Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Response from Shareregistrars - We can't see your name on the shareholders list. If you hold shares through a broker, you need to ask them to vote on your behalf.
Hi All, I was looking to vote next week and note I haven't received papers. I've had this issue previously with SCIR, and my broker advised it was because the BOD designated it a 'shareholders meeting' rather than an AGM or EGM.
No problem, the circular says you can vote online via shareregistrars. Except you need an account setup, and you can't do that online yourself - you have to contact them to request an account be set up.
Are the BOD making this deliberately hard, especially with the publication over Christmas?
Here's hoping...
https://x.com/CorePath/status/1740770949375381622?s=20
Indeed. But the BOD bought Greenan after expensive due diligence, so either that DD was rubbish, or it's a lie. You could sell EAG, and still have the £1.5m loan on the books.
Greenan is EBITDA positive. TR stated that profits would be kept in EAG for reinvestment. So, according to the model, EAG should be self-funding.
I think the £9-10m refers to having the Bio Fertiliser add-on, which costs £2.5m to build. But having stated this to be a profitable solution, that the investments are suitable for bank loans, and received $2.5m from Ruvuma, why hasn't this investment been made if the ROI is so good? It just doesn't add up.
Not helpful.
There's another angle to this, not just cash outlay. The swapping of shares ties the interest of the two companies together. Conduit has 20plus million shares in Ciz. That's potentially worth quite a lot.
Https://www.malcysblog.com/2023/12/oil-price-kistos-reabold-chariot-and-finally/
'Dragged out the drilling campaign'? You are aware PRD has drilled 4 wells aren't you?
Lots. All speculation.
Ibiza - Don't forget Touchstone has 16% of CM.
Oscar - You mean Algeria?
Still there according to satellite pics on discord.
Negatives - it's not a free carry on the well, it's a loan. The $850m is a carry to production, not cash.
Good RNS for Chariot. Some costs back now, carried for next well, more money on FID, partner has option to increase stake for a further carry to production ($850m).
What is a cheap, effective , fast, early detection for lung cancer (and others) worth globally? Billions, surely. Add potential for treatment (companion drugs) as well? £1 a share is only £364m. With Alan's track record, he's got to be gunning for a billion, even if it is dollars.
PG might be a geologist / geoscientist, but Lonny and Moyra have drilled lots of wells in Morocco. If they think these are commercial, then we have to trust them.
The same could be said for a lot of smaller companies at the moment.
My view has always been that simply wall st is someone's IT project for high school. It just takes numbers from the accounts without context