Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Can't trust the company's decision making unfortunately.
The market was always going to take it down on any negative news but will never really push it up easily on good news. RP has once more shown that along with the good they can do negative things too, this being another example. Helios 2 which fell through, Shlumberger Dtu partnership, Helios dropped tool, warrants fiasco, poor placing, so the company needs to recognise that it needs to demonstrate complete successful deployment and only then the share will react positively.
Can't be the JV as they're majors and he said they look at the size of the resource as opposed to just focusing on grades. So I'm guessing some emails he may have received from PIs asking about the grades. Another point is that he is a conservative CEO who said he likes to under promise and over deliver. Didn't even want to talk about production from the plant let alone big it up. Also said previously doesn't like commenting on share price. So when someone like that says the share price is very low and is under valued he must have some strong numbers to base it on. Maybe the offer of Sturec or JV interest or potential revenue from plant? Good luck to all.
I think it's premature to say there's no buyout or take out on the horizon, there's a decent chance that companies may have zioc on their radar as there were financing discussions prior to the commodoties downturn. What everyone is looking at right now is IMF bailout and or the creditors facility. The asset is a a huge one and the global demand for its high garde is very good for the future. But obviously it's not worth much if the investment of the port or the security or financial stability of the country is not there. That's why we're at 12p and 120p.
I don't think NVS is concerned about the SP as he knows the value of what he has and what he needs to do to realise the company's potential. I think he's doing it for the PIs to offer some reassuring answers or to follow up an rns. That is a good sign in my book.
JJAL That's a very honest post. I also have similar outlook to you: fantastic prospects that are being developed but constantly think about what could go wrong along with the possible cause of share price lag. But I do appreciate the work that is going on to develop this company.
People like to make anonymous comments and show they're reasonably impartial, which is so far from the truth. There were comments made by Dave that there were adequate measures to somewhat mitigate the negative polling result. As it is we haven't been impacted so now we can look forward to WD and what will come our way. Not many seem to want to bring debate, research, clarity here. Diamond comes with reasonable input but is solely focused on talking about HNRS cash balance and their need for a placement. We have so many diverse plays which are being advanced as we talk and things are moving along. Yes share price is very depressed and the BODs ability to FULLY deliver a long term commercial deal is unproven, but things are being put in place to move the company forward and hopefully the share price will follow too.
That is a massive burden off our shoulder. And as can be seen with the specified it was pricing in the colarado prop112 vote. Now that it's clear we can think about the 104 Wells and 5200 acres of land in WD. I know it's not immediate but it's a monster application for a small 15mil mcap company. Good luck all
Hope you recover your losses Vez. All the best.
Guys let's all keep our cool and calm. From the various posts it's clear there are many investors here with substantial amounts invested and are suffering massive paper loss at the moment. Myself included. Let's help understand our company prospects more to help us in this bad period. If someone feels convinced that this company is not right or its just jam tomorrow from the BOD then they can sell, but please don't get scared off by people's ulterior agendas.
One naturally should feel positive about one's investment. I'd appreciate if someone can point out a negative which we then can discuss. I'm not claiming it's all perfect here, just saying first raise the negative then prompt a discussion. There are many positives here which we've repeatedly mentioned. The negative as I see can as possibiliy is that sturec doesn't attract a sale. Casa doesn't attract a jv or sale or worst there's political tension. Or a low sale price. As far as zamzort is concerned the possible negative scenario is we don't have much further drillimg results, the mining tax or a poorly structured jv or sale.
Diamond you keep on going on about others ramping or projecting revenues for 2019 buy you have sidetracked every possible discussion besides the placing which you keep going on about. And you know it fully that people are scared now as they're nursing big losses which has been declared here so the way to get them more scared is to constantly go on a out a placing which may or may not happen. Bring balance to your discussion. Revenue from knasas and water management?
"Still see an RNS with a Kansas agreement together with a fund raise to put the project into production. Not that they need funds purely for Kansas but their other projects also." So if they get an agreement for kansas what sort of revenue would you expect? What are your thoughts on the water business? We have been told that the current model is scalapabe without capex and secondly they're in talks to sell water from their muddy formation. It's better to talk about the prospects rather than the current SP which obviously poor.
I really feel sorry for people who invest without researching or understanding the company they invest in and don't have the resolve and patience to see their investments through. Not every company comes good so yes at times you have to cut your losses but you need to recognise those triggers and red flags. At 5p what does that put our map at approx 6 million. We're expecting to receive revenue of approx $600k from Jan 19 with approx 20% decline rate. Add in the water purification revenue ( small currently but scalable without capex) and nitrogen play ( see Dave's calculation below) and let's disregard WD, DTU and Helios 2 totally..
I'm never one to criticise someone's outlook, but the share has been declining since they announced the Ed deal, but since then the company has done what it set out to in its strategic plan. They've not been promising jam tomorrow since the strategic announcement and have actually put things in place for that: Land acquisition Planning permit Drilled hole Tested the results Ongoing testing Etc So where is the jam tomorrow?
When does one give up an a share? When the sp is declining, when the company prospects are declining, or when the company's prospects are the same or when the company is developing? Read up on my previous summary of the company prospects.
Part 2 I've appreciated HNRs skill set in terms of oil and gas and now water resource developers. But financing and fundraising has been poor. Another point has been to have too many things on which isn't streamlined so not able to capitalise of commercialisation. But if you look at the current set of developments all the various plays are someway interconnected which will help with a streamlined development. And if they can get a good finance package then I believe the future is very bright here. For me one of their achiless heel (scattered plays now a streamlined develepment) is on track just need their second one to be sorted. Sorry for the long message, if it took so long to write surely must have taken some time for the company to plan and execute it. Good luck all. Hope everyone makers money whether here or elsewhere.