Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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ON THE LEADERBOARD UP 30 PERCENT , READY TO LIFT OFF ME THINKS
ON THE LEADERBOARD NOW
TAKEN OUT
ALL BUYS THIS MORNING...MM'S WILL HAVE TO LET THIS GO SOON
THE LEADERBOARD NOW UP 15 PERCENT
IN THE TOP 25 RISERS NOW...UP 12 PERCENT
now on the leaderboard now
today
now
expect it wont be long now,..see this above 0.50p very soon
From this Jan. Must be worth 10 million even in Argentina?
There has, however, been continued interest in recent months for the Company's major assets which Rurelec is seeking to dispose. In particular, the directors of Rurelec are in discussions to agree heads of terms with an overseas counterparty to dispose of the Company's ultimate interest in EdS in Argentina, which if consummated in the anticipated timeframe could resolve the uncertainty surrounding the Company's working capital position. It should be noted that, depending on any future negotiated terms, any disposal of the interest in Argentina is likely to be considered a fundamental disposal by the Company pursuant to AIM Rule 15 of the AIM Rules for Companies. That being the case, any such disposal would be conditional on shareholder approval and be accompanied by a publication of a shareholder circular. In addition, it is possible that following such disposal, the Company would be regarded as an AIM Rule 15 cash shell
on the table maybe on the cards
now
30 percent now...all buys now
moving up
up 20 percent
moving now
Fire sale would enable them to continue to draw for a bit longer.
Ding-a-ling, ding-a-ling...
Now in Q2 2023 and SP at rock bottom. Money running out ! Administration or liquidation ?
How on earth can this share drop 7% on the back of a two hundred quid sell!
Most energy companies announcing extraordinary profits then there's Rurelec!
Disappointing Board thus far .
Maybe Askar can achieve what Gordon couldn`t .
Outstanding
Time for a monthly Board report from these clowns to see what they actually do all week!
PE & IPC are doing very nicely .
Of course shareholders here have provided well for many others thus far
Perhaps Askar can change our fortunes , anything is possible .
Outstanding
It's about time this company just went bust, after selling everything they have to sell and returning whatever pittance is left to shareholders.
These directors are parasites, living of the bones of Rurelec, they will continue for ever selling whatever they can, paying themselves handsomely until everything is gone, and only then will they close the doors.
In my 25 years or so of trading I have never known a company more milked of money with no intention of ever trying to make a go of it, sole intention has always, since the disastrous arbitration amount and the even more disastrous financial deal arranged by P Earl, that provided most of our cash to the litigation funders to just keep the directors comfortable for as long as they can - shareholders revolted against more equity raises, watching their shares become worthless was enough without further dilution of that worthlessness.
Not kept up with this share for many years, whatever happened to the Turbines, did PE steal them away for free / cheap for some dodgy Kyrgyzstan deal or the like, does IPC still live, come to that does PE? Its been a while. These directors should now have there milking days removed, long gone are the heading days of Hydro and 10p share prices.