABH performs respectfully.
Two more working days for a successful payment and yet to date not a single UK broker can verify that contact has been officially made.
As per Dreamboat’s post ‘..either its true or he’s mental..’
And at which point come Tuesday pm & this being again no further forward, then peeps need to seriously consider the latter.
You allegedly have $50M held in escrow as supported by ABH website. So any repetitive official queries raised with either FCA, SFO or any’officialdom’ (inclusive of the press) on questioning the whereabouts of the alleged $50M that is held in escrow, will then hopefully lead to a police investigation asking Interpol for a warrant to enable the an interview.
With no progress again being seen, then it’s perhaps time that ABH was brought in for interview, either in a straight-jacket with attending medical support dressed in white lab coats, or as an ‘interview-under-caution’.
One suspects that its the former that is needed & we can then happily write off this sorry episode.
Some peeps will happily sit through yet another 25 episodes of false promises as is their wont but sincere Pi’s could start considering alternative directions, once Tuesday pm has passed.
Hopefully i am wrong and that ABH’s abysmal communication skills have simply prolonged this debacle but at some point before the next 25 repeat episodes, you need to ask, what one can do that helps resolve this.
Are you just an addicted gambler shenner or can you back up your conviction ?!
Lol, but the extremely overused
‘I’ve got it on good authority’ has been played by almost every other punter on here :
‘I’ve got it on good authority..’ that HL have had comms with ctag, or…
‘I’ve got it on good authority…’ HL have not had any comms with ctag
So yes, on the surface of it, that then is a fairly safe bet that you have made.
lol.
Stockbox & Alex, sounding very upbeat for all 3 current main developments.
1. BHP’s porphyry Mineral Systems Approach assisted by new technical director Chris van Wijk, who was principal geologist for First Quantum Minerals & who also helped facilitate GEC coming onboard.
2. GEC JV data analysis, then EST boots on the ground April / May with licences being chased mid year (which then gives 5% to GEC)
3. VMS (in-house) Verkhuba plus ‘additional VMS targets’.
Alex @ 8:50
‘‘..looking forward to updating the market on Verkhuba in the very near future. I know the market is expecting some news, so I’m looking *big big smile* very forward to delivering that.”
Lots more upbeat & enthusiasm again being shown.
Fingers crossed all.
Further confidence being seen is from the Central Bank of TL which since 2019 had entered the $650M cost of 40% of Greater Sunrise as debt subtracting it from the Petroleum Fund which last year stood at $17B.
This month and the Petroleum Fund has now been accredited with an additional $750M with a reassessment of Timor Gap’s earlier debt having now resulted in a new total of $18B.
Confidence seen is of the appraisal well now being located at 4.5km distance from the initial Chudditch-1 well and its good gas results.
Greater Sunrise having had 4 such wells to help define the size of the field, then resulting in a cheque of $650M to obtain 40% of that field.
Lol.. & so you are a marked man Filthy., but darn..
as Devil’s Advocates go, it’s a conclusive argument in support of.
lol.. And I thought I was perhaps being slightly over-zealous trying to lift the bb from this morning’s doom & gloom, with the shipping forecast from the Timor Gap.
Fingers crossed and Tim passes back the early queries raised by Meadow., to our heid honchos & that some light news get returned.
Filthy., you could be spot on bud, that it is indeed a simple working partnership sharing costs & facilities. My interpretation currently rests with ‘a partnership resulting in that which is greater than its constituent parts’ ie. that it is then possibly leveraged. In Boil’s favour.
Difficult to then conclusively nail the true meaning (Yeo’s contribution to PR perhaps) but I’m guessing it’s.. beneficial.
Thanks Jarvy. Currently imv there is little of consequence with the negativities being aired. Yes we may see the sp bounce around 7.5 to 8.5 but with so much happening externally which is centred on the island and the additional O&G developments around us, then fully expecting that when it goes, it will go, irrespective of opinions.
(lol & there’s no arguing with any ladie’s logic)
Eddie, I’m grateful for Jarvy getting me into the Boil TG (& Steve getting me into UPL TG) but that my logical deductions (or the lack of) is then very often at odds with their reasoning's.
First clocked the TG admin negativity centred on the 24th Jan ‘flyer’ but is that I read the article totally different to how TG admin interpreted it. My thoughts were then biased by the low opinion I have of the bod’s PR & that hence we were progressing forward.
I think that with the complexity of the politics that lie around the region, that there then has to be a serious weighting to any NDA’s.
Just very unfortunate that the poor behaviour of bod has resulted in poor comms leading to the frustrations arising.
As this though is a bet, with some serious funds attached, then I’m happy to let the situation continue to ride, with my optimistic calculation of probability that the bod’s silence this time is indicative of external developments.
Meadow/Mr.T., The bod’s use of ‘synergies’ imv suggests a leveraged status that is derived against an initial hefty weighting of capex for the drill but then sees a more proportionate share being carried in line with each partner’s holdings ie hopefully we retain 30% as an initial free carry (as seen recently in the North Sea) but that whoever then acquires our, say 30%, then has to proportionately cover the big-ticket expenditures.
The sp as a metric likely then being secondary to the mc, which is where the bod currently have aligned their % holdings in lieu of a sale. The sp then only becomes prominent should placings occur.
The downsides though of lazy management that then consistently fails to keep its shareholders in the loop (sounds familar) is that should a placing then be required, the bod have exposed sp to unwarranted & unnecessary dilutions (sounds way too familiar) courtesy of the poor /lazy PR.
The lack of any news is of course also tied to NDA’s and so suspecting that the most recent frustrations being aired are just an unfortunate side-effect of Yeo’s long-term characteristic behaviour and that perhaps where TL & Boil are currently being silenced, is in part due to the more pronounced in-country developments inclusive of that meeting with oil /gas refinery developers.
The survey contracts have already been entered with the survey then occurring over the next 6 weeks which then likely suggests that the fee has been covered or that it’s costs are backed within the TL government incoming funding of $1M.
But for the appraisal well & in layman’s terms the use of ‘operational synergies’ then suggests a possible variable metric being used outside of a simple financial ratio eg 50/50 arrangement that perhaps uses a derivative with variable leverage on a % holding of any future development eg. that a partner then comes in carrying most of the weight initially but that IF the development then green-lighted, that a different variable is used to cover the high-ticket expenditures eg. $1.15B costs for an FPSO, is then shared equally. That the synergy is initially leveraged & then shared more equally…
The oil depot at Betano currently mooring the oil supply tanker Angel No.1 that is delivering her latest cargo at some expense to the impoverished islanders.
Not yet any signs of cargo vessels delivering the possible oil refinery modular construction units that some are expecting.