Member Info for tomcat-14

20 oct '21… now over 11%…

conditional on dev ownership passing to pba… it’s now or never… mr banks…

tfiw payday on friday…

nice one bannor… anything interesting in the missing bits at the end… 99.9% of these will be transferred to pba… do we know how many pba shares are in issue yet…

i’m sure there’ll be other interested parties… once ganfeng get the stage 1 pilot plant up and running… if they do need to make those concessions…

this issue they’re having with the mexican antitrust clearance… may pose them bigger problems in the future… if they do have the ambition to own 100% of sonora… kdnc’s 30% jv partnerships in sonora could be key to them obtaining clearance for the bcn takeover… particularly if they make them consolidate it all now… so that la ventana isn’t owned 100% by ganfeng… would they… could they… it’s a complicated mix of ownership’s that’s needed simplifying for some time now…

yes it is… ganfeng have received 53,652,640 valid acceptances… including those received in respect of… 52,528,941 bcn shares beneficially held by m&g… black and white…

*principal… (left in charge)…

for pba to have corporate control over dev… they would need to own dev shares… wouldn’t they… the confusing bit is why the nwta would acknowledge and grant this… maybe they have been controlling dev previously… as a principle creditor of some sort… hence why they have given us 30days after transfer… for dev to specifically settle it’s debts with the nwta… it’d be a coincidence if that’s about $3.5m…

knew it was it…

i knew it…

m&g… 52,528,941… (13.67%)…
others… 48,338… (0.01%)…

bcn shares in issue… 384,144,901… (100%)…
ganfeng’s holdings… 110,933,697… (28.88%)…
valid acceptances since 20oct… 52,577,279… (13.69%)…
total valid acceptances… 53,652,640… (13.97%)…
total… 164,586,337… (42.84%)…

i do think that they need to continue with the weekly acceptance level updates… until 7-days before the unconditional date… when they then need to start to report these daily…

no… it’s just a schedule/timetable for the takeover… day39 (24oct) today… day46 (31oct) 14day notice that the offer is unconditional… day60 (14 nov) anticipated unconditional date… are all defined in the offer… these require certain things to happen in order to keep to the original schedule (conditions)… reaching day 39 without this condition being satisfied… now means that the offer must be paused until the condition is satisfied… they now have a maximum 47 days to get this condition satisfied… so that the takeover can be unpaused and completed by the long stop date 31dec… it could therefore be unpaused between now and 10dec… whenever the condition is satisfied…

22oct / 14:17:43 / 69.90 / 500 / buy / 349.50 / o…
22oct / 14:00:28 / 68.50 / 350 / buy / 239.75 / ut…

https://scholar.smu.edu/cgi/viewcontent.cgi?article=1833&context=lbra …

can’t be sure… but quite confident they won’t be stealing my shares for such an unreasonable offer… particularly now that i/we voted to give them access to my/our shareholders profits account… my vote was conditional that they use that to up the offer to the max… it’s available to them now… and £1 is still a steal for them anyway… i also don’t think they’ll want to drag this on in a fight through 75% to try to get to a 90% compulsory purchase as much as i want to… getting it for £1/share will be a great result for them…

i’m just a bit intrigued as to how / why barclays keep reporting a net zero position… if that includes nominee accounts… shareholdings = shorts… i’ve had a long term theory that some nominee providers use a minus 1 (x -1) algorithm… and automatically short every clients share purchase… unless you all have net zero holdings…

do you think these form 8.3 reports include your shareholdings… and other nominee accounts…