Share Name Share Symbol Market Type Share ISIN Share Description
Intl Min&IN Crp LSE:IMIC London Ordinary Share GB00B5WJVL79 ORD 0.2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 9.75p 0.00p 0.00p - - - 0 06:30:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.0 -43.4 -40.0 - 19.14

Intl Min&IN Crp Share Discussion Threads

Showing 2151 to 2174 of 2175 messages
Chat Pages: 87  86  85  84  83  82  81  80  79  78  77  76  Older
DateSubjectAuthorDiscuss
21/7/2017
07:57
Good spot GheeBee - thanks for posting. Cheers Del
deltrotter
21/7/2017
07:36
The website has been updated to include the report from last Friday's meeting. It is as I reported. Just one other thing. If you notice, when you check the website,the location of the Registered Office has changed. It is shared with ENRC. This is a company being investigated by the SFO. That may or may not be relevant if a liquidator takes over.
gheebee
15/7/2017
07:49
Thanks GheeBee
deltrotter
15/7/2017
00:01
Many thanks GheeBee. It certainly bodes ill, but I suppose we expected that.....
parthus
14/7/2017
23:20
They are floating, just, in a great sea of debt...of their own making.
horneblower
14/7/2017
21:59
Just got back in. No other bondholders appeared so discussion was rather one way and the vote was entirely by proxy. Many did not submit a proxy vote, as is almost always the case. Those who did overwhelmingly rejected. There was no alternative motion presented. The Chairman made it clear that rescinding convertibility part of the motion had been a proposal from the major institutional bondholders. He said that IMIC is solvent at the moment but if it has to find the cash to pay us unsecured bond holders then it will be insolvent. Low Iron Ore prices and institutions wanting a return of some kind rather than nothing have caused this situation. Negotiations remain ongoing but unless there is agreement to extend or pay with more loan notes then there is unlikely to be a happy ending for unsecured creditors like us. It won't be much better for secured creditors if that's any consolation.
gheebee
14/7/2017
16:07
Cheers GheeBee. Can't wait.
horneblower
14/7/2017
13:12
Good work on going. Will be interested to hear your view.
oggyrocks
14/7/2017
11:58
Well done GheeBee - look forward to seeing your write up. Cheers Del
deltrotter
14/7/2017
11:55
Well, I went. Overwhelming rejection. More to follow when I get home.
gheebee
14/7/2017
05:34
I'm up but I've not heard back about any agreed plan or who's attending.
gheebee
13/7/2017
11:26
Gheebee: Good luck tomorrow....
parthus
13/7/2017
08:34
Couldn't agree more....
parthus
12/7/2017
14:16
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marc4099
04/7/2017
18:02
Right ho. I'm fully expecting someone representing large scale owners to attend in order to make life difficult for the Board anyway. The problem for the two current directors, it seems to me, is that if the company is forced into liquidation by loan note creditors they will have to explain the actions of themselves and their predecessors still alive regarding the original related party Afferro deal, the mountain of debt, the cozy arrangements with AIOG and the subsequent passing of funds to the Cooper brothers in Canada. Not to me or you but to the liquidator and the UK authorities. And that's without explaining away the investment from Niel Group, with its direct links to the Ablyazov-Khrapunov Kazakh fraud syndicate. Quite a few people have an interest in keeping this one alive, I reckon anyway.
gheebee
04/7/2017
14:32
No, please do go. We need someone there to report what really happens. All I'm saying is that it's bound to be a stitch up. They will have it all down pat and will not expect the meeting to take more than five minutes or for there to be any questions asked. Please be as disruptive and direct as possible and get all your questions answered. Good luck...and get there early as they may try to finish before anyone arrives.
horneblower
04/7/2017
12:07
Does that mean you know that the alleged big holders don't exist? It's an interesting point you make about the probity of the two remaining board members. Best I don't waste my time going then eh?.
gheebee
03/7/2017
15:11
I think the board know perfectly well what they are doing here. They have orchestrated things to their best advantage. I doubt there will be any discussion...unless you can instigate one. It won't last long.
horneblower
03/7/2017
14:49
Yes indeed. That's the advantage of turning up - you get to hear the discussion before the vote and then vote on what you've heard. Since the Board have not seen fit to make any form of comment on either their own opinion or whatever it is the big boys want I'm not sure what other grounds anyone has to vote either way.
gheebee
03/7/2017
13:36
GheeBee: When you say you are attending with an open mind... does that mean you will not vote one way or another until you get there ?
parthus
03/7/2017
11:43
I still hold mine...well they show up on my Barclays account....I'm not expecting anything back, but would like to offset losses, a conclusion would be nice.
beeezzz
03/7/2017
11:41
Fingers crossed it comes good for you guys (especially you Parthus - I know you have been through hell here). Cheers Del
deltrotter
03/7/2017
11:32
I'm going with an open mind, mainly to meet someone from this elusive club of bond holders who get to speak directly to the Board. That's the only reason it's worth going imo.
gheebee
29/6/2017
10:51
GheeBee: May I ask what your voting intentions are ? I haven't made up my mind ! Many thanks
parthus
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