Tanfield Share Discussion Threads

[totally banjo] 18/8/2024 11:16

Wow, that long ago! Hope you get some money back spudders

[spudders] 18/8/2024 07:34

Banjo, I remember you being here back in 2007ish. I still hold 🤪

[totally banjo] 17/8/2024 02:39

had to have a look and think I must have sold up, at a loss of course :-(

[totally banjo] 17/8/2024 02:17

Wow, just got in from pub,will read on the morrow!

[multiplural] 16/8/2024 20:16

But for us Tanfield shareholders this is very good news.
I think its a first for an american judge to order this in a very long and ongoing case. Usually american judges do not do this, contrary to UK judges, if the parties are in dialogue.
Surely this adds on to plus side of us.
Ahern is deemed criminal in many of the talks in local press, look it up yourselves, and I bet Tanfield will get their victory in the end.
What I am afraid of is if a settlement is brought forward in the USD 15 mill range, many would take it.
We should get at least 25M USD plus punitive damages which could be 2 to 3X.

[pugugly] 16/8/2024 16:51

Just another American example of screw the Brits -
A cautionary notice - If Brit's are involved in an American JV's they must have 50.1% at least or tell the Yank's "No go".

[spudders] 13/3/2024 12:12

US proceedings end of 2024 unless there’s a settlement before. Still holding a few since 2007! GLA longs if there’s any left 😀

[spudders] 01/9/2023 07:20

Looks promising bwdik 🤔

[a2584728] 31/8/2023 18:47

Nice rise ?

[spudders] 21/4/2023 07:43

RNS out 👍🏻

[spudders] 10/2/2023 10:23

Appears nothing going to happen here for another year, unless settlement agreed prior to hearing! GLA

[a2584728] 18/10/2022 18:47

The market makers know what's coming hence they take all of this stock on board and lift the price

[multiplural] 14/10/2022 14:25

So, they are paid more than the present market cap in a settlement of a small part of their legal proceedings. Interesting.

[dave4545] 24/8/2022 07:32

Almost $200 mil of sales it will have for full year at this rate and their stake valued at £3 mil+ debt

Looks like Snorkel is still being run into the ground on purpose, cannot stand Americans when it comes to business, rather than make money here they seem to want to lose more and more because of Tan holding 49%

Value will out in the end

[dave4545] 05/8/2022 11:24

Well 2539 of Peel's Hunt 150k buy order at 1.5p has been filled so they do a AT and it shows 25% down on the huge spread.

Say on Monday just 1 share on the 2.5p offer orders gets filled it will show as 66% up if the price closes at 1.5p because of these sets tiny trades

[papillon] 05/8/2022 11:11

👍 CHESTY1.
25% drop "this morning, Toffeman1, what's up?" 🤣 🤣

[toffeman1] 20/7/2022 10:02

19% rise this morning, what's up ?

[mw16] 20/7/2022 09:19

Worthless.

[dave4545] 26/5/2022 12:13

$41 mil sales in a quarter so looking at $150-200 mil sales in the year.

I know it's loss making (maybe on purpose) but 49% is going to be worth a hell of a lot more than the current market cap.

Tan just need to hold out and eventually they will get a settlement or maybe somebody connected with the company offer to buyout the 49% stake for a substantial amount.

See double figures here at some point

[dave4545] 18/11/2021 07:37

Market cap £3.6 mil

Investment worth £19mil+

But that might drop

Cannot see a reason to sell this low, it's 5 x multiple difference if they have a happy outcome here.

[orange1] 01/11/2021 19:23

They are making waves in Glasgow at the moment:https://www.google.nl/amp/s/www.bbc.com/news/uk-scotland-57352972.amp