Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Davide1 did you get an email stating this tax liability was definitely not owned by STA?
If so and things stand it is false and should be sent to the address I posted, simple.
The entire thing reads as a total sham.
Is it any wonder they dragged out the release and tried to bolster this shocking situation with their RNS yesterday?
How on earth is this being allowed to conrinue?
Surely it can't for much longer, they are Bust!
Davide1, did you take my advice yesterday? It seems as Tesla1 has said their email to you is not exactly factual imho.
They'd be well and truly Busted then wouldn't they? :-P
Davide1 to save you looking why not sent your email from STA to the tax appeals office in Trinidad (txab"at"gov"dot"tt) and you can post up their response as to whether STA have any case to answer still first thing tomorrow?
I'm sure others on here would believe them rather than someone on the STA payroll.
I'd believe anything from this company so long as it's to keep the gravy train rolling for the few.
In all seriousness why would they not have put out an RNS to close the issue out to the public when it's an obvious positive? In my opinion the liability stays with them unless agreed in the contract of sale.
You may want to forward said email to the authorities in Trinidad to ask if the information contained within it is correct.
I totally agree with Tesla on this, if the company cannot release an RNS on something as important the tax liability status then there is no way on hells earth I would trust an email from them.
Mind if anyone has an email stating they are no longer liable and they are I hope the proper authorities get a copy of it.
It certainly is an odd share board when people only post when the price rises based on thin air.
Nothing has changed here, still no business or revenue stream and still people fall for it or try to defend it, unbelievable!
Yet another pile of bones with no meat on them, no doubt to gloss over the poor results they will be releasing this week.
All smoke and mirrors, sleight of hand that Paul Daniel's would be proud of.
STA now have 3 days left to release the half year report that should have been released last month, taking this to the wire does not IMHO bode well.
I also see there has been no further announcement regarding the final payment from Land Ocean so assume they are in arbitration now since the 12th April deadline has long gone, worrying that no RNS has been released to at least update the shareholders on the situation.
It looks to me like someone with a vested interest in this has been doing their best to hold the price up. Just look at all the sells interspersed with a few larger buys as soon as the price drops or looks like dropping, it stinks IMHO.
Well looking at the huge spread here if you were stupid enough to buy the price at the current spread would need to increase almost 25% just to break even with tax etc. added so no wonder no one is buying.
I guess that those not selling are just hanging onto the hope of getting something back, a bit deluded IMHO given it's worth less than 2% of what most probably bought in for pre consolidation. That and there is no business to be had here, not unless your business is threatening court cases against entire countries and trying to get money owed from companies that are practically broke.
It will be very interesting to see what the next RNS says regarding the state of their accounts.
Is it just me or does it feel no different under the current regime. Money is leaving the company and there has been zero progress and absolutely no business opportunities, certainly none advised via RNS since changing from RRL to STA.
Don't forget the opportunities in Puntland, maybe Elon Musk can utilise the airstrip for Space X.
Who was it delisted yesterday?
STA could see the same fate a week on Fiday!
Add to that a consultant put in place last year and advised via 10th Nov 2020 RNS. That alone has cost shareholders $65k so far, for what?
Not one new opportunity in 5 months for $65k!!!
Way down on 12 month, 6 month and 3 month charts.
Seems at least one person has seen the light this morning and sold 111,000.
Good volume today unfortunately approx 95% sells, seems people are starting to get worried about what is going to be in ( or is that not in?) the delayed half year results.
Way down on 12 month, 6 month and 3 month charts.
Seems at least one person has seen the light this morning and sold 111,000.
Good volume today unfortunately approx 95% sells, seems people are starting to get worried about what is going to be in ( or is that not in?) the delayed half year results.
Another drop today, does someone know what's coming in the delayed half year results?
Now worth less than pre pandemic, no surprise really as they produced nothing then and still don't. I reckon the defence for Georgia, should this end up in court (not likely imho), will wipe the floor with them based on that one fact alone.