Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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I don't know why there are question Mark's on there... Should have been a thumbs up haha
The RNS has reduced anxiety about the nomad.
I am not selling all my shares to Anders_uk, so I continue to be interested in the share and I hope the suspension gets lifted soon.
I don’t think anyone who has money invested should be denied the odd rant or too Matt, there are some very good people on this board and it’s been a difficult few months but I can’t see any downside from here on in.
You too mate
Thanks Hallster... I appreciate the update ??
Good luck!
Lee
Thanks Hallster. I actually spoke to one of my friends today that’s invested. First time in two months. Thank god we god the nomad news today, looks a lot more promising and fruitful now mate. It was a very difficult situation, I do try and help people where I can. I know nothings ever 100 percent nailed on but at the time I was very sure we’d all make on it. Thanks to the news today I’m pretty sure we still will!! I’d also like to apologise for my inane ranting, must have annoyed a fair few. Stressful times with everything on the line.
Haha actually no because he had his exit strategy with Anders buying his shares for 5.5p. Fair play to LL for getting out if he is unhappy with the company.
Agree 100 % Hallster.
The future is better now the NOMAD is sorted.
Sell MT , with flank approval, some kind of dividend , keep WT and continue to reap the rewards in the future.
Some may be in for the quick turn around, and no one can knock that. In this current situation money may be important.
I still think there is more to come, maybe a new venture, if they have a large "war chest" this could go from strength to strength.
Perhaps some kind of royalty from MT ? best of both worlds.
Visions of world wide sites? In the current crisis there must be a bargains to be had- please don't go into oil is all I ask!!
In fact Matt, can I just say that I thought you handled that situation like a real gent. I felt sick and annoyed reading what some had said when you opened up about your friends buying on your recommendation. We all get a tip from somewhere and they will be thanking you in a few months time with their new found wealth.
Not you Matt.
I’d rather not say who
Who are you referring to Hallster?
Hi Lee,
I’ve been holding shares in EUA since April 2018 so am fairly familiar with the company and operations but there are better people to answer this than me however:-
- the announcement today means that we are no longer at risk of delisting as you will no doubt know.
- appointment of an M and A specialist with the level of expertise that brings as a non exec director is amazing.
- WK is an ongoing source of income and I’m sure will be proved soon, you may have missed that previously we sub-contracted the mining out and took a low percentage (30%) of the profits, we now how our own plant, machinery and staff so take 100% of profits therefore to a point ignore past accounts.
- we have license approval to expand mining at WK but this hasn’t yet been announced, Alex found some links and posted earlier this week / late last week.
- we are waiting for flanks license approval for MT, this has an estimated 15m Oz of PGM’s and has been valued at circa $1.5Bil, I believe we own 80% of this site and taking into account the exchange rate for $ to £ and our 2.9b shares we are probably looking at cash injection into the company of circa 35p per share or so. That may translate as a special dividend and is what I’m expecting.
- new Non Exec Director is likely to be onboard to facilitate that sale of asset or a wider company sale, time will tell.
- in essence all we need now is flanks license and whatever offers to be put forward, I don’t imagine this will be long.
Depending on how long you have been on the board you may be aware that certain people here enjoy scaring other holders with all sorts of rubbish, feel free to ignore me but I would take that with a pinch of salt and do your own research before letting your hard earned shares go too quickly. There is one chap here who has spent the last few weeks wetting the bed at the prospect of us being delisted, avoid him if you can, the more educated tried to pacify him but often children can’t be consoled!
Hi Guys
I acquired some shares in EUA about 2/3months prior to the suspension...and am new to this game...
Could anyone give me a brief overview of where we sit or what we are are waiting for as I understand we have been waiting for an outcome last week or this week.. Does anyone really know potential outcomes for shareholders and when... the internet is a foggy mess.
Thanks in advance ??