Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
SJ...I think we're both in this to mine so let's see what a difference the Decision makes, assuming of course it's the one we want. Ibjj...Your opinion of the management is the same as your opinion of the Swedish Government and since they're both the same maybe we can hope to see a tango in the not too distant future.
Two years that is to decide whether or not the Government conducted the process correctly, without any irregularities, and ' without any irregularities' is quoting one of the Sami spokes people. The Court isn't we've been told deciding on the Mine just the process of deciding it, a process nine years on the Government's table. The result of course will have very wide ranging implications for mining in Sweden.
Morning Eric n' All. If the appeal had been resolved when we expected it, last Summer things would be different now and that's stating the obvious I know. But who would have thought it would take so long...two years now since the mine was granted? It's not entirely their fault the situation we're in...they probably banked on getting it resolved and they ran out of money...the six months review being to save cash. I'm not thrilled about it and I'd have bought twice as many at a 1p...but they were between a rock and a hard place.
Eric...Your 18:01 is a brilliant suggestion, perhaps we should take a vote on it and send Ed an email.. lets say 4 votes will do. Proposition: all contributors to the recent fund raise should receive options for the next 3 years.
But that begs the question...why it it go down so far as it did. And we know the answer to that...it's taken too long and people have lost hope with it...nobody can wait forever and it's a miracle we've survived to this point.
Yes, SJ...needs must when the devil drives as they say. But how did they manage to push it up to 2p? It seemed to be the result of the Government's response to the Court which was as positive as it could have been...it was a resounding confirmation of the previous government's decision about the importance of Kallak's resources. We're they just waiting for that and took advantage of it when it came?
Thanks Troaj. Eric...that's certainly what it looked like, I wonder what Ed would say if we asked him about it? There could have been reasons for it we can't work out, such as needing the cash fast and believing that was the way to go about it....give them a big chunk for a small price. Don't think I'm disagreeing with you, I'm just trying to think around it and that's because I'm in it and I'm staying in it so far as I can see at the moment. I think I'd have bought more than I did if it had been over 1p...the split was a shock and others might have felt the same way.
Just musing a bit on our chagrin at the options RNS yesterday...the Board did thrown a reasonable amount into the fundraise of their own money, didn't they. And as our newbie has pointed out we can buy as many as we want to even cheaper....until that Decision comes, then who knows.
Don't flatter yourself TFE your post the other day didn't ruffle any of our feathers, we were united for a change re the value of your musings. All sorts of people post on these boards.....we even get impostors from Mine free Jockmokk. But of course nobody's an impostor, people can say what they like, who knows what their angle is you just have to guess. But mean spirited malice posing as helpful advice to people of limited intelligence is never easy to take. This is AIM not Lloyds as people keep telling you. Anyway Good luck with the Bank and the Cruise Ships,
There's more than one way of looking at anything.... but the timing of this morning's RNS could have been better, particularly the bit about advice from a leading independent consultancy specialising in the planning, design, and implementation of business-driven pay and reward strategies. The LTIP is designed to retain and incentivise key employees and Directors. Spending our precious cash on that at this moment is a bit hard to swallow. Let's hope they get a chance to earn it...we desperately want to love them a bit better.
How'd you do LUKEROEVEN and good luck with your investment.