Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Remember all the misery fill your boots has left behind,spiky spot on
No offer is ever locked in as there are a multitude of clauses to withdraw,AAL have realised the drag on their need for capital investment estimated at 10% a year.If the offer was locked in at 5.5 it would stay at 5.5.look at the market view on AAL not a good sign
Banned again?
I do not care about sxx I got out with a very small profit but these bxxxxxds have shafted money from investors they knew were not savvy it's legal but they should burn in hxxl
There were so many options and collapse was not certain.Mothball the site lay off every one secure the site and wait sh would have stumpt up as long as the management gravy train stopped.This outcome only benefits???.Christ it could be a long term investment with a mothballed site ticking over and how much would that cost.Its bloody criminal
Dont quote rules they seem absent with this share.If ever a company went to the razors edge of legality it's this one
If a sniff of other real interest given the secrecy history LOL of this shares board you would see certain people filling there boots and sp jump instantly
Any one who maintains the falicy that self interest is not a main driving factor is delusional the board acted for them not you
Can anyone give advice on why as I am not to clued up on short contracts sxx are still 2.13% can they not close their position?
Sorry I meant every body excluding the people who provided the means without which it would never have got this far and who should despite the arrogance of the AAL COs comments have been offered an olive branch.But sxx has always been capitalism in its raw form in fact it should be included in any business school curriculum it's got the lot covering a wide spectrum of lessons
It was plain from day one this management has handled the project so badly so financially inept so barmy why???.Who would drive a car at top speed at a concrete wall and that is what they have done why???.Every one in the city new it would not pan out.IF IF AAL go though with the purchase and they do not mothball it they will have been assured off line that they will get goverment cash in one form or anotherand every body will jump for joy.
Wonder if they will go under a price support of 2000p it's a psychological one as well as financial if I was cf sweat would be starting to drip.Seems AAL sh not to sure it's a pot of gold.-10% in weeks and a world economy on the skids.
The avalanche of cheap money has no were to go except stocks other wise AAL would be no were near this price
In just over a year AAL have gained over 33% over 7 bill.since sxx they are down 8% approx when the market pops they will loose half their value as most sh of mines are speculators waiting for first signs of downturn the bull run can not last and if things go pear shape they will bale.they have only gained a ridiculous sp because money has lost value thanks to the barmy ECB and fed
Bet they mothball the site if world economy goes txts up
Always steered clear of minerals if memory serves could buy AA for under 350p 4/5 years ago may be less zoom up zoom down.recon sxx will be Eldorado always round the next bend
little comfort but AA down over 10% in a matter of weeks all that glitters? that's one hell of a drop
Cyprus resident ?
And if they do persuade some to do equity swop like that stupid MP suggested unless AA shares heavily discounted for sxx shares why not put the funds in a good quality divi paying share instead and not from the cooking fat to the fire
AA will rue the day it brought sxx mining can be brutal.no other industry can be as volatile.the capital expenditure will have to come from where they are making a good profit to fund an unknown project.dont let AA size fool any one.This is the longest ever recession free span and when it does come as it must mineral miners will be hit worst it was the wrong time to buy it's easy to forget AA was 500p in 2016 went up with the boom and will go down with the bust if I had AA shares which I do not I know what I would be doing