Member Info for topshot

Jmac, thats an interesting thought, you could well be on the right line, its certainly something I had not thought of and given as it stands only Minto is in the frame.

As to lifting suspension I am not convinced BH can, the regulators ( FCA ) will be looking closely at what is going on, they will not agree if they think an orderly market would be unlikely, with BOO and potential legal threats, almost certainly a delayed AGM we then have the upcoming requirement of FY23 accounts. I dont see regulation agreeing to a lifting anytime soon.

Best ts

Siverlight, they are probably working hard on a strategy and finding what support they may have to defend their position if indeed they intend to defend it, if Boo do get there way it will be a low ball offer, its what they do.

Will this now come out of suspension with all this going on? I suspect not.

ts

Just come back and seen the RNS. SL absolutely they want control, this is a pre-curser to a take over, my veiw is they have had discussions with Bob & co and they wont consider a low ball offer so use your position to remove them, install your own people who will agree a low takeover, job's a gooden.

as always time will tell.

Best ts

Savs1907 LSE does not report buys or sells, only trades, its various sites like this one that use an algorithm to do so based on the mid prce at the time of trade, it is inaccurate at best as no one knows which direction the trade was other than the buyer/seller & broker if one was used.

I like many have bought or sold on the wrong side of mid price it happens all the time,.

best ts

Oh dear!! fingers and thumbs last line "because eventually"

Itsawrap, dollars to pounds exchange rate . 1 million $ would equate to around £732 K

BTW I have not done a dailey calculation so not precise.

Best ts

Morning all, Hosai you and some others keep refering to re-listing, REVB ARE NOT DE-LISTED, they are ( merely ) suspended from trading because of the late posting of accounts FY 22, we all know about that.

What is agrivating everybody is why they are taking so long to lift the suspension and that, in my view, is the current issue, because we are being told nothing evryone is speculating which is to be expected, BH's reply to that email to me showed he is irritated by the constant emails asking quite legitimate questions which he has made clear he is not going to answer, why not?

That then leads us to the reasons why he's not going to answer, a simple explanation from the BOD as to the info that LSE require would not, in my view, constitute sensitive information therefore there has to be another reason as to what is going on and that is causing the understandable speculation, again my veiw is that its not beyond possibility taking this private is on the table. I dont believe BH has lied to us but I dont think he is being straight either, up to now he has hid behind blaming BDO and now LSE, mmmm ; very easy to hide behind others so you keep the real reasons under wraps.

Only time will tell, in the meantime have fun speculating becaus eeventually someone will be right.

Best ts

There is also the small matter of the full year accounts for end year 23 which was 28 Feb they only have another 3 months to publish them, it is possible given the lengthy delays we have experienced that the regulators may not agree to lift the suspension until those are produced because should they be late we will go back into suspension again.

just a thought, hope its not the case and I would be a little surprised if they were late ( again )

anyone noticed that, apart from now EXPECT during May, the 6 monthly accounts will be released as soon as possible after ( previously it was at the same time ) and after that they will work on getting the suspension lifted as soon as possible.

So suspension in place until end of May if we are lucky, still cant understand how LSE are letting this ride, we have not been informed that REVb applied for an extension, could we now find they are going to be delisted, LSE can if they decide to, cant see them having the micky taken indefinitely.

Have a good weekend all, just chill, nowt we can do but wait.

S L, I'm sure the girlfriend will be over the moon, which is probably where the RNS has gone :-)

J.Bash, perhaps the person carrying the eggs slipped and dropped them, they got smashed, now waiting for the hen to lay some more.

Gordon, I understood that was what you were supposed to do, you suggesting I have got it wrong all these years : - (

Conger. I had my own business before I sold up, took me 3 years to settle really, getting up in the morning and thinking I have nothing I have to do but you do get used to it and its great I have now got that much going on I dont know how I found time to work.
As to your keen buyer, I was told many years ago by a successful business friend that the best time to sell something is when someone wants to buy it. good luck.
TS

AG1989 yes agreed it does leave room and hopefully we will all benefit financially but another interesting point in the RNS was that Naheed said the power generated could be used for Thar blocks 1 & 2 which are up and running, Naheed did not mention it could also be used for block 6.

Everything seems to me to be pointing to not mining for the coal, just my interpretation, I could well be proven wrong but again the longer it goes on the less likely it 's going to happen because the developments in the green energy sector are moving at pace, I see BP are going to produce green Hydrogen in partnership with the government of Mauritania, see BP website, look up GTA, Mauritania & Senegal interesting read.
These things are happening right now and no doubt there is a lot more to come from various directions. as always time will tell.

Best ts

S-T-M simply coal is viewd as a no go area by nearly every country, all are committed to reducing /eliminating its use, even ****stan has agreed to join in with other nations, under pressure.
National governments, the bigger finnacial institutions wont put up funds for new coal mining, the world bank stated some 18 months ago that it will not provide funds to any Gov; of finnance institution for coal projects.

Look what Naheed has just stated , all to do with renewable energy nothing about coal other than at the end of a paragraph regarding the positioning of the deveopment would be on the perhiphery of the Thar V1 area ( which makes sense anyway ) " any coal-related project in the future" the operative word here is "FUTURE " imo the longer that future goes on the less likey it will happen because the world is heading full tilt to green energy, also bear in mind Thar coal is Lignite, the dirtiest coal on the planet and most expensive to clean up, in fact there was a report published, commisioned by the world bank that stated it would be cheaper for ****stan to import brown coal from Europe. That was about 2 years ago, dont have time to look it up again so cant provide the link other than it could be on the world bank info.

Just before I am proclaimed a de-ramper I am not nor a ramper I have a reasonable holding here, have done for over 3 years and would like / expect to see a nice return only its going to take longer than first envisaged.
best ts

At last we get confirmation that ( in my view, been saying this as far back as 2/3 years ) Thar V1 coal will stay where it is, in the ground, clearly Oracle are only concentrating on green energy which is good, this will be a multibagger but only over time, this is now longer term.
I'd like an updater on Australia , seems very quiet, is this going to fade away or sold on?

Good news anyway but some way off.
best ts

Has anyone else thought about that we have had no mention regarding the suspension, other than they want to get it lfted as soon as possible after the accounts are issued, and the 6 month period allowed, have RevB applied for an extension, I have not seen anything to tell us, are they now going to request an extension?
Having read the rules through it seems to me that the LSE could delist them because we are already a month over and about to start month 8, some clarification required here from the BOD needed.

Also this RNS is mostly a cut and paste of the last one, not impressed I'm afraid, I'm also trying to find a positive in the loan facility reduction but that its fully drawn down concernes me. With the lack of info not sure where this is going.
best ts

My take is, the rns has been issued, not for the benefit of PI's but too show the FCA that they have issued an RNS with a date included as a way to ensure they are not de-listed at the end of month, being 6 months.
the FCA rules say they ( FCA ) MAY de-list a security after its been suspended for 6 months.
best ts

Yes Tygra I accept what your saying, like all of us I also saw the post by barneybills but that does not change the fact that Angs BOD will need official confirmation before they can release the rns, I doubt the nomad would allow them anyway.
best ts

BV I doubt Angs can rns before they receive the official notification confirming the appeal outcome, until they do its just here say.