Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Give out to good causes from profits not investor money in was not invested for that if I want to give my cash to charity it's up to me not sxx
I mean come on giving millions to good causes and they have yet to make a penny profit were was the board in agreeing to that nonsense
Our window cleaner Bragg's he never forgets a customers face but he makes my wife the exception
Yes and I lost me 100 quid bet bugger it
Were indeed,in us politics is ruling the fed,yanks trillions in bond dept to Chinese,two thirds of the real wealthy being advised to bonds,short term bond rates good as long term,massive over valuations look at a company who sells pedal bikes in your bedroom at 40quid a month now 40%up on a fad that will drop through the floor when common sence dawns,stock markets loony highs and an age of low returns coming when company's can drop divs it can't last
If there was no upside it would be 0 instead of 3.58 but I think they will get to 0 if they keep on trying.Anyway I am off to take me tablets for illnesses caused by keeping the Bill's of this world in a job who are a lot healthier than me for doing it
If your an md who every one likes you are not doing your job
Yes,they sit on a goldmine and boulby if that's how you spell it proves it.They have the land the planning permissions and many things on the plus side but a management that went off course.business is to make money not to think your on a mission to save the north east.You can sit and worry about what will bill do without a job while your company is hitting the skids when what you should have done is get rid of him you are not there to promote good causes but make money.
If santas grotto makes money yes,what do you think business is about?,he carries to much baggage all management of a failing company do that's why they are failing.sxx should and would not be in this position if they had used the cash differently in stead of heading down a path that had to be a dead end.They carried on as if they had unlimmited resources. You can have a rolls but it dont go if you run out of petrol it's just a pile of scrap.To many in sxx have brought into the myth they themselves created and if clueless look at the 3p sp.With what they have had to work with our money and lots of it they have been clueless.Do not get me wrong sxx has been very very successful for some just not for those who financed it.
Now a small business point of view,sxx is on the ropes and worth 250m so clear the site of everything but Maintenance staff for safety and tunnel upkeep.Reduce management to absolute minimum and cut the wages of the rest.Develop a complete root and branch assessment of the situations with a view to produce any cash flow to sustain the above plus the remaining cash will last a lot longer without a lot of unnecessary bloated management.Get an independent manager to do the above who cf cannot sack to be ruthless but most of all get cf to wake up and smell the coffee he is not ICI and come from the prospective he should have from the start instead of acting like he had a bottomless pit of cash and if he can not get rid of him
Came in again at 4p with 5k and expected it gone by now so hse who knows but the gods
That's why I did not mention it by name ches,but luck plays a part sold voda because of my 2 week election rule at 154 now at 144 so will buy back in 2 weeks after 12th if still in the doldrums just luck.But 2 rules I never never break cept sxx.Director buys and shorts,if no director buys and above 1.5 shorts I never ever buy no matter what the recommends are and then fundamentals it saves time
You remember that oil company Some one referred to God bless em,so far up about 2k over 6 weeks on day or very short day trading which I had never done before.Its a pass time but one that is enjoyable and I even made 300quid in hospital which was a God send to pass the time,anyway as I found it on here and it's free money me winnings are all going on sxx
Some years ago the fool was well respected in finance but were brought out .But it's a shame you see on here a reflection of the country people insulting each other for what is there some satisfaction in replying with swearing or disparaging, feeling good because you make others feel bad I prefer not to insult as it only reflects the user and there basic knowledge of english and a wasted education
Bread line not headline sorry
If there was profit in lorry loads cf would have done it on day one.If there was even the remotest sniff of further finance ar a partner the city would know and shorters would bolt.He is going to come to us for cash and his comments were meant for us pi s but the pi well is nearly dry.He thinks he can raise the much lesser amount from us but it will not work as all enthusiasm is gone.I hope I am wrong for all those with much much larger stakes than me
I often wonder what would happen if most people put their money into the market instead of .0005% bank accounts. Would the whole western monetary system would collapse.? No banks and all the rest of the institutions that live by paying nothing to those they entrust with their money.Dread the thought
I had no objections to persimmon boss getting 74million bonus because I bought at 13 and sold at 28 but what have this board done to deserve the salaries they have payed themselves.They have acted and spent like they had resources of BP or ICI they were just a start up for pittys sake and yet have acted like they were a footsie 100.To carry on they should get rid of most of the board and cut the pay of the remainder they are not needed you need men on the tunnel not shiny arses.They have to start smelling the coffee and think of all the small investors who have put there hard earned pension money in not grand donations to good causes
I am in for the long haul but can be some what detached because I am only in for 5k but I concider the update smoke and mirrors with the sole purpose of eventually asking pi s to stump up more if there are savings of such a magnitude why think of them now.? a co of most companys would have faced the sack if these ideas had not been studied at the project start or when the bonds were offered.To cut costs and bring production date forward just thought of beggars belief. Wait for the begging bowl but no more from me
Shale I agree with you but your talking financial sense but time has shown it does not apply to this share.I am not saying it's the case but does cf think it's worth a try and we are in effect lenders of last resort.If its crowd funding let him come clean and I will throw in a extra few quid but not just to fund the boards life style