Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Impossible.. LaMancha IS the biggest shareholder now ... and now the CEO is from La Mancha ... there will b an offering at 20-30 pence and LA Manche , Glencore will take most of the shares in combination with an credit line ... some dilution but 3-5 years from now all will be happy ....
A PP is impossible at current SP ..i think they will double the sharecount in combination with a credit line ... this will lower the price target ... maybe 100 pence in 3-4 years possible ... hopefully there will be an possibility for participation for old shareholders... i think yes..because exclusion of old shareholders would be an unfair move.. some waited 10 years or longer for production...
In my view they should sell 51% of Vermelho because nobody will lend them money for a new project again after this desaster... or/and give away 30% of Araguaia ... maybe they are a better operator after the project is up and rannung.. nu clue...
They could sell their second project or give away 30% of the project in construction for the remaining funding ... the current SP is unreal ... SP minimum 100 pence next year same time
Market is full of fear ... 1. interest rates 2. execution 3. get funding ... better times will come someday .... first we need funding for the 2 projects or 1 project... this will help ...
This is old news und Shanta highly probably will not mine the WK -project... Shanta is a clear takeover candidate .. in front of an WK developement... the goal with WK is..adding onces and grow the project to 3-5 million OZ of gold ...