Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
£3.2m of the hoped for £7m to go towards working capital..... ie keep on paying their massively inflated wages for as long as possible. Joke!
Last try...
https://t.co/eSFCKw5hgA
Here you go,
https://tinyurl.com/bdzap87v
https://www.proactiveinvestors.com/companies/news/16434/xtract-energys-kyrgyz-jv-gets-approval-to-drill-exploration-well-16434.html
This could be of interest to certain posters on here……
I have been in HZM for over three years now and plan to still have a position during production. Like many I was disappointed with the terms of the finance package, being one for the II instead of the long standing PI’s. It used to have a very board BB with people like Wasarunner, Strummer Jones, Luke2 and many others posting regularly.
Great value around 6p in my opinion if you hold for the future. DYOR of course.
Looks like there are a few of us on here that we’re in BCN also. I was in around 21p and nearly trebled my money but like many thought Gangfeng on the cheap.
I guess my average in HZM over various accounts is 3.5,3.9 and 4.6. I haven’t sold any but will only sell small when we hopefully move up in time. I’m not going over my disappointment at the deal but it’s done and we move on. It would be good to see the board buy, especially as JM stated that was the intention for them to partake in the fundraise. Proof will be in the pudding but we are crying out for some news on the build to put us in the limelight once again. GLA.
So it looks like the sale terms for Pilot Mountain have reduced from £500k to £150k in total. That’s quite a drop but does include £50k upfront and rest in equity. Looks a bit desperate at first look but let’s see.