Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Greenwolf the only thing you need to know about this ashole is that he is really Billy Liar!
When the BB is busy it never posts and when it does it is all repeats like the BBC-old stories--it's been outed several times trying to cover its tracks.
Not fully GreenWolf but enough to attend the AGM ; ) then at the end
Or short answer - no.
Larry - don't disagree with your sentiments but do find it odd you have reinvested in a company when you still see the same fundamental challenges. I'm on a relatively huge paper loss on my longer term eight figure holding, although I traded on the c500% bounce and have probably covered off at least 50% ish of that in reality. If I wasn't invested, sorry locked in, here I currently wouldn't see the attraction as there are far better AIM alternatives in my view. GLA
Not fully GreenWolf but enough to attend the AGM ; )
Tbh with retrospect, I’d have had the same opinion two years ago. I just don’t trust the men in charge. They have led everyone a merry dance with extremely curated facts that fit their story. Who knows if there wasn’t a washer closer to Tanzania than Scotland. Who knows why it took close to six months to arrive. All these delays have suited the board as they draw their salaries and have absolutely no incentive to speed things along. Things are different now but a leopard never changes it’s spots.
Once the AGM is out of the way, at which the board will present and rosy happy facade to those who choose to attend.
The next two events looming large are the Lind payments starting to kick in (how’s that going to get paid?) and the institutional investors starting to get itchy feet and wondering what might happen if a placing occurs (ie there could be some quite hefty selling coming). And at what price. For me AIM can be summed up as follows - just when you thought it was safe to go back into the water...
Or short answer - no.
Larry - have you reinvested here then? GLA
Share price still blue. Don’t want to go in red. Just breathing
HoHo
Let’s hope so. Why doesn’t someone ask it at the AGM?Surely it has to be made clear. There are so many variables, not least the price they are getting for the coal. So many potential pitfalls. So many loopholes. So many bushes to hide behind. So much fudge. So much jam.
Larry I would think it's TRUE break even I don't think they could get out of that one .
Breakeven. Please define breakeven.
Is it breakeven against cost of sales, or does it include fixed costs (ie true breakeven)? Will it include the Lind payments which I believe kick in again in September?
It is key that the management are nailed down to what they mean. What does it mean. Breakeven. If it is not true breakeven then there will be a placing for the boys coming, not least for more equipment, otherwise it’s just a two-bit operation in the middle of nowhere.