Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Why indeed.. what could they be so keen to vote on?
It’s certainly not because they’ve been given any confidence it’s coming out the other side with current shareholders intact.
I’m out for the min and agree with Mark as per usual he’s quite a knowledgeable chap. Felt cheated (and also don’t like being blindsided) selling in the high teens early 20’s but with what’s unfolded very thankful. I am struggling to see a reason until further news to buy again. Currently my feeling is with the shareholders being the main target of the FCA attack and request (shareholders switching places with the claimants or wiping them out completely starting again with new shareholders) I feel a purchase of shares until more clarity would be a donation to the claims and for that reason I’m currently out, don’t think I’d be tempted by an even lower price at this stage until that is surpassed as a concern. I do feel any forward movement if insolvency isn’t the only next route would involve major pain thats strong enough for the FCA and the papers to be able to talk about and cheer as a absolute victory and relish in the shareholders pain feeling they had been just. GLA and with more info I may be back.
I am hopeful that the scheme will pass and the FCA told they need to interject with objections and work with companies earlier in the process, which will give the FCA a win and the leverage they need against other companies following the SOA route in the future. I struggle to see it not passing and everyone to lose, to receive nothing by the FCA and court playing devils advocate when all have voted and agreed and GJ should hold some integrity with his foreseen reality and projection of this or insolvency.
ISA you have been greatly appreciated this afternoon as you were on the first hearing. I’m a little confused how random investors have been able to give evidence today.. seems bizarre and can’t see how it can help
Well can someone please say IF it was SO unreasonable the FOS have the knowledge resources and ability to have negotiated.. instead they chose to vote YES! They think this IS the best option and had the option of representatives fighting for their 12M!
The FOS voting for the scheme trumps all the FCA’s arguments as they have access and ability to assess if there was a potential better offer available through negotiation and they have the resources available within the FOS to have persued this. The FCA argument should fall down on this.
I’m holding tight
GLA for tomorrow
I struggle to see a headline where the FCA block voting claimants from receiving redress THEY VOTED FOR AND WANT due to the FCA at the last moment thinking they should received more.. so for me it’s just noise. They will either negotiate a very slightly increased payout or will pass and honour the vote, its lawful and almost unanimous so will pass. Always expect the unexpected however courts get VERY frustrated with ANY wasted time and this is VERY late in the process to start throwing unwanted curveballs. I just can’t see why they would totally disregard a vote that claimants want and decide to block something they could have blocked when suggested and negotiated together in Nov last year! Courts HATE wasted time! Especially atm when they have such a backlog and their time is more valuable than ever. GLA
Do think it will bounce hard if BTC remains strong, personally will be buying at any given opportunity and thanking my lucky stars for the opportunity GLA
44 days to go - the rest is just noise.
IMO for those who are lucky enough to hold and add on any given opportunity, will be sitting very pretty.
Timmy does make me laugh, will see how well his outlook and predictions age with time.
Last 48 days to go! Not long in the grand scheme of things and a whole new world would have begun. I’m curious at that point what tripe people will write to be unnecessary negative with a spiteful undertone then.
While the BIG buyers are still accumulating, they will get their orders filled at their target price. With the end game so close - I’m strapped in and adding where I can from closing other positions.
GLA
If they wanna sell there will be plenty of people buying, think a lot will be throwing all they can at it now to get hold of them at any opportunity. GLA
BIG thank yo to you ISA for all your efforts and time today! was appreciated greatly!
I agree today was a HUGE fundamental change which should offer the first re rate. (Many more to come) I like most here am now locked and loaded for the company’s true re rate which will commence from tomorrow and will get better the more days weeks years held.
Amgo 2.0 just a breath away
I don’t and haven’t encountered anyone who, once digested reality, wouldn’t want some money in redress or nothing so think that will pass with a massive uptake.
Spring is about to bloom and so is Amigo 2.0
I’m glad the best route profits all.
I hope today’s fantastic group effort and productive support (heavily provided by ISA) is continued in that theme and the likes of Timmy and all the other naysayers and negative fantasists (seriously a joke at this point is you have only the smallest knowledge on what’s unfolding) are not given the time of day and just giggled at and move on to the worthwhile conversations.
GLA
First BIG piece of the puzzle.. and a HUGE positive.
GLA
All this back and forth about should they have taken the loan etc is bs in reality and speaking truth YES they wanted and needed and probably begged their guarantor expressing a whole scene of how their world has changed and will be evolved by their support! The reality now is people are irresponsible and FK yeah will want a way out. I really don’t need it.. quite the reverse but how many of you de rampers would lend someone you know a substantial sum of money??
I’m confused.. are people on this board wanting to increase their wealth or just b**ch about how wrong corporations are? Don’t know what I’m meant to do? Should my aim be to ‘invest’ maybe and make money or.... write posts all day about how we WONT make money? How’s the game played now? Genuinely curious as my method increases the numbers in my bank.. what is the other goal?
P.S if I were to buy something and sell it for more I’d make Money! Hurrah!! lol Someone is working out what we do each day pmsl
Hi all last July I had a continental breakfast just thought you should know and my Orange Juice wasn’t cold enough! Just can’t see how this can continue! It even had bits in it! Awful just awful won’t be staying here again 2 stars!
My gut says if you think a 5k profit is a lot then I won’t take you as my influencer or financial advisor pmsl :-)