gmail.com
(7 Oct 2016 Well my spelling and gammer is not so good. If anyone wants to rewrite please do as over the weekend I will make up a petion to try stop AHG allegedly bullying us smaller share holders. My email is :nwrshareholders@gmail.com and here is what I have so far.
https://www.change.org/start-a-petition?step=ask
NWR shareholders stop request for liquidation. We want the suspension of shares released.
20,000 people may loose there jobs in the Ostrava region of the Czech Republic indirectly because of a major shareholder allegedly wanting to put the now profitable New World Resources owner of OKD into liquidation. Also 13,000 thousand coal miners, are employed by New World Resources , and thousands of small individual share holders will most likely will face the imminent loss of their jobs and the shareholders shares will most likely become worthless.
Unless the FCA immediately steps in to investigate and collaborate evidence with the London, Prague, Warsaw Stock Exchanges and the Czech Government and the Regional Court in Ostrava (Czech Republic) over the unfair prejudice cause by the business practices of Ad Hoc Group (AHG), which groups together three British investment companies - Ashmore Investment Management Limited, Gramercy Funds Management LLC and M&G Investment Management Limited owner of NWR and OKD. The AHG group currently owns 60% of voting rights, and 65% of New World Resources debt liabilities bonds.
www.okd.cz/en/about-us/news/new-owner-of-nwr-okd-i ...
The New World Resources company’s affairs are being and have been conducted in a manner which is unfairly prejudicial to the interests to the majority numbered of smaller shareholders , and also to the 13,000 Employees who risk loosing there jobs if the company was to go into liquidation.
NWR, Management on 3rd May 2016 without allowing the majority of small individual share holders to vote, agreed in an internal meeting and forced the "bankruptcy petition" and the "Suspension of all traded shares" upon us. AHG group has omitted our share holder rights in our moral and legal choice to vote. AHG controls Management, and they have been unwilling to disclose what is the current coking and thermal coal pricing formula for which our company produced products, coking and thermal power station coal . The company has been making a profit since June 2016 according to a report in Czech media. Note at this current time of 7th October 2016 coking coal is up almost + 300% since the lows of November 2015 and thermal coal is now up almost 200% since the lows of this February 2016. NWR would now be allegedly estimated to be making a profit of 30-40 plus million euro dollars per each month.
https://postimg.org/image/63hf9iqk7/ Bloomberg chart Thursday 22 September 2016 coking coal at $206.40 US dollars a tonne.
https://postimg.org/image/b523fhd6j/ 4 October 2016 Coking coal trading at up to $217.72 US Dollars a tonne.
https://postimg.org/image/j967ig3nz/ 7 October 2016 Rotterdam Europe Thermal/Power station coal kcal $77.20 US Dollars a tonne.
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