Member Info for shamI89

Another way of saying that is that bidder have to pay 118 million to buy this company.

Can you tell me where have you got 400 million liabilities from as last time I have checked they had 70 million debt and they had 70 in cash as well so that cancel each other out.

put a strain on Flybe balance sheet, poo has fallen by nearly 30% since then and it is expected to fall further if a production cut is not agreed.Situation has improved for flybe.

to brexit and rising fuel costs, However poo has fallen by 30% and is currently trading at 59 from 78.Everything is going good.Flybe was struggling because their small Carriers were uneconomical compared to larger aircrafts other airlines were using it would be other way around for other airline.

Struggling but not loss making as they have managed to make 14 million profit last year

Either way, An RNS would put us out of misery.

Was speculating about this for sometime but nobody expected that shareprice would fall below 10.At the mintue it is hard to put a value on this company.

Yes, it is getting interesting but lets see how it pans out.

Should see an official RNS on Monday.According to Sky Article two other airlines are interested in Flybe as well, so how it pans out.

It is significant sum of money and nobody is risking that kind of money unless they are prety sure that they 100% sure tgat they would make return on that.Now give me one example where a 17 million company would have 200 million funding to construct a mine which is worth 2.1 billion.It is all there, I am 100% sure that a take over bid is coming and it may not be too far as we speak.I have never seen anything like this, regardless of srtbacks we have encountered this asset is worth something to attract 200 million financing.

I dont think that Chinese would be throwing away 200 million on asset which is worthless or uneconomical.There are too many unknowns but few things that qre known are extra ordinary.

I would not want to throw a random price but I have not seen anything like this is my 7 years trading career.Lets see how it pans out.

A prime take over target, I have never seen anything like this, where they have 200 million funding in place, mine is being developed and their portfolio of assets is increasing.It is getting really interesting.

I remember Carrillion winning some new government contracts and thinking if these lot are going under why would government give them some more work.Think clue lies in short positions, if short positions remain same then they know something that we don't and they tend to get it right more than us.

Think you would be labelled as a "deramper" if you ask these logical questions.If you look at history of this company they have raised many millions for this contract and this contract has not been finalised yet. PF did say there would be another contract but that is yet to come.

at what price these lot would do next placing at, only 7 weeks until next year and we are yet to sign the contract.

Their Niegerian assets are worth much more than current market cap but SO can not be trusted.We don't know what is happening with that and what revenue if any we are getting out of them operations.There are far too many unknowns.

Think, it is a trade which has gone wrong, I wish him good luck and hope that he claws back his losses.

When trading update is due regarding quarterly production?.

But what would happen to share price, given That we know nothing about Financial situation, current assets are being evaluated and reassessed.