Member Info for Latino

Smoke and mirrors my friend..

Smarter lol..look extremely desperate to me and final throws of the dice to get vote.

Agree it’s shambolic...it also shows how desperate they are!

Further proof today of this useless BoD, what else!

Excellent post..spot on.

Also check the shareholder list over 95% privately held...with CEO / Chairman holding a whooping over 55%! Certainly money where his mouth is!

http://www.g3-ex.com/investors/major-shareholders.aspx

Jub will be back surely and backUp their offer...Zen can’t be allowed to have these assets for peanuts..it would be criminal!

Agree, this current board have ZERO chance of staying out...they will be replaced.

SP absorbing sells again today and ygg HF en back up before close...surely hugh buy order being worked in the background!

Think we may see an improved offer from Jub in the comings days...

Agree, my take is that Nordic BH have acted very rationally over this and may have kind of ‘axed their own foot’. This is because the company had already proceeded the RBL and probably would have secured this before Christmas - see Oct RNS, AND they would have been paid by now!

But as they’d decided to take Company to court, this has delayed matters as during court case most likely they would be ill advised to submit RBL application because of small risk of JOL verdict...however now as company has successfully secured JPL and another defiant hint from the board that they are continuing with the restructure in parallel.

In term of JPL liquidators, they will now work with the company to develop a ‘restructuring plan’ (as opposed to fire sale with JOL - big misunderstanding with some PIs).

The 5th Feb report should be a plan on how best to restructure assets and not about any fire sale! The courts have already accepted their assets has significant value way beyond it’s smallish debts ie ~$1.3Bn assets Vs $340m debt..hence ruled in favour of JPL.

https://www.proactiveinvestors.co.uk/companies/amp/news/909902?__twitter_impression=true

I would forget about Supreme Court ruling....strongly suspect they’ve been blocked by Moz Government. How many years is it since their last verdict?

Another 3 months at least unfortunately with no certainty...will need to raise funds soon to pay for all this..

It looks like, not budging this an iota last few weeks..looks like filling a large order..if so this tiny free float will get extremely tiny. Then on expected news of asset sale / RBL...this will rocket so fast and so high me thinks! DYOR and don’t get deceived by MMs games. Yesterday’s RNS was very positive..if you read between the lines.

Further EGM..

Excellent RNS from BoD, market will soon catch on...but the hints are there in black & white..asset sale imminent or RBL..

‘.. The change in fiscal yearend to March will facilitate the expected material transactions to be concluded and financials reflected fairly."

It’s simple we must vote Align....existing BoD shambolic performance is already in front of us!

Excellent tweet.!

Agree, so am I....have to give them a chance or else who trusts this bod!