Member Info for tomcat-14

just being polite if you ask me... if the administrators consider our offer to be fair and reasonable... you’d have to think the court will support that and rule to remove the deadlock... we should find out friday/monday...

i gave up before the 1st hurdle ob... couldn’t read the text on the scanned page...

what does that actually mean though... ‘secured creditors’... and what are the implications to them for the two scenarios...
a) successful jrp or
b) unsuccessful jrp and full bankruptcy...

or even... cash on the table... npv0...

in one of those interviews... it sounds to me like we’ve offered... or at least given them an option... to buy them out in the next 18months... using the revenue from the stockpiles... as previously noted... like us... the bank may want to see the stockpiles being shipped successfully... before making that decision...

the $3.3m net/ship... is about the same as the $5m gross per month he said we were shipping from the stockpiles... and since clarified... by road to santana port... which didn’t whi or someone explain in an article... how he got to the $2.5m net... so value has increased... up 32%...

yes we did... and at that point... 23% will have an investment valuation of $24m... on the books... and at that point... we’ll own 27%... d:)

riverfort... cuart... are on the charge filed on 25/09/2018... ob...

what were the 1.39mt 62.14% fe stockpiles worth today then... and how much is that per $45,000t ship load...

which must mean that indo start with 51% on transfer of the $49m debt... and the graphic on page 16 is based on them investing the $24m...

which price data source have you been using...

that’s definitely something i wanted to hear... to exercise our first right of refusal to increase our jv from 27% to 49%... it will cost us $24m... which should be a no brainier if by the time we get to that point... everything is looking as good as it should...

units are per tonne on bannors link... not per mtu...

ob... you’ll be please to know... i think you’re right... but you’re wrong... you’re right to apply the % fe to mtu prices... but the prices bannor posted... are given per t... already look to have been corrected to units... otherwise the units would be per mtu not per tonne... could be in the small print somewhere that they are mtu’s... but definitely not on the price page...
mb 65% fe iron ore index: $121.20 per tonne cfr qingdao... down by $0.40 per tonne...

sorry mistakes on trying to listen and do to many things... might take some time for me to catch up... the other thing it thought i heard... was us buying the banks out... using the revenue from the stockpiles... could that account for the reduced value...

he said 2 to 3 45,000t ship loads per month last time... and confirmed that again in this interview... which as ob/kiran have highlighted... is now worth a tad bit more than the $5m gross / $2.5m net profit per month that was mentioned last time... so it could be 3... or it could be 2... depending mainly on berth availability and covid... i wonder if he meant to say $5m/$2.5m per ship load last time... not $5m/$2.5m per month...

i agree... a kdnc amapa scoping study will be very useful for me and many others i suspect... srk will have done a lot of the work needed for the input as part of the initial dd... so it shouldn’t take too much for them to get all that together into a concise and issuable scoping study level report... that can be made public now that we’re at this stage of the project... i thought the last scoping study we had done was similarly very useful for us... and was turned around pretty quickly...

8-wheeler... https://www.mqp.co.uk/en/customer-support/transport-and-vehicle-information ...

4-weeks to mobilise... start moving ore on the 6th july (3,000t/day)... 45kt bulk ore carrier docks on 25th... start loading ore onto ship on 27th (9,000t/day)... ship sets sail full of 45,000t iron ore on 31st july...

what’s the volume and vwap on the sells...