Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Like a lead balloon , something is up , sell 2.00
Anyone else get the feeling this is being set up to fail by the board. Just put the for sale sign up for fooks sake
They couldn’t lie straight in bed. Shareholder value has been destroyed by these grifters. I wonder if they want it to go bust so their mates, nudge nudge wink wink can get it on the cheap
Full clear out of this entire useless fu***** board is now needed. Not just dodgy liar Esprey but Oliver Stansfield and Roy Pitchford.
Don't you agree David?
Https://total-market-solutions.com/2023/12/20-mining-companies-for-2024-part-i-a-e/
Reg21510
took you a while to see what I having been saying for months
I doubt it mate. It is at all times lows so you like everyone made a loss. Need more research.
Jam tomorrow spivvy company. Terrible
I m even here HAD A FEW TRADES WHEN IT WAS HIGHER LAST TRADE LOST 100 however i never trusted him and the pics etc of mine are crap . be carefull
I think enough has been said re Esprey, Groves etc. Their past has been discussed here and on Telegram for years. If you got in unaware that's on you.
Carl espry has a bad past, i suggest you should all look into him, would stay well away from this or at least just try to catch the bottom for a quick trade. Dont let these crooks take your money.
More like more lies , Groves , Esprey same breed
It’s either being shorted or people bailing at a loss
2.3 pence
1000 tonnes , how many years and months has that taken?
Finally someone has pointed towards the Chinese influence in Africa, the Chinese currently doing $500b of trade in Africa and they can put pressure on the system to control it. The authorities hope for more trade with China because a large part of their debt is held by Chinese financial companies.
Rns, yesterday. FFS
MyIPA , strong buy , have you seen the SP , has any coal, coke been sold ???
InvestorPA - Look all over Africa for examples of this - looks like you haven't done your due dilligence on timescales nor how things actually work for mining explorer developer. If you are glencore you're fine, or potentially a french company, but otherwise this no bribary rubbish means non-Chinese companies find it impossible to do normal business in Africa. Just look at the corruption index. If you want a mine, you'd better pay the right people for it.
Looks like this Groves chap is right on the money in how to deal with a Chinese firm, given his backround highlighted to by Worldwidepleb.
Tapman - joking right? approximately means to pretty much every single person who has ever done a tax return: 116,000 +/-500 USD($115499 to $116499). just not possible to misunderstand that. Also. immaterial in the extreme.
"Contango Holdings Plc, the producing London listed natural resource development company, is pleased to confirm it has received approximately US$116,000 from a large multi-national company ("MNC") as payment for the previously reported circa 1,000 tonne bulk sample of washed coking coal. Over half of the bulk sample has been mined, screened, washed and is ready for collection, with the balance due later this month."
As for payment, they stated they have received it. They then also state that half of the sample is ready to be collected (as shown in pictures) and the other half of the sample will be ready in short order (later this month meaning within the next 11 days - probably enough time for the fleet to drive to SA, drop it, have a break for Christmas, drive back, and collect it so probably a week thursday).
Esprey and Groves , same old
Progress with given the complications around the current offtake partner, TransOre, which has not yet provided further orders or payment for washed coking coal as envisaged under the July 2023 offtake agreement.
Jrolmax: Please don't mislead: the RNS states: " . . . is pleased to confirm it has received approximately US$116,000 from a large multi-national company ("MNC") as payment for the previously reported circa 1,000 tonne bulk sample of washed coking coal. "
Now, of course, the qualifying word here is 'approximately'. Does that mean US$110, 000 or 120,000 or something else. Yes, I too am very sceptical and now wish I had gone with my gut feeling when I bought in at 0.72 but them's the breaks. But if you are going to quote an RNS, please do so responsibly. EoL.
Lots of us in the same boat mate, not selling as it’s only a loss when you sell. The bidder may surprise us all, part of the rns I think was saying get a move on and buy it or we will look elsewhere for revenue.
Just add one more thing before I get on with my miserable day (and it is miserable as I look at the significant loss I'm sitting on atm), I've never heard of so much money and resources and time being spent on building a mine and the owner then struggling to sell any of the commodity / product that is mined, be it coal, copper, gold or anything else. This really is a first for me. Maybe something like this has happened before but not that I'm aware of.
Complete and utter destruction in shareholder value about these f****** idiots. Had an offtake with AtoZ which clearly was not genuine and only "existed" to enable the company to raise the £7.5m last year. Now the TransOre offtake looks like its been complete BS as well. And now the company is back to square one with an alleged "world class" asset with coal that nobody is buying. Absolutely hilarious stupidity from these lot. No wonder people have been selling.
They could sign an offtake with the MNC tomorrow for 100,000 tonnes per month. But would the market believe them after all that's happened so far? I don’t think so. The only way we recover imo is if Carl is replaced as CEO with someone more reputable because Carl's reputation is in tatters now and I for one do not believe anything he says.