Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
How the hell did we get involved with JPM employed to apparently work on our behalf and benefit while shorting the hell out of Sirius !!! How can that be right ?
Us mugs have been well and Truley shafted I would rather give my holdings to the Chinease than let this friends with benefits deal go through .
£385 million for a partially built mine at a cost of 1.5 billion and 100 years of profit
C.F has been looking at this for some time and let the cat out of the bag with his slip regarding taking the company into private ownership .
I to am ****@ed that we have been sold out and I would also have been willing to throw £50,000 at more share dilution as apposed to having a gun put to our heads 5.5 p Frazer should be ashamed and he was prepared to run the clock down so there was no alternative , just hope the Chinease get wind of this bargain fire sale already spent 1.5 billion to get the mine to current position and offered £385 million less than 5 months profit once the mine is up and running !!
AA even had the Frigg@n cheek to say what they offered to Sirius shareholders was security !! Now that's what I call rubbing salt into the wounds !! I think I will try that when ordering my next car wait till it's about to be delivered and offer 10% of the price and tell the dealership what I am offering them is security !! Wonder how that would go down.
As I have stated before when the 15p SPECIAL offer was made a few days later the SP started to drift down and NO EFFORT what so ever was made to support the SP updates were like extracting teeth they should have been banging the drum stating how deep the shaft was etc , etc , what we got was silence and constantly dropping SP to such a level it was a joke as someone said Laurel and Hardy could not have FCK it up more .
I am so ****@d with the way we have been treated I am of the mind I would rather give my shares to the Chinese that see these slippery Bas@@@d,s pull our pants down what they are offering is less than half a Years profit once the mine is up and running !! Taken for fools or what !!!
Guys I have been here sinc the first days of 5p and invested ( WASTED) a very significant amount what gets me most is that we had not so long ago a special offer of 15p which was oversubscribed !! Then silence and SP dropping on a near daily basis no effort by the BOD to try to stem the constant retrace on the SP .
Also every time we have seen a sharp rise or fall in the SP it looks like people have had a head start on the rest of us .
In my humble opinion I think this AA takeover has been on the cards for quite a while hence no effort to stimulate the SP and giving AA the bargain of the centuary a mine that is well under construction at a cost of 1.5 billion and getting it for a snip at 385 million .
Guy I can't see anymore bids comming in and what we have is what we have
We have been taken for fools 5.5p is an insult and AA state they are giving us certainty !! Yes certainly they are going to make billions upon billions for the next 100 years !!!
Your Mad !! But so was I investing as I did and believing C.F when he said he would make this a top 100 FTSI company !!
We have all been blinded by the Sirius star
Best of luck in any future dealings but as the old WHO sing goes we won’t be fooled again !!
Same boat as you John £55,000 lost and totally agree with your assessment
In hindsight C.F over the last 12 months has never supported the SP with very little updates he should have been releasing monthly updates ie depth of shaft progress made etc but we got silence and a constant drift downwards in SP we were sold up the river.
1.5 billion already spent and C.F lets his buddies have it for £385 million less than a years profit once in full production
I wish you all the very best to you and yours
Here , Here Take Care Fred !! We all believed and it’s a major disappointment to have been taken in by the Sirius Star
I am not being derogatory regarding C.F I have said I don’t think we were being told the full extent of the situation and not enough information regarding the activity at the mine like shaft depth etc, etc which would have had a positive effect on the SP but management just stayed quiet and watched the SP drop and drop.
Also it looks like leaks were getting out before every drop or rise there were drops and spikes could be coincidence?
I feel for the many people who invested more than they should have done and CF blamed boards like this but did not CF say he sees Sirius as a top 100 FTSI company now that’s what I call ramping and novice investors were pulled in .
So I have been a supporter of C.F since the very beginning but in the end I feel he was out of his depth and let a lot of people down .
My loss is unpleasant I don’t like losing money but it’s only the other side of the coin to making money
And I did not complain then and do not complain now no one put a gun to my head .
Are you selling or holding ?
What have I said or done to upset you ? Or are you just ****ed at the situation ?
Jealousy is a thing that eats you away it's not worth it let go it's only money
But I wish you the best in your future dealings.
Get yourself up , dust yourself down and tomorrow is another day
How do you come to that conclusion ? I have lost £55,000 you call me a horrible person I bet I do more for charity's and work 12 hours a week as volunteer in Hospital but hey ho and I spoke so highly of you !!!
Never trust a banker ? That's why the Irish used to call their currency PUNT because it rhymed with banker
Best of Luck buying AA shares. With your Sirius money current live price £21.41 each
The BOD have never been forward at keeping us up to date I.e news on shaft depth and progress and again we are being kept in the dark and presented with a take it or leave it offer of 5.5p this on a mine that has already had £1.5 billion invested on it now for sale for £385 million bargain of the centuary .
Special offer price 20p followed not so long ago with a very special offer of 15p we have been Truley put away .
The BOD have not fully explained the situation is this the only offer ? Are there any other parties interested ? So much for CF stating share holder values were at the core of his values so I am pleased my £55,000 loss has helped AA to a bargain nice work Chris and thanks for keeping all the Investors in the loop !!!
I along with countless others feel well and Truley Tucked up by this deal having had 10 years of Sirius with all the ups and downs and money that could have been invested elsewhere even at 1/4 %investors who invested a few week so gon are to come off better and all this after C.F stated he had share holder values at the core of his actions.
Special offer price 20p followed not so long ago another special offer price of 15p
What the hell was going on ? We have been kept in the dark for a long time with very few updates that would or should have effected the SP .
C.F should be comming out explaining the situation I.e is there any other interest ?
We have spent 1.5 billion and it's going for circa £385 million and when completed will be making huge profits for the next 100 years .
We deserve a great deal more information than our BOD are saying And we are being presented with a fate that looks like there is no alternative to .
C.F let slip he wanted to take the company into private ownership and it looks like he has got his wish so pleased my £55,000 loss has helped to secure his wish .
I can't see us breaching 7p I feel the race has been run and we have been shafted AA are picking up one hell of a bargain I bet they can't believe their luck the money required to finish the mine off is small change to them then they have a 100 year money machine ,
As always my best regards
Are you real how do you draw your conclusion I am not rich ? Not that it's got anything to do with you !!! For your information I can prove every purchase of Dana shares and still have copy of my account showing my profit when I sold at £12.50 per share .
But this is by the by I have put my money where my mouth is and have invested a very considerable amount in this project which I believed in and like others hoped to make a profit as well as providing a great opertunity to the local area .
As I have also stated no one put a gun to my head and I stand or fall on my decisions just like I did with Dana .
And no I have not wasted my Dana money I live in a very nice house and rent out a further 11 houses so I may not be rich by your standards but am a million miles away from not being rich !!!
But I do feel for the great many people who invested money they could not afford to just throw away and like me they have had a very poor deal.
I will not lose any sleep the Sun will come up in the morning and will present more opertunities
No I am going down with the ship !! The band is still playing and I am still dancing !!
But I feel the AA iceberg is unavoidable what a bargain they are getting their BOD must be laughing their Coc@@,s off at getting such a resource at the proposed price .
I can’t see anyone else coming in but hope I am wrong my average is 13.5 p and hold 1 million so well in a hole but like you I have had total faith and belief this was a great investment how wrong we’re we ?
I have loved reading your posts and your positive outlook .
The mine will get built the local economy will benefit and AA will have a multi billion pound company for peanuts the only losers are us LTH who have been here since first planning approved!
My very best Regards and Best wishes for the future
We have had one hell of an expensive ride
I think the BOD thought they could pull off the funding which has proved beyond them.
If AA have put the offer in and nothing else on the table then it’s the only alternative to running out of money and bankruptcy.
Believe me I am far from happy after believing in this project and the benefits it would bring both for LTH and surrounding Area also losing a very considerable amount of cash but no one put a gun to my head but I put my money where my mouth was and put it on the wrong horse !! So as my old dad used to say it happens if you worry it happens if you don’t !! And we have no alternative .