Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Ness due next week so probably buying in anticipation.
Not sure if a holiday in Germany on Monday so one day closer to drilling.
Could be a ujo top up.
Should have done that in 2015 instead of investing in this crap.
I think bitcoin were about £200 each then.
So every £1000 invested would have been worth £250.000 whilst every £1000 invested here is worth about £2.
If this works out and goes to plan.
Hoping for 500 plus flow rate.
We need someone on the ground in Germany just like horse Hill all those years ago.
Only a two day drill so could know results by mid May.
Looking forward to the flow rates being above expectations.
So overall about 65%.
Everything that could have gone wrong has.
Let's hope it all goes well from now on.
Wouldn't be surprised to see UJO increase their holding at these prices.
If they become a private company then the new shareholders in the company will buy the scirocco shares at a premium to the market price. The old shares will then be delisted and cease to exist.
The premium should include the monies due from the Ruvuma sale although they will want to make a profit so should expect a slightly lower price to reflect this.
The old directors will also probably get paid off together with the liquidator so the sale price of the shares will be adjusted downwards even further.
Many shareholders have lost huge amounts here
and will be glad to see the back of them.
Got out months ago cost me a lot of money here.
Ruvuma looks dead in the water at the moment.
Government taking ages on a decisions.
Drilling licence expires in August I think.
Imo shareholders may be lucky to see .50p over many years but still depends on ruvuma monies being received.
Why are they taking the company private.
A scheme to get even more money to themselves.