Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Just another shoutout for Bhargav and all the insights he has given to us minor shareholders trying to find the next GGP. I listened to the investor meeting and after all the negativity on friday was reassured that we will make progress in 2023 all be it maybe slow initially until phase 2 is ironed out. Brad and Louie were saying the right things about playing hardball with Agnico lets hope it pays off.
Bhargav. Thanks for a great summary of your meeting with the bod. The fact that they were prepared to discuss this for that length of time must be seen as a positive. We live in hope that 2023 is better than the back end of 2022.
Adon just listened. Same excuses covid, supply chain issues and government owned rig company trotted out. However potential remains in Tunisia with only 1% extracted. We must by ripe for a takeover from somebody who is prepared to spend 50-100 million. Tunisia only has 6 drill rigs! Cash nearly equal to capex is a joke. I didnt hear buybacks mentioned but with £7 million in the bank they could buy 5%-10% of the company back without denting cash. Think they have 7% available to buyback.
Another company that talks a good game. Administration is sadly lacking. **** up on disclosing shares in circulation a few months ago and now this. Where are the Q3 figures as well?
Are they just trying to trickle the share buybacks not to materially affect the price. Get them on the cheap. Still a couple of weeks off Q3 results. Still got availability of over 7% of total shares for buyback, at current prices around 3/4 million pounds.
It will be interesting to listen to Shaun's take on the feasibility study being pushed back to enhance value. Will he come out with an updated MRE. The drill results are outstanding again. How the hell are we still at just over 8p.
Bigbench. Completely agree 4 years since delist. What a disgrace. There are no words for this **** show.
What excuse this time?