Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Leave Orion alone he has motives...way too much background chat about what he does or doesn’t do or believe. If I were him and I owned shares would I post this stuff or sell then post ... why post this here? Our market cap is teeny, might be for a while but seriously O for the last few months tin this tin that invest in a tin explorer. Gla. Ps FYI we don’t need change that’s already happening....more a replacement ...emoji hands out sideways...pps I might be wrong about you but you confuse me
Haha you’re welcome ST! You owe me a beer! The sp hit my target so sold a 1/3rd and have 2/3rds riding out whatever happens. All in my Sipp so playing the long game but the ‘boss’ has rules....tbf if she had her way it would all be in bonds!
Sure it was people like me taking their initial stakes out or at least partially. Nothing wrong with that and I’m sure that’s why we have morning dips. On a free ride here now and intend to see it out to the end! The potential is amazing with funds in place and low capex to get to production on a commercial find. Gla
The market would take all my shares at full ask most of the day... this is going up before it goes down then further up. Point is at 30p pre drill results it’s probably still cheap as a risk reward. If this hits on first drill it’ll be near a £1. If it misses the it’ll prob hits placing price around 10p....they have the fiancé’s and the contractors have taken payment in shares. Not sure how charts or the rise mean anything. It was undervalued and some people missed out. They’ll still spout the same stuff after the drill bit confirms what we all believe. I miss the days of two posts a day....oh the 7-8p days
How has the chat got to this? I think anyone who bags will derisk...if they say they don’t then they’re greedy stupid or lying. The fundamentals remain the same and people’s adversity to risk is their own look out! Diversify on aim or you will get burnt. Take profits...it’s better to take profit and regret it than lose half your stake and regret it. If you have a crystal ball I’ll buy one from you
RR you said what have they been doing for 3 months. I really don’t know about contracts for ceos of aim listed miners in oz but....(and I’m not by my notes)
In the last interview I saw with Craig he mentions meeting with the board to decide the next steps...
Suppose he’d been approached by someone at this point but was in a fixed term contract with cobra. In the last 3 months perhaps he’s been in discussions about breaking a contract and the board have been looking for suitors. It seems that 6 months ( from memory) is a long time to give as a resignation period, mines 3 and they’ve invested substantial amounts in training. Perhaps the board have known of his ‘intention’ to leave and have been working behind the scenes to make it as seamless as possible.
Knowing Craig was going isn’t an ‘ok bye’ situation and the next day you carry on as Normal. They must have been working out logistics based on his departure.
https://www.onlinemoneyadvisor.co.uk/pensions/pension-drawdown/crystallised-pension-drawdown/
It’s especially relevant if you’re over your LTA, you need to decide wether to pay all the tax in one go, 55% on amount over LTA, or 25% on amount over LTA and continue standard tax rates on drawdown on the remaining amount.
Double check this mind you
Noob67...and sort of seal and we’re away!
If this gets to the levels you’re talking about then Tanzanian tourism will do well too! We should all go on a busmans holiday there!
Out of interest anyone on this board ever been there for work or otherwise?