Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Yes on poor management that could only offer a binary bet. Not a coherent strategy.
Our experience of attempting a semi-hostile t/o in KCN shows just how difficult it is even with a BOD like KCN (one that decimated s/h value). It's different here. MMc and co have articulated a credible, easily understood strategy and appear to be executing it to perfection regarding Botswana. They have also demonstrated they are inventive and resourceful, happy to pleasantly surprise us Investors (KCN / KML etc). imho they enjoy extremely strong support and would be a real challenge for any hostile t/o though I concede sentiment is only as good as the last decision they make. Aside: nobody here has recently commented on the potential in Thailand. imho It still exists and will surprise the market within the next 12 months. KCN are also likely to fail their binary bet. They have a great asset but poor strategy and hated by the Thailand gov. MTR Thailand is so very different, hence I see a much better outcome for us. This is definitely not factored into the sp but much of the hard work has been completed. Twitter pundits like Doc might try his underhand games again but that won't change the end result (cowboy!) :)
The Severn sisters are all in T3 dome... There may be 7 more under the larger T20 dome (or indeed several more). Then there's the other T's... We could have a district of districts yet but let's let MOD execute the plan they have designed first. Personally I'll be happy if a MOD only target comes good too.
ItsaNightmare your right about the KID. MTR has produced one but it is only a downloadable PDF. iweb want it to be on a page the can link to. That means a html page. It's not difficult to do and they are aware. I've heard from MTR that it is in hand, but I don't know how long it takes them to host a page and how long it will take for iweb to take notice once they have been told. I shall write to the FCA once MTR add a html page if iweb are not prompt as I consider it beaurocracy to not accept a download. The least the can do is matching MTR for speed (from the point they realise a html is required rather than a download page) so let's hope they expedite it.
Hi John, actually it will be Janse van Rensburg that will be speaking. Of course it would be great to get the company presentation from JH but imho you will get more detailed info on the drilling progress from the geo in charge. I wish I could go...
Sorry Tom. I hadn't noticed your succintly accurate reply ;)
Costello, What would be the riskiest region of Africa to invest iyho? DRC perhaps? You would be correct, but it's 95% Christian. "Anything below the Mediterranean is far too risky" This is simply your opinion and quite wrong. Please check out: https://en.wikipedia.org/wiki/Religions_by_country Searching "best mining countries to invest in africa" suggests: Annual rankings: Africa's best, and worst, countries for mining Botswana. Overall position: 14. Score: 74.0. Burkina Faso. Overall position: 24. Score: 66.3. Mali. Overall position: 29. Score: 58.2. Namibia. Overall position: 30. Score: 57.9. Niger. Overall position: 43. Score: 47.9. Ghana. Overall position: 47. Score: 45.1. Guinea (Conakry) Overall position: 51. ... Zambia. Overall position: 57. Africa has alot going for it. Please don't write it off. No need to bring religion into the bb. Africa�s average score has not improved in the last four years. The African average went down to 40.5 from 41.8. However, Botswana continues to perform strongly. Its score went up to 74 this year from 66.5 last year. Namibia has also made good progress in this year�s survey, moving up to 57.9 from 49.2 last year. DRC (Congo) continues its decline down to 7.8 from 18.9 last year. This drop likely reflects the uncertainty created by the nationalisation and revision of contracts by the Kabila government, atb JS
In related news... it appears to be de rigueur to file class action suits atm. Similar law companies performed poorly during the same timeframe. https://hotcopper.com.au/threads/article-class-action-suit-filed-against-shine.3713928/ http://www.couriermail.com.au/business/shine-lawyers-targeted-in-class-action-lawsuit-over-profit-collapse-case-filed-by-quinn-emanuel/news-story/c571c3cd851c6fe0b2e41612f4a2fb23
Hi Roc_Xel, yes I remember you and I'm sure many here will. I still have an interest in WTG though I reduced significantly some time ago and I even followed into SGH until I realised they could not make a silk purse etc so I do understand your pain. I have been lucky in a few other shares, mostly on ASX but also here on AIM too though I am under no illusion after my baptism of fire here (plus seeing blatant ramping on several shares as well as TW style sniping from some con men who seem like TW to think of it as a sport to spread misery). If AIM were as well regulated as asx I think it's reputation would be much healthier but the unweary and inexperienced investors would still find the odds stacked against them. Your kind words say so much about your integrity and I wish you all the very best for the future and financial stability. Whilst it's sad to see you leave at least it's good to know you have strength of character to wish others well (and it also helps to explain a few sells today!!) btw: It looks like TW is reaping some Karma having sucumbed to diabetes no doubt brought on by his alcohol issues. Take care, JS
Andrew Grech has decided to step down from his position as Group Managing Director, effective immediately. Lenders take 95% equity + 1% warrants. http://www.asx.com.au/asxpdf/20170629/pdf/43k8lr8lwldkmx.pdf
Glad you found humour in it addicknt. Stefan is the right man for the job, with the size of the BoD reducing it was crucial he stay. SGH is not going to find WTG a pushover, The basis of it's charge is pretty weak and it really looks like an act of desperation by SGH.
Congratulations to every holder here. Watchstone is going to be a company on many investors lips tomorrow and in the coming weeks.
Agreed. Convicted criminals... I guess you don't follow BMD? ;) Convicted criminals are just the one who got caught and don't have the $$$ and influence to avoid scrutiny. A little like AIM MMs.
At least MONI is up 23% Shows what a little news can do.
You are thinking of Treadstone ;) JS
50M reasons to be ore optimistic today ;) That's £50 MILLION reasons. Plus YLF much less credible now (not that they ever were) atb JS
unibond similar to "sticks like ****"?
Guidance reaffirmed. £50M escrow safe(r) ;) SGH in bargain territory for those that are not fearful! JS
Posting information that is false or misleading, may constitute market abuse. This could lead to an unlimited fine and up to seven years in prison. If you have any information, concerns or queries about bondstreet's market abuse do let them know. bondstreet fail the dissemination test: Dissemination – giving out information that conveys a false or misleading impression about an investment or the issuer of an investment where the person doing this knows the information to be false or misleading. also the regular investor test: The Code of Market Conduct states that, in some cases, behaviour will be market abuse where it falls below the standards expected by the ‘regular user’. A regular user is effectively a reasonable person who deals regularly and understands the workings of the market concerned. In some places, the Code employs a ‘reasonable person’ test similar to the one that has often been used in the English courts. The Code affects everyone who participates in, or whose conduct affects, the UK’s financial markets. It makes no difference whether or not the person is regulated by the FSA, or based in the UK or overseas, or whether they are professional or retail investors. The Code also covers behaviour that takes place in the UK in relation to investments traded on other European regulated markets. lse admin please do your job. JS
https://www.youtube.com/watch?v=LZCRxxb_rwY you to a tee JS