Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Spartacus12 I’m not adverse to share dilution what I’m adverse to is the CEO saying he’s found a long term investor that then hammers the share price to then get more shares to repeat, as an investor I’m unsure as to who the last few finance deals have been made with, in a listed company I think this is a croc.
The Company seem to be asking us to have blind faith in their actions, but I don’t think they deserve it given the lack of communication and share dilution deals that we’ve seen over the few past years. I honestly can see this being voted down by PIs like has been done before. If the financing arrangements over the last 2 plus years had been honest and transparent I’d be happy to support, but as of today I can’t in good conscious vote it through :(
Does anybody know whether an off take agreement would need to be agreed by shareholders in line with normal rules around equity issues? I’m assuming yes but just want to make sure ! Apologies for the stupid question in advance!
We’ve not had any meaningful new for a very long time and many of us believe the bod are sitting on updates. Every time the share price looks to be rising we’re hit with questionable dilution, and there has been a lack of transparency from Robin and the company for many years. I can understand shoring up finances but not entering into these agreements once every six weeks, where’s the long term view? I’ve often thought the company seem to be out of their depth and seems to be running the company in a tactical rather than strategic manner. Where’s Robin? Where’s the leadership? Anyway that’s my whinge for the day!
Is there any way of understanding if the company has any other warrants that they are due to release? I was surprised at the warrant being issued last week as I don’t recall any mention in the initial RNS around funding that stated warrant were also due? Thanks in advance
The current situation is a bit sh3t and has been for a while. I literally can’t fathom what the bod are doing. No doubt we’ll get some aweful funding announcement promising that this will get us to TEO. The silence is deafening.