Member Info for Gray1

Maybe they misjudged how long the audit would take which they have put that date back and informed us the only thing outstanding is regards the mining partner. They have deadlines to meet with the sale and that will be their main focus.

Just have to be a little patient a lot going on they are also supposed to be in discussions with a partner for LWP all three of these are major developments. Personally the first 6 months of this FY is all about trying to put these things in place still another 6 weeks to go. Chill out give them a chance to complete the audit and sale these things can be quite complicated.

Normally your own auditors would come in and check the accounts and sign them off as they are familiar with the business. The buyer will bring in their own auditors and will check everything with information moving back and forwards between both sets of auditors and the buyer and seller it will require site visits they don't just sit in an office and tick boxes.

Personally if they complete the sale in this first half of the financial year I will be happy. I am not too worried if the mining partner and the LWP partner doesn't take until the second half of the FY assets aren't going anywhere.

Not sure what you are wanting the operational update for chrome and pgms was on the 17th of Oct. Zambia operational update was on the 6th of Oct.

Sir Boring if you have ever been involved in the sale of a company or part of a company (I have)then it takes more time than just putting audited results out (which are usually in October so they aren't 6 months late).

Assets have to be valued and verified, accounts reviewed and verified, depreciation, tax implications, outstanding debt, creditors, debtors, existing contracts etc. This takes far more time than just doing normal accounts. They have given a date the end of November to complete this but if the auditors or buyers have questions sometimes it takes a while to answer or verify them and all parties have to come to some agreement over them. It all takes time.

Agree Dorfan. I had a similar experience with my wife's mothers' estate. Had the dining room table covered in paper work for 6 months sorting it all out.

Face timing on an ipad isn't online banking though my wife can do that but won't even contemplate online banking and she is nowhere near 94. Good for your mum though asi I would imagine at 94 she was an exception to the norm. Most 94 year olds don't know what day it is. That's a joke troublesome.

If most of the overall fraud is online then this affects most of the younger generation who should be more savvy to this and yet still get caught out. Even though these are brought up with it as they age and become more vulnerable then they will be more susceptible to online fraud also especially with early onset of dementia and alzheimers. Vicious circle.

Looks that way Dorfan waiting for our resident Labour supporter to comment on their latest immigration policy if it shifts more to the right he will be signing up for the greens:)

Asi was referring to pensioners where phone fraud is still the most prevalent for them but overall online is the most prevalent for everybody:)

I believe he meant the Ukraine/Russia war and its consequences on the energy market asi which resulted in government contributions to consumer energy costs:)

Oh yes they would.

Well it is pantomime season after all:)

Just glad no-one said that about the Muslim culture or you would have been screaming nazi, r a c i s t, xenophobe.

I wouldn't argue with that Jonah:)

Seis,

I will be interested to see what the gross margin of the second half of last FY years is on chrome and pgms and then using your pricing to compare the last 6 months vs what has happened so far might gives us a good idea what gross margin to expect out of them for the first half of this FY.

See what the net is for second half as well. Of course we will have to split the second half out from the first half. The cash position at end of year will be important also. Won't be long now:)

Harmprof,

I would take Seis figures over yours. We have often compared figures and not been far out between us.

Seis,

Lol. I think Chrome may still remain a mystery it is up there with the unsolved maths problems. We should add it to the list call it Leon's conjecture:)

Harmprof,

"Gray! respectfully, no quarter 1 will not predict the future!"

Respectfully I never mentioned quarter 1:)

I agree he is the best Labour have of a poor bunch. Lord Ali? Injunction? Integrity definitely questionable.

Any way back to luck my wife once picked the first 6 winners at Pontefract and in the last race came second. She is lucky. She once bought a a jar of coffee and there were random jars where you won £50 yep she won one. She is a little gold mine.

Nah she might as well as stuck a pin in the sheet.

However she also picked a 5/1 winner because it was number 4 and that it is her favourite number. Rather be lucky that good and she is lucky well she married me so she got all her bad luck out of the way in one go:)

Not necessarily luck can be random depends what it is. My wife backed a 33/1 winner at Chester because she liked the name nothing to do with form, jockey. She didn't even look at the horse was at the bar getting the drinks. Not much preparation there (apart from the drinks). Mine came second and I was cheering for hers when they went passed us 50 yards from the finish especially as she had a tenner each way on it lol

Strong leadership? Who is that? Please don't say Starmer he is about the weakest leader we have ever had more u turns than B & Q have u bends:)

You was that giddy to get your post out troublesome. Typo's happen doesn't bother me happens to me as well and others no big deal.

Thank you Chips everybody needs good luck in their lives from time to time. I have certainly had my share. Good luck to you also:)