I am sure it wasn't Afc who wrote the page as it was too professional for them. Well done Notes you made me smile. Hopefully we will get the news we have all been waiting for soon. GLA.
You don't have to drawdown until you want to. You could leave it there until you die and miss out on having the dosh. The tipping point is 75 with regards to inheritance rules.
On reaching 55 you can withdraw 25% of your pension tax free. You can do whatever you like with it. The remaning 75% would have to be taken through drawdown. However, you can continue to add £3600 per year gross if you want to.
Our share of asset ownership after an SPA/Finance deal would probably have still been the same as now and we would have still had the disagreement with Essar. At least this new deal sees us moving forward with the drill bit in a few months time. I suspect the last quarter. Anyway lots of news over the next few months.
I bought 11m at 0.0035 a couple of weeks ago and just topped up with another 5m today. This is only going one way from here. I have been in since before Liberia. First purchase was 10p.
RE: Prospectus About To Be Cleared?25 May 2020 14:11
Hi Bonum, where do you think sp will be once the prospectus is cleared? And where do you think the sp will be once finance agreed? Do you think we will ever get back to 1p? Cheers, YM