Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Not much hope as even today's RNS couldn't sustain a strong enough heartbeat throughout the day.
Never say never eh!
Going to catch 'em out!
Sooner rather than later.
We can also see that the ramping for this share is totally meaningless.
Still a lot of If's, buts and maybe's.
The sp is a "real steal" but no interest.
New Frontier markets and first cab off the rank....mmmm
We'll see.
For the better. We all need this.
Cannot see any updates coming out that quickly....it is needed.
May be the sellers have already sold out today...we'll have to wait and see.
15 million share sells and more to come as we move forward without any updates.
We don't need to be a genius to work out what's coming off here.
At what price, though?
Typical!!
We can see by previous RNS's by being equivocal means that this is taking longer/delayed (for whatever reason?)
The annoying aspect is that we still not have had regular updates as promised....we seem to have been promised a lot in the past but nothing ever comes to fruition.
With reinforced security at the site, the resettlement of the locals is taking a lot longer than usual IMO.
Safety of everyone is the main concern.
However, this takes time and time is money.
Whether we like it or Not, we'll just have to suck it up like the rest of the placings.
This has been ongoing for sometime, It is becoming like a musical - Oliver
PLEASE SIR, CAN I HAVE SOME MORE. Lol
Sp reaction seems to encourage this.
If we are still in this limbo situation the first tranche of 393.1M warrants expire on 13 January 2024. It will be interesting to see what develops as we progress closer to that time. Will the warrants be used no matter what the sp is at the time in order that they can try and increase the sp for when the
second tranche of 500M warrants expire on 17 May 2024.
To keep the sp on an even keel.
No positives coming through, then we all know the score.
I am racking my brain and cannot think of any other reason other than this resettlement issue that has raised its head. We were led to believe that the banks were seemingly happy with everything. Hope Kefi has a contingency for this outcome as who will pay for the added security so Is it a 50/50 split? Do we know?
This was all coming together at one point and nowa chasm is starting to unfold.
Sorry, it is starting to get depressing again.
"Ethiopian Government has taken proactive action by mobilising additional support to the Tulu Kapi district to adequately prepare the local community for the upcoming resettlement and Project launch."
The above suggests that there maybe some potential "security" issue in the resettlement process, hence the "mobilising additional support to the Tulu Kapi district."
Resettlement is one of the Key" issues as without this no groundwork can take place.
Is this "the" concern for the banks at this late stage?
I know that it is difficult to do so as this is getting rather depressing reading.
It is the Season to be rather jolly as they say. Lol.