Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
personally I'm increasing my holding
https://www2.deloitte.com/uk/en/pages/press-releases/articles/business-confidence-bounces-back-for-cfos.html
its no where near 11m
facts are indeed facts and you need to check yours. you seem to just be making them up
https://www.statista.com/statistics/269729/documented-civilian-deaths-in-iraq-war-since-2003/
https://www.statista.com/statistics/269037/responsible-for-civilian-deaths-in-afghanistan/
It's been suggested by others on this board that the co. should be wound-up and all the cash distributed. This is an idea I'm starting to think is the best option.
There is actually no other viable option on the table at present. The AMC website still says "Amur Minerals Corporation is a developing mineral exploration company focused on base metal projects in the far east of Russia." FFS
There is no plan for what comes next... and even if there was then who would trust the bod to deliver against it.
When we receive the cash, assuming we have about 5m remaining from the Nathen River sale... that should give us about $40M cash in the bank. No debts no assets.
With 1,394m shares in issue that's 2.8 cents or 2.38p per share.
Surely that would be a reasonable valuation until the divi is paid.
Can anyone see that happening?
Or... is faith in the BoD so poor that a co. will continue to be valued as it is?
In my view the share buy back is a good thing. Its shows confidence in their own future and spare cash available to investing themselves.
The fundamentals also look good. Divis @ about 5%,
2022 profit more than double that of 2021 and the best for 5 years
SP at a 6 year low, even though profits are at a 5 year high.
For me this is a buy… so I’ve bought some.
Tricky, you serious think I'm trying to do something... ? Other than converse... I previously thought making such accusations would be beneath you.
"Suggesting the buyer is responsible for all of this"... FFS...
Do you .... can anyone ... seriously hold the buyer or seller responsible for any of this?
I don't believe either party started the war...
Bye
TDT2, sure ... plenty of company's have sold their RF assets... and in these cases would you happen to know if it was the buyer who got the buyers cash out of Russia....
or was it the seller who got the buyers cash out of Russia ?
Perhaps that's an over simplification... it's not getting the cash out of Russia that's the problem... (that's been approved but Putin himself I believe)... its finding a western bank able and willing to receive it... perhaps that's something RY could help with... perhaps RY could do more.
But as always the onus of payment is on the buyer...
hi... the problem is that Russian money is now dirty money and no bank in the West can touch it.
So who is best placed to find a way to clean it... any kind of round the houses route... transferring money to Belarus, then Switzerland, Cayman Islands etc.. so it eventually turns up in a legitimate looking account that we can accept funds from must surly be down to the buyer to figure out.
The other possibility is that sanctions are a policy and can be waved, I would think... with special permission from the foreign office... If the foreign office says a UK bank can accept it then I'm sure they would. Perhaps making that case is something Robin could be doing.
I want my divi also...
bitter regrets for not selling at 3.5p this time last year... greed on my part...
Desperately hoping this deal will come of....
But if the buyer cant stump up the cash... I'm sure we should blame the seller
As I said earlier... what I would like to be hearing about is a plan B... ie we have our mine plan coming together and we will meet that key milestone... or has the mine plan been abandoned as all our eggs are in the Spiv basket
perhaps spiv wasn't ready in October...
maybe the lawyers were still messing about
either way, I don't think we can blame Robin for the impact of sanctions...
Why cant Spiv take it upon himself to get his cash out of Russia? Open a bank account in Cyprus... via third parties... whatever it takes.
I don't see how the cash flow problems of Spiv are something Robin can be expected to help with. Its Spiv's job to get his cash to a place where he can use it.
What I would like to be hearing from Robin is that the mine plan is progressing and will meet the deadline for delivery.