Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Such a stupid post.
The current value of the company is supported by GGP. which means the remaining assets have next to no value.
This of course is absolutely wrong. The assets have tremendous value just aren't as liquid. If you wanted to buy and have liquid assets then you should have gone to Starvest (SVE). Who are currently trading at half their NAV.
So essentially PRIM is outperforming them as well on solely liquid assets.
AC and the board have my full support albeit through a modest shareholding
Really? I dont think the company is at fault for having over £9m in assets, and only a mcap for circa £5m.
How does anyone on the BB propose solving this? The only way I see is to use some of the profits buying back shares. Which personally I would prefer to see invested in other liquid assets.
Personally I'm not a fan of the hostility.
AC has done a great job and all the positions are set up nicely for a long term growth trajectory.
GGP should be held until it is really recognised. High price of gold and assets still being developed! GGP, as AC knows very well, will be massive.
The current board would only seek to dump the assets and pay themselves big bonuses for doing nothing essentially killing the company in my opinion. Not a fan of this.
This is the kinda of connection that makes me a bit sceptical. Someone appears on a board a few days after a TR-1 of a sell and then goes quite the day before at TR-1 buy.
If you're that connected to the market, why are you posting on the BB if not to run some agenda? Increasing traffic to the share of your choice resulting in a share price rise...very suspect.
I did, it is very obvious there is an agenda here from their initial post. Made an error investing in the wrong horse - this has a lot potential as many can see from my posting history - I've been here a while.
I don't want to see a pump and dump orchestrated on a share that has been so long in the making!
Wonder if there is going to be any comments from Dana - or as I eluded to, they've got in for a trade took the share price up and now don't have the patience for the eventual rise that will follow. It is a shame really.
I mean, most shareholders knew this already...we have been watching the price bounce up and then trickle down and repeat for at least 2 years (my investment time), patience is very much needed but the value is definitely there!
Seems to have gained a bit of ramping here...wonder how long this will last. Nice to see some highs though!
GGP down - PRIM up --> profit takers yet to be seen. A lot of new names here so I'm doubtful they'll be around for long.
It is him running it, we've spoken about it before. Personally I love that response. You can't knock an investment that has gone from 1.7 to 10 and the top slice. If we have completely sold out then there would be scope to comment but on this occasion. Nope!
I mean these grounds are most certainly not part of the planning decision. Approval from everyone has been received bar the council who are, at best, clutching at straws.
I would fully expect these to be brought up once again and the officers to re-iterate the advise of planning authorities. It is also in their best interest as the future "green" plans UKOG have automatically counter any environment issues that arise.
Exactly. Dividends at £20m.
Which is a circa 4-5x return on the current prices. Plus a 10% buyback. However I dont foresee this happening this year unless there is movement on some of the investments. Ggp going to 20p, Engage value update, RTO of WeShop, etc. All of those will potentially trigger a buyback matched by a boost in sp.