Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Scotty 277, you are probably right in thinking nick is in a lethargic rut I am banking on the new investor asking searching questions if he does not perform We are also due some news from our man in Hong Kongsoon I would hope As the song says things can only get better
looking at the results I cant help feeling that things have been deliberately understated the results are of course historic and if nick had shown excellent progress before the new investors came on board then it would become difficult to impress them with progress this half year and beyond . The next 6 months will be interesting Nick has got to perform or get the inevitable kicking
Dare we expect the quarterly next week ??
The longer they hold off an appointment the more it suggests they are keeping the seat warm for a board member of a target company methinks ??
Aim companies can pull some strokes but i dont think they would get away with taking 1000 shares from you at. .0215p and giving back1 share at .035p. I read it that we are getting a premium of c62% on last sp . anyone agree ??
First leg up in plmo ,now need piri and prs to follow suit prs will get back £132500 from plmo rto prs has 20 +% of piri plus 49m shares in ppg plus much more Piri is looking for rto dyor but i hope the p,s will have it .
Nice little return albeit a loss on original investment of £132,500 coming from rto of plmo and ppg off again . must be duck flying season
Anybody heard anything about a bloke called Christopher Neo who is 3 months into the job of making the earth move for us in Hong Kong ?? Hope he is getting paid on results and not on abasic too high salary /
going for the double today both ppg and otc on the up.
Not to be outdone . moving up nicely again today ,49,000,000 @ 2.3p =£1,127,000 compared to prs M/c of £1,370,000
bought , 1,735,000 ,sharesin Oyster for £500,000 @ .5 $ Cadian [or30.9p] each] out of existing funds Raised £500 ,000 in July . My simple maths tell me that they have assets of £1M plus an aim listing and presumably useable tax losses
Directors have 120M options @.o45p valid to Dec 2018 / They presumably thought at time of grant it was reasonable price . They would want the sp to be at least double at .09p or above to be worth their time. Nick Lee invested £150K of prs money for 375M shares in plmo @ .04p he must be unhappy with sp at these levels and to say the least a little red faced . Maybe though as a director of both companies he knows a bit more than we do ??? plmo has no debt and assets and cash around £ 1 M better placed than many aim companies
Moved up nicely today [8.7%] we hold 8,400 000 shares
Should hear some news from them this month as they stated end Sept was expected end date for their preparations for relist . admission to Aim could follow in October Prs has £325 k invested currently
Come on Christopher.Neo Appointed 1st June to advise,and move things along 3 months gone on your salary and we aint herd nuffink yet. What are we paying you for ? Getting no news and feedback from Nick is the norm, We hope we have not employed Nick wersion 2
If it is coming back to market then it should have cash/assets between £2 -2.5 M. Prs held 8 % of the company prior to suspension Will give nice little boost to finances if cashed . 5 5
On the move again after latest rns .
EGM called maybe the induced coma is about to end ?
I think we are moving gone from 0211-0214-0218 -0224-2225 -0227 Every little helps as the little old lady said when she p@ssed in the Humber
Looks like the last few are runnng out . buy now while below .0225p because when their gone its anybody,s guess where the sp will be heading .