Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I would have subscribed for extra shares if they had been at appropriately 6p.I am absolutely outraged at what’s happened and don’t feel I can trust the board.I’ve been in Matd since 2011 and thought with the issuing of the license we would be on our way.Boy, did I get that wrong!Why haven’t the board been straight with us?We’re not the enemy,we should all be on the same side
Why was the rns after closing time.I am only a small share holder but I am still a part owner of this company.We should all be on the same side and should be kept informed of all decisions made by the board.again ,why were there three rns stating the same thing.This whole thing stinks to high heaven.MB immediately pull this fundraising,it’s not fair.Ojay,I can’t imagine how you’re feeling with 3 million shares.
)Agree Mike.They should immediately pull this fundraising at 3.5.Either do a fundraising at maybe 6or7p.It all becomes very clear why the share price has been tanking for two days ..Very suspicious.
Just when I thought it couldn’t get any worse it just did!Why 3rns’s staying the same thing.Why a fundraising at3.5p when the share price has been around 7p for weeks.We are going to really get slaughtered tomorrow.Absolute nightmare,we don’t deserve to be treated like this.
They’ve never made a profit.They haven’t started drilling yet!
As one of the idiots on this board I’d like to reply.In2011 I first bought shares in PM at£1.41 and have been waiting 10 years to get drilling.At the time there were rumours of potentially 93 billion barrels i n the Mongolian desert.Now we’re happy with 33million.I would like the board of directors to give us an exact date we’re starting drilling,not just I 2022.Is it Jan,April,August etc.Where is the rig coming from and when.Does it come assembled or does it come like a mecamo set.If there’s financing coming or in place please let us know,after all we own the company.I just want the truth like every other LTH
Amen to that master
Agreed,but let the shareholders know what’s going on.We are part owners of this company.We have a right to know
We need a rns to explain exactly what is going on with financing and exact date of start of drilling.When will the first rig be in place,I presumed(wrongly)that we were ready to go as soon as the license was approved.Why wasn’t it.Missing many months this summer for drilling.Matd need a communications officer to keep us up to date about what is going on.The share price is being slaughtered for a second day in a row.Get your act together Matd
Now below 6p.When is the pain going to end
Another dreadful start to the day.What the hell is going on!Why are people selling.
What an absolutely dreadful day!Especially coming after the football.Less than half the normal trading of shares and the price drops 10per cent.Anyone would have thought we had turned up a duster.Madness!
Do we really need a farm in?Surely a rights issue for existing share holders would be more appropriate.Im sure it would be taken up ,if say for 10 million
When I looked at the share price this morning I thought Mongolia had been invaded by China (or Russia or both)!we still have 1 billion dollars worth of oil confirmed .Am a bit disappointed that we are not starting drilling until next year.I did presume that we would start within a few weeks of the license being granted.
Absolutely amazed the price is not in double figures.By the end of the delay relieved we weren’t in negative territory for the day!With regard to financing ,surely a rights issue (share holders get first choice)would be the best option.Anybody any idea how much money we need to raise?
Yes good post Manro but don’t you think you owe MB an apology for insinuating he was just enjoying life in Singapore and not working on the license.
Horrible day,but do we deserve a40 per cent share price drop?We still have T and T ,and off shore Ireland and Morocco is not dead.We are a tiny company,and we only need to hit one
I have a gut instinct that something is brewing .My interpretation of the 12th April rns was that the license was due by 30th June.If there was bad news I think we would have heard by now.Hope I’m right!
Maybe I’m dreaming,but as we haven’t had any news re license is it possible that there’s great news on the way and MB can’t say anything yet.Of course it might be the opposite,but I think the former.Lets hope
Presumably no rns today.Anybody know ,if we get the license,how long before we can start drilling?