Member Info for Potential2Rise

Called it few months back at 2p

Massive squeeze from 2p although it took a while

Another brilliant rns

Which stock is next to do similar rise?

​Infrastructure Scale: Unlike the deep-water ports that handle the world’s largest container ships, Karanja Port focuses on coastal shipping and smaller vessels.

No investment can turn shallow-water port into a deep water port..... Not possible that's the reality!

MPL is small scale port and will remain small scale due to depth of water.....

Who in the right mind will pay off £50m debt?

This could be one big hoax RNS..... Coz it doesn't add up

This is what Karanja, MPL Navi Mumbai, Karanja Port looks like

https://maps.app.goo.gl/DTa68oBDYMsZG7m2A?g_st=aw

Unbelievable where did all the £160m that's like 16000 crore spent on exactly what

This MPL has squandered a huge amount of people's money

Below is the satellite image from Google,

Compare the two..... One is very important, the other is so poor it's unbelievable MPL spent £160m

This is what Mumbai International standard port looks like

https://maps.app.goo.gl/pBUjnMkTmx17qRrB9?g_st=aw

✅ This is what a poor Indian Navi Mumbai, Karanja Port looks like

https://maps.app.goo.gl/DTa68oBDYMsZG7m2A?g_st=aw

Https://youtube.com/shorts/-fJ8y_6hwQY?si=X_GRo6F-vWveKLYO

Anyone with Indian speaking friends should translate this

The port facility in Navi Mumbai owned and operated by Mercantile Ports & Logistics

Wow......

Anyone with Indian speaking friends should translate this

The port facility in Navi Mumbai owned and operated by Mercantile Ports & Logistics (MPL) is known as the Karanja Terminal

https://x.com/i/status/2042643271675941116

Omg this is horrible, £160m for this

The Karanja Terminal is a port located at India's Mumbai trading gateway. It is located in Navi Mumbai, an industrial area near to the city

https://youtu.be/R8BE2-RZ4Lw?si=3rv84Kd1Eh3TUNkB

Bunsen burner

BOD fighting to milk more funds from UK retail investors.... They had this project and squandered £160m

Have you seen the state of the port.

It's shocking.....

Go on YouTube and search

It's utter disgrace what they used this £160m for

Indian court finished at 5pm local time, that's 12.30pm UK time

And what time was rns lodged 4.23pm UK time

MPL knew Sp would tank if it was announced say 2pm

**anyway creditors are in the driving seat here under section 12 A of Indian Law

No court can change this.

Expecting MPL to be delisted soon

One less dog, screwed UK investors

Law is law

Creditors will apply the Law in their favor,

MPL had 10 years to make this project work, they did sod all and now they are again wasting time

MPL this dog needs to put down and what better way for creditors to take it by Law.... Not by anything else but by the law of the land, section 12 A

This is going to go down on Monday as Gamblers will learn this

Section 12A of the Indian Insolvency and Bankruptcy Code (IBC). It is the biggest "legal hurdle" standing between MPL and its survival, and it explains why the share price is so volatile today.

Here is exactly why Section 12A is a "danger" and how MPL is trying to fight it:

1. The "90% Trap"

Under Section 12A, an insolvency process can only be withdrawn if 90% of the Committee of Creditors (CoC) votes in favor of it.

• The Danger: Even if MPL offers to pay 100% of the debt, the creditors (like Prudent ARC) can technically vote "No" just because they want to take over the asset instead.

• The Conflict: Prudent ARC bought this debt at a discount. If they allow MPL to pay it off, they get their money back + interest. But if they reject the payment and take over the port, they get an asset worth significantly more.

I think FIIP holds 20-25%

That's why Sp not going on a run

If the court says good to MPL

Then comes the next hurdle

After clearing the debts, how much will MPL have?

That's the question.....

Just think Anyone holding this over the weekend be prepared to lose 80%

If no deal is done

High risk high reward........ And that

Gone NT to buy

Hepran

10 bagger potential here

News to come next week on VULT @vault_plc

✅ £500m funding launch next week, exclusively for the UK based Ai/Quantum security player

That's VULT....... Mcap £3m........only needs 6% of that 500m to do 10 bagger+

https://www.sovereignai.gov.uk/

Rick123 this is not AI

It's Indian law

Under India's Section 12A rules, even if you offer 100% of the money back, the insolvency process can only be stopped if 90% of the creditors vote "Yes."

• The Conflict: If Prudent ARC (the debt holder) wants to own the port because they think it's worth £160m, they might vote "No" to your cash offer of £50m.

• The Legal Fight: This is why MPL went to the Supreme Court. They are arguing that it is "bad faith" for a creditor to refuse 100% repayment just so they can seize a much more valuable asset.

Rick123

I'm trying to think why the One bank not accepting the cash

So it's the Indian rule under section 12A

That could be a devastating blow to MPL.......

It does look like the creditors wants it more than than MPL

That's the two side of the story

This is not a guaranteed outcome, the main point of tension: the debt holders (the CoC, led by Prudent ARC) are currently acting like they want the asset (the port) more than they want the cash.

Here is a breakdown of why this isn't a "done deal" yet and what the creditors are likely thinking.

1. The "90% Rule" (The Biggest Hurdle)

Under India's Section 12A rules, even if you offer 100% of the money back, the insolvency process can only be stopped if 90% of the creditors vote "Yes."

• The Conflict: If Prudent ARC (the debt holder) wants to own the port because they think it's worth £160m, they might vote "No" to your cash offer of £50m.

• The Legal Fight: This is why MPL went to the Supreme Court. They are arguing that it is "bad faith" for a creditor to refuse 100% repayment just so they can seize a much more valuable asset.

2. The "Asset Grab" Concern

Talk about blessing in disguise for VULT

@vault_plc

'OpenAI halts £31 billion Stargate UK project over rising energy costs and regulatory deadlock'

Wow.... https://www.techradar.com/pro/openai-halts-gbp31-billion-stargate-uk-project-over-rising-energy-costs-and-regulatory-deadlock