Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
you're more optimistic than most given their business history!
I get a feeling the writing was on the wall for a long time but taken us for mugs...
Chairman resigned, securitisation not happening.
Looks likes they've mucked it up and our money has gone with it... Nice one!
Atleast it is alive... sort of
It was nice to see the team together discussing the business openly without the constant drivel of detractors spreading their muck.
We still have way to go but I'm definitely feeling a lot better over the long term on SYME.
Holding but toying with cutting my loses. A good company looks after their shareholders and doesn't leave them in the dark.
F U Rob
Since someone last posted here. Shares dead. Someone switch the light off on the way out
Not posted on here for a while. (it's been good for my mental health).
However what hasn't been good is the lack of progress and in fact regression from my investment in SYME. AZ has to start pulling his finger out. No point me withdrawing now I'm so far in the red.
... that my investment is now worthless... bar stewards
I have a smaller holding of 4 million in Syme and I also have some money I'd like to invest but it's the timing of hitting the bottom !
Both Syme and Forbes have promised news but not delivered, hopefully comes in sooner rather than later
I hope you didn't invest that 30k in Syme in the last couple of days Demo!
I'm also an investor in Syme- it's been a painful hold thus far... Forbes going the same way...
Erm...
As previously announced, upon closing, the Company’s wholly owned subsidiary, Forbes Ventures Investment Management Limited, will receive a fee of GBP 800,000, representing 2% of the total First Issue, for acting as collateral agent.
The successful closing of the First Issue will provide the Company with sufficient capital to enable it to commence delivery of its future strategy as set out below (in the RNS)
So the first securitisation if what will fund the future strategy and revenue streams... I'd say it does count on Maltese securitisations...
Hmmm... not quite, read the RNS.
the Maltese Corporate Advisors continue to be engaged with investors and are working towards being able to list and close the First Issue as soon as possible.
As previously announced, upon closing, the Company’s wholly owned subsidiary, Forbes Ventures Investment Management Limited, will receive a fee of GBP 800,000, representing 2% of the total First Issue, for acting as collateral agent.
The successful closing of the First Issue will provide the Company with sufficient capital to enable it to commence delivery of its future strategy as set out below.
Wouldn't say it's superb... superb would be the confirmation of the securitisation execution...
Instead we got some admin news (which I suppose is good to be incorporated out of the UK) and the kicking of the can down the road
what's the link?