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Have you raised any questions with the company regarding the DFS for MT?
I asked a while back and was referred to the RNS saying t would be released when signed off.
Given options have been exercised now, maybe it's worth asking the question again as to when it will be released / why hasn't it been released?
I disagree. Plenty of upside. Huge catalyst would be any sort of resolution to the war.
Still, lots more risk with this share since the war began and sanctions will be something that has to be worked through or around.
I feel the case Del is a "wait and see" item (like many things with the company).
Until something gets released in the form of court docs or RNS then any discussion will be hard to have (even harder if Toffers decides to chime in) as it'll all be based on assumptions and personal views.
The devil will be in the detail, of which none of us on the board will be privy to, so it's somewhat moot to discuss until it is resolved IMO.
When there is a resolution, it will then be interesting to discus what that resolution will mean for the company etc
Sadly, the administration of these boards leaves a lot to be desired these days.
I'm amazed the latest reincarnation of Toffers has lasted so long. Previous monikers were dealt with reasonably swiftly I recall.
Still, I guess it's not in the interests of the LSE board to remove them as more posts mean more traffic mean more ad revenue. Why facilitate useful discussion when you can just allow bickering to get the ad views on the rise.
Are they still going on about the WUP? Jebus! Just report or filter them, they then might go away.
Not sure what there is to talk about regarding it. WUP has been raised, EUA claim to dispute the debt. Just wait and see what happens surely?
Debt is either going to be paid, negotiated and paid (and WUP withdrawn) or it'll go to court and will either result in it being thrown out or the company being wound up.
I assume that the Toffers is still peddling the fait accompli regarding the WUP?
Have they acknowledged that according to EUA RNS that the debt is in dispute which COULD be grounds for the WUP to be thrown out?
Have they acknowledged that a reduced bill COULD be agreed and paid?
EUA claim it's in dispute as per the RNS. You have no knowledge of when they raised this dispute . It could well have been well before the WUP, it could have been the day they got served. The response from EUA seems to suggest this has come as a bit of a surprise to me, so highly likely IMO, that the dispute has been in discussion for a while.
Just because the other side doesn't think your dispute is valid, doesn't mean it isn't, and vice versa.
I disagree MrY. The fact EUA are disputing it is surely the reason the haven't yet paid it. If it wasn't in dispute then they would have paid the bill.
Regardless, it'll be up to the judge to decide on whether the debt is in dispute for good reason or should just be paid ( and what happens thereafter).
An estimate of 50% doesn't sound sound like an awful guess, but then again, it'll be in the range of £0 to £100k ish, which should be small fry with regards to a company involved in exploration.
I don't see much benefit of getting the company wound up, just to get your bill paid. Ultimately, in my mind, they want their fees, and this may be a heavy handed way of doing so.
Some interesting case studies in some of those links DTTB
https://windinguppetitionsolicitors.co.uk/aggressive-debt-recovery/
Pompal. Why would they inform us? As evidenced by many, it's a pretty standard practice in the legal profession to try to get a bill paid.
It's a storm in a teacup due to a jittery market.
They clearly thought it was irrelevant, given the sums involved, it's the market overreaction that's caused the RNS release.
Surprised you've done a 180 on such an issue