Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Tipped again by HSR on *************.com
Sorry zac Mir.
Not the guy from one direction
Also on the Tom W podcast had zac Malik and I think overall it was a really good three hour listen, enjoyed the podcast, seems to have consolidated early sell and steadying itself?? Next should be more process orders, clarity over funding for legal case and confirmation of orders sold through block back into China
As you know my position, sitting tight whatever now, I think there comes a point where realising the loss against the potential high risk, low chance of success is worth taking. Ie lost most of the money already, let’s take the 3% chance it’s pulled off because if that happened the reward could be huge.
What’s a million m2 order worth and to note that’s not promised in anyway just mentioned.
The interview was a week before the results came out and Chris was happy with what was going to be published. Based on Covid, year gone, block sales banned he thought they’d done well considering
And questions from Tom over quite a long interview more stretching and direct
Need 3.5 million euro to breakeven, no change there, town square orders coming in, gave assurances they have sufficient cash, no raising
At 4.5 million euro revenue they’d make 500k gross profit easily
Block starting to be sold, two quarries open to sell block and start supplying factory again
Early negotiation of a 1 million m2 processed order, very big, very early, no guarantee but would jump, revolutionise the business. Would need more kit
Court case progressing, the claim is potential lost revenue from stone alliance project, next two months get a litigation funding partner agreed. Negotiations are ongoing with two between them, lawyers and funders
Fundamental difference between this company now and a few years ago.
Very positive, very direct and confident, doesn’t wish to dilute and I know we have heard this before, certainly going to look a complete fool if he back tracks on some of the comments