Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
If they’re genuine, being suspended is probably a good thing as we would no doubt be at 1p now. But i just can’t find an excuse that justifies not re-listing... yeah I get you got a lot going on, but it can go on while we trading! It shouldn’t take so long to list! That’s what worries me. Who says these contractors etc aren’t just his friends... another way to deplete and go ooops, we’re bust... debts paid by equity and we get f’all back. I seriously hope not, rns sounds positive but it would wouldn’t it! So BigBench, that’s a lot, what would you do if your funds simply vanished? Game over scenario... I couldn’t just take being mugged off lightly
I see your point, but how long does it take to just get a company re-listed... forget the rest of it. That’s what worries me. I’m not fussed if the product is demayed etc... I just wanna see it re-admitted so the fear of losing it all is gone. I just hope they arent just spending the equity on wages to then do 1.
The rise to 46 happened from the first newcrest buy. Newcrest 41p buy, we were already about 42, then it got dropped to 33 out of the blue then announced they done a deal at a premium.. not long after we started to slump into the 30’s. Then the bought deal thing happened and done to 20’s. I don’t get why we aren’t trading at 45p or more, most companies get news like this and the share price rockets. Guessing we have a large Mcap and harder to shift.
Totally agree... keeps them at bay for now and gains time to add a lot more value
Everyone has to take responsibility for their own investments at the end of the day. I followed his tips, they seemed too volatile so I got out. Made decision never again to follow a tip. He had some good insight into technical things, found his posts interesting and like most people on here, take some stuff with a pinch of salt. why on Earth is everyone attacking someone who isn’t even around anymore... back to solg
Only topped by lizard n f.rich in my opinion. Always appreciated BNC input too. Good to see the board getting back to normal.
He talked a lot of sense, I liked him. Made some good calls. I can’t recall him saying anything negative about the company or influencing people to sell... like someone said, called Marl bang on and thought we get taken out. I didn’t believe his back story though.
Wasn’t there something in a recent rns stating assay turnaround time had been reduced? 4 months seem a bit long to me...
Cheers FilthyRich, much appreciated. I noticed on a site I use they upgraded short term resistance target from 37.5 up to 45... ties in with your prediction
What sort of a loser brags to complete strangers or laughs at their misfortune on boards like these.
Erm... if interest is netted off against income isn’t that reducing profit? This is graft.
Exactly. Debt affects your profit, not equity stake. Reduce your retained earnings and that’s about it if it’s under control. I can’t see this going to production, agree on that front. Just 1 clue is the massive capex savings he keeps bringing up.. amongst other things. Joint venture maybe but I think sale. Whatever happens we are into a winner either way
They are different.. debt is actually cheaper than equity. A lot cheaper. E.g interest is cheaper than investors expected ROI % Well that’s what I was taught studying accounting. Actually debt is healthy for a business. Although we are in a unique business so debt would have a much higher level of risk without guaranteed revenue streams like a well established business
This company isn’t going to have a huge call centre answering the phone ffs ha maybe he isn’t wasting money on a load of p.a’s either... who knows! Who cares! At least we know he is on the job
Maybe he is at his desk working on the re-admission doc like we want him to be! This company
Across dammit lol
He’s defo gonna come access positive but just the fact he/they answered has to be a big positive.
You’re in profit now DimJim, you can sell up and move on. Done enough slating, why stay? Take care
I just think it’s very worrying how quiet they have been. Nothing on Twitter etc... But on the flip side... you surely can’t be mentioning names such as MasterCard if it was all a scam... surely get sued to high heaven. Just finding it hard to believe that it’s taken so long. I’d be ok if it was just my original holding but topped up 5k just days before. Made it hard to take
If this de-lists do we just simply lose our money?