Member Info for Only1Gibbo

What on earth makes you think it would be stolen from PIs? They would give WSG shareholders, at a specified date, shares in the new company. Say 1 New Co share for every 1 WSG share. Then you'd own shares in 2 companies instead of 1.

More than enough to practice scanning on Mike. Looks lovely doesn't it £££££££££££

What I am saying is that I think you are way off the mark with a figure of £4m.

Yes it was serious although my recollection was that it would be unlisted until it became active. If you recall Mike I suggested that I would hive it off into a separate company, new shares issued to WSG holders and he said, 'you can say that but I can't possibly comment' and then went to explain the downside of the costs of circulars that would be required. As you say he did moot it being unlisted, but that was only a possibility until the Iran contract became operational, no doubt to keep compliance costs down in the meantime. He also said prior to all that, 'I know what I am going to do, it's just affording it'. I suspect that once cashflow from Tema appears, they will start to action this plan.

Novice, no idea where you got the £4m figure from, but I think you'll find it way off the mark.

https://twitter.com/fluxafrica/status/1143491177586540545?s=21

Friday sees the opening of Tema and commencement of operations. Final contract is expected within 30 days from the LOI although despite providing a 30-40 day guidance to allow for slippage, PF hoped to finalise well before the 30 days. Friday marks almost the halfway point, 14 days out of the 30. The team went out there last week. Per other posters, PF along with Mark Hughes apparently out there this week. The CFO being there suggests they are there to negotiate and possibly finalise terms. If so, the contract really could land any day now.

AIMing - I think it was received on the Friday

Can see why they made you a DCI Tosh.

I think it is more than semantics. I did make a suggestion to Mark about it to which he responded he couldn’t possibly comment. Ie that’s what they are looking to do. It will be ring fenced and the fact that they are doing so suggests that they hope that in time, obviously depending on the orange one, they will be be able to continue with it without impacting the rest of the business.

Smithers no that isn’t quite correct. Roger Worrall wasn’t at the AGM because he was already in Ghana on Tuesday.

AIMing I don’t think Iran is dead. Sounds like they will ring fence it and leave it dormant until time and circumstance restore it to its former glory.

But not interested enough to bother reading the annual report to find out?

He has already stated that Namibia is a longer term prospect.

Yes I’ll be there AIMing

Absolute bullshit. Hargreaves Hale our largest investor bought in on the Iran deal. Yes they were insiders and knew exactly what they were investing in. It didn’t deter them.

Well spotted Sherlock.

Probably wiser pointing the finger at Israel or Saudi.

Presumably you couldn’t make it negative enough with your first two drafts?

https://www.japantimes.co.jp/news/2019/06/02/national/politics-diplomacy/shinzo-abe-expected-meet-iranian-supreme-leader-june-12-14-trip-report-says/#.XPPwmbHTWhA

During the trip, Abe plans to meet with Iranian President Hassan Rouhani on June 12 and Khamenei on June 13