Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Tony, Health reasons aside, I don’t buy that . No access to email for a CFO of a PLC . Nah. He’s probably flat out on the Canadian aspects of the business and does not want the admin disruption of day to day ping pong.
Completely agree nomad. Just one thing to consider. I have a feeling that if the next drills at Serenity prove up what they have stated is recoverable they will sell out of Serenity which could be very significant. X would then be returned to shareholder .
They have gone quiet on the liberator assets . But I would be delighted if these were framed out as well.
Im presuming that if we do complete on a FO the partner will be the operator ? Is that correct , hope so.
I agree there will be a lot of stock to churn . Bybrook will hold 254m shares, 37% of the share capital management and Our employees will hold another 124m shares . Will they be selling for 5 - 10 % profit nah . Other considerations,divi, robust cash flow , farm in, possible Serenity sale if successful next summer.
It will be bumpy but value will wash through as AND If the business plan Is executed inline with expectation. I’m very confident it will. For clarity I’ve held since 2017. I’ve got the scars , they hurt.