Member Info for Offler

Mjd, are you not aware there are sanctions because of their illegal invasion of planet Zorb, 👽

@Stretch if we are all green boxed how the f uck would you know?

@Spikey, nope no answer. Unfounded claim that it isn’t going to effect us.

@Stretch in that case why haven’t we had a single offer in five years?

They have been confident reducing to hopeful to no guarantees over a five year period and nothing, so the bod’s confidence doesn’t inspire confidence.

@Rocky4,

It’s a buyers plans which are relevant, and after 5 years of multiple incoming enquiries, reducing to remain hopeful but no guarantees, there doesn’t seem to be anyone with a plan to buy, even the management buyout is dependent on funding which they may not not get.

@ChessMaster,

Couldn’t agree more. My breakeven after a nice trade during the pre suspension pump is 2.5p, my comment was in response to your comment “Will benefit” hope/expectation is more accurate, just my opinion. Many need much more than 2p.

@ThechessMaster,

Guess it depends on how it all ends, not being in might be an absolute bargain, then again not being in might cost you a profit. Not sure how you can claim those in at 2p will benefit from anything above 2p this could go either way. Those that are in could benefit.

@Lenoman,

If the money exits Russia which we need it to in order to be paid, there is an exit tax. It’s now 35% how does that not effect us?

@SJmorrison, I did read it, the word there is OR, if the company exits Russia regardless of if it’s sold to a Russian company or management buy out, the money still exits Russia. It’s an exit tax.

Guess you are choosing to miss that part?

Oh and they can have plans A B C and D we actually need a buyer.

The increase in exit tax.

“The BOD have this covered and would have known about the increase in exit tax way before your link pal”

How do you know the bod have this covered, what do you think they will do? Offset the tax increase by increasing their target sale price? That’s really going to work after 5 years and no offer to buy.

@iknowhuffin, unless they are following their recent history of doing nothing on time, and just another fail.

Lovelyboy there are posters on here that I feel engage in interesting posts regardless of the differing opinions, you are one of those posters. Always a pleasure to engage with you.

Lovelyboy, not a problem, I was suggesting that the bod had twice made very specific statements about activity at WK, why would they lie to shareholders and the wider market in breach of Sect 90a, and therefore make themselves liable to legal action and damages claims by investors.

“The section 90A/schedule 10A FSMA regime gives investors the right to sue public companies that publish misleading information to the market. It is designed to provide a remedy to investors-at-large. It therefore targets misinformation published to the market as a whole, such as in a company's financial reports and RNS-announced press releases (published information), rather than misrepresentations made to specific investors, which are covered by other common law regimes”

@Sharequests,

Why on earth would they not announce a sale.

Makeabundle that is more ridiculous than your usual 70p handshake nonsense

So Lovelyboy a direct question, are you saying the bod has lied to us twice about the work?

Lovelyboy. I think the bod have already put that to bed.

“At West Kytlim, low level work and maintenance required to comply with the regulations continued” Possible doesn’t compare with a statement from the bod, why would they lie to us they are not Dattabase.

Mjd, no I included Anna as others have jumped on the link multiple times, it’s common for company secs to work for multiple companies. Pleasant engaging with you as always.

Mjd, more likely Anna was given the EUA sec job as a mates job, being an experienced company sec, don’t understand why Essar would buy a mine when they can buy the product on the open market, especially a mine in Russia. Artem has had more than enough time to pitch a buy to Essar if there was even the slightest interest.