Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Johnnypc this was from November last year
"Good to see robbie
I have 90% of my prem as a spreadbet , good luck but we are going to have a great few weeks and months .
Its clear someone ir instistution are big buyers but as the market wakes up this will go to 0.6 p soon"
Martino girl so if the company got a valuation of Zulu at 200 million I'd say that it would comfortable pass the balance sheet test. Would far outweigh it's liabilities 👍 worst case let's say it has 35 million to pay back and add another 10 million for good measure as a liability. Even if they had Zulu valued at 100 million they would have a healthy balance sheet. If GR screws it all up he would have a few months to get a robust valuation of Zulu assets.
Don't panic even even with his track record of failure he wouldn't be able to mess up that badly!
He sold out a huge chunk Gazza with his inside knowledge from his puppet master he never shares (he doesn't have to just beware of the puppet promises). Time to whip the crowd into a frenzy with billion pound valuations within a year, new offtake agreements, no more placings etc etc. Give the people what they want, untold riches while he pilfers your good watch and slips out the door
4 months until it becomes insolvent is way off. Its been run terribly by GR but that statement is way off base. They will still have an asset and can settle with Canmax as per the agreement with the valuation of Zulu agreed at 200 million. Calm yourself Raaydaar
That's the gamble Marcuspd. They were a bargain at 0.2, 0.3, 0.4.....0.6, 0.8, 0.9 and at every point on the way back down to 0.4. There is always someone calling them a bargain.
The only absolute is they are only ever worth what someone is willing to sell and buy at. Currently that's the low 0.4s, who knows on Tuesday or there after. One thing is for sure none of the investors in the placing wanted to pay more than 0.35
Beware of those with a very rosy tinted view.
Often they are over exposed, looking for an exit or unable to accept they bought in at the wrong time because who would have thought that after those promo videos of a bag of spod and the relentless climb that it would turn out to be a performance worthy of an Oscar.
Most with a pessimistic view aren't actually shorting it they just bought in earlier so aren't bricking themselves that calling Roach a 🤡 on a BB will move the SP or gain them entry to the Illuminati of SP influencers
Steward1 indeed we have had them. There was that snowman guy and the chuggs. Also a big fan of constant use of the acronym FUD once he had heard it that's all he ever said. Needless to say they don't post anymore....why could that be lol
I would vot for his removal but then I've been clear he should step down as he is at best incompetent at worst a sly old fox. Again people are desperate to pay him on the back for getting Canmax back to the table. He is the one that made them leave the table. It's like telling someone how amazing they are for clearing up the 💩 they took in the middle of the table
Marcuspd in response to your reference of "your camp".
I don't have a camp. I'm not part of a conspiracy to drive the SP down. I wish I was I would have had a chance at gobbling up some at 0.35.
You should point your frustrations at GR like most others do.
The guy has possibly the largest lithium source in Zimbabwe that he refuses to update through an RUS.
A plant that he rushed through and doesn't work yet
5 billion extra shares he wasted zero time in using (yes it's only 25%....so far)
I would urge you to do a bit more digging into his track record, wording of previous RNS, use of same repetitive words that result in nothing and constant moving timelines and targets.
We all live in hope that the next one will be hit. But hope doesn't mean you blindly hang on his every word. You should go into this with your eyes wide open.
If you truly believe he will not use anymore of the 5 billion and he will achieve the new timeline then this share price is an absolute steal for you and I'd think you are going ⚽ deep right now.
Just because someone doesn't believe him doesn't make them a spreader of FUD or a deramper. GR needs no help in creating his own uncertainty and doubt.
Marcuspd you are getting yourself all confused as usual. Make some notes.
Said there would be a placing, you said there would be none. I'm going to go out on a limb and say this will not be the last. You can continue to say there will not be one.
Again not a shorter or spreading FUD. GR literally told you there wasn't enough money to go to production. Short of him stamping it on your head he couldn't be any clearer lol.
Now he has said this current one should be enough. We will see