Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
When the deadline date before we are shut down
We ain’t getting anything the last RNS just shows how much of a mess the old and new board have done with this, won’t make it to a BIT claim
It’s all sounds dodgy this movement of the BIT claim, I just don’t get why it’s been moved and there hasn’t been any reason that make sense why it was moved from one company to another
Looking at this now with all the changes to agreements and swapping companies, the actual payout if we get anything will be low, it seems like they are setting up to do a low deal rather than fight this, a kind of pay us this small amount and we will go away, then they take a massive cut and leave the bonus shares almost worthless
As for PFP and the RTO this seems to have gone very quiet now and looking more uncomfortable towards the deadline date
Share seems to have imploded in the last few weeks
If we get anything it’s a bonus personally we might get a few hundred quid after they take massive fees out
So the claim is in and we have started the ball rolling, so between now and 5 years we should know something
Let’s just hope it’s 7p a share
Why would they pay £1M then do nothing?
Reply is days not weeks to BIT announcement of activation.
Was the new CEO, I’ve emailed him again for an update he usually does reply and I’ll post anything that he sends
I’m told that the value of pathfinder when it goes back on line will be 4 x the value it currently is so 1.2p, the number of shares you lose because of dilution I’m told will be the same as the increased valuation.
I take this as (a guide for ease of math) 1M shares now will be 0.00275p each , new valuation at relist you will have 250k at 0.012p each , therefore your gross value will be the same but less shares.
This might not be the case but I think that’s realistic and the value should increase once the Tin mining begins etc
Pathfinder and AAG , the claim hasn’t been done yet only a week to go
They are still in dialogue as of yesterday so I was told
Ur best just going through the RNS
I was told they had till the 15th Jan
That’s a massive dilution at 85% and the opening price needs to reflect that loss so effectively you still have the same value invested, it surely has to open above 1p
How long is the wait!
2024 is a huge year where all the share holders will become quids in, years and years of waiting and we finally get the cash we all knew
Does this mean that the shares are back trading on the 27th December?
So what the next stage? And how long we talking
Daydreamer