Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Surely that comes down to the economics? Is it easier to purchase 15m tonnes now in one go at today’s prices or to just buy it at the gate and risk someone else coming and trying to buy it?
When you say it’s not world class how many other sites do you know with more of it, other than the one you keep mentioning?
Well that depends on the reason for the dividend I suppose.
The dividend we are waiting for is for the sale of some of the companies resources. Once that is done then the business is worth less so if they give us 10p in return for 75% of the assets then I would not expect a rerate at all.
I think MM's must hold shares which is why it's always so easy to buy this stock and often impossible to sell.
Its going to be fascinating to see if anything reacts to that buy, that's about 2 months or more of buys on a normal basis.
It is pretty dreadful how many long term holders have sold up, it's getting to a point now where the board do need to do something. We can't keep seeing no progress at all on the companies main project whilst they tinker around the edges on other projects that they can't even afford to take forward.
Come on BOD, you have to take responsibility for this share price, that is a real failure.
If Patrick doesn't pull his finger out?
I am sure that we shareholders on here do have quite a big holding combined but are we anything near enough to try and force some action?
I appreciate that things can take time and Patrick may well just tell us all that things are confidential but it's getting silly now and he ultimately answers to shareholders doesn't he?
The share pricea is now less than half what it was before the placing and more than 30% what it was a few weeks ago. We have a permit and some half decent silver assay results and that's it?!
We have no offtakes, no new MOU's, no financing plans, no deadline for mining to begin?! Is this really good enough and all we have had from him is a slightly amended presentation where they cherry picked questions to answer?
How do we go about forcing some action? Is it even possible?