Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
end of day predictions? just topped up 50% of my holdings
i am a new investor , the reason i invested is because i figure once news that herd immunity is taking effect this sp will rise . i did some research herd immunity can kick in from 40% - 65% of the population being inoculated or 26-40 mill uk population , but maybe as high as 90% depending on the nature of the infection. if the former is true an the vaccination program continues at the current rate id say we are looking at may-june .
The Placing Warrants are exercisable at any time, for a period of 2 years, from the date of Admission at the following exercise prices: 50% at 1.2p; 25% at 1.35p and 25% at 1.5p.
any chance the sp gains any momentum for any reason the bod will dump more shares onto the market. what is the point in investing in a company that takes the one an only reason investors invest away from its investors. 150 mill shares are a hell of a lot of shares to plow through before the sp regains a neutral viscosity. potentially taking any positive benefits gained from positive news away from the investor. we already know long term investors are not treated very kindly by this bod. i personally want to see proof this as changed before i even consider giving the bod any more of my money.
we start to see momentum an angus does it again SLAMS THE BRAKES ON!! i was actually starting to think we might start to recover at least some lost ground but the very moment we start to see any glimpse of a spark ...... well !!
ho as the sp dropped again !!! .6p another all time low !!! the only thing angus mines are investors. people invest in good faith an angus devalues the sp so predictable. i said to expect the sp to drop to .5 before the pipeline as been laid but the sp is falling faster than i figured if it does not recover quickly i might have to revise that estimate to .4p. i also predict the revenue expected will disappoint if the bods history an there own expectations / predictions are true to form. i expect some here to criticise an ridicule me but i really couldnt care less. what i would like is the bod just once prove me wrong an get something right for a change. anyone who makes excuses for failure an never make management accountable for there failures do nobody any favours.
i came to the conclusion a while back that this company is run as a mining company as they claim but they are not mining what we think they are really mining!!! that in fact would be us the investors we pump the money in an the board suck it out splash enough around to seed the ground that keeps the gravy train running !!!
rastuss stale is an understatement dinosaur bones are less stale than i am . an with this bod nothing ever is as straight forward as we are led to believe i have no doubts there will be a unforeseen complication or a easily fixed glitch that could not be accounted for. followed by a delay an all the while the bod keep taking there wage packets an expenses. personally i think lord lucan is just a patsy we all know who really is pulling his strings. an as long as mr j.t is about this company as zero credibility.
constantly saying good time to top up and investors always trying to average down there losses only helps the bod to avoid any consequences for there cretinous decision making an there spin, an will only encourage them to constantly devalue the sp going forward. they need to be reminded investors are not cash cows to be constantly milked. there has to be a point of reckoning. 4 years i have been invested topped up an averaged down time an time again but the sp never recovers enough to tempt me to cut my significant losses. long term investors are sick of rainbows an pots of gold we demand results an for me saltfleetby is there last chance . expect by the time saltfleetby is producing there will be another
150-200mil shares in issue an the sp to fall to .5-.6p. then its make or break time for this company all or nothing.
why am not surprised yet another example of long term investors being used an then abused by devaluing the sp to fund a project that is over hyped over valued only to turn out to be a big pile of steaming mud !! yet another failure in a long list of failures an all the while the management a nice wage. i said 2 yrs ago angus was worth a gamble because they had so much potential but never in my wildest nightmares did i ever think they would get so many chances to get things right wrong. until they actually start producing something anything this company is worth exactly NOTHING. that includes saltfleetby in my view management can not be believed an have lost all trust until they start actually delivering. concentrate 100% on one project an start giving investors something back an stop looking for excuses to de value the sp. in fact the MD an the rest of the board should stop taking a wage until he starts earning it !!!
it all iv been invested since jan 2017 i remember people talking about the £1 party how this was going to be easy money (the good old days ) im still holding through the crash too ( after all a loss is only a loss when you sell) so i know all about high expectations the promises hype. an through this time iv learnt some simple facts angus as not delivered on a single play they have invested in . they have diluted an wasted millions on surveys that turn out to be useless side tracks that produce nothing build surface infrastructure that was never needed and screwed up on paperwork. old management lets be honest lied about the potential of there investments . now normally i would be the first to say new management give them a chance to prove themselves but thats hard when the old gaurd HIRED the new CEO an they are still around in the back ground. how can we not know LL is nothing but a puppet doing what he is told after all he has no previous in the oil an gas industry does he. so my tip day trade angus UNTIL they actually deliver on something because until they do i am not investing another penny i simply cant trust them not to **** it up.
i think once the loan is done the sp will rise to 1.5p rising to 2.5p leading up to saltfleetby coming online an IF it does produce as promised the sp could rise to 4.5 so i expect some recovery if it turns out to be another dud i just hope LL as another play like bolcombe ready.
what exactly saltfleetby was producing before wingas wanted to convert into gas storage site? i have done SOME research got up to 2005 15 million cubic feet per day plus 240 barrels of condensate. at todays rate 37k gas + 10.7k oil per day. can anyone find a more recent figures?
yeah but a newb when it comes to angus good luck anyway. my experience angus as the midus touch in reverse any gold it as contact with inevitably turns to something completely different. hey most holes as a bottom right though!! you never know. law of averages states angus will get something right at some point if they just keep plugging away long enough ?? unless of course angus is not an oil an gas company as much as it is a seller of dreams the pot of gold being around the next corner an when we finally get to the pot of gold ..... well as i said midus in reverse. no confidence in this company until it as at least one success. if your invested take your profits dont get greedy that is my advice. good luck
for those new investors I recommend they watch as many interviews from david lenigas regards Gatwick gusser . make your own judgement knowing what you know now how it all turned out. an then ask yourself could you really trust the same people in what they are pitching today. we all know who is really running angus back stage LL is just the latest poor sap on stage ,an until he goes this company is not to be trusted. some of us learnt that lesson the hard way. those of us who are still here we are not saying we don't want to trust this company we are saying we backed you an you let us down now prove you CAN be trusted an give us a result a win before we take another step. getting rid of tidswell completely would have been a token gesture a gesture LL either wont do or cant do. most of us suspect the latter.
steam turbine generator
your probably right. I was thinking small/medium steam generator and tapping the electricity straight into the grid rather than water heating systems.. I think the biggest issue to this would be as you say paper work regards health and safety and planning permission. but I still think its a good idea as a long term strategy sound environmentally friendly an economically sound over time ( after initial investment costs) as I say I don't know all the pitfalls im sure there are many.
I do like the idea that we of developing a source of revenue from a failed drill from geothermal energy. it makes sense considering the biggest expense would have already been spent in the initial drill. the biggest expense in developing geothermal energy/ power plant is in its start up costs and minimal costs to run. I also like the idea that anguses failures are not a dead loss adventures it would be a way to recoup some cash.
350k sells v 6 mill buys since the 12 th.…. fingers crossed momentum towards the positive continues.
is someone trying to have a big order filled ? sp big rise …. interesting if news comes in later today or tomorrow.
I first got into angus with dreams of paying off my mortgage then . when hit the dizzy highs of 30p I not only had dreams of paying off my mortgage but thoughts of a deposit on a second home. then came the fall so I kept topping up on the dips. if I had put the same money into my bank I would paid off my mortgage already now that same money wouldn't pay for a months rent most places. angus destroyer of dreams so many false promises day light robbery pure an simple.
minded