Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Monica on tour all very encouraging but Malawi will never prosper if it doesn't follow through, ie, by issuing the necessary licences to those companies which have shown commitment and investment. No matter how tempting the proposition, sometimes one has to walk away.
BS15: Perhaps, like you, I would appreciate it if someone could repeat the answer. Not that I give much credence to anything that this useless BoD has to say but it might be a bit more rope with which they can hang themselves
With all these sales about to roll in and make us all millionaires this time next year, it is perplexing that there is so little buy-in from the BOD in terms of shares. ne might have hoped for a little more optimism or is that just me?
Have just been reading an RNS from one of my other investments:
""I understand the frustrations and would like to thank shareholders for their continued patience. We have cash from our recent fund raising, are debt free and the Board again is not taking cash renumeration until the MTUPs are granted. We have invested heavily in the Company, so we are fully aligned with shareholders and therefore look forward to announcing progress."
SML BOD NB: ' . . . the Board again is not taking cash renumeration until the MTUPs are granted.'
What a refreshing difference!
Just had a look at the FCA website and Deepverge (including GB) do not appear to be registered, unless I missed something! so, perhaps a different avenue is needed? Have just contacted London Stock Exchange for regulatory clarification. Will keep you posted.
lol - at my own gullibility: like the old line says, if it's too good to be true . . . .
LOL! His Twitter account hasn't been updated/posted on since 2020. Clearly a great communicator!
Perhaps table a couple of constructive EGM motions: eg,
a) That the BOD set out three SMART - Specific, Measurable, Achievable, Relevant and Time bound - short term (less than six months) actions which progress the company and shareholder value,
b) In the event that the SMART objectives set out are not wholly achieved, that the Executive directors forfeit their salaries (and any warrants) until such time as the SMART objectives are achieved
c) That the BOD publish the minutes of all BOD meetings in the last 2 years such that shareholders can more fully assess the actions of the BOD,
d) any other constructive riticism, etc, etc
Has any investor here actually reported this criminal mismanagement to any of the regulatory agencies. Like many here, I trusted the RNSs and am down 94% as a result of being misled and misinformed by ALL sponsors of that deceit.
re. Croutom
Nearly choked om my latte as I read
". . . I doubt JP and crew would go for any less, or opt to have the smaller chunk of the pie with the work that's gone in."
Didn't realise that drawing salary constituted "work"
Pleased to note further investment in the company from Dr. Ward, our CEO. Such action is very reassuring in the absence of other news. Go. see https://www.aquis.eu/aquis-stock-exchange/for-investors/announcements?view_news_id=3978738