Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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I am now ruling out a dividend!!
Just saying like.
NG
It is a real joke when the salaries of the BOD dwarf the income of the company, how can aim let that happen.
The cash in the bank does not cover the tax liabilities they are fighting in Trinidad, so they are trading, lol like they are doing any business, insolvent.
As you state the full year accounts will be very enlightening.
They must only have enough in the bank now to pay any outstanding debt etc. so funds are frozen and they aren't even Bashful about it.
You would have to be seriously Sleepy and Dopey to be that out of pocket, let's say 55k for sake of argument and working a min wage job only for the bloke you voted in to stick it up you with a further 1.25% NI contribution on the same day.
I bet that would make anyone Grumpy and in no way Happy. Time to see the Doc.
Damned hayfever is acting up, very Sneezy so catch up tomorrow to see what further car crash awaits as I'm a bit Sleepy.
No doubt the accountants forced them to suspend all payments in return for signing off the accounts.
Amazed they have got this far as everyone knows they’ve been trading insolvent for years.
The accountants yearly disclaimer in the accounts proves that
Paying in excess of 100k to fire Phoenix fire consultancy looking for business opportunities should be investigated
it stinks to the high heaven.
what happened to the game changer pre school education business!! all B/S
Think this pos is just about done.
Anyone who couldn't see past the b/s has been right royally shafted.
NG
The company is technically bankrupt, it cannot afford the BOD so it issues shares and numerous companies and directors find ways around not having to file rns for share dealing, that is a well known fact in the city and aim is the wires culprit for these lifestyle companies.
They have no assets, their cash is technically tied up in court cases in Trinidad and they are pretending to try and sue their firmer partner.
The last set of accounts stated they might have to sell anything of value in a firesale that’s hilarious they don’t have anything of value, the rigs would be charged to take them away to destroy them…….
Subject says it all really, not a single redeeming thing to discuss here yet someone is reading every post and getting those that don't toe the party line deleted.
Speaks volumes to me and that's without mentioning the total and utter lack of meat on the bones of a single RNS.
What exactly does STA do other than burn investors cash? Anyone?