Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Unless a specific timescale is given some of us including me shouldn’t read too much into terms such as ‘shortly’.
It will happen when the BOD are ready.
Good luck all, I’m setting my expectations for 2022.
Exactly
Yeah Giant you tell em ! it would be a
TRAGEDY
When you lose control and you got no soul
It's TRAGEDY !
When the morning cries and the high just dies,It's hard to bear.With no one beside you,You're going nowhere
SORRY BIGGEST FONT SO NOT REALLY GIANT STEPS MORE MEDIUM :)
JJNorton - totally agree with all you said, many people here seem to assume that any announcement is totally within the gift of the BOD, in reality this is wholly unlikely. I and many others here believe that there are a number of parties involved in whatever is going to happen and as such any or all of them could delay things at certain junctures.
I am sure the BOD believe it to be shortly, and indeed want and expect it to be so, but it is perhaps most likely not just up to them.
Still here, still reading daily, still getting disappointed with the disruptors, filling my filter bin, but still enjoying the postings from the 'old guard' - Tilly, Ian, Mac, GLG and the like, all have much more patience than I with the hateful botflies.......!
Not added recently (last couple of weeks), but holding firm on every share I have ever purchased which is now 4X what it was pre suspension.....! Average is obviously up, but still in mid teens so very happy with that position.
GLA
yep got to agree with the Judge on that one.
Well they need to 8282 is all i can say ! In case ya wondering saying 8282 in korean sounds exactly the same as saying hurry up :) Im sure your as interested in that as i am in certain wombles opinions :) lol
"In the meanwhile, I might buy some more.........." shortly you add
In due course i will not have to suffer these Karens and Kens anymore !! ahhhhhhhh bliss
In the meanwhile, I might buy some more..........
Gecko - You expected full sale at minimum £1.50 per share by April
WOW Windwaker symantics ?? If they had used " in due course" the synonyms of which are "in the course of time. someday. sometime. sooner or later" Then im sure you would have whunged about that ! Fact is some folk want it all their way or as my nan used to say they want " the moon on a stick" The bod does not have to pander to you particular interpretation of language! What ever term chosen would have been lambasted by those of a minset to do so.
In short " tis what it is "
hope so GH that would be great..ive gone for the 5th Nov what a bonfire night that will be!!
I think 'shortly' is definitely one day in October :-) so hopefully this week or next week!
My guess is after hours next Friday (29th), but i won't go crazy it's not announced by then.
I personally think 4/5 weeks in respect of 'shortly' is a reasonable assumption.
So this week or next.
We shell see, a little more patience required.
Well I'm off to the Pub in 20 mins, now thats shortly !!
Bear in mind that we have several heavy-hitters on the BoD and as advisers.
There is no point having them on board if they don't do anything. Hence, they will all contribute to every stage. This takes additional time, but is well worth it. Trust them.
JJNorton; Hope you didn't write any RNSs which lawyers etc 'poured over' - very messy. Suspect they 'pored over'.
I'll get me coat....
Hi Wontongue,
Is to be released was said because that was the belief at the time . It did not say will be released.
The interims said the reports were "almost complete". That was a week after the first mention of shortly (in this context) in the RNS on 24/09/21.
So clearly shortly doesn't mean the repot is finished and therefore will be released any time. It means it needs to be finished off the JORC auditors first.
I'm not a geologist but I would imagine that even when the report is finished there will be a great deal of checking before the final report is sent to the client. Then EUA BoD (from different countries) will need to discuss it, as well as with the advisers. Then the RNS needs to be written and approved.
So all that will for sure take time. How long I can't say, but people who saw the word "shortly" and thought in terms of days were being silly, and that silliness has come back to bite them in the form of frustration.
Yes, I'm sure what I mentioned above would be an on-going process and not only started after the report is finished, but you would definitely want to discuss with everyone involved when you have the final report, and you definitely would want to check it very very carefully.
JJ it stated the following on the 24th ....
The financial position of the Company is sufficient to accomplish its commitments in relation to Rosgeo JV, where a JORC resource by Wardell Armstrong is to be announced shortly.
No mention of expected in the first RNS so why in the second??
GLA
I think the bod are taking shortly to a new extreme
This sadly isn’t shortly.
It really is about time they disclosed the plan and what actually they are trying to achieve
Thanks JJ! great to get a professional point of view on these things. this is completely understandable in this context.
I'm a shareholder,and hold because I'm positive about EUA.
Now retired,but I've written many RNS's in my past. I can tell you that every word in an RNS is poured over by lawyers,advisors,and non execs to make sure that the market is not being miss led. Shortly would have been discussed at great length and the executive directors challenged as to why they believed this to be the case.
If it had said the JORC will be released shortly ,that would be because the execs knew it was complete and it would be released in say two weeks.
However it says , Expected to be released by Waddell,shortly
That means the execs have a reasonable belief that it will be released shortly but no certainty.
No certainty because it lies with Waddell to release it.
Best wishes to all EUA'ers