Member Info for Wimbledon

not sure how to read this. talv told me they have nothing more to do with the mine however it appears the current talvs existence still depends on the bankrupt parent company . i dont really understand these things but will email talv about it 'Talvivaara's Financial Statements for the reporting period 1 January - 31 December 2016 have not been prepared on a going concern basis. The chosen reporting basis results from the existence of material uncertainties that cast significant doubt upon the Parent Company's ability to realise its assets and discharge its liabilities in the normal course of business and from the lack of visibility on the Parent Company's operational environment twelve months beyond the date of reporting. The Administrator has on 6 March 2017 filed a request with the District Court of Espoo to confirm Talvivaara's final draft restructuring programme dated 10 April 2015, but Talvivaara's ability to revise its reporting basis and to regain its status as a going concern is also dependent on the Parent Company's ability to secure the necessary cash flow to discharge all of the Parent Company's liabilities (including the remaining restructuring debts) and to continue transforming the identified business opportunities into viable businesses. The arrangement concluded with Terrafame Oy on 30 June 2016 and the confirmation request filed by the Administrator on 6 March 2017 have, in the view of the Parent Company, materially improved the Parent Company's possibilities for reaching the afore-mentioned targets. For more information, see sections 'Review of Operations' and 'Events after the review period'.

well just waiting for thr re org confirmation.. i have some comms with the compaany recently and all is not lost as they have been been working other stuff.. a bit odd why it hasnt just folded and started up again but hey ! talv have nothing to do with the mine anymore so i guess they think they can make a go on the other stuff but of course need the re org to be completed and tbh i think it will be and then focus on their other projects IF they get funding ..

http://www.talvivaara.com/media-en/Talvivaara_announcements/stock_exchange_releases/stock_exchange_release/t=talvivaara-mining-company-annual/id=228438157

well providing the restructuring is accepted there appears to some hope

In light of the information received from the Company, the administrator has assessed the credibility and potential of the new business operations initiated and developed by the Company. The administrator is of the opinion that, on the one hand, the Terrafame agreements and the business projects they make possible and, on the other hand, the acquisition of additional financing required by the restructuring programme and the Company's general meeting's share issue authorisation making this possible have made it possible to successfully rehabilitate the Company's business operations and implement the restructuring programme. Based on the above grounds, the administrator is of the opinion that requirements (a)–(c) for approval of the restructuring programme, i.e. all of the requirements set forth in the draft restructuring programme, have been met. The administrator is of the opinion that the attached final draft restructuring programme is in this respect fit for approval and implementation and requests that the District Court approve the Company's restructuring programme.

Due to Talvivaara's experience, and particularly due to the financial potential of the extensive group of shareholders resulting from the implemented and considerable debt conversion, several smaller and medium-sized industrial companies and other operators have approached the Company and proposed cooperation. According to the information received by the administrator, the Company has several cooperation and development projects under way. Of these projects, the Company has been able to choose the alternatives that are most appropriate for it and most credible industrially and commercially. The Company's goal is to continue to reserve resources in the future for receiving new development projects and ideas and for further developing projects fulfilling the requirements as part of the normal business operations of the Company and its subsidiaries and affiliates. The arrangement carried out with Terrafame Oy has, among other things, made it possible for the Company to acquire metal industry technology that reduces the energy requirements and increases the capacity of scrap metal smelting furnaces. The Company has estimated that the service business model in question has significant global potential. The Company has hired numerous experts in the field in question, and according to the Company, it has received positive feedback from the market on its first marketing efforts. The Company has also initiated a productisation project primarily for the utilisation of nutrient- and energy-rich types of cattle manure and for the commercialisation of the products produced from them that involves both the Company's own personnel and third-party expert organisations. The Company has stated that its goal is to develop a service concept using different operators that is intended to start industrial scale test operations during the summer of 2017. The Terrafame agreements have financially made it possible to also develop this business model into a commercially viable form. In addition, a significant holding in the Hanhikivi nuclear power plant planned for construction in Pyhäjoki has been written down in the Company's balance UNOFFICIAL ENGLISH TRANSLATION 10 (11) sheet. According to information received by the administrator, the Company has considered options for increasing the value of the holdings based on the progress of the nuclear power plant.

txs geek d day approaches

'. At the moment the Company and the previously owned Mine have no connections. Talvivaara Mining Co. Plc continues on its own path with the development of the energy saving technologies.' . 'at the moment' hmmm

thats very positive but i am not sure how thats effects our investment now .if at all. maybe a question i'll put to talv on monday

all good !

well i have another email from TALV today just making sure I received yesterday notification .I will keep the contact lines well and truly open now

there's brass http://www.talvivaara.com/media-en/Talvivaara_announcements/stock_exchange_releases/stock_exchange_release/t=talvivaaras-board-of-directors/id=228427665

investors@talvivaara.com

i have a reply from the company . here it is 'The company has struggled but we are making some decent moves forward as of late. We have acquired an energy saving business which is being developed for industrial use. There are other interesting options that the management is looking into also. Talvivaara does post all stock exchange releases to the LSE and also via the wire so it should all be available in English. Regarding issuance of information, we disclose all and any information to everybody equally by way of stock exchange release but I guess you refer to discussions in other medias about possible outcomes? The company does not take part in these speculations. The recent directed share issue has been for the creditors of the company as one of the steps to move forward in the Corp Reorg, so it is a necessary issue and EGM on Thursday. This will aid in the moving forward process. For all up-to-date information regarding Talvivaara please subscribe to our Stock Exchange Release mailing list to receive all the updates immediately.

well looks like the email has gone ok and here's what it says 100% straight to the point 'Hi Pekka, Apologies to contact you directly but I along with many other investors here in the UK would like to know what the current situation is and to be completely honest whether there is still some hope of saving the Business. Many Thanks

well ive sent an email to talv and pekka ( i think if i have the email correct) to ask for some information as to 'why have we not been wound up yet? lets see what comes back

im with you its not over until the fat lady sings IMVHO. Gambier is being realistic here but if like he says its finished then why hasnt it all been wrapped up long ago. whats the point of all the DEBT restructuring thats going on etc etc . thats what I just dont get.

i do hope youre right like you i still have a small positive gene in my body

i know but thats just it why havent they . thats the intriguing bit

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