Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I get people's frustrations. I too am frustrated, however I think you have to look forward. Yes I have concerns about the ability of the BOD to close the deal on 1801 & 1802, and I am concerned about their previous decision to consolidate and go with RF. But we are where we are, and at today's SP I think we are massively undervalued.
Do I think we will ultimately reach the promised land? Yes, I do but that is despite the board not because of them.
Do I think the board have learnt from their mistakes. I truely hope so!
Do I think the SP will rise significantly from these levels? Yes I do.
Hence I remain invested and will top up when I can.
There is no point reliving the past. Learn from it, definitely. Don't forgeet it but let it go as we are where we are and the future still looks very bright.
AIMHO DYOR
Elcap
fingers crossed for you warty that you have had op today and all is well.
i know how you feel 4 yrs ago i fell off ladder in my kitchen and broke my leg /ankle in 7 places. now got rod and 11 screws in my leg./ ankle.
rehab was a ***** but on the positive side i now know when it's going to rain. it's like my ankle is a barometer.!!
good luck!!
elcap
If it transpired that big pharma had made them personal offers (jobs etc) then they would need to be very careful as they need to acting on the best interest of SAR and not themselves. Could land them in deep do do.
I too am wiling to put in 3 - 5 lots of £1000. Looks like Shareholders stepping in could be the way forward.
The main thing is we will need to put the suggestion "formally" to the BoD so that if they then choose to go down a more destructive path they could be found to have breeached their responsibilities as Directors & Officers of the Company and would then be open to prosecution (both criminal & civil) and could end up with damages, fines and potentially prison.
If someone can set up an email account (SARshareholders group) then we can email our personal details and get this show on the road.
Work commitments mean I am unable to lead on this but more than happy to follow.
Elcap
I emailed TM & SP yesterday, I suggested they call an urgent Investor meets meeting to update us on what they are going to do to turn this ship around. I suggested they ditch PH, PR person and any other unnecessary costs, including the BoD taking a 50% salary deferment. Please feel free to email them as well.
Were right. They called it correctly. Whilst I never disagreed with them that the SP would probably drop I stayed (and topped up) because I believed that the science is that good and news could drop at anytime so I ultimately believed SAR would be successful, and I didn't want to risk being out, in fact would take advantage of the lows.
However to both their credits they could have come back on here accompanied with a brass band to really rub everyone's noses in it. They have passed comment and are right to do so, considering how much stick they took at the time. I for one want to say: You were both right, you called it.
Now I want to know what they think the bottom is going to be on the SP.
Elcap
NOT a good day!!!!!!! The BOD need to pull a rabbit out of the hat. Peel Hunt need to be sacked with immediate affect. And any other advisors they have need to go. BoD need to defer/ reduce salaries with immediate affect.
Elcap
The key to bringing each of the entities Professional Indemnity Insurance policies into it is by naming both the individuals AND the entities themselves (ie, Anavio, COPL, Tennyson etc and all the individuals individually named). There will be more than enough cover to pay hundreds of millions in damages. The policies will not pay for any fines or penalties potenitally levied against the entities or individuals as a result of criminal acts. (as you cannot insure yourself, or your company for criminal acts).
"Some sensible conversations then all is now ruined. Seems like someone wants to be the honey monster. Seems you want to troll me. I’m going out let’s see how many ticks for that post. Ruined some sensible chat."
Wybasedhere2help - not surprissed your cross, someone else ruining a conversation. Must pee you right off.