Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Shaa - the problem is that you can keep issuing shares and the company can create value which usually means the mc increases. This is all well and good for the company but the sp stays static which means investors never see gains. They are unlikely to ever pay out dividends so you can’t even win there. That’s the problem with companies that constantly issue shares and warrants, it never gets us in esters anywhere. Iv had the same issue with wres, they are much the same as cople, they are producing but keep issuing shares and the sp is only going in one direction and it’s not the good one. They’re miners and not oil producers but the same thing is happening. They just did a consolidation and that just made things worse. Companies only really do that do they are allowed to issue more shares
Massiveray - between me and you the only loser at the moment is you. I sold out at 0.4, if I am able to buy back in at 0.3 I have lost no money and I’ll have around 25% more shares. You e held on to yours and will be 25% down on money. I know which path I’m glad I chose. If losing money is winning then you’re the top guy for that, we’ll done my ray
Oh dear Greg… I’m afraid you are very wrong, if anything oil production is likely to keep increasing for a number of years yet. Oil majors believe that the reduction in oil will not reduce co2 emissions. Wether this is true or not is unknown to me, probably unlikely but they will fight this an will likely win
Brel - Iv mentioned specific and most of what I said has happened. All the rubbish rampers have said on here has been miles of.
You tell me one thing that they have got correct, there opening sp was a complete dream, the constantly make rubbish up to hide what is actually going on. This mornings rns was a prime example where you had Panama trying to say that hsbc may not have sold where he knew full well they had. If he didn’t then I would definitely not listen to him as this would go to show he has no idea what he is talking about
All I can say is I am glad I didn’t listen to Panama and he’s cronies when they were saying people were stupid for sell there shares when this was 0.4p.
These are the people the you shouldn’t listen to on here as you will lose money.
You may have noticed that the likes of yachtmister have now disappeared, wounded what happened to them.