Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
FD
In reply to your reaction to my comments l don’t use the term crooks and if l feel l need to comment on my investment l will on an open forum , my point is clear l have lost 85 % of my investment and this is due to dilution and l voiced this many yrs ago . End of that point .
I expect to get it back as to why l am here but share price rise to a dilution is not a fair playing field to none assuming investor of which l am .
Rise on production is the only way l see my investment will return to original but daily churn rate are just loosing me any chance of that .
Do you have a negative on current situation or a comment on what will return profit to investors ?
Interesting point is Da Gee the placing with these cowboys who are making more than the company l would imagine , had a purpose at the beginning as the risk was 100% but last few yrs we have income from operations so why are we still using Friday loans company ??
Structure of income and expenditure l would imagine does not meet the criteria for more reasonable rate company ?
Bod need to address this to reinstate share holders value which has been lacking for yrs and l can voice this as that is why most have invested early !
John is a certified accountant but if he looked at my investment performance he would advise what ?
Need stable borrowing and growth NOW
This is why l have been banning on for yrs re production growth vs cheap confetti !
Well managed loans are the way to go if you have the resources that is the key to any investment !
Funds are required but we must surely after yrs been able to grow away from Friday loans !!!
Bod let’s see the self funding growth and give investors a return they deserve it by now !
Big RNS awaiting ?
The drills financing must be related to production income as you say , so the planning ie drill allocation and negotiations with drill operators is key to moving on to a stream line operations .
The EP145 needs to be again structured as the shelf it is sitting on is bending , again negotiations have gone on for yrs so ,maybe give the local land councils a part in the success if that happens ie small percentage as a sweetener .
This is what BOD should be acting on ASAP as this is the millions that we are talking about , and before any one says but this costs ! We need to separate EP145 and either raise through IPO or other option.
If the above is not possible we need to decide what is our growth prospects on actual number as soon as they are available to keep investors in the mood .
Here’s hoping for big numbers
Mag you are the one person who l would stand a million miles from if recommending !
Your not for real ! Now this is a bottom draw Ha Ha Ha well true colours shine !
Sorry punters who followed your upbeat posts prior to dilution , job well done back under the stone now good chap . Saw you coming
Fair point Ford , l feel Board need to just be straight and plan the strategy ahead for investors to feel comfortable and be equal to the companies funding as they walk away with the icing on top.
Work to be bone on that aspect l feel .
As for future l am expecting changing times for the better l hope , but will not follow the brigade announcing 10 bagger etc overnight mob and of them there are many .
Here’s to double number share price soon l hope .
Ford
I think the issue is for myself not the number of placings ! Although lm not over the moon on them , but the slashed valuation they give the investor who has just paid a premium days before the issue unaware that it is looming !
The fact is any uplift from increased production has then been slashed for the investor who then has a diluting effect on investment , and this is continual !
In my opinion that is the reason for LTH being on the case as they hold a lion share of the diluted shares !
Hope that explains a simple communication that l have with BOD as this is my investment in part of The company which l feel is holding back investor confidence .
If cinnabar far exceeds expectation fine but as we know this is the gamble so dilution on a gamble has a double negative effect ! That is clear to me .
Now you can soon buy at low 7 your low point is coming faster than the high opinion .
It makes more sense to trade at 6s and wait for news then flog them in my opinion . That is as long as you feel the results will be as mag suggests they may be !
Conundrum for you !!!!
Again l never trust a poster who flaunts his or her wears ! Why post that !
I’ve got 1000000 mil Mosman shares my daughter is getting married wife is busy cutting them into shapes of oil wells to make me feel happy !!
But do you think that is true ?
Dry trades doing great ! In what world does Mag evolve from !
Be realistic and accept overhang is effecting share price !
Maybe rise on production numbers but that is weeks away !
Flat now and till news nothing going here for me
Churn shares that why the interest is dry , obvious to any person with an ounce of intelligence , it’s not rocket science . Investors are not stupid and don’t like dilution prior to growth period , my opinion as an investor .
Roll on production news
If it’s so good then l will wait to see official numbers by RNS as l have so many shares ! Good to expect production increase and other speculative increase as and when .
By my experience here l don’t believe any post it notes by any one who posted a reply to every single post day after day night and weekend ! Just not required ! and post on post to himself .
Let’s see share price once the additional 1.8 bil
Get worked through if they haven’t already .