Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I'm far more positive having seen recent developments.. new assets might dramatically reverse zen's history of complete failure in azer.. could say getting rid of azer was a deal of itself imo... think AC truly believes in what he's doing (buying tons of shares) and a strong dealmaker with high-level contacts (getting tilapia for only 1 mil).... big mistake was underestimating azer challenges and losing credibility in the markets as a result.. all will be forgiven if new deals come through..rewards could be spectacular considering current pricing if so... I'm down 60% and taking opportunity to average down
Iāve also checked... itās not 1.8 million Canadian... itās 1.5 including about 500kās worth of stock options called share based payments ... salary is Ā£210k plus benefits.. by my calcs, considering conversion rate, he made about Ā£350k ...excessive to be fair if you factor poor results but nowhere near numbers youāre quoting..
Added to my holding today..you can write what you like fellas.. just doubt anyone will take what you post seriously as youāve just sold out at a loss.. why youāre still posting negatively on a share you no longer hold to the detriment of existing holders baffles me.. anyways for all my sins I see plenty of value from current levels.. quite upset as Iām down over 60%.. capital at risk as they say...
Zen have always been trying to complete these kind of deals.. Anyone remember the aborted Indonesian deal?? Think itās just a case of better opportunities elsewhere and I canāt disagree given that Azer has been a disaster.. Weight off our shoulders imo