Member Info for rustybucket

Looks like although, the remuneration packages were passed for the directors, not everybody is happy with them. Quite a few dissenters.

Tremor International Ltd (AIM: TRMR), a global leader in advertising technologies, announces that, on 29 April 2021, Ofer Druker, Chief Executive Officer, and Yaniv Carmi, Chief Operating Officer, sold 247,719 and 92,960 ordinary shares of NIS0.01 each in the capital of the Company ("Ordinary Shares") respectively. The Ordinary Shares were sold at an average price of 720.1225 pence per share and were sold in order to cover part of the tax obligations triggered by the vesting of the shares.

Quick calculation suggests thats about £250000 and £70000, thats some tax bill, on the FREEBIES.

KRSS, My last post on the debate, as it appears we differ. I am not interested in buying IRC, I would also not be interested in increasing our percentage. If the iron ore price stays high, IRC should make money. That means it can repay its debt to us.

If it flourishes brilliant, but, as updownflat posts what happens if Iron Ore goes the other way. It isn't too long ago it couldn't even pay its debts. Pavel wanted to get rid of it for chickenfeed, I was against that. But I would also be against increasing our stake. That is my final word on it ..............For Now, unless something changes to make me want to comment again.

KRSS, Firstly we have not got the money. Secondly, this is NOT the time to increase stake in IRC that was, when price was considerably lower. Answer me this, why would increasing a stake in IRC be preferable to buying the remaining part of a GOLD deposit , namely TEMI or repaying more gold pre-pay, or buying gold concentrate for processing.

I have said before I will say again, Retired Banker, Kenj when he used to post and others were all for getting rid of IRC and losing the guarantee. I was not, not at the price talked about, anyway. But, I see no reason to increase holding.

KRSS That is a load of rubbish. 30% granted is normally a compulsory offer, but you can also get specific permission before you buy the shares to be allowed to own more than 30% without mandatory offer. Mike Ashley owns more than 50% at sports direct.

40% gives more rights than 30% and 49.9% more than 40% for obvious reasons. ut you don't have a controlling stake until you have 50.1% of the votes, because you can then not lose a vote, ( unless you vote against yourself ) Any one holding more than 40% does not control the company, and any voting depends on the articles of association. Some requiring a majority vote, which is over 50% but, a lot needing 70%.

I don't know why we are having this conversation though, because its not happening anytime soon, and as far as I am aware, it certainly hasn't been published, the sale is not off the table yet. ( If it was ever on )

Ginodog, you state our resident doomster, hasn't posted any bull in the past 10 years.

All he ever posts is bull....

KRSS its quite clear why you didn't get to Harvard or Hoaward, Stanford, Redrobb shows what a controlling interest is.

In my opinion we have plenty shares in IRC, along with the guarantee. If IRC does well brilliant, but lets concentrate on getting right our bread and butter.

KRSS, I totally disagree, we have not got the money to buy extra shares in IRC, if we did it would be better used to buy the rest of TEMI, all IMHO.

How do you reckon a controlling stake is 40%, we already have control, we have the guarantee.

might be worth giving them a ring , sometimes they can reduce the spread and only charge one commission by speaking direct to broker.

Thats what I was meaning, when you do that, do you do it online, or do you ring your broker ??

Are you selling enough shares every year to use your ISA allowance. ?

Dawg, we normally call dinner ( lunchtime )

Hi Dawg, call me anything you like bud ( lol )

KRSS, That looks a bit like an each way bet lol , Gold price will go up. If gold declines.

There is not buch else that can happen except for it to say still

Maybe explains where Mithaq Capital SPC got a lot of their shares from.

Dawg, you forget the guy from PERK, he was so far out of his depth it was embarrassing, so bad I can't even remember his name.

Dawg, the main difference between these and blinkx, is the people at the top. They have a plan. Brian Mukerjee and the rest at Blinkx, never seemed to know what they were doing and how they were going to get there.

Every update, we were expecting some sort of purchase, or something ro deflect from the actual results. These guys are different, they ae gerating the stuffll you like. Real Money. !!!

Agreed 1noicse, the value of this company, isn't much more than what it costs to build a pox hub. Look at the money Polymetal are putting into building a second pox hub, that shows the value.

2022 now for the Amur bridge. They must be using meccano.

Amur River Bridge – Logistics are the key to success in any bulk commodity business and IRC’s assets are well placed in this connection. Transportation is a significant component in our cost structure as about one-third of our cash cost is transport-related. The majority of K&S’s production is transported to its China-based customers by rail and currently the routing is relatively circuitous and has no back- haul. This will change when the Amur River Bridge comes into play in 2022. Being the first rail bridge between Russia and China across the Amur River and located some 240 kms from the K&S operations, the opening of this transport link will be very helpful, since it will significantly reduce the freight distance to our major customers and improve logistics efficiency.

KRSS, I agree, IRC has improved its fortunes and taken advantage on higher IRON ORE prices. Long mat it continue.

Retired Banker would like to give it away, to lose pogs guarantee. Lets hope IRC can keep it going.