Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Botak�s advice may be good long term at these prices but how brave do you need to be....and why are directors not buying if they believe in the future? A real travesty if TexRAD does not achieve the take up it deserves due to an inept BOD. I do hope I am wrong but I am just not inspired by their total lack of communication.
Don�t expect anything before results later this month. Games are being played with our money, the silence over several months has been a disgrace. Why no updates or announcements, why the apparent apathy towards a collapsed sp? Shocking disregard for shareholders. I intended to be a lth but I really do not like being involved with a BOD that cannot be bothered to inform shareholders. I do like the product but cannot stand the arrogance of this Board.
Morning Botak hope you are well. Yes still got my VRS and very happy, be a brace man to move out and reinvest here. Which has the greater 12 month potential? Couldn�t rule out a strong FDBK rerate, current position must be well oversold but we know that depends upon BOD being reactive and no evidence of that so far. Next months results are almost critical and there has to be a sea change in their approach to the market if this is to get the support that TexRAD deserves. Shame on them if it doesn�t.
Well done seav1ew, nice to see a vote of confidence! Hopefully the BOD will justify the confidence you have shown in them. I am a lth and this share has tried my patience like no other, but I do remain confident of the product and the ethical need for its success. The Results next month really are awaited with interest and will hopefully include the detail that investors deserve. Perhaps shareholders should email Lara Mott (investor relations at FDBK) with requests for the information they need to know? I and a few others have already done so.
You may be right El, so why not enter into an agreement for an orderly sale if TB wants to sell? Come to that with a depressed sp why are there no director buys if they truly believe in the company�s fortunes? I don�t think AR has bought any since he was gifted 5m on joining...why not? I�m not wholly convinced TB does want to sell further, like the rest of us he may want to reap the full rewards of his investment. Then again surely the BOD would want the mcap to grow in order to attract the market? So many imponderables with this stock, we certainly need clear direction to accompany the interims, at times it seems the Board don�t even know how to run the company. Not like me at all but FDBK can do that to you!
Ok......that is a good endorsement El, so presumably sales are/will be flowing and the results will either reflect this or at least include positive comment about their effect on the 2nd half? Why am I sceptical, come on AR prove me wrong, show the market what a wonderful, investible proposition this is. I just cannot see why the sp is not at least 5-10p based upon the demand and potential sales of TexRAD. So spread the news....no more hiding the good news away, let�s all enjoy the benefits.
Botak hush, don�t tell anyone anything...it�s not the FDBK way! Never doubted BGs output but even he must be getting peeved at the lack of market perception. Any news of what AR is doing? It�s like the secret secret service in this company at times, absolutely no clue as to what they are doing, and like you I am a lth. What are your thoughts for the Results next month?
Looks to me like a little rebalancing excersize for a share that rose too quickly to maintain sector/risk exposure. Nothing of any concern imo, standard fund management review procedure. This has a lot further to go, and almost uniquely has so many diverse applications that the number of significant announcements likely this year is mindboggling. Impossible to even think where the sp could be by end 2018....one thing you don�t want though is to be shorting the stock, financial suicide imo!
Hi Botak, echo Horsford thoughts...well done. When were those extracts written, are they historic hopes or expected visions for the future? Not being cynical but they dont seem recent communications. Are we expecting something revelationary next month, that would be nice. Just got to massage the market and the sp can start travelling northwards again.
In short mws the answer is no the blood test proposed does not affect the need for TexRAD imo. TexRAD is not about detection but more about using its patented texture analysis algorithms to aid clinicians in determining the state and density of the tumour that cannot easily be ascertained by the human eye from scans. This then leads to better decisions regarding treatment and prognosis. It is also my understanding that there is nothing comparable to TexRAD at present, it has also been tested/researched thoroughly by renowned international institutions and been the subject of many peer reviewed cancer papers. TexRAD Lung has now attained CE Mark and can now be sold for use by clinicians in scanners etc, a TexRAD Liver version is expected this year with others to follow. All of which leads me to question why the depressed sp and what are the BOD doing to grow FDBK into a large profitable company? Hopefully the Results announcement next month will provide some answers.
In short mws the answer is no the blood test proposed does not affect the need for TexRAD imo. TexRAD is not about detection but more about using its patented texture analysis algorithms to aid clinicians in determining the state and density of the tumour that cannot easily be ascertained by the human eye from scans. This then leads to better decisions regarding treatment and prognosis. It is also my understanding that there is nothing comparable to TexRAD at present, it has also been tested/researched thoroughly by renowned international institutions and been the subject of many peer reviewed cancer papers. TexRAD Lung has now attained CE Mark and can now be sold for use by clinicians in scanners etc, a TexRAD Liver version is expected this year with others to follow. All of which leads me to question why the depressed sp and what are the BOD doing to grow FDBK into a large profitable company? Hopefully the Results announcement next month will provide some answers.
Staggering....the silence from our BOD when the sp is being trashed despite TexRAD having been certified! How about telling the market what is going on, updates on trading or even outlining developments in the pipeline? Of course if you have nothing to say then it begs the question � what the hell are you doing�. In the last 12 months the market cap has not grown at all, for a young developing company that is outrageous, what is going on? The BOD do have the ability to influence the market and its perception of the Company yet by their slim CE they choose not to WHY? The Results next month have to be a lot more than the bland offerings of previous announcements. Getting fed up with this I must say.
Seems to me too good an opportunity to miss for Teresa May when she visits China end Jan. would not be at all surprised if the LOI with VRS became a firm contract during her visit. NR has been in London and has Govt lawyers at his disposal, do you think they might be pouring over the contract terms? Then the real work of infrastructure, logistics etc can get started for a June production start. Plenty more to come on this one imo, and it really is massive for VRS.
Exc research Capt, and to put it into context Pirelli were the 5th largest tyre manufacturer in the world Q1 + Q2 2016 with sales of $3.34bn ( Bridgestone, Japan, were 1st at $12.01), those are massive annualised figures and even the tiny amount of nanene added to premium tyres would be a very significant income contribution imo. Not sure of the graphene effect inbattery development but clearly that is also a potentially huge market if proven effective. This is a very exciting stock to be in.
Hi Chaz....painful isn�t it? They will say they will update the market when there is something to report, but if nothing is happening what are they doing? At least an update on revenue, jv�s, strategy etc would show investor concern but the apparent arrogance towards investors is staggering....it is OUR Company!
Hilarious Profit....but it sums up the root cause of all our problems. Talk about own goals! With CE Mark for Lung and Liver in development, as well as JVs under discussion (so we are led to believe) this should be motoring but the total lack of any communication with shareholders or the market has left the sp flat and mms can do as they please. Half year results will be interesting but whether the BOD will update the market on prospects, development or figures is another matter. This could and should be a highly profitable company imo, but is currently being let down by its own BOD.
You are not wrong my friend, therein lies most of our problems. Given the CE now though and the fact that the BOD have to deliver clinical sales or else serious questions will arise, I cannot see this stagnating like the last couple of years. I would l8e to think my 7p at the end of last year can now be at least 10p at the end of this. Not too much to ask is it....that would still be a very modest mcap imo.