Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Simple I am not here on humanitarian reasons. Talking solely from my pocket. There is alot wrong with the world and alot I would change if I could.
I solely want a chance of a ROI here, not interested in anything else at this stage. I have been foolish and put all my eggs in one basket and if I am understanding correctly, if this insolvency investigation gathers pace, it will be because the company will have delisted. And if the company delists, all of our investments are in the toilet. It is one or the other, as far as I can see. I don't see a scenario where you have an investigation everybody is happy with and also investors have an ROI.
Hughes - I would guess the delay has been them trying to formulate a plan and way forward, after kpop going kaput.
For all our sakes simple, hopefully these complaints won't need to see the light of day and the company relists with a plan. Let's see
I do think it is a small minority of posters here Bennster. My post was ticked up more than other posts recently. At least that math is clear cut ;)
There will of course be many who don't post or read on here who are also invested. They might probably know more than us lot of chunters, in this bubble.
But as I've said before, no pitchfork here or wishing of ill health, not until I see what the plan is. We've waited this long.
What trading days do we have left, if tintin is correct with the 3rd being the deadline?
I think DC reads this board. Hopefully he is aware, of the very small minority wishing him ill here, there are 50x that amount of people who are waiting patiently and silently, who have put their faith in him and his company, hoping something is going to be pulled out of the bag here.
Guzzler you were repetitive and constant sniping, which I got tired of reading, so left. Everybody makes their own investment decisions with all the informatino to hand, but the amount of time and energy you put towards something you have not been invested in for ages, is not healthy. I had similar with bidstack and hung around for about a month after, that was Feb 21. I got out at 6.5p and it's at .3p now but I'm not saying I told you so to any of them still investors, I've long since moved on. To still be sniping and trying to point score here is not good. You got it right to get your money out here, well done. Don't need to rub it in for x years later for us folk who are staring into the abyss with this one.
Also 'time running out hogwash' was reference to time running out for shareholders needing to put a case together
Agree on that Bennster. And I am all ears as to why but I just don't see the difference if a case was put forward now or in 3 weeks. We've waited this long.
The group is called LVCG Discussion and Research. I'm Jimmy Stocks on there. Not sure if you can just click the group and request an invite but if not and then you should be able to send me a message and I'll see how admin can send you the link. Likewise to anybody else here wanting to join
And time isn't running out, that is hogwash. If there is a case, the chance to report it doesn't expire in 7 days time.
I want to see the plan first hughes. What top trumps everything else for me (and should be for any sane shareholder) is the company relisting and relisting with some semblance of a plan forward, so the SP doesn't cave.
Taking action against the 1 man that can turn this around...that doesn't help me at all with the above, so it isn't something I am going to entertain whilst there is still the possibility that he can turn it around.
Hughes I am not reporting anything until I see his plan. Makes no difference if we wait 3 weeks or do it now. Anybody saying otherwise doesn't have any money invested here and therefore their opinion is worth diddly squat in my eyes.
There is a telegram group already. Not as active chat as here. There are some on both already like myself, riosurfer is one I know of and I think Ludico burito (wrong spelling I know sorry :D) is in there also.
If we ever do relist, one of the key elements DC needs to address (if he ever wants to see any value in his shareholding that is) is that it is under new management and he is taking a back seat. Forget about any events or deals, that would boost the SP more than any event.
And I have heard that the sports events division washes its face, i.e. it covers its own costs etc. But, as we have seen with KPOP, there is always risk attached to hosting events, and taking a risk when the end result is that you break even, that is not a business I would personally involved myself in. Shame I brought shares in one that does, how stupid of me.
Every single one of them has been part of this massive failure, across all divisions. So yes, any sane management overseeing operations would conclude that ALL of the current team, certainly the senior team, do not have the nous and ability to turn things around and need to move on.
Hopefully it tells us the old guard, who have overseen this mess, are being shipped out in favour of new blood and DC is taking a backseat (we can all dream).
DC values StART at £5m was it? BrickLive £6.5m book value? Take away debt, leaves us with a valuation around £8m? So raising at a premium 3 - 3.5p seems fair, if that is his plan. Any less and he is undercooking the turkey, according to his own valuation and acquisition of StART, and would be short changing shareholders two ways.
I think they would prefer people write this off and go away quietly, but I certainly won't be. I have £50k tied up in this suspension at 2p valuation and over 50% down on my original investment.
RE the Insolvency case - If I want to register my complaint also, what is the process please. Thanks
Hopefully Euston he is preparing an RNS. He has zero trust in the bank for me to believe any words or sentiments. For once he needs to put himself in shareholders shoes. We have funded and supported his company for how long. About time he offers something back here, unless he wants all of his karma burned up in one foul swoop.
His highness is surely not going to leave shareholders squirming until the very last minute, is he?