Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The board have terms of financing from several of those in the dataroom and are negotiating to find out the best deal that minimises dilution for shareholders.
Then there will be an equity raise to follow once the remaining number is known.
Will that be at 10-12-15p I doubt it will because it will be the final piece in the jigsaw the secure > 1bn barrels of reserves and DH and JC have told us the terms they currently hold value the OIP at an asset level not based on the current market capitalisation.
It is not uncommon for companies to have tight financing window, that cause the share price to come under pressure, it creates opportunity. It is why I’m invested.
BUT you are simply lying when you say there is no plan, the plan is very clear, the plan is well progressed.
I am a professional advisor and raise equity for a job, I can see from his commentary / word selection that the Company is well advanced in its plan. You are not in the glass half full camp you are in the there is no glass camp.
Rogadar
You will either keep this going and use the phrase, “I expect a massive placing mark my words / at 10-12p” and become Louis10 / Kever or not but I have my suspicions.
There are Chatbot tendencies with all 3 personae with silly errors and repeat commentary.
Link already posted on another site but worth sharing IMO.
https://podcasts.apple.com/gb/podcast/chuck-yates-needs-a-job/id1536448009?i=1000641130558
Key note are:
Vendor financing package already show that if each party were willing to work with PANR on an individual package basis with PANR then there would be ZERO DILUTION but it is highly unlikely that is deliverable but DH to deliver on minimising the equity funding requirement.
DH mentioned gases and in particular Helium. There is a huge potential story to incorporate into the SP if this can be brought to market. Massive New Technologies story.
This has been answered on a number of occasions today.
The recent data from completed drills and analysis have the framework to establishing the oil in the ground as and asset. The board have set out the requirements to active “reserves” status.
This is sufficient detail to have 6+ vendors in active discussion and negotiations (quote from recent webinar) based on the asset value, and not the current market capitalisation (and definitely not at 10-15p).
Therefore there are at least 6 direct routes that are actively spending time money and resources to secure a position in the PANR project.
This doesn’t mean there will be any discount to the current share price to raise the $300m self sufficiency.
There may be dilution, I’ll be delighted to support if recommended by the board.
There will be no discount to todays share price to raise any shortfall once a vendor finance partner is secured as the share price will rise significant on the announcement a preferred bidder has been granted exclusivity or agreed terms
Your turn, have anything of substance to add?
I had time on my hands today and started off asking questions to give you the opportunity to put some detail on you opinion, to back up and support your position.
But you are telling the public that your mate said there would be a massive placing of ~ $ 150m at 10-15p because you spoke to a broker (not a formal WHI note or research guy like you previously stated) and that it is now just your own opinion.
Therefore, if you gave substance please share otherwise please keep you lies and abuse off the board.
If you actually had the conviction to back your own opinion then you may get some traction on your discussion but you treat questions from others with distain that means you get dismissed as a clown.
But you lack of substance, lack of coherence, lack of intelligent response annoys others looking for debate and discussion to support their investment thesis.
You offer nothing, to support your view, you bully those that ask questions. So I read your comments for entertainment on a quiet Sunday. I 100% do not listen or take in anything you say because since early morning you have said nothing meaningful or coherent.
Writing I’m smarter than you and you’re stupid because you don’t agree is childish and pathetic. I’m asking questions to understand if you can respond with substance…..
The comments today speak for themselves, in my opinion
😂 😜 😂
I really don’t care, had some fun today whilst sitting waiting for kids and for me it’s clear you are not worth listening to.
Some may agree, some may disagree but I’ve asked all day for some substance to your strong position, and you have offered nothing. Just more, I know because I know rubbish. You know nothing and I will continue to support the board with my investment I the hope of a significant return.
I don’t care what you have or don’t have in terms of investment. You come across like a sad, lonely bully and if that makes you happy fill your boots.
What will be will be!!!
Claiming you have shorted in the past 4 weeks based on Insider Knowledge of a placing at 10-15p is a National Crime not local Authority.
Wow you really don’t have a clue.
Gove your wife and daughter a hug when the door rings
Kever, the weakness in your argument is that you shout about your opinion with certainty yet you do not back it up with your own cash.
You opinion is worthless if you don’t have the balls to back your opinion.
You are sad, if you have a strong opinion and you don’t have the balls to back it up, with you own cash, and you spend hours on here every day shouting about you opinion without backing it up with you own cash.
I doubt you made a fortune when you were 15, that is my opinion and I’m entitled to it, using your own words
Kever, again you state it’s your opinion…. The question you have failed to answer again is why?????
The asset finance isn’t coming????
The asset finance requires the reserves to be classified as an asset first, the board have detailed the framework… from an IFRS accounting perspective to enable the oil to be classed as an asset. The steps plan is clear.
A number of finders are interested and need comfort on steps plan to fund.. what part of this is not new info that changes the landscape, and therefore your decision??? Please explain why you know something different and it is not simply your gut feel???
When you say that the large investor was given precedence over you research, i am confident that you are over stating the relevance of you opinion.
For months, (under Kever, since Louis) you have restated the need for a massively placing at 10-12p without any detail background reference to any research of any kind.
You gut feel is irrelevant with any form of context. Your lies about WH Ireland have been exposed. We all know and understand that you think there will be a massively placing at 10-12p but on what basis?
Many people on this board have asked you to provide sone form of detail, background or reference for your opinion, which has never been forthcoming. just the same old 💩 which renders your contribution as irrelevant. we would all engage positively with you if you had any form of context, you simply haven’t bothered or got any.
The reasons why many people reference insiders buying is because they have full view of the detailed strategy, they have options to invest their cash (lots of it) anywhere they choose based on advice, professional research and proven experience of making money.
They choose to invest in PANR, and back the Board to deliver the plan. We all know the level of risk but buy into transparent communication from the Board, their confidence in the Companies ability to secure finance and the clearly stated focus that the Board will minimise any dilution and the statement, and historical proof, that “when the share prices runs, it can run and run”.