focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Have tried all of that but it’s confidential they won’t give out anything at all. We explained we were aware of the arbitration would be in October due to a public document but still nothing. I did get a response along the lines of ‘as the arbitration is being contested....’ must mean it’s still on but not dated, length of time etc at all.
Tim has gone to Flagstaff another PR firm and it is understood he took them with him.
This is getting to us all in one form or another. We can only watch it play out. Think we will get something out of this, don’t ask me what.
Not sure I can wait that long with no news. Was there any further news on the AGM? Did they have it and not tell us or is it still due?
CFDs are a derivative of share price movements, with no share price what can they do. I don’t think this reflects in any way which way the court case is going.
He may be correct. A friend with a long CFD in FRR was called today by IG and is having his margin written down to nil, this will take place on or about the 14 June as they deem no current likelihood of a relisting. Oddly whatever they are doing he will get a benefit if we relist and price rises.
What a nice lady.
Puddy if not too much hassle any chance you can get in touch with your contact to see if any change. Any information is appreciated at this time.
Well done for getting that much
Has a date been set in February for the next hearing?
I agree I think he is assured of funding hence worst case and we lose we just pay off OMF with NY cash and probably combination of oil sale cash and maybe Zaza £5m. Still not great to be sitting here waiting watching it play out.
Think they are saying their continued shareholding is linked to success of PSC.
I think it is in the form of personal guarantee from Zaza and Steve using their shares as collateral.
Not so bad then surely?
Apologies if this has been answered already or is just a silly question but did an email extract provided in the court documents state Hope was requesting shares from Zaza and Steve as these were the underlying security in the form of a personal guarantee that the notes were secured against rather than Block12. Or did I just read that wrong?