Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The Nomad issue has only entitled us to be suspended since April 30th.
They 'clarified' in their own words the relationship with CITIC in the RNS circa 9th April.
So why therefore were we suspended between 9th & 30th April?
Because there is way more to it that none of us know about, yet meets the rules of AIM for allowance of suspension.
NDA's in place until they're not, in my opinion.
This suspension is not about the Nomad, we must remind ourselves of that.
Once the Nomad issue is resolved, we go back to needing to resolve the previous suspension.
I know the RNS said "the company clarifies that its relationship with CITIC......" and went on to talk about the division of the company we're dealing with......but they managed to do it without really saying anything.
I think AIM will want that satisfied in its entirety. You might say the fact we've engaged them for talks will suffice.....but we've been engaging parties since October at least, according to RNS's.
We need to know the nitty gritty now, the time has come for detail.
Might tomorrow be '5 gold rings?' before another long weekend.
I'm thinking Friday 29th at 7am will be the news release because that's how they've been operating recently......but I do think it's going to be unbelievably good.
Happy Wednesday everybody.
All condolences and best wishes to you Ian.
I do think we should have relisted while negotiations were ongoing, though.
If it were to happen, there would be a direct line to an administrator at the company who was responsible for managing share holder's affairs.
A few football clubs are run like that.
E.g. Tottenham Hotspur.
Google them & their share structure/shareholder relations and that's the kind of interface I think we'd be dealing with.
Of course I don't think it's going to happen, but to answer your question.
Ask price is $2091
You have a very good point with the confetti-like usage of the word 'shortly' from our Bod. They will know this and I'm sure once you & I have got £1 + a share for MT, they'll apologise retroactively.
They're not screwing us over, I know that much.
They're decent blokes and this is not in their hands.
Just chill out everyone.
It's clear as day they can't tell us what's going on.
They're not morons and they're not doing anything wrong.
They're either useless at communication, or they're not allowed to say until a specific date.
I'm sure they'll make this clear and likely apologize that comms weren't in their hands, when we get news.
I'm expecting news next Friday because frankly we would have heard by now if our Bod was in control.
NDA's mean they're not, and that's fine.
The Bod will be proved right and they'll beat even the most optimistic outlook by posters on this Bod I think.
NN's bid will be north of $3 billion.
Dvharrison good morale is important.
They're going to the last day aren't they....
Gosh, thanks for correcting me. Is there an AIM rule that says it has to be by 7am on that Friday?
8 days!!
And $2k palladium to boot.
Dmitry will never accept such a low offer without corruption getting involved.
We can just get Sinosteel on the phone at any time and proceed with production if we don't get what we want.
If it puts your mind at ease the Bod have left themselves exposed for a clean cut legal case against them if it really did all go to ****.
But it's not going to happen.
EUA has been listed on AIM for 24 years.
It simply is not going to happen.
I'm sorry but you're going to have to be more coherent than that to talk to me.
Good luck to you & your AMC shares.
Nobody likes a deramper.
AMC isn't a mining company and has an entirely different business model.
Anyone who has studied this share inside and out will arrive at the same conclusion, which is a sale of MT for rather a lot of money (more than most on this bb understand).....and very strict NDA's that restrict EUA from communicating with its shareholders until a very precise time.
MT is 100% sold. It hasn't been spoken of in months and we're clearly not working on it any more. Mining season is now and the company has provided no such information to us as regards operations.
Why they're no allowed to say, I couldn't tell you that. But the rest of it tells its own story if you read between the lines.
The best RNS's this companies provides are ones that aren't RNS's. They're things that are not said and lead you to proceed by process of elimination, and Tweets etc, however sporadic.
If others have noticed, the correspondence the company are now sending out to PI's includes a new footnote stating that the contents of emails etc are not to be shared with anyone or anyway, including chatrooms.
The contents of said email are very positive for me and so for the investor out there who isn't a deramping wally, nor an over the top investor......put your anxiety to rest. Everything is going to be fine, and then it's going to be more than fine.
Go and have yourself a lovely weekend!