Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Who knows what.Forgive me but as a non accountant I am greatly confused as to your last post.You have stated that the Earnings Per Share for 2023 would be 2.54p and for 2024 would be 3.41.However the reported Earnings for 2021 were 13.33p in themselves an increase of 3,351%.Upon your spurious representation you then make certain forecasts.Why?
Echo2022
There is every likelihood that ,apart from being offensive, and certainly defamatory,that you are in breach of Data Protection regulations.Moreover before passing over to you information,for whatever reason,I would need to be satisfied that you are registered with the Data Registry and can so evidence.
Abbz
Can I make a confession.Firstly I greatly value your research and ,whilst my belief in Echo,Like many others,has been sorely challenged,I remain (relatively)committed as a shareholder. I am however having a problem fully comprehending the relevance of your recent post concerning Santa Cruz and Phoenix .It may well be me.Is there any way you might clarify the relevance? My thanks.
Gozo
You have my sympathy.Yes I put total responsibility on Parsons.Thankfully I didn't fall for his line on Sound,otherwise I would have been wiped out.With little more than to hold onto an investment that I have effectively written off the only choice currently is to hold on.At least I believe that M H has brought a degree of business integrity.
Gozo,
With no reason to question the integrity of your stayed loss,my £70k loss ,whilst I am not proud,ranks in similar areas.One fully respects your business tolerance and patience.Clearly one's investment perspectives are not helped by the continual barage of false commentry,for no other reason than a malicious bitterness.However when one hear 's of cases such as yours one can only despair of MH 's appalling treatment of shareholders.Frankly having a few technical/experiential skills is not enough.This company is crying out for open strategic leadership and direction.If that means taking on those that maliciously misrepresent our investments then sobeit.
Echo2021
My comments as a shareholder holding c5m shares,built up over a considerable period of time are intended not to cause offence but perhaps clarify the true depth of your intentions. Essentially how can I possibly entrust m y support to you,and follow your intent,when last Thursday you asked members of this board how you find out details of the boards remuneration.This suggests to me,with the greatest of respect,your ambition to represent seriously experienced investors in areas where they have invested considerable sums of money and time,as frankly laughable.Sorry
We have seen over the recent days two quite large -what would appear to be sales-
one of 7million and one of 15 million.There is a possibility that they are part of the
October acquisition shares.The required delay in their sale has now elapsed so the
vendors are free to sell.If this is the case then I believe that the spectre of still further
sales may be upon us.Just a thought.
Samra
Thank you for your exceedingly helpful post and references.
That's exactly why bulletin boards of this nature are so
helpful (sharing knowledge) and in times of despair helps me
rationalise my investment.
Again my thanks.Regards
The exchange between NY/250 prompted me to do a bit of homework.We are led to believe that Echo continue along the growth stage -either organically by identifying and exploiting existing concessions or perhaps by other means.Personally I am extremely satisfied with existing and indeed planned future progress in this regard.However -almost like full circle -the alternate growth strategy may be achieved by acquisition. Research into Crown Point may offer one such possible option for all sorts of reasons.
250SWB
Thank you -for as always an illuminating and penetrating analysis expressed -for non technical investors such as myself.Not only stimulating the thought process -but exciting to be at the early stages of something to which many can translate and hopefully be fully rewarded.