Member Info for ffcmember

Actually I was hoping you would take a few of the positives from the webcast as I did so we'll have just accept that we believe each other to be an idiot ! no skin off my nose believe me!

Aubery yes everything has been put back but I'm sure the ramp up 13mtpa was sooner than in the earlier plans ,, so yes you are correct , tbh with you I take every single word or sentence that is a positive and believe in the BOD.. you don't have to acknowledge every positive I point out that's in the webcast or the presentation but equally I don't have to justify my continued positive attitude to all this ... I think think won't end up that bad and to be honest I think your constant posts suggesting we will never get to where we thought we would utter B@ll@cks , ( we have enough doom merchants)
Now did you get around to listening to the webcast again ? reading your posts recently I think we definitely took a completely different take on it first time around .
basically please prove me wrong if you wish rather than hope I'll play along and justify my posts to you , that's just not my bag

Aubery ,out of monies further raised going forward nothing new there ? I think we had planned to start paying back before the 20 mtpa and don't forget we are now going to get to 13 mtpa sooner then before ? and have they not said that with the new plan we will be able to pay it all off sooner or have I misunderstood that ? without looking I'm sure it's either in the presentation or in the webcast !
ffc

And I presume anyone buying bonds now will be allowed to be at the head of the Q when we are looking for 2.5 billion going forward, although they should be at a greatly reduced rate !

And given the rhetoric coming out of SM and the wording in the investor presentation I'm hopeful of ending up with circa 10 billion shares ! as of the Oct update we were at a fraction over 7 billion .
Slide 3
1 protect and maximise shareholder value

4 Minimise dilution

Lets not forget that should someone end up with a little over 15% they will struggle to better that anywhere with a similar risk factor ????

My very simplistic take is that if the bonds could have gone at 12% even though the warrants took it over 15% would that have really been the straw that broke the cammals back as far as JPM are concerned ????
Personally my gut feeling is we will end up well below 13.5 billion shares but that's only based on I don't think we need a black friday or a January sale just yet ...
I also don't hold the view that we are ripe for a cheap buy out because the current "false"M/Cap doesn't reflect what we are worth ! IMO
ffc

"people are happy to be led rather than do their own research "
I think the purpose of a bb is for collective opinions ?

I happen to disagree with his take on it and believe he will be proved wrong again , Read my history and you'll see that you are wrong too!

Well that’s me done asking a silly question !!!!! Didn’t like the only answer so come on Chris prove them wrong !!! Think we are in for a longer wait than I’d like so going try to add here. Gla
ffc

mmmmm that's a little more expensive than I was hoping for !!!! be happier with 15% and less warrants but e all know beggers can't be choosers ????
Come on Chris you can do it !

Hi Stanley
your 16.19 , spot on ,but all to easy to forget for those it suits ! ( or those that need someone to blame )
And Aubery was right when he said that the path CF took was for speed and minimal dilution ! ( sounds like a pretty good reason to me )
Hope you are well.

ffc

I give up but move the bar back a bit to hear all the finance bit

https://event.on24.com/eventRegistration/console/EventConsoleApollo.jsp?&eventid=2133980&sessionid=1&username=&partnerref=&format=fhaudio&mobile=&flashsupportedmobiledevice=&helpcenter=&key=1CBDBC9E51DDBE94558C259077A35C28&newConsole=false&text_language_id=en&playerwidth=748&playerheight=526&eventuserid=260972579&contenttype=A&mediametricsessionid=218287435&mediametricid=3008249&usercd=260972579&mode=launch

Try this I got in a bit late so in to early this time
ffc
if still wrong then it's 22 minutess in

I hear you Aubery but CF did say in the Analyst call that they were talking again them ... 22 minutes in

https://event.on24.com/eventRegistration/console/EventConsoleApollo.jsp?&eventid=2133980&sessionid=1&username=&partnerref=&format=fhaudio&mobile=&flashsupportedmobiledevice=&helpcenter=&key=1CBDBC9E51DDBE94558C259077A35C28&newConsole=false&text_language_id=en&playerwidth=748&playerheight=526&eventuserid=260972579&contenttype=A&mediametricsessionid=218284433&mediametricid=3008249&usercd=260972579&mode=launch

I'm not prepared to give up on that one yet

ffc

dead right Chesh so hopefully the original bond purchasers are still willing ? and with JPM not in the mix I guess it could only fail if the strategic investor didn't like it ?
Anyone have a clue what the warrants might add to the 15% ?
ffc

I may have too tuckupp but tbh I don’t have that good a memory. It wasn’t only the other day sadly

IF this funding is to be a combination of debt and strategic investor ? Is there any benefit in it becoming known that say a substantial amount of Bonds have been sold thus moving the share price north which may mean we have to give less away to the strategic investor ? I know that is a very simple way of looking at it but given that I would like to see minimum dilution It surely would be better if the sp was a good deal higher than it is at the moment ?
Just musing really so be gentle please
ffc

Not your usual type off dream then ? hey ho at least it gets you out of a trip to the Launderette this time !!!

Foxhound ,with a bit of luck I'm hoping that re the debt aspect funding there might a good bit of DD may already been done given that CF said they were re-engaging with potential investors they had lined up from the previous attempt at bonds ??/
And re the strategic investors lets hope it is someone like DMC or Strabag because a good few Ts and Is will already be done with them also ????

I should never have let him out tbh ,Hey ho easily rectified .
Now I wonder how many green boxes I'll see now