Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Probably pay the liquidators fees - sorry bad joke sort of
I may be being stupid but why would you pay $150m for licenses when you could just buy out the company a lot cheaper considering market cap ?
Sad to hear indeed Jack, i did the same and bailed as soon as i saw the RNS i only got 0.6, my assumption was i would get nothing it was a binary play all or nothing, and i knew that, so lucky to walk away with 25% . Not sitting here with just cerp assets been there before - if this goes bust and someone picks up Cerps SW peninsular i might have a go on them again knowing that is also essentially a binary play. I will read the boards today just for a lessons learned exercise but then shut this down and move on. The old two wolves story - one bad/misserable wolf and one good/happy wolf which one wins - the one you feed the most - dont linger on this too long and good luck in the future
7 years been in this crap. seen it all rampers I mean proper rampers like onceatrader In the leni gas and oil days. derampers proper derampers like grannysnuff who I enticed into getting band from lse chat on a late night drinking. I've kept my skin In the game small little top ups to pay for the dilutions. topsliced once in the lgo days to buy a car but still defo down. all in all I reckon this share owes me 5k. at its height on the 6p Gourdon days was 12k up my brother 50k up. all that disappeared seen England rugby teams lose money seen ceo's promise the world seen drilling results at unrestricted 6000 bullshot barrels a day. I'm sticking with my shares its more than money now its a 7 year journey I dont care if I lose the 5k I have here i have to see it through I want to walk away evens and wiser. I am defo wiser and what I have learned follow the herd long term holding im aim shates is crazy. make 10% a month a week is way more than one multi bagger out of 5 basic maths. the onceatraders and grannysnuffs of this world knew this 15 years before I did. gla
Didnt he move his holding to his wife's pension fund ? or did i dream that RNS. i just think he merged as only option for Cerp. to get funding for the next phases. He probably did the deal with the idea of cashing in straight away on any big gain and if he is no longer a a non exec and there wont have to be an RNS about it when he sells makes sense.
their little outfit has been going years and years it seems like granny Irene onceeatrader etc etc are they all the same little outfit playing the same games. I expect they have done well tbh good luck to them trading away but in direct conflict with lth views which is where the friction comes into it. if your lth and want hold for a long term you don't need to bother with it. if a trader then probably follow them I dont know i suspect they have made a packet otherwise why bother eh
Those announcements just now by the government are absolutely huge make no mistake - probably just saved the economy with that HUGE
I can see both points of view tbh. Biutcall me crazy I chose to top up I may live to regret it but it's a calculated gamble
probably paying for your employment too. now end of discussion
for his employment. end of discussion yawn yawn
LLL if you took half your salary in shares you wouldnt consider that buying shares. Come on
Schroders cannot know inside info ! they are not LTH or strategic partners their job is to make investors money as quickly as possible. if they are not making it in a particular investment as quick as they thought then they will move on and adjust the portfolio they must show the investors that they react even if they pull a loss. simple as that they are not emotional they are a machine to make money. I dont read too much into their selling other than they expected more growth quicker and they are destroying the sp on their way out as they had a large stake. As someone said before was prob too early for large institutional investors those days will come imo once we prove what we have.
aha tag team back or just a shift change? will lex be joining too ? you guys eh
My favourite lines are " I am excited that we have encountered multiple sand packages and multiple oil shows to TD, as we had hoped, including in the Lower Cruse which was our primary target. I believe this confirms the potential of the South West Peninsula". If Leo is saying he believes this confirms the potential then this is massive to me - Leo's expectations for the SWP were huge and the whole reason he took the job. Game changing imo.
Ok thanks John. I am not messing with your analysis, I know better than to do that
Thanks John. Not reporting because a tight well is that a possibility ?
You can do better than that LLL surely ??!!
Its a fair point LLL but not sure if its that material so not my main take from this RNS. Each to their own "main takes" lol
Enough to say its not duster thou, don't you think ?
Had a cheeky top up, this time next year Rodney