Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Perhaps that first bit wasn't particularly well written. Everyone is clearly entitled to there opinion whether they own one share or a million. My point is that meeting at AGM's allows for a free flow of information and a chance to meet other investors and exchange information and ideas and puts the BOD to task. Between a number of those contacts several percent is held and has been for approximately six years. I appreciate you have been a holder for ONE year. We are no further forward in SIX years. I hope you will maintain this positivity if you are still holding in five years time. There are several occasions regarding the Tear Sheet which had Mr Burrows's daughter owning approx 7% which mysteriously disappeared over night without explanation. I believe Karina would probably be able to explain and screenshots were kept to provide evidence. Ms Eavis was mysteriously allocated shares as part of a severance package as she fell out with Pajak. She sold these in three 1m trades immediately. That to me is price sensitive because if we were on the cusp as we were told several times of a company changing deal for a non exec to dump all her shares Asap tells its own story. No one turns down fre money. She couldn't wait to dump. This is all fairly historic and in the past HOWEVER these are just a couple of the smoke and mirror antics the BOD have displayed. There are numerous others. I know we are coming at this from slightly different directions and with then greatest respect in the world 12 months is nothing compared to the endless rainbows and pots of jam we have chased over the last six years. I'm hoping to be proved massively wrong and I will happily eat humble pie. However when you are trapped in a share because the Bod have closed down any liquidity even if people wanted to sell and move on how could they. At least pre consolidation when we traded in pence there was a modicum of liquidity and news would spark some interest. Lots of historic stuff and I want to believe in the future however when the CEO states news on a deal should be in the public domain NO LATER THAN THREE weeks at the AGM and here we are still waiting bereft of news. If it was a one off I understand but this is the norm hence the frustration of some of the old guard on here. I hope that explains a little better but you can't edit posts and that was a quick fire one bourne of more frustration earlier. Kind regards Rusty
Perhaps that first bit wasn't particularly well written. Everyone is clearly entitled to there opinion whether they own one share or a million. My point is that meeting at AGM's allows for a free flow of information and a chance to meet other investors and exchange information and ideas and puts the BOD to task. Between a number of those contacts several percent is held and has been for approximately six years. I appreciate you have been a holder for ONE year. We are no further forward in SIX years. I hope you will maintain this positivity if you are still holding in five years time. There are several occasions regarding the Tear Sheet which had Mr Burrows's daughter owning approx 7% which mysteriously disappeared over night without explanation. I believe Karina would probably be able to explain and screenshots were kept to provide evidence. Ms Eavis was mysteriously allocated shares as part of a severance package as she fell out with Pajak. She sold these in three 1m trades immediately. That to me is price sensitive because if we were on the cusp as we were told several times of a company changing deal for a non exec to dump all her shares Asap tells its own story. No one turns down fre money. She couldn't wait to dump. This is all fairly historic and in the past HOWEVER these are just a couple of the smoke and mirror antics the BOD have displayed. There are numerous others. I know we are coming at this from slightly different directions and with then greatest respect in the world 12 months is nothing compared to the endless rainbows and pots of jam we have chased over the last six years. I'm hoping to be proved massively wrong and I will happily eat humble pie. However when you are trapped in a share because the Bod have closed down any liquidity even if people wanted to sell and move on how could they. At least pre consolidation when we traded in pence there was a modicum of liquidity and news would spark some interest. Lots of historic stuff and I want to believe in the future however when the CEO states news on a deal should be in the public domain NO LATER THAN THREE weeks at the AGM and here we are still waiting bereft of news. If it was a one off I understand but this is the norm hence the frustration of some of the old guard on here. I hope that explains a little better but you can't edit posts and that was a quick fire one bourne of more frustration earlier. Kind regards Rusty
Perhaps that first bit wasn't particularly well written. Everyone is clearly entitled to there opinion whether they own one share or a million. My point is that meeting at AGM's allows for a free flow of information and a chance to meet other investors and exchange information and ideas and puts the BOD to task. Between a number of those contacts several percent is held and has been for approximately six years. I appreciate you have been a holder for ONE year. We are no further forward in SIX years. I hope you will maintain this positivity if you are still holding in five years time. There are several occasions regarding the Tear Sheet which had Mr Burrows's daughter owning approx 7% which mysteriously disappeared over night without explanation. I believe Karina would probably be able to explain and screenshots were kept to provide evidence. Ms Eavis was mysteriously allocated shares as part of a severance package as she fell out with Pajak. She sold these in three 1m trades immediately. That to me is price sensitive because if we were on the cusp as we were told several times of a company changing deal for a non exec to dump all her shares Asap tells its own story. No one turns down fre money. She couldn't wait to dump. This is all fairly historic and in the past HOWEVER these are just a couple of the smoke and mirror antics the BOD have displayed. There are numerous others. I know we are coming at this from slightly different directions and with then greatest respect in the world 12 months is nothing compared to the endless rainbows and pots of jam we have chased over the last six years. I'm hoping to be proved massively wrong and I will happily eat humble pie. However when you are trapped in a share because the Bod have closed down any liquidity even if people wanted to sell and move on how could they. At least pre consolidation when we traded in pence there was a modicum of liquidity and news would spark some interest. Lots of historic stuff and I want to believe in the future however when the CEO states news on a deal should be in the public domain NO LATER THAN THREE weeks at the AGM and here we are still waiting bereft of news. If it was a one off I understand but this is the norm hence the frustration of some of the old guard on here. I hope that explains a little better but you can't edit posts and that was a quick fire one bourne of more frustration earlier. Kind regards Rusty
CJohnSpain I bought in here to see a return on an investment 6 long years ago. What do you see as Long term CJohnSpain? HOw long have you actually been a holder? I and a number of other holders here have in excess of several percent of the company. Putting aside the arrogance and inability to communicate with its shareholders the like I have never experienced in an AIM company. Although since Mr Winters came on board this has improved. I have yet to meet you or be aware of your presence at any of the AGM's or EGm's over the years travelling to Dublin and the like all to get straightforward answers regarding some of our investments. Im surprised I haven't had to go to Angola for an AGM yet. A catalogue of jam tomorrow tales, massive deals forever being close to completion have seen virtually zero shareholder value. I hold here in the vain hope that MP finally gets one of these large deals over the line. I won't put further details on the BB but yet another embarrassing timeline was missed Friday following correspondence with a member of the BOD which unfortunately makes the company appear very amateurish indeed. If you review all the deals that have been done to date hardly inspiring. The court case drags on of which if we win there will most certainly be an appeal. No idea what's happening with royalty sports, pressfit, finishtec. Although we've told the world we are looking to sell and exit the region ASAP. Not great from a negotiating perspective surely. I make no bones I want to get out of this nightmare and would sell tomorrow if there was any flaming liquidity but the promises of greater liquidity never quite materialised either. Our premium listing on the main BOD faltered. AIM is awash of companies who trade at a discount to its NAV and assets. Liquidity is drying up as people see exactly how corrupt the AIM market is. I am really negative at the moment for good reason and it irritates when people are happy to accept poor practice from AIM companies who have OUR money. PEople just saying we've told you it's a long term investment if you don't like it sell. This is great advice when you've been here a couple of years, we've had year after year of this. The BB here is generally good as there are so few PI's here and it's no good for traders or rainbow chasers but ultimately a company must be judged on providing shareholder value which to date has been lacking. I do want to sell but not at a giveaway price where a $2000 sell knocks 1.2m off our mCaP. Anyway let's see what next week brings. Hopefully something to give us some hope and value.
Steady TC you will have the apologists on saying it's just there way, we don't understand, needs to be a ten year plan. We tell you what we need to know when you need to know. Last time I checked the principles of being a shareholder it wasn't to be treated as a C you next Tuesday. To any MM's, Mr Winters, Mark Pajak and any of the others in the old boys network reading this, just a little spike and you can have my shares, otherwise no point selling and I'm here to stay. 6 years of lies, smoke and mirrors and failure to deliver any shareholder liquidity or value.
Good evening everyone, these boards can turn a bit nasty and I'm not sure why. Everyone has there agendas, targets and trading objectives. If we all take a step back my initial thoughts are that this investment equates to HALF our current MC. For any newcomers and people passing through take a look at the list of PRIMS other investments of which THREE may IPO and be transformational. I'm actually here for some of those. Everyone getting weighed down by the massive polarity surrounding the Weald basin. Seems massively undervalued. A little bit of research and a smidge of patience can be very rewarding.
CJohnSpain. To some extent I do agree with what you say However all I ask is that those who are more than happy and defend the BOD spare a thought for those people that have been invested here for significantly differing periods of time. I obviously don't know yours but if like a lot of us here the "unorthodoxies" become slightly tiresome. It really does grind you down, the complete news black out, evasiveness of the BOD and the inability to update its shareholders in a timely and efficient manner. I know a few disagree with me on this but that is just my opinion. When this comes good we will all be rewarded handsomely and such matters will be long forgotten. Its is only due to such research that people may be prevented from pressing the "sell" button. If you take a public listing you do have SOME obligations to your shareholders and not treat it as a private company with the trimmings of being a listed company. All in all I am far more positive thanks to Karinas excellent fine. Finally there may be light at the end of the tunnel. Regards Rusty
All of this chat over the last few days has been as a result of excellent research by Karina and supported by a fellow poster from another BB RKBEEKEEPER, who I asked to take a look at CRV. My fellow poster and friend Tully-crow to put a finer point on it isn't the brightest colour in the rainbow and sometimes like myself (blessed with good looks, no brains needs someone with a fresh pair of eyes to look at the finer details of what CRV may be up to. What it shows is that genuine quality research and making an effort to attend meetings and dig around can prove very fruitful. Hopefully this will keep the interest in CRV this week going. I would love to know Munster's thoughts on this recent chat, I personally think he may in some way be connected to CRV but this is purely a guess. In a flash I have gone from complete despair here to quiet optimism that we are due a massive re rate at some point in the near future. Its obvious they don't want us to know as usual. Lets keep up the good research and get some new interest in CRV.
Stunning research and thanks for sharing. Bet the BOD are fuming you found that!!!!!!! BRilliant. Just like the Panda case I imagine, of no value until concluded, no need for shareholders to know about anything like this. Will be released Sunday morning when I'm at Church no doubt!!!!
Ps. That wasn't deemed worthy of an RNS either. Laughable. Off the top of my head was alledgedy awarded 3m shares (old money) Next day x3 1m sells. Coincidence? Maybe. Lol. Eventually it was somehow explained away 18 months later as an anomaly. (Dates might be a bit out. Sorry)
Hi Munster, I had a strange feeling that such a negative post might get a response from you and it is always enlightening to hear the contrarian view. I do generally agree with quite a lot of what you say but when people have to travel to Ireland or London at great expense to get answers to questions it is very frustrating. Most of this board have been totally ignored by Mark Pajak and that quite frankly is rude and unnecessary. Many of my other companies respond politely and courteously. to be fair under Mr Winters it has improved. HOWEVER some of the comments stemming back to the EGM in London were laughable, in fact they look embarrassing. Several times now deadlines regarding the Canada listing have been and gone. Why say anything at all at the AGM??? Many of us have been here nearly 5 years so far and once exchange rates and the MM's appalling offer price it's not worth selling. How long have you held Munster if you don't mind me asking? Assuming your happy to wait the 10 years for Value per share. In those five years the fanciful Alex Eavis promised the world, mega deals, hang in there, won't be long! Surely you can see the frustration. The signs were there when she dumped her shares straight after her remuneration package! She obviously upset Mark. The wait continues.
Anyone going to cough bailing? Don't blame you. I won't at these prices. Keep setting these dates and promises but continually fail to deliver. Few more days and that's another deadline/promise failed from the AGM. We know they read this board from time to time. Problem about making projections and promises is if you continually fail to deliver is you make yourself look like amateurs at best and lose the remaining credibility you had. So when we eventually get some news it will get sold into on any rise and liquidity. Guarantee it. PEOPLE WANT OUT and I am one. Am I alone after all these years in being thoroughly browned off or are we all happy as Larry with ZERO liquidity. ZERO News and ZERO faith in MP to actually deliver something that improves share holder value? I'm not. Not selling though. No point. Anyone?
The Boletus is fully impaired on the balance sheet. I wouldn't bother considering it. Plenty of our other assets looking really good for 2018. For anyone aware of Vela it's rerate occurred on the back of its BTL investment. All the others PortR and Vibe are quietly performing in the background. I believe something similar could possibly occur here in the next few months. (Sorry for mentioning another share but there are many synergies in the method and strategy of both BOD's. Remember DYOR! This could be a massive year PRIM with a bit of good fortune.
My phenomenal maths makes that 71.7% Accounted for. I reckon the few PI`s left get us close to 80%. Where's the rest? My god this is painful. Holding also crippled by the exchange rate now. Plenty of companies has assets abroad and remain in pounds/pence, why exactly did we change again? Not sure the promise of liquidity has really materialised Mr Pajak. See you after the next trade around Easter.
Like to say I'm surprised!!!!! Thanks to those attending the AGM in London as work prevents me from attending. be interesting to see what variation of jackanory we get this year. I'm sure the usual "administrative" problems or issues will be responsible. Thankfully they have sorted the liquidity issue. Oh hang on. Thanks for the report when it arrives guys.
Morning James, From previous experience the onus is on the purchaser to notify the market as on occasions with another investment of mine the company continually told us the above as their was a group of us that had nearly 9% of the company. Other companies that have assisted you previously have actually been helping out when I believe they don't have to. In fairness I would love to have that predicament! Good to see some serious investors looking to add further. Very bullish In my opinion.
Had a few more on that RNS. Big year for Stream TV. Hopefully the seller will be gone shortly. Should get a few decent buys today if people do a little research. Will be a good year for PRIM and can see some real value here short/medium and long term. Good luck everyone. Trust your research.