Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Anders last night on telegram:
"Excited by the update, looks like we might owe Rowka an apology ??"
"It's going to be a long weekend, but I'm glad they RNS'd it tonight so that investors have time to digest and see how great this is over the weekend"
Billions did you read the RNS?
"The decision on whether to proceed and thereby incur all or part of the Earnout is wholly at the discretion of Eurasia. The Earnout (if Eurasia decides to proceed) will be spread over the period of the development of the Additional Assets."
Billions, we can discuss it but none of us know do we, whatever the cost it's spread over the period we are mining the assets. i.e we can pay as we earn.
All we can assume is whatever we have to pay we're not going to pay more than we can make, that's the whole point of our deposit to explore these options even further, with full control over either paying the earnouts or not going ahead if say it's not economically viable to mine it.
We can't really lose out here is the important thing, they've spent $8.3m already exploring it, and taken 12,000 samples... THEN we sign a binding JV agreement... it's hardly stabbing in the dark at this point is it.
Which rampers have claimed that Billions? The only one I've seen post that nonsense is sharebel who is clearly not ramping lol. Whatever we pay to secure/extract the new resources (IF we choose to as it's totally in our hands), it's going to be highly profitable no? Or are you thinking we'll pay out more than the resources are worth for some reason? Seems an odd business model!
Well some of us haven't made any figures here yet 3Roach but can still see him for what he is lol...
"held from 2p" yet says "erm we have gone to 28p plus on hyped up sentiment and constant FOMO" ... who holds a share if they think it's valuation is massively over inflated? Something just doesn't add up with this one. I miss the days where shorters/de-rampers at least put some effort in to sound credible.
Sharebel, if you've been in since 2p days but see nothing but bad news and gloom ahead, and are so sure FSP isn't happening now, it begs the question why are you still invested at this point?
Presume you'll be selling Monday AM after what a year+ of holding on through all of this from the 2p days***? Why suddenly now are you so down on a company you've held firmly for all this time?
*** FWIW I don't believe for a second you've held from 2p days when you have this attitude towards the company.
Just a friendly reminder too as this place seems to be even worse than ever with the infestation... the Telegram group has all the EUA talk but without the waves of toxic shorters you guys still bravely battle with on here...
https://t.me/eua_palladium
They tend to post more on telegram so join up... Anders seemed pretty chuffed by the RNS as we all should be!
https://t.me/eua_palladium
Yeah lets hope they give a good presentation, feels like we've been on a never-ending slide down so nice to see a bit of blue, I'm well under-water but not selling a bean, too much potential here, gl all.
@uxm484 "They buy high and sell higher"
If these "idiots" can pull that off then I don't really see the problem lol
Optimist, at the risk of sounding cliche I think "enough shares are in sticky hands" now not to be worrying about this, sure newer PI's who came in very late might be freaked out and sell at 30p but it shouldn't have too much impact on SP now unless they somehow hold 27m shares too lol
Every day more shares are with the ii's and people who are waiting for the sale, weeding out the weak and all that!
Hopefully Aston but calling them "special needs" and "window lickers" in the same breath made me think otherwise, apologies if that's not what he was inferring .
Not trying to start anything Hoochy - I'm on your side here, sick of the de-rampers on here (and they're infiltrating telegram a bit too), just saying as you're on the "good" side rise above resorting to stuff that makes you no better than they are. Stay classy guys and have a good weekend and hopefully week ahead!
Hoochy just a reminder it 2021, no need to use derogatory language about mental ill people to try and insult posters on here. Not being a snowflake just if you're trying to be the good guy here you're not doing a very good job of it ;)
Good post Aston, only thing that bothers me and plenty of others I'm sure is this elevation or monty/rowka to some sort of level like he matters to this stock more than you or I. He's never held enough to make even the tiniest bit of difference to this share, there are plenty out there like Anders who actually do own enough to make a difference and they held and that to me is far more telling than what montyrowka does with his. Nothing personal rowka just bored of hearing about what you do like it's important...just move on to pastures new and stop trying to convince others (or more likely yourself) that you did the right thing.
I shoild have added there are many nice people here too bravely battling the trolls and bot flies but it's a nicer place to discuss EUA on telegram.
Anyway great news with the RNS and flying back to where we were now!