Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Nowhere near the bottom P100.
P100---- regretfully, you described situation perfectly. The company is in shambles.No initiatives being taken and shareholder value destroyed. Reliance on cash balance is shortsighted. It will dwindle to insignificance. DHSC dispute ruling might prove to be the nail in the coffin.
Always said the demise of NCYT is on the wall. BOD have their nest feathered with the self voted pay rises. Will milk this company until its bone dry before conveniently moving on to the next victim company. Soulless people. Could not care two hoots about shareholders or SP. Always predicted a 50p share price at best but with a DHSC negative ruling a distinct possibility the cash at bank will be wiped out. Next SP target 10p over the next 12 months.
Totally agree with you ValJu. However it will not happen. The BOD are not decent people. Total disregard towards shareholders. Writing on the wall. Nova is a total failure and will go down the drain . Company being milked dry both past and present Directors. Shameful but shareholders toothless and impotent.
Stop dreaming folks. This rudderless company with no plan and no vision will slowly but surely drift into oblivion. Writing on the wall. Other more dynamic and resourceful companies will leapfrog over Nova. Hopeful investors relying on the cash in bank will see this dwindle down. Who in his right senses would be interested in investing in a company with a major dispute with DHSC and unable to effectively sell their products. Only one way for the SP and its steadily southbound.
I come here sporadically ValJu. Still follow the company. you can say checking myself on whether i made right decision. Seems i did.
I have ValJu. See my previous posts and you will know when i abandoned ship.
Dr Nielsen " Don't catch a falling knife " and make sure it does not fall on you as well. With this BOD the company is going nowhere.Its just vague talk and no vision whatsoever. So many other opportunities out there which have no strings attached. In my view, basing you decision solely on the outcome of the DHSC dispute with respect does not make sense . Buy the time the outcome is known the Bank balance would have dwindled. I had anticipated a 50p SP . I think now i was being too generous. A change of name to TITANIC would seem more appropriate.
PI100 ... the only thing the BOD can be very creative is their own salary coming out of the common pot. They could not care two hoots about shareholder value. When there is nothing left in the pot they will simply resign and move on and leave shareholders holding the baby. Regretfully seen it all before.
Never insulted you Mostin. Try to make a new year's resolution to be more civil and respect other people's opinion. All the best Mostin and take good care.
PI100 Your Christmas Greetings and Well Wishes are warmly reciprocated.
Up to some time ago i have been optimistic on the prospects and fortunes of the company. However my enthusiasm has been severely dented and the market is giving a strong thumbs down on the immediate prospects. This is not share manipulation but rather a huge loss of confidence in the BOD ability to obtain the desired results. The possibility of another delay is real which would kill the price. Useless talking about the "science" when the SP is tanking big time daily.Its time for me to cut my losses and abandon ship. Can easily go down to the lower 20's. Good luck to all who can wait and hope. Im off to buy a more solid buy in the defense/aerospace sector.
Capt Swag...... they will find a way of getting anything past shareholders if its to their benefit.
WBAFC... spot on. Den of thieves and unscrupulous manipulators. Graham Mullis should be investigated for malpractice and misleading info. Mid cap company my foot. Its back to a penny share. Stand by my view of 10p. Possibility of DHSC will go against the company is real in spite of Mullis's assertion that we "have a strong case". Just talk to pep up SP at the time. All clear now but its too late.Shareholders relying on the cash at bank are making a mistake. That cash will evaporate with a DHSC ruling or burn out of cash. Present BOD rudderless and sales team inefficient.
Sinking and sinking fast now. Was rudderless company and no one in his right mind will take over now. Miracles just do not happen. As it hits 50p another rush of deserters with eventual lower target price of 10p. The cash will disappear either via DHSC claim or a burn out of cash under the guise of research costs. This company has proved to be one big con. I feel sorry for duped investors who fell for the paid rampers.
PI100.... the writing has been on the wall for quite some time now. Absolutely rudderless company. No vision. Weak sales force.BOD which will at one time find a way of "using" cash balance. Already showed us that they have no scruples of giving themselves a hefty salary rise+ perks without any justification whatsoever. Shareholders completely ignored . DHSC dispute far from being settled and also risk of a decision in governments favour. SP only go southwards. An orchestrated bit of " positive " news every now and then for gullible shareholders who think that there would be a turnaround in fortunes only to be thoroughly disappointed.
Well said WBAFC. CEO's actions amateurish and childish as well as insulting to shareholders. He is on a gravy train and milking the company's cash.
PI100-- the company has long lost both direction and credibility. Inevitably lower SP on the cards. No reason to buy the shares . If allowed would rather take a short position.
Essentially following the RNS the bottom line means that the timetable has been put back considerably. The market senses this and is reflected in the SP drop. Being an LTH i will hold but i do not expect any fireworks happening any time soon.
Acknowledging a problem exists is the first step to a solution. Denying its existence means one is living in denial.