GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
...ENRC should have kept the 'Horse farm' it allegedly bought illegally. With the Bar B season about to start it may have made more than trying to sell copper when the worlds plumbing is turning to plastic.
played, so with the fear of being delisted and losing all, peeps will suddenly be content with an even lower offer. They are not billionaires by luck
LONDON--The founding shareholders of Eurasian Natural Resources Corp. PLC (ENRC.LN) will Monday ask for an extension to the deadline for their $5 billion takeover of the company, the Sunday Times said, without citing sources. The company's trio of founding shareholders--multibillionaires Alexander Machkevitch, Alijan Ibragimov and Patokh Chodiev--and the Kazakhstan government in May made a conditional, indicative offer to buy the remaining 45% of ENRC's outstanding shares that they don't already own. ENRC rejected the offer, saying it undervalued the company, but extended the deadline for the buyers to make a revised offer to June 3. The founders were supposed to have tabled a final offer tomorrow, but the Sunday Times said they will ask for more time to get the necessary approvals from the government of Kazakhstan. ENRC did not immediately respond to a request for comment
looks worse and worse. All hope dashed. What about kaz, if this gets delisted what happens if your are in KAZ? Will you lose 26% of your share value, I can only assume so if ENRC holders are going to loose every penny? Or will Kaz get paid something for this, and only private investors loose the everything they had in here? This is serious.
Echo. Echo, hello, hello, yep, and Echo.
unday 5 May 2013 LONDON--Two Kremlin-controlled banks are planning to back a bid for U.K.-listed Eurasian Natural Resources Corp. PLC (ENRC.LN), the Sunday Times said. VTB Bank (VTBR.RS) and OAO Sberbank (SBER.RS), majority owned by the Russian state, have been hired by three central Asia tycoons who founded ENRC, the U.K. newspaper said. They've set up a vehicle to acquire the outstanding shares and have 12 days to table a bid to meet a Takeover Panel deadline, the Sunday Times said. ENRC did not immediately respond to calls for comment when contacted by Dow Jones. The FTSE-100 miner is the subject of a criminal investigation by the Serious Fraud Office announced April 25 primarily related to whistleblowing allegations of wrongdoing at its Kazakhstan and African operations made since the listing. ENRC said in a statement that is "committed to a full and transparent investigation of its procedures and conduct." Shares of the company lost significant value since the 2010 acquisition of a disputed copper mine in Congo, the Sunday Times said.
So, I wonder how much we will fall today then?
Cut to the chase. I can't spend hours wading through that waffle, Eastenders is on. Is this good or bad news for FTO? I have been in here since the oil they are now pumping was but mere plankton.