Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I agree this does seem like it could be quite transformative news and a decent way forward. Fingers crossed its us and interesting to see if this story is generating some traction
Fwiw the trade at 9.32 today was a buy from me, strange pricing today
It does seem quite delayed now, any speculation around reasons from similar situations?
From the 26th Feb RNS
Key Terms of the Transaction
As consideration for the Transaction, Motif will receive the nominal amount of US$1 in addition to an interest in revenue that is derived from Motif Inc's iclaprim asset. Pursuant to the terms of the SPA, if Motif Inc generates revenue from the iclaprim asset above its outstanding liabilities, Motif Inc shall retain the first US$250,000 in revenue and thereafter, 90 per cent of any additional revenue will be paid to the Company, and the remaining 10 per cent of any additional revenue will be retained by
Not true. That's why we were set to get a portion of the sale via that Orange company
How is getting nothing a good result?
Also does this mean that we retain a 100% interest in profits derived from Iclaprim over and above the thresholds set already?
So when are we expecting first results in? Very quiet on the trades front again...
There's no reason why this can't open much higher than suggested here. Cellular Goods was a recent one where the share price on listing was meant to be 5p wasn't it and it opened up at 20p and went as high as 28p on day one.
The thing that's clear to me is there is absolutely no potential for a return if we don't go ahead with this one.
It's about an 80% loss on the closing price I believe although I haven't taken into account / don't understand the potential value of the 180 day warrants and it would also depend on what price the shares actually list at, if they are massively oversubscribed then it could be much better.
I'll be voting for it because there's at least some potential in getting money back this way. As bitter as it might look right now I think it's the only way that we will ever see any money coming back from this company. And who knows, maybe this new company could make us all millionaires (if you aren't already)
I was going to say the same thing, it's been blue all day, really big buys coming in and no movement whatsoever, very unusual
I'm enjoying the positivity here and personally I'm expecting news by Thursday
Someone indicated on ADVFN that you couldn't go long on this on IG and I've just tried it and can confirm the same. Assume that would mean we would see a tailing off of spread bet positions if you can only close out. Not sure what impact it has but at least it should restrict some of the more volatile trading and let it move on its own merits.
There appeared to be some pretty big buys yesterday looking at the trades as well, I have my fingers crossed that this will come a very hot property as the results start coming in. I'm kinda amazed it's down here still.
I mentioned it posting at 0.12 and on level 2 it appeared in grey, was closer to the buy price at the time if it helps
Huge after hours trades at 0.12 - 295m!
Hey CawCaw, I don't often post in here but just wanted to say I completely agree with you and your sentiment about how this whole process has progressed. Absolutely shambolic from the start and the last minute cash requirements along the way have been massively at the detriment to us shareholders.
The way that people don't see this and are blinded by a seemingly unstoppable multibagging opportunity all of a sudden on Monday, worries me very greatly.
I've been trying to get in for 2 solid days for a small amount in my sipp and only just managed it this morning, not looking for a quick buck and look forward to learning more along the way here. Is there any kind of telegram group or Reddit chat group at all?
Do we get the revenues of the post acquisition stake from December onwards or just from our 15% interest?
Hi everyone, I tuned in to the webinar (primarily for SENX) but also stayed tuned in to hear about KAV. Thought it was a great presentation both realistic and demonstrating the big upside here so I'm definitely going to take a look at this in more detail. Seemed there was decent activity throughout the year and the mention of being well funded with a about 1.7m in the bank was encouraging.
Just managed to add almost 5m in one go, maybe the mms are ready for everyone to buy now, could be a very interesting day