Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
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Debt is either going to be paid, negotiated and paid (and WUP withdrawn) or it'll go to court and will either result in it being thrown out or the company being wound up.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
Could be some form of housekeeping issue being resolved.
Given we don't know the legalities in detail (i got from some of the replies the Tygra was so sure they couldn't be taken up at all) it doesn't seem to follow any logical argument in my mind.
Still, the devil is in the detail.
Hopefully more news to come before the new year