Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Correct regarding reason for event. Those potential investors who attended will not be sending out buy orders today, they will digest, consider and decide about investment over the next few days. This is not a tulip sale.
Just in case no one knows who David is. DISCOVERY MANAGER FOR AA
"I have more than 20 years of international experience in exploration geoscience and mining and specialize in the architecture of mineral systems. My work experience spans multiple scales, commodities and deposit styles, with recognized global expertise in sediment hosted base metal systems. With experience across the value chain of exploration and mining, I have a strong understanding of the decision making required for different stages of a project. Additionally, a wide knowledge of what are the appropriate data and work programs required to reach the next key decision point. I am keenly interested in the strategic elements of building a successful business, based on matching business decisions to high quality geoscience. My career has seen me in senior leadership roles with respect to people and technical programs, I am now focused on using these aspects of geoscience and leadership for discovery of high value ore bodies."
#Mattk LOL - no need to hold back Matt, speak as you think. Many others will be giving the silent thumbs up or should it be bums up, to poor old Peggy. Reminds me of a song;
Peggy Sue, Peggy Sue
Pretty, pretty, pretty, pretty Peggy Sue
Oh Peggy, my Peggy Sue
Oh well, I love you gal and I need you Peggy Sue
But that was a long time ago and things have changed, as always happens. The fact being that you cannot hang onto the past - So MOVE ALONG Peggy, MOVE ALONG. Your time is over
# Peggy - Looks like you jumped the gun (or don't really know what you are talking about) as buying is in motion. Whether it has anything to do with tonight, who knows. More likely investors seeking out a bargain.
If you don't need the money, why produce just to pay taxes. The less there is of a wanted/necessary commodity the higher the value will go. If you know the commodity is likely to escalate in value due to ever increasing demands, plan your future accordingly.
Capitalism at its best.
#Peggy
No doubt you will be there tomorrow to let everyone know how you feel, NOT. Better to keep your identity shrouded in mystery just in case you get mobbed by investors wanting the autograph of a great prophet. If you do go, I suggest you have a few drinks to calm your nerves before you say anything that no one wants to hear.
#Diamond geezer - I agree with your post. Despite suggestions I am a ramper, far from it. I am just an investor who happens not to like BS. As for the BOD IMO their communication with investors is lacking and poor. I believe that NVS is concerned more for his own rewards than those of other investors who might be beneficiary's to a Tier one find. Is this unreasonable? IMO - Not at all and will be in part why he negotiated such a great deal with AA. And let us not forget he is also invested and disregarding my opinion on his communication skills, ultimately it will come down to whether or not there is the copper expected in the ground. You can be certain that as soon as that fact is known it will be reported.
#Magnum PI ?
Is Tom Sellick still alive? He must be very old. Confusion and dementia could be playing their part. Obviously this poster is somewhat befuddled by his last comments.
#Donkey - somewhat disingenuous maybe? I think adulation for competing the deal with AA is more appropriate.
“The deals off”. These are words no one wants to hear but unfortunately, deals blow up all the time. Joint ventures are not a simple process. So much work typically goes into the research, evaluation, and negotiation process that finally crossing the threshold of a signed deal, can take a lot longer than anticipated. They can and do go past expected timelines. While I don’t have the exact figure, I can tell you that deals fall apart frequently for a myriad of reasons. In this instance NVS stayed the course, Rothschilds supported the "ask" from Arcm and THE DEAL IS ON! Enjoy it.
Typically, investor events like this are hosted at a hotel and consist of company presentations and one-on-one meetings. Companies are generally represented by members of the executive leadership team, usually their CEO and CFO. Shard Capital is a leading wealth and asset manager. They will have invited private, corporate and institutional clients. They will not have the same client pool as SP Angel which might be an indicator as to why they are promoting Arcm. The take home for me is that to my knowledge, this has not happened before with Arcm. These events are normally held when there is a positive sentiment that the event will garner the interest of the invited guests. They do not need the money for Zambia drilling and indeed they have funds for Botswana. From our CEO - No capital raise needed. But with an increased market capital through a broadened shareholder base, the options to explore and mine elsewhere will be opened up.
You have an opinion of course. But what is your end game? or just nothing better to do than pass opinion on a company in which you are not invested. And if this is the case maybe your time can be more wisely spent looking to the future rather than referencing the past and being critical about individuals who have no influence on your life. Or do they?
Look in the history books and you will learn how quickly a company can see its value sky rocket in days/weeks/months. Nothing funny about believing or the fact that it happens!
More funny IS SOMEONE not understanding that many public comments made where reporters are present can be made for many reasons, not necessarily apparent to the unknowing reader. "That would be you"