Member Info for sandcrab

Because he was expecting the Mercuria cash to pay off Bergen

And FTB ,by accident or design, you've left out the most important words

'Whilst the [$4m] loan is outstanding '

People have been wrongfooted too many times with these ridiculous spiv financings

Even now people are still asking whether Bergen are 'out'

Mercuria have fcuked a lot of people up. Smart arsed comments by Dodge one can do without

Dodges post was faux naif

As you well know

It was a true statement. What's your problem?

https://youtu.be/JSUIQgEVDM4

The writing was on the wall here when the board did not have this company in the starting blocks ready to go, upon the dismissal of the appeal after 25 years gestation

As to ' just as the travel business was; with its potential only being realised once out of our grasp.' anyone like to explain in simple terms what happened?

I'm assuming this 'fantasy' is some guy the company has p*ssed off in the past

Emotional and irrational, like a lover scorned

All true Dodge. Mercuria p*ssed around for months before baling, apparently for internal reasons. I said in October that Mercuria's lawyers had from April to get the documentation ready to go so what were they up to

The new offtake etc should deal with cash issues until the projects come on stream

'. As collateral generally the collateral needs to be of roughly similar value in case of default.'

My recollection was that the collateral was supposed to be just 10% of the loan, but I could be wrong

The remaining 'collateral ' is presumably based on anticipated earnings and cash flow

Ha,ha,ha

Pity he didn't have you with him. You'd have sorted out those Romanian authorities

You're beginning to sound desperate Dodge, with your endless litany of complaints

Not overextended here surely?

Were the two 60m trades rollovers?

AP apparently states in the podcast that he could sign an offtake with any of the 5 tomorrow

Presumably waiting therefore to see whether the HNW individual wishes to finance the offtake as well as Marange

Also states that the community has received the licence

What has Tally got to do with Goldbloc?

' a smoke & mirrors Death Spiral financing package dressed up as Euro Bonds’

Is this statement by BMD true?

The diamonds are going to be financed by BORROWING not dilution

Shares of 10% of borrowing will be issued as COLLATERAL

TbtT panic sold when some troll on Advfn mentioned SSGI default

He's been bleating on about it ever since

Well they've taken 2 years trying to monetise this thing

Can't help wondering whether Putin / Xi/ Saudi clampdown on oligarch exporting capital + Federal Reserve quantitative

tightening is having some effect

And in English?