Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I had a quick look on here yesterday and had to laugh, 27 posts and only 1 not deleted by the mods lol
I have to say to all invested that still post, you've got far more patience than me with the neg heads constantly droning on making themselves feel important
Although the prize for the most pompous post I've seen goes to Offler about how him and his Mrs retired in their 50's lol
Why would you post that ? anyone can retire in their 50's buddy, how do we know you've not bought your council house and now living off tax credits ;^)
Anyhoo, still holding and hoping
Good look all
Kat, I agree, timelines have been crap however as per Korriban's post and mine I still think this will end positively
But yet again you spout rubbish on here and no doubt anywhere you can
Has Russell broken any rules? I don't but if has I'll leave it to the FCA to pick this up
"i read somewhere that the friday rns related to a debt he had to pay to the banks from his Baobab company?" Must be true if you read somewhere!!!!! It isn't
For me, if he was selling while the stock was going up and he made gains I'd be annoyed- he didn't he sold on the way down and had no choice but to take part in 9.6 raise as it's written into his contract. If he wanted to screw us he would have sold at an average of 10p (which it was over all trades so 9.6p is hardly a great return anyway) and then taken part in the CLN at 4.8 doubling the holdings. But you don't mention this do you
Basically he has chucked most of what he has into CRTM to the point he needed to sell some shares to pay a bill. Yes, if he'd have hit his own targets then I doubt he'd of had to but we are where we are and I refer to my last post around what we need next and it isn't idiots posting lies
We just need to change the general investors' perspective of this stock and the only way that will happen now is forward momentum through news, actions and delivery
Road started, Jorc started, US listing, US money, Jorc results, stock off-take, plant news, production started etc etc
So much potential which just needs to happen now and hopefully, these dark days will be behind us 🤞
Maybe next time you'll take the great mans advise ;^)
"Warren Buffett once said that it's wise for investors “to be fearful when others are greedy and to be greedy only when others are fearful.” This statement is somewhat of a contrarian view of stock markets that relates directly to the price of an asset. When others are greedy, prices typically boil over and one should be cautious lest they overpay for an asset that subsequently leads to anemic returns. It might present a good value investment opportunity when others are fearful. "
You talk like you know what you're saying is a fact but it is completely ill-informed dross mate and you also contradict yourself which makes you look like a complete idiot
You talk about final gasps to try and get funding and how the CLN deal is a death spiral (which Russell has explained in depth as to why this one is very different with a really small number of trusted participants yet still oversubscribed) on one line and then say you'll wait for 10p to sell which is a full 100% rise from here
If you believe you're own BS you'd be cutting your losses and selling now
Maybe we could all chip in and make up the difference to get your constant ill-educated comments off here
Although, there is talk of more photos happening soon so you'd miss the chance to knock them if you left lol
"There is no way the cln buyers are going to part with cash until they know that the shares are available. It would be business suicide to do otherwise"
I'm pretty sure cash is in the bank, road engineers deposit made and $10k sent for US listing, drilling starts soon
"i can see this falling to 4p or... depending on how the clns work."
Typical- plenty of information out there, if you took a minute to stop being a spoiled little boy and crying on every channel you can and take some time to ACTUALLY do some some research you might learn something
Last few months have been tough for us and for Russell but I have to say, first time in a while I'm feeling 100% happy with my investment, obvioulsy I'd have loved not to be at these lows right now but fundementals and end goals remain. Fabulous entry point or chance to average down
Head down and get those targets hit and we'll be back on track soon
Well done Russell
Amateur psychology? Not really buddy just pointing out that anyone who thinks strangling a Kat! is funny isn't really living in the real world.
Nothing I say will change where the SP so spot on well done
I am positive thank you, I understand the risks but also understand the potential benefits
There's a huge difference between being down on a share and assessing why, assessing the new situation, getting information to assess what your next move is and what you do.
Just because I don't shout about how upset I am doesn't mean I'm not hurting but I try and handle it in a more major manner although you do drive me childless behaviour
I suppose anyone who has the name Katstrangler as their name says it all
I haven't sold one share buddy, in fact nearly doubled my holdings over the last 6 months
The ONLY reason Russell reduced the warrants was for personal gain? you really are a goon and obviously have NO sense of business at all
Needs an RNS what the F was this morning?
My optimism took me from 6p to 32 and then back down again, of course it would have been fabulous to sell at the top and I'd be buying back in again now. But I don't have the hindsight/insights you obviously do
You're obviously an angry little man who can't accept you made the wrong decision to buy when YOU did. Happens all the time to many many investors but you really need to look in the mirror mate. NOTHING is a guarantee
Kat @ 10.49
"He doesn't need to participate. He's already rerated his warrants by 75% at no risk. He's still the beneficiary of that placing and the spike he probably sold into."
Let's cut to the chase. Are you certain about what you're saying, or are you just spreading baseless rumours and negativity? If you genuinely believe this nonsense and are still invested, then you're either incredibly naive or just plain foolish. If there's a problem with the CEO's behaviour, why stick around? I would've left ages ago if I believed your ridiculous comments
Fryer fanboy lol
I doubt he'd agree with that, I've had some very honest conversations with him over the last few months. I've been here for 3 years and down but I don't see the point in screaming negative "opinions" on any platform I can. That's just stupid and has no positive effect on potentially getting the SP back up and has only made getting this money together that much more complex
What does everyone think of the RNS then ?
Shares in issue now going from around 65m up to 100m - hefty dilution.
I'd rather have 100m shares than 65m shares in a company that doesn't exist. Share price is where it is, we need what we need and 4.8p is the bottom so not a huge discount
Existing/new investors getting CLNs at the lower of 4.8p or a 10% discount - i.e. can't lose. I wonder what the balance is between "Existing" (i.e. Russell and friends) and "New" ? That's a big volume of shares ready to be sold at anything above 4.8p.
Investors can't lose WTF good on'em, without their money we'd be gone so if they sell at profit happy days. Russell hasn't taken part to avoid idiots accusing him of benefiting from a poor SP
Road still at least 3 months away.
Road was always 3 months from starting so why make this point ?
JORC pushed further out.
Needed money for Jorc so why is this a surprise?
Kastro plant now not going ahead at all - WTF was that all about ? No news in 6 months and then all called off.
It was always going to be investigated to establish if it was so would you rather he says O WELL might as well have it as I RNS'd I was looking at it?
$100,000 loan taken in September 2023 is being repaid, along with $79,500 in interest !!! 6 month term and 79.5% interest - nice for the beneficiary of that.
Russell wanted that facility gone and it reduced risk down the line
Russell is "delighted" to announce it all though, so it's all good
Money for Road, Jorc, getting ready for production- Likely money for MA's why wouldn't he be delighted?
what a complete pair of idiots spouting off like they know what happens in the real world
"where’s the q1 revenue as promised ?"
if you don't know then wow- i'm not saying i'm happy about where we are but i know why we are here and i'm not even saying some of it isn't on russell- in fact as ceo it is actually all on russell. but as a half intelligent person i understand things happen
"where’s the q1 jorc report ?"
again wow- you know it needs finishing and that takes money and guess what that takes sales
"do you think it’s a good place to be when the ceo cuts the price of his warrants from 40p to 10p and extends the timeline ? does that not show what’s really happening ?"
why are you focused on russells warrants? what about the likes of hannam and others hat took part in 20-25p raises ? if there's a way to keep them happy while raising cash shouldn't that be done? if russell wants more shares than surely easier to take more at the next raise which i assume will be at far less than 10p- what do you think is really happening? this should be good lol
"there is zero virtue in warrants. they are just rewards for seed money to make investing palatable eraly on. but there's a laspse date for a reason!. to keep extending and reducing their strike price is pretty much theft, relative to a placing"
this statement just takes the prize for a lack of intellect and knowledge and purely aimed at your agenda not the facts of where we are as a company
again- where we are is not great and i'm not happy but let me explain what i think is really happening for you two children
russell needs money for the road- i expect a raise to complete this, russell needs money to complete jorc-i expect (hope) this will be included as it gives us value when completed and why not complete while road repairs are underway?
once road is complete we have 6000 tonnes we can sell which might give us around 800k to a million
i would think there will still be cash requirements to full production and this is where the smart thing to do is reduce warrants to plug that gap and that can' t happen until we treble in price from where we are today so i'm sorry but i can't see that as anything but good from where we sit today.
i'm sure you'll attempt to pick holes in this for your person agends so fill your boots
do i have an agenda? sure do-i'd like this **** show of where we are sorted and why you don't think russell does to is beyond me and spouting crap about a company your meant to be invested only hurts yourselves and other invested so i doubt you can be actual investors of crtm or if you are you're more stupid than i thought