Member Info for PizzaGate

Too add...

https://www.fidelityinternational.com/FILPS/Documents/en/current/pfr.en.gb.GB00B29TR993.pdf

Rumour on Telegram that Fidelity Funds is the background seller of JLP.

JLP is held by the following Fidelity Fund: "Fidelity Investment Funds - Emerging Europe Middle East and Africa Fund A - ACC Shares"

In google search type: "Fidelity Investment Funds liquidating"

The AI Overview produces the following....

AI Overview

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…

As of March 6, 2024, Fidelity's Total Emerging Markets Fund has a plan of liquidation approved by its Board of Trustees. The fund will no longer pursue its investment objective.

Liquidation involves selling a fund's assets and distributing the proceeds to its shareholders. This can sometimes force shareholders to sell at a time of their choosing.

Here are some other Fidelity funds that have been involved in liquidations or other changes:

Fidelity Funds - Emerging Europe, Middle East and Africa Fund

In June 2024, Fidelity announced that it would pay a capital distribution to investors on July 17, 2024. The fund also stated that it would continue to review opportunities to sell assets to return value to investors.

Investment Trust

In July 2024, Fidelity announced that it would restrict new investments into the Investment Trust in the best interests of its customers. However, customers will still be able to redeem their existing holdings by selling to cash or switching to other investments.

Jun/Jul is when the decline in the JLP price started.

Therefore Fidelity is liquidating its fund and JLP happens to be one of its components..... nothing to do with any doubts about JLP!

Question now is are Fidelity nearly done?

@SeisNav,

might be worth contacting Charles Archer with your questions....he's interviewing Leon this week apparently.

According to yesterday's JLP midweek Roast interview, JLP's project G will be announing details by the end of this month.

If you sold, then why are you still here TG5?!

X3 definitely works....I know, because I use it!

Probably takes a couple of months to significantly reduce cholesterol.

"Oisin Fanning, Chief Executive Officer, said: "I appreciate shareholders may be disappointed with today's Cancellation, but in fact it makes no difference to the activities we are undertaking to complete our refinancing - and, in many respects, may simplify some of the processes. As we have announced previously, part of our proposed refinancing is to support our further investments in ELI which, as an AIM listed company, would require an admission document. The fact that this type of document is now intended to be produced as part of a new listing, rather than a reverse takeover, means little change to that workstream but it provides greater clarity to the funding process and reduces the inter-conditionality of our activities.

"I want to reassure shareholders that, firstly, I believe that we are close to achieving our objectives through our refinancing plans; secondly, despite no longer trading on AIM, we will continue to provide regular updates on our progress; and, thirdly, we are fully committed to returning San Leon to a listing later this year in either the UK or on an international stock exchange. As I have said before, the commissioning of the FSO Akaso Terminal is a game changer, not only for OML 18 but for the industry in that region. We are confident that once operational, the FSO and the ACOES pipeline will be a significantly profitable and cash-generative project from which San Leon expects substantial upside through majority ownership following completion of our proposed further investments in ELI."

For goodness sake @News, have you never heard the expression 'Less is more'?!!

You maybe making some valid points, but I really can't be bothered to read through your constant lengthy tomes!

Perfect for the starter mine.

@Bamps - what are your thoughts on this option?

#3 - could it work if GGP tied up with Jubilee Metals (JLP) and deployed their modular processing units?... very quick to get up and running (months not years).

FYI - AssJunkie just showed his/they/them head over on the 4dv£n board

Roast interview just out....

https://youtu.be/bVzjHfc2GvA?si=ddnACjqLbSEEpAL1

It's June Expiry for SB's today on IG....could be related. (assuming the seller isn't rolling over the position to Sep).

Would love to see a tie up between GGP & JLP (invested in both).

I wonder if they are both aware of each other?

1h08 ... found it!

Do you have the approx time stamp for when GLR is discussed within the recent Sunday Roast podcast please?

cheers

I've been using x3 for 1 year now....great product and very effective.

no side effects or issues with it what so ever!

"Greensill rains cash, for some at least

Grant Thornton pulls in the big bucks Greensill, as they give Sanjeev Gupta’s GFG yet another extension on its bills. Plus hot mikes in the Senate, and fresh problems for Newmont at Telfer."

Prob this one (behind paywall).....

https://www.theaustralian.com.au/business/margin-call/grant-thornton-bills-big-at-greensill-as-gfg-makes-another-promise-to-pay-its-overdue-bills/news-story/b5f994b3f6ae7b260afaf76f69bbfebc

Next week AFTER Month End I reckon