Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
@max111 loses an argument with HH then states 3 facts of which 2 aren't facts😂. He always posts facts with his own opinion included in them and expects people to take his opinion as fact also. When actually it's just absolutely total deluded nonsense
max111 was quiet for a couple of weeks and the price actually ticked up a bit. now he is on here singing and dancing absolute nonsense again, i dread to think what's going to happen to the share price next week.
that being said i was pleasantly surprised he kept to his own deadlines when publishing the han**** drill results. however i still expect another placing before any significant rns, so will still hold off topping up
ok max, we will wait and see if this dfs is completed by the end of the year. he also said that han**** inventories will be upgraded in the next couple of weeks. lets see when these come in. for what it's worth i predict han**** inventories some time in november. dfs q2 next year.
he doesn't get his performance related shares by achieving a specific share price, he gets it for completing certain milestones. not sure what you don't understand about that
I think you might need to listen to the interview again max 🤣. Didn't mention anything about saving on capex. Said the industry average to complete a DFS was 12-24 months, even if it's easier for them to complete that's months away. Didn't mention anything about his performance related shares, which he gets regardless of share price.
1p-2.5p is your prediction on the future share price and we all know the quality of your predictions!
so sounds like the only thing we can expect this year is minor increases to the han**** reserves and a placing in q1 next year. share price will be well under 0.1 then but at that point think i will also add significantly to my shareholding here.
They had a meeting with KNAC at the end of July, when they said they would have a better idea of the timelines. After the meeting they put their timelines back considerably and announced the where starting a flora and fauna study. So one can only assume this is mandatory to be completed to get knac approval, which they didn't do. Not really something a competent BOD would miss, that's the reason for the criticism.
@ cjmorley, if they would of had the approvals granted last month they would have done their job correctly and deserved the praise. They didn't because we can only assume they missed the flora and fauna this a big mistake and rightly so they are getting criticized as this has put production back by another 8 months and they only have money til last them to January. So I am missing your point completely!
@ smiller. The problem is they have stated in their timeline that they expect all approvals to be completed by the end of Q2 2024, yet in the RNS from the placing they said the money was to cover wages until early 2024. So the chances of them being completed before another placing or loan is due is very slim and that's before you even take into account the BOD inability to stick to their own timelines.
Why are you conversing with him 5x5. You say you want decent conversation instead of bickering! Now you've put it in his head that alien has a load of lithium and he is going to be posting lithium prices everyday and reposting RNs's where they allude to potentially/maybe have some lithium. The best way to get decent conversation on this board is for him to leave.
What information has he ever put up that's useful?? When capstone pulled out of Mexico because the found zero copper, not less copper than they thought, ZERO copper. Bill hired a geologist there, rented property and did another round of drilling. It was an absolutely terrible decision fueled by arrogance and Max spun it as the greatest thing since sliced bread and you all bought into it. He probably posted loads of links when he was doing that spin but it's not useful in the slightest, it's total nonsense supporting his agenda, but if you like it crack on.
It's a shame to see max here again this morning. Was hoping we would of seen the last of him. I personally believe the board should be a place to discuss both positive and negative points. Seems like we have to deal with that prick policing the board for a while longer
@tacet no didn't make that kind of money. Put 10k in about roughly £2 and took it out about £3.60. got stuck in evraz for a while after that, made an ok profit but was down for a good while. Lost a bit on crypto, I got lucky with alien really had a lot of shares at a high price average down a little. But took all the money I put in, out after the Elizabeth hills bonanza grades, left me with about 400k shares here. Been putting off another big punt as thought we might see another crash with the interest rate rises but that seems somewhat to been avoided so may look around for a few opportunities over the next few months