Member Info for EmeraldCarrots

One was 748,900 @ £1.83 but you don't know if it was today etc.. Big trades like this can be reported on the screen up to 10 days later. The LS exchange don't want big trades to affect the market etc..... Unfortunately a few days ago we were at £1.83 ish as well. If we NOT been then maybe one might work out what the trade was, even if it was 10 days ago! So you can't tell anything much from trades like that, The stock exchange makes sure of that!
All IMHO.

Either:-
1. Cairn have agreed just to accept the $1 billion, have an air tight way of making sure they actually get the money. I can't see them writing off the $700m somehow though!
2. Cairn say nothing and let the legal cases continue. I would have thought at this late stage they could just ignore Indian Government phone calls/emails, or just say we will respond in due course............... as in a few weeks time after the case.
The pressure is on the Indian Government as far as I can see. Cairn can just let the legal cases roll on.
All IMHO.

India have left this to the last second, let alone minute IMHO.
To get Cairn to agree to delay the appeal hearing I would have thought would be extremely difficult at this late stage as they most likely do not trust the Indian Government at all (would you?). Maybe it's too late?
All IMHO.

be thinking news on the way!

Dark_Knight2020.
I'm not sure if they have to. They have said they note the governments tax law change and may just let the legal side continue. The Indian appeal hearing is only weeks away now and just about everyone expects Cairn to win yet again. After this I don't think there is any way India can appeal. Also assuming they lose the property in Paris may be handed over for Cairn to sell off etc.... And any Air India planes in the USA may also be in danger of being handed to Cairn for selling off.
All IMHO.

and the major share holdes, who have billions invested elsewhere I think will not want any compromise, or if any, a small compromise.
All IMHO.

that after being found guilty and having been been ordered to COMPENSATE Cairn by the International Court they actually need to pay ALL the fine so that International Investors have confidence in the Indian Governments honesty. They seem to think that paying back the original money they took, without the interest and legal costs will make International Investors feel their money is safe in India!!!!! BUT Cairn and Vodafone would have never even got the payback offer if they had not spent hundreds of millions pursuing the Indian Government through the courts!!! Do they think International Investment houses don't know this? Do the Indian Government think International Investment houses are fools? I mean how much damage has already been done to investment in India I ask myself. Massive damage but of course the true extent we will never know. They need to bite the bullet, pay the full compensation and move on. If they do this then, yes, I'm sure in time the major investors will return. The longer this draggs on the longer investment in India will take to return.
All IMHO.

I would have thought, or maybe CNE will just not comment as they legal cases are on-going as they have said. I have a feeling they will simple let the lagal cases continue if India won't pay the massive interest and legal costs bill of some $700 million! Indiaa rty to wriggle free but they are clamped in a vice I think.
All IMHO.

33% but that's a start I suppose!
All IMHO.

The UK market has had a couple of bad days.
My reasoning is they have massive potential.
The sp has fallen to 9p BELOW the last placing price of £1.16.
I fancy minimum we will be bck to £1.15 soon.
All IMHO.

and the sp has fallen quite a way below the last placing price of £1.16..........
All IMHO.

I should think are monitoring this RNS development.
Some "big oil" may build stakes here, after all BP have been in Alaska for years.
All IMHO.

Only 27 people on board the ship have tested positive out of over 4,000.
And of them some have mild illness and some no symptoms at all!!
Very good news indeed!
All IMHO.

You have to put things in perspective.
The old Norovirus caused a load of problems previously, probably will in future.
It did not stop cruising did it?
We have 27 people out of over 4000 that have tested positive. Some have mild symptoms, some none.
I think also the authorities will get valuable informaion about the virus from these cases.
I would be more than happy to go on a cruise with a vacccinated crew and passengers.
I think just about everyone else would too.
All IMHO.

It is good news. Only 27 people out of 4,336 get a mild illness, or nothing.
More people on board with other illnesses I would not mind betting.
The authorities who have the experts will be able to see how insignificant this is. No doubt a short dip in sp due to some trying to scare the market.
All looking very good from where I am sitting.
-Chance to buy more.
All IMHO.

So we have 4336 passengers on board a cruise ship.
27 test positive for covid, all vaccinated already.
Mild symptoms or none at all. Excellent news!
Hardly time to ring the panic bell and abandon ship is it........... LOL.
Incidents like this will help convince the authorities there is no more danger than normal flu etc... with crew/passengers fully vaccinated. GOOD NEWS. VERY VERY GOOD NEWS!!
All IMHO.

Unfortunately I'm no expert on these sort of reports of oil.
However, IF Big Oil's advisors, who wil be watching decide this may be another Alaskan billion barrel disovery then I believe they will be building stakes here.
AS the sp has held up better than I thought (before this RNS) they may have dipped their toes in already. Bid 2.8p seems current sticking point but if resistence there is overcome 3p plus may be on the cards.
All IMHO.

Unfortunately I'm no expert on these sort of reports of oil.
However, IF Big Oil's advisors, who wil be watching decide this may be another Alaskan billion barrel disovery then I believe they will be building stakes here.
AS the sp has held up better than I thought (before this RNS) they may have dipped their toes in already. Bid 2.8p seems currect sticking point but if resistence there is overcome 3p plus may be on the cards.
All IMHO.

in India? India have passed a law that cancells the previous retrospective tax bills that crippled Cairn India 10 years or so ago and Vodafone. BUT this law says you can only claim the refund if you write off the interest and legal costs which will be Substantial as both VOD and cairn had to go all the way to Internatioanl arbitration and win the cases before India have even gone this far (taking several YEARS). The indian government seems to think that refunding the money they took WITHOUT the massive interest and legal costs (that the arbitration court ORDERED THEM TO PAY TOO) will result in International investors returning to invest money in India!!! I'd say "don't hold your breath" as the interest and legal costs are in the hundreds on millions and this sorry saga is still playing out in the international press around the entire World painting a nasty picture of the Indian Government's attitude to this issue.
All IMHO.

in India? India have passed a law that cancells the previous retrospective tax bills that crippled Cairn India 10 years or so ago and Vodafone. BUT this law says you can only claim the refund if you write off the interest and legal costs which will be Substantial as both VOD and cairn had to go all the way to Internatioanl arbitration and win the cases before India have even gone this far (taking several YEARS). The indian government seems to think that refunding the money they took WITHOUT the massive interest and legal costs (that the arbitration court ORDERED THEM TO PAY TOO) will result in International investors returning to invest money in India!!! I'd say "don't hold your breath" as the interest and legal costs are in the hundreds on millions and this sorry saga is still playing out in the international press around the entire World painting a nasty picture of the Indian Government's attitude to this issue.
All IMHO.