Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
VMAX,
Stop boggling your mind as it may not be good for it. Let me clear your fallacy/misconception and clarify your erroneous post.
I'm very surprised that in "over 40 years of trading", you have not realised that pi's have scant information other than what is historical or after the event Thus:
1/ Everything is in a hindsight perspective as we are not at the cutting edge of the business.
2/ We can only react and form opinion from the information provided and look to see what, why, where.
3/ in 40 years are you seriously telling me you never came across rogue management, Enron, Afren plc, lot's more aim lifetstyle companies? So one tries to see if anything is a miss. Blind trust not good.
4/ In 40 years you have not worked out chat on a BB cannot lose you money but bad management can. Clearly the sp went up (due to market forces) when Tony and I had our spat.
Erroneous:
1/ Where on earth did you get that I have 6 companies? Provide evidence or are you unable to comprehend what has been posted?
2/ Has the time to post so much:
- 77 posts in 30 days, hardly record breaking.
- infact you have posted an average of 73.93 posts per month over the time of your current moniker has been with LSE and mine is 68.25 per month?
- I reckon you're a lot older than I hence maybe you have slowed down on your posts (maybe I'm wrong)
- based on your comments, you clearly have enough time to read BB posts (contradicted yourself) but not necessarily comment?
"I have a few companies my self but you will never see me posting in working hours as my time is more important elsewhere"
1/ I could not care less what number of companies you have nor what you do with them or how you work them.
2/ I prefer to work on my businesses and not in them. (As a business person, you will know what that means) and I have set up a structure to facilitate that.
3/ With time one slows down and cannot do as much as before. Am sure you get the point.
4/ Sounds a bit lamenting that you dont have enough time..
"I have been investing for over 40 years, way before AIM and only since the conception of a BB has it become a problem , with people supposed to be invested that shoot down their own investement."
1/ Before the "conception" of a BB. You couldn't publicly question your investment like on board, doesn't mean you did not do it or thought it.
2/ your pointing out the downside of a BB, however you cannot deny the benefit that you have had of the use of a BB (9612 posts say so), heard of rough with the smooth?
3/ have you never questioned your investment after a management balls up?.How do you think quite a few businesses go bust? Mostly due to mismanagement.
Btw if you like, I can get one of the good people in my consultancy business to help your business:
Review procedures, internal controls, inefficiencies, cost analysis, management structure, lead generation, TIME MANAGEMENT, to help you with your time issue.
To quote your quote.
Lots of twisted peo
We now have a cross on a shorter time frame. A few times on the historical charts, sp has reacted very nicely.
Coupled with O & G prices moving in the right direction we should gust upward a little and come sept onwards, should push higher till winter end (unless it's a mild one).
On another note; when Tony and I have a pop at each other sp seems to like it (lol, tongue in cheek).
Seriously, at current prices we need to crack on. Not necessary to spend more of the debt but use excess cashflow from OP prices above $72 mark which BoD have indicated. Piecemeal approach, whilst maintaining the status quo on cash and debt balances. Need a steady ship dead ahead and delpoy excess cash inflow. If need be deploy a portion of the debt cash.
100% agree professor. Gotta live with the wild swings. Dips keep getting gobbled up.
"Personally, I've never given a real reason when I left a company." - perhaps your the eeydiot - have you considered that?
Maybe it's more applicable to you. Despicable thing to say about a fellow BB poster. You're hitting lower lows in a downtrend.
"WCSB, the assets acquired were frozen (I think by vendor) neat little trick is I3E spent heavey on a capital prog. Which they have now curtailed. So appears the trick has reversed." - what the f@ck does that even mean - perhaps jolly can explain !
Not my problem if you're dim and dont understand. I suspect you do understand but dont on the BB.
You're little snide remarks are immature.
Which entity with assets (not just assets) will give you a very nice 60% equivalent of the PREVIOUS dividend? Are you in the know or making it up? And how much will it cost and how much confetti raise?
You're looking to destroy shareholder value and yet people agreeing with your garbage dont understand at all.
"So even if they bought less than top tier assets - if it came with a large tax pool - that’s £13m straight to free cash flow - that’s covers about 60% of the previous dividend right there".
Tony clear you're naive or clueless and likely both. Yet you only look at one side of the picture.
How much equity/dilution? Will it not drag the sp down by the level of dilution. Tax losses may not necessarily follow unless conditions are met. With an equity raise and a fixed dividend what will happen to the yield for shareholders. Surely, if you're spending money for immediate cashflow, given the economics under current prices makes more sense to expand organic operations and prove up more of your reserves which will serve to inform the market how valuable your assets are.
Makes more sense to drill the assets you have, rather than erode the debt cash buffer you have and dilute the hell out of the company.
Fully agree with bottomsup. How the heck you come up with such stupidity is beyond me.
WCSB, the assets acquired were frozen (I think by vendor) neat little trick is I3E spent heavey on a capital prog. Which they have now curtailed. So appears the trick has reversed.
Not necessarily true about tax losses from acquired assets. All depends on how the deal is structured and whether the entity with tax losses is being acquired. Furthermore, if the entity still has tax losses begs the question are the assets any good? Just saying.
"I think the reason some want buybacks is in the hope they can exit at a better price. I don't understand why they would want to buy another's asset if theirs is so good & with PoO & gas rising, it would be at a premium".
Bang on Pete, 100%.
Generate the revenue from the much vaunted assets acquired then talk about an acquistion with minimal equity.
Surely if your assets aren't suitable in a climbing commodity environment, then how can further acquistion be better in the same price cycle?
Dont think anyone can answer that fairview, maybe some longterm holders. However given a host of global major players have been in for a good few years, all depends on their satisfaction. But it seems not far off. Oleric, imo what would be uttermadness is to let an opportunity slip. Opti products can transform different industry sectors. Gotta take the chance that it will imo.
About to go blue. 20% up finish?
AGM RNS, no speeding ticket. Shows BoD thinking on the recent rise. I.e. justified rise.
8% down, hardly a fall off a cliff. A bit of consolidation more like.
Looks like strengthening again.
The reiteration of the list of globally renouned industry giants still onboard from development stages cannot be underestimated. Top it off BoD have said in effect no other products like opti's.
A bit of profit taking, healthy to let new investors in for the next wave. Meantime someone added more and been at it for a while imo.
Manufacturing agreement since 2020 offering products to:
"sales to 11 named companies (Kelloggs, Nestle, Coca Cola , Firmenich, Tereos, Cargill, Arla ,Tate and Lyle, Agropur, Givaudan, Tata) reflecting the development work ongoing with these partners before we signed the agreement".
No doubt the products will be varied to suit the taste requirements of the various companies.
I think BoD know that opti is no where near market value and hence do not expect a speed bump RNS. (Could be wrong).
To me this bit is key, no one has a similar product in the market and no patents by others covering opti products...
OptiBiotix's products are differentiated from other natural sweeteners and sugar substitutes on the market in that they have been developed: -
i. To be classified on packaging as dietary fibres providing no contribution to sugar intake and enhancing product nutritional labels.
ii. Have a low glycemic index (reducing the risk of developing diabetes).
iii. Enhance the gut microbiome providing additional potential health benefits.
iv. Have intense sweetness (High Intensity Sweeteners) or sweetness similar to sugar (depending on product).
The Company is not aware from patent searches and partner meetings of any other products currently available which have these characteristics.
The sugar substitutes market is projected to grow from USD 18.8 billion in 2023 to USD 24.3 billion by 2028, growing at a compound annual growth rate of 5.2% (Research and Markets, April 2023).
Opti market cap £34m odd in such a huge market. If this is the real deal, it'll be a blockbuster. It looks that way.
Sustained buying pressure is unusually strong. Seems something is in the offing. See what the dragnet hauls up in the form of TR1/s.
It's a dog eat dog world. If I was Nestle or the likes, I'd look to snap this baby up before a rival does.