Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
bcl42, it would be good to know that he is prepared to take the hit until his business shows some significant progress, in terms of market value.
He should be taking his salary in shares at a 5p price until this improves. At least then we will know the he is honestly looking to improve the SP.
Short term LC can save face buy getting an SDA over the line with this "new company" he has spoken about in the last RNS as it pretty much looks like Sepco are not really interested in Moz and Bots. This will at least bolster our cash position for the next few months.
That being said the market doesn't want to see an MOU with this company. The market is sick of MOU's. We need actual $$'s.
Any licence award will be a welcome surprise too although not in our control.
From my point of view and research absolutely nothing has changed... we are on the verge of moving into phase 2 of the tender process... patience as usual. i know this has been said before but absolutely bargain basement prices going around. A company in Moz, with only a single project & planned FC for mid 2020, is currently valued at 1.5x Kibo.
That's why I don't trust anyone on this board. And don't expect anyone to trust me. Every man for himself. As far as I am aware there is a possibility that XP is Chimp, or Sonic. Who knows, who cares? I don't see an 800k sold. XP mentioned it after sales went through already. Very convenient. As mentioned I'm not making any judgements yet until I hear the 'research', and it is properly validated by others on this board. As far as I am aware the coal tender is still very much alive. If XP provides us with conclusive research telling us Tanzania is done and dusted then so be it. I don't see anything yet though.
Lol "Can't really go into it as I'm sure it will be deleted" I will give you the benefit of the doubt for now and not say you are talking total *******s. I'm sure u can tell us, I'll screen grab it and repost it if it gets deleted.
Yep GE agreed to pay 400Mil Dollars for 20% of the Lamu project (that eventually got canned). Who wants to bet that LC is currently negotiating with them as well for the SDA... They may be in trouble but if they can pay that amount for a part in lamu why wouldnt they pay a tenth of that for our SDA?