Member Info for SteJSteJ

But realistically, given the payment delays, the first offer wasn't worth $100m. Hence the rejection.

It was rejected because it was pretty awful, not because of the size.

The offer ater was a better guarantee of funds up front

I don't recall Amur getting a "haircut", it was just the price that was offered. Or are you implying the discount to NAV as the haircut?

I recall it being the price a distressed seller was offered as opposed to any government intervention

But as you've pointed out, as a distressed seller they were sell or bust. That's not necessarily the case here

That's not the case on Amur Chessmaster. The first deal had a very long timeline for when money would come across (if at all), hence it being rejected

Not sure any institutions have held shares since the war. Did someone used to run a tracker for that kind of thing?

How have you not just filtered the usual suspects by now Kammy? Not worth the effort to engage with them

Your powers of observation are amazing. Why are you wasting them here when there are crimes to be solved? Quick, go child!

Whilst those invested may read into things with rose tinted glasses, I think we can all work out what B1ll's glasses are tinted with

Whilst those invested may read into things with rose tinted glasses, I think we can all work out what B1ll's gla

I thought you said you were leaving

Link?

Is it time to get the rocket out of storage?

Interesting few sessions. Not had to add "new" posters to the green box for a while now

I'm guessing the "approved" angle is that the authorities are happy with it all so it is now "published".

Let's hope it make interesting reading

Given they have previously stated they are stockpiling, selling the concentrate may well be considered newsworthy.

Just wait and see I guess

I disagree. I feel the market is reflecting the reduced likelihood of a sale given the war, not of the value that could materialise in the event of sale.

If the assets in the ground are worth 1000x current mcap, for example, then selling for 30x would be a failure. If the assets are only worth 5x mcap, then a 30x sale would be a huge success.

It's all a bit moot, as none of us on here know the value of the assets given the information we have at hand

I guess that depends on the value of the assets.

Sounds like you should sell up and move on then

War. Have you not been reading the news for the past few years?

Sounds like you have shares to sell if you think this is going bust...