Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
A combination of bad management and local politics has torn this to pieces.
If this was PC or another conglomerate this would not be the outcome.
MB and his board need urgently to rethink their strategy and to salvage some credibility .
GLA
The prospects of an RNS this week are as good as Rishi winning the next election with an even bigger majority.
Although it must be said there will a RNS sometime before announcement of a share dilution.
The management have been racking the cash for a number of years without anything to show for.
Agree or disagree with Wos .
He has made some excellent contribution on occasions. But I think what some are saying and I would agree that he gets carried away in his arguments to the point where some don't appreciate his analysis
GLA
There is no doubt that some of the actions taken now and in the past have led to the position the sp finds itself. The management have not shown any assertive action/proposals in dealing with the delays and this goings on are the core issues behind some who uncomfortable .
As an investment the prospects are good but a change in the style of marketing and management is required.
GLA
.
If pi's have lost faith its because there is no real attempt by PM to keep the punters in the know.
This is my only concern. No one has a scooby do
and this is only one aspect.
Sorry WOS I disagree totally on this one.
We as shareholders should be able to draw and conclude on information coming regularly from the company and this is the weakness here
Anyone here even dreaming this is going to jump soon to 50p really needs to have another reality check. The plain facts are we are dealing with a board which has not got the drive and the ambition to do anything other than sit on the fence. All lth are now waiting in a desperate game of "wait and see".
GLA
If there is one lesson to be learnt from the goings on here is you need patience and plenty of it to stay on this ride.
This is not easy for some judging from the posts and I think it will be wise to quit if you don't have any as there is plenty of time for that.
GLA
Whatever WOS was posting agree or disagree has nothing to do with the rise/ fall of the sp .
This will be determined by events in Mongolia and how and when the company starts production.
The rest is all waffle
Just waiting for this to north any day now. All LTH will be in the same boat as I am pretty sure about that.
Don't anticipate a short sharp rise but a steady one as more and more news comes on the horizon.
GLA and DYOR.
You are absolutely spot on master.
Mongolian are now opening their doors more and more to foreign investors because they know thats the only way to improve their living standards and get the economy back on track
At this point in time the number of chats is 3x the number of trades. This is still an indication that something isn't still quite right. Having said that I still feel very confident this could head northwards at a blink.
For all those still not on this ride it signals a perfect opportunity to join in
DYOR AND GLA