Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
In some ways no news is good news. I assume the Moftinu compression went smoothly, no wells goes offline etc. I think the next operational news will be delivery of the pump to Tunisia, which we expect December in best case scenario.
Good link OB. Its the last observation that gets me. How many shares are going to be in issue after the next placing?
Investors don't take too kindly to dilution spiral companies. We seriously need to start seeing conversions. Does anyone even know the conversion rate, or whether we've just been keeping folk on 'free' trials?
I don't see David and co selling now. You might want to sell when there is still great risk attached and someone comes with a decent offer. But when most of the pieces have come together and you are pretty much just waiting for the rollouts? They might have been approached in the past, but you can tell they take great pride in what this small tech company has accomplished.
Problem is it also came at a time when general market sentiment is down. Probably me and some others jumped the gun in expecting a bounce last week. I have got some more lined up, I can't see a better risk/reward opportunity out there than this. I'm sure this placing was to assure prospective clients of Enet's future. Look at their products and tell me they are not going to be in serious demand.
Good that they answered a lot of questions, but some of that comes across as a bit arrogrant 'It’s not for us to comment on the company’s share price.' There's no reason they can't make general comments on that. Increasing sales isn't a strategy.
I dislike overenthusiastic car salesman as much as the next man, but if I didn't have a clue about the product, nothing Mark said would engender anything like sufficient confidence to invest. I hope he just comes across poorly.
I thought the presentation Q & A was pretty dispiriting. I believe they will make good, but they have seemingly little interest in keeping current shareholders content. Nothing to say to LTH's here who have up to this point wasted their money. I have average ~1.75p like a lot of folks here. They think they've done a good job going from 2.5 to 1.4?