Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It should’ve been complete by now and serving its purpose. If the present crisis doesn’t sound and the right message loud and clear nothing will
In terms of gas supplies we are already into a beast from the east scenario and winter has not yet started. Will the incapable hand sitters ever make a decision?
Fairpoint Stokey, but not sure I entirely agree. Before H&W acquisition they had a very small staff and could have kept an eye on IM, at negligible cost. Yes, they have some sizeable contracts but also large costs and liabilities. The languishing sp infers that investors are skeptical that those contracts will prove profitable enough to deliver a return to shareholders, though of course this is Aim! Time will tell, no point bailing out now!
Brave man Lottie! I’m now sick of chasing this dog down, I’d be happy to eventually cover half my investment back. The BoD are a shambles, should have never touched ship building and just sat on the salt craven project until approved for gas or hydrogen storage.
More of a downward spiral!
I bought through HL, frustrating that iii won’t permit
Yes Stokey that sounds like it, ok so H&W may get something out of it .
Radio 4 news this morning announced £450M order for wind turbines and equipment for Humberside company, shame not Belfast!
TTN Re your 17.52 post, I always considered IM to be the jewel here, much of the financial benefit was around buying cheap and selling into the network as prices rise, as well of benefits of strategic storeage. I not aware of any shipyards that have turned a profit without government support
I took some this morning at 1.3 in the hope of averaging down, oddly showing as a sell order!
Ab76 I can think of one other investment which displays many similar characteristics to Parrkmead and is also looks to be on the cusp of a transformation change. Exciting times ahead for both.
A dividend of 8p would cost them are very affordable £3 million year. There is no reason why it shouldn’t help stabilise the share price at a realistic value and would no doubt attract a raft of new investors. A more realistic valuation presents additional options for funding future projects be it by joint-venture, borrowing or raising capital.
Si, I agree with you, there is a nasty smell about this. Push down the SP, the next thing we see is a pathetically low bid for the business with a nice offer to the BoD, leaving the loyal shareholders screwed
As soon as the price moves up they’ll find another bunch of suckers to take up a further placing and a whole set of new warrants.
Si, agree entirely, this feels like it is rapidly becoming a ‘funding the lifestyle business’ for the BoD. I’ll be happy to get out with 75% of my investment back.
We desperately need some good news and something to at least lift the sp above placing price. At least on this occasion I only took up a relatively small proportion of my allocation under the placing, reflective of my confidence in the operation. Infa’s fate, I fear, is very much in the hands of an inconsistent and untrustworthy government.
I decided to exercise a degree of caution and so took up half of my allocation. In the case of Hargreaves Lansdowne and iii decisions are required by close of play today. My hope is, at some point, be able to recover my investment back here with at best a modest return.