Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Frustrating is putting it mildly ! Approval will be the making of the deal as and when it ever get done , the main issue is how clear as an investor l see the details of this so called pending issue of approval , the back ground of this is what l want more info on ie what is holding it back and how many placings away it will be .
Questions l have
Well this shows to me what an abysmal investment
This company has produced , promises and no share holder value now , l left a small holding just knowing this was going in the wrong direction so no more paying wages for me guys , remember what comes around goes around , jam jars of oil and all that .
My opinion as always
Beyond todays RNS which in my opinion is continuing the same prospects as before , till there is news on a change of production vs profit or other news l will not be holding my breath .
We need to be trading out of this range to be even nearly realistic , just changing John Barr is not the issue here it is the bottom line Profit and numbers rising on production to make this anything other than a tick over company .
I as a share holder want to know what has changed on that respect .
For a longtime l found that it was assumed to raise shareholder value it was dependant on re buying and selling to counter the long term projection as the graph showed is just down with each dilution .
In fact for me as a LTH it was clear that this was just a matter of mass dilution and many disappointing exploration targets that cost lots of money soaking up any gains in the successful ones .
Now my hope is that there is true value to be retrieved and some share holder value returned as original ipo mentioned .
News required and Board need to get secure and functioning in my opinion .
Let’s see what is there !
Maybe a consolidation to at least stop the billions of shares being issued if under good management without just more of the same . We should not have to keep propping up numbers but fund for growth bottom line and finance should look after itself again in my opinion
Pump up !
This would have to treble to be called anywhere near a pump up ! And then we are only at 0.064 !!
If a raise is coming as you suggest that is the final one in my opinion but who would give funds to these ! Give assets if there are any to lowest bidder ! Yup screw the LTH and x off , nice move if it happens but you have to be a type of person to not feel guilt but as l say what goes around comes around .
Let’s hope it’s none of the above
My opinion
This is just not happening for me as an investor that BOD do not respond to information requested , they need to give loyal investors a response .
News is vital and there is too many maybes and lack of bottom line expectations .