Member Info for robizm1001

Being spouted. They do not have 370 metres of mineralisation they gave the depth they drilled to. They have not said the length of mineralisation and just because it is near to Havrion and bigger does not mean better or commercial. Let the drills do the talking.

Last financial year complaints cost nearly £7 million and online was lose making. If they can stop the complaints without loosing the business they could recover. The loan book at year end was £96 million and knock off £20 million for the borrowing and £20 million for complaints still leaves a fair bit of capital.

The CMC might leave them alone as they make very little money in scheme of arrangement based on Provident paying 5p in the £

Please excuse my ignorance but Enquests costs in the North Sea will be paid in £ such as wages hire of equipment etc but the dollar has appreciated by 10% this year so those costs will come in less. Ie if wages are £5 million pound a month will this not lower the opex and capex North Sea costs. I know the accounts are in $ but will the strong dollar reduce costs.

They have £50 million in equity so if they use £20 million to sort out complaints could be ok if FCA go for it.

They need details first

They are still lending for one. They have made a provision of £45 million for complaints but have not said how much cash they are going to be putting in could be £10 or £20 million. Light on detail but with a loan book worth £70 million they could be worth a gamble.

4p maybe 3p. There is a lot of uncertainty and cannot see them getting new borrowing terms with all their equity used for scheme of arrangement. High risk

How low can tin go?

San Leon just borrowed $50 million.

Filtered for posting rubbish

They said it on the trading update that cable theft was not the problem but lack of spare parts for trains. I am just quoting what the company said and surely they would know more than we do in the UK

Diamond man there has only been 1 case of cable theft this year in South Africa. The problem is getting spare parts for trains.

He said his fund was short on Enq

Truthsayer Russia has had good political leaders for 20 years ffs. Putin has a 1/2 billion £ super yacht and is rumoured to be worth £200 billion. Numerous oligarchs have bled the country dry. Only 7% of Russian people have a passport and 20% have no running water. The Rouble is so strong that they are getting less (in foreign currency terms) for their oil and gas. The pipelines do not exist to be able to reroute the gas to anywhere bar Europe. Putin has put Russia back decades.

Save produce gas and oil in Africa. Any supply to Europe is many years away.

Is that not $8.4 million ebita on 800 tons

Many companies (including British) traded with South Africa right through sanctions. The business world did not have a huge conscious when it came to apartheid.

So why has Russia invaded so many of the surrounding countries and installed puppet governments. Hitler spoke of peace before the outbreak of world war 2

If all the people of the Donbas and Crimea wanted to be under Russian control they could have done it democratically. The vast majority of the people who left the region when the war started headed towards Europe with very few going to Russia. The cities of the region are in ruins with no running water or electricity. I think Russia’s aim was to drive the population out as where will they now live with billions needed to be spent to bring the infrastructure back up to scratch. If you want to speak only Russian and live under a Russian government then move back there.

Jonharris there are not many situations when shorts struggle to close