Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Tom the ppl calling me out are the ones who regurgitate the same old shit. We all knw the positives of the company (of which there are many) but the debate fundamentally is why does no one want our product?? The firm saying we will update when we sign something is all good and we’ll but my question is why is this taking so long? We have bn in Bots for over 9 years now and still no deals.
Think it’s best to stop posting here as this is not a balanced forum but just somewhere where the same posters deliver the same story over and over. Bottom line is the firm hv let investors down big time and need to close some deals to get this going. GL all
No Minor. I am just a ****ed off investor who wants the SP to move. Yes maybe I need more patience but the way in which the board has done fck all positive is annoying. Why is it that when posting open and honest posts on here that one gets accused of all sorts?? To reiterate I am a substantial investor here but personally feel that the firm is not performing. As a investor I would like to knw why. A great opportunity potential exists here but and that is why I will stay invested but the board should be held accountable for the c50% drop in SP. and instead of feeding the same shit as to what they are doing I want to see some action.
Back into the 7s after another RNS. Vox reckon this could easily dip into the 6s unless some positive news comes. All messages from the firm talk about the same old shit which has little or no positive impact on the market. Bots govt need to get off their arse....the longer they don’t the more the SP will fall. In the short to medium term any sensible investor who has followed this share knws that is true. Too much ramping going on here which probably has the opposite effect....let’s get real guys.....until an offtake or RFP is announced AIM doesn’t want to knw. When a deal is announced this will bounce significantly, but unless we are careful that could be when the share price is at stupid levels and further share dilution may be needed.
Not saying that offtakers aren’t interested; my view is that signing a deal with an offtaker would be easier if the govt award us a large part of the 100MW that is up for grabs. For me this is why clarification on the retender process is required. This may take a few weeks yet and I expect to hear from the govt by end of May. Any longer and it is safe to assume that investors will become increasingly concerned and look elsewhere to invest their cash. Any sooner and then I am glad to be wrong. I agree patience is required and as such I am in no way ready to move on from here just yet. I am only writing my honest views on the company and am in no way looking to deramp/ramp this share in anyway. All I know for sure is that if Tlou get a large piece of the pie that the govt is offering then this share price will no doubt be many many multiples of today’s value. Yes reserves are fundamental here too, but I have no doubt that these will substantially grow over time, but for me we need customers. Customers and huge reserves will ensure future valuations in line with Gilbys previous adventures.
No Minor just trying to be realistic. Newsflow is very slow here and with the new Bots govt only coming in April, I think 2 months is reasonable time for the retender to be sorted out. I personally don’t think that any offtakes will happen before any govt deal so hv a May deadline. Do U think different Minor??
Is the Quarterly update from the company due this week?? Not expecting anything else tbh (ie retender news and/or any offtake deals).....waiting for news here is like watching paint dry and I’m not hopeful for any news before end of May at the earliest. Confident that it will come good here....although not as confident as I once was. Let’s just hope TG and the board live up to their promises as otherwise there will be a good load of investors losing a shit load of cash.
Thanks Tidd, but agree with Olda that this news flow should come through other avenues. To be fair it’s not anything new tht the IR is saying and re-emphasises tht investors need patience. On a side note is the govt pushing ahead with putting in transmission lines etc?? I vaguely recall an article stating that it’s part of a $500m programme of work, is that right?? If anyone has the article could u plz post the link. Thanks and GL all
Tidd - thanks for the update. Problem we have is that without any news flow investors begin to speculate and that can spread negativity. For the record I still believe in this but am becoming increasingly nervous. Another one of my investments Asiamet are holding a couple of investor events this week....this is the kind of activity I would like to see Tlou undertaking in order to attract new investors as well as giving more certainty to existing shareholders.
But why are they so bad with investor relations?? The only rational answer must be that things happening in the background are not working out and the longer this goes on the more investors will sell up. Tidd - u appear to have links to the board, have u/can u share our concerns with them?? This may help alleviate the speculation that this is a dud
Spot on Singen. News on offtakes and retender of RFP required to get this moving again, but it just seems like with the lack of news flow that agreeing an offtake is proving difficult. I’m giving this share another 4 weeks; by which time if no offtake agreements have bn announced I will be putting my money elsewhere. Shame cz Tlou have a great Board on paper, but working in Africa is never easy and imo they are being let down by a very poor investor relations team which are doing very little (or nothing) to keep investors informed on how things are progressing
This could go from a flutter to a savvy investment if the govt got moving. I said before that by the end of May we will have a realistic picture of whether our investment will return multiples or whether this is another African adventure gone wrong. Time will tell but one thing for sure is that the market has deserted us for the time being......but if the news from Botswana is positive they will no doubt return in their herds. GL all
Any news on these offtakes anyone?? Any idea when the re-tender will happen?? I think the investor relations people for Tlou must be on a permanent holiday cz not sure they knw the meaning of keeping their shareholders informed of how things are progressing. And before anyone pipes up yes I get nothing can be disclosed by the company until things are signed but my god directors have provided snippets to posters here....surely they should be doing that in a better capacity than sharing a few share conversations on a forum.
So what timescales u expecting then Tom?? Having listened to Colms interview again he mentions a quicker RFP process with a definitive timeline....2 months later and no details on either. The Colm podcast was a good listen again but opens up more questions to me. The big question I have is how did tlou only find out abt the cancellation when it was signed off by the Bots govt on 1st Feb?? I would hv expected with such contacts in the govt they would have known abt this before and contingency planned accordingly. http://www.ppadb.co.bw/Pages/BoardDecisions.aspx?Paged=TRUE&p_ID=33&PageFirstRow=31&&View=%7B9DD5B6AF-F10C-45D1-B7D4-7D55A8EF749E%7D
Agree Buzz. Just feels like the RNS’s back in Feb were exactly what u say...’padded.’ They talked abt offtakes, expediated RFP and feasibility studies. 10 weeks later nothing. Sure U can understand why many of us think this is all a bit slow
News is definitely what we need Olda. Besides from news on any offtake agreement and/or the RFP have we heard anything on the feasibility study that Tlou had commissioned which was mentioned on the RNS which detailed the retender?? All a bit slow here....I’m waiting patiently but getting a little p’d with lack of information from the board.