Member Info for kezzman

with HL

yep really underhand

but they've been cleaned out here

selling

only buying their placing stock at a premium

the company away at that price

nearly 50% of equity at 3p crikey

seems like they are holding the price now why they work the placing stock through

this is a placing being worked

questions is at what price?

Is this a placing getting sold?

clever the way they do it

Paul Scott's comments

I'm interested and watching

results out today look uninspiring. The company is very small, and remains loss-making. Some time ago, there was a burst of excitement over some rampy announcement, which caused a brief spike up in share price. As usual, at this end of the market, it was all hot air.

With a market cap of just £3.7m, the risk of de-listing is ever-present.

I quite like the upbeat outlook comments, but the balance sheet clearly needs an equity fundraising to bolster things. Far too risky for me, but it does operate in an interesting space (asset tracking). So maybe one to keep an eye on, from a safe distance?

a buy or sell?

buy from this morning?

CHURCHILL MINING PLC

("the Company" or "Churchill")



ICSID Arbitration Churchill v Republic of Indonesia

Annulment Proceedings Dismissed

(ICSID Case No. ARB 12/14 and 12/40)



The Directors of Churchill Mining plc (NEX:CHL) advise that the ICSID Annulment Committee ("Committee") comprising Judge Dominique Hascher, Professor Dr. Karl-Heinz Böckstiegel Ms. Jean Kalicki has now rendered its decision on the Company's Annulment Application.



The Committee has dismissed Churchill's application for annulment of the Award rendered by Gabrielle Kaufmann-Kohler, Michael Hwang and Albert Jan van den Berg in 2016.



Churchill had previously filed claims against the Republic of Indonesia at the International Centre for Settlement of Investment Disputes ("ICSID") for damages arising out of the revocation of the mining licenses that made up the East Kutai Coal Project in East Kalimantan ("EKCP").



The Committee also decided as follows:



1. The Stay of Enforcement of the December 2016 Award (which includes the adverse US$9.44m cost order) is terminated;



2. Churchill shall bear the costs of the annulment proceedings*;



3. Each party shall bear its own party costs incurred in connection with the annulment proceedings.



*The costs of the proceedings amounted to USD 397,536.09 with these costs having already been met by Churchill through advances made:



Churchill Chairman of Directors David Quinlivan said: "Obviously we are extremely disappointed that the Committee has elected not to correct what was by any objective measure a manifestly defective and partisan Award. It is the Company's view that this case and its outcome will reflect poorly on the fairness of ICSID arbitration process and I imagine that, in time, fewer and fewer investors will have any confidence in the ICSID system for resolution of investment disputes with foreign governments."



The suspension in trading of the Company's shares on NEX will remain in place.



A further announcement will be made in due course.

not much thats why it was RNS R

only point is it shows Mastercards intent
and that ESG Homesend are praying Mastercard take them next

buys to print

big background buy?

should be higher

breakout coming?

Transfast is a network partner of HomeSend, offering reach and connectivity principally into Africa and Latin America, together with foreign exchange and ancillary services. Network relationships are a critical element of HomeSend's services and HomeSend continues to grow these partnerships through several regional network partners, such as Transfast, together with HomeSend's own direct connections, to deliver across multiple markets and channels.

might not need to produce anything if it finds something

thats what concerns me it might never find ought

yep

thats how I read it they were continuing the cased hole to target depth

I'm starting to think this lot just roll a dice once every couple of months and RNS any old tripe to string us along till the next placing. Struggle continues....

think you could be right