|Intl Min&IN Crp
||EPS - Basic
||Market Cap (m)
Intl Min&IN Crp Share Discussion Threads
Showing 2101 to 2123 of 2125 messages
Keep the faith!
|I agree, but I suspect it will never happen !|
|I'm keeping my debt too. They can't convert into shares which have no way of being traded in order to set a conversion price. The whole bunch of crooks in charge of this outfit need to be hounded out of office and into the nearest jail.|
|Imo both are minus zero so..."whatever".
I have told the taxman that my investment was a total write-off and that seems to have been accepted.
Shameful, deliberate deception by AIM directors...as usual.
Only myself to blame.
|I see it as a decision between debt (valued close to zero) and equity (no value), so I keep the debt.|
|What's your plan then che7win?
Those of you that have not got a conversion message need to get on to your brokers on Monday. Next Thursday, 16 March, is the last day before the 90 day notice period runs out.|
|Yes, similar message from IWeb.|
|No. I didn't. Despite having a largish number of loan notes held via TD Direct, who are usually efficient at these things, I and they have had no notice to my knowledge.|
|Strangely quiet on here - did no one else get an equivalent message?|
|What is the general view on conversion into IMIC shares?|
|EC : Thank you for posting that.
Can you please tell us where you saw this ?
What are the views of this bulletin board ?
Should we keep the loan notes or convert ?
And how could we convert, as there is no share price to speak of ?|
|The Company confirms that in accordance with clause 5 of the Loan Note Instrument, shareholders are being given the option to convert into Ordinary Shares in International Mining and Infrastructure PLC on 19 June 2017, by giving 90 days notice.
If you wish to convert your shares, please elect below by no later than 16 March 2017.|
|This should not come as too much of a surprise to loan note holders who do their own research but the situation here is intimately related to what happens at New World Oil and Gas. NWOGAction have a website that used to explain why but now it just highlights the upcoming NWOG EGM. Perhaps it will be updated once the NWOG circular is published.|
|It looks as if IMIC know fully that it's all systems go for operations in Cameroon. Their concern is that converting the Afferro loan notes means that the note holders will own IMIC.
One way out is for a financial backer to buy in the loan notes both on market and off market. Unfortunately IMIC want to cancel the conversion rights and thereby cut the loan notes free for nothing at all.
The conversion rights are the real value for Afferro Loan Note holders. China are building for what they know will be a big boom somewhere down the line. Whether that be 2020 or even out to 2030.
It is not French Cameroon it's going to be Chinese Cameroon.|
|Old Youtube for the new Kribi Port
Kribi Deep Seaport Project Presentation, Cameroon
Trade: Counting on Cameroon's new port, Kribi - Posted on Tuesday, 23 June 2015 12:31
Kribi - Marina Bay Luxury Apartments - Published on Sep 28, 2016
In French but spoken clearly.
Kribi Port now Operational - Published on Oct 3, 2016
|Very fair point che7win....
|Iron ore projects have soared this past year, where is our money?|
Agreed - nothing to lose. Go for it.
I hope all is well with you and yours.
|I have received a notice to adjourn the scheduled meeting on 15 March 2017 and have the meeting on 15 May 2017. I suppose we lose nothing in agreeing ?|
|Yeah, I suppose you are right. Just trying to spread a little Christmas cheer!
|No chance, deltrotter.
I shall use the losses against my cap gains bill.|
|Unfortunately our loan notes are unsecured, and we would rank near the back of the queue behind a plethora of secured bond holders.|
1buy and hold
Never say never. Maybe, just maybe, there is another twist coming in this saga!