Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hash shares now shown in my HL account. MCC shares are still shown but the company went into liquidation on 8-11
Buying opportunity? Trouble is with this spread there is only one winner
The transfer of shares is still not showing on my HL account
Amazing how artificial intelligence is after a wee bit of weed
I wonder whether Sentiance are going to float on the market and that's where MCC are going
Don't see that mentioned in the interim results. Not sure that is the best solution either. Expensive option, took them nearly 2 years to drill it in the first instant. More drilling fluids and mud to be cleared. They have already drilled to the well they are better working on what they have got.
Seems to me that there is an awful lot of posting by people who have seemingly lost faith in CASP.
Based on my last 10 years of dabbling in AIM it would indicate that individuals are typing to support their money and they are expecting a negative outcome. I hope they are wrong as I'm still invested here. However they have created a bit of volatility in the SP but it seems to be holding up which suggests the market is expecting news.
News is overdue but that is expected of CASP. I know the clock is ticking we are heading into winter with the usual lack of activity expected and also the production licence on producing wells is supposed to be resolved in 2018.
I believe we will get news this year, ideally a production licence and a deep in EWT. The latter would give us a big boost in the SP, the former a small boost, both would make a great year.
If further delays then the negs will win.
I wonder how Sentiance are doing?
Checking the net they seem to looking for collaboration in China, but not much other news.
MCC are the biggest investor, how will Sentiance be affected if they withdraw that investment.
MCC indicated that investors can keep their investment in Sentiance. How can that work?
Any suggestions
Yes CC you are perfectly right Limerick buying doesn't guarantee success as he has is already a shareholder but where we are after many false dawns of ROXI and CASP then for him to continue to invest at this point is a positive sign.
This is what I feared. IMO it was obvious they were after Sentiance. They needed further investors and obviously that has gone sour, again IMO those investors have been cautious after Cambridge Analytics and the notion that your mobile phone will start having a bigger impact on your behaviour than it already has and that may backfire. Like the rest of us I am wondering about my investment. It would suggest that their intention is to sell our stake in Sentiance but at what price? I would imagine once the shareholders have been paid the MCC will be shut down? So I'm not sure about the statement about the shareholders wishing to remain invested in Sentiance. I don't understand the mechanism where that could happen. Any ideas?
IMO Never believed in their investment strategy always believed there was one goal and that was Sentiance. Mercon was the vehicle to get he funds for a stake in Sentiance. Wasn't convinced by the name Monchichhi. I believe the delist was always the strategy to protect their monetary assets. Now sceptical whether they wanted to relist on the main market or if they were then institutional investors have turned out be more cautious than was expected. I now believe we are looking at where Sentiance goes forward and what that means for shareholders in MCC.
Regulatory news is only an option if they are listed
Thanks for that bit of information and I hope this is the case but it still doesn't explain what happened to the communications to MCC before the registrar issued the notice to be struck off.
I still don't get it. I am making an assumption that it is the registrar that is making the application to strike off the company. If it is than it's nonsense it's a mistake in paperwork as the registrar would have written to them twice asking them if they were still trading before issuing a formal application to be struck off. If it was the company applying to be struck off then they should formally advise the shareholders before any application to strike off is accepted.