Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
March update is out. Not much of an update though…
Probably more info about the merger and/or funding. However my main concern is that court case…
I am planning on holding onto half my holdings as I still do see potential in the company. The only real question is how accessible will it be if relisted in the Middle East?
I know this is far fetched, but suppose the brave keep hold of some TNT holdings for the future and let’s say the company relists itself in the Middle East as mentioned in a previous RNS. How would this impact a UK tax payer and would it be possible to then withdraw the money without complications if listed there? I hope someone could shed some light in this dark tunnel lol
Average down as much as you can I suppose ?
Price around 110..
The RNS answers your question. Suspension lifted as of 10.15
Does this mean the suspension lifts tomorrow? If so, I really hope the share price makes its way over 200 before the 5th. Then it would be interesting to see if the offer is accepted or not
@bunsenburner do we have an option to reject their offer even if the majority accept it? Clearly it seems the TNT board have been told to recommend this offer to its shareholders…
My target was well in excess of £3. Obviously, considering the current circumstances £1.50 is fair. However based on this news, if TNT were trading then the share price would have jumped. So is £1.50 really worth it?
I hope other buyers come in with a higher offer…
@theanalyzer, the positives are that it’s an extra £1 mill, and shares won’t be diluted yet. Only concern is it looks like the investor has lowered their expectations at this moment in time…
@theanalyzer, I would not be surprised if there was another extension until end of September for the 2 mill. Probably waiting for audited accounts and to see the back off the cln
@occam. I don’t understand why you keep badgering on about a company that you aren’t invested in. If you believe there are ‘red flags’ then simply move on. All you have been doing is constantly providing your negative assumptions that have no bearing on what the company is doing behind closed doors. If you don’t want to invest in the company, then don’t!
Any chance of them getting a deadline extension to submit the results?
Today marks the last day of the agreed extension regarding the £2 million investment. Also it is the 3rd business day in which Tintra had to pay the first chunk of £500,000. Eagerly awaiting an RNS… hopefully this will have a further positive impact on the sp
Surely, there must be new investors lined up, otherwise I find it hard to believe that they would repay the full amount plus premiums… now that this is almost sorted, I really hope this attracts other investors quickly and ups the share price to at least the £2-2.50 level which it was prior to the nightmare CLIN RNS in December
Surely this news must be taken in a positive way. Reason being the CLIN had a negative impact on the SP. Tintra are attempting to dispose of this facility albeit with difficulties. The worst case scenario is that the full amount of just under £3 mill has to be paid back. If the injunction case is won then no detriment whatsoever. Either way there will be no dilution and business should resume as normal once this issue has been sorted. This may be the reason further news of funding has been delayed until this uncertainty has been cleared?
How much of the facility did Tintra use? I can’t see this info in any of the previous RNS’?
The £2,000,000 should be received soon from the Gulf investor (nearly 45 days up). Maybe this will be used to pay the outstanding CLIN?
Does this mean the CLIN has been paid back?
Please can someone provide a brief update for this mornings session?