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What about Anavio in all of this, is there some reason they are pulling a few strings in the background as well re the JV deal. I’m clutching here but in what situation would they be unhappy about a jv?
Wait … you mean this nonsense from Toffs 🤣 … was removed …
RE: WUP Outcomes
Today 09:24
Pwlx, you're an idiot. 

Gowlings have to demonstrate to the court that they've taken every action conceivable to try and settle the matter and the WUP was the last action left after everything else failed. 


CS himself made it clear in his rns about being served with the petition that they were now trying to find legal assistance, in other words, they had done nothing about it prior to that, and it doesn't look as though they've been successful since either. 

If they had come anywhere near negotiating a successful settlement, Gowlings would have notified to the Court that the case was now settled, but that doesn't seem to have happened. 


Gowlings would had adjourned todays hearing if they hadn't followed all the necessary steps towards the same. 


Something happened on the case on 14 November, but caseboard doesn't have it noted. It could be that the Judge agreed to dispense with advertisement of the WUP for some reason, or it could be that Eurasia have written in to the court and said they are not contesting the WUP, but it doesn't look as though they've settled it to date, as there is no order to confirm the same.
Whether they go cap in hand to court today and say they will pay it off within 24 hours and so proceedings should be stayed remains to be seen, but the Judge is going to query their financial circs in any event no doubt, and they've openly admitted in rns's that they are virtually out of money in this jurisdiction. Of course, they are not where they have stashed money away, but that's not in this jurisdiction.


The last rns made it clear they have very little money left here. They could have given up their salaries to pay Gowlings, but nope, they kept taking them. 


entirely my views.
How many we expecting will be bashed out today? Must be some sort of record incoming for ODP (One Day Posts) 🤣
Https://windinguppetitionsolicitors.co.uk/opposing-a-winding-up-petition/
Https://windinguppetitionsolicitors.co.uk/opposing-a-winding-up-petition/
Date Open High Low Close* Adj Close** Volume
Nov 02, 2023 3.5920 4.7000 3.1000 3.8055 3.8055 82,167,714
Nov 01, 2023 1.7500 3.4000 1.5000 3.2000 3.2000 82,053,167
Oct 31, 2023 2.1250 2.1500 1.3000 1.7500 1.7500 26,294,635
Oct 30, 2023 2.6000 2.7000 1.6000 2.1200 2.1200 59,204,218
Oct 27, 2023 3.8500 4.0000 2.3000 2.6000 2.6000 54,051,379
Oct 26, 2023 2.2250 3.8000 2.2000 3.7700 3.7700 121,206,502
Oct 25, 2023 0.5000 2.3000 0.4880 1.5200 1.5200 153,866,690
Oct 24, 2023 0.2500 0.5400 0.2000 0.5000 0.5000 6,550,687
Oct 23, 2023 0.2750 0.2800 0.2100 0.2500 0.2500 2,309,850
William Bollinger (Egerton Capital) is worth £1bn according to the Sunday Times Rich List . He is at no. 168.
https://www.thetimes.co.uk/sunday-times-rich-list
or
https://www.efinancialcareers.co.uk/news/2023/05/rich-list-finance-britain
Https://oilprice.com/Energy/Crude-Oil/Guyanas-Oil-Boom-Challenges-OPEC-Dominance.html
Https://x.com/eurasiamining/status/1694325996260880395?s=46&t=ExV0yfdStZmQrTf40M8xVw
Correct Jarvy ...
Are shareholders the owners of a company?
The notion of ownership with regard to companies is a complex one, because a company exists as a legal person in its own right.
Shareholders are the beneficial ‘owners’ of a company insofar as they own stock (shares) in the business. These shares entitle them to a portion of future company profits and the right to make certain decisions.
However, in contrast with the general concept of ‘ownership’, shareholders do not own the company’s assets. They cannot use, borrow, sell, or give away any assets of the business for personal gain, nor do they have the right to manage the company.
The assets of the business belong to the company itself, and the board of directors make the majority of corporate decisions on behalf of shareholders for the benefit of the company.
https://www.qualitycompanyformations.co.uk/blog/shareholder/#:~:text=However%2C%20in%20contrast%20with%20the,right%20to%20manage%20the%20company.
"Save on a solvent liquidation, the shareholder does not have an underlying ownership right into the assets of the company."
https://www.telfa.law/who-owns-a-company-and-why-it-matters/
As an aside - drilling for oil in offshore Guyana, South America has been going on since the 60s. Nothing of significance was ever found. Along came Exxon in 2015 and discovered 11B barrels of reserves since. Sometimes it just takes better tech and expertise.
From the 5th May but gets some publicity online in Latin America on the JV news ...
https://twitter.com/iMuesliBrown/status/1666020221331685380
4 tweets so far in the last 20 mins ... https://twitter.com/ClontarfEnergy
Robbie of BOIL fame?
https://twitter.com/stevienics/status/1651494747771490304
C'mon 'investors' actually read the detailed information provided by the JV companies ... or are we so lazy we need others to provide 'bite sized' chunks for us to be fed ...
Latest Form 10-K Next-ChemX SEC filing from 31st March includes Clontart JV key details from the previous filing on the confirmation of the JV.
https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=317373928&type=PDF&symbol=CHMX&companyName=Next-ChemX+Corp&formType=10-K&formDescription=Annual+report+pursuant+to+Section+13+or+15%28d%29&dateFiled=2023-03-30
If YLB joins the ‘JVCO’ as alluded to in the next chemx sec filing then it’s more than likely others involved in lithium extraction (Chinese?) in Bolivia will have to use the JV tech …
That sec filing 8k document is a very important read imo.
Just listened again on the 'Obstacles Slide' ... "We're at the tail end of closing on the BIG financing we need to do this ..."
Allenby update today …
https://wp-allenby-2020.s3.eu-west-2.amazonaws.com/media/2023/02/20230228-Baron-Oil-BOIL.L-Allenby-Capital-Chuditch-CPR.pdf