Member Info for Ibyb

I'd like to know what is going on... it isn't loose change that is being thrown in. Either institutional or private investors are heavily loading.

They never said interested parties weren't at the table either

@downthehatch, it's all fair to say a company is doomed to failure if you have justifiable facts to back it up.

Why are we doomed to failure? Those who slate EUA have no rational basis apart from it's taken a few years and still no sale.
In that time, we've acquired, grown, mined, purchased additional machinery, still have access to the loan facility should we want to go full deployment...

... and we're still up for sale.

Now that I have explained why we a bound for success, why do you think we are doomed to failure?

Appreciate that Lenoman, but i'm always up for an inciteful debate.

I've been holding for a considerable amount of time. I had little faith left in the BOD after endless placings but they have truly stepped up and pulled off incredible acquisitions and really have brought value to the company.

Off subject, I was speaking to a former employer who has been CEO of a FTSE 250 company since 1994, he told me that he used to hate AGM and shareholder meetings because shareholders often acted like little children who just wanted reassurance all the time, despite the company growing from a £500m MCAP to a £3bn MCAP.

Bottom line, just let EUA BOD do their job and they'll fill us when they have something material to tell us.

@herbie20017, you're acting as though you know something we don't.

Please can you enlighten as to what you know and why you "THINK" this is going down the pan?

It will take as long as it takes to sell the assets, the For Sale sign is still up. That is all we know and nothing else has changed.

Silence is compliance.

@Warleb i concur with ILOVESUSHI. A company can be rescued prior to administration or once it has gone into administration.

If it's the latter all shareholder value will be reduced to zero. Shareholders carry the biggest risk to investment.
The cinemas will not cease to exist, and new owner could be found but you will hold no value in the company.

Please look into shareholder value for companies entering administration or pre-pack administration.
Losing investment is never good, Losing all your investment is worse, please take precautions.

Undoubtedly, there are transactions still taking place despite the sanctions. Shutting off Russia entirely would collapse the many industries. There will be shady deals carried out or official deals via countries which have not sanctioned Russia. Reuters published an article in July: The London Metal Exchange has told some of its committee members it will not ban Nornickel's metal from its system as the company is not under UK sanctions even though Chief Executive Vladimir Potanin is, three sources familiar with the matter said.

CS has named dropped NN many times in RNS' over the years, he's stated EUA are not impacted by UK sanctions on Russia.

The sale is still on and there is NOTHING to suggest otherwise.

Once an offer is official, there will be a huge gap up to the offer price, there won’t be any opportunity to buy lower.

£1.20 is still my estimate based on pre war NPV.

All the rest of the nonsense bickering keyboard warriors, hurling juvenile insults have their own agendas. Pay no attention to them.

Come on CS, i'll buy the BIC pens, just get NN to sign on the dotted line and RNS the damn thing

Now would be the time to give a positive update on the sale of the assets. The springboard is loaded.

Come on CS give us the news we're all waiting for.

It amazes me how people can create such chinese whispers to the point where they get others caught up in the lie and actually believe it.

We’re in the process of selling out assets. There’s nothing more to it. If there was we’d all know about it through RNS.

Nothings changed.

Long9999, any evidence to back up your theory?

Relatively new to CLON but not to O&G sector. It's great to hear that they've spudded without issue.

As for price predictions, you can't believe anything anyone says on forums, it's best to do your own research, there are too many external factors to take into account.

Bottom line, you have to be in it to win it. Should they prove commercial grade flowing oil, it's safe to say we won't be at these prices.

bang on the money there dejablue! Great spot.

I definitely did not, stop over complicating what I said. The statement stands for itself.

Pecten - Isn't it evident? Trading ... Buy low , Sell high

Whose to say? I don't have eyes on every person that posts on this board and what their objectives are.

But it does definitely read that way. Some are trying to drive the price down, others are ramping the cr#p out of it.

What rubbish is that RTRob?

Nah, it's a stand off between shorters vs traders.

What do you hope to achieve? It's done.

The books will be closed and it will start a new chapter under a new corporation number.
It's best to make peace with what's happened and move on.