Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Rodney- Excellent thought out argument- Your valid case demonstrated below needs to be physically seen by the Institutional Investors. They need to understand and consider this - prior to making any decision! THEIR RISK IS THE SAME AS THAT OF YOU PRIVATE RETAIL SHAREHOLDERS … (unless underhand deals have been done? This is AIM , after all).
flyingpie is right.... You'll just have to get the IIs on your side. Otherwise, they win.
Some of the reasons we have sold out are to do with the emotional stress of uncertainty, and mistrust that the future of the HUR deal holds. Maris and Co should be in prison for their behaviour. They think you shareholders are naive and stupid. I hope you can - once again,- prove them wrong, and oust them. This was a very widely held share by many PIs, and it was the BOD’s lies and skullduggery that caused them to lose their money.
Who pays for the CPR in this case?
Say the NO VOTE is successful...... Then what? ....
It stinks. Just IMO. I'm out , @ 78p.
Sorry. My mistake. Ignore my drivel.
What do CA think? If they need to be out, they won't approve this! Other major shareholder institutions likewise.
Chinese Walls and arms length claims are just rubbish. Self policing again rearing its ugly head. Greed at any cost is the real motive behind all these pious statements of credibility. Dog eat dog is the game. Watch Margin Call on the box!
Jacquibic --"I believe Hurricane, with our committed and capable team,"
Surely, you jest, Sir.....
Boss59 - You ask what do I make of all this? Just a couple of rutting stags vying for position as leader of the drivel pack here. If HUR management kept their shareholders aware if what’s going on then this fracas would be sidelined, and we wouldn’t have to suffer the bickering ? What choice do we have but to ignore the spats, and wait? I just hope there is no real personal damage between them. ‘Sticks ‘n’ Stones..’ etc etc……WTFDIK….
Fandg2 - Interesting discussion.
I, for one, would like to see a truly unbiased and independent new CPR. This oil game is a bit like the police and auditors. They place themselves on pedestals, and police themselves. Often, the payers of the CPR have influence on the outcome. The CPR people want the payers' business. They'll sign off anything... I just want the truth.
....Doesn't hack it for me.
I know its not easy to find such a body to execute the job, but there must be someone out there, somewhere.
Trouble is, I don't expect the HUR management really want a new CPR?
Happy to blow £17m HUR money on an attempted scam, but not on a new CPR....
Haggis is a financial genius.....I have known this for quite a while....also a good pal of Andi....
They can ban what they like. They'll be sitting on their fat pensions in ten years time. It's just politic talk. Others will lift or adjust any ban to suit the needed votes. All drivel. Do you really think Asia is going to ban fossil fuels as well? Suggest you go there and see.
It’ll be interesting to see if he has the good manners and courtesy to give you a clear, transparent, and definitive reply. I doubt it. He doesn’t want to. He prefers you to be mushroomed. Never have I ever encountered such an unpleasant and unpopular CEO !
Every time there is an RNS, it's an 8.5 form. Must have been hundreds. When and if any real news breaks, I'll probably miss it, thinking it's another 8.5
Quite right, Eski! …You do what you believe, and what you want. No one else’s business.
Fandg2 - Nobody really knows what a foreign co's balance sheet is going to look like 3 months down the line..... Even blue chip stalwarts like Marconi went down the tube. Control securities is another. PollyPeck another. The list is endless. Even CA can't predict such 'unforeseen events'.... The MickyMouse companies you will never ever hear about...
Anyway, just IMO.......Don't want to scaremonger, or enter conflict of opinion. Good fortune to you.
Further to my post of 1850 hrs yesterday…
Obviously, if an all-shares bid is from a reputable company like BP or Shell etc., then my warning would not apply.
If it is from an unheard of entity then caution should be applied. When such rip-off things happen, authorities like AIM tend to keep a D-Notice news lid on the problem, to “protect AIM’s ‘good name”…..and other such embarrassment of their governance failings. DYOR ETC ETC.
Beware - worst still - is an 'all - shares bid' for such as HUR. I have experienced this - and then a few months later, the bidder's company proves to be made of sand, and then shareholders are all left with nothing !
Not a penny has passed to HUR...
HUR'S CASH PILE , THE BIDDER'S REAL TARGET - having disappeared into the Bidder Company's further ' investments ' in the Cayman Islands, etc etc, in the meantime. Crook as hell. This occurred with UK Johnson Fry take-over by a Canadian company. All smoke, BS, and mirrors. Beware all....If an all share bid occurs, then I'm gone in a blink....GLA DYOR etc etc.