Thanks Andy for all effort you have put in on our behalf as ahare holders. Much appreciated hope there is light at the end of a very long tunel that your efforts deserve. Cheers fella.
A big thank you to you Andy for all the work you have done on behalf of all shareholders .It is much appreciated and lets hope we get a positive ending.
I think the BBC were looking at BHR shareholder action site today.
Who you gonna call? - Mr Davis is South African who took control of Xstrata in 2001 when it was valued at just $500m and, alongside some of X2’s management team, turned it into a business worth around $30bn. The X2 team includes former Xstrata finance director Trevor Reid and executives Thras Moraitis, Andrew Latham and Ian Pearce.
I is gunna open a can o' de Red Stripe an celebrate dem buffoons, well dun to da pi's, sorry abat dem dat lost out cash which is all of us really!
Mick Davis, the former head of Xstrata, has amassed a $4.8bn (£3bn) war-chest to fund acquisitions for his new mining venture X2 Resources amid growing momentum behind M&A activity in the industry. X2 Resources, which Mr Davis formed with colleagues from Xstrata after the coal miner merged with Ivan Glasenberg's Glencore empire, said that it has raised an additional $1bn from investors to fund deals. "With almost $5bn in equity and access to significant additional debt funding, X2 Resources is uniquely positioned and we are currently reviewing a number of opportunities in the metals and mining sector," said Mr Davis. "We will build on the team’s unparalleled track record of acquiring and integrating assets and supporting the management teams of acquired businesses to create value."
Evening Breezy, I'd love to think a plan B was on the cards but the BoD are so out of their depth I can't see this happening. Mick the Miner has built up a serious war chest I understand to spend on mining resources, maybe someone should give him a call. If we go under we won't see anything back and had the resolutions gone through we would never have got to production in 2016 without more dilution on top of more dilution. Sad state of affairs for such a promising venture.
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