Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Folks, as mentioned previously, there are additional and external costs involved that have to be covered, potentially KC counsel in 3 jurisdictions etc. These costs obviously do not fall within no win, no fee. The whole process will be fully explained, in detail, during the zoom calls that Mr Cotter hosts.
As stated in our previous message, our legal action is being brought forward and you should all receive notification when certain things have been actioned.
As per Stas’s note, our actions are being watched and there is zero benefit at this stage to over communicate. Frustrating? Yes, but for us too, please understand that. However, this must be done properly, it simply cannot be rushed.
OK, first concern over, this is the key clause for us. They are not protected if fraud, misconduct or negligence can be proven.
AVO
Releases
12. …claims shall be deemed to be fully, finally, irrevocably and forever waived, discharged, released, cancelled and barred as against the ‘Released Parties’; provided that nothing in this paragraph shall waive, discharge, release, cancel or bar any claims with respect to any act or omission that is determined by a court of competent jurisdiction to have constituted actual fraud, wilful misconduct or gross negligence.
Given we’ll have to prove all three anyway, then we can make a claim against any party.
Angus, we were not wrong. We left options open as several parties entered the data room. Unfortunately, this was almost the most likely outcome.
We’ll be giving our thoughts tomorrow, following discussions with Mr Cotter.
Disappointed, but we remain up for the fight.
Guys, we really can’t offer an opinion on fair value, we don’t want to be seen to set expectations. Nor will we comment on which ‘targets’ have already been contacted. Sorry, but that’s the best stance at present.
An absolutely huge response to Mr Cotter’s invite thus far…..and e-mails are still flooding in.
Very strong cases built against numerous parties, based upon several potential outcomes. Let’s see how this auction process pans out, but we have all obvious angles covered on the other side.
If you have not already registered your interest, please do so asap.
CAG is delighted to confirm that it is to continue to work with Mr Michael Cotter of Setfords & Carlton Elleker Chase, London (CEC). Our plan of action will be fully defined as the SISP process applied to COPL unfolds over the coming weeks, thus allowing us unhindered sight of specific targets and jurisdictions involved. At present, given the strong indicative interest being shown in the COPL assets, we are monitoring the situation closely as a restructuring solution is still a possibility.
With this in mind, Michael proposes hosting a series of zoom calls, in late April/early May 2024, where he will discuss his vision with COPL shareholders and answer any questions/queries you may have.
To register your interest in this process, please email coplaction@ceclegal.co.uk listing the following information only:
Name:
Email address:
Country of residence:
No. Of COPL shares held:
Amount invested:
Approx date of investment:
Michael has a proven track record of success as a specialist Financial Services Lawyer, and specifically in large scale group/class actions. He, and his team's experience in restoring the finances of investors who have lost funds due to financial disasters and collapse ensures we have sourced true expertise. CAG has been working alongside Michael and have been provided specific advice and direction in respect to potential targets and the best routes of recovery. In addition, Michael and his team have already begun to map out a clear PR campaign to ensure that COPL shareholders receive the attention they deserve.
We have a proven winner representing us, and hope you’ll join our fight.
The COPL Action Group
There are several potential outcomes at present. It could all fall to the stalking horse bid on 17/04, although we anticipate it going beyond that stage. Dependent on eventual winner(s), nature of deal and price paid, the target priorities may change and claim amount could vary. We envisage there being multiple targets regardless, strong cases built against them already. We can now react quickly to all developments, a strong position to be in.
CAG is delighted to confirm that it is to continue to work with Mr Michael Cotter of Setfords & Carlton Elleker Chase, London (CEC). Our plan of action will be fully defined as the SISP process applied to COPL unfolds over the coming weeks, thus allowing us unhindered sight of specific targets and jurisdictions involved. At present, given the strong indicative interest being shown in the COPL assets, we are monitoring the situation closely as a restructuring solution is still a possibility.
With this in mind, Michael proposes hosting a series of zoom calls, in late April/early May 2024, where he will discuss his vision with COPL shareholders and answer any questions/queries you may have.
To register your interest in this process, please email coplaction@ceclegal.co.uk listing the following information only:
Name:
Email address:
Country of residence:
No. Of COPL shares held:
Amount invested:
Approx date of investment:
Michael has a proven track record of success as a specialist Financial Services Lawyer, and specifically in large scale group/class actions. He, and his team's experience in restoring the finances of investors who have lost funds due to financial disasters and collapse ensures we have sourced true expertise. CAG has been working alongside Michael and have been provided specific advice and direction in respect to potential targets and the best routes of recovery. In addition, Michael and his team have already begun to map out a clear PR campaign to ensure that COPL shareholders receive the attention they deserve.
We have a proven winner representing us, and hope you’ll join our fight.
The COPL Action Group
CAG is delighted to confirm that it is to continue to work with Mr Michael Cotter of Setfords & Carlton Elleker Chase, London (CEC). Our plan of action will be fully defined as the SISP process applied to COPL unfolds over the coming weeks, thus allowing us unhindered sight of specific targets and jurisdictions involved. At present, given the strong indicative interest being shown in the COPL assets, we are monitoring the situation closely as a restructuring solution is still a possibility.
With this in mind, Michael proposes hosting a series of zoom calls, in late April/early May 2024, where he will discuss his vision with COPL shareholders and answer any questions/queries you may have.
To register your interest in this process, please email coplaction@ceclegal.co.uk listing the following information only:
Name:
Email address:
Country of residence:
No. Of COPL shares held:
Amount invested:
Approx date of investment:
Michael has a proven track record of success as a specialist Financial Services Lawyer, and specifically in large scale group/class actions. He, and his team's experience in restoring the finances of investors who have lost funds due to financial disasters and collapse ensures we have sourced true expertise. CAG has been working alongside Michael and have been provided specific advice and direction in respect to potential targets and the best routes of recovery. In addition, Michael and his team have already begun to map out a clear PR campaign to ensure that COPL shareholders receive the attention they deserve.
We have a proven winner representing us, and hope you’ll join our fight.
The COPL Action Group
FYI, in responding to one of our letters, the delightful Mr Kravitz informed us that he ‘ceased my role as CEO at the initiation of the bankruptcy proceedings ‘.
No date, no RNS, nothing. Rules don’t appear to our wee Peter either……