Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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As a founding shareholder with the largest number of shares outside of the Board of Directors (10% +) I would dearly love this stock to return. XPL and a combination of bad advice, nativity and greed destroyed my life completely. I lost everything (marriage, all of my money and the respect of all) and was so close to taking another bad decision. Still here though and living from week to week. Would be great to be able to speak to those at XPL and have them put everything right. Can't see that happening though. A lesson for all. Jack
I also own shares in this. My understanding is that they have looked at a number of assets - the original oil assets fell over when commodity prices tanked and market sentiment shifted. Pakistan bus and power assets were interesting (and very profitable) but there was no broker willing to sponsor an RTO for a Pakistan asset. A number of green / brownfield commodity assets which were out of favor with equity markets etc.. They told me that they are very open to consider other assets / businesses in any sector. Personally, I am looking as I would also like to see a return but, I am sure they would be open to approaches from others...
Like I said in January this would make a good RTO. Very few shares in issue and presumably not many current holders. It would be nice to get something back from this.
My understanding is that they are open to discussing suitable assets for RTO. Key person to contact is John Roddison
WTF is going on
....a long time it looks like!!!!!
How long can this go on without any news ?
You have thought so. Who knows what the hell is going on.
With so few shares in issue and the main market listing surely this would make a great shell for a RTO
They ever met, let alone fall out.
no word for nearly 18 months ?
Looks like as long as they like
What the fcuk how long can they go without any news ?
nm
I think that most people think so, but there is always hope until we hear something official.
so is this company now finished
Probably better to contact the consultancy firms as the XPL directors are also the directors of them!!!
anybody got any contact details
Have the common courtesy to inform shareholders whether they have given up or still pursuing something. With only £10k in cash 18 months the former seems the obvious. What some regulation.
....obviously not. Maybe they have just shut the doors and run off with our cash. Not so much as a peep.
I am probably missing something....but weren't we due annual results by the end of July?
...time for the Final Results RNS. I wonder what the chairmans statement will be this year!! "The Board expects to make further announcements shortly on the progress of the Proposed Acquisition."
Add mine. Just shy of 50k. XPL has been my biggest mistake so far. I'm still hoping for a happy ending...
You can throw my 6k into the mix.
...I'm in.