Member Info for GreenWolf

Nation - neither you nor I know the contractual contents of the CLF, so you cannot make that statement. Like I say, Lind have called in the whole debt. Why?

Nation - we don't know what is going on between Lind and Edenville, that's half the problem. You don't call in a debt for no reason.
As far as sales contracts go, we've had all that before, so I'm interested in what we have actually sold and the money we've made from those sales.

Nation - I'm not convinced that the calling in of a debt by someone who has first dibs on your assets is particularly "excellent".

Markdods - indeed it does, unless we've created an event of default.

The RNS is a mixed bag. The 60day mobilisation period hasn't been mentioned before to my knowledge but I just see that as an oversight. Every contract that requires mobilisation of plant and equipment will have some mobilisation period, and it doesn't take five minutes. It's fairly standard, so I am assuming it's simply just been forgotten about by AM in the timeline - which isn't helpful.

Although, quite interestingly, Diggerman has been proved correct.

The Lind issue is difficult to unpick - although there is a formal debenture charge on Companies House for Edenville, it references back to the convertible security funding agreement (the guts of the CLF). But of course the agreement itself is commercially sensitive, so it's not in the public domain. The question for me is whether the company has created an event of default somehow, because that could result in payment on demand, which appears to be what has happened.

But if the Lind facility goes all end up, we do have an agreement for $1m from ILTL as a loan so, technically, we have a financial backstop. I did question why we needed that $1m previously and I wonder whether Lind doing what they have done has been potentially foreseen by someone, because without that loan agreement if Lind do pull the plug we would be up the proverbial creek. That tends to suggest to me that we might indeed have created an event of default, but that's just assumption.

But it's not really about what we think or post on here. It's how the market reacts tomorrow morning. GLA

Follow the money....GLA

"Not really for serious investors"...I'll bow to your judgement.

Tom's really Adam Smith in disguise

Goldman's hold on ITV is slowly diminishing with their lower holdings. That's helping, as is the fact that we have a fundamentally solid business - the results show that. GLA

Sausage - our resident Michael Fish.

Solley - sounds like despite the initial bad luck of the fall, you've been lucky with outcome. Broken necks can be so dangerous. Best of luck with recuperating. GW

"Sourced as are all my posts" - lol.

j1osf - I'd have to look it up to be honest as I can't remember

Interesting tick up near the close. That last buy was at 1.18p.
j1osf - deadline is 5pm next Friday - 9th October to announce, but they can ask for an extension under the T/O code

69.92p - not bad for a week's work. Closed above our first resistance point, just, so bodes well for a proper assault on the 70s next week.
Good weekend all.

Aerial - you have naff all idea about me and it almost seems to be why you are so uncomfortable with me.

You also resist the idea of learning from people who you've decided you can't trust, which distorts your view of reality sometimes. We should all embrace each other's knowledge.

You're so preoccupied with putting certain posters down, like me, that you aimlessly argue against facts. That's not a good trait, but I'm not going to preach to the converted.

And I'm comfortable you having little idea who I am, because I would trust you (or anyone on an open public forum) with that information almost as much as you trust me.

John Z - I vaguely recollect there was something in the agreement about level of overburden, so I reckon we won't get info on our margin / commission until we have a few months under our belt with IlTl.
But it's a key figure.
Just need to wait a bit longer (!!) - I'm hopeful we might get something bolted into the Interims.

Love it - you make yourself look a d**k on Monday about having zero knowledge about Sumbawanga's weather (how long have you been invested?!) and then dispute the facts. Your library must be rubbish.

I daren't chat to Sausage because you'll then accuse me of turning him against you....another classic.

You're a prize numpty when you're like this.

I'm still waiting for my 50p buy in here.....!
Great finish today - I think we closed above our upper resistance point (need to check that - I'm sure it was c67.5p). Might get interesting tomorrow, perhaps. GLA

Aerial - why are you disputing facts? Yes, I am more knowledgeable than you on some things and you are more knowledgeable than me on some things, but why are you so quick to have to argue the facts when somebody knows more than you do?

Your posts about the climate around Sumbawanga were garbage - you know it, you could look it up on Google and know you're wrong, yet you still argue the point?! It's the same on here today about profit, again.

You've now accused AM of potentially fudging his RNS statement - it truly beggars belief.

You're deluded sometimes - just admit you're wrong about the weather, apologise for the stupid responses to my posts (only you know why you did it) and saying AM had made a mistake in his RNS and we'll move on.