Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
'BOOOOM RNS about to drop'
I'm assuming your motivation with this ever so insightful contribution is aimed at bringing new, would be investors on board?
Regardless of how many people actually pull the trigger and invest in a share based upon their findings on these boards, ironically, your abundance of idle and meaningless ramps are more likely to dilute the solid research and decent posts on here, and in turn throw people off the scent, and turn them away.
Sorry to disappoint, but this isn't a farcical playground pump and dump share such as your UKOG's . . you just look like an idiot trader, who don't forget only two weeks ago, was shltting their pants around whether to buy in or not.
If you believe the SP can rise from people buying in based on these boards, do yourself (and all of us) a favour and plss off for a while . . good discussion and research is whats valued here. And the odd sex joke from time to time.
If it sends the SP back north of 50p I'l gladly bend them over and wipe their ar5es for them !
It was only a few weeks ago Mike and the gang were building up a case to sack the board, now £2 a share is back in the picture, and the positivity's causing a civil war . . better than eastenders this board! :)
Fox please do get get yourself started up and put into first, as jimzi mentioned, why not even bring out joe for a walk in the park, the more the merrier . . just anything to filter out the new wave of nonsense :)
Haha didn't ever think I'd ever miss the doom and gloom on the boards, but even for an investor,all the incessant ramping and chart talk is rather nauseating to read.
Thanks for the post Qualia. Great to see confirmation that we are on the ground and as of today operating on the first commercial containers passing through - thats hopefully shed any lingering doubt I imagine a few on the board have subconsciously held!
It seems as though we could be involved in an initial bedding in period, probably similar to how PF described the Iran contract to have commenced, which I would wager to be more of a formality within long term contracts of this nature, rather than anything more suggestive; Streamline operations, and ensure both parties are happy with the reality of operations as opposed to jumping the gun and signing into anything just from talks, design, and hypothesis on paper (its advantageous for both parties) .
Still surprised at shy market reaction, however it may well be a very promising signal for LTH's that its larger funds and institutions with lower risk parameters, ready to line up and take their position, depending on how they interpret contract duration and revenues p/a.
Will eagerly await RNS on the figures and financials . . keep up the great finds everyone!
Before I summarise my my thoughts (for my own benefit, however the opportunity to generate discussion here is undoubtedly an additional advantage) . . One thing I just wanted to point out was that no one seems to have questioned the reason as to why WSG were obliged to RNS today. Why in the lords name would they RNS that a port has officially began its first operational day of trading, unless they were 'officially' (unofficially) embedded within the operation? For me it was confirmation without being confirmation, and I'm actually very surprised more of the market didn't perceive it to be this way . . which deafeningly highlights just how much doubt PF has unfortunately created for himself during the years of misfortune and, politely put . . silver tongue statements. Unless of course, the majority of institutions and more solidified traders are orientating a position dependent on the financials and length of contract, which would make sense, then perhaps buying in at 25p as opposed to 13p is a sacrifice they are happy to make, due to their projected estimations of company value in the longer outlook, off the back of this contract.
Anyway, we shall all await the fun and games that will inevitably be cast upon us from next week . . however the stark reality is, the real party isn't even close to getting started. With the Iran saga continuing to take World centre stage, I, like quite a few others on here, have begun to theorise that this is very likely to ironically in turn expedite us to a healthier political and trading environment, paving the way to return to the previously signed contract, and supposing the logistics are still in place, (as per the communications from the AGM), I believe there to be a strong chance we receive news that letters have been exchanged, and work will commence at some point before year end.
However for me, when the party really will begin to start, will be if we uncover what this new joint venture project in KSA is truly all about. The potential that lies just from within that partnership alone, even if it were to be solely focused just in that region, is bigger than anything we have ever been involved with as a company before. Whatever is brewing there, I have a hunch will be PF's secret road to his £2+ a share retirement plan. The company's new strategy to partner up and seek more joint venture plans, has near enough completely negated, I believe, any short-mid term possibilities of a buy out, due to the international, geographical, trade and legal complexities that now lie within WSG's composition . . which, if im analytically on point, will subsequently allow more time and freedom for the SP to flow and grow.
Very exciting,
Have a great weekend all,
Very good Etin, I adopted an armchair approach to the board this week, and at first gave our new friend the benefit of the doubt, and was somewhat sad to hear of his physical well being, however it certainly raises more than a few eyebrows that the spacings never seem to be drawn out . . Anyway I’l leave it at that, because I’d hate to be wrong and cause offence to said poster if he does indeed suffer from MS, and I can only offer all my sympathies to what I’d by all accounts an awful illness to fall victim.
If you’ve been around long enough, you’l know charts never work for WSG, I’d have cashed out at ‘£1.20’ in August ‘17 otherwise, and have a nice second home in Nice by now :)
Big day tomorrow, regardless if there’s a contract RNS or not, I’m predicting the market to act positively towards the grand opening being on schedule, and we will no doubt be able to pick up and gather snippets of news from online sources throughout the day .. as always, all research and articles much appreciated on the board! Drooping candle sticks all that jazzy bedroom talk doesn’t quite excite me and my technically analytical lacking mind in the same way
I wonder if SFU can scan read that document and use his industry knowledge to provide us with a rough guestimate of what we may be looking at fee wise?
A country in which our new JV mate already holds close ties with . . simply amazing potential stemming from yesterdays RNS.
Got to give PF his dues, this one he's really pulled out the bag ;)
I think it would be fair to speculate that the fact that it was specifically stated in the RNS that
'The Parties have also acknowledged and agreed that Westminster has business interests and prospects in many counties around the world and this Agreement will not in any way affect Westminster's business outside of Saudi Arabia.’
has been a purposely inserted reassurance in relation to the contract and ongoing business we currently hold with Iran.
In regards to alisapc 'If UK Plc can do business with Iran and KSA, then so can Westminster Plc.... besides future contracts in KSA will be through the new entity Westminster Arabia. ‘
Now Westminster Arabia has been formed, I am almost positive that not one single negotiation ‘to seal the deal’ of any contracts within KSA will be between British-Saudi dialogue. The saudi division of our newly developed joint venture IS the fitting face at the table you need to nail on business, and sure it will be an impressive addition for them to talk flash about being partnered with ‘a western, british security firm’ who will be doing all the work, but like I said yesterday, if Saudi’s are seen to be benefiting, then that is the single most valuable angle of attack you can posses as an International company trying to acquire business. And at a 50/50 split, its a very generous weighting for our arabian counterparts to find themselves receiving for, cynically forecasting the likelihood of not having to do too much hands on the deck work.
Saudi - British relations are obviously very strong, aside from both sets of the respectives royals being in each others pockets, and our gvmnt’s love of providing them with all the weapons in the world, on a more security related tangent, the majority of high level saudi police are in fact sent to Britain each year to receive various components of training.
Be nice to see the PR team out in full force, hopefully this is where ol' Patsy will step up and prove to be worth her salt . who remembers the sunday mirror article back in 2017 re. the LOI with what we now know to have been Iran, SP did 11p - 20p within the following monday & tuesday.
Thanks for clarifying Gibbo
As per the AGM, it was mentioned that one of our directors will be in Ghana next week, if I anyone could confirm?
Another Great day here for everyone - it looks to me like PF might have just gone and obtained security in nearly every bl00dy corner of Saudi!! With a 50/50 shared split with a Saudi outfit - thats enough to give the green light from the rulers handing us out contracts here there and everywhere .. these countries don't lose sleep over fair distribution of business, or monopoly market legislations, money talks, and if they're in getting a sniff of the action and managing to retain some wealth, do as you please basically! I cant stress enough how much benefit it will bring having these JV's set up with partners OF THE POTENTIAL CLIENTS origin - its invaluable, and will expedite pen to paper.
Its truly been an unbelievable week for us all here since tuesday - never did I imagine thinking i would be disregarding the huge Iran contract to be merely just a slice of icing down the line, if and when, and tbh with you all the irony right now would be that this strengthening and new found momentum WSG are seemingly gaining, is only going to lead to the Iranians holding on to our contract even more.
Never have i felt as positive about WSG as I have right now, during the whole time I've known about the company . . it really does feel like a lot of business is brewing, and the figures posted last night from jelly on current Ghana operations make very nice reading.
The figures released in todays RNS re. KSA are simply quite frightening, to think of what potential could be unleashed in years to come.
Great to see the buzz back on this board, keep it up with the research everyone its always great to read . .
GLA !! Lets do this
DHC I'm not quite following, but with the inkling that your posts towards me seem to be suggesting that you are of the impression I don't believe this contract to hold any clad, and I may even be a bear towards the share, id just like to confirm;
I have been an investor since Feb 2016, never sold a share, nor bought any since May 2018 - and am very happy, positive and unusually confident towards this weeks news, and believe it will put us all back in the game.
(I've been knocking you)
IMO
:)
No random tinker indeed . . more of a well known pain the ar8se tinker to be blunt.
Anyway, regardless of your motives, you always provide us comedy value with your peculiar analogies, and disturbingly unnerving depths of research - uncovering a completely unrelated to WSG video of PF house shopping with his ball and chain was quite frankly the weirdest thing I've came across on this board,
Anyway, good luck to us all . . enjoy your upmarket bacardi breezer this summer down the docks :)
You'l find most of the genuine holders here are very balanced - somewhat of a natural side affect of years of being led down empty dark tunnels, amounting to nothing.
To be fair to the Co. in that respect, they've had some stinking luck (ebola in sierra leone, signing a $24m p/a recurring rev contract with a country who as of today have declared they are ready to war with the US) however some bad decisions have also been made - deciding to jump into the ferry business and then sell it on for a 10th of the price years later etc. - and in no doubt there has been some stretches of the truth along the way -
however
recent years the core business is solidified, they have some great new figures in place, their strategies are aligning . . and I think the general consensus among this latest news this week, is that it most certainly seems to be one of the most positive, major earning contracts we will have achieved in recent years, and by all accounts - the start of more positive things to come, down the line.
if you are genuine, then good luck to you with whichever route you take, I wish you all the best - and forgive us for the sceptical questioning, but we have been subject to idiot traders jumping in sparting out nonsense during these types of periods for a long time now!
Because they only name locations now once a contract has been signed - hence its a very positive sign here. To think of it, they haven't recently named the exact countrys or locations for the 2 recent big tech contract wins - correct me if I am wrong,
Thats pretty much the best summary to take on board if you wanted to get to know why the SP is at where it is just now in 30 secs.
If this Ghana contract doesn't come off and it turns out to be smokes and mirrors for the benefit of an easier ride at the AGM, PF will this time round have completely decimated any remaining sentiment, and his company's share price value won't reach anywhere near nominal until recurring revenue contracts become operational.
It is for this reason, I'm confident he and his advisors aren't that stupid to mess around here . . he knows full well how frustrated investors have been over the years, to the point in which he even alludes to it in the video interview from yesterday - a weak share price is huge, and often overlooked problem for these sorts of companies when they head to the realms of the negotiating tables, because it prevents them from using an avenue of raising capital for the potential projects they want to win, and the clients know this full well.