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I'll start to worry about getting spiked at about 3p.
GLA
Stokey. The price of oil is going up. Putin would rather deal with Trump than Biden, so has ordered OPEC to keep production low to raise prices. Strangely, Zelensky is attacking Russian oil refineries, aiding & abetting Putin. But maybe senile old Joe gave to order without understanding the consequences.
Anyways, inflation is going back up and interest not coming down anytime soon, which explains the price of gold.
Is any of this good for a heavily indebted HARL? Hmmm....
I reckon our secret £500, a tranche, buyer has cashed out. If so, he/she has likely made upwards of circa £30k with likely zero risk.
Methinks they "knew" today's RNS was coming a few months ago.
It's a pity that we weren't able to make hay whilst the sun was shining.
The price of Rock Phosphate has dropped by half:
Month Price Change
Feb 2023 322.50 -
Mar 2023 345.00 6.98%
Apr 2023 345.00 0.00%
May 2023 345.00 0.00%
Jun 2023 344.50 -0.14%
Jul 2023 342.50 -0.58%
Aug 2023 346.25 1.09%
Sep 2023 347.50 0.36%
Oct 2023 347.50 0.00%
Nov 2023 347.50 0.00%
Dec 2023 152.50 -56.12%
Jan 2024 152.50 0.00%
Feb 2024 152.50 0.00
But on the positive side, it's still double what it was 2 years ago!
GLA
Hi Bubble. Sir John is likely waiting on the IM judgement.
So from what Chrisatrdg says, we might not get an RNS until mid-April, at the earliest!
ATB, FG
Good morning to you, Twin Brother.
With luck we might get some of our money back!
ATB, FG
Bond-Investments. I've absolutely no sense as to whether we will actually see the share price rise, but here's hoping!
ATB, FG
Findingtheta. To my mind, when somebody says;
certainly 'achievable' by the end of the Financial Year, if not before."
That is almost a nailed-on Q1 of the 2024 Fin Yr.
So, no suprise to me, and Mr.MM that we've missed 2023!
The RNS includes:
Amigo Holdings PLC ("Amigo") is pleased to announce that it has today engaged Jim McColl to act as a Board Consultant. In that role, Jim McColl will assist the Board in identifying potential strategic opportunities for Amigo to continue as a listed company by way of a reverse takeover. At this very early stage, there can be no certainty that a reverse takeover will take place and any such transaction will inter alia require shareholder approval and a new application for listing in accordance with Listing Rule 5.6. The Board expects that Jim McColl will be formally appointed a non-executive Director of Amigo, once the new issue of shares, described below, has been completed. Jim McColl brings nearly 30 years' experience of creating investor value by building businesses. Further background information on Jim McColl is set out below.
There might be life in the old dog yet!
Good luck for those that are still here. Our secret £500 buyer will likely have made circa £20k here!!!
GLA
In the last presentation, along time ago now, Sir John said "One for you, Arun", regarding the following share holder question: "The credit facility deadline has moved a number of times this year. Is there still a risk that it could slide into Q1 of 2024?".
Arun concluded his response with the words:
"On balance I do think that we are in a fairly good wicket. Having said that, this is the government we are talking about, a government process. We need to ultimately bring together a number of counter-parties that include three to four banks and the UK government. So whilst I think that it is a difficult process. It is certainly 'achievable' by the end of the Financial Year, if not before."
The word "achievable" doesn't mean "yes, it will be done."
Might we find out the answer in a few minutes?
ATB, FG
Broomtree. I wonder what China thinks of free market economics?
My guess is that it thinks it's a mugs game!
Scaffman. I haven't a Scooby. But nobody likes losing money. Especially share performance bonuses!!!
Methinks if it hadn't been for the little matter of HARL's defence contract Piriou (the French shipbuilder) would have tried to buy us out.
My guess is that the Pirjou BoD are bricking it, as ISSG might not survive as an ongoing financial concern!
Hi Bubble. I've got a feeling that the negative news report might have done us a good turn.
That is unless Sir John says that we are unable to continue as a going concern!!!
ATB, FG
To: plain old Mr John Wood.
Might it be time to issue an RNS to put to bed the damage to the share price the words:
"A spokesperson for ISSG said H&W lacked recent experience in such projects and, from a financial perspective, choosing Appledore was "far too much of a risk"."
will no doubt cause?
How's about it, Sir?
Chris2. The company has changed over 2 years. It isn't the same beast.
Am I to understand that your current opinion, that UFO is doomed to failure, is based upon old numbers with little bearing on today's situation?
chris2. so, are you suggesting that ufo's assets are worthless?..my understanding from your comments is that our dso has no economic value.
whereas, my view is that if the knac process had been faster, we'd have got han**** over the line by now.
but then, timing is everything!
anyways. can you spell out why the company's a busted flush.
The approval of the Mining Licence is likely just a few weeks away. It will feel like a long wait.
Basically, lots or nothing will happen (other than bankruptcy) over the next 9 months.
I lost circa £50k in two firms whose practices bordered on the criminal. I don't get that sense here, but that doesn't mean it won't happen.
On the whole, I've been positive here. So, I'm sticking with my gut feeling that all will come good for us!
GLA
The Labour Party is a facsimile of the Tory Party, and the Tories appear to be extreme-left totalitarian dreamers, under the influence of the World Economic Forum.
Other than Reform's pro-genocidal Israel stance, it is likely the only hope of this country not turning into a 3rd World, corrupt, banana republic.
Apologies for my lack of optimism, but energy insanity, open borders, and the totalitarian, unscientific, push of transexualism are destroying the nation.
Rant over!
European Union energy policy requires EU members to import a minimum of 10% of it's energy from other member states. It appears that this is part of the plan for an interconnected world through electrical inter-connectors - connecting nuclear, hydro, wind, and solar power. That's all well and good in a war free world.
Basically, we haven't left the EU and probably never will, regardless of the insane consequences on energy security, cost, and jobs!