Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Just as a matter of observation, I think these guys do a really quite superb job on investor relations.
There is absolutely no ambiguity, evasiveness or bs.
A very high quality company, and every reason to be optimistic onwards.
For me, this is a regular buy and a very long term hold.
I don't think you are trying hard enough. Put your back into it.
I really don't know what to say to that sort of comment.
What? Why? Where? When? Says who?
Https://www.miningmx.com/top-story/55179-sas-treasury-throws-transnet-debt-lifeline-with-r47bn-guarantee/
The last section in particular is encouraging. Nobody ever talks about export volume, but is is equally as important as the coal price.
Bisichi, as a minnow, has suffered terribly from the Transnet capacity constraints.
$110 at 'normal' RB export volumes would be substantially profitable.
Https://www.miningmx.com/top-story/55179-sas-treasury-throws-transnet-debt-lifeline-with-r47bn-guarantee/
The last part of this is a bit mumbo-jumbo, but is good news nonetheless.
It is a curiosity how little attention on here is paid to volumes. People obsess about the price, but volume is equally important in the profit equation.
I think we wait until Thungela gives us the market and trading update that Bisichi never will. Should be next week/week after.
As I have previously posted, some obsess about the Heller costs, but a £1m reduction last year would have made no difference to the current tragic share price.
Michael Heller is unlikely to replicate his cost this year.
The real failing is the lack of communication, the lack of a defined strategy, and the lack of a dividend policy.
They seem to encourage the market to assume the worst.
I wonder if there is another company out there that could effortless pay out a divided greater than its share price from piggy-bank savings?
What sort of lunatic holds shares in a near insolvent company that has lost £400m in 5 years (with no sign of disrupting that spectacular trend)?
There are 18 preceding comments on this share today.
All but 3 of them add absolutely nothing to the conversation, and serve only to demonstrate a frailty of mind and nerve.
A word of advice, guys - AIM stocks are seriously not for you.
Not really. Share price should be driven by annual profit, not daily fluctuations.
Buy first, and ask questions later. Very rock and roll.
Humour me - I was just trying to introduce a little light in these dark days.
Broomtree's charts suggest 800p.
Just watching the excruciating ESG presentation live.
One reassurance is that Greg Smith is visibly appalled by the rambling virtue-waffle.
This discussion board is like a lunatic asylum.
Everyone ranting madness, in the deluded belief that someone is listening.
Wrong country.
He has history. Don't rise to it, Brad.
Every discussion board has an underlying flavour.
This 'shed in a jungle' outfit has a flavour of relentless blind faith.
So much so, that I was once nearly persuaded to buy some.
Thungela confirmed earlier in the year that breakeven in SA was between $80 and $90, dependent upon volume.
In Australia, it is a little over $100.
So certainly not making a loss.
I'm delighted that AML exists as a company, but it must be understood by all that share ownership is a form of sponsorship, not investment. To think otherwise is very far beyond delusional.