Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
He's obviously been ousted, surprised there is not more comment here , perhaps most are ambivalent about KB's demise.
The king is dead long live the King... a new dawn awaits. well it is coronation weekend, just getting into the spirit of things.
Clearly something has gone on behind the scenes, this isn't necessarily bad, I don't see much movement of the sp on this, whilst the market doesn't like uncertainty, we've just treading water now anyhow. Personally I'm dis-pleased by the way this has come about suddenly but am i sad to see KB go when we're at 2p after the concession has been granted.............this is not the greatest CEO, he has failed to deliver. I think this could be quite positive.
I've been in an out of here since blue swede Clive. What I'm most p@ssed about isn't the behaviour and consequences of swedish beaurocracy and culture that has been laid bare and exposed over the last dozen years, (though i'm mightly ****ed off about it), its KB utter failure to assimilate this knowledge and experience and to have an action plan,. This isn't a mining company its an exploration company and to not have an exit strategy on concession, to have not positively engaged lkab or other 3rd parties, with a sale or partnership or at least a promise of some fricking idea post concession is criminal. He's brought the company to its knees now, LKAB will wait for us to go bankrupt now and collude with the state to see the licences become theirs for free. Deliver somthing anything but stop promising jam tomorrow as for most of us this is tomorrow and its sh@t sandwich which you've made whilst keeping the smoked salmon for yourself.
Complacent, reactive management results when you're getting £100k's whilst bleeding others money, asleep at the wheel when concesssion granted its like he never beleived it would happen whilst promisisng the shareholder it was the big reward yet appears never preprared or planned for it. A sp of 20p a year ago but this genius does a cash call at 2.06p. Some might say he's He's a charlatan and mugged us all off or he's an just an imcompetnent fool, take your pick, either way he could sat in his penthouse talking to his financial adivsor about the most tax effecient way to keep your, I mean his money for his retirement. Well played.
You're just doom mongering now.
https://www.cnbc.com/video/2022/03/25/currie-we-are-only-in-the-beginning-stages-of-a-commodity-super-cycle.html
You do know what you’ve invested in, it’s a **** ton of ore worth billions in the ground, I’ve no doubt a venture capitalist would see the value particularly when people seem to want to give their shares away
After 9 years to actually get a decision, is a surprise to everyone, I'm sure Kurt has had discussions in the past but any interested parties have probably need to be revived form their slumber and reminded of the conversations. Seriously you can only have so much dialogue on what maybe situations. I'm sure there is frenetic activity now and maybe we'll get an MOU in time
Nah, money talks, the sami will reach an agreement so they can pourchase the latest snow mobiles, soemthing is better than nothing, greed will out and once the new local jobs become threatened by sami greed, public opnion will turn
I wasnt actually referring to you te ramping but since you ask . Now the quick buck brigade have gone which suppressed the sp post concession then it won’t take a lot of positive news for her to start moving up, any prediction is a guess until we know Kurts plan and just how far along the curve in that plan he is. Any news of jv or an investor will propel this quickly or indeed in times if Llab come circling. I would expect a lot to happen before the year out that will get us into the 30s at least but it’s a guess. Thin air is when someone states > 50p without any reasoning for that other than sentiment
I thought we maybe hit 30p and retrace to low 20's from there, didnt expect it to hit these levels but i think most of the selling is done now. Swedish investors seem more like fickle gamblers than investors to me. Doesnt help when yu get rampers (1 notable owl) making claims of >50p baaed on thin air.
Totally agree Suzy, I won't read the guardian. Its reached the point where if your not far left your considered a nazi. Debate left society a long time ago, idiots pulling down statues, They should remain as a reminder of the past, if not to be celebrated.
@Kallack, I'm not giving you investment advice, I'm giving you my opinion, sell/buy, youre call. Its a pivotal moment for the company, I see sunny uplands from here , maybe I"m wrong we'll soon seen Kurts plan.
Any fool comparing this with SXX "well meaning" advice should be ignored. There is a high dollar value associated with the granting of the concension which will take time to be realise its full potential but looking back in a few years at this price, investors will have a smile on their faces.