Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I also expect that once the glen loan is fixed either by renewing it or by giving them shares, that the price will rocket. this is also due in q4 a loan is to be paid by 31 dec, so some deal need to be done in q4 on this one also
The asset is so difficult to give a valuation as potential are so big, but there is also risk in investing in countries in Africa.
I have been holding and building a rather large position the last 4 years, and I believe maybe the hopeful once dreaming for 2-4 GBP are on the too optimistic path, but in my view, anything North of 1 GBP would be acceptable and more than realistic. will show I think before Xmas
Feeks thats fair decision based on history experience I guess. What I find interesting is why would management who already had yearly agreement for last 4 years to be paid their salary in share, so if you earned 150K GBP in 2019, that correspond to as example 3M share, suddenly be willing to cut their agreed wages converted into shares, by 65%. This is key in my view, as you dot do this unless you have a good idea of the real value here.
If people wants to build positions and be in before news they need to build now, as realisticly news could drop anytime between now and end of march, so next 6 month. My own feeling is,news will drop before end march, because once the shares to management team has been granted for none salaries last years, there is no need to keep this down. I think all is pre agreed with investor, Glen, officials etc, and in my view all details is already agreed in my view, when i read the RNS between lines
They will imminently fix the shares for missing salary to management and BOD. Why needs to me imminent unless this is going to be finalized very soon.... The closer look I have to the RNS the more confident I am that all is already in place and pre agreed in principle