Cloudified Share Discussion Threads

[neo26] 24/8/2016 16:28

Bank holiday weekend, I don't think they got a holiday in Indonesia. ;)

[neo26] 24/8/2016 16:18

Daddy WarbucksI agree, roi have held the tribunal with contempt.4 trading days to go to sept. Won't it be nice for decision to be issued on 1st sept.

[daddy warbucks] 24/8/2016 16:13

We are all assuming that if we win, the final payout will be a third of our claim.Whilst examples show this is likely, I would not rule out a higher payout, given the conduct of the ROI in this case.

[nicebut] 24/8/2016 16:08

rossannan,

I should imagine Roi tried the low ball offer last year- but were rebuffed. Interesting times ahead.

[daddy warbucks] 24/8/2016 16:08

Ross, I think we both agree that DQ is also playing hardball, but ROI are left with a choice if they don't settle early and that is when it comes to quantum, they accept the $1.3 billion figure or don't accept it which allows DQ to amend the claim.

[neo26] 24/8/2016 15:58

DQ said if only Roi dispute our figure of 1.3b which was independently calculated we can do back and dispute it. Chl internally believe the claim should be in excess of $2b..

[daddy warbucks] 24/8/2016 15:52

Rossannan, you are right to warn newbies that this is still a pure gamble until the results are in.However we were talking about the claim made by Churchill which has been independently valued at $1.3 billion.DQ has also mentioned that no account was made in that figure for the coal that was remaining in situ after 25 years of excavation and has said that if ROI disputed the $1.3 billion figure, he would look to amend the claim to $2 billion, to reflect this.A third of $2 billion would be around $700 million.FOR ALL NEWBIES, WE ARE TALKING ABOUT A FINAL VERDICT WHICH COULD BE SOME TIME AWAY. HOWEVER IF ROI WANTED TO SETTLE THEN IT WOULD ONLY BE REASONABLE TO WANT A THIRD OF THAT POSSIBLE FINAL PAYOUT.

[nicebut] 24/8/2016 15:51

Rusuro got over $250m in interest etc...Do we know how much CHL woulkd be due, on any win?

[keeptoyourown] 24/8/2016 15:51

yes I remember that debbie_goes_to_dallas was still telling everyone to sell them on that last drop at 19p.

[tburns] 24/8/2016 15:50

Is t delayed 50k trade timed at 14:12:50 a possible rollover with the 14:13:02 trade or if not, they had to pay a 0.75p premium to bag that much stock. If it was a rollover they were shafted on the spread (£500).

[stephen1946] 24/8/2016 15:43

Rampastic stuff on the bb today-newbies beware, says ross.

The Chairman of Churchill says claim is for $1.3bn, is D.Q. a ramper?

[neo26] 24/8/2016 15:42

RossThe day trader..

[nicebut] 24/8/2016 15:28

How much is the interest and the costs so far? a third plus the interest is more than £2 isn`t it? plus the exchange rate...LOL

[daddy warbucks] 24/8/2016 15:28

I am going to be even greedier and say we should be looking at $2 billion plus interest. Especially if ROI are playing hard ball.I would accept a third of that for a quick settlement, so let's say $700 million or £530 million.

[pembury] 24/8/2016 15:27

money due 'immediately'

[marmar80] 24/8/2016 15:25

Wonder why Rusoro share price doesn't move higher.

[neo26] 24/8/2016 15:16

Chl paid their bills on invoice from the relevant authorities. When they requested payments we paid.We spent big money on these licenses and we found the coal.Roi's best bet is to settle otherwise this can get nasty in the international arena..

[neo26] 24/8/2016 14:53

StephenIcsid will give this figure, or there abouts.