Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I would certainly hope that the next update provides a positive result from the massive investment over the last 18 months. For me this is last chance saloon!
It feels that JLP are in desperate need of some better communication on what they have developed. It might then raise the profile which might even lead to higher trading volumes and a real SP value? Going through the malaise period (again)!
I still think an expansion plan in January without further market funding should help the SP.
China opening up through next year should help support market pricing and aid profitability.
The bizarre thing is that the warrants are only increasing the issued shares by 2%, however, we are already 8% off. Would be very helpful if they bought the same number of shares in the market and cancelled them? Not managing this seems to be naive?
I have looked this morning at the options given to the new Chairman. Glad to see he is significantly underwater on these and not part of the cause! After all I can’t see the benefit he is providing anywhere else!
Mikie, as per usual the future looks great. Thinking about the SP I do wonder whether this is weak because it is not clear on how expansion is going to be funded! There must still be fear of a placing? If we can prove we can do this on the balance sheet then all to play for?