WTF! Proving you are a loser nicely. |
don't let the autism win guys |
It's quelle "surprise" isn't it?What has this got to do with anything exactly?I have posted information publicly available in major media publications and have not made specific allegations against anyone. The only thing misleading is you saying they have been cleared of all charges. Not true.Maybe google defamation see what it means while you are online !If you and others chose to ignore such background information that is your concern but if there is an issue with the bonds ...and judging by the share price and the management panicking into a comforting statement..that no one seems comforted by then thats up to you.Unfortunately ignoring such things and blindly accepting anything a management that has been serially rather over confident in the progress of this company and now seems to be hiding behind a smoke screen of being in a 'close period" after the results have been released..look that one up too...is not a great idea imo. |
how ya doing down there in the sand jasper?! |
and quelle surpris |
Did i say he was guilty ..nope i was pointing out he is very embroiled in another ongoing and very large investigation and has not been "cleared of all charges?" As you wrote.That is very misleading ..firstly he has not been charged as of yet and certainly hasn't been cleared of anything to do with this latest investigation.Previous activitiesCLC AG..bust Level One scheme..bust Currently being investigatedAdler...basically bust huge losses Aggregate..basically bust huge losses.All his activities involve hugely complicated webs of corporate entities ..there is no way of working out if he is worth anything.Are there committed funds in NUI to cover the bond commitment...again there is no information available. He is the only investor apparently. |
You forgot this bit, right?
Not good times for the mysterious Cevdet Caner. We do not know at this time whether Caner is among the accused, for whom, of course, the presumption of innocence applies. |
 Take a bit longer than 5 mins then. He was cleared of wrong doing over an earlier company failing which led to his personal bankruptcy. But the investigations launched last year appear very large and ongoing over his more recent activities.The Level One StoryIn 2004, Cevdet Caner founded the real estate service provider Level One. The holding company's tax domicile was on the Channel Island of Jersey. In May 2005, the Falkenberger Viertel in Berlin-Hohenschönhausen was acquired. The second property in Leipzig on Walter-Markov-Ring followed in the same year. By 2008, the portfolio had grown to around 28,000 residential units with a total value of 1.5 billion euros.According to its figures, the Level One Group made a profit of around 130 million euros in 2006 and approximately 80 million in 2007. In September 2008, the real estate group filed for insolvency for its German property companies after banks placed Level One in receivership in August 2008. The group had established a network of more than 150 companies in Europe. The insolvency affected around 20,000 apartments and 500 commercial properties mainly in Berlin and eastern Germany. The company's creditors were also affected by the bankruptcy.Level One's creditors include Credit Suisse, JP Morgan, the Royal Bank of Scotland, and British companies. Credit Suisse approved loans totaling 1.3 billion to Level One and helped Caner build his real estate empire without having any primary equity. Most recently, Credit Suisse still held 300 million euros after a large portion of the loan portfolio was securitized and sold to investors.In 2018, Caner and five other defendants were indicted in connection with Level One on charges of aggravated commercial fraud, fraudulent nuisance, and money laundering, with damages totaling 145.2 million. After 55 trial days, all defendants were acquitted of all charges in September 2020.https://fintelegram.com/cevdet-caner-the-austrian-behind-the-troubled-adler-group/This is now all about ADLER and AGGREGATE ..in June 2023"Simultaneous raids in Germany, Austria, the Netherlands, Monaco, Portugal, Luxembourg and the UK involved 21 offices, one law firm and other properties including those of Cevdet Caner, an Austrian property magnate who lives in Monaco.In Germany alone, 175 prosecutors and officers of the country's federal criminal police BKA took part, prosecutors said in a press release. Although the release did not name Adler Real Estate or Caner, both confirmed the raids to the Financial Times.""German financial watchdog BaFin last year found that Adler Real Estate, which owns more than 26,000 residential units in Germany, inflated its balance sheet by 3.9bn and its earnings by 543mn in 2019 and filed a criminal complaint against the company.""Frankfurt prosecutors are targeting several individuals aged between 38 and 66 over suspected criminal acts between 2018 and 2020, they said in their press release."This seems ongoing. |
5 minutes on Google reveals Mr Caner cooperated fully and was cleared of all charges? |
DD? 5 minutes on Google was clearly beyond them. |
Stuart Pearson the CEO was jailed for a year. Rybak, one of the initiators of the fraud, paid a £30mn fine to avoid jail. Other guilty parties escaped scot free. The analogy concerns the quality of due diligence - in this case wrt Caner’s wealth. |
Like me westway, you will not get your money back unless something miraculous happens.
I also lost a packet with two other miners whose BoD`s provided very bullish statements only to be found out at a later time. Needless to say, the sp`s tumbled to almost zero and the stock exchange stopped any further transactions. The Boards of each Company walked away scott free although they had been hiding a lot of information whilst drawing huge salaries. Yhey really should be held accountable at the end of the day. Yhis very rarely happens though. |
Echoes of Mariusz Rybak and Langbar International?? Due diligence in that case turned out to be less than reliable. It’s caveat emptor in this game. |
Is it really possible that the BoD did a deal for $80m without checking that the bond holder actually had the money? In a public company?
In the YouTube video Richard assured us that there is no concern over the bond funds. Is this right or a lie?
I am finding it hard to come to terms with the fact that most of the statements issued by this company over the years have turned out to be unreliable, if not misleading. When I first invested in 2021 (at 68p) it was on the understanding that the company was in the permitting stage and only a year or two away from production with capital costs recouped within 2 years. This has proved not to be the case.
Can I get my money back? |
Shares closing below 10p is not a good sign. Can they recover? Not without some good news coming through the pipe. Such a shame. |
I did say. But Donald said it was a good deal for the company and Caner is a legitimate entrepreneur. LOL
paulscb - 20 May 2024 - 21:12:56 - 11276 of 11970
55 million FREE shares bring forward sold already. Oh dear.
paulscb - 16 May 2024 - 08:49:32 - 11148 of 11970
“NIU Invest SE is wholly owned by Mr Cevdet Caner, an Austrian entrepreneur.� |
We'ii be offered 5p for our holdings |
And on that note, recent survey found that over 40% of Brits thought that if they started training now, in a sport of their choice, they could be part of the Olympic team in 2028!!
There are plenty of takers for people like RW! |
Bukowski "there's more chance of me putting on weight and beating the winner of Tyson Fury v Alexander Usyk and becoming WBC world heavyweight champion next summer"
How do we know that you aren't Anthony Joshua and therefore have a good chance ? |
I notice NIU drip financing another UK listed company https://www.londonstockexchange.com/news-article/CRTM/ps350-000-investment/16661063Again taking large warrant position at a significant discount to share price for funding. I also notice who is on the board therehttps://www.criticalmetals.co.uk/about-us(The the website could do with sorting)Fair to say that we can see who the contact with Mr Caner is...wonder if there is a finders fee? |
It seems unlikely Caner has personal access to the amount of cash promised to PXC over the next few months, hence the delay - nothing to do with the timing of the PFS. So he might have thought he could flip at least some of his interest quickly, and make a turn. Presumably he has struggled to do so. The reason for Wilkins still being unable to disclose all information could be that he knows Caner has a new prospective investor lined up. Although whether Caner can attract blue chip investors seems unlikely to me. All speculation of course, but Caner’s actions aren’t credible unless he has new investors lined up. |
As far as i know a plan of operations was submitted to the BLM in 2021 and rejected as being incomplete.After it is resubmitted the BLM will initiate a enviromental review.To suggest pxc will have a operating mine let alone be mining underground beneath the open pit next year is optomistic to say the least.GLA |
Within 6 weeks we should know if the promised funding is going to emerge in line with the legal obligation..if that hurdle is crossed..then there are many others to overcome. I just wanted to know how the CFO thought they could be producing from the underground mine by middle of next year when there is not a clear line of sight to producing from the oxides yet it seems to me.I'm sure it will all become very clear once they are no longer in "the close period" ...which they are not in anyway since they have reported the results. They may be restricted because they have deemed themselves inside on something else potentially price sensitive but that should only be the situation when there is a high degree of certainty in whatever it is transpiring. If they are just using terminology inappropriately to create a smoke screen and dangle another carrot i guess again we find out pretty soon..they cannot be restricted indefinitely.Once again if the CFO is talking of being able to add sulphides to the oxides in production by middle of next year why in Gods name would they want to be getting sidetracked and distracted by doing anything else right now rather than cracking on as they say they want to do with getting Empire into production. |
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