Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
All the best, stay safe and GLA
Lubs
I have a life and have made money on some investments and lost on others. I have followed numerous chat lines on LSE over the last 7 or 8 years and comment where I feel it is appropriate.
This is the first time I have seen anyone expend so much energy on a share that isn't listed, that you have no chance of ever buying into (except you can have mine at 1p a share, as long as you buy all of them) and should, realistically, have no interest in. What motivates you to waste your time here?
If the share price had risen this much without any news the company would have been required to issue a handbrake RNS. Pity the reverse doesn't seem to apply.
I see a little bit of blue in Paris
Good RNS but no meat. The market wants to see the hype showing on the bottom line. Looking forward to a financial update.
100% correct Simbo, LTIP is required to be mentioned. This was a personal decision to buy shares in a window of opportunity.
Raking it in.
What we do know is that there is no takeover in the offing, GM would not have been allowed to trade if he had an offer on the table. So his purchase is based on revenue. We must be taking it in.
Assuming that the vaccine will work (a big assumption) and that it can be made produced and administered at, say, a rate of 50m a month, then 600m people will be vaccinated next year. That still leaves 7 billion people vulnerable. That's a lot of testing to be done.
Just like Trump the virus will still be here next year and the demand for tests and testing equipment will be high. Take a deep breath, count to ten and relax
Very quiet indeed. Gla
I don't comment often on things but....
I have made a lot of money on AIM (QPP) and lost a lot (FRR) and have a large holding here which is doing very nicely thank you. My one bit of advice to AIM investors is do not trust one word from the pizzamann (TW) . Dyor and don't believe at a word that he has to say. He is the same as the Sheriff of Nottingham, only in it for his own gain.
If a shareholder wishes to challenge Zaza, either directly or through a third party journalist or analyst, that is their prerogative. If that shareholder has the decency to ask the rest of us for input we should assist with positive contributions. Something has to be done , that is for sure. I, who have a massive shareholding in the company and much experience in mineral exploration, don't have a gut feeling as to how to deal with this. I wish I did as I took this on as a massive punt and , funnily enough, still believe there is a chance of a positive outcome. But where to from here, I will support any reasoned approach to securing a comms channel with the company regards of election dates etc. So, if you are going to give Zaza an ultimatum, make sure it is reasoned, has a non-negotiable back stop (or know which respected analyst or journalist you are going to approach to take up the story) and go for it.
All the best
Lubs
Is it a simple vote or by number of shares held? If it's the latter then I think Mole and myself probably control situation amongst current posters :)
Hi all,
My tuppence worth, that's what my shares appear to be worth.
FRR has never been a typical AIM company. When it was listed we never heard a thing until the pressure was put on and the Zaza era started and we received great comms. Those were probably part of our undoing (if you believed the reserves that were being discovered) because every one wanted to be in on it. The Russians couldn't believe what they had left behind, the GG got greedy and tried to renegotiate and, worst of all, we had an internal squabble with Hope/Outrider trying to stage a palace coup. All of this combined set in motion what should have been the demise of FRR had it been a normal AIM listing. But, here we are 2 years on with still a glimmer of hope that the Phoenix might rise.
Maybe it is time to do something to tip the balance. The involvement of a journalist or respected analyst (Malcy?) could be the answer. The basis of the proposed letter looks good, I would include more on the Outrider squabble as I believe Hope was inn serious dereliction of his fiduciary duties. I think the key to getting an answer from the company will be in the choice of who the letter is sent to.
Just my thoughts.
Stay safe
Lubs
FRR has had more twists and turns over the 6 years that I have been a shareholder than any LeCarre novel. One day we might get to the final chapter (and live happily everafter). GLA and stay safe.
April 22 was when Trump signed the deal with J&J
Coronavirus is discussed in the video at 7:20, therefore it is a recent production.
Very small chance of it happening particularly if you are over 60. Us "oldies" are being kept under lock and key, not even allowed out for exercise. The only hope will be if the government has to backtrack quickly because we all start rioting like is starting to happen in the States.
Loads of new faces, some of the old. Hope everyone is doing okay. Just going into week 5 of lockdown here in South Africa and am bored out out of my skull. It is 6 years since I first bought FRR , almost to the day, and I don't know why but I am still optimistic. Maybe something about not fighting over an empty barrel.... Anyway, all the best everyone and GLA (especially the LTH)