Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
When we, Inc management, thought we were flying high and hadn't realised we had been taken in Kiran made this statement
Both our key investments have progressed exceptionally over the last year, with the Sonora lithium project advancing from pre-feasibility to off-take and the Cinovec project in Europe advancing towards pre-feasibility, which is due in April 2017." Bloody hell where did it go so wrong.
I wonder if we ever got our million quid back which was to be used for exploration of the rest of sonora. I remember it was to be returned if no progress was made. In the small print it probably said that all they had to do was stick a spade in the ground.
Sorry to have confused you Jay. What I was getting at was it can depend whether or not holders are on auto reinvest or if they are sitting around looking at a screen all day and have control, but I'm sure you know what I meant.
Mr c, you are without doubt and in your eyes good reason, oner of the most critical commentators on this board regarding the management. I certainly have no axe to grind with you. Apparently I am a forgiving soul which is probably why I put the companies performance down to their naivety. I bought in through my nativity all many years ago. As you say, now is a pretty good time to enter. Have you an eye on other companies (miners) that you think may be ready now? I remember a couple of staunch supporters who bailed from here and went to sav. Any tips from any on here are always welcome so long as its not blatant ramping. Cheers. Joe
I'm sure you are right, can you imagine if they released a rns which traders misinterpreted and created a massive price increase only to find it was false hope and pipe dreams leaving the ill-informed trapped with shares that turned out to be virtually worthless and tied to a company for 7 years. Imagine the angst and bitterness that would cause.
Absolutely. My point is, often holders will sell after the registered day and move on somewhere else to pick up so more profit(try) especially if they have made on share price increase. In theory it should drop by the divi %value. Not always the case especially with a share like this where there isn't huge volume. It could be that that most holders have pressed the reinvest divi button in which case you could end up with a spike as auto buying takes place.
We had a bit of luck. I know Kiran wasn't around when we signed up to the jvs with Hastings and Bcn, those guys were happy to take our money but it became quite obvious that they didn't really want to share. Hence buying shares in emh. Back in the day I would say the majority of us assumed we were active partners and were on the road to riches. I know big Dave is full of bluster but I think he also was pretty niave when he signed us up.
Well done Kiran. (he's not actually the boss is he, what's our man in charge called). Let's have a game changing rns Monday am. Hope you all have your golden tickets.
Wrong. 9th , so mid week.
Usually get a price drop ex divi which I believe is tomorrow.
When I signed up to rem the big bullsh*tter was in charge, Kiran hadn't been hired at that point. I guess I bought into a different co really. Rare earth et al.
We carried our own scoping study to keep us involved, we changed the mind of Colin who was looking at borate,we were told it was on a fast track so as not to miss the boat. We got tesla involved. We attempted an audacious take over of Bnc least they shaft us. Colin died and they shafted us and his family.
If we pull off this current plan we will be mining before any lithium comes out of Sonora. We need a bit of luck but if it comes off I will actually congratate the board for the reinvention of the Co.
Because the recomencment of the mine is so important to so many in the local community it would be a pretty hard court to deny its success. I can see no reason other than those of the court having received envelopes stuffed full of cash to deny a successful completion. So it's not guaranteed but I have put money on it.
If only Bcn had accepted our offer of a pound. We would be operational by now and sticking the li into tesla motors. Albeit at a low price. We would probably be able to self fund Ampala. As it is the million we spent on scoping study was wasted and the paper work gathering dust. Dust will be an inch thick by the time it's needed and some of us won't be here!
Thanks for your response on Friday. Busy working, wish I had more time to keep up with the goings on. Are there many more shares to convert and if so does this mean each time we hit 12p+ they will be selling? Your thoughts would be helpful to me. Thanks Joe.