Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I was thinking about this scenario this morning.
Is it any different to borrowing to invest in your own company to increase revenue?
There are always risks, as long as the process has properly thought out and researched then why do people have such a problem with it?
If the FSP had been closed and there wasn't any hint of a deal on the horizon, surely UBS et al would all have abandoned ship and that would had have to been notified in the RNS as well?
As they as they are hanging around so am I lol
"Follow the money" - Lester Freamon
Really doesn't bother me tbh. Due to NDAs etc there probably isn't anything the board can tell us anyway at the moment.
And they obviously aren't bothered about the SP or sentiment elsewhere as they know what's coming, and it's big.
Chill, until you hear otherwise.
I'll admit my research skills are limited, so I work on the following logic.
There are no saints on this BB.
Anyone trying to convince me to sell either has an axe to grind from losing out previously, it wants the price to drop for thier own benefit.
The fact they continue to try and convince it's all going wrong tells me they don't think the price will drop on its own accord.
So in essence, the harder they try to knock it, the more I believe it won't go down.
The way I see it any potential buyers have had enough time to determine whether we have anything of value. If we hadn't, they would have walked and we would have been told the FSP is no longer happening.
No company with assets would have been dicked about over price this long, and no company looking to buy would take this long to discover the company has nothing worth buying.
This is one complicated (potential consortium involvement) and hopefully large deal (no stone left uncovered)....... And I would like to think life changing for a lot of us.
GLA