Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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They have been rolling a dodgy dice for the past few years - all hype and never anything tangible
I reckon they are ‘rolling the dice’ and the first time they lost. now hoping to get it the second time... Hopefully they are coming up with other alternatives and not sitting on one plan or maybe this is plan B being played now. Who knows?
and something else...latest rns
https://www.lse.co.uk/rns/AST/update-on-slovenia-and-cuba-operations-mrlalc1fyqv9v8m.html
Accordingly, the Company remains engaged with CUPET and is in the process of requesting a further extension to its MOU to negotiate the production sharing contracts over the Cuban onshore Blocks 9A, 9B, 12 and 15, by 6 months, to 29 October 2021. Consistent with this extension request and further to the announcement of 14 April 2020 the Company also announces that it has agreed to extend the long stop date to 31 December 2021 for the Energetical deferred consideration of £100,000 cash and £350,000 of new equity (priced at the 30 day volume weighed average price at the time and subject to a one year lock up following issue) which is payable to the vendors only upon the Company signing the production sharing contract for block 9B with CUPET.
note the six month delay ild imagine that they were wanting a settlement from slovenia didnt happen so 6mnth delay are they expect a settlement and or some cash generation by then ?? we have had this years placing max
The Company is also reviewing a number of ESG Metal and mining opportunities in Cuba across a range of base, precious and battery metal primary mining projects as well as gold, silver and copper secondary mining/re-treatment of surface stockpiled tailing opportunities that are consistent with the Company's ESG Metals strategy as announced 11 February 2021. Further updates will be announced as appropriate.
and looks as if they are looking into tailings in cuba now so that could be nice too
something to ponder/talk about imho etc etc GLA and dyor!!!!
funny you should say that paul ive been wondering that myself as if the negotiation have failed and stopped they should have to tell us such as this would affect the share price and thierfore would or should reqire an rns to state as such still also no BIT being engaged its sometimes not what they say in an rns but what they dont say and why sometime there abit vague (legal document or has to be correct to there knowledge)for instance one share i was looking at kavango keep banging on about they thought it was a norsolik type resource then it suddenly stopped now if they now think it may not be that type off resource they then cant state that it is on an rns may still be that type off resource but very odd that they stopped banging on about it
https://www.lse.co.uk/rns/AST/update-on-slovenian-direct-settlement-discussions-aw9t4r1i6qv927k.html
The Company announces that, following a further letter from the State received today, an amicable settlement is presently not achievable and it expects to commence arbitration proceedings shortly. As part of direct pre-arbitration settlement discussions the Company had submitted a damages calculation to the State totalling significantly in excess of €100 million.
so they have stated its presently not achievable (not stopped???) and why have the arbitration not statered that almost a month ago...GLA imho etc etc and most off all dyor!!!!!
Ping - yes the silence since the last news does speak of an arrogant dismissiveness towards shareholders. I'm hoping that they might still be negotiating behind the scenes but not holding my breath
Wouldn't it be nice if the BOD demonstrated their belief in the company by investing themselves. I'm sure this must be a closed period but If not I'm sure they can invent another reason!
These guys are being paid thousands & not once have they acknowledged a debt to shareholders!!
hay its a start........so someone might off bought 2million 2 days ago i state might....and another 1million today....someone or a group is starting to buy imho etc etc.....and the merry go round starts again....
If it quadruples in price wake me up I might break even
We're all still here, watching this cr@p hoping to get out anywhere closr to flat and also hoping none of the new investors go thru what We have.
Its 11%, don'be putting your delposit down on your liuxury Yacht just yet (1 x swallow doesn't make a Summer / Pornstar)
:-D
so where are our resident doom and gloomers? quite quite now its gone up 11%?
duuno only an rns will tell....interesting most trade volumes or even large numbers...joe blogs usually buy in cash terms usually...5k etc gives usualy an odd volume number.....GLA well see soon if its a random spike or not..
Has the deal been done?