Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
my initial reaction was "oh ****" but loads in there so will reserve judgement util fully digested/investigated-"new licenses" and "to fund a potential off-market buyback of ordinary shares from a significant overseas shareholder" jump out initially, or remainder/last of the swedes ?
Not a lot,a limited life mine with low and decreasing grades so the processing might be worth as much as the hole in the ground unless someone close were to have ore ?
@Deadgrateful "the word on the street2,is that Short St. DO1?
I don't believe for one minute that this is the first you have heard of the story. If it genuinely is I apologise. The article you copied is about the 3rd week of their saga and they have been busy selling for well over a month hence the sp today. It has been discussed to death on many forums As I said earlier their reasoning is illogical but who cares ? They are nearly gone into the woke chasm that is a left wing union's conflicted ethical file
Yes Simon , for some weird reason the union element within the fund has decided that after years of being invested and on the cusp of a major drilling campaign that they should not be invested due to the two following reasons
1.The DRC is a non desirable country to invest in due to it's links to child labour history, and Arc have a gold mine in the DRC
a .Arc no longer have that potential mine and have never employed miners or even minors in that country
b. The fund is invested in other countries that already operate in the DRC.
2. Arc is registered in the BVIs
a) Many companies that the fund are invested in are listed off shore around the world
b) The parent company of the fund is owned by many companies that invest and operate in offshore companies.
The logic is unsound so either lefties doing what they do, and a fund manager running scared or something a bit deeper
Whatever the real reason is ,thanks for the price.
Strange how the trolls think they get a say in how other people spend their money !
As I have previously said I occasionally catch up on their guff over a pint in the evening and one suggested that Piggy was owed an apology with the sp hitting 2p,I am more than happy to say he was right had he admitted to the more than a dozen times he was wrong-"Even a blind pig finds the odd acorn".
Looking at the amount of green today it seems they don't like a few positive posts. It almost looks like co-ordinated panicking,.....! Whatever, I will continue to accumulate here and hope the price stays for a while longer as when the drill schedules are announced the Swedes will be long gone, and in the meantime "Tack darer" (Thanks fools),this opportunity couldn't have happened without you !
"Spot, Feeks etc, why don't you keep of the board for a while? when it all goes pear shaped you can come back and tell everybody you told us so, i for one would be quite happy for you and your colleagues to do that, in the mean time the current holders and posters can post decent comments and discuss Ortac rather than keep having to post irrelevant messages."
"I dont know why people fall out on here after all we all want the same thing, to make money.
There are some really well informed people and I appreciate all the research some do on here, I dont believe these boards make any difference to the price whatsoever although some with big egos like to think they do..its all a gamble you pays your money and you takes your chance"
"I dont mind any of your posts China actually i dont mind anybody's posts, what i find a little silly is why people make statements of what is going to happen to the share price without any evidence to support it." Classic hypocrite !
Saw a lot of green and S40 enjoying himself so had a look, usual old desperate guff but some real pearls.
"The signed deal with AA looks great but like there historical data they won't deliver anything on the back of it".
Fresh from the clown car, a grammatically challenged troll decides to inform a multi-national miner that they don't know what they are doing. Staggeringly stupid comments abound.
The trolls are now in victim mode (how modern perhaps they'll be claiming Trollaphobia next) so a quick reminder with a few dates of just some of their origins and some classic posts.
Oyster card--"They were in discussions with "Anglo Exploration Zambia Ltd" a subsidiary of AA. Not AA. I would question whether Anglo American conducted a technical review or the sub did so. Either way it looks like the deal may have failed". Insight indeed !
And this was months after the gist of the deal had already been agreed
and then this was the start of his campaign. Coincidence ?
"Does anyone know what the potential liability to the company is?
J Robbins Capital Partners Limited v. Zamsort Limited and others, case number CL-2021-000084 in the High Court of Justice of England and Wales".
And how did that turn out Eh ?
Next ? TNR
"Having sold my considerable holding in MHC and losing fortunes after my own personal experience I am compelled to put this post up whether you like it or not".-He sold and missed the huge rise shortly afterwards ! Sound familiar ? And then on to slating ARCM from March 2023 (it seems a hell of a lot longer)
Another (not a supermarket chain said) "I bought back in yesterday (March 21) afternoon (6.45), for around 20k I was too emotional yesterday morning and panicked. I’ve used the remaining 7.7k for another mining share I believe has legs JAN." Slating NvS by June 21
July 21 "No I can’t sell yet, it would be too much of a loss for me to take"
A classic "Don’t tell me you didn’t know old KevB was related to NVS"🤣🤣🤣
"Someone ask fulmar how his Janganda mines shares are going" some might say better than yours as I still have mine.
And then, who can forget our four legged comedian's tirade to Lantier
"Once you have come to understand the difference between a pension fund and a union you might then apply this enlarged intellectual capacity to " "Thanks for demonstrating your own cluelessness"😂😂😂 Comedy Donkey golden irony !
Seis could well be right, it could be co-ordinated between some or all whilst accusing everyone else of multi-IDs , but who really cares, some have lost money. some have lost the plot but all have lost the argument and what's really lovely is they all know it !
All aboard the clown car Honk! Honk!