Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Oh no worry there...these people dont throw in their own cash unless they have a guaranteed return...Mr Buck has a well feathered nest at our expense....Wonder if he has he balls to go on the PR rounds ..that's what I'm waiting for...
Excellent post...Yes best move ,is to play them at their own game...below the placing price....average down....You know MB and his mates wont want the SP down at this level...They will want a fast return on their theft.
Mike Buck and his chums screwed us over ,but in the process made the company far more valuable than at any time in its history .A major discovery
The license in place and funding ..Any oiler would give it's right arm to have all that in place.
The market dosnt reflect reality, as is so often the case in AIM, and PIs are leftwith a nasty taste in the mouth ,however a screaming buy ,if ever I saw one.
Totally agree Mantasz...3.5 p says it all in terms of self interest...however the bigger picture needs to be the focus of our attention...We have what we need now to take this company to profitability,
We have ,even after the placing, a low number of shares ,
We will have all the profits for a cost of $10m (which I would much rather have than giving away half or more of the business for a farm.in.
The low placing price is leaving g a bad taste,but this placing seems to be being viewed as a"keep the lights on" with nothing in sight cash grab...Its far from it..It secures the future and in a normal world ,should be seen as a value enhancer...
What we do need is for MB to come out of hiding a d do some PR...he really is pixxing me off.on that front.
I really dont think this is bad at all...We will receive 100% of the revenue for a placing of $10m ...The reserves are huge ,with great upside potential...why share it if we dont need to...?..
License and funding now in place with certain profitability now assured...
That's not the point...The point is ,you make the most of your positive news in whatever market..Perhaps if he had ,we would be sitting at 7.5/8p.rather than 7p
I'm disappointed with MB 's lack of PR ,post a transformational RNS granting MATD EL..His RNS preentation was lacking and now he follows it up with nothing...He may be exhausted from the process but good PR was required with this major landmark...Really not good enough...
The reporting of trades has nothing to do with MMs..Trades are reported by LSE on what they believe actually happened...sometimes you will see "unknown"reported because they LSE cant make the call on the trade....
Having said that...LSE do a crap job..
In the meantime ,a bargain price on offer.
For sure,its a temporary SP setback...the fundamentals do not justify the downward SP movement..My earlier point.was that it need not have happened at all ,had the communications been top notch and followed up with a little PR.
We all like to see positive reactions to good news ,and it should be made the most of by our management...MB should be out there today letting the world know the MATD progress..
Unfortunately, it was a very poor worded RNS from Mike Buck,totally flat and uninspired,with no press interview...I did think we would make double figures despite it,but instead we look at a rediculous valuation.He needs to do the interview round and get some enthusiasm going...
Next up ...and should be in weeks ,we.should have a farm in deal agreed...
I hope we will be given the benefit of an MB interview....I think it would put a little life into the SP...
One month until the official completion. Time does drag when it comes to MMX...but still the market offering a heavy discount...
Hope.you are recovering Silv ...atb Sunday
I put my order in at 8am and just paid 8.5p...Still a steal of a price but obviously not as cheap as I expected...Frankly ,anything under 12/13p.today is a great price for the certainty we now have..
Excellent....Nice evaluation of the prospects going forward by Mantasz...Its been a long time coming.. ow we have a real business...
Good morning Silv, To be fair,its as expected .I've had one or two situations like this, where all that matters is seeing the deal over the line..I'm a little surprised ,if pleased, so see director buys at this stage...something of a heads up,I feel.
I thought we might have had confirmation of ICAAN approval via domain wire...but some good healthy buying in the meantime.
I've seen Oilers with nothing more than the hope of a wildcat strike valued at more than this...Market is sleeping...
He knows by following official communications.Its no secret,read the RNSs...a d watch MB interviews.EL will be with us any day ...atb
Yes ..we can see that without the Canadian market to provide lead towards true valuation ,the clueless AIM market drifts.