Cloudified Share Discussion Threads

[daddy warbucks] 12/8/2016 09:38

Now that Theresa May is in charge and not afraid to upset other investor countries (I.e. China), do people think she will withdraw the billion dollar loans promised to the ROI, by her predecessor, if it is shown that there had been widespread corruption by their officials?

[flyingc] 12/8/2016 09:36

DW (6928)

I don't think ICSID will let us down. With any luck they will put the boot into ROI. Which in turn will be excellent for the share price

Not long to go now.

FC

[daddy warbucks] 12/8/2016 09:31

Exactly FC.We have given the ROI the opportunity to settle at a fair price.I think we should all forget about OOC and lets pile the pressure on them by talking about what s coming in the judgement phase.Whilst the ICSID cannot get involved in political issues, I am sure the judgement will be worded to ensure the outside world understands what has gone on.There is a lot of embarrassment coming.

[debbiegee] 12/8/2016 09:26

Maybe he is going to Indonesia for a serious business meeting/holiday and wants to use chl cash and not mix his monies ?

:-))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))


Maybe company cant afford to invite foreign directors all expenses paid LOL

[flyingc] 12/8/2016 09:24

I wouldn't read too much into the director sell. He sold 22000. He still holds c400 000.

Whatever his reason for selling (and I have no idea what it is) it isn't fear regarding the outcome or he would be ditching much more than a measly 5k's worth.

Back to waiting for the judgement - am looking forward to reading it.....

FC

[theunluckyone] 12/8/2016 09:22

Makes no sense to sell £6K worth of shares for a man of his standing

[pug151] 12/8/2016 09:21

1 week boat rental in Greece ?

[tburns] 12/8/2016 09:19

Needs to pay for the summer family holiday, no sweat

[theunluckyone] 12/8/2016 09:18

debbiegee - Look at his background and you will see he would have no need to do that !!!

[debbiegee] 12/8/2016 09:16

taking wages in shares ,maybe needed some petty cash ?

[wulber] 12/8/2016 09:14

Director sells 22,000 shares

[tburns] 12/8/2016 08:56

Wouldn't argue with that Stephen

[stephen1946] 12/8/2016 08:41

Tburns, why not? But in the end you may have to take more if D.Q. is his usual aggressive self, he is no walkover.ROI are ruffians, it takes one to beat one.

[h2owater] 12/8/2016 08:38

Yes 10x would be fine!

[tburns] 12/8/2016 08:37

I'd take 10 times current share price without the long wait for quantum to be agreed, don't want to be too greedy

[h2owater] 12/8/2016 08:29

"That said if Churchill does win and Indonesia pays up, investors stand to make more than 20 times their money."

[h2owater] 12/8/2016 08:09

Tribunal date set for Churchill Mining's spat with IndonesiaTue, 21st Jun 2016 16:35(ShareCast News) - The tribunal ruling on Churchill Mining's dispute with Indonesia expects to pass down a ruling in September 2016.Churchill Mining, a British mining corporation, has been in a dispute with Indonesia since March 2013 for damages related to an unlawful seizure of the East Kutai Coal Project. Along with its partner, Planet Mining, they hold a 75% interest in the project.An independent valuation of Churchill Mining's damages from the seizure could be about $1.3bn.The International Centre of Settlement of Investment Disputes (ICSID) announced on Tuesday they had made "good progress" with deliberations on Indonesia's forgery dismissal application and expected to pass down a ruling during the course of September 2016.Churchill Mining chairman David Quinlivan said: "We are pleased that the tribunal has confirmed the timing of the issuing of its ruling on Indonesia's forgery dismissal application."On 21 April, Rupert Hargreaves from The Motley Fool told readers: "Churchill still has a long way to go before it can claim to have won against Indonesia, and even if the company does win in the courts getting the cash is another matter altogether."That said if Churchill does win and Indonesia pays up, investors stand to make more than 20 times their money."Churchill Mining's shares were down 14% to 20.32p at 1700 BST.Back to CHL news

[tburns] 12/8/2016 08:06

Managed another top up at 28.3p this morning see, 30p being breached easily today

[sportbilly1976] 11/8/2016 23:45

Just looking now and further resistance possible at 37-39p level should it continue its run further.I'm wary about the so going further pre tribunal ruling as the risk:reward for many will start to kick in and a few look to bank some profit as we're then approaching a 100% return for many who got in around the 20p levels.Bank a bit and leave most for the decision? Game strategy for many as to what they feel comfortable doing...

[neo26] 11/8/2016 22:50

SportBilly

34p is a good start, it has the momentum.

[sportbilly1976] 11/8/2016 22:19

sp at support/resistance level which hopefully it can kick on from tomorrow given the strength shown today...next level at 34p

Interesting to see the symmetry between the share price rise and the increase in volume too.