Member Info for tomcat-14

plus the amount paid already...

also includes confirmation of the regulatory approval for ganfeng to exercise their pre-emptive rights to increase their holdings to 28.28%... due to complete imminently...
ganfeng valuation of bcn... 67.5p x 296,252,547 = £200m...

i take it that it’s gone up again then... more dev slots being added... there’s definitely an incentive in the ore prices at the moment... to get shipments going as fas as possible... rather than taking the 18-24months noted... would catch up on some of the lost time with the settlement too...

how many more slots have we got now... after this one...

she’s a bit bigger than the last one... same size as tango... u’s recent record holder (48,810t)... i wonder if they’ll go for a new record shipment...

mb is moving in... **** the dredging...

g’day blue...

eyeball eyeball... ore carrier approaching...

uo... ??... pac... is that ours in the middle...

thanks... considering it set off to cross the atlantic over 6-days ago... it’s not a recent swap... it’s been arriving today for over a week... and leaves the next slot vacant if it isn’t an addition...

1.39 x 10% / 0.45 = 3.09... those would 3 yes...

are the may dev dates scheduled back to back ob... so could be medi b then medi z still due on or around the 8th...

we know their dredging schedules get changed more frequently than the shipping schedules... shipping seems to take priority... unless the dredging is absolutely essential...

looks promising... arrives tomorrow...

did our medi get married... and changed her maiden name... and dev’s actual medi is much closer to santana than the one we’ve tagged in rio... i.e. will be on our radar tomorrow...

is that #2 or #3 though... who’s the hubby...

she’s next in... :)

getting that 1st shipment underway so fast after the courts lifted the suspension... demonstrates to the courts that dev are ready... willing... and able to ship as soon as they’re given the get go...
rather than correct the 10% to $10m... i’d ask the court to think about making it 100%... with the courts holding back the banks 10% retention from the net profit sales... until they do complete the settlement... or it amounts to the value owed...

the banks look to be still trying to scupper the jrp and inherit the asset through bankruptcy... it’s well beyond the time for divine intervention by the courts... didn’t they give the banks 60days to settle... many months ago... or execute their guarantees...

https://youtu.be/sI66hcu9fIs ...