Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Really mrc ?
I must email the Zubair corporation and let them know.
Unlikely IMHO - doesn’t seem to be much demand in Tanz for gas
Ruvuma is also not adding much value to Aex,
True value will come.
Ruvuma is the key here - the implied value dwarfs the Mcap. This gas price crunch must surely help to move the process along.
Frank - yes he knows the SP is not good but doesn’t seem to have much in his bag of tricks to grow the company. Relying on YET ANOTHER asset sale.
At some point someone is going to have to start developing a viable business that can support Gneiss and BOD costs.
Wish someone had asked about Gneiss to really make him squirm.
I think their strategy and move into the renewables is exactly the right space and their approach seems well thought out and sound, however I don't see much in the way of growth till they sell Ruvuma. Tom said they have some well funded and capable companies interested, till we see an offer on the table for $20mill+ then I don't see much beyond the Greenan Anaerobic Digestion plant acquisition
Slides
https://d1ssu070pg2v9i.cloudfront.net/pex/scirocco/2021/09/21173411/SCIR-LSE-21-September-2021.pdf
Video
https://www.youtube.com/watch?v=pdhJolW6t0A
At least one good thing at least he will know the SP is shocking, I thought it would be a shocker but it was well explained on the whole and will attract investors over the long term now not lose them GLA
The last question was indeed a good one and the answer makes me think mr Reynolds won’t be in his position for much longer. Seems to be well out of his depth.
When he talked about being a “trader” I put my head in my hands….do shareholders really want someone who thinks like Chris? Doubt they can exit Ruvuma on a drilling pump and dump. The HE1 strategy certainly becomes clear now - gambled on the drill coming good?
All in my opinion
AA - the gas price is an excellent bonus for PMG. Operating costs are $10 per boe. So no worries on that front.
The presentation was an own goal IMHO
That was mine I believe
North coast. South much nicer but can’t be bothered driving 50 miles each way.
Weather brilliant anyway.
Some good news here would be welcome.
Tom seemed caught out by the ladt question.
Blamed everyone and everything else except themselves.
Imo the webinar this evening did more harm than good.
I don’t think it will get many if any new investors on board.
Only it's not your bod mrc because you are not invested,
And just as crypto bubble bursts don't think that you are immune with the gas bubble because that will turn aswell.
Sometimes arrogance is the right thing ( but maybe you know that already.
Lol, hope the BOD don’t read BBC news…we’ll be proud owners of crypto mining operation just as the crypto bubble bursts no doubt!!
How cow poo is powering crypto mining https://www.bbc.co.uk/news/technology-57199405
The arrogance of our BOD is astounding IMHO
Tom never sounded to fazed by the question of the present gas price,
Quote, we take a step by step approach and it wasn't the right step at the time,
Time will tell but maybe it will prove to be the best move in the end.
What coast Steve Sussez
I like that the host called out all the BS jargon. That was one of my complaints about the original presentation of the new strategy. Slides and slides of just utter bull****.
Why would they do this with nothing new to talk about???
Need to get the volume up a bit to get a placing away?
Thanks Chris.
Did get the last 15 minutes of his pre prepared message. Got caught out with the question of why they have achieved so little in so much time.
Lots of excuses. Shouldn't say it bit a load of b******s
They could and should have done much better.
News tomorrow then.
I'm off to the coast again tomorrow.
May the sun keep on shining.
Good question Chris and confirmed what min they will sell for so forget 15 now
Goodness knows why they had to be forced to say they have a $20 million + asset on the books? You would have thought it would have been covered in the presentation for "new investors"
Without an RNS there wasn't much he could say.
Ruvuma - still in discussions with multiple credible interested parties. The more development is done, the more valuable it is.
EAG / Greenan - not there yet. A couple of titbits around improvements, consultancy and technology (another possible JV?).
Presentation now on company website.
Lol what a load of cobblers. I had a sense it would just be rehashed rhetoric. Literally not a single piece of new information to tell shareholders.
Well it matched my expectations so Im not gonna complain any more about it.
I personally appreciate you providing this link to the live feed. (Thumbs u)
So far, nothing new has been said.
It's all here when you are ready steve, enjoy hols!
https://www.youtube.com/watch?v=pdhJolW6t0A
Evening Chris.
Can’t seem to log in.
What is it with this company, nothing ever seems to work properly.
Use another investor platform was great for helium one a few months ago.
I will just have to wait for anything worth mentioning on here.
On holiday in somerset this week anyway. Lovely fish and chips in minehead clear blue sky.
Maybe the board have something new to say but I’m not banking on it.
ATB
Steve
Happy they are doing the PR, but if there is nothing new to share then little point for me personally attending just to see the same presentation again.
Let us know your thoughts please Frank et al.