Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Shares are deemed to be worth 0.1p after the disposal of Puka which means a market cap of approx £100k. Maybe an opportunity there.....
So now you have your answer. Since there is a planned call on shareholders to raise funds, the company's value is essentially negative
I don't undertsand the logic of this on Puka alone. Surely it's worth more - alone - than they are basically selling all assests for - including Shannon which is supposed to have so much potential! So even if the BOD just wanted to screw the PIs, would it not be much better for the BOD, or some of them, to do a management buy out?! The other thing I don't get legally is how the shares will only be UN-suspended if we AGREE to this plan. In other words no one else can make a bid to buy the company CHEAP via the stock market and our shares? (and remember apart from assests it also has all those recorded losses to off-set) I know we are in a corner but I just don't understand the logic of this. Just looks like a very poor plan. Unless Caleria, the purchasing Co are the BOD under another name!
Another company where the shareholders get rinsed and the BOD get paid well it's a disgrace!!!!
a crock. Have I read it right - If we end up with anything it will be worth at most 10% of what it is now.?
sad that it has come to this...
no way out of liquidation now
going GONE !!!!!!!!!!!!!!!!
DaGee, Anything "Brewing" old boy? Any BOD going to save us because they "own so much of the company" Any "rich, smart ,savvy mates of Gowrie-Smith" going to rescue us "little people" Talk to me boy , talk to me !!!
lost horses are exactly that lost, train wrecks are exactly this Kea situation , happy endings ,well that's something you need a ticket to Thailand to experience cos it aint on the horizon here with this bunch of muppets, speaking of muppets I hear on the oil vine, the NZ office or at least one of them is due to close its doors, no hope of recovery..best pic for total obliteration is by the end of November the cash will be all gone then.
Somewhere between not much and very little. Don't expect a deal to be settled much before end of year
Rereearthshare, on Sunday night 7th June you posted the following with the title 'RNS': "7.00am fasten your seat belts" When queried about your sources or reasoning you have ignored people. Care to explain now? Also, stop further embarrassing yourself and accept the £100 you invested in this utter dog of a share is gone forever.
It's not a fire sale or bust it's going to be a refinancing with Shannon drill and jv partnering .If this is a lost horse storey it won't take this long to find it keep the hop up investers it's going to be a happy ending
most likely wont be anything happening till mid November, the smouldering has to be put out first.
Any thoughts on firesale share price/valuation !
In a fire sale it takes time for buyers to check the fire damage on the goods
how long the 'pending clarification of its financial position' is going to take? Is it taking so long because someone has left a beaten up old filing cabinet in the office and we are still paying rent until its cleared out??
send in the clowns and the muppetttttts , oh hello Ian see you have the board with you, what a show we can expect if the last one is anything to go by. Hang on the monkeys have to wait until the fat lady sings (,its all over now), then we have whats left of the trapize act ,I think that's the four guys holding the net ( the share holders) cant wait for the hungry Tiger to come in .
If Dagee is Gowthrie then that still isn't the most ridiculous thing about this share.Not even top ten.
You would think suspension would light a fire under his a$$ but no...same old IGS.Even if I had any confidence in a happy ending here it won't happen until all soho clippys start refusing to serve the lush.then at which point he will likely stagger past his office and serve us up something redonkulous via an rns...be patient.No news is always bad news especially with this clown.
I would take the un out of the last word you posted LOL wtfdik aimho and dyor
What'll happen is that the worst bod in the history of stock markets will offer a hint of positive possibility, numerous idiots will waste more of their money and then the company will fold. Either that or the company will fold before further mindnumbingly obvious thievery. Hope this helps.
Any thoughts what the likely outcome will be.Must admit I thought we would have heard something by now.What's he up to !Surely this week or at the latest next week we should find out how its going to unfold.
Yes I know !! Hence the !!LOL at the end of my post!