Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
This resolution is put forward at the AGM every year. Its nothing new. Its good that it was voted down though as it means they cannot have more shares issued without explaining to us to whom and why they are being issued and requesting our approval
You are presupposing that we won't hear anything coming out of the EEF which starts thus Thursday.
The TEO was submitted long before it needed to be. They had until December to do so. I would question why now?
Yes, this is massive news and is not being fully absorbed due to the fake funding news pushed by Tad.
The fact the TEO is submitted derisks us further. The share price dropped last year when the TEO wasnt submitted and people thought there was a real risk of losing the licence.
The TEO is a mandatory document required by Russian of which the licence is subject. Being submitted is MASSIVE news and this will be reflected in the share price in due course, no doubt.
Let's just all finally agree that Amur Tigers/Tad/QRR or whatever they call themselves this week, hasn't got a clue and anything they post should be disregarded.
This is not the first time they has posted and hyped documents that they said they uncovered. In all previous occasions it turned out to be nothing but hot air.
How is your case with the Russian Government proceeding tad? Remember, you were to out AMC for with holding price sensitive information.
I think the timing of this RNS is telling. AMC had until December to submit the TEO and going by past performance they milk things until the very last minute, so why the change now.
The Eastern Economic forum is a couple of weeks away and this all seems timed to coincide with that in my opinion.