Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I agree with your comment entirely Crusty - it's just that having been in and out of Aminex since it was into gold mining I have a certain degree of mistrust in this company - far too often outweighed by bouts of my over optimism!
I wonder how much damage has been done to Tiptop's retirement pot?
NigOil - I'm a little confused. Why would you be openly positive about a share that you actually want to buy at a low price? Surely if you were genuinely trying to buy large quantities of shares you would de-ramp them? As a holder I do hope that you are right but just question your strategy on the BB.
I'm really confused by the situation re Jay. Too ill to run AEX but well enough to take on another director role but not well enough to return? Looks like he was pushed out of AEX (IMO) but could it be because the Tanzanian authorities couldn't work with him and that a condition of licence extension was his removal?? I'm particularly interested to see what he does with his shares in AEX. Thank god we have a decent asset otherwise who knows what would have happened to us!
https://en.mercopress.com/2019/05/07/falklands-lawmakers-travel-to-the-uk-to-address-a-long-agenda-including-brexit
Perhaps they will be discussing RKH?
Nothing too surprising in the circular apart from the unlimited and timeless indemnities which had never been mentioned before and the change from binding to conditional. We all knew they had no money, we knew that they were in dispute with TPDC over certain costs. If I was in charge of Tanzania there is no way I would extend the Mtwara licence until I knew who I was extending it to! As for the development licence I would certainly wait until Ch had been drilled and tested. Holding for the next 12 months and voting in favour of the resolution.
https://www.bbc.co.uk/news/world-europe-46364342
or perhaps middle eastern 'aid'
I have been clinging to the hope that the expected by end of November date will have been based on Aminex being told that the licence would be expected to be sorted by the end of October. I await tomorrow morning with great excitement - and if there's no RNS I will go back into hibernate mode for another couple of weeks.
I've held for years and have come to the conclusion that the deal is a 'good one'. However, the BOD have (IMO) misled investors over the last couple of years about the operational side of the business by painting an overly optimistic view of things. Keith Phair should now stamp his mark and start to explain what steps need to be completed before an EGM can be called - at least to reduce some of the speculation on this board. I've e-mailed the company but (surprise, surprise) haven't had a reply. It's time they demonstrated some real empathy for LTH rather than paying us lip service.
I looked up Hannam and Partners and note that they have previously aided RKH with fund raising. I guess that they won't be helping out in the future - maybe Standard Chartered have ignored them and there is some sour grapes at work.