Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Who knows may even get settlement with Chad or from Abitration in AD Doc, though i think $1b is pushing it a bit.
So Chad won't be getting the $80m it suggested from uplifts this month, that could have an effect on Deby's budget plans
Interesting that they have sent Idriss Deby itno to mediate the coup on behalf ECOWAS, bit like putting Gary Glitter in charge of a nursery ?
Thanks BD , good link and good exposure.
Sadly this has got Russia and Wagner group written all over it, yet another former French colony hit with a military coup, a country fighting Jihadists whilst having split views on where to lean for help with that fight and Wagner tactics have appeared alot more effective than those of the west in recent years. Lets hope it remains peaceful and no one is hurt.
I like N J Ajuk very articulate and appears to be singing of the same Hymn sheet as AK. i also take a positive in the mentioning of Save.
Thanks for sharing TL
Indeed good spot. i imagine AK would be after equal or better terms on SS due to added risk involved.
Valueseeker: Basically no because at 100% margin you now own the share outright so no further margin required.
When speaking to them yesterday they said it was just there way of managing risk and exposure.
I like you and everyone on here hope suspension is lifted with a positive outcome asap. Monday would be nice !!
TL, IG raising margin has no relevence what so ever to this there were approx 20 shares that are currently suspended that had margins dramatically raised on thursday.
Moho, they can not close out suspended shares however you margin come tuesday will be affected, when we start trading that is when it will be affected, read my earlier post. i hold stock and spread bet. ig are covering bases on several suspended stocks. if you have other stock positions open in profit close them and take the money out lesson your exposure, i assume you are not a professional trader ? Gla thanks Zen, TL and RR
Nothing will happen with ig until the share starts trading again then it will be 100% for a very short while when normal service will be resumed. if you do have other positions i suggest you sell them and pull the cash out pre tuesday.
I disagree TL there is no clarity there , neither is there a ney it isn't happening, Sally has to cover her bases. they do not discount negotiation. Maybe just maybe we see a positive.
Welcome back and hope your in good health.
I'd take 41p opening all day long
Thanks for sharing KK, an update and some clarity from Save would be welcome here as they have updated re cotco in the recent past.
Thanks KK
There appears to be a suggestion on the advance board by Sunbed that AK has had to meet Petronas urgently in Dubai as SS aren't comfortable with Save taking over the assets. I can't actually find the post itself when i have scrolled through advance and indeed i don't post on there. Has anyone else seen or heard anything regarding this ?
Ahh so that would be booked before old loan settlement i assume KOM ?
An initial cost we will have is settling the original debt which is in USD with money we have from the new naira, 30% of £300m+ is nearly £100m ? although the freeing of of Capital flows can only be a good thing medium long term.