Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
...or, own up to what is actually going on.
@Callit. Exactly. They are potentially seeing an opportunity for sentiment to deliver these funds whilst unnecessarily diluting PIs by 40%. The funds don't seem to be needed as is evident in the thinly disguised and damaging RNS from last week. Dr Cave has called them out on it. We can only speculate where exactly the raised funds will end up. Just a thought, but it would be interesting to determine who comprises the remuneration committee at RMS.
All IMHO and GLA
Then do us all a favour and cover your nose and mouth now. The air is full of them of every known element.
It appears the game may well be to list the new shares tomorrow on the expectation that positive news drops Christmas Eve and there is a buying frenzy up to the 1200 close. Expectation then builds over the Christmas break with an opportunity for 400m new shareholders to dump the lot next Tuesday. They get their profits, the company has £5m to play with and we'll be left to tidy up the mess. Dr Cave's doing the right thing as he is seeing more that we are privy.
All IMHO and GLA
Yes!
Genuine PIs who are supporting Dr Cave have made some historic momentum and it is demonstrating the value of collective effort. Sentiment is improving as we are seen to be fighting back against a BOD who Dr Cave has called out.
GLA
@1509, many thanks. I'm with Halifax and looked around the website but all it gives advice on is corporate actions. Hopefully, some posters with experience may offer some advice in the coming days.
GL
If this is moving towards an EGM, we holders, who've expressed our support for the Good Dr Cave and using nominee accounts with online brokers, need to understand how to cast our votes. I, for one, don't have a clue. Any advice out there this morning?
Many thanks.
@James1919 re the RNS Reach service.
From the London Stock Exchange website...
"Reach is an investor communication service aimed at assisting listed and unlisted companies to deliver non-regulatory news such as marketing messages, corporate and product information. It is based on the existing RNS UK-Regulatory service and has the same levels of efficiency, control and broad dissemination."
Follow the link for more info. https://www.lseg.com/areas-expertise/market-information/regulatory-news-service/reach
GL
@Larryh.
A quote taken from your own hyperlinks...
"What’s not clear, though, is whether silver can help protect against COVID-19 when it’s in mask form. These particular masks are made with 94 percent polyester and 6 percent silver fiber, and you can actually see the silver on the outer layer."
And no mention of any British or European Standard either.
Many thanks for this poor contribution. It's incomparable.
GL
@Shurething, many thanks, that’s useful to know.
And that’s probably why Dr C has started this shareholder rebellion so that his years of research and hard work can come to fruition and to reward those who have backed him and who trust him to deliver.
If this truly takes off, it has mid-cap written on it.
That will therefore need vision and leadership and to no longer be just someone’s cash cow.
Recent history show’s us that it’s time for change.
GL
Hammy,
It’s not a suspicious letter. Please DYOR before commenting.
https://www.londonstockexchange.com/news-article/market-news/18-shareholder-in-rms-will-vote-against-warrants/14800367
GL
Spot on Jarv. Shareholders own the company and not the non-holding BOD. Period.
You must act if you agree with Dr Cave’s announcement.
Proper Corporate Leadership is all it will take.
Set and maintain the objective, then lead to achieve it.
A new BOD will provide that.
If you haven’t yet sent Jonathan Hall your holding details, do it soon. There was a reason why his email address appeared on the announcement and for his recent Tweet.
Time is of the essence. Dr Gareth’s considered this over the weekend and called all like-minded PIs to the cause. It’s working. Email Dr JH now.
jonathan.hall@egremont.com
https://www.londonstockexchange.com/news-article/market-news/18-shareholder-in-rms-will-vote-against-warrants/14800367
GLA
My holding of 270628 votes are now registered too.
@Themis, no worries. Hopefully, when the 5-ply is corrected, they'll release an RNS stating three bits of good news - 5-ply corrected, all tests passed and EN standards achieved.
Themis, it's more to certify that the machine can make the masks to the EN standard as the mask design would have been designed to the EN standard on the drawing board. The modification may well have something to do with the way the materials are being manufactured and assembled which is causing the 5-ply to fail.
The interesting point is that they produced a 4-ply mask and had it tested. Up until now we were under the impression that it would be 5-ply masks being made.
However, the positive is that testing is already underway to achieve the EN certification of the machine and the product and which, once achieved, is the green light.
Oh dear. Too much news and didn't need communicating yet as time is on our side. Why would they do that?
A tactical RNS to depress the SP, perhaps?
ALL IMHO GLA
Profitseeker, many thanks, I totally agree with what you are saying. I'm hoping that once P2F is established as a mask manufacturer the fundamentals will hold true. Yes, it will take some time to achieve and we will see lots of sentiment driven SP movement. All part of the investing excitement I suppose!
All IMHO and GLA