Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Looks like another add RNS today, but I feel results are better than expected and maybe he's making an educated guess that fpo is due a re rating as the outlook isn't as bad as the share price suggests.
Better than expected dividend, and starting in January, still selling some assets (underperforming perhaps)
Good progress on occupied %
Not bad all round
Nobody is going to be able to make money buying at 68-69p unless they know the offer price is going up, or are gambling that it may go up.
That's the interesting thing. Buying above offer implies that there is something we need to know shortly.
I notice they sneaked in that production is likely to be more than the figures previously projected, I wonder what they are aiming for?
Sounds like something that should effect the offer price.
Big article in investors chronicle this week about bacanora.
He has added since then,so seems to be interested.
But maybe they are allowed to ring fence the znwd shares to give out to the shareholders who take the offer up.
I think you can go over 30% under certain circumstances, I know caladonia investments bod have permission to be over 30% holding.
What is the acceptance date to qualify to get znwd shares?
I thought it was common practice to buy in the market if the shares were cheaper in the market, as you have explained Foz they save giving znwd shares out for every one share they buy in the market.
So it's probably worthwhile.
That's why after the offer is RNS'd the share price quickly goes up to offer price as they buy in the market.
Once compulsory purchase % is met they have to buy the rest anyway.
You can't use, we have not had an official takeover offer yet as an excuse not to answer some questions, then use we can't answer some questions because of the takeover offer, lol
Looks like zinnwald is very important to ganfeng in my opinion.
Are you kidding me BB, you specifically mention details about bcn and Gafang relationship regards product off take and I ask for proof of your nonsense and you give me an off take agreement for a completely different company and in a completely different product (oil)
Talk about miss information. That is total bull dust.
"You are changing the subject. Ganfeng DOES have first shout, and the jv DOES have to sell everything to them (except for what the Japanese get). As a reminder, the topic is how the takeover affects British access to a Mexican resource. Simple answer: It doesn’t. But do you have a copy of the contract? You seem to know what it contains. Where can I find one?"
Well BB I can ask you the same, you seem to suggest here you are privy to contract information that we aren't, so please show us your source for the off take agreement details you mention here.
Tbh if these pair are paid derampers they aren't doing very well, the quality of material is poor and well researched investors can see through the vague misinformation.
BCN is a great company to invest in, and it's biggest partner /customer thinks so as well.
I suggest the questions should be, can we have assurance from you that we will get an egm if the offer is made official.
What's the betting that the takeover RNS is scheduled for the afternoon RNS around 2pm onwards.
So they sneake the fight club AGM RNS out in the morning schedule.
Watching fight club on repeat,
First rule of AGM, don't talk about takeover, second rule of AGM, don't talk about takeover.
Unbelievable
Well I've never seen and AGM announcement lik this before, an AGM announcement normally just says the time and date of the meeting and the place of the meeting.
Ive never seen the wording like that, it's almost comical, someone has been watch
Sure=such
I've never seen an AGM worded like that before, virtually saying under no circumstances are we going to talk about the takeover and we are going to filter all the questions we want to answer by email, lol.
We definitely don't want to answer any difficult questions, lol.
And how about the national newspaper articles and the shareholder revolt?
Unbelievable cop out RNS if you ask me, in all my years investing I've never seen sure a cop out and play against shareholders by a management team.