Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Just re-read Jason AGM Statement from the RNS 27 November....Is it real or fantasy...Just cant beleive we are now in the second week of Fedruary and still the QED are on radio silance youcould not make this up.
The progress made in Morocco is vitally important to the Company as we look to progress to commercial supply there and to commence marine trials on board the MSC Leandra in H1 2024. Preparations for the MSC trials are now underway, with agreements expected to be signed by year-end. In addition, the Company expects to deliver commercial revenues from Valkor in the near future upon successful closure of Valkor's project financing.
I suspect they have something arranged (contingency) to push the button at the 11th hour should they not be able to progress whatever the main plan is.
TheOrns and Hotfinance. I asked the first question at the AGM. Stating that if the $1m or $1.5m which would cash flow QED upto May does not come in whats the plan as the money will run out in Feb/March. They did NOT say they had the finance sorted and it was a done deal.
No............ But im getting the invites ready for the party :)
Wonga
I sent another email this morning
Andy / Jason
November AGM "December good news coming was implied"
December Nothing
January Nothing
February ?
What is going on, why have you taken a stance of radio silence for so long. Is there no news on anything when so much was expected over the last 2 months.
From the outside its looking like incompetence I'm sure this is not the case but as we know the business is running out of cash and shareholders are all waiting around for news month after month hoping for some positive update. I just hope the first news is not a urgent funding!!!!
Please give us some insight as to what's happening.
Regards
Sadly no
Hotfinance
Also as we know good management would never leaving the funding to the last minute. So watch this space news will come this month
If we get anywhere near 50p this year Champagne and party at mine in West Sussex as I said last year
"Wondering which one it will be though, funding or agreement…"
I think there is a small chance the Investment Bank deal maybe looking at a de-list and take private. Significant due diligence would be needed hence the delay....Othwise the BOD will have to push the funding button as the bank balance is reducing daily. Obviously the agreement is in everyone favour to be first
Touche
15 now
On this first page alone i have 14 filtered posts thank god
Asimpleinvestor / Hotfinance
Please block SC the more you both and other reply and engage the more rubbish we all have to read
Hotfinance I wish....Just decided QFI was worth the gamble whether itsa buyout in the pennies or partners for the long term its worth the risk.
Wonga I ask myself how many opportunities come around like this in your lifetime. So I decided to make the bet a little bigger
TeckyRob I trade through Barclays Wealth physically talk to a person who sorts the order for me the cost for the 2m was £159
So both purchases are executed 2,000,000 & 487,222 may go through as one trade 2,487,222.
Finger crossed
Ive just thrown caution to the wind. Just placed a large purchase.....It will be either a very silly move or one of a wise investor
If I get a reply I will post
Jason / Andy
What is happening nearly 9 weeks since AGM No news, nothing.
It must be frustrating for you both however at least you know why their is a delay on all fronts, Morocco, Testing, Investment bank, MSC.....Etc.
Im sure you understand many loyal shareholders have been waiting and supportive for many years and in November to be told news is coming hopefully in December and now we are about to enter February its becoming very tedious and worrying.
Please could you ask your Nomad to grant some kind of update it would be very much appreciated by all. Plus I want to stop getting on line daily at 7am looking for an RNS!
I doubt this will acheive anything but have sent it anyway....