Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
The tried to change contract details after payment was made by Ever hero Holdings and the customer didnt sign but they still kept the money. So, the customer took them to court to get the money back and won this year (2011) . IN THE HIGH COURT OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION COURT OF FIRST INSTANCE ACTION NO. 758 OF 2010 BETWEEN EVER HERO HOLDINGS LIMITED Plaintiff and YAU KWONG CHI KELVIN Defendant On 5 February 2010, a meeting took place between the plaintiff and the defendant at the offices of BLC. It was the defendant’s intention to sign the agreements and collect the payment of HK$3,000,000. 22. However, at that meeting, certain amendments were made to the agreements, which the defendant initialled. The agreements so amended were not signed and the defendant took them away to show his lawyer. 23. A cashier order in the sum of HK$3,000,000 was available for the defendant at the meeting on 5 February 2010 upon his signing the agreements as contemplated. Although the agreements were not signed, the plaintiff agreed to provide the cashier order to the defendant upon his signing a written acknowledgment (“the Acknowledgment”). The defendant did not sign the agreements but instead, by an email from his solicitors dated 12 February 2010, sent an amended version of the Ever Hero and Classic Rich Agreement. This version was unacceptable to the plaintiff and was not signed by it. The agreements remained unsigned. 26. FAHL did not secure a contract with Real Madrid Football Club and the Real Madrid Project therefore did not materialise. 27. On 17 May 2010, the plaintiff issued a demand letter for the return of the HK$3,000,000 and, on 26 May 2010, the plaintiff issued its writ in this action claiming the return of that sum plus interest and costs. At the end of the day, the Acknowledgment is a clear statement of the purpose of the payment of HK$3,000,000 by the plaintiff to the defendant. I accept the submission of Mr Yee that the effect of the payment and Acknowledgment is that of an offer accompanied by the pre-payment of consideration. It is clear that, instead of signing the agreements contemplated in the Acknowledgment, the defendant’s solicitor made substantial amendments to the agreements. These were unacceptable to the plaintiff. The consequence of this is that no contract was ever reached between the parties and the payment was made for a consideration which wholly failed. 48. I do not regard the evidence or submissions of the defendant as sufficient to raise a triable issue in respect of the plaintiff’s claim which is a straight forward restitutionary claim for repayment of HK$3,000,000 on the grounds of money had and received and/or unjust enrichment. In my judgment, the claim in restitution is unassailable and, notwithstanding the submissions made by the defendant, has not been shown to be subject to the outcome of any triable issue raised
anyone out there still remember these? I thought this BB was taken off
just seen your message, I wonder how many listened to you today? up from .6 to .9
sorry this was the proper rns http://moneyam.uk-wire.com/cgi-bin/articles/201012130700077950X.html
so alls not lost yet then? Broker wont even tell me if they are still in business or not, hopless!!
f#'k!!!!! so what happens now guys?
Seems good but, whats to say lucara shares wont drop 33% after the transition?
thanks for the info guys!
I live in hope but not expecting much. If it does come good though my bank account will be laughing, instead of on suicide watch ATM. I've tried emailing the directors and got nothing and also the broker who said They cant say anything except what the RNS said.
Cadogan settled Zahorianske licence issue Wednesday, 10 Nov 2010 http://steelguru.com/russian_news/Cadogan_settled_Zahorianske_licence_issue/174350.html Wednesday, 10 Nov 2010It is reported that Oil & Gas Cadogan Petroleum, an onshore explorer for oil and natural gas in Ukraine has entered into a settlement agreement with Nadra Ukraine, the state owned company, concerning the ownership of the license for the Zahorianske field. Nadra Ukrainy applied to the Higher Administrative Court of Ukraine to withdraw the cases between companies over the previous ownership of the licenses for the Zahorianske fields. In its turn Cadogan, is supposed to purchase five wells from Nadra Ukrainy for USD 3.2 million including the Zahorianske-3 well that went into commercial production on Aug 1st 2010. According to Millennium Capital analyst “We consider the news as POSITIVE for the company. The license problems dated back to the summer of 2008 had often been the cause of the company’s stock price slipping as both the Pirkovske and the Zhorianske fields were crucial for the company business in Ukraine. As earlier reported, a stable production process at the Zahorianske-3 well will bring the flow rates of up to 50 million cubic meters per day. We estimate the sales of natural gas from the well to potentially bring about USD 5.0 million per annum in revenues for the company.” (Sourced from Millennium Capital)
Looks like scottish widows have faith in this. Things looking good! http://moneyam.uk-wire.com/cgi-bin/articles/201010281106191618V.html
yes, you are right, I miss understood it. But we should hear about the court decision anytime now as it was just to formalise things.
So maybe (how long do decisions take?) tomorrow we will find out....... following matters should be submitted to the Minister for final approval. 1. The approval of the change to the work programme at Pokrovskoe 1 2. The lifting of the suspension of the Debeslavtska field 3. The removal of the suspension on the Slobodo Rungarske field 4. The extension of the Pirkovskoe licence to June 2015 5. The amendment of the work programme at Zagoryanska
Wednesday 15 September, 2010 Kiotech International Half-yearly Report Half-yearly Report Kiotech International Plc KIOTECH INTERNATIONAL PLC (AIM: KIO) (“Kiotech” or “the Company”) Kiotech International plc, the international supplier of natural high performance feed additives to enhance growth, health and sustainability in agriculture and aquaculture, is pleased to announce its interim results for the 6 months to 30 June 2010. Key points: Financial Optivite, acquired in September 2009, makes a full six months contribution. 157% increase in profit before tax to £0.777m (2009: £0.302m). Threefold advance in sales to £11.082m (2009: £3.468m). Cash balance of £4.554m at 30 June 2010. Key points: Operational Integration of Optivite progressing well with consolidation of our operations starting to deliver the planned benefits. Good performance from our international agriculture division. Contracts exchanged to acquire the Manton Wood production and head office site for £1.450m. Aquatice® given approval to market for both fin fish and shrimp in the Philippines. Richard Rose, Chairman, commented: “We are encouraged by our trading performance to date and remain confident going forward given the good progress in integrating the Optivite acquisition. Management remains focused on consolidating our operations into a single unit to deliver the planned benefits, whilst retaining and promoting separate brands in the marketplace.”
back to 61.8 - well im gonna do some work finally this morning
getting 64.6 live buy
equiniti, and still not letting me sell - not that I will now.
I was going to set an 80p stop loss but wanted to wait for this now ficticious news. Last time there was a news rumour as well. I bet I sell next time and it will appear and then be over £1!.
My system won't let me sell, not even 1,000. Had this problem few days ago when I wanted to sell at 78p. Fortunately Im in at 43p but I missed the previous 75p high and now Ive missed this one and it's cost me a few grand profit.