Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Such arrogance ! Shocking . Well, we have seen alot of over optimistic projections over the years/decade and they have ALL failed, with just a couple of fools left like Noboil and Garbled.
OM underwhelming and Navitias pulling out due to a global recession like the 1930s......its possible.
Hope you prove me wrong buddy, but not a good look to treat this fairly sizeable dilution as a "good" thing and RKH is now assured. Best laid plans of mice men buddy..........
"I can only see upside from here." - There is your problem ! At the end of the day Sam is intending on diluting your holdings. Since when has diluting your holdings been a good thing ? Very rare that this is a good thing, especially with a company with a stranded asset ! He still gets paid his exorbitant wage at our expense ! He has just sucked all his share holders in for another 5 years of nothing and his wage is still good !
Ovets - They may be a worthless bonus, they are long term, so who knows. Worth 0 right now
They have diluted ~30% to pay Sams wages. They have given us what they could to be fair, but this stems from the disasters of previous years and being over paid.