Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
We should also benefit from following a path already cut. The Tanzanian govt agreement at 16% worth our bear neighbor should make it easier for us to get agreement without the costs. Also we should benefit from any infrastructure built by our neighbours So it’s not all bad. But comms is ****e I agree
No chance am tech. Matt has his family invested here as well as owning about10% himself. On record as saying you only get a chance like this once ina lifetime. So rightly or wrongly he will build this mine. However slow we think he is being!
Unfortunately incompetence is not illegal. I would be very careful spending any money looking for legal redress. It takes ages. It costs a fortune.
Virtually all uk mgt in this sector are morons. Here. Gdr, odx, avacta. I think Tiziana mgt were crooks. I lost money on all of them lol
Abdx seem to have been unlucky. Not bad mgt but their prospective business partners brought them down
Pretty much nailed it am90. I still think sprott exercises his warrants whatever the sp
But if he doesn’t we have cash to drill for 6 months before a raise comes on the radar. Every day of drilling increases the proven gold and increases the buyout price. Someone will blink and make an offer. Once we have one offer we will get more than one
Exciting times
I am not used to a company giving an update and not being sold down significantly
So the results must be good lol
Smarttech will update us all on the rto into ccap next month I suspect. That should be a catalyst for a sustained sp increase. It is the only successful rto as far as I can see.
Most if not all of us are here for the corporate transaction the bod have promised will happen in months
When (if for the pedant) it happens it will go for multiples of todays sp.
Is anyone suggesting sprott won’t exercise his 8.7m warrants at 20p? To me logically it is a no brainer An extra 8.7m paydays
If he doesn’t then we still have 2m in cash so even if there was to be a raise it is a long way down the track. The bod have stated they dont want or need a raise. They are massive shareholders and don’t want any dilution if avoidable
So I am quite optimistic here
Surely in the value zone now. We have an expert mining engineer who has built 10 mines in the region already. We have applied for bigger licenses. We are cashed up. Bod own loads of the company as does his family. We will piggyback off agreements and infrastructure tgat our near neighbours have already paid for
Just needs the right rns and it will soar. Comms have been non existent since the ml awarded I agree. But does anyone really doubt that the mine will get built? Admittedly later than we want !
There’s a common theme with all these uk pharma companies. Complete text std at the top. Odx and Colin king was a lining incompetent. Gdr. David budd is still a liar. Tiziana we’re crooks by the look of it. Avct have an idiot in charge who can lie with the best of them. Sng I don’t know much about but sp performance has been awful. Ncyt seem ok commercially. Abdx seem to have been unlucky in choice of partners. Ciz seems to have been ramped at rto and now thrashing around about 20% of placing price
So we here at dddd are not the only ones with commercially moronic management