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kooba
keep digging - i repeat - this is a wise forum with long memory which has seen it all before - you will soon crawl away
kooba
you are falling into my trap of losing your temper
i did warn you - this is a far wiser and better forum than ADVFN - it has seen it all before
start nonsense here - and be prepared for the long haul - and even then you will fail
placid senseman - a bully..? - don't be silly - he is smart and patience enough to know that spies and hidden agents always in time drop their knickers at unguarded moments - as you have done
so what is your next cheap missing shot?
i will of course in due course be enlightening ADVFN that you are operating under via hidden agenda for a significant entity
again - i did give you fair warning - several times
kooba
most may have zero ethical standards
you may have zero ethical standards
it does not mean none have ethical standards
i have ethical standards
others have ethical standards
ca breached reasonable ethical standards re it's relationship with PIs
CA by now know this - notwithstanding that it already did
every condescending post you write here diminishes your LSE standing - this is not ADVFN - do you have zero awareness?
do keep posting
kooba
Keep poking with cheap losing irrelevant digs. This is a wise, intelligent, resilient forum. Many have tried. All have failed.
in a single day, you have destroyed all respect and goodwill this forum held for you. You willingly assisted, of course, by amidst angst reveal that you were operating under a disguised agenda for an undeclared entity with a significant interest
Kever
I have received an email from a LTSH informing me he has written to RB of CA, and HUR, regarding the precise missing 3p issue you cited. Were I you, I would email RB of CA directly, and cc to HUR 3 chief execs
dive
read the last 10 or so posts
CA have breached an ethical obligation to PIs, not the other way around
kooba (usually ADVFN) has, amidst angst that our forum is not rolling over for him, revealed is is a SECRET AGENT for SOMEONE
kooba LSE 16.37
"Yep i know all about it as i said..both hearings everything thanks. I don’t want to fall out senseman but you have no idea of my involvement."
ex bondholder ASI - then look harder. many hundreds on this forum judged you months ago - but do keep digging
trying to make kooba your new temporary next best mate - any leg to crawl up?
kooba
i will specifically avoid falling out with you
but i will educate you
there IS an ethical dimension, and CA have IGNORED it
RB of CA does NOT need you to defend him. and i did NOT instigate a twitter attack on RB - it had ALREADY started
RB is quite thick-skinned enough not to be offended by anything I post, since he knows I state my views without rancour, do not bear grudges and would not take offence at anyone accusing me of murder, providing they explain themselves
RB is also aware there exists an ethical dimension to this, and by now my view is that on some level CA have breached an unwritten obligation to PIs.
also - i am not so stupid that i am unaware that your involvement is, and has always been, greater than you advertised.
IF you want a 2 week debate on here i will be happy to oblige you - i do not like secret agents operating under hidden cover - i will ensure we will not fall out but i will ensure ensure you will tire and retreat first
and i make the fair point - if you have adequate knowledge of the court period etc etc, you should know there exits an ethical dimension - particularly now i have highlighted CA's vulnerability on the initial 'rubber stamp' court day, and the request made by CA for PIs to help - which i did make you aware of a few months ago in our ADVFN communication.
koob
have no intention of falling out you with at all
PIs know on their own they could not win - how could they when CA needed to front the money and the court application? it's stating the obvious.
my essential point was the ethical dimension - which i stand by unreservedly. wood for trees, koob, wood for trees.
the ethical dimension exists and ca are remiss in electing to ignore this
In 2021 CA's big gamble/risk was the initial standard one day hearing whereat HUR expected the judge to rubber stamp the deal as per normal - CA were NOT represented at that hearing for lack of time to properly prepare and also a desire not to reveal it's defence lines, but made representations by letter.
At CA's specific request (i was the conduit) this forum solidified and sent +200 emails, many with detailed argument and evidence, to the judge to convince him that facts were not as HUR presented, the restructuring application should not be rubber stamped that day, and that a 3 day 'evidence' hearing should be ordered. The judge agreed and ordered a 3 day evidence hearing for some weeks later which gave CA time to prepare. Had this forum not sent +200 emails to the judge (and 3 PIs spoke to the court via camera - it was Covid time), there is a genuine possibility HUR's application would have succeeded at the initial one day hearing. At that one day hearing, PIs (& CA's letter to court) successfully persuaded the judge that SHs were not 'out of the money' in all circumstances and thus had no right to be heard.
CA's legal duty is limited to it's SHs and it has zero legal duty to HUR SHs. By virtue of what it asked PI's to do at the initial one day hearing (perforrmed beyond all expectations) and at the three day evidence hearing thereafter, (again, performed beyond all expectations) it has an ethical obligation to HUR Pis extending beyond it's legal duty to CA shareholders. That obligation is not to present PIs with an Irrevocably Undertaking-protected deal which PI's abhor.
With respect to Kooba who did not involve himself at all in any court events or campaigns and thus whose knowledge concerning such is limited and flawed, there thus exists an ethical obligation of which he is unaware, but should be before opining re this issue.
koob- thanks
long term i have copied to here your posts i considered peeps would benefit from reading, and advised them to
i had no wish to copy a post just to appear to have a pop at you re an issue we disagree on.
if my wording was less than perfect - apology. am working
it won't be a surprise to see oil rise from current $74.9. it is reasonable expectation which peeps are entitled to build in. standalone viability in my view is markedly less than $90. i continue to fail to see how any intelligent viewpoint (eg. HUR, CA, you) can fail to take that into account, at least to measured extent.
https://www.reuters.com/business/energy/oil-price-fall-speculative-hit-140-by-year-end-andurand-2023-03-21/
kooba
For openness please copy your today's 10.09 ADVFN post over to the forum. I am a tad surprised at the disparaging nature of some of the comment regarding the quality of opinion hereon. Whereas no one hereon denies that without CA undertaking the necessary 2021 legal task we would have all died, by similar yardstick it is wholly possible that without the vast effort and support of this (not ADVFN) populous forum, that legal challenge would have failed or not succeeded to the extent that it did. Part of that effort was the sending of innumerable remarkable accurate (so it proved) financial projections to the judge.
Fellas
As usual a beautifully written CA RNS. But CA now place ultimate return to SHs on a HUR well 6 standalone basis being 5p - 8.5p. HUR standalone figure is circa 8p. HUR's projections have historically been REMARKABLY wrong., via the applications of certain inappropriate metrics which CA now clearly embrace. CA have made a commercial judgement call to support the deal. The relevant RNS segment has been written to support that decision. I believe CA have failed in it's only obligation to PIs - namely not to support a deal which most PIs of all persuasion find inadequate and inexplicable. Overnight I emailed CA courteously yet explicitly expressing and arguing my view of the deal and this morning received a courteous reply. My view remains unchanged. Both emails will remain private for reasons I trust readers will understand.
It takes time to properly process the ramifications of important RNSs and that is what I shall do. My lay advice should anyone want it is to always look beyond beauty to the essential fundamentals behind.
Beautifully done Mariog - I get it that Prax having immediate plans explaining the Irrevocable Undertakings crap.
I'd encourage all to read Rodney's earlier posts. Clearly digging & thought done and begs the question with new ERCE time and resources upgrades at HUR BoDs requests- is it the start of a slow revealing of higher true resources?
Circa 40 replies to RB's tweet so job done & RB knows it's representative. No need press the issue further. Simply that if people want to reply feel free
https://twitter.com/CrystalAmberRB1/status/1636661454152646656
The biggy all want answered (as it gives BoD 45% of all shares at the AGM and presents us with a 'Russian election' situation - by what legal? mechanism were non BoD SHs Kerogen given truckloads of privileged info enabling them to agree the deal and sign an Irrevocable Undertaking?
Oldman
Excellent email containing valid point - do we have any lawyers who can legally explain Kerogen being given privileged info?
Keep informed if reply or no reply. If no reply may merit a mass sending by 20-30 PIs
On tweet-front, circa 40 replies. so RB definitely aware of peeps views at this stage
https://twitter.com/CrystalAmberRB1/status/1636661454152646656
then help and dump the personal stuff.
we are currently stuck half way up the sheer eiger north wall in a snowstorm unable to see a way up. so we move sideways till a crack in the rockface hopefully indicates a way upwards. the one thing we don't do is stay where we are, mute & still till we die
RB of CA is currently writing the CA RNS re this matter. Tweets are public domain, emails aren't. For tweeters it's quick ,impactive job, email takes longer, more considered. We can get to emails later (AGM is end April), when someone has rooted out a decent list of inst invests & contacts.
I am currently writing to CA in serious form - will take me couple of hours to pen it properly. Like Dalt, I use landline mainly & my mobile is basic phone and text 15 yrs old. My 'I don't tweet' was an off the cuff statement of truth. When I have time (5 hrs sleep last night), I may indeed tweet. Yest I spent maybe 6 hrs reading through ALL the docs. Do I now also need to fire-proof e very post I put on here
ASI sold up few days ago yet immediately returns to destabilise & demoralise. Please will others defend against him. If I do, it will play into his hands & deflect all from the main goals. Which today are TWEET, read docs, find inst invest list & think what can be done
https://twitter.com/CrystalAmberRB1/status/1636661454152646656