Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
WWW. Agree completely with you with ref to Rathole and his statements on this share. I have lost 60% of my capital investment on this one to date! We have to ask ourselves will this, if it happens, triple it`s value on it getting a partner for China? A huge question mark in my opinion and a very worrying one. I am of the same mind set as you and really am on the verge of bailing out but the loss is large I would really feel it badly and not sure if I could make it back over the next 6 months by trading? I do thing this is becoming a traders share if you look at the charts. Good look and lets`s hope we get it right whatever we do. GLA.
We must question TK`s very poor leadership of this company and the fiasco of SGC and the incredible GJ. He has watched this situation go from bad to worse and has remained on the side lines completely out of the picture and in active in doing anything to halt the demise of this share price. I have a 5 figure paper loss here and now look at what is a complete shambles in management and fail to see how d=Dempsey could be such a huge part of this share`s value? What does China hold for us? I am now trying to dig a little deeper into what it could hold as this could be a complete failure on all fronts with no reassurance other than a few brief words from TK that things are looking okay but no concrete news of a farm in. Surely if this was such a good prospect there would be a line outside EME`s door to discuss a tie up? Ratty was subject to the most abuse on here but has been proved correct on all fronts and his critics have all but disappeared with no more to say. Some even blamed him for the fall in the share price because of his posts? Of course the stock exchange read his posts before deciding what the price will be, what a load of nonsense. This has been a badly managed company and continues to be so. Will give it a little while and then swallow my pride and take the loss, move on and try trade my self back to profit. GLA.
BigBear2. Absolutely spot on. Amazing the number of posts on here still supporting GJ and his actions? Will have to dig in and ride with this one despite a massive paper loss at the moment. Got my entry level completely missed timed. Live and learn but when you see something like the farce by GJ it really hurts. GLA.
very quiet on here except for people trying very hard to find anything to lighten the gloom surrounding this share. All sorts of irrelevant posts from different articles from obscure publications and blogs. This was supposed to rise dramatically on news from China, we had what was on the face of if good news, what happened SFA. Looking at very long haul to any kind of result here. In the meantime Rathole continues to make accurate calls on the real situation and gets ****ged off? Lets be realistic we need something major to shift this one. It has become a traders share. GLA.
Orchy thank you for kind comments. I really am fun on a night out or at parties and am usually top of the guest list. Scarface 72 I do only invest any money I can afford to lose and have other investments that are doing okay. Most retaining their share value, some making a fair profit and most paying me a good annual return in divi`s. This however you look at it and I know you will disagree has been to date mismanaged. How could our TK allow the fiasco at Dempsey continue to it`s present state? GJ ramped this up to the heavens with his amateur "World Class" find and similar comments while going on a course of action that see`s us 8months later still without a fracking licence. It was stated in September that it would need stimulation and yet he never even applied for the licence until end of April? Are you telling me that this acceptable? A farce. TK is now defensive of his stance and has not even now with time running out found a partner for the China project. There will be no extension of that licence by the Chinese so keep praying or there will be nothing left to keep y=us afloat. This is a discussion board and not a one way opinion that must be adhered to. I am always open minded to hear different views on anything and can be convinced I am wrong in my view of the situation but this to date shows me no reason to change my opinion. GLA
WWW. Think you could be right. Every other company, or so it seems, involved in China is doing well we seem to be a complete lame duck with very poor management. So regret getting in here at the sp I did. Such a large loss to take. Could it turn round? Doesn`t seem to able with no support from TK who still tells us Dempsey is a success! How long can the pain go on. When is the deadline for the licence to be completed? Can`t take much more of this nonsense of a company. People keep posting links that have no bearings on our position? Praying for some indication of progress but see F---- all to encourage me. GLA
And so it continues. A real pig of a share now. From 30p to 9.5p with no real reasons. Upto tulainyo news all "Assets" were in place and yet this continues to fall? Apart from the complete mismanagement of Dempsey by the idiot GJ and TK allowing it, just what is in the background that is driving the disintegration of this company? Some of the posters here are saying this is good value at this price and I am sure it may be but not if you are in at 17-25p per share! I suspect that those posters are all in at sub 10p? I can`t rationalise this one and I have been in a few other gas and oil Aim companies and have had some drastic swings in the share price but always with a solid reason. Just failing to see any light at the end of the tunnel, in fact failing to see the tunnel now. GLA
So after Dempsey mismanagement we had everyone on here who I think are all in at sub 110-12p telling us that as soon as we get news for China this will rocket? I think we have a very short time in which we can rescue China with all the difficulties that remain with actually drilling for oil. The Chinese will not allow any delays in fulfilling the licence contract and may even make it difficult to enable them to take it 100%. This share is now completely a one off gamble! All ready 50% down on capital invested and could be losing the lot before to long. I totally misread this share and would happily take a break even price and walk away. I don`t think I would even invest at this price. 65% down from it`s high with only Dempsey as the excuse for it`s fall, sorry but there`s something not right in the background. GLA
So after Dempsey mismanagement we had everyone on here who I think are all in at sub 110-12p telling us that as soon as we get news for China this will rocket? I think we have a very short time in which we can rescue China with all the difficulties that remain with actually drilling for oil. The Chinese will not allow any delays in fulfilling the licence contract and may even make it difficult to enable them to take it 100%. This share is now completely a one off gamble! All ready 50% down on capital invested and could be losing the lot before to long. I totally misread this share and would happily take a break even price and walk away. I don`t think I would even invest at this price. 65% down from it`s high with only Dempsey as the excuse for it`s fall, sorry but there`s something not right in the background. GLA
Thank you Mooncheese. A constructive reply and plenty to help retain the faith. Just seems to be a very long tunnel to look down to find the light! Will have to switch of and relax. A few ouzo`s will help. GLA.
k7pws. Thanks for your reassurance on this share but Rathole is the only one who has been right on Dempsey. Everyone has ****ged him off but he has been correct. Looking at it today with only Dempsey failing but by your reckoning it will not lose money, everything is still in place when the share was 30p? Yet we have lost over 60% of it`s value? I am trying to rationalize this but find it very difficult unless there is something in the background we have not be told. If you are a holder that was fortunate to get in under 12p then you can be quiet relaxed I suppose but anyone who came in over 17p must be worried. How is this going to reclaim even 50% of it`s current value to prop it up? The hype about China is not that convincing or TK surely have put something into the public domain to stop the endless slide into the pit. I am not being a pessimist but this is really worrying now. GLA.
Unfortunately I think Rathole is correct and this is really turning into "A Nightmare on EME Street". What a complete disaster even with China on the horizon. Can we really expect any news soon and will it be positive enough to save our bacon? Not convinced by anything about this share anymore. Over 40% down on my investment with nothing to reassure me that I can expect my money back let alone any profit. Hope something turns up soon for all our sakes. GLA.
Just can`t believe the complete disregard for the PI`s in this company. Arrogant and disrespectful of their concerns and of their money. We as always on Aim are the last people of any concern. So sorry I am in here even with the possibility of China being a saviour. I am now very sceptical of the development of this field and am in a what looks like a very long term investment which is not what I had planned. In hindsight I put to much of my capital in here and I am short of my normal trading pot. The paper loss here is so much more than I could of imagined with all the ramping and publicity they had going 8 months ago ie: Daily Mail`s Share to follow? Decision time as to can I take the loss and go to day trading to make it back? Blooming hard work that. GLA.
Where the hell is TK? Disappeared of the radar. He`s needed now to try and halt the decline of this share. I think I`m probably in at the same level as GAZZA and this is really painful. I have to agree with rathole there is only China that can do anything for this share. If my loss was only 20% I would abandon this but have to try and sit it out. Really should be able to take action against GJ. GLA.
You have to ask your self what has TK done over the last 5 months to address this buffoons actions in the appalling methods and management of this well? Nothing! He has shown no quality of leadership in directing and preserving our SP price while GJ carries on acting like a clown. Ordinary people on this board have been highlighting GJ`s awful methods and delays in this program while TK has gone along with his methods and delays in getting results. Not happy with TK `s strength of management and feel very apprehensive for the future in the handling of the other assets. Just lost another 15% of my investment. Should have put it on a horse. Feel very let down and only wish we could do something to bring GJ to account for the lies he has told. Surprised Ratty hasn`t been on already to tell us how right he was to warn us of our impending doom. Lets hope we can stay in double figures but looking unlikely. GLA.
Looks like it will be another quiet week with hopefully a stable SP. BigSpike if the equipment needed has not yet arrived that would be yet another delay to put on GJ`s CV! Just going to enjoy the sunshine as there is nothing on here to make anyone happy. GLA.
I think all the comments to date on SGC and GJ ref Dempsey really do encompass the total knob that GJ is in his actions on this field. Mooncheese your comments are spot on. He is using our money to fund his back to front theories with no thought to holding up the share values of both SGC and EME. The continued refusal to give positive info or even any info is playing havoc with our share price and any recovery is starting from a very low base instead of a 20-25p range. Gazza we could take a civil action against GJ for unduly influencing the share price with inflated estimates and predictions of Dempsey`s value! I think we all know that we can only wait and see. Not a pleasant situation but don`t think I personally have any choice with a large paper loss looking at me. GLA.