Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Aim - which part of your reply to me would you like some help with?
"but a lot has come from options" Has it? Even if that is the case, shares from the conversion of options still need to be paid for, they aren't free. How many options has he converted into shares Aiming and at what exercise prices were they?
Why are you amazed?
I have no intention of getting out with some serious profit. I can still think that management have done a p1$$ poor job in many areas
AIM - i am amazed you actually attended this year's AGM.
Get out while you can.
Did you smash the expiry trades this week?
DHC: when pushed at the AGM about the BoD buying shares they were particularly flakey. PF had some weak excuse about having more skin in the game than anyone else. Yes that may be true, but a lot has come from options. It’s easy to have skin isn’t the game if was given to you and don’t cost a thing. I’m really disappointed that the BoD has been so weak with purchases. They can say all they like about closed periods, but they’ve be talking about how great the company is for years and not bought any meaningful shares.
Again, all will no doubt be forgiven when/if Ghana / KSA/ iran(lets not hold our breath) / Africa lands. They are on the cusp of making this company really impressive.....but to now they’ve done little more than an average PR man could do.
I honestly feel that if they can get a couple of big contracts then this could be over a pound....and then they should flog it. The management couldn’t handle institutional investors quizzing them if they were FTSE listed or issues listed bonds.
All very nice but did you note the tense of the GPHAs quote.
dhc.
I think you will find that much of what you have outlined will come to fruition once they get this over the line.
He's talked the talk too many times and he can't really light the blue fuse paper with presentations to institutions etc., until it's in the bag and we have proper visibility on revenue. He clearly wants to get out there,.. the recent pro-active interviews show that,....
Fingers crossed we get TEMA and a renewal or extension to the Freetown contract soon. There gas been radio silence since the AGM, on a lot of other fronts too,... West Africa airport, Iran,.. the new UAE company,.. the Training Centre,... -- plenty of things to come.
The government bottom lines having listened to the unions is no GPHA job losses and adequate engagement and negotiation from all stakeholders re the proposed tariff hike.
There is no point MPS giving gpha workers jobs on the pre existing two MPS berths (on T2) if the containers are transported to T3 for storage and MPS takes all the revenue. Also no point if the exclusivity agreement that all ships >200 TEU go to MPS ie no/ few containers to gpha controlled T1/2. Gpha workers may be re-deployed but gpha needs revenue to stay afloat
Dickie - SB's are no different to holding shares except they are tax free - why can't you accumulate them?
And the beauty is that you can use unrealised gains from others to cross securitise your account. Not that its any of your business, you can see if you trawl back that I have PHD, Miri NSCI holdings [as well as other stocks I don't post on]
And it doesn't get round reporting .
Looks like your having doubts with your inaccurate post last night as corrected by Slip.
I post what I see, I don't influence post.
It's a talking shop, playing court to all the interest groups and explaining what's going to happen. The facts won't change. Huge commercial enterities , multi billion pound contracts with government . Government want to attract trade to Ghana and this port, they want to stop thieving at the port gate. Paying a little lip service to everyone won't do any harm.
The president is NOT undertaking any review of the MPS contract. Those who started it acted behind the president's back and have been silenced since May.
https://newdawngh.com/mps-tema-port-deal-nana-goes-wild/
Well clearly they didn’t agree in June. Hopefully they do now.
There is no fight. The price hike is 10% and goes hand in hand with a $1.5billion development and a 35 year contract....
It sounds as thought they’ve given up the fight! Let’s hope so.
Good news. Maybe not the long drawn out time scale some would like us to believe?
Top man Djal - great find.
With the concession being made that some increases in tariffs are needed, that makes it more likely that an agreement will be reached. Its gone from "That is never happening" to "We'll have to come to some agreement". Now its just about the numbers.
I'd put this news on a par with what we got yesterday in the RNS tbh, both very encouraging.
Agreed-The port hike is not much of an issue- maybe there will be a transition period before full hike
Great find Djal. Dead right Jimzi. GPHA has a 20% stake in MPS I think. It is obviously political because GPHA has to be seen to be listening to the workers'Unions but Ministry says they are prepared to crack some heads to make this work. They see the need for extra tariffs. It will come out in the wash for sure or else a $1.5bn port facility will end up closed.
Looks like a whopper delayed sell - I can't get my head round some punters risk profile - oilies drilling with 30% cos and everyone piles in and cries when a duster .They even go up when they start drilling!!
Here we have peeps wetting themselves at 9p with a multi year recurring contract sorted. and Mr 10.4 - lol.
Value always prevails in the medium term
Yep - that's why it might not be the squabble it appears to be as I said this morning - they have to be seen to. Then they say, we did our best etc etc.
Got to lift the veil on most things in business where ever it is.
There is obviously a lot of objection to the rises, but good to read that they are sitting down and having it out to some degree. they now just need to make a final decision and move on....meet in the middle and make us all rich! too much to ask????
Thanks. Am I right in thinking that GPHA are stakeholders in MPS?