Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Starting at 4 am, down to London to inspect the Directors' contracts at Hill Dickinson in the City, then Farnham to check the share register, back to Chester, then up to Glasgow to meet up with Raymond in Glasgow for lunch on Saturday.
It has to be done.
Yes but would they put the work in?
I believe that a great deal can be done to help these fledgling firms to get them ready for an IPO, whether it be helping them with Lawyers, Stockbrokers, and getting the company in a fit state finance-wise.
They might appreciate help with preparation of prospectuses, AIM Director training, introductions to prospective investors and promotional material etc.
Sitting around waiting for these companies to list and make a fortune is far from being proactive in getting them to market.
Are you seriously suggesting that Directors of a company on £200k should only work for a few hours a week for a full salary?
You have a different set of values from most people.
ian12 That would be a good start.
The next thing would be to give up their full time day jobs and work for Primorus instead.
I fear that they may not be prepared to do that.
But even on tiny trades, the price is edging up.
Any volume and it will move quickly, imho
We shall see, especially if there is any press coverage.
Anyone with a twitter account should retweet the positive posts please.
It was always predictable that the paid derampers and friends and family of those that stand to lose income would show up.
They were never going to be my biggest fans.
Nice to see that someone has spotted this.
I don't want to drawn into basic economic debates.
It's all about Net Asset Value per share.
If you pay cash you reduce NAV by cash plus tax.
If you pay shares the cash is still in the pot and although there are more shares there is more cash per share and therefore greater NAV per share and higher share price per share.
Nobody is stealing any assets or shares, all we propose is to reduce the annual costs and get much more work per pound out of the salaries.
Simple.
It is well-known that some AIM company Boards like to milk the shareholders.
Subject to the new Board agreeing with this, although it is for the shareholders to approve it, shareholders don;t usually get the chance to have a say.
Firstly, the salaries are halved.
Secondly, the salaries are paid in two chunks.
Half in cash and half in shares.
The shares number is specified at the beginning of the year and 8.333% of the total paid each month, in a tax-efficient manner which should hopefully save on National Insurance costs.
That way, if the share price goes up, the Directors are notionally getting more salary, and rewarded for their efforts
If the SP goes down, they are getting less reward, as it should be.
Any end of year bonus, to be approved by the shareholders, based on the INCREASE in Market cap, not the overall Market cap.
I want to end the ridiculous situation whereby the Directors approve each others' salaries with no input from the shareholders.
Please let me know your thoughts, and whether it should become the Law?
I have some contacts in fairly high places.
Have a look/think about what has happened here.
It usually takes a team of Lawyers, Stockbrokers, Accountants three to six months to orchestrate a Company takeover.
It has taken me a laptop, an investment of £150k and ten days to do it, including doing all the Legal work behind the scenes with the help of Simon Holden from https://www.keystonelaw.com/ who is repeating our success with #INFA
The overall costs should be less than £50k in total
Hopefully, it will be bloodless and we'll have a seamless handover of power and genuinely thank the outgoing Board for their endeavours, but now it needs some serious devotion of time to take it to the next level.
Like people that can and are prepared to work night and day with a passion for success.
If I succeed in my objective of a sixpence share price I will have added £4 million to the value of the company.
A Board of Directors would normally give themselves a bonus of 10% for doing that.
I was thinking of asking you for shares not cash, as a reward. It is your money, and therefore for you to decide, not the Board to give your cash/shares away without your permission.
Please tell me what you think would be fair, and good value, if we succeed?
I would settle for 1 million shares, please tell me if you think I am undervaluing my worth?
I hope they will be worth £45,000 by the end of today.
Re-read before you send.
4.62 represents 50% SP growth since I took an interest on the 1st of September.
5% growth per day.
Nice.
Ask them to resign and hand over to new Board to save money and embarrassment.
The more the merrier.
You can also tweet them.
It would be nice for the SP to hit 4.62 which represents 4.62 pence since I took an interest on the 1st of Septenber.
Keep buying, let's get this over the line. With a MASSIVE margin.
A busy day ahead.
Balanced66 I could not agree more.
That was done day 1 at Infrastrata.
I would like you all to know that I first took an interest in PRIM on the first of September when I bought my first chunk for 3.08 pence, when I was asked to get involved.
It shows how much I can do in a week.
We've only just begun....
No I prefer
https://www.youtube.com/watch?v=_AmkmqYEarw
iT IS WORTH NOTING THAT AS SOON i WAS IN CONTROL OF THE INFRASTRATA BOARD I HALVED THE SALARIES, INCLUDING MY OWN. I HAD ONE BONUS OF £5,000 AND DIDN'T TAKE A DAY OFF IN 15 MONTHS APART FROM CHRISTMAS DAY.
Sorry to shout, but you need to listen.
Dana, which you will find in the name Adrian.
Some of the crew that helped me in the Infrastrata Board coup will verify my sincerity and identity.
It is crucial for Investors to feel that the interests of the Board and shareholders are co-aligned.
Rupert would bring a great deal of experience to the Board and in Institutionally investable with his very senior role in the City. This needs to be complemented with someone that puts the shareholders first.
Once the market realises that we are all pulling together, this will really motor.
There is far more potential in the pre IPO companies than most people realise.
I have had a busy week so far, and it has all been for you lot. Oh and for me, now I am North of 3%
Danaxxx
Watch out for the Evening Standard.
I think it will be a busy day.
I am allowed to say 'Have a lovely day everybody'.
Mkx007 Please don't misjudge me, I am your friend.
Your BEST friend. I've paid for your lunch. Maybe dinner as well?
We should all thank Heaven for London South East.
I have just got up, I have a very busy day today. Much of it on your behalf.
Forget 9 to 5, I prefer working night and day. Coz I luvvit.
I am more driven now than ever.
Retire? This is more fun than you could ever believe, and I hope that we all enjoy the journey together.
https://www.youtube.com/watch?v=vjD3EVC1-zU
Dana xxx
I certainly hope so.
Those that are better versed in drilling, probably on Another Dam Fine Virtuous Newsboard will be able to advise whether they can detect that gas is present on the way down?
I imagine that the drilling pressures will spike?
GLA