Australian Politics Forum - what a GRUB clive palmer is

Aussie Gold Member Offline OzPolitic Posts: 39685 Gender:	Re: what a GRUB clive palmer is Reply #75 - Mar 7^th, 2016 at 4:07pm Just saw a Report on Ch 9 News which says that a Palmer Corporate has the management rights to the Refinery, and that it has secured a $M25 package based on his other resources to keep the place going. He is no idiot, I tells ya, and knows his way around Company Law and structure.
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Neferti

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Re: what a GRUB clive palmer is
Reply #76 - Mar 7^th, 2016 at 4:17pm

According to Wiki ...

Quote:

Palmer studied law, journalism and politics at the University of Queensland from 1973 to 1975, but did not finish the course. He later completed a Diploma of Law through the Queensland Bar Board, and worked as an instructing solicitor and interviewing officer for the Public Defender's Office.

.... enough said. Wink

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Aussie

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Re: what a GRUB clive palmer is
Reply #77 - Mar 7^th, 2016 at 4:42pm

Still a grub, cods?

Link.

Quote:

The administrators running Clive Palmer's Queensland Nickel have announced a restructure and $23 million in assets to keep the Yabulu refinery in north Queensland open.

FTI Consulting said two of Mr Palmer's other companies, QNI Resources and QNI Metals, have appointed Queensland Nickel Sales, to take over the management of the refinery, near Townsville, and associated port facilities.

It said it would no longer manage the refinery, but would continue to act as administrators of Queensland Nickel, and would decide whether to restructure Queensland Nickel or liquidate the company.

Employees will keep their job and conditions, and furthermore, there is $23 million to support the refinery.

Gee, cods...who do you reckon put that package together? Abbott?

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Aussie Gold Member Offline OzPolitic Posts: 39685 Gender:	Re: what a GRUB clive palmer is Reply #78 - Mar 7^th, 2016 at 4:52pm I reckon you need to apologise, cods. Clive has done a pretty good job here, securing those Townsville jobs. You gonna give credit where it is due? Link.
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cods Gold Member Offline Australian Politics Posts: 88048	Re: what a GRUB clive palmer is Reply #79 - Mar 7^th, 2016 at 5:33pm of course you would give him credit... you voted for him omg... what an embarrassment.. ooooooooooops what ever happend to him not being in charge??? now you are giving him credit.. no no no dear.....he isnt in charge remember.
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cods

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Re: what a GRUB clive palmer is
Reply #80 - Mar 7^th, 2016 at 5:35pm

Neferti wrote on Mar 7^th, 2016 at 4:17pm:

According to Wiki ...

Quote:

Palmer studied law, journalism and politics at the University of Queensland from 1973 to 1975, but did not finish the course. He later completed a Diploma of Law through the Queensland Bar Board, and worked as an instructing solicitor and interviewing officer for the Public Defender's Office.

.... enough said. Wink

he did his real training with JOH BJELKE and bestie mate Russ Hinze......nuff said. Grin

all crooks together..

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cods

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Re: what a GRUB clive palmer is
Reply #81 - Mar 7^th, 2016 at 5:37pm

Aussie wrote on Mar 7^th, 2016 at 3:48pm:

cods wrote on Mar 7^th, 2016 at 3:40pm:

Clive Palmer said he would consider selling his struggling Townsville nickel refinery to the Queensland government as a way to get around a stand-off with creditors and former staff.

With administrators to hold a phone hook-up with major creditors on Monday afternoon to discuss the Palaszczuk government's $10 million financial lifeline, Mr Palmer conceded he would be open to an offer to sell the refinery.

"We'd consider it seeing I've become an impediment," Mr Palmer said in an interview with The Australian Financial Review.

"It may be the state government wants to pair up with the local community and buy the plant. They need to do something like that you would think."

It is the first time the resources owner turned federal MP has raised the serious prospect of walking away from the financial mess of Queensland Nickel which went into voluntary administration on January 18.

He has put a $250 million rescue package on the table but many former and current workers say they don't want anything more to do with Mr Palmer.

Read more: http://www.afr.com/news/politics/clive-palmer-says-hes-willing-to-sell-queensland-nickel-20160306-gnc5iw#ixzz42C0o7wsV
Follow us: @FinancialReview on Twitter | financialreview on Facebook

That is Clive suffering from relevance deprivation. The Administrators can sell it to whoever they please without his consent. If they can't find a buyer, they will liquidate the assets, pay secured creditors (which will likely include Palmer corporate entities) and the Fat Lady will have sung.

bloody hilarious...

you think you know everything... guess what your not even close

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Aussie

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Re: what a GRUB clive palmer is
Reply #82 - Mar 7^th, 2016 at 5:41pm

cods wrote on Mar 7^th, 2016 at 5:37pm:

Aussie wrote on Mar 7^th, 2016 at 3:48pm:

cods wrote on Mar 7^th, 2016 at 3:40pm:

Clive Palmer said he would consider selling his struggling Townsville nickel refinery to the Queensland government as a way to get around a stand-off with creditors and former staff.

With administrators to hold a phone hook-up with major creditors on Monday afternoon to discuss the Palaszczuk government's $10 million financial lifeline, Mr Palmer conceded he would be open to an offer to sell the refinery.

"We'd consider it seeing I've become an impediment," Mr Palmer said in an interview with The Australian Financial Review.

"It may be the state government wants to pair up with the local community and buy the plant. They need to do something like that you would think."

It is the first time the resources owner turned federal MP has raised the serious prospect of walking away from the financial mess of Queensland Nickel which went into voluntary administration on January 18.

He has put a $250 million rescue package on the table but many former and current workers say they don't want anything more to do with Mr Palmer.

Read more: http://www.afr.com/news/politics/clive-palmer-says-hes-willing-to-sell-queensland-nickel-20160306-gnc5iw#ixzz42C0o7wsV
Follow us: @FinancialReview on Twitter | financialreview on Facebook

That is Clive suffering from relevance deprivation. The Administrators can sell it to whoever they please without his consent. If they can't find a buyer, they will liquidate the assets, pay secured creditors (which will likely include Palmer corporate entities) and the Fat Lady will have sung.

bloody hilarious...

you think you know everything... guess what your not even close

Are you now going to give credit to Clive for engineering the safety of those 500 odd jobs in Townsville (for the second time) cods, or will you just stay on your pre-programmed track and post in ignorance of what is actually happening, and has happened?

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Its time

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Re: what a GRUB clive palmer is
Reply #83 - Mar 7^th, 2016 at 5:53pm

Aussie wrote on Mar 7^th, 2016 at 5:41pm:

cods wrote on Mar 7^th, 2016 at 5:37pm:

Aussie wrote on Mar 7^th, 2016 at 3:48pm:

cods wrote on Mar 7^th, 2016 at 3:40pm:

Clive Palmer said he would consider selling his struggling Townsville nickel refinery to the Queensland government as a way to get around a stand-off with creditors and former staff.

With administrators to hold a phone hook-up with major creditors on Monday afternoon to discuss the Palaszczuk government's $10 million financial lifeline, Mr Palmer conceded he would be open to an offer to sell the refinery.

"We'd consider it seeing I've become an impediment," Mr Palmer said in an interview with The Australian Financial Review.

"It may be the state government wants to pair up with the local community and buy the plant. They need to do something like that you would think."

It is the first time the resources owner turned federal MP has raised the serious prospect of walking away from the financial mess of Queensland Nickel which went into voluntary administration on January 18.

He has put a $250 million rescue package on the table but many former and current workers say they don't want anything more to do with Mr Palmer.

Read more: http://www.afr.com/news/politics/clive-palmer-says-hes-willing-to-sell-queensland-nickel-20160306-gnc5iw#ixzz42C0o7wsV
Follow us: @FinancialReview on Twitter | financialreview on Facebook

That is Clive suffering from relevance deprivation. The Administrators can sell it to whoever they please without his consent. If they can't find a buyer, they will liquidate the assets, pay secured creditors (which will likely include Palmer corporate entities) and the Fat Lady will have sung.

bloody hilarious...

you think you know everything... guess what your not even close

Are you now going to give credit to Clive for engineering the safety of those 500 odd jobs in Townsville (for the second time) cods, or will you just stay on your pre-programmed track and post in ignorance of what is actually happening, and has happened?

Pretty sure you cant deflect to shortarse on this one Cods Grin

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John Smith Gold Member Offline Australian Politics Posts: 78311 Gender:	Re: what a GRUB clive palmer is Reply #84 - Mar 7^th, 2016 at 7:16pm Aussie wrote on Mar 7^th, 2016 at 5:41pm: or will you just stay on your pre-programmed track and post in ignorance of what is actually happening I'm not sure she has a choice ... posting in ignorance is all she knows.
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Aussie

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Re: what a GRUB clive palmer is
Reply #85 - Mar 7^th, 2016 at 7:25pm

Okay. Some basic facts as they emerged today.

The hardware....*all the land and the hard machinery at that Refinery was owned by Harry Pty Ltd (Clive Palmer being the sole shareholder.) Harry Pty Ltd contracted with Larry Pty Ltd (Clive Palmer being the sole shareholder) to run/manage that Refinery. It was Larry Pty Ltd who employed everyone at the Refinery and who contracted with suppliers etc.

It is Larry Pty Ltd which has gone legs up, and it is that Company which is under Administration.

So........Clive creates Moe Pty Ltd (in which he is the sole shareholder.)

Harry Pty Ltd sacks Larry Pty Ltd (and therefore the Administrator) of its management role.

It then appoints Moe Pty Ltd to manage the assets owned by Harry Pty Ltd (ie the Refinery) and business goes on.

Larry Pty Ltd is in the hands of the Gods.

One assumes that Moe Pty Ltd will take over the employment of the existing staff......but that does not mean the entitlements they are owed by Larry Pty Ltd will be paid.

There ya go.

(I think.)

Edit:

[*Just expand on that: I would not surprise me now if the land was owned by Houdini Pty Ltd (a company in which Clive was the sole shareholder) and it has a contract with Harry Pty Ltd to allow its structures ~ the bits and bobs which make up the refinery) to occupy its land. Clive is no dummy, and seems to have put his empire into very separate operating components. To use a car analogy ~ A owns the chassis, B owns the fuel tank, C owns the drive shaft, D owns the electrics, E owns the seats, F owns the air con, G owns the brakes, H owns the engine......etc etc. Smart corporate structure which takes careful and deliberate planning.]

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« Last Edit: Mar 7^th, 2016 at 7:44pm by Aussie »

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cods

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Re: what a GRUB clive palmer is
Reply #86 - Mar 7^th, 2016 at 9:34pm

oh arrrrrrsie..

youve done it again..

your little personal bully boys are out in force helping you beat up on someone..

well it will give lisa a break

you can support this arsehole all you like mate twist things around in your usual bump and grind....

you elected him you joined his phony party and all out opf hate.. you must be proud of yourself..

he wouldnt have any credit in any company he is still clinging too..

if you bother to read anything at all

you will see he is just talking mate..

you see if he sells even tried to borrow he will have to hand over all the financial issues.. of every thing.

he has probably run out of names to use...

you have made up a few for him.. I am sure he will be delighted with you.. another phony...

but when it comes to saving jobs it wont be thanks to clive mate..

it will be thinks to someone else who has a little more integrity..

keep up with the personal abuse boys..

when you wish to say something about the op...

well I doubt I will be interested.

keep up the good work losers.

I cant be bothered with losers.

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Aussie Gold Member Offline OzPolitic Posts: 39685 Gender:	Re: what a GRUB clive palmer is Reply #87 - Mar 7^th, 2016 at 9:50pm If anyone has the slightest idea what cods just posted, I'd be obliged if you would explain it to me.
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John Smith Gold Member Offline Australian Politics Posts: 78311 Gender:	Re: what a GRUB clive palmer is Reply #88 - Mar 7^th, 2016 at 10:00pm Aussie wrote on Mar 7^th, 2016 at 9:50pm: If anyone has the slightest idea what cods just posted, I'd be obliged if you would explain it to me. who the hell knows ... i remember once when I was out on the town, blind drunk, (back when I was younger) somehow Panda bears and Kangaroos were related.
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Redmond Neck Gold Member Offline OzPolitic Posts: 22965 ACT Gender:	Re: what a GRUB clive palmer is Reply #89 - Mar 8^th, 2016 at 8:12am I think she is suggesting she doesn't like Clive or you very much Aussie!
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