Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Been watching on the sidelines since and yeah a lot to be desired. I lost my faith in this BOD a while ago and have seen nothing to suggest it's worth a second dip in. What happened to Bly?? What can we really expect from Hanetti? Sorry but in terms of catalysts I see nothing in the near term but good luck to all LTR holders who are still holding...good luck..I have a feeling you're going to need some here.
Ok I got out of this a week or so ago as struggling to see how they progress given the dismal performance of the BOD. I do pop in to read from time to time though as will keep this on my watch list but nothing annoys me more than people posting nonsense like Happy Investors last post about a Chinese buyout. Whoever you are whilst you are entitled to an opinion posting crap comments like that is not cool and is just going to annoy current share holders which I assume you are one. try and sticks to facts man or if you need to speculate on whats going on behind the scene try and keep your speculation in the realms of truth as opposed to posting a work of pure fiction. You should know better! As for your name...based on the shares you comment on perhaps you ought to change your name to unhappy investor as your selection (which I have to assume you have holdings in) don't look designed to provide much in the way of staggering returns...though may provide you with some staggering losses.
This will clearly multibag when things get going. I watched the presentation last night and I'm in love a good undervalued lithium play. Multi=bagged on Bacanora Lithium Americas, and Standard Lithium as well and I'm holding them for the long term. This little baby helps complete my lithium plays. Ticks all the right boxes for me and assuming all goes to plan should prove to be a diamond of an investment. Over the course of the next two decades I see lithium becoming the new oil! Good Luck all.
Looks terrible, putting my money to work elsewhere too risky here now.
Actually looking at his comments and the fact he joined here in May 2020 and has hardly posted anywhere but here it's feasible it could be Roy due to the defensive nature (not in a bad way) when discussing issues here on this board. If so....well get your finger out your bum and sort out the sales situation and some good PR. If you product is as good as touted where is the promotion to inform the world? So yeah hiring some commission only sales crew to sell these for you is a bit of a joke. If you want to get good sales pay the $$$ it costs for good salesmen, given them a credit card and let them entertain some prospective clients and win some large deals. Oil the wheels of industry man!!! I get it's a new product...but where is the advertising and promotional strategy here...that's my background...where do these guys advertise??? Promote themselves? Let's wait and see what happens but the board need to be getting on this board via an RNS or ROYROY and giving us some real news and clarity. So if it is you Roy PM me and I'll give you some help on the promotional front...I'll bloody get you some sales.
Hi Sophie, I'd wait a bit longer than a month unless you are already in profit...I do think if they get their act together this could become very good....can anyone here actually vouch for the product itself?? I'm staying in but until there is some news of note or progress of note I wont be topping up. I'm not really one for charts but I can imagine this bouncing off 6. Let's hope they can turn this ship around. Stay strong though as risk reward ratio (if they get their **** together" will be worth it.
You are correct....it's Italy....not sure why I was thinking Germany. I'm frustrated as I'd like to top up at these levels but with no real clarity at the moment as to how sales and progress really is it makes it impossible for me to justify reinvesting in this stock. I'm still annoyed about the loan terms from Gavin....it just seems wrong to do that.
I have stuck to facts and I'm not trying to be negative I'm just saying that I'm not exactly over the moon that our main source of revenue appears to be coming from the likes of Libya and ****stan...hardly the most stable of revenue streams but you are right a sale is a sale and who knows perhaps they are focusing on Europe the UK and North America as opposed to ****stan, Libya and Thailand but yeah I'll wit for the board to tell us where they are focused. I'm remaining hopeful but cannot deny my frustration.
****stan and Libya.....they might want to try focusing on more developed and less strife ridden countries. What are these guys doing??
I have to say I'm not impressed with this board so far and I'm unsure how trustworthy or shareholder aligned they are. I'm down around 30% on this share one of my 4 out of 52 stocks which are red. I'm invested here because the tech looks incredible and if the board can get their act together this should re-rate handsomely but a few concerns and points of consternation here for me which are as follows.
1) Not happy with the loan terms they accepted from Gavin Mayhew where the BOD took a loan of $600k from him with an agreement to pay him interest at 20% compounded quarterly.....they have now paid off that $600k but with a further $200k added in interest and that's from a member of their own team who has basically made $200k from this poor deal....he has done okay out of it but he hardly seems aligned to the shareholders or the company when asking for 20% interest on a loan..compounded quarterly of course.
2) The fact they are paying sales people on a commission only basis...never a good sign as good sales people don't take on jobs which are commission only...good sakes people command a basic salary which makes me feel this company are trying to do things on the cheap and this lack of insight they have in terms of building an effective sales team is a concern and frankly the results to date are what you can expect from a commission only sales team. Perhaps the $200k Gavin made from kindly loaning his own company some money could have been used to provide a decent salary to 7 or 8 full time sales people???
3) Just the sheer lack of updated and transparency coupled with the fact there seems to be no real central body...the board are scattered globally the factory is in Germany and the office is in London. Just seems like a bit of a mess.
So until there is a meaningful uptick in sales and more transparency and frankly common sense from the board I wont be adding anymore as I have no idea how low this could seep. The only shining light I can see here is the inside ownership.
So let's wait and see but yeah they may have an impressive product but far from impressive in terms of taking it to market and generating sales and partnerships. It's the start of a green revolutions and these guys are fumbling and stumbling. The board need to step up and covey an improved business plan with a clear route to market. This product should be flying off the shelves...main question has to be why is it not.
I'm a realist and I'm hopeful that this will come good and rerate...I'm just expressing my thoughts on the board and lack of progress to date and this is clearly reflected in the share price. The simple fact is this....the market does not like what they are doing and neither do I. Board get your fingers out and get your brains in gear and if you can't do that sack some people and bring in some who can get things moving.
Smart money coming back in now...I was not happy to see such selling early on but held and topped up after selling. This should now see a strong rise especially after 2.30pm. Good luck all...this is golden...know what you own.
I'm not convinced we will see an awful lot of action in Q1 as we see to be lacking news flow. If the tech is as good as they say the board need to be aggressively promoting it as these panels have multiple uses but yeah not seeing the news flow to suggest they are being massively proactive about promoting the product. So we need to see deals being made, PR pieces being written up...coverage. Maybe then we can see some real price appreciation but until they get supply deals in with large companies I can't see an awful lot happening. That said Rome was not built in a day and I'm invested here due to future potential as opposed to present expectations but I do fee the board have a lot to prove so let's see what this year brings in terms of progress but more communication from the board would not go amiss.
I suspect some will but I personally don't deploy them myself seen enough damage done with black swan events and MM shakeouts and manipulation to go down that route. No I for one when I invest invest on long time frames of 5 year plus so for AFC i'm more concerned how the SP is in a decade or so....and I'm invested as I feel they will grow and hopefully one day pay a dividend. Just my thoughts, everyone has their own approaches but as the great Warrant Buffet said if you buy a stock and don't intend to hold it for at least 10 years you have no business owning it. i'm an investor not a trader and I agree with Warren here...of course there may be the occasional need to sell or get out when something goes wrong but if you do your research and know what you own you should be able to minimize risk. AFC look solid to me as a great future investment hence why I'm in here. The ABB partnership sends a clear signal as to where this company are going. Good Luck.
My advice is not to set a stop loss....if you believe in the company you will feel it will grow in the long term and nothing to suggest otherwise here. So....just let it run as markets rise and fall and you don't wanna get shaken out on a stop loss. Just sit tight...if you are uncomfortable with the amount you are holding sell some and diversify....argo blockchain looks like a good place to put some cash at the moment...risky but rewards are off the scales should bitcoin continue it's rise.
The J V will happen have no doubt about it...whether it happens before xmas remains to be seen but I suspect it will...these things take time.
Fair play but I just feel a consolidation has to take place sooner rather than later. I will sit back and wait it out, see how the sentiment and news flow looks over the next few months. Of course it might be worth jumping in pre consolidation but it could also be worth holding back as well. Sometimes doing nothing is the best course of action and I feel at this point I should follow my instinct and wait and see how they progress.
Ok so correct me if I am wrong but this here company has 1.8 billion shares in circulation should be called VAST float not VAST Resources. So in my mind there is no doubt there will soon need to be a reverse split....like a 100/1 reverse split to bring it down to 180 million shares which is still a fair amount. Often but not always there is a decline in the SP after such splits so as a potential investor in this share I think I may wait it out for the inevitable. Sure I could buy a few million shares now for like £5k but would it not make more sense to wait for a RS before committing here? I welcome your thoughts.
Yes a real twattish comment there Filament...you are right this is not Facebook so keep your toxicity out of here. Christ she was only trying to lighten the mood given the recent drop back in SP. As for me I've just this last week jumped in and topped up again today. I have every faith this company will be an excellent long term investment so don't worry about day to day movements
Just as forewarned a nice 6-7% climb since I posted this around 90 mins ago..you don't want to miss this boat!
Thanks Roker I'll check it out and Phoenix that for god sakes comment was in response to Evan not you. Thanks