Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
solo has 3 mini rockets... AEX has 1 massive rocket...
Also I really doubt the accounts will tell us anything the market does not know already...
If the £150 penalty does not motivate I dont know what will....
I tell you what though ... AEX/Solo is not for the faint hearted... The floor of the SP is constantly been tested recently...
How long can this go on one wonders!
@ 1p ... I would remortgage!
Trrime - 100% AGREE!
Catching the falling knife... Have faith in the assets and pretend your money is currently in the bank. If this hits 1p I shall invest more, otherwise locked and loaded for now @3.3p... some people are in much more challenging points to breakeven (I really hope the LH get justice)... GLA
Since the rns of the possible transaction.... market reaction...nil!... what scares me is that there is not even speculative buys (that would cause the sp to rise) going on!
Just frustrated willow... but why do we have little or know income? Ans: -Because we invested in assets when the company was not ready. Now we have to service these assets (Obviously) or we will go bust...(if it does god help us all!),,, I just hope the message from the informal meeting gets through to their heads!
bleeding shares and cash... typical solo RNS!
Good job guys, thanks for doing this... NR was acting like he was not aware the sentiments of shareholders re dilution. But I am slightly confused about the conclusion. Will the board seek our approval for new projects? I do understand we may have to raise cash to maintain our current assets. Also £100 million risked valuation - is this the value of the total asset (before CPR) or just the 25% value to solo (so total value is £100m*4)? Thanks.
NR has lost the confidence of investors... constant dilution wont be forgiven easily....
but it never seems to hold!
... honestly there is no need for this kind of reaction... let them meet and share our thoughts... the process for a formal emg requires a lot of shareholder support and organisation... Bigdouble has gone out of his way to get the shareholders together for the second time.... I doubt you will be able to organise this.... bigd please do emapahze no more dilution... no matter what the next opportunity is until the company can fund itself!
1. A promise that there will be no further investments for any other assets. NO matter what or how cheap! Until there we capitalize on our existing assets (of course). 2. A promise of a special dividend, once a asset has been capitalize. 75% of the cash can stay with the company to make further investments. 3. We want the company to stand on its own two feet. No more dilution!
Emailed my details of 230k holding....
At this market cap... wouldn't it be easier for them to just to take over solo.
I don't think NR will dare to dilute us for a while... he can see what the last dilution did.... If I recall correctly in a interview when asked will solo be making further investments for hh... he was shaken... and said something like this is level he is happy with... Can't wait for the agm of both companies
Haha @ caddy1 I just feel sorry for the investors that took the offer at 3.5p thinking this was a bargain at the last dilution.... nr properly thought all his shares will be snapped up in the 4 hour window he gave pi to buy.... nr is clearly not connected with his investors
Bribe!
I have been to tanz... slowness is there but the corruption is certainly embedded in the roots of the system. I had police officers (with guns) asking for money over a bogus offence.... I gave some dosh as I didn't want to ruin my holiday.... JB needs to do the same I reckon!