Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I would suggest you look at the case of Ienergizer and how they managed with a 50% plus holding to totally and legally pull he rug on all of their other shareholders including several II's !!
Frankly the complexity of what may be going on is typical of soviet style thinking/politics but I dont think this is ever likely to hugely benefit private shareholders -- but I just cant understand how the Orazimans are going to benefit from it all ?although its clear they will ?
Davey - that just makes you a smart guy then doesnt it ! There are many here that wont look upon your comments as cheery news....
Davey - its pretty easy for any share to have a 'good-run' from sub-terranean levels. If you are looking at it as a pure trade - then good. If you are looking at this as an investment then not so dam good as it was once 15p !!!!
10p average here is almost a miracle !
We've already missed a DFS date twice and if we miss a third time it will be very bad indeed !
I dont think Leon is a Bot -- his posts arent consistent with an AI, but I wish I could figure out his agenda - assuming its not mental illness which I couldnt figure out !
What this needs is far greater exposure then there would be dozens rather than A dozen people trading it..
I thought people retired THEN did this !
Well this has had the bullocks traded out of it today but ended well - but no champagne till at least 50p really...
Flawless was a freekin menace and I'm glad to see the back of him !
Adrianz - I do believe you've hit on the most important function of these BBs and its not getting investment advice !
Auditors are in the spotlight in the last couple of years for failing (or refusing) to spot major aberrations in accounts (eg the London Capital Finance fraud) and are now sometimes refusing to take certain clients - this could be the reason, they had to get auditors with poorer eyesight !
"I am very successful Investor & know my business." - If you were I would be tempted to say you wouldnt invest in AIM -- not many institutional investors do
Well if there is no DFS by the end of this month one of two things may be happening :-
1) Deliberate tactic to supress SP further for acquisition (3 failed CEO promises of DFS)
2) Cash raise to pay for additional DFS activities -- oh this is similar to item 1) !!
Wise - to play devils advocate here KDNC and BCN the former is supposedly worth many times its MCAP because of its hugely valuable stake in Amapa and everybody has been underwater for years and in the case of BCN -- hugely valuable resource sold for a song to the Chinese with a suppressed SP and now worth nothing because the Mexican govt have nationalised strategic resources. AIM is a casino an NO research will anywhere guarantee a good outcome. I have made good money here when it spiked to 90p ish and on paper the resource looks good, but what do you do about a management team who cannot complete anything ?? Another point AIM investors forget is you may hold a share for a decade just to make say 150% profit --- there re many ways you can achieve this a lot quicker and a lot less risk free,,,
What is you motivation for de-ramping this share -- are you a kindly chap that wants to 'save' us all ?
"I prefer INVESTMENT approach base on FUBDAMENTALS and timeframe to suit this " --- Normally I would agree but how do you do this on an AIM junior that has no revenue/profit possibly no PFS or DFS no offtake agreement and no solid finance in place -- with only the reassuring words of a CEO and a loyal band of share cheerleaders ?? After well over a decade of AIM investing I would say this is a near impossibility as none of the info you REALLY need is available if its not in an RNS...
A share with a huge bid-offer spread like this and tiny volume makes the up down % look strange on any trade the way a lot of charts present it IMO.....
"had parents who were ' Generals ' under the old soviet system" -- this is why the Soviet military were all about quantity rather than quality -- because anyone with the right connections and a love of uniforms could be a General !