Hi, yes I have given clear instructions through my broker. My votes are Special resolution 1, Against . resolution 2, Against
My proxy 100% all to Pavol Krupa
In my opinion AHG Group and there citibank S.A caused all this trouble with there false bankruptcy.
And all us share holders of New World Resources have and are suffering from the corrupt and alleged incompetent directors behaviour.
In 2008 Lord Purport Bakala borrowed the money from citibank and loaded that debt onto New World Resources and mislead investors. So I am telling AHG group and Citibank go and get it back from Mr Bakala!. No one is above the law and it's written when in insolvency bankruptcy. The administrator and courts decide everything!.
And I can promise you I have waited years for this miracle of a rally to happen with the coking/thermal coal . And I wish and I really want to sell all my shares at the real market prices now or at the latest if say Q1 of 2017 Coking coal prices went even higher which I speculate they will go higher. I would now have a stop loss issued and set to sell all my shares but that ability has been taken from me by the AHG group and alleged incompetent directors.
I could be wrong, but I think the chance is small. That this planned liquidation could get us a good price and then later we could sue company and directors in court. Well maybe this could be best for us shareholders but this would also take a few years to achieve some good results.
https://postimg.org/image/hqsn82etj/
Mining giant Glencore at $94.75/ 87.23 Euro mt FOB, sources said Monday.
For Australian 6,322 kcal/kg GAR thermal coal for delivery to Tohoku Electric's Japanese power plants over the period October 1, 2016 through to September 30, 2017.
The October contract settlement price between Glencore and Tohoku typically becomes a benchmark that is used by other Japanese buyers, eventually covering about 8-10 million mt of thermal coal shipments for the 12-month period starting October each year. Note this is 1 year/365 day contract.
Coking coal Tuesday 25 October surges again in China . I am still praying for this coking and thermal coal rally to continue higher and for longer than anyone can anticipate. And for us long suffering shareholders for lots of good luck and even a miracle to happen.