Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
TD2. Interpretation is the key word here as nowhere (that i can see) does it state in the RNS that the TEO will be released to investors but in the video the specific question was "when will the TEO information be issued to shareholders" and the answer was by 4th Quarter.. We are now in 2nd Quarter of new year and still no TEO. Hopefully we will here something soon
TD2 basically he says thet the TEO should be released in 4th Quarter of 2021.
The RNS released on 20th August is a bit vague "Upon completion of the translation, a comparative analysis of the results generated by Oreall for the TEO and the independently compiled February 2019 Pre-Feasibility Study ("PFS") will be provided" Provided to shareholders ??
Apart from that RNS, Qna, and the shareholder meeting there really hasnt been any mention of if/when the TEO will be released. There must be a reason as to why he hasnt released the TEO.. Is it just a case of dotting the Is and crossing the Ts..
https://www.youtube.com/watch?v=GlCA0vKi0_Y
7 mins in..
@Husato problem is mate there are investors here who have been here over 10 years and have no patience for another 2 years, there are others who have been here less than 2 years and have no patience for another 2 weeks.. Looking at a lot of the posts im not sure if they are just very thick or just Ignorant of how the market works, these guys will blame everyone else but themselves about their decisions to invest. Its the same across all BBs price goes up and they are all Warren Buffett, price goes down and they blame the "SPIVS" the MMs or the board for their carp decision. .. anyway back to the Rugby
FFS Roy What part of your own comment do YOU not understand...
"So, how the 'F' was it the best deal?"
If RY gets 6 offers on the table he will obviously pick the best deal of the bunch, it may be a crap deal but he has to offer it to the shareholders. So by default it is the best deal..
@PP the price bounced around from 3p to 10 for a few years and my average back then after a few averaging down moves was 3.5p i held through Crimea and sold in tranches 15p, 28p, 33p and my last sell was 42p. At 44p the idiots were talking about the mythical £1 which as we know was dreamland. When i found out that a lot of LTHs didnt take money off the table i was gobsmacked and i still am. But here we are again and hopefully RY can pull a rabbit out of the bag.
Why would anyone stump up 100 million in one go to buy a non producing mine, at that point your bank account is - 100M.. You would pay it off in instalments which keeps the money in your account longer earning interest, thats why he is a Billionaire..
"potential customers" same Carrot same Stick same results...