Member Info for wasred

Just my last post. I apologize for politizing this board, just a moment of fury regarding the march of the thought police. Back to GGP and our good fortune in being part of the present and future (up to a point when pecuniary greed overcomes loyalty {joke}) of a company withsuch exciting prospects. SS?

FSA_63, your mention of the Blue Streak brought back memories. My last trip to Oz, 64/65 on the S.S.Woodarra, took the last BS out with two of it's own engineers, then brought back, what we were told was the first one taken out, on the return. SS.

Tig, better put me down for 4, one each for the offspring so they know where their inheritance came from; the latter being on the assumption that there will be something left. SS.

Tig, better put me down for 4, one each for the offspring so they know where their inheritance came from; the latter being on the assumption that there will be something left. SS.

MassiveRay, best way. Don't tell Howhigh, she'll be wanting allsorts. Dresses, more housekeeping, diamonds etc, way before the important things in life, fast cars, better wine, box at your favourite footie team etc.

5.48% schlemeil

for my earlier rant about incompetent and/ or corrupt lawyers. Every once in a while I let rip, usually in an improper setting as here, although this time, in my dotage, I was very mild; just cannot let it go. Once again, sorry. SS.

TmyT, lawyers are not my favourite people, having spent 15 years attempting to sue them for negligence, resulting in a complete loss of everything (I was going ito say 100% loss). After around 8 years, 5 solicitors and 3 barristers, I took on the matter myself. Within 2 months I had an offer of £30k, which indicated in acceptance of guilt TMM, but a fraction of the damage suffered. Back to lawyers who stated they could understand why I had kept fighting as it was a clear case. When they spent my £30k they advised I did not have a case. I even had a barrister at one point who did not understand VAT, which as it involved a vat fraud which I had researched then proved, and a solicitor whose first words were ' Mr....... You are a f.....g prat'. My last barrister was very aptly named Stitcher. Mental health is also a subject I choose to avoid.
The other question, of your 40%, the formula is [(y2-y1)/y1]x100= % change. This formula I just pulled out of the back of my internet. I expect this will leave you as 100% confused as me. The article explains (1). that if the start is zero then the formula is rendered meaningless;. (2). Describing the increase as 100% is sensible whereas the description of infinity is not. Mud would appear to be an excellent word to use in describing clarity. I havev let my coffee go cold, you owe me. Stay Safe.

Right, now where did I leave off..........aaaaaaagh. Who stuck what in where??????
Morning all, now back to Havieron, of which I believe we still retain a 60% share. However, when our 60% share is reduced by 50% we will only own 30%. Now when our 30% is reduced by a further 16.66%, if NC buy a further 5%, then we will only have 25% whereas NC will have 75%. However if NC wish to increase their holding by a further 33.33%, and we sell 100% of our holding they will then own 100% leaving GGP with 0%. I hope that clarifies, and is the end of, the matter.

Redbone, spend £50 and make £50, you now have £100. How much of that £100 is profit; 50 x 100/ 100 % = 50%. That's your answer. What percentage have you make on your investment of £50 = 100% (gain). That is also your answer. Often the margin promoted depends whether your buying or selling; or simply passing the time until the LSE re-opens at 0800. SS.

Let's have another go.
A salesman tells a shopkeeper that if he buys x from for £100 (non variable) then sells it for £200 he will make 100% profit. This is true, from the salesman's viewpoint, but is not true from the retailers view. He wants to know, when he cashes up, how much of the money in the till is profit. Thus
Buy for £100 sell for £200 gives p.o.r. of 100% but a g.p. of 50%
£100. £125. 25%. 20%
£100. £120. 20%. 16.66%
Over the years I have educated a good few salesman, roughly about 80% (4/5) who tried to inflate the profitability of their goods. Well, it has passed the time, preferable to Coronation Street. Stay Safe.

Jodoug, as a footballer would say, 110% for your explanation, although I would point out, as an ex retailer, buy for £1 sell for £2 gives you a return of 100% on investment/ purchase.

SOS, no need to go on a course, you're doing very well without. Food for thought.

Oldbury (alias Gabriel), you joined LSE on the 2nd inst. Tomorrow will be be your 7th day. I will have the kettle ready for when you come knocking on our door to sermonize us about the evils of UKOG and save us from that 2 horned devil SS.
GLA, SS, UU, to all shareholders.

Agree BLSHLTW,. the reasons why everyone bought in still hold good. The oil is still there, just a modicum less due to extraction to date, and we own considerably more territory. Just a few unanticipated and in anticipetable hiccups on the way. GLA, SS, UU.

Cornsland there is a good joke with regard to finish/ finnish but inappropriate for this BB.

Personally I go for a buyout of Havieron only, dependent on the working relationship between the respective BODS. Assuming, as it appears, it is very good then it is better to engage with 'the devil you know' which applies to both parties. I anticipate a very fair and acceptable valuation of H by, coupled with an agreement with, NC that they have first refusal on all of the remaining, and any future assets, owned by GGP. This will serve a purpose for each company;. NC will avoid the necessity to raise the capital for a full takeover and possible auction and the gamble of assest valuation before a full MRE. It also ensures, if confident in what it has or expects to have, that GGP realises full and fair value for it's assets. Solely my opinion, others will think or even prefer otherwise, but that's my hat in the ring. GLA

What an handsome word. Are you finnish

And how many de-ramping posts have there been? And further, how many of those posts have been by the un-invested whose sole motive is to cause distress or trouble by attempting to mock? Schadenfreude re. In most cases it would not be so bad if they provided evidence to support their claims, some of which are outrageous approaching, if not actually, libellous and / or defamatory. GLA, SS, UU.

Best song? Got to be 'My old man's a dustman' Lonnie Donnegan late 50s. Or, seriously, 'Some Enchanted Evening' by anyone. Turned around 53 years ago and saw this little lady and knew immediately she was the one; Kismet. Still have that first glimpse in my mind. Been married for 52 years and still in love. Well, I am. However, the way matters with GGP are proceeding, I may be losing out a little to GH. GLA, SS.