think it was always advertised as convertible. could be zero coupon.
Godot, you're right about Sequa EGM. Seeking to delay accs to Nov on a very thin pretext. Spuddy, the presenation accompanying Cairn's results (see website) show no action on Spanish PPoint up to and including 2017! I posted this info on two occasions in recent weeks and no one picked up on it.
Well lets hope that Barryroe gets sorted out soon. We could do with some good news. Still would like to see a Providence merger with Landsdowne !!
Perhaps but from reading it a while back it seemed to be more about permission to extend a filing deadline of accounts as they could not get a correct valuation of a key asset in time for the accounts. Not sure if they can use the egm to bring up and sort out other matters but would assume not as they would need to outline them in advance to shareholders.
Well lets hope we hear something on barryroe soon. Do you think Sequa EGM on april 24th regarding impairment for Kazak prospect is delaying things
I think pvr had a role in pushing out the drilling of SP. It really doesn't suit PVR to drill it before Barryroe is sorted as they don't have the cash to do it at the moment, Better to just sit on the oil until someone pays us.
Hello there Godot: Did you see Jimmy´s comments regarding Spanish Point. I could not access the link. He says that Cairn have excluded SP from their 2016 campaign. Is this true do you believe. I have not seen any announcements
Sequa have their EGM on the 24 April to deal with the provisioning for impairment costs regarding their Kazak project. Wonder has this been delaying the financial restructuring that TOR mentioned !!!!
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