If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
I think going bust but must be reason AV doing this for dilution in their favour, so assets must be of value in their eyes to want us totally pushed aside. Hope this is deemed illegal but shame latest raise can’t be blocked and go bust now imo so have small chance of getting something from fire sale if assets give back something. At this point 100m divided by current shares in issue would be better than future share number or nothing lol
Thanks Stas, I get range is vast but worst/ best cause figures?
This might be AV view so positioning themselves strongly for either outcome which kills us SH. Still think art and the other rich muppets on board after all they done should payed back some wages as show of good will for failing to cover this little 2.5m saving the dilution
Sorry, so any extra money raised from sales will go back into copl to continue pumping lol. But AV will own more IF by some miracle at that point the production suddenly increased they win win. Another possible scenario, thanks
I just can’t see how we don’t go bust now or near future so as share holders are we not in stronger position if new finance deal blocked and we went bust now with a slim chance of assets being worth more than debts? AV must think there some extra money to be had to force this move? Which is it, we worthless so why AV bothering or assets are of value and AV pushing us totally out by doubling shares and extras??? Anyone on here explain it better, I know hard as no way of calculating asset value as don’t know what’s true or not
Let’s say for some reason the figure was 200m, take off debts of 100m? The 100m bust up over amount of shares? Is that roughly how it would work? So having half amount shares means we would get more if AV new finance deal blocked that is? Sorry just still clutching at straws and trying understand why AV and bod doing latest deal. Means is some value in assets somewhere and AV trying take as much as possible to cover debts and more? If bod allowing it they in on it as could go bust now and we as share holders in slightly better position
Anybody guess what our assets are genuinely worth in a fire sale?? Also How much debt needs be payed off or owed BEFORE the new borrowing? What are the figures?
If somehow the new borrowing could be blocked ( is this possible)and we go bust now without further 1.3b shares and extras coming off the final sale figures would we have slightest chance of any return because less dilution and debt?
Probably stupid question as I can’t see us being worth very much to cover what we owe already. But if AV trying to take control of it all they must think they have a better chance and getting back more money at Sh expense by making this move because assets do have value??? Which then means bod have aligned with AV and not in Sh interests which illegal?
Also if not on purpose come out and explain you just couldn’t get oil out and jv fell through because they can’t get oil from the find? If just gone wrong ceo don’t need to resign and complete radio silence. Add that all the worries and doubts have now come true and looks dodgy
So Tiburn is regularly doing these on different companies all who end up failing??? Surely that says something about rampers and if his pumping if beware?
Anyway however unlikely let’s try to open the can of worms and get at least answers even if is no justice for Art and the gang. If don’t try they defo get away easy!
https://www.asc.ca/complain-or-report/
Three points of view,
Rbm we being moved aside illegally,
Coplherder all a big lie and just a pile of rubbish that even avavio have been caught out on, so now like us just doing all they can to try and recover as much of their investment and profits.
Then of course trolls wanting cheap golden tickets as gonna all be ok and £1 Xmas!!!!
Imo either the first two can be right but same result for us, robbed. At least if we try to report it we might get some justice where as if do nothing we definitely won’t??? Next couple months will hopefully show us what’s happened. Like the other lth who sold up as can’t take it anymore because effects mental health I just want know the truth and have closure, if can prove wrong doings and the guilty get punished would make me feel a little better
Yes it looks like, by most of us, the failure has been on purpose so we get taken out and lose everything. But some STILL seem to have a different take on everything that’s happened and still happening
The stumped up 2.5m$? Actually I think some people out there could have stepped in if asked to save the crazy dilution? The board could have done it to then sell it off? Why do that deal with bond holders??? So they can shaft pi and take it all