Cloudified Share Discussion Threads

[debbiegee] 20/4/2016 07:39

This is good reading :-)

[debbiegee] 20/4/2016 07:28

Even if the deadline is at 11am today will Iscid notify CHL straight away ?
Also see last rns it came 1 day after the date mentioned that the last event happenned.
I wouldnt pin too much on whether we hear today/tomorrow .
1 way or another the co will have to inform us and they could also wait until they have taken the next measures ?

Last rns mentions a few dates with a string of events.

[daddy warbucks] 20/4/2016 07:17

4. ROI launch a hostile take over of the company. (Someone's stake building)

[webshares] 20/4/2016 07:09

No news is good news. 3 outcomes today/. Tomorrow.1. (Worst case) ROI say they do want to continue the arbitration process and ISCID rule on how to proceed.2. (Most likely) We have no response from ROI and we ask ISCID for a new timetable 3. (Best case) ROI request talks over settlement..... Wishful thinking

[mrshaungcm] 20/4/2016 07:01

hxxp://jakartaglobe.beritasatu.com/business/bhp-billiton-weighs-getting-indonesian-coal/
Melbourne. BHP Billiton is considering giving up its coal stakes in Indonesia, where it recently started producing coal, amid uncertainty over Indonesian regulations and a weak outlook for coal.

"BHP Billiton is conducting a strategic review of the long-term future options for its Indonesian coal interests, IndoMet Coal, which comprises seven coal contracts of work within the provinces of Central and East Kalimantan," the global miner said in its quarterly review on Tuesday (19/04).

The company is considering a range of options for IndoMet, a BHP spokeswoman said. She declined to comment on whether the company has entered into talks with any potential buyers of its 75 percent stake in the business.

BHP last year started producing at the Haju coal mine, where it has come under fire from environmental groups, but has held off approving larger developments on its Indonesian holdings as it awaits more certainty on government regulations.

Indonesia's Adaro Energy holds the remaining 25 percent stake in IndoMet, which is estimated to hold at least 1.27 billion metric tonnes of resources.

[debbiegee] 20/4/2016 03:25

ICSID would continue the case without them ;
Should we win compensation it has to be paid otherwise assets can be seized.

[nav1000] 20/4/2016 03:17

the Indonesians are sucking dry chl, delay tactics, every six months their is a cash call.

Indonesians by the looks of it have lost confidence in the panel. Whats stopping indonesia of giving the two finger to chl.

[debbiegee] 20/4/2016 02:44

Dont forget when the Indonesian consortium Fara Luwea and Rachmat Gobel wanted a 16% stake the share price was 25ish and they appoached the co.
Shares were printedd and they paid 40.
I suppose they worked it out that if they had tried to buy on the open market it would have come to the same.

[daddy warbucks] 19/4/2016 22:20

GeordieMaybe Churchill need to reissue that RNS to the Market. Now that would get people talking. ;0)

[weegeordie] 19/4/2016 22:08

They also put a resolution in place some time ago to stop that from happening.

[daddy warbucks] 19/4/2016 22:04

Number of AIM Securities in issue *147,453,239 fully paid ordinary sharesPercentage of AIM Securities not in public hands *52.55% of shares are not in public handsSignificant Shareholders *ShareholdersNumber of Ordinary Shares %Aurora Nominees Limited (Pala Investments) 31,492,388 21.36%GL Global Investment Ltd 19,723,123 13.38%Cause First Ventures Limited 18,892,028 12.81%David Quinlivan

[daddy warbucks] 19/4/2016 22:01

The only problem is, the majority of the shares are held by members of the Churchill board so unless the price is right they cannot take control.

[h1tman] 19/4/2016 21:02

(ζ:Ω:π;)

[debbiegee] 19/4/2016 18:17

VERY STRANGE THE ARTICLE READS FROM LEFT TO RIGHT

A bit more detail here as to what will be discussed on this visit.

See 4th column looks like dispute settlements will be discussed on this visit.
Not sure what the context is though it could mean old disputes or the new treaty to be discussed ???

Best all have a look please.

[daddy warbucks] 19/4/2016 18:11

You have to wonder if someone is building a big stake here as there have been a lot of large trades recently.Maybe the ROI are accumulating to hedge any award against them.

[frak] 19/4/2016 17:59

Don't think I could bare it if Rule 42 is invoked and ICSID give the ROI 60 days grace to decide what an earth it is they want to do? I'd give them 6 minutes!

[pug151] 19/4/2016 17:55

Interesting £58k trade looks like a late reported buy to me.

[janestone] 19/4/2016 16:20

Cameron's a grub who doesn't care about ethics and goes for the money.

[pug151] 19/4/2016 16:02

Er no -read the rns.

[nav1000] 19/4/2016 16:01

So have the Indonesians officially pulled out of the arbitration?

Wasnt the deadline today for the 200k payment..

[pug151] 19/4/2016 15:54

Had a little top up then couldn't resist