Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Bit of a tetchy board at the moment tradetime. We should be more forgiving not each other if we can. You made a mistake. We don't need to be relisted as we've not been delisted or suspended. We've been moved from the micro cap to the small cap fund because if our increased mcap. That's all. It only means that a different type of fund may buy your shares. I would hazard a guess that there are more small cap funds than micro cap.
Trade a little bit if you want. Sell some and try and make enough to get more shares. Win/win. There might be some lose/lose though but that's the gamble isn't it. We might miss the big one with the little trade pot but you can't have it all ways. Ain't nobody's fault but mine.
Throughout suspension the silence was deafening and the BOD saw us alright. We know that there are NDA's in place so that's good enough for me. Like previously said, you either trust the BOD or you don't. If not sell up and invest in a company who can tell you more.
You're correct RMR1969 as per RNS dated 26/11/19
The West Kytlim operating mine (of which the Company owns 68%), which is the largest alluvial platinum reserve in the world currently, with 2,283 kilograms of raw platinum in reserves, and resources and resource potential (as an unapproved internal calculation) to a further 10 tonnes of raw platinum. A single washplant has operated on site during 2018 and 2019, with further increases in production planned from multiple washplants as and when feasiblie. The mine was previously contracted to generate cashflow from which to finance further capitalisation of the asset. All contractors were retired from the operation in September 2019 and it is intended the mine operate on an owner operated (100% of revenue) basis from 2020.
78p original figure
94p updated figure from 13th Sept
40m Oz pgm equivalent
He's having a pizza/curry based chuckle based around his power of 78 site. He knows nowt more than us about any deal but he can't half calculate. Fingers crossed he's being very conservative.
Thanks Jambo. We're in good hands here. The BOD are doing what they can to increase the value of the sale. The previous studies were conservative but as Dmitry says in the Vox video the new surveys are showing much more at higher grades. Check out that video posted by jiffybag last night. Always good to see a bit of Dmitry.
Jambo what are on about? Please do some research. Read the RNS and watch the videos, starting with the one listed by jiffybag a few posts back. You're coming across like a silly person. "Surely someone won't give us billions because we say we've got metal that's worth a lot of money"!!!! Surely not.... The village appears to be missing someone tonight....
I filtered Eddie weeks ago, he's a wind up merchant and it's working. Anyone who has been here a while knows our worth and it's not 30p or anything near it. I keep hearing "I hope not" and "I hope it is" from our Eddie supporters which is normally a deramper subtlety. Any company that buys EUA and applies for further licences will have access to 40million Oz of pgm equivalent in a couple of years or so. Prices are going up. Other companies have sold between 10 - 20% of their in ground value and Eddie says 2 - 3% is fair value for us. Total rubbish imo. As for the markets always knowing, total rubbish. We were valued at 2.8p last year with only formalities outstanding. We know what we know that's why we're still here. That's why we're all in or near as damn it. Stop giving air to these naysayers, they have no clue and when we are proved right, they will have moved on to subtly bash the next stock.
Hopefully this conversation doesn't turn political as I purposely don't watch the news to avoid the constant arguing and this is my safe haven from that. I think concern over CGT changes is relevant but political really isn't. Just my opinion. Thanks.
Good afternoon Tilly, I bought a few more here yesterday as I'm expecting news. A nice line from JHFH about him cheating on hemo and regretting it, ha ha. I'm currently seeing 2 shares, but don't tell either of them as they're both hotties.