Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Git having done this for a Verrrrry long time where I just wanted a 20% success rate to make reasonable profits and having close to a 60% success rate that argument just doesn't follow. We are on a cusp. We are either going to fold or make it . IF mm doesn't turn the screw we can survive if he's just another carpetbagger we are screwed
please don't shout and the offer of an \iphone 9 was subjective
Those are just the pan diseases the usual suspects of STD's, viral hepatitis, HIV and gastrointestinal diseases. Add on disease resistance to antibiotics and the countryside continuing to put night soil on crops , and its a huge countryside, one wonders why they aren't brought to the table more abought the practises that threaten and kills large numbers over decades on sovereign soil in the rest of the world
Lets see
Asian Flu,Hong Kong Flu, Bird Flu, MARS SARS, C !(, Regional Atmospheric Pollution, Pollution of their own water supply such that the scientists responsible for purity wouldn't drink it for 20 years, continuing to build coal fire generators, ignoring global warming. China is responsible for more deaths world wide than any 20th century war to the present day. It's not about culture , its about cash
The USA also has Trump , so they have even bigger issues with him messing up their organisation of a response. Looking at him reading and stumbling over his briefing notes this morning . It was obvious he hadn't even scanned them. Seems too vain to wear glasses , probably could get a Fresnel lens to read his notes with. I reckon his asides, repetitions and off theme rants are a result of poor vision and frustration with keeping his place
https://www.twobirds.com/en/news/articles/2020/spain/covid19-guidance-for-employers-in-spain
Unbelievable in these troubled times that the usual suspects are playing the fiddle while Rome burns. The Spanish came as C19 was perceived as just a bad cold that really only decimated the elderly. Comments on this board do SFA in terms of the SP the depressed SP can be tracked to constant dilution and loans. It was pretty apparent that the transport system and distribution process was going to fall through the floor and the sales drop. Now on top of that the actual production tonnage doesn't meet expectations, which is more of a worry. Can't have it both ways pour in at bargain basement price.. Prospective future SP valuations here range from 1p-5p . If anyone believes that then a prospective SP of 0.005p almost demands a takeover or going private Buy the company for between 1% to 5% of its actual / prospective mid term value on the cusp of the current disaster. . If you're in the position already own a swathe of shares , why the hell wouldn't you. Two organisations are in that position Blackrock and MM. That isn't driving the price down that's a simple statement of the position current position. Add to that although immoral its all completely legal. Meanwhile the usual suspects don't seem yo have employed any logic whilst calling others names they complain about name calling. The current situation isn't completely down to MM , he has however manipulated the company news in the past , ask the Spanish investors whether they had the full production tonnage stats or just historic and projected. Probably the truth could be hidden behind insider trading rules, couldn't reveal because it would affect SP. Bottom line this is down to C19 initial drop (re common sense ), now the lack of production and carefully worded rns. If we the company survive IF WE SURVIVE!!! then a lot of money to be made , but does anyone think this is really the bottom. FFS we'll be alright we have a GLOD MINE- still 10 years from production and requiring another shedload of cash to develop it. That's why MM wanted to shed it. he's an excellent snake oil salesman.. There is only a short window to screw us all so live in hope.
Meanwhile hope everyone stays well and those with family members infected recover fully.
then again C19 is not of his making but provides wonderful reasons
The next stage options
1 Survival, wouldn't that be marvellous!
2. the SP is driven down and the company goes private or is taken over
3 The debt becomes unmanageable and the company goes tits up
The facts and figures don't much matter if there is intent regarding number 2
And there it is. Common sense is a damned curse
1. Has to be essential goods to be transported
2. Believe any RNS will be delayed ,
2a. Worst scenario MM doesn't want to deflate the SP any further as further dilution for Cash will mean double or triple the last one.
2b. Their offices are shut down as the staff aren't key workers and no missives can be sent out.
Re testing kits . China say they came from a company not on their rcognised list. However China seems to have been lying since January. Iran Syria and Kenya seem to have imported the virus thru civil engineers from China. Be hopeful Hbob the silver lining is the younger they are , it seems to just be a nasty cold, Hope the news is good for you all
source The Guardian-(slightly ironic)
Interesting paragraph on the efficacy of the Chinese testing kits, 30%. Mea. Meanwhile Air flight companies are protecting themselves offering vouchers , removing refund choices from while their report says locals estimate Wuhan deaths as 42 000 whilst official figures are in region of 3 200.
sorry should be infections falling in spain
stats
https://www.worldometers.info/coronavirus/country/spain/
re deaths falling in Spain
https://www.itv.com/news/2020-03-29/coronavirus-deaths-world-iran-spain-italy-covid-19/
Fantastic , I have index linked pensions
I agree totally agree ........................with your last sentence. .................................Everything else is supposition. Most authorities are stating a vaccine is possibly viable in 12 to 18 months and that's an early estimate. Even the last sentence is not fact. We'll make up the deficit if the company survives
And continues to be so with two prospects producing imminently but hindered presumably by the present crisis ie. lockdown, police challenging traffic, involving army transport to transfer dead . Add to this the chain of supplying end users who are either stockpiling or mothballing if they have an ounce of sense then MM's RNS regarding production seems outdated and no longer viable. Effectively the company just needs to survive. The EU seems completely ineffective in bolstering up the economies of their various countries. The Med chain are out of cash and the Northern Atlantic countries don't want to be the cash cows
seems self evident that wres isn't ok for cash as fund raising and dilution have been fairly consistent throughout the last 7 or eight years. Production at full volume would sort the issue but given C 19 and Spain's lockdown the idea that such production continues unhindered or just stock piling seems like wishful thinking in these early days of the disease