Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Put 500 folk in a room and your bound to come across one / two or more ******s .
Put the 500 odd premier league players in another room and surprise surprise no ******s at all .
They all take the knee, the ****** amongst them go dark with their mindset unaltered .
I would rather know who my ****** are .
Many on here pre invasion were saying it would not happen . Obviously it did and I suppose many then reacted to the situation .
I doubt the BOD were sat feet up in the weeks/ months pre invasion assuming that it would not happen .
I doubt very much they woke up to the invasion saying “Jeeez what does this mean for us “
I assume they would have been proactive in planning for the event whilst obviously hoping it would not happen .
You would think that they would have been suspecting / playing out of the type / range of sanctions that might be implemented should an invasion take place .
You would think that together with the expertise / knowledge and contacts within the company ,together with the same within UBS & DLA and chosen financial institutions they would be playing out the what if’s ……and map out a plan B and maybe plan C ,D, etc .
Across all the organisations there would have been many experienced / clever and connected people in the room .
You also would think as part of this planning for the worst the buyer(s) and their associated advisors would also be in the room .
Clearly they are not going to say “ we are panicking “ but they could be saying “doing our best but events are out of our control “
What they are repeatedly saying in relation to those events out of their control is “we are calm “
You have to assume that there is / was good planning and proactiveness in anticipation of past and potential future events behind their calmness .
We can only hope that calmness is justified .
When all this kicked of in late 2018 with us filing the fiduciary action against Hope on the face of it looked like slam dunk with him very much portrayed as the bad boy .
We have not learnt many facts yet about what Hope did or did not do , but we have certainly gained a lot of info about alleged actions of our directors , one in particular .
In court docs ( can’t recall which / when ,might have been FTI ) we were told
On April 25th 2018 FRGC entered into a Forward Sale and Purchase Contract (the “Forward Sale Contract”) with Green Capital. See PX 7 at 1. Green Capital initially pre-paid $2.8 million under the Forward Sale Contract, but the contract was amended on October 19, 2018, to increase Green Capital’s pre-payment to $10 million. See id. § 8.3, Addendum #2 § 1. The October 2018 amendment also granted Green Capital a security interest in
FRGC’s asset .
I assume above was the Niko -2 funding that was RNS’d a month later 25th May 18
Can’t see any RNS re the Oct 18 amendment for the increase in money and granting of the security.
Green capitols involvement and those involved around them has been an eyeopener in the saga .
With all thats come to light makes you wonder now what was the knowledge / concerns Hope had that started his thinking about pulling the rug .
Does make me smile when I read posts about how long the sale process is taking.
Some folk talk as if the transaction is akin to a simple Company A selling some or all of its assets to Company B, with cries have how long does it take FFS.
Putting aside all the commercial aspects of the sale I suspect few of the moaners consider that there may be many hurdles for the seller and buyer(s) to overcome to satisfy Russian Company / Competition / Environment/ Labour / Financial & Tax etc ,etc, laws .
Add to the mix any political hurdles .
Add to the mix geopolitical issues / hurdles .
Add to the mix the sale may involve non Russian Companies and the impact of the above on them
Its clear a process is ongoing but the detractors would do well to take on board this is not Arkwright selling his shop and land to the Co-op .
Merry Christmas holders. Cheshire is home , currently in Las Vegas where the tables are hot but the women are hotter .
Played a slot last night based on Mr Wolf blowing down piggy’s house to reveal how much you win . After $50 odd input hit a Jackpot of $5000. Think I was the only holder on here to raise a glass to Mr Wolf last night .
Looed , Agree
By delaying I meant ZZ saying going alone ( for the time being ) …… as opposed to throwing in the towel now .
Not fully up to speed on various court actions in Georgia and the timings of them in relation to USA actions .
By ZZ stretching out the process in USA courts is he trying to delay conclusion and any damaging final verdict …..which could then be referred to in the Georgian courts.
Looed good work yet again , thank you.
If …..our men are going to going to announce anything significant at the presentation you would maybe think they would want to make an impact .
Wouldn’t releasing a RNS containing such news this week (including after hours Friday ) dampen that impact.
If there is to be an announcement then does it not make sense that they would time an RNS release for shortly before 8 a.m. Monday .
So it seems SN has been avoiding FTI servings stateside , you would think he would be keen to talk to them in order to swap info that both parties may have on ZZ actions with Green .
Another statement from anonymous US corporate .
No doubt many shareholders do not read this / similar board , do not trawl through courts in Georgia , Caymans and USA & Uk , do not read Georgian media and do not follow Caymans Gazette etc, etc .
Well I suppose those shareholders are completely in the dark ………. I wonder how many shareholders US Corporate estimate don’t do any of the above and therefore probably have no idea of developments affecting the Co since delisting .
Looed , Cymro thanks for the info as always.
Whist interesting I really cannot take any comfort from the information posted yesterday.
The real FRR speaking to media but they feel its inappropriate to speak to us directly .
We are just a couple of months or so away from it being 3 years without any formal communication from them .
Repeat 3 years !!!!!!
They try to kid us that they are talking to us when they use anonymous routes.
They indicate they cannot talk to us directly because of court cases etc , etc but hay ho they can talk to media about their issues / actions / position
After nearly 3 years I have seen nothing directly from them to indicate that in their eyes we will be part of their future should there be one .
I do wonder if the reason they will not go on the record to us is because they fear saying something that may be used against them in any potential shareholder action should we be left outside any future real FRR .
Not sure if we could take any action / would do so if able , should we be cast off, but their treatment of us suggests are they covering all bases as its in their thinking of possibilities .
Not to formally speak to your shareholders about ANY issues for nearly 3 years can only be viewed contemptuous treatment of them, no matter what the background is .
Are my fears totally unfounded ? ……I look forward to the company explaining formally to us why they are .
My wife went for her Flu jab yesterday at her local GP practice . Bearing in mind the local frustration at not being able to get GP appointments she was very surprised that the person who gave her the jab ….was her GP
Very impressive , reassuring and tantalising RNS both for its content and presentation.
If these guys were to start producing sticks of Blackpool rock it would have the word ….Professional ….running right through it .
Think my post yesterday became a casualty of war in a deleted thread so I will repost.
Quote attributed I think to Buffett
…..”Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”…..