Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Explains the drop yesterday and got another red day to look forward to now. Why the hell aren't they proceeding with the gas export pipeline? That's basically an admission they won't be increasing production as they can't flare any more than they are.
directors buy shares at the moment? Would be good to see them putting some more skin in the game given all the uncertainties and ludicrously low share price...
It'll probably be a blue day tomorrow or Friday, we seem to be settling around 1p as the never ending wait for the license continues...Tanzania is a shambles of a country!
It may also be the weather, I can't remember when the rain season is due to start but there is a load of flooding at the moment so even if we got the license its unlikely we'd be able to drill any time soon? Someone else may be able to clarify....this share has been in the bottom drawer and written off for a while now so I don't research as much as I used to.
7 months?? Its more like years, can't be far off two years since the 'transformational' farm out was announced, they've achieved nothing since then - they just keep milking shareholders for unearned salaries. We haven't heard a peep out of 'chairman' John Bell or from that useless tool Jay's replacement, I can't even remember who it was, Tom MacKay maybe? The Aminex BOD is well and truely on the gravy train.
I wish someone had warned me.....sell while you get the chance. The man is either a crook or completely inept
There is, at 1pm
https://zoom.us/webinar/register/WN_3lRkaSynRRuvd0agIUU36Q
It was the RNS last month, was pushed back again another 6 months. Aminex is in the bottom drawer for me, Tanzania is a shambles of a country and everything takes forever. This should hit 3p+ when all is signed off an agreed. I've set an auto-sell and will be on my merry way.
Got to agree, this share is having a terrible year. Worst performer in my portfolio by a long way, and I own PREM!
I still find it hilarious that after all these years he's been in charge and squandered millions to deliver zero profit and he's still banging on about getting a cash generating asset.....that's what we thought we were investing in George! He's had years and still won't admit what a collosal failure he is. What a shambles this company is. It was always a high risk investment but we had no chance with him involved. At least we have more meetings with the zim gov to look forward do, they're always productive!