Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I thought this footnote in the proposal doc was even more interesting :/
"The Issuer's cash flow has been affected due to the impact of the Covid-19 pandemic. The Issuer confirms that it has explored and is exploring further all options available to it to preserve existing cash resources at a corporate level and has identified and prioritised a number of field operating cost reductions to seek to ensure that operations are sustainable at current commodity prices.
Against this background, the Issuer took the decision to propose a further restructuring of the Notes, including the extension of the maturity of the Notes to 15 May 2025 and the delayed payment of interest due on the Notes with respect to interest accruing from 31st December 2020. This is part of a wider restructuring and a condition to part of the restructuring of the loan agreement between Lombard Odier Asset Management (USA) Corp (through Lombard Odier Asset Management (Europe) Limited acting as its agent) and the Issuer dated 21 October 2019 going ahead. If Noteholders do not vote in favour of the Proposals, there is a significant risk that the Issuer may not be able to pay the interest due on the next Interest Payment Date, which would result in the occurrence of an Event of Default under the Notes."
My issue is that the twitter rampers come on here taking praise as apparently they are the reason for the share price increase (and not anything that the BOD has done). They also tell everyone not to sell, when the same crowd would still ramp constantly on twitter while selling in the background.
They also constantly boast at apparently how smart they are, and how dumb everyone else is... Laughable! Idiots like this are also the main reason I don't post on any other share pages.
In case you didn't know why she is so quiet at the minute - https://polaris.brighterir.com/public/iconic_labs/news/rns/story/w3mkv2x