Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
As we see further evidence of an amazing Gold asset ,so we see further derisking of our investment
Clearly Welsh Gold is going to be a much bigger asset than was first envisaged...Greenland will be an even more impressive target to monetize..
Excellent news today..
Nice bit of Neil Diamond there...like it
I3e is at such a discount to true value that it makes a laughing stock of the AIM market..as is often the case...The market simply has no idea how to value this company...We will see a rerate on the back of multiple listing...bravo Canada..
If that isnt a heads up ,then I know nothing....
Excellent news ...
I dont know a thing about cups of tea...just that this is very under valued ,with a pending dividend and an oil price of $70..almost double what it was last year...
SjL,
Thanks for your thoughts ,Frank's auction should provide us with a good indication...I wonder if simply applying a PE multiple is enough to reach a valuation in our case..given the lack of property available in the market..
SjL, I'm finding your end game valuation a little bit pessimistic .Eighteen months ago you stated a valuation of $200/$230 m ,and now approx half that.?I know that things change but I dont believe the market value is half what it once was,what with Frank S, looking for bids for .Country starting at $300k..he may not get it ,but his starting point must be based in some kind of reality..let's also remember that .Country has only 1k registrations.
If we factor into the general market that we are one of the last decent size outfits available,I would have thought a decent exit would have to be in the 13p range..I would certainly consider anything less than 12p as a failure,indeed probably better to remain independent and pick up the dividends.
I'm.not sure that it is a different tact..This I would guess is dead inventory that sits on our books unsold,and will now start to bring in revenue.
I am positive on this RNS.The mood music is so positive ,the time and effort spent so extensive,that it will make management look extremely foolish if this is not a good commercial prospect..Allowing frustration on assay results delivery to mask the positive sentiment would also not be wise...We do not expect results until later this month...RNS s like this are valuable Indications...atb
Obviously the SP was marked down to accommodate whatever transaction is going on now. A great deal of manipulation goes on here in both directions.I dont see a takeover but perhaps an upgrade on dividend news..atb
It may well be that there are no takers for MMX at present ,but it's certainly not because we have four porn tlds..Nobody cares about this stuff in the mix..four in 32 becomes 4 in hundreds...Godaddy is selling this stuff ,porn is on terrestrial tv now...you can buy weed legally in many US states now..its all put there...the problem was always a stand alone vice industry tld....outside of that..what risk?
I agree Silv, we need to make MMX an attractive proposition in it's own right...dividends being essential..TF is something of an invisible man but it seems from the little we know that he is focused on profitability...
Adult themed strings are available with Godaddy and other registrars..I can see no risk and no barrier to MMX ownership of ICM stock..4in 32 would become 4in hundreds.Nobody cares,what risk ? We get porn on terrestrial tv now, as well as other voices, you can even buy hash legally in many states in the US..
I'm not sure about where we end up ,but I'm sure as hell not worried about.us owning four porn strings
Pleased with today's RNS ...I'm a long way down a hole on this one but with a good dividend and sentiment can see some hope of a return...next stop double figures..
Alba have some fantastic prospects worth multiples of today's sick SP...There is no way that we can realise potential without joint venture agreements..we simply dont have the money to do it..I hope the recent twitter talk by Alba is a sign that GF gets the reality of our position...one joint venture and this company is made...
Good morning Silv, always well reasoned consideration from you..I do, however believe that TF has had time enough to identify problem areas and should have an idea of his priority objectives.
At this stage ,I do not accept his lack of engagement with PIs...Start as you intend to go on...and take your investors on the journey with you ,is always best policy. Get your photo up on the website ,introduce yourself, this is basic CEO stuff.Im a little tired of well paid people having to be told obvious stuff...
We certainly see it all with this bloody company..
TF has been CEO for four months now .I'm pleased with the little that I know,cost cutting ,inventory release etc,however the man is almost invisible..Given the recent history,I really think he should have connected with shareholders and given us a clear set of objectives for this year..He may be doing a good job ,but part of that job is communication,something every CEO we have had has been lacking.Its time he came out of the shadows and introduced himself.
LOL SjL, would be in keeping with our luck in recent years.
I wonder if Frank has decided he isnt going to get the right price for his portfolio ,so.he may as well own the building ?
Silv,I've never seen a 60% increase in a single day..
Its falling back now as recent investors see a way out..cant blame them...I've seen 10,20,30% pump and dumps..but for a dead beat line MMX?
Is in free fall...once deletes are extracted ,about 3,5k sales...something else has sparked this.
Hi Silv..yes indeed, interesting day...not sure what to make of website activity.