Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Escala…..in the words of Roy……”it’s good…..but it’s not quite right”
The phrase used was “committed” and not signed….and no one quite knows what “committed” actually means, it’s a bit like the use of the word “cumulative” when talking about output (yes, that old chestnut) but you get my drift…another example of company double speak…of there were signed orders, then say signed, not another word that doesn’t really mean anything…..
Nice try though….
Ogggs
The problem is that many folk have become emotionally attached to the share and are really hoping against hope that all will come good, hence their resistance to any form of reality check. if they want to take that approach, that's their call, but personally, I can't really see this doing anything other than sitting in a channel anywhere between 15 and 30 pence for the foreseeable future, simply because of the lack of evidence of there actually being a commercially viable product on offer (or, at least, one that someone wants to buy). I'm averaged out at about 23 pence and at present it owes me about £10K, so I'm personally looking for a meaningful rise to sell into, in order to effect an exit, but quite happy to play a long game, even if that means "getting all Garonne" occasionally, as is my perogative....
Ade
The company most certainly will announce significant sales in 2024. The only problem is that it nigh on a racing certainty that the sales will be into JV arrangement on terms that are less than clear, and will add nothing to the bottom line. Never mind, the Ubers will no doubt lap it all up, saying it’s almost lift off time….like they did with ABB, etc…
Looks like McStock is really desperate to not answer the question….never mind, just carry on posting more inane twaddle which has virtually no bearing on the reality of the situation.
Mate, people think you’re a complete joke. By not answering a simple question, you’re kind of really proving them absolutely right..
Mc Stock
Same scrote tactics as ever, pumper pump all the way, but when challenged to actually deliver an answer to a simple question, off you go on a tangent, hoping that the uncomfortable question will disappear…well, it won’t.. answer, yes or no, when the wiring issue is fixed, will. AFC be able to recognise any more of the £2.0 m contract, simple yes or no, it’s not that difficult…..answer or accept that your credibility is absolutely shot….
I rest my case.....someone quoted earlier
"Adam did say that every tower that has gone out on trial has been paid for at a premium to what a diesel gen set would cost."
What wasn't mentioned, though, was that very little actual consideration was paid for the use of the amazing towers of power, because they were actually "paid for in kind" in the form of "Marketing services" ......how can they have been "paid for at a premium" of the company actually received very little real for the use of the units, so yet again, we have a cherry picked element of the true situation......
Pomm
Adam doesn't lie, and that's a fact. What does happen, though, is that everything that comes out of the company is so veiled in ambiguity that it can be interpreted in so many different ways. No evidence is ever released which gives either the acolytes or the naysayers the opportunity to prove that their side of the argument is right, and by definition, the other side wrong. This approach can be viewed in one of two ways, either it's a very clever strategy adopted in the light of unforseen delays, basically keeping the balls in the air until such time as the wrinkles are ironed out, designed to buy the company time before the market becomes disenfranchised, or its a deliberate and cynical strategy designed to mask the fact that the company is nothing more than a lifestyle vehicle for the directors.
I'm keeping my own counsel on this, and not calling it one way or the other, I'm simply posing the question, where is the actual evidence to support the rhetoric which the ubers so avidly lap up.
Ten
Ahh…bless…you just keep believing, and I’m sure it will all come good for you in the end….my view is that you’ll probably get more joy out of a Christmas cracker, but that’s just my view, you don’t have to acknowledge or agree with me,…..
mcstock
aren’t these sell side analysts meant to be a bit analytical? on the basis that the company can’t issue anything without it being veiled in ambiguity, how well do you think they will do in a q&a session? did you honestly think that their performance was even remotely believable on the investor thing, where they were using rehe****d answers to cherry picked questions….anyway, who are these mythical ii;s you keep referring to? aren’t most of them simply holding entities for individuals acting on an execution only basis?
Daz
Why would they? What would the new bod do all day? Les has already secured the amazing £26 order book (hahaha!) and that’s before you even factor in the millions they’re going to get from ABB….you know, they’re the ones who are meant to be buying the 200kw unit that would appear to have not met any milestone performance targets for over a year….even better, as Les has done this all on his own, why not give him Robin’s salary as well…..
Ten
Touched a nerve?
Read the RNS…..another exercise in ambiguity. It doesn’t say in what quantity….
If my research is that poor, how come no one in the Uber camp ever comes up with a credible counterpoint….ok, you tried, but have failed miserably…..saying “I’ve seen some pictures on the company website” or whatever isn’t really valid comment…..how about you say something like “I hear what you say, but actually, in independent tests, X kg of ammonia was put in, and you of H2 came out, it cost Y kw to do it…..” call me lazy if you like, but only after you’ve done the proper research needed to de bunk my assertions…do my questions have a bias? No, I say it simply as I see it and invite valid counterpoint…
mcstock
i'm sure that the company will reiterate all you say.....so that's fine, just because les says it's jam tomorrow again, we can believe him?
ask yourself the following
1. the company is undervalued....by whom? obviously not the market, because the share is going down faster than a **** in an apple bobbing contest.
2. why have the forecasts not included anyting for the 200kw unit? the abb thing was such a big deal, and all of the apologists were touting the great relationship with abb as the excuse for the share giveaway. might the non inclusion of the 200kw units in the sales projections have something to do with the fact that the deal has gone cold, and performance milestones not been met?
3. is the ammonia cracker actually a thing yet, or simply a proof of concept? you simply don't know, and the caveat on any perceived value needs to be "if it works"
4. your last statement is a clear incitement for pi's to buy in....that, in anyone's book is a ramp...shame on you.....