Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
In 3 months I could have dug out as many tons with a pick & shovel and moved it with a wheelbarrow !
linburn_962@hotmail.com NOT Linburn_962@hotmail.com
The Linburn Group Limited
3700000
Linburn_962@hotmail.com
Does anyone out there know if the stand-off with the banks still prevails ?
We have a reincarnated Fred Karno here - the one who popularized the pies-in-the-face gag and who developed a form of comedy without dialogue. Remind you of anyone in EDL ?
Thanks for your comment silverknight._ I'm sure that they will not go unscathed by the storm..
Do you know where their physical facilities are located for Millchem ?
Does anyone out there know if the recent cyclone that made landfall on Mozambique is likely to impact on the daily business of CMB ?
This share is still showing on the graph that it will pass through zero value within 6 weeks as predicted. What a tragedy when there is such a valuable asset at stake ! Looks like the incompetence of the BOD will eventually prevail.
My prediction of some months ago that the sp will reach the zero axis about March/April time looks on course.
My prediction of a few months ago that this will go to zero about March/April time may be overoptimistic !
Presumably with no mention of trading in the RNs that would imply to me that RS had nothing positive to offer rand hence I must conclude that this current management of EDL are unable to ever run a profitable meaningful business. This whole sorry sage has been mainly about maintaining the lifestyle and income of a few fairly inept individuals.
Are any chat contributors close enough to the Zimbabwe situation to know how it might be affecting their current trading ?
Would the last to leave please switch off the lights - that'll probably be RS !
Looks awful like my chart which I posted the basis of a few months ago and which predicts the sp reaching zero about March/April is on course !
49Let’s see how many are here who want an EGM. We tried this on google docs before and some twinkle deleted all the data. Adding my holding here - please also do the same by COPYING AND ADDING to this post NOT using another message or thread.
LG 6.5m
Potter25 3.6m
Stuiegee 2515897
JZD - 9.627M
Areyousure 4m
SG 2m
J4yo - 4103884
fifejim - 2,650,000
My simple analysis of 13/11/18 may have been a little optimistic. Looks like April is now the predicted zero crossover point unless RS can find a rabbit to pull out of his hat.
It is interesting that if you look at the share price over the past 21 months it has pretty well decreased in a straight line from 0.9p to 0.2p. If you extrapolate to where the share continues on the same path to 0.0p it is approximately 6 months. I guess that's the best estimate of the time that we have before this share goes belly up - unless something changes drastically for the better and that seems most unlikely on current form. Simple analysis but most concerning.
I take it from the share performance as coal contracts are being confirmed that the market believes the more coal this company processes the more money it loses ?
This company with Rufus is a disgrace. The "up to 4,000 tone statement" together with the raising of cash at such a massive discount is a scandal and without a very prompt and full explanation from the board should result in resignations.
Buys being put through as sales again ?