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You and wolf for months thinking we cant see your double act.. awful display.
Elvis you are the worst kind of poster that spends months ramping and then totally switches telling people they are doomed. Straight to the filter bin for you.
Brilliant Mr Kioto.. im sure they didnt think to call in Alix partners since 2020..
Thanks for the poem Nic.. have you thought about going and doing live readings? Might make yourself a few quid rather than wasting your life on a forum of a stock you have no interest in.
Emerald, you should learn how buys/sells are calculated. It will help you sleep better, and worry less about how buys/sells are printed.
corr.. people seem to like this link. Its been shared about 20x in one day..
livestock - are you okay?
so you admit its a good buy?
MoOky was all over Sky News saying we had full support and backing of the lenders.. now they are in a rush to take back as much as they can as quick as they can.. what happened?
There is definitely a need for a shareholder committee to represent us rather than just representing the lenders which Sussberg seems to be doing.. there should be laws around lenders being able to just leave retail investors high and dry, without giving reasonable time to recover.. its also mainly governments fault for over reacting to Covid and locking down hindering operations..
Wolf its a bit mental, they couldnt do much about it other than wait for studios to actually release films.. now that the slate is back to normal right infront of us.. they decide nah we want all the money now.. infact we will take billions haircut just to get rid of it.. doesnt make sense :)
sounds like bullshyt if ever I heard it :P
"China has said they will not be funding any more coal mines through CPEC, so presumably that means the funding is gone. That was confirmed on the recent meeting with them over a discussion regarding moving a 330MW power station."
If I'm not mistaken, they meant no new projects (that are not already in the line-up of future projects, which we are part of already so no issues)
Things have admittedly gone a little quiet on the gold front.. but the Thar coal & Energy board held an important meeting yesterday..
https://twitter.com/SusanSakmar/status/1628305952352116736?s=20
Which Naheed should have been at considering her position in the government. So there should be news to come very shortly on coal.
The green hydrogen project is progressing well with the MoU we got recently..
"Oracle Energy and Emirates Global Aluminium - a leader in global aluminium production - signed the MoU on 1 February 2023, agreeing to jointly cooperate on a non-binding basis to explore the potential for Oracle Energy to supply and deliver approximately 50,000 tonnes of Green Hydrogen to EGA from its planned Green Hydrogen Project in ****stan - forming the majority of the Project's total projected annual output. If negotiations are successful, it is the intention that a binding agreement be signed during the 2023 UN Climate Change Conference (COP28), to be held in the UAE from 30 November to 12 December 2023. Oracle Energy is targeting a total annual output of 55,000 tonnes of high purity Green Hydrogen (equivalent to the production of 150,000 kg of hydrogen per day)."
End of this year could be incredible news of sealing the deal with Emirates Global Aluminium PJSC ("EGA") to off-take the majority of the projected output.. that should turn this project into a reality (not just a pipe dream on paper)
EGA is jointly owned by Mubadala which are massive investment company with over $250bn in assets.. plenty of money to lend us if they agree to off-take the majority of the Green Hydrogen output in this one deal. Perhaps put down enough to get the plant built in return for cheaper Green Hydrogen?
To show that Mubadala are not playing when it comes to Green Hydrogen investment.. https://www.mubadala.com/en/news/taqa-adnoc-and-mubadala-complete-landmark-transaction-stake
Has to be a solution like we retain 10-20% of newco.. until all debt paid down. and then we can buy back the equity bit by bit until everyone has their share back? Don't know if something like that is possible, but have seen similar arrangements on Dragons den lol
I found a case from this same judge where he awarded shareholders of another company 4% of the newco.. even after they should have got nothing he was fair in that case.. but Cineworld are so close to getting back to profitability it will suck to be left with only 4% equity in newco. Hoping for better outcome personally.
On another note, why cant the lenders accept a D4E to only partially wipe out the debt? Why the sudden rush to get their money back? They can clearly see the recovery in the industry taking place.. surely it makes sense to lower the debt to a manageable level and let Cineworld get back to its money printing ways. Never a loss making year until this once in a lifetime pandemic nonsense.
fingers crossed but its all the same language used about a possible wipeout.. amigo is in the form of a 19/1 RI that the FCA pushed for saying shareholders shouldnt benefit. Now the courts will agree that shareholders should get nothing from this proceeding.. why are shareholders always done out of their money? wahhh