agree again, but if you have any contacts there ask them what the problem is ??
liu , the 12m belongs to the project not to the chinese
i agree liu but am asking if anybody there near the mine has heard anything..is there any indication that things are improving
liu , why do you say that??we all believe a deal can be done but what makes you think so?
4unme, I understand mate and that is why I sent so many emails and have called the London offices so often and called Mike Jones and made a nuisance of myself..I wanted it for myself and my fellow investors.But this RNS is a positive and not a negative.The result will come and not sure of your average but i think you and your family will be alright.
4unme, relax.Take a walk and stay away from the board for a while.These things take time but sooner or later they will get the deal.A few wekks ago it was said we would get nothing back now imo that is a remote possibility..keep calm and get some fresh air
I am quite content knowing that admin is less and less an outcome.Any deal will be good for us investors who bought in the last few months.It is a game of hardball and massey appears to have been right in saying that CARE and maintenance was a smart move by ft etc it is the negotiating table.The chinese have sunk way too much money to walk away and AML know that.Fair market value is the key, i have done a little business with the chinese and they bluff a lot but eventually cut the deal
I think that 1.5 million is the least of our worries...it is pittance in the greater scheme of things and nobody will be buying or selling a single share based on wether we have to pay it or not.Ideal for us is stake sale Under the 50% treshold with marampa thrown in and the board of directors free to buy shares again ..I am very encouraged by the fact that FT flew to HK twice in the last few weeks and that they had "guests" in the London offices too.Admin makes zero sense at all.